Wazua
»
Investor
»
Stocks
»
Elliott Wave Analysis Of The NSE 20
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Much Know wrote:Will it be a black Monday? It all depends on how Asia trades. Fundamentally the US mkt is very strong. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Meanwhile the Middle East markets crashed today as sizable selloffs triggered from Saudi to Qatar as arabia picks up from where US left on Friday.! Asia will definitely be busy today then Europe. Sit tight. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
|
hisah wrote:Meanwhile the Middle East markets crashed today as sizable selloffs triggered from Saudi to Qatar as arabia picks up from where US left on Friday.! Asia will definitely be busy today then Europe. Sit tight. This amount of red isn't for the faint hearted.
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Americans are already panicking....it will be a very interesting Monday "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
That sucking sound... I expected Asia to go crazy after that US rout. Shanghai is a sea of red with hundreds of stocks limit down! Circuit breakers triggered as the index slices through support levels.
Next is London open.
Despite all these US is yet to get a proper hammering! The sooner the better in order to complete the cycle. Otherwise the global rout will prolong with more pain for emerging and frontier markets.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Member Joined: 10/1/2007 Posts: 232
|
Chinese Stocks Plunge: Shanghai Composite Goes Red For The Year, Wiping Out 60% In Gains http://www.zerohedge.com/news/2015-08-23/chinese-futures-plunge-4-open
|
|
|
Rank: Elder Joined: 12/6/2008 Posts: 3,548
|
murchr wrote:Much Know wrote:Will it be a black Monday? It all depends on how Asia trades. Fundamentally the US mkt is very strong. Thought Chinese are the hugest holders of all sorts of American securities worth sijui 2trillion dollors or something like that,me thinks US fate is tied to China and when these two sneeze, the whole world will get pneumonia ama? A New Kenya
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Will be snooping on FTSE NSE KE 15 & 25 indices when London opens. Financial stocks in focus. That's where the hammering is focussed. If NSE introduces short selling in this environment wanjikus will faint coz of the short selling shock... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Member Joined: 10/1/2007 Posts: 232
|
Aly-Khan Satchu: interesting day on NSE today. (https://twitter.com/alykhansatchu)
|
|
|
Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
|
hisah wrote:Will be snooping on FTSE NSE KE 15 & 25 indices when London opens. Financial stocks in focus. That's where the hammering is focussed.
If NSE introduces short selling in this environment wanjikus will faint coz of the short selling shock... FTSE 100 already down about 3% and the story is the same in France and Germany. The rout soldiers on. Meanwhile Scom is feeling the heat of London open. I expect it to touch 14 later in the afternoon as the Americans log in  @SufficientlyP
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
Sufficiently Philanga....thropic wrote:hisah wrote:Will be snooping on FTSE NSE KE 15 & 25 indices when London opens. Financial stocks in focus. That's where the hammering is focussed.
If NSE introduces short selling in this environment wanjikus will faint coz of the short selling shock... FTSE 100 already down about 3% and the story is the same in France and Germany. The rout soldiers on. Meanwhile Scom is feeling the heat of London open. I expect it to touch 14 later in the afternoon as the Americans log in Do you guys know the identity of the ftse 15 and 25 The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Aguytrying wrote:Sufficiently Philanga....thropic wrote:hisah wrote:Will be snooping on FTSE NSE KE 15 & 25 indices when London opens. Financial stocks in focus. That's where the hammering is focussed.
If NSE introduces short selling in this environment wanjikus will faint coz of the short selling shock... FTSE 100 already down about 3% and the story is the same in France and Germany. The rout soldiers on. Meanwhile Scom is feeling the heat of London open. I expect it to touch 14 later in the afternoon as the Americans log in Do you guys know the identity of the ftse 15 and 25 Never checked the components, but should be the usual NSE20 components. You just need to know 4 - 6 heavyweight components, which I'm sure will contain mpesa bank, EABL, BAT, KCB, Eqty and ARM. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
hisah wrote:Aguytrying wrote:Sufficiently Philanga....thropic wrote:hisah wrote:Will be snooping on FTSE NSE KE 15 & 25 indices when London opens. Financial stocks in focus. That's where the hammering is focussed.
If NSE introduces short selling in this environment wanjikus will faint coz of the short selling shock... FTSE 100 already down about 3% and the story is the same in France and Germany. The rout soldiers on. Meanwhile Scom is feeling the heat of London open. I expect it to touch 14 later in the afternoon as the Americans log in Do you guys know the identity of the ftse 15 and 25 Never checked the components, but should be the usual NSE20 components. You just need to know 4 - 6 heavyweight components, which I'm sure will contain mpesa bank, EABL, BAT, KCB, Eqty and ARM. Thanks. Those components are such a guarded secret The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
|
hisah wrote:Aguytrying wrote:Sufficiently Philanga....thropic wrote:hisah wrote:Will be snooping on FTSE NSE KE 15 & 25 indices when London opens. Financial stocks in focus. That's where the hammering is focussed.
