by Ramki | Jan 4, 2012 | US Stocks outlook
I wished my well-meaning colleague a happy New Year and asked him how his portfolio was doing. He said it was doing swimmingly well. So I asked him what stocks he would recommend to me for the long term and he suggested to take a look at Altria Group. And boy! What a...
by Ramki | Jan 3, 2012 | Indian Stocks Trading
In my last Elliott Wave update for Indian stocks, I pointed out that ICICI bank was approaching a buy zone. At that time, I was suggesting buying in stages from 620, but you could have done better and purchased at 642 if you had followed the methods described in Five...
by Ramki | Dec 19, 2011 | DAX Index
How bad can it get for the European stocks during this ongoing crisis? In particular, can Germany’s DAX index weather the storm? When one thinks back at how nicely the US stock markets performed during the last couple of years, I am probably going to be frightfully...
by Ramki | Dec 18, 2011 | India
I am going away on a two-week holiday,this time in God’s own country – Kerala, in a resort. So here is a small New Year’s gift for my friends in India. Elliott Wave analysis of ICICI suggests that despite the adverse news surrounding this stock, an attractive buying...
by Ramki | Dec 18, 2011 | S&P500
Two things are clear from the attached chart. First, there is a reasonably good chance that we will go back and forth for a few more weeks, and it is possible that one particular rally will be relatively powerful. However, just when everyone starts to cheer, I suspect...
by Ramki | Dec 15, 2011 | US Stocks outlook
In his recent update in Forbes, John Navin mentioned IBM as one of the old warhorse stocks that is providing leadership in keeping the market well supported. John has some very good instincts and is an engaged partcipant in the US stock market. My being removed from...
