The Slack Discussions
The Slack group at Capital Mind Premium has been extremely active and if you haven’t been there, pop us a note by replying to this email. (If you’re a trial member this probably sound like Greek to you; it will be available when you sign up!)
Awesome discussions again!
A brief summary of some of the interesting things discussed there in the last few days:
US Markets closed in Red on 21-Aug-14 (Friday)
Markets witness 7 year lows, India follows US and China…..
#Sensex 25,741.56 / -1624.51 (-5.91%); #Nifty 7,809 / -490.95 (-5.92%)
http://www.reuters.com/article/2015/08/23/us-global-economy-idUSKCN0QS0EG20150823
http://www.reuters.com/article/2015/08/24/us-china-markets-idUSKCN0QT0CV20150824
http://www.zerohedge.com/news/2015-08-24/summarizing-black-monday-carnage-so-far
http://www.cnbc.com/2015/08/24/wall-street-prepped-for-meltdown-as-futures-plunge.html
Avoid Buying Put Insurance When You are Most Afraid
http://blog.alphaarchitect.com/2015/08/24/avoid-buying-put-insurance-when-you-are-most-afraid/
What else was making news:
Exits We Made on #actionable:
Aug 24:
Aug 25:
VC Funding: Funding Boom to a Funding Bust…??? Start-ups starting to worry….
http://yourstory.com/2015/08/flipkart-snapdeal-valuations-and-gmv/
Government’s IOC stake sale kicked off in the Monday blood bath:
Monday Afternoon Market Updates:
An excerpt of the conversations we witnessed during the week:
Amitvikram M: So finally @deepakshenoy warning of being cautious in every actionable post is hitting;
Deepak Shenoy: It’s a little vindication, but now is the real work. Stick around, and don’t panic and ask if you are wondering whether to sell something. This is not a time to make big decisions, but to stick with stops.
Deepak Shenoy:</str ong> Main thing here is – don’t get overeager to buy or overeager to sell.
Are Sanjoy Bhattacharyya & Porinju Veliyath Being Foolhardy In Aggressively Buying Stocks On Day Of Gory Carnage?
More reading at: http://rakesh-jhunjhunwala.in/are-sanjoy-bhattacharyya-porinju-veliyath-being-foolhardy-in-aggressively-buying-stocks-on-day-of-gory-carnage/
China stocks give up year’s gains as ‘national team’ stays on bench
Read on at: http://www.reuters.com/article/2015/08/24/us-china-markets-idUSKCN0QT0CV20150824
Is China liquidating US Treasuries?
http://dravirmani.blogspot.in/2015/08/chinese-revelations-in-august-2015.html
Why the stock market has to go down: The Reformed Broker
Continue reading: http://thereformedbroker.com/2015/08/23/why-the-stock-market-has-to-go-down/
Take Some Deep Breaths, and Don’t Do a Thing: The NY Times
Read more at: http://www.ndtv.com/world-news/take-some-deep-breaths-and-dont-do-a-thing-1210574
Wall Street Surges for 2nd Day (Thursday) on Strong GDP Data
http://profit.ndtv.com/news/market/article-wall-street-opens-higher-after-gdp-data-1211670
Atlast Jewellery now listed
5 Things to Watch at the Kansas City Fed’s Jackson Hole Conference
Godrej Ind to acquire Astec LifeSciences
Transgene Biotek alleges $38 mn fraud
ICRA raises credit rating of Kitex Garments
http://www.icra.in/Files/Reports/Rationale/Kitex%20Garments_r_08072015.pdf
Interesting Reads:
The ultimate RSI indicator trading guide
K10 Companies Where are they now?
The Ketan Parekh scam – A Case study
Govt. may levy 2% cess on air tickets
Jaguar Land Rover US Sales for April 2015
How To Find 100-Bagger Stocks: Motilal Oswal’s 19th Wealth Creation Study
Signs of long-trend bear market
India to face power surplus, 300 million people may not be able to afford
Trading false moves with the hikkake pattern
Consequences Of Short Delivery – Nse/Bse
Evaluation of Momentum Oscillators
While Many Panicked, Japanese Day Trader Made $34 Million
Nassim Taleb’s Fund Made $1 Billion On Monday; This Is How The Other “Hedge” Funds Did
Disclaimer
Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.
Disclosure: The authors at Capital Mind have positions in the market and some of them may support or contradict the material given above, or may involve a direction derived from independent analysis.
