Balaji Sivan

IT Consulting / Financial Markets

[Balaji Sivan @BalajiSivan]

@KobeissiLetter No India? Seriously 🤔

[Balaji Sivan @BalajiSivan]

@BoreAdikudhu @thiruja2009 Well, Religions are the biggest scam in the world! You must be wondering looking at my name🤔 but I didn’t name myself 😂

[Balaji Sivan @BalajiSivan]

@BoreAdikudhu @thiruja2009 Just abolish caste, start from school certificate with no mention of caste and make it economic situation based. But no political party has guts to do such a reform! All are vote bank politics.

[Balaji Sivan @BalajiSivan]

@BoreAdikudhu @thiruja2009 Why do you bring in Caste? I was talking about reservation based on economic situation.

[Balaji Sivan @BalajiSivan]

@CyclesFan Oh sorry, I miss read 😀 as I hardly look at weekly MA and got used for day MA😂 Thank you 🙏

[Balaji Sivan @BalajiSivan]

@rang987654321 Nothing wrong in expecting to marry a Virgin IF the guy is Virgin😊 But in real world, most women (and some men) are ok to marry a man who was married in the past. Women (majority of them) look for care and safety (money, settled) than anything else in a man!

[Balaji Sivan @BalajiSivan]

@abbasmamu

[Balaji Sivan @BalajiSivan]

@abbasmamu People are fed up with fake tacos, so down. If up then down later after big earnings, fed and aug 1st week memory/chips earnings.. by all means aug/sep it has to touch 7200-6900, where it will bounce or bottom is a big ?

[Balaji Sivan @BalajiSivan]

@abbasmamu Memory, Chips all up and tomorrow GOOG, TSLA and Thursday INTC.. GOOG conf call important, SPX could play around 7500-600 for few days and decide… either way less up and more down in the weeks and 2 months or so, 7200 to 6900 wherever it holds is the buy for leaps with hedge.

[Balaji Sivan @BalajiSivan]

@abbasmamu FYI The government is revising how it calculates the Fed's preferred inflation gauge, and the revamp is expected to lower the reading. A cooler print from a formula change, right as fuel costs climb, muddies every inflation data point this fall.

[Balaji Sivan @BalajiSivan]

@mammukka @ikamalhaasan U have zero clue! Kamal Sir was a Superstar (not with title) and biggest star when Rajini, Mammooty and Mohanlal just entered film industry. Kamal Sir had 4 different movies in 4 different languages hit Silver Jubilee (175 days) in 1983, it happen only once, 1st Pan Indian Star

[Balaji Sivan @BalajiSivan]

@abbasmamu @Sujeetkjha23 @narsim76 Yes, first reaction at 200D could be strong bounce before fall again if it has more down.. its been a while it hit 200D, so bounce first.

[Balaji Sivan @BalajiSivan]

@Sujeetkjha23 @abbasmamu @narsim76 Next drop I see up to 200D which it escaped last 2 times at 50D, max a overshoot of 100-200
SPX below 200D and then rally back for elections.

[Balaji Sivan @BalajiSivan]

@abbasmamu @narsim76 2/2 Except Covid time which no one can control market drop, rest of time of Trump Presidency bears got killed, 5-10% drop and then back up is the game until he is President… so far! Unless something extreme happens in the world.

[Balaji Sivan @BalajiSivan]

@abbasmamu @narsim76 1/2 Oil shocks are temporary 6-12 months to 2 yrs or so, exception is 2003 Iraq war which put $9 a barrel oil to different level permanently. Now, with EV, Solar etc I don’t see Oil shocks stay for too long like until 2035. Bears should be very concerned when Trump is President.

[Balaji Sivan @BalajiSivan]

@abbasmamu @narsim76 Yes, I used to wonder abt FTSE and even CAC compared to DAX which is doing well, but Nikkei is a big surprise which people thought is a dead economy which used to be No.2 until China leap forwarded it, not sure if Yen has anything to do for it’s performance.

[Balaji Sivan @BalajiSivan]

@abbasmamu @narsim76 You mean Indian markets are dead for many yrs to come? I don’t follow Indian markets except the overall index numbers and where it stands. Modi jumla not working anymore 🤔