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Promodradhakrishnan |
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Wikinvesting since
Mar 2008
wikinvest Sr. Associate
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| earned | |
| Sr. Associate | rating |
| making 13 | edits |
| to 5 | articles |
| last edit 1510 | days ago |
Since hitting their highs in March-April, the retail sector has taken a strong beating over the past several months. A significant correction was bound to happen since the uptick in the first 3 quarters in stocks in this sector was way too steep to be sustainable! However, by any stretch of logic, the current valuation levels are too low, unless you are a... read more
Ever since Q1 '10 calm was broken by the Greek crisis, markets have struggled to remain steady. VIX, VSTOXX and other volatility indices around the world are near 52-week highs and there is a very heavy sense of uncertainty across markets globally. The DJIA has already fallen close to 9% from the 10,500 levels in early January to 9600 levels as of today.... read more
After a couple of weeks where every one was more focused on the VIX and the VSTOXX than any thing else, it is interesting to sit back and try predict where the markets are going to move for the rest of the year. We can be sure about a few things - the European debt crisis is far from over, property (and hence stock) price correction in China still has quite... read more
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