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Commentary
Inflation at 11.4% is meaningless
Inflation at 11.4% today and the folks on CNBC are jumping around in excitement. I usually don’t watch business news, but today I have this viral fever ...
Commentary
HOVS: A takeover story gone awry
HOV Services, a stock I’ve traded in the past (and exited with a stop loss) has seen some major action in the last few days. They made an announcement on ...
Commentary, Opinion
"Pompous Prognosticators" you might recognize
You want to read this post by Colin Seymour: Read the full post to see what people said in various times. Nearly every time they said that the future looked ...
Commentary
Misaligned Incentives for Agents
The incentives provided to Mutual fund and Insurance agents are all warped, and actually hurt the industry more than anything else. Agents get a commission ...
Commentary
RBI Raises Rates – Why Are We Surprised?
RBI raises rates in two phases – the repo rate, which is what is most related to your loan rates, is up to 8.5% now, a 50 basis point hike. The Cash ...
Commentary
Short Sellers Bask In A Well Deserved Glory
An interesting article about a short seller, David Einhorn, and Lehman Brothers: That was 1996. The firm had just $900,000 in assets, more than half of which ...
Commentary
Ranbaxy Spikes to 660 at the Open
Ranbaxy saw some weirdo trading today. Look at today’s bar. The high of the day was 660! That’s ridiculous, obviously but why did it go that high? ...
Commentary
Ranbaxy sells to Daiichi
The story is that Ranbaxy promoters are selling their (nearly) 35% stake to Daiichi of Japan. The price is Rs. 737 per share and reflects a big premium on the ...
Charts & Analysis
System Trading – A link to begin with
To read more about System Trading (read my last post) check out Ed Seykota’s Trading System Project. The project gives you an idea about how trading ...
Commentary