Dear Friends,yesterday,the August series ended and what a volatile series it was.We moved in a band of 4350-4600 but it was really volatile. As for September series,i believe that one who gets right the DOW is more likely to be right.Since Dow has crossed its major resistance of 9500,it should move at least 3-4%more on short covering to 9800-9900 and that should be enough for … [Read more...]
Week starting from 31st August
What a setting for new week to start with nifty closing at record high for 2009 at 4732.Just contrast this to gloom prevailing in previous week when nifty was hanging on to last support of 4350.All this points to short covering being the main trigger for market rise and not any major fundamental change. As i see it,most good news regarding fundamentals is priced in nifty … [Read more...]
Articles Of Incorporation Explained
The Articles of Incorporation (sometimes also referred to as the Certificate of Incorporation or the Corporate Charter) are the primary rules governing the management of a corporation in the United States and Canada, and are filed with a state or other regulatory agency.A set of documents filed with a government body for the purpose of legally documenting the creation of a … [Read more...]
What is a Quant Fund?
An investment fund that selects securities based on quantitative analysis. In a quant fund, the managers build computer-based models to determine whether an investment is attractive. In a pure "quant shop" the final decision to buy or sell is made by the model; however, there is a middle ground where the fund manager will use human judgment in addition to a quantitative … [Read more...]
Mechanical Stock Investing
Mechanical Investing Buying and selling stocks according to a screen based on predetermined criteria, usually with the help of technical indicators such as relative strength or momentum. This method allows traders to enter transactions without emotion and backtest their strategies by using historical data from any time period. For example, one of the most common … [Read more...]