Wednesday 29 April 2015
Monday 27 April 2015
Saturday 25 April 2015
NASDAQ Definition
Nasdaq officially separated from the NASD and began to
operate as a national securities exchange in 2006. In 2007, it combined with
the Scandinavian exchange group OMX to become the Nasdaq OMX group, which is
the largest exchange company globally, powering 1 in 10 of the world’s
securities transactions. Headquartered in New York, Nasdaq OMX operates 26
markets – primarily equities, and also including options, fixed income,
derivatives and commodities – as well as three clearinghouses and five central
securities depositories in the U.S. and Europe. Its cutting-edge trading
technology is used by 70 exchanges in 50 countries. It is listed on the Nasdaq
under the symbol NDAQ and has been part of the S&P 500 since 2008.
The Nasdaq computerized trading system was initially devised
as an alternative to the inefficient “specialist” system, which had been the
prevalent model for almost a century. The rapid evolution of technology has
made the Nasdaq’s electronic trading model the standard for markets worldwide.
As a leader in trading technology from the outset, it was
only fitting that the world’s technology giants chose to list on the Nasdaq in
their early days. As the technology sector grew in prominence in the 1980s and
1990s, the Nasdaq became the most widely followed proxy for this sector. The
technology and dot-com boom and bust of the late 1990s is exemplified by the
rise and fall of the Nasdaq Composite during this period. The index crossed the
1,000 mark for the first time in July 1995, soared in the following years and
peaked at over 4,500 in March 2000, before slumping almost 80% by October 2002
in the subsequent correction.
Monday 20 April 2015
Saturday 18 April 2015
Online Forex Trading Secrets
I am here to share some
knowledge, tips, strategies and insights of how to successfully buy, sell,
trade and invest in online Forex trading. FOREX or Foreign Exchange is the
largest as well as the most liquid trading market in the world and there are
many people involved in FOREX trading all over the world. A lot of people claim
that the FOREX is the best home business that could be pursued by any person.
With each day, more and more are turning to FOREX traders, via electronic means
of computer and internet connectivity.
This means that foreign exchange
is not delivered to a person who actually buys like stock trading, FOREX
trading also has day traders that purchase and sell foreign exchange same day.
Thus, FOREX is not a get-rich-quick scheme as many people thought which
complicates the real concept of online Forex trading.
Unlike stocks and futures that
trade through exchanges, Forex trading is done through market makers that
include major banks as well as small to large brokerage firms located around
the world who collectively make a market on 24 hours - 5 days basis. The Forex
market is always "open" and is the largest financial network in the
world (daily average turnover of trillions of dollars).
Forex trading involves trading
currency pairs such as the EUR/USD pair (Eurodollar/US dollar pair) where a
buyer of this pair would actually be buying the Eurodollar and simultaneously
selling short the US dollar.
Here's the deal: Just like any
other market, most "traders" are losing when trading Forex. And the
reasons for their failure are mainly because some lack good trading methods,
sound money and risk management principles and indiscipline trading attitude.
In most cases, it could be wrong mindset and motive towards the market. Some
don't even understand the trend of the market, of which the trend plays a vital
role in the life of any trader, as it is simply says that "the trend is
your friend".
Moreover, many have been mislead
by dishonest individuals or questionable brokers promising outwardly overnight
riches and hidden policies.
Forex is still a little like the
"wild west", so there's naturally a lot of confusion and
misinformation out there but I'm here to cover many tactics and strategies used
by successful Forex traders all over the world. Unfortunately, only few Forex
traders are actually aware of this information.
Forex trading is all about
regulation, willpower and determination. Leveraging your strength could be
extravagant by organizing the appropriate Forex trading strategy. You may find
hundreds and thousands of Forex trading strategies out there. All Forex trading
strategies use a variety of indicators and combinations. These indicators and
studies are just calculating support and resistance and trend in the Forex trading
market.
What you are about to read is
more valuable to you than what you will find in many trading courses or
seminars that you'd have to pay for. Anyway, I don't believe in sugarcoating
anything or giving you false hopes of success. There are enough swindlers doing
that already. I want to give you the facts, like 'em or not, so you're
empowered to take action and make positive decisions on how to succeed in the
Forex markets.
There's nothing magical about the
Forex markets, because all markets are ultimately driven by human psychology -
fear and greed - and supply and demand. Sure, every market has its own
peculiarities, but if you understand how the basic drivers of human emotions
work, you can potentially succeed big in Forex market, because the market
controls 95% of live trader's emotions. Some traders think it's a "get
rich quick" trading the popular Forex markets.
There are many advantages of
Forex trading over other types of financial instrument trading like bonds,
stocks, commodities etc. But it does not mean that there are no risks involved
in the Forex trading. Of course there are risks associated with Forex trading.
Therefore, someone needs to understand all the terms related to Foreign
Exchange carefully. There are many online sources as well as offline sources
that provide hints on trading of Forex. These hints are basically the SECRETS.
