Karan Pai,CMT

Audiophile, Petrolhead, Gadgetfreak by passion.
Technical Analyst by profession. Views are personal.

[Axis Direct @AxisDirect_In]

Domestic stocks came under pressure as US elections and the Fed rate decision loom, with the BSE Midcap index down 1.5% and Nifty 1.8% as of 12 pm on Monday (04-11-2024). 📉 Key support levels could drive the next move!

[Axis Direct @AxisDirect_In]

Nifty has posted gains around U.S. elections in 5 of the last 6 cycles since 2000, with a median return of 1.3%. The standout? A 3.9% surge in 2020!

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#nifty #bse #sensex #NiftyAnalysis #nse #didyouknow #uselections #uspresidentialelections

[Bob Elliott @BobEUnlimited]

The more the Fed commits to cuts, the worse it is for bonds.

[Jim Bianco @biancoresearch]

The biggest rise in rates following a first cut since 1989. (Before that, the Fed targeted the money supply, and determining the "first" day was murky.)

What does it mean that rates have risen this much after the Fed cut? I would argue it is a rejection of the policy.

Austan Goolsbee (Chicago Fed President) contends they need "hundreds" more basis points of cuts to get to neutral. The market says this is too much.

The worry is that the Fed will overstimulate and create a resurgence of inflation, especially if Trump wins and fiscal and inflationary stimulus comes with it.

[Axis Direct @AxisDirect_In]

💡Do you know this interesting fact about the Dollar Index ?

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#AxisDirect #SimpleHai #dollarindiex #sandp500 #globalmarkets #stockmarket #financialnews #stockmarketnews

[Axis Direct @AxisDirect_In]

Did you know?

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#AxisDirect #SimpleHai #uspresidentialelection #sandp500 #globalmarkets #stockmarket #cboevix #stockmarket #financialnews #stockmarketnews

[Axis Direct @AxisDirect_In]

The HSI was up nearly 19% over a two week-period as of Friday - the largest such move since 1998 - as China's stimulus to spur economic growth saw investors lap up everything China and Hong Kong.

[Axis Direct @AxisDirect_In]

The ongoing rally in India's bonds has sent the nation's 10-year G-sec yield to a level of utmost significance.

[Axis Direct @AxisDirect_In]

The Nifty fell 2.1% Thursday - its third biggest decline for the year - as an escalation of the Middle East crisis coupled with the rally in China equities soured investor sentiment.

[Axis Direct @AxisDirect_In]

The index is set to close out September on an impressive note. However, there is also a fear that the markets are overstretched & that the risk of a sudden drop remains high, particularly since breadth is narrowing.

[Axis Direct @AxisDirect_In]

Rupee's on a roll, hitting a 6-week high with a 0.15% jump. But gold imports are driving the trade deficit higher. Is this the start of a sustained rally? What are your thoughts on this?
Source: Bloomberg
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#AxisDirect #SimpleHai #fedratecut

[Axis Direct @AxisDirect_In]

The S&P 500 went on a rollercoaster ride on Wednesday as inflation data saw the index slump over 1.5% at its lows. However, a rally in mega-cap stocks led by Nvidia - it saw $216 billion added to its market capitalization - saw the index end more than a percent in the green.

[Axis Direct @AxisDirect_In]

What's your take? Share your thoughts in the comments below.

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#AxisDirect #SimpleHai #Sandp500 #StockMarket #DidYouKnow

[AC @AkshayChinchal4]

Last week, we went into some details of data types & wrapped up the discussion with strings. Let's delve deeper into them today.

First, we define a variable to store a string:

str1 = "hello world, it's a beautiful day"

Notice that running cellblock #4 throws an error.

[Axis Direct @AxisDirect_In]

The Nifty closed at 25,017.75 yesterday, marking a nine-day streak of successive higher closes. Such a signal has occurred only five other times since 2014. In three of the instances, i.e., 60% of the time, the index was higher 20 days later, with an average return of 3.6%.

[Axis Direct @AxisDirect_In]

Natural gas prices rallied over 20% from their August troughs, sparking debate about whether the recovery was here to stick. Technically though, bulls are yet to show their resolve, keeping bears in control as long as a pivotal price zone holds.
Read Here: https://t.co/Q9qyJP2luA

[Axis Direct @AxisDirect_In]

Silver has rallied by 9% in the past 17 days! Wondering what it coincided with?
Ps: Our Silver Special Report came out on 5th August 2024

Get more such game-changing research reports here: https://t.co/KEt140i2IX
Silver Special Report: https://t.co/3WxWr7dlsi

[Axis Direct @AxisDirect_In]

The S&P 500 rose for the eighth straight day yesterday, the first time since November 8, 2023. Back then, the signal marked the end of the correction and kicked off the ongoing bull market.

[Axis Direct @AxisDirect_In]

Commodity Flash Insights - Crude Oil

WTI Crude prices have been on a roller coaster ride lately, with the recent drop to $72 failing to stick and prices rebounding vertically. Is that an all-clear for bulls or is there more than meets the eye?

[Axis Direct @AxisDirect_In]

Commodity Flash Insights - Copper

Copper prices have tumbled nearly 20% from the May highs just when it seemed like nothing could go wrong. Concerns of China's economic growth continue to worry investors, but the recent recovery may have a story to tell.