This post is to announce that the latest list of stock alerts is up and available at Alert HQ. Each week we scan over 7200 stocks and ETFs looking for fresh BUY and SELL signals.
The markets tumbled again this week, with the S&P 500 down 3.0% after falling about 3.1% the previous week. At this point the Dow, the NASDAQ and the S&P 500 all have double digit losses year to date.
The Fed met this week and kept rates unchanged. Having delivered hawkish comments on inflation prior to the meeting, the statement merely echoed the recent party line. Economic reports such as durable goods and PCE came in at levels that supported the Fed's characterization of economy activity as "expanding". Nevertheless, the combination of further downgrades of financial stocks, rising oil prices and tech bellwethers offering downbeat guidance conspired to keep stocks on a downward path.
As can be expected, this is making it difficult to find good stock alerts on the BUY side and is putting pressure on previous BUY signals. Again this week, the SELL signals based on daily data greatly outnumber the BUY signals: 44 SELL signals and 9 BUY signals.
As I am traveling this weekend, I will not have time to generate the list of stock alerts based on weekly data.
The markets tumbled again this week, with the S&P 500 down 3.0% after falling about 3.1% the previous week. At this point the Dow, the NASDAQ and the S&P 500 all have double digit losses year to date.
The Fed met this week and kept rates unchanged. Having delivered hawkish comments on inflation prior to the meeting, the statement merely echoed the recent party line. Economic reports such as durable goods and PCE came in at levels that supported the Fed's characterization of economy activity as "expanding". Nevertheless, the combination of further downgrades of financial stocks, rising oil prices and tech bellwethers offering downbeat guidance conspired to keep stocks on a downward path.
As can be expected, this is making it difficult to find good stock alerts on the BUY side and is putting pressure on previous BUY signals. Again this week, the SELL signals based on daily data greatly outnumber the BUY signals: 44 SELL signals and 9 BUY signals.
As I am traveling this weekend, I will not have time to generate the list of stock alerts based on weekly data.
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Today that is 20-June-08 Inflation data has broken the records of past 13 years. Today declared Inflation was 11.05% which is too high. From last one month market is in no trade zone. Everyone is feeling pain from market response.
Just watch
The Sensex has lost more than 27% since its January peak, and trading volumes are down 46%.
Investors has lost there 70% of portfolio .
But still we say there are many undervalued stocks which can be used for investment.
To name few
1. DIGJAM
2. SBI
Most of the stocks are trading near to there 52 weeks lows. There are many fundamentally strong scripts too that are trading at lower levels. One can buy and hold them.
Nifty is expected to correct bit more and after that we can say market will be bullish. As this correction was overdue reason being if we observe in past months speculated stocks whose fundamentals are zero has also shown tremendous upward rallies in the market and now again they are trading at there real values. But still investors are trapped in them and no one is sure those scripts will ever reach those highs or not.
Stock market is a ocean where there are many pearls ( here scripts) so one need to select the best one. We strongly recommend if you are not intraday trader but investor then do go through company fundamentals and then invest.
For any query feel free to contact us.
Regards
SHARETIPSINFO TEAM
+91 9891655316
+91 9899056796
+91 9891890425
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