US stocks are on a roll before the elections. There is extremely strong momentum and breadth. See the chart below. Advance Declines lines for the major indexes are making new highs. This shows the breadth is extremely bullish. The chart…
Bond yields in the US are heading higher. See the chart below. US 10 year yields have retested the March low and are heading higher. It has moved above the 50 day moving average. Bond prices move inversely to yields.…
Nifty has had a huge bounce in the last few days. It has moved almost 900 points in 8 days. In September, in 4 weeks, Nifty fell from 11800 to 10800. In October, in 8 days, Nifty has shot up…
The Volatility Indicator or VIX spikes up whenever there is fear or uncertainty in the market. See the chart below. It spiked up sharply when Corona started. Since then it cooled down a lot to 25 odd levels. However in…
Nifty and the Rupee have been positively correlated in the past. A strong Rupee is good for the markets and a weak Rupee has seen the markets fall. In a research report by Religare Capital Markets it was shown that…
