Monday, March 14, 2016

Rally may strengthen led by banks


Thought for the day
"Appreciation is a wonderful thing: It makes what is excellent in others belong to us as well."
—Voltaire (French, 1694-1778)
Word for the day
Psittacism (n)
Mechanical, repetitive, and meaningless speech.
(Source: Dictionary.com)
Malice towards none
When morality takes over the rule of law - stars bite dust, everyone gets to play saint, mob imparts the justice, and no one is winner.
First random thought this morning
I shall be ever grateful to our hyper-enthusiastic TV news anchors and our parliamentarians. They helped generously in treatment of my addiction to the idiot box. There was a time, I would watch anything showing on TV. But no longer. My pendulum has swung to the other extreme. Now I loath to go to the rooms where TV is playing. As they say, "whatever happens, happens for the good".
 
Rally may strengthen led by banks

Greed being conquered by fear, time for a new beginning
In past few months, broader markets have materially underperformed the benchmark indices. In past week, there was some signs of stability in the top half of the market, while the bottom half still remains jittery. This is a sign of greed being conquered by fears and euphoria subsidizing, an essential pre-requisite for a new market cycle to begin. Save for a black swan event, we may see a new market cycle emerging in next 6months.


...led by financials



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