Month: February 2014
Sensex closed at 20366, a fall of 10 points as compared to a fall of 137 points in the previous week. In the weekly chart below, we see that the Indian markets are trending downward, the western markets are trending the same. So Markets are jittery before the significant event i.e. Elections & US tapering […]
Sensex closed at 20377, a fall of 137 points as compared to a fall of 620 points in the previous week. In the weekly chart below, we see that Sensex at 10 has made a hammer after a downtrend in a support area. The supports are the horizontal support zone formed by points 1, 2, […]
By: Kenneth Rogoff, professor of economics at Harvard University CNBC.com | Friday, 7 Feb 2014 | 7:00 AM ET Emerging-market equities and exchange rates are again under severe downward pressure, but are the underlying economies really as fragile as global traders seem to fear? The short answer, for a few, is probably “yes,” but for […]
Whether you’ve resolved to get debt-free this year or you have a long way to go to get there, it’s good to be inspired. Look at people you know who are already living debt-free lives. Whether it’s a friend, family member or co-worker, the person you are thinking of probably shares similar qualities with […]
CNBC.com | Tuesday, 4 Feb 2014 | 10:45 PM ET Following weeks of heavy selling U.S. stocks have eked out gains early this week, but one analyst told CNBC the respite will be short-lived and tips a 20 percent correction this year. “The thing that would surprise me [in 2014] would be if the U.S. […]
CNBC.com | Monday, 3 Feb 2014 | 8:50 PM ET The S&P 500 broke below an important trend line Monday, and technicians see more selling ahead. “I’m not willing to say this is a bear market at all. I just think you’re going to have a very severe, very sustainable and really quite ugly correction […]
Sensex closed at 20514, a fall of 620 points as compared to a rise of 70 points in the previous week. In the weekly chart below, we see that Sensex after facing considerable resistance at points 5, 7, 8, 9, & 10, at the level 21321, broke down sharply with a gap, this past […]