This is a harsh reality, but masses don’t understand cycles and the uncanny asset linkages. The fact is that we at Orpheus too are also scratching the surface. Though there are market timing models, timing the market in future with a small time window of a few days, is a skill we look up to. […]
We wrote about the first five on 3 NOV (THE FIRST FIVE). The BETFI is up 50% for month to date and most of the stocks and indices have registered gains. Prices have also hit initial targets on BETFI (RIGHT). Though prices could continue to extend higher, but markets have this innate ability to not […]
Just like always it is the buyer’s psychology that gets all the attention, and when it’s time to study what goes on in the seller’s mind we have all crash and crisis news all over. There are more reasons why the thoughts of a seller rarely hit the headlines. First a buyer is more emotional […]
Historical Call – It was at the FIA (Futures Industry Association) CONFERENCE on OCT 17-19 2006, Hilton Towers, Mumbai, we were asked about ZINC. For us it was a euphoric move up and unsustainable. The five wave up were complete and prices coiling up in a B wave retest back to previous highs. We saw […]
Though we stayed out of political forecasting, predicting the elections, we know a few who predicted it right. Bill Meridian of CYCLES RESEARCH was on top of events with his Obama call. Now of course one can analyze why it happened. Maybe the anti incumbent factor, or the age factor, but market technicians saw it […]
As the first week of November comes to an end, a quick check at price performances can indicate intermediate trends ahead. The stock leading the MONTH TO DATE performances was SNP. The energy major returned 25% over the period. This compared to 10% on BET suggests that the Energy Major might continue its outperformance against […]
The 140% annual gain on First Solar, a solar major, pails every other asset price performance. Vestas wind another wind major returned 62% annual gains. And this was not all, there are atleast 10 multi billion dollar alternative energy majors with barely 15-20% drops this year. This clearly highlights the alternative energy out-performance compared to […]
Just over a year and a half ago we mentioned in one of our articles ‘Revisiting Caritas’ the crash of Capital markets in reference to Romania, one of the four hottest emerging markets in the world. We accept that the meltdown was more brutal and faster than we thought. And we did not expect companies […]
Apart from the KEY REVERSAL bar (RIGHT), we have historical momentum lows both on daily and weekly time frame and conventional multi year supports on SILVER. Last week we mentioned the GOLD-SILVER ratio, which also suggests outperformance on SILVER. The ratio continues to suggest the turn up for SILVER. This week we look at GOLD […]
I am visiting India and am writing from the Orpheus New Delhi desk. Markets have been making lower lows here too. And fortunately or unfortunately, the famous day of 28 Oct (1929, Black Monday) is a national holiday here. Not because India is celebrating the old crash, but it’s a start of an important day […]