As I said above, the foreign
exchange trading is considered as one of the most profitable and attractive
opportunities for investment as any person can easily do at home or office and
from any part of the world. For succeeding the Forex trading, a person is not
required to do any online promotion, marketing etc. The only requirement in the
Forex trading is the account that a person is required to open with reliable
and registered brokers, a computer system and fast internet connection.
Now, you have to be careful when
opening a Forex account with any broker because some could be SCAM. The
Commodity Futures Trading Commission (CFTC) in US has jurisdiction over all
Futures and Forex activity. When trading in the foreign exchange markets,
individuals should only trade with a CFTC registered entity that is also a
member of the National Futures Association (NFA) and is regulated by the CFTC.
For non-US broker/ bank entities, be sure that the broker or bank is registered
with that country's appropriate regulatory bodies.
The Forex account could be opened
with any amount between $300 (mini) and $2000 (standard). After opening the
account, a person is required to learn how the Forex market works, demo trade
and after a while go live trading. Moreover, there are some secrets that have
to be followed.
A person can also apply all the
secrets when demo trading and can see if the secrets really work. It could be
said without any doubt that if someone can apply all the secrets in right way,
he/she can easily gain good money by way of Forex trading.
All successful traders have Forex
trading strategies that they follow to make profitable trades. These Forex
trading strategies are generally based on a strategy that allows them to find
good trades. And the strategy is based on some form of market analysis.
Successful traders need some ways to interpret and even predict the movements
of the market.
There are two basic approaches to
analyzing the movements of the Forex market. These are Technical Analysis and
Fundamental Analysis. However, technical analysis is much more likely to be
used by traders. Still, it's good to have an understanding of both types of
analysis, so that you can decide which type would work best for your Forex
trading strategies.
There has been misconception
about the Forex market because there are different types of traders and advert
out there full of exaggerations that makes the business unreal to so many people
and that is why I am here to show you the SECRETS in Forex Trading.
What is traded on the Forex
market? The answer is money. Forex trading is where the currency of one nation
is traded for that of another. Therefore, Forex trading is always traded in pairs
and the most commonly traded currency pairs are traded against the US Dollar
(USD). They are called 'the Majors'. The major currency pairs are the Euro
Dollar (EUR/USD); the British Pound (GBP/USD); the Japanese Yen (USD/JPY); and
the Swiss Franc (USD/CHF). The notable 'commodity' currency pairs that traded
are the Canadian Dollar (USD/CAD) and the Australian Dollar AUD/USD. Because
there is no central exchange for the Forex market, these pairs and their
crosses are traded over the telephone and online through a global network of
banks, multinational corporations, importers and exporters, brokers and
currency traders. But if you really want to make it big in the Forex market, I
will strongly advise that as a "beginner" in the business. Kindly get
acquainted with one or two major currency pairs. Study them very well and make
sure you understand their volatility period.
And to further simplify Forex
trading, you could easily limit your trading to the two most liquid and widely
traded pairs, the EUR/USD and the GBP/USD. This really starts to reduce demands
on your time for trading activities without giving up good profit potential.
Friday 17 April 2015
Don’t give up on gold, time to stay put
Several investors who have put their faith in gold funds are
now a disappointed lot as it has been a long time since there has been much to
show on the returns front for these funds. This highlights the nature of the
fund and it also shows that investors need to have a certain mindset in place
as they evaluate these kinds of options. This is significant from the point of
view of making the right decision and hence here are a few things that need to
be highlighted as the investors ponder the options in front of them.
Long cycle
Unlike equity or debt oriented funds when it comes to
commodity linked funds the investors should be ready for a longer cycle. There
could be times of quick rallies and corrections in equity markets but often the
trend can be boring when it comes to commodities like gold. There is usually a
long period of time for which a bull rally would continue and then the
situation could reverse as quickly and then the pain could also continue for
quite some time. The cycles on the downside could be as long and this could be
several years and hence the investor would have to be ready for this kind of
position. Often investors get edgy when nothing seems to happen for quite some
period of time but patience is something that would be a very valuable tool for
these investments
Continuous investments
The challenge before the investor in such a situation is to
ensure that there are continuous investments that are taking place during the
downturn. This provides a very good opportunity for the investor to ensure that
they are able to accumulate the units of the fund when the prices are low. This
also has an added danger for the investor because they could here too invest
for some period of time and then lose patience saying that nothing seems to be
changing and give up investing. However this would actually represent a lost
chance in terms of getting a good price for the unit as they would be available
quite cheap when the value is low. An extended time period when this happens
should be used effectively and for the long term investor this could be a good
opportunity to ensure that they have adequate exposure in the area.
Goal in mind
It is essential that
the investor should have a goal in mind when they are making an investment in
such commodity funds like gold funds. If this is not there and there is just a
vague notion of making some gains then it would be very difficult to ride out
the tough times that they would end up facing. However if there is a clear goal
that is present which is also long term in nature and this is clearly
articulated then there would not be a problem as it could be clearly possible
for the investor to demarcate the amounts for a specific purpose and that they
are being accumulated for this specific reason.
Overall
the overall
understanding for the investor should be that they have to think with a clear
mind and not get too worried about what is happening right now. The manner in
which returns are made in this area is that there could be long time periods
when nothing happens and then there would be a sudden jump in the value which
would mean a sharp appreciation. This is the reason why the investor needs to
remain invested and keeping putting in money when the going is not good so that
they are able to reap the true benefits when things actually start improving.