If NSE introduces short selling in this environment wanjikus will faint coz of the short selling shock... FTSE 100 already down about 3% and the story is the same in France and Germany. The rout soldiers on. Meanwhile Scom is feeling the heat of London open. I expect it to touch 14 later in the afternoon as the Americans log in Do you guys know the identity of the ftse 15 and 25 Never checked the components, but should be the usual NSE20 components. You just need to know 4 - 6 heavyweight components, which I'm sure will contain mpesa bank, EABL, BAT, KCB, Eqty and ARM. Correct @isah,the top 5 components, with their corresponding weights as at 31st July 2015 were: Safcom - 20.3% Equity - 19.1% EABL - 15.7% KCB - 14.62% Co-op Bank - 6.2% These top 5 commanded 76% of the weight, and by extension, the index and hence should be the focus. The list also includes other underweights as ARM, Kengen and KPLC. Worthy to note was that KQ was expunged and no longer features in both FTSE NSE 15 and 25. @SufficientlyP
|
|
|
Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
|
hisah wrote:Aguytrying wrote:Sufficiently Philanga....thropic wrote:hisah wrote:Will be snooping on FTSE NSE KE 15 & 25 indices when London opens. Financial stocks in focus. That's where the hammering is focussed.
If NSE introduces short selling in this environment wanjikus will faint coz of the short selling shock... FTSE 100 already down about 3% and the story is the same in France and Germany. The rout soldiers on. Meanwhile Scom is feeling the heat of London open. I expect it to touch 14 later in the afternoon as the Americans log in Do you guys know the identity of the ftse 15 and 25 Never checked the components, but should be the usual NSE20 components. You just need to know 4 - 6 heavyweight components, which I'm sure will contain mpesa bank, EABL, BAT, KCB, Eqty and ARM. Correct @isah,the top 5 components, with their corresponding weights as at 31st July 2015 were: Safcom - 20.3% Equity - 19.1% EABL - 15.7% KCB - 14.62% Co-op Bank - 6.2% These top 5 commanded 76% of the weight, and by extension, the index and hence should be the focus. The list also includes other underweights as ARM, Kengen and KPLC. Worthy to note was that KQ was expunged and no longer features in both FTSE NSE 15 and 25. You can also find more info on this link https://www.google.com/u...Xk_Pymz4x_rQ&cad=rja@SufficientlyP
|
|
|
Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
|
lochaz-index wrote:Sufficiently Philanga....thropic wrote:The rout continues, as expected. Scom back to sub 15, Equity headed to sub 40s before market close. All this thanks to the global markets sell off particularly the Dow 358 point shave yesterday. All 2015 gains down the drain NSE most likely to be affected by a further KES slide, and a bearish CBK. Yesterday the DAX didn't have a single stock with a gain. US stocks are catching a cold coming off the all time highs. The global economy is walking on very thin ice. Unfortunately, so many negative factors are colluding to forment a serious rout globally in almost all asset classes from equities to currencies to bonds to commodities and real estate. A world wide race to the pits will horrific to watch. True that. Quite horrific watching the haircuts. @SufficientlyP
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
Sufficiently Philanga....thropic wrote:hisah wrote:Aguytrying wrote:Sufficiently Philanga....thropic wrote:[quote=hisah]Will be snooping on FTSE NSE KE 15 & 25 indices when London opens. Financial stocks in focus. That's where the hammering is focussed.
If NSE introduces short selling in this environment wanjikus will faint coz of the short selling shock... FTSE 100 already down about 3% and the story is the same in France and Germany. The rout soldiers on. Meanwhile Scom is feeling the heat of London open. I expect it to touch 14 later in the afternoon as the Americans log in Do you guys know the identity of the ftse 15 and 25 Never checked the components, but should be the usual NSE20 components. You just need to know 4 - 6 heavyweight components, which I'm sure will contain mpesa bank, EABL, BAT, KCB, Eqty and ARM. Correct @isah,the top 5 components, with their corresponding weights as at 31st July 2015 were: Safcom - 20.3% Equity - 19.1% EABL - 15.7% KCB - 14.62% Co-op Bank - 6.2% These top 5 commanded 76% of the weight, and by extension, the index and hence should be the focus. The list also includes other underweights as ARM, Kengen and KPLC. Worthy to note was that KQ was expunged and no longer features in both FTSE NSE 15 and 25. You can also find more info on this link https://www.google.com/u...k_Pymz4x_rQ&cad=rja[/quote] Thanks! The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Veteran Joined: 9/18/2014 Posts: 1,127
|
Errors of the global quantitative easing spree are hitting back with a vengeance. That cheat code carousel has run its course and there is no ducking the consequences this time round like it happened back in 2007 and 2011. It's been a long time coming and the evidence is in the warm up currency war doing the rounds in Asia and soon it will catch up elsewhere. The Fed will be in quite a pickle. If it raises the rates deflation kicks the US economy in the teeth and deflationary spiral becomes a real possibility. If it doesn't then china already has first mover advantage when it devalued the yuan so the econ still gets it. Another bout of quantitative easing to counter the devaluations will push probably all currencies including the dollar down a financial dark age as the QE would have to be of epic proportions. This financial system has outlived its usefulness and the Fed will hammer the final nail to its coffin albeit unwittingly. The main purpose of the stock market is to make fools of as many people as possible.
|
|
|
Rank: Veteran Joined: 6/17/2009 Posts: 1,619
|
Ouch...it is massacre in Europe right now.Almost all the major markets are off by about 5% in today's session.
The NSE should bleed some more,i need those > 8% dividend yields again.
|
|
|
Rank: Member Joined: 8/17/2007 Posts: 294
|
Its crazy i tell you... 8.5% in China! At least the NSE stood strong at 1.54% losses
|
|
|
Wazua
»
Investor
»
Stocks
»
Elliott Wave Analysis Of The NSE 20
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|