- U.S Markets crashed Yesterday.
- All 3 indices hit fresh 52 week lows.
- Nasdaq is the major contributor on the downside and fell more than 4%.
- Asian markets are lower.
- SGX nifty is down 100 points.
- Well I can remember few months ago people asking me how to invest in U.S stocks.
- Many people from India have already invested huge chunk in U.S Markets.
- Especially in Nasdaq as it was in a crazy bull run.
- Many investors from other countries have also invested in Nasdaq.
- Now because of this huge underperformance all of these are suffering to the core.
- So Nasdaq falling is not only U.S Specific problem it's a global problem now.
- Tomorrow we will be having inflation data in U.S and in all the other countries Inflation data has surprised on the upside.
- So there are fears of recession and highest Inflation ever in the Economy once again.
- Let me tell you , U.S is a Bluechip Diamond Country.
- They have come out of Many shocks in the past Specially 2008 Lehman brothers collapse.
- Nobody expected them to bounce back with such intensity.
- So this Inflation shock is a temporary one and they will bounce back with greater strength.
- Yesterday was again a very high volatile session with market moving all over the places.
- 16500 in weekly has the highest open interest.
- So this will be difficult to cross.
- I expect some stability in our markets and the speed of the fall to reduce in U.S Markets.
- Nifty might Trade between 16150 to 16450 today.
- stockmarketadvisory.in
1.U.S Markets closed higher Yesterday 2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically. 9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country...
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