The latest US 30 ORMI © Index update carries the equity curve from February 2002 till date. The Orpheus Risk Management Index (ORMI) is up 217.69% since 2002. The S&P 500 is up 30.47% since 2002. The ORMI outperformed the S&P 500 by 187.22% (2002 till date). Download US ORMI 30 (021012) Indexing: The US 30 […]
While our counterparties have been busy defending their negative sentiments, markets have crept higher. Now our fellow bears would say that, “So what if we have crept higher, there is supply overhang that is still there. A multi-week break of resistance does not mean that the multi-month resistance has vanished. Look at the Dow, even […]
We are a week from end of another important quarter. And we already have clear positive price confirmations. And we should not forget that a failed negative indicator is confirmed strength. So if SEP-NOV negative seasonality does not deliver, it’s a bullish sign for global equities and respective assets. Now the SEP performance tells us […]
Summary We have 14 running total positive (both Jiseki and price signal positive), 6 running total negative (both Jiseki and price signal negative) and rest neutral (both Jiseki and price signal non-confirming). Positive There are 14 components that are positive on both price and Jiseki cycle. All these components are positive for a quarter except […]
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Download US 30 ORMI (070912) For more such interesting updates visit the Reuters Store or mail us for subscription details. Indexing: The Orpheus Risk Management Index (ORMI) is based on proprietary algorithm. The indices values that are disseminated today are broadly based on market capitalization methodology. Market capitalization methodology has been challenged globally for a few broad reasons. 1) As […]
What is volatility? Why is understanding volatility important? Is there a recurring pattern in volatility? Putting simply volatility is a variation of prices over time. There are different types of volatility. In this update we have looked at historical volatility aka statistical volatility (SV). Why is understanding volatility important? Everything animate is connected. Markets are […]
With 29 of the 39 banking stocks posting an average loss of 20% for the rolling 12 months, one wonders “where’s the Indian banking headed?” Banking is a top sector in India and the very fact that despite bleeding sector components NSEBANK has held ground makes it more critical for review. A bottoming banking sector […]
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Download the latest US 30 ORMI 050912 For more such interesting updates visit the Reuters Store or mail us for subscription details. Mukul Pal, is a Chartered Market Technician, MBA Finance and a member of the reputed Market Technicians Association (MTA). He has more than a decade of Capital Market experience dealing with derivatives and global assets. He has […]