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19th July, 2010

Maybe I am not understanding the numbers.

Canara Bank Q1 EPS  Rs 24.72    Share Price 496.5 (Source: http://www.business-standard.com/results/storypage.php?autono=401713) HDFC Bank Q1 EPS Rs 17.53    Share Price   2047.85 (Source: www.nseindia.com ) (I own long positions in Canara Bank. This has been my

15th July, 2010

What if they are wrong?

In earlier posts today, I offered analysis by Dow Theory Expert, who feels that we may be entering a bear market never seen before. He seems to be agreeing with Robert

15th July, 2010

Explanation of a Sucker Rally.

Barry Ritholtz (ritholtz.com) gives the opinion of Tomi Kilgore who says that the current bounce in the SP500 may be a suckers rally. Tomi Kilgore warns that the recent bounce

14th July, 2010

America goes up on Intel, India goes up inspite of Infosys.

Strong Intel earnings sent the global markets to otbit. The bears were slaughtered. But, what about earnings in India? Infosys did not give much promise, yet Indian markets have followed

12th July, 2010

Time to buy the Dollar.

Currency futures are available on the NSE as well as on the MCX. Is it time to buy the dollar. If the dollar index moves up, we might see a