All this should however match with their needs and requirements.
Sunday 12 April 2015
Wednesday 8 April 2015
Sensex Turns Choppy After Strong Start on Moody's Upgrade
Indian stock markets ran out of steam after a positive start
on Thursday amid profit taking and selloff in pharma stocks. The BSE Sensex,
which had jumped over 160 points in early trade following Moody's Investors
Service's surprise upgrade of India's credit outlook, slipped over 80 points,
while the 50-share Nifty traded below 8,700.
K Subramanyam of Altamount Capital expected investors to
take some profits off the table after four straight days of rally in domestic
equities. The Nifty had surged over 200 points in the last four days.
Earlier, the blue chip index had risen above the key 8,750
levels following Moody's Investors Service's surprise upgrade of India's credit
outlook from "stable" to "positive".
Analysts said the upgrade in outlook is a positive surprise;
it will raise investors' confidence in the Indian economy. Moody's upgrade will
also likely increase the momentum of foreign flows in the country. Inflows from
overseas investors in domestic debt and equity markets hit a record high of
over Rs 2.73 lakh crore in 2014-15 helping the Sensex clock its best gain since
2009-10.
"In terms of mood and sentiment, for debt and equity
markets, it's very positive... This will help international flows into
India," said SV Prasad of Chime Consulting.
The upgrade in outlook, however, will not have any bearing
on India's rating, which stays at Baa3, the lowest investment grade. S&P
and Fitch, the other major rating firms, also rate Indian credit at the lowest
investment grade, but they have a 'stable' outlook. Analysts expect other
rating firms to follow suit with an outlook upgrade in the coming months.
As of 09.55 a.m., the Sensex traded 76 points lower at
28,632 and the Nifty traded 30 points down at 8,685.
Index Trends and Stocks in Action April 08, 2015
Indian benchmark exhibited high amount of volatility due to
RBI policy outcome. However bulls manage to keep the momentum and closed
unchanged. The broader market had a stellar run with Midcap and Small cap
stocks outshining the benchmark indices. Major event like RBI policy meet had
not much impact on market on closing basis, so going forward we expect market
to consolidate in range of 8540-8710 as market will wait for fresh cues which
may come in from quarterly results. For day trading resistance for the bulls is
around levels of 8710, if bulls manage to sustain above this level expect it to
surge up to levels of 8780. On downside first major support is around 8610 and
next around 8540.
The State Bank of India (SBI), country’s largest commercial
bank has cut its base rate by 15 basis points to 9.85% from 10 % which is
effective from 10th April, 2015.
Pharmaceutical major Glenmark and Aurobindo’s foreign
proposals worth Rs 4,187 crore were approved by the government. Glenmark
Pharmaceuticals had sought to raise the cap of foreign institutional investor
holding to 49% from present 35.07%. The move would facilitate the drug firm’s
bringing in Rs 2,022 crore of foreign funding into the country. On other hand
Aurobindo Pharma proposed to bring in Rs 2,165 crore worth foreign investments
by Qualified Institutional Buyers.
Drug major Dr Reddy’s Laboratories said it has filed three
new drug applications (NDAs), aimed to be used in the treatment of psoriasis,
rosacea, migraine, with the US health regulator.
Monday 6 April 2015
Sensex, Nifty open higher ahead of RBI policy; HDFC leads
Nilesh Shah, Managing Director, Kotak Mahindra Asset
Management is bullish on corporate earnings growth for FY17, and sees a 20
percent increase as the full impact of the recovery in the economy and the the
uptick in capex cycle kicks in.
He expects fourth
quarter earnings (FY15) to be as disappointing as the preceding quarter's
performance. He sees trouble for even defensive sectors as FMCG companies will
be hit by the demand slowdown in rural areas and IT companies' margins will be
impacted by cross currency volatility because of the strength in the dollar.
The market gained further in early trade ahead of RBI
policy. The Sensex rose 81.51 points to 28585.97 and the Nifty advanced 16.70
points to 8676.60. About 594 shares have advanced, 135 shares declined, and 88
shares are unchanged on the BSE.
Sun Pharma, Reliance Industries, HDFC, Tata Power, ONGC,
Cipla, Cairn India, NMDC and Tech Mahindra gained 0.6-1 percent while BHEL, Dr Reddy's
Labs, HDFC Bank, BPCL, Power Grid Corp, GAIL and Idea Cellular declined.
The Indian rupee opened marginally lower at 62.22 per dollar
on Tuesday versus 62.18 Monday.
Ashutosh Raina of HDFC Bank said, "Reserve Bank of
India (RBI) is widely expected to keep policy rates on hold in its credit
policy today. A small cut though cannot be ruled out."
He further added, "The rupee continues to trade in
61-62/dollar range, with strong intervention capping any gains. This trend is
expected to continue."
The dollar firmed in trade having recovered almost all of
its losses as the euro came under renewed pressure.
Subscribe to:
Posts (Atom)