As we look for signs of a tradeable low in Equities, we're not only looking at breadth and the stock market's leaders, we're also looking to the Commodity market for a signal of what's to come.
Let's get into why Copper needs to be on your radar.
As we look for signs of a tradeable low in Equities, we're not only looking at breadth and the stock market's leaders, we're also looking to the Commodity market for a signal of what's to come.
Let's get into why Copper needs to be on your radar.
Last week we started to see a few momentum and breadth divergences form in Indian stocks, however, they've not yet been confirmed by price.
In this post, we're going to outline what price level in the Nifty 500 would confirm them, what confirmation would mean for our intermediate-term outlook, and how we're managing risk in both scenarios.
Warning signals were piling up throughout 2020, but weak breadth has been an underlying issue for Indian stocks since they made new highs in August 2016.
While we wait for breadth and momentum divergences to form and suggest getting aggressive on the long side, we're going to look back at how the average Nifty 500 stock has performed over the last 3.5 years and why this data is relevant to today's market.
We got a lower low in equities, followed by continued weakness rather than stabilization. Heavy cash positions and a defensive posture remains best in this historically volatile environment.
Given how quickly things are moving, there are three charts on our screen that will help identify when a shift in the market is occuring.
There's been an ag-gravating pattern of behavior torturing bulls in the Agricultural Commodity space, so this educational piece will highlight the conditions that got us here and also outline a new trade idea.
Yes Bank is in the news again and following an 83% intraday move to the downside, market participants are wondering what's next?
In this post, we'll outline why this week's move is business as usual for the stock, what we'd do with it now, and why the best trade in Yes Bank may be to avoid it altogether.