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Written by George Albert
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Written for First Post April 6, 2013: Nifty has fallen back to support once again increasing the potential of a break down as the US equity indexes fall below their uptrend lines. Both India and the US largely ignored the flood of money coming from Japan. |
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Written by George Albert
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Written for First Post March 23, 2013: Copper a leading indicator of the equity markets gave a bearish signal this week breaking below a consolidation pattern that began forming in October 2011. Other leading commodities such as oil, gold, silver and aluminum too have not supported the equity rally for a long time. |
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Written by George Albert
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Written for First Post March 9, 2013: The bears watched in disbelief when the Dow crossed its previous high to close the week at 14,397 an all time high. Dow is the third major US index to cross its 2007 high following the tech-heavy Nasdaq-100 and the small cap index Russell 2000. Now only the mighty S&P 500 remains below its 2007 highs. |
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Written by George Albert
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Written for First Post February 16, 2013: The equity markets seem oblivious to the fact the 10-year treasury bond rate has risen around 45% since July 2012 when interest rates hit a new low of 1.4%. The 10-year rate stands today at 2%. |
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Written by George Albert
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Written for First Post February 2, 2013: Goliath is finally catching up with David. The biggest equity market-- the US -- is finally catching up with the much smaller Indian stock bazaar. The journey of both markets to these near all time high levels has been interesting with the Indian market rallying despite tight money policies and US pushed by easy money. |
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Written by George Albert
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Written for First Post December 29, 2012: The cliche goes that if the US sneezes, global markets get the flu. But what happens if the US markets catch the flu. That possibility looms on the horizon as the fiscal cliff negotiations come down to the wire. |
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Written by George Albert
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Written for Seeking Alpha December 3, 2012: The markets have turned bipolar falling sharply and then rallying strongly with the on going political confrontation about the fiscal cliff. Now the market has reached an important level that could lead to another fall. |
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