Dow-Nifty (usa stock market)
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Yesterday rate cut and bond buying stance + QE from Dec signals good days for risky assets and tech stocks

We should see Santa rally and run into Jan with same
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Some good news finally
This time it’s institutional investors so big clients ..
Lower crude and gas + better GDP is good news for next quarter
Forwarded from DN - USA premium
Nike stock rose 2% after a filing showed that Apple CEO Tim Cook bought nearly $3 million worth of Nike shares.

Stock was 150+ couple of years back.. good to add at 58.6 for long term
Happy new year everyone ..!! 🎊
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DECEMBER CPI

CPI 2.7% YoY vs Est. 2.7%
Core CPI 2.6% YoY vs. Est. 2.7%
BREAKING: US CPI YoY Actual 2.4% (Forecast 2.5%, Previous 2.7%)
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Some good news on cpi front
Usa gdp came at 1.3% while expectation was 3% badly missing estimate which is negative for market

This negative news could turn positive if FED issues stmt of aggressive rate cuts due to slowing economy
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Last 40 Years Crude Chart

•All Time High: 147.5
•Today’s High : 119

In my opinion, the best equity market opportunities appear when crude Ranges between 120 to 147

That is usually the time of extreme panic and maximum discount in stocks.


Let’s see..
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Until the oil prices are controlled market will remain volatile
It’s time to accumulate good shares on every big dip
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Don’t expect immediate relief
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