Year 2008!:

Year 2008:

The year saw a historic collapse in the financial sector, which swept through the entire market. The most hit worst recession in the history of Global economy. Indian, Asian, European and US market witnessed all-time low record. The speed of wrecking up of the market was more faster than picking up. Recession, jobless, Bankruptcy were the major headlines of this year.

 Falling of the market started with Lehman Brothers declaration of bankruptcy. And then JPMC, Citigroup and on…..

Stock Market Review : click here 

 

Major financial firm crisis (Week of September 14, 2008)

 

On Sunday, September 14, it was announced that Lehman Brothers would file for bankruptcy after the Federal Reserve Bank declined to participate in creating a financial support facility for Lehman Brothers. The significance of the Lehman Brothers bankruptcy is disputed with some assigning it a pivotal role in the unfolding of subsequent events. The principals involved, Ben Bernanke and Henry Paulson, dispute this view, citing a volume of toxic assets at Lehman which made a rescue impossible. Immediately following the bankruptcy, J.P. Morgan provided the broker dealer unit of Lehman Brothers with $138 billion to “settle securities transactions with customers of Lehman and its clearance parties” according to a statement made in a New York City Bankruptcy court filing.

The same day, the sale of Merrill Lynch to Bank of America was announced. The beginning of the week was marked by extreme instability in global stock markets, with dramatic drops in market values on Monday, September 15, and Wednesday, September 17. On September 16, the large insurer American International Group (AIG), a significant participant in the credit default swaps markets suffered a liquidity crisis following the downgrade of its credit rating. The Federal Reserve, at s AIG’s request, and after AIG has shown that it could not find lenders willing to save it from insolvency, created a credit facility for up to US$85 billion in exchange for an 79.9% equity interest, and the right to suspend dividends to previously issued common and preferred stock.

 

For more information, click Wikipedia. All information are gathered from this site.

Market Analysis -31/12/08

Archana’s Analysis:  The last day of the historic year 2008, hopefully will give some good news as it ends. The year will be remembered as worst hit in global economy. Well yesterday Dow and Nasdaq closed in green. Our market also picked up later half and closed in green and trading in positive terrain. Market breadth is positive and will see opening in green. Global cues are coming positive which is giving good sign to end in green at the end of this year. Book profits at every high go!

Hoping new year will be great for glaobal economy. Wish you a very happy New Year-2009!

Market Closing (30^th Dec):

Sensex:   9716.16        +1.92%                                  

Nifty:       2979.50           +1.92%

 

Predictions for todays trading:

Market Opening (31^st Dec):                   

Sensex:   9790                                    

Nifty:       2988

Market Closing (31^st Dec):                    

Sensex:  9900-10000                                      

Nifty:       3080

 

Today’s Stock Watch: Oil and gas, Finance, IT and Small cap and Midcap.

Market Analysis – 30/12/08

Archana’s Analysis:  Today, market will see flat opening. There will be pull back rally, with Nifty having support at 2890-2980 and Sensex at 9580-9700. Yesterday Dow and Nasdaq closed in red. The market breadth is positive with more tading in IT, Financial and Oil Gas sector.

Market Closing (26^th Dec):

Sensex:   953352         +2.19%                                  

Nifty:       2922.20          -2.22%

 

Predictions for todays trading:

Market Opening (29^th Dec):                   

Sensex:   9520                                    

Nifty:       2895

Market Closing (29^th Dec):                    

Sensex:  9650                                     

Nifty:       2960

 

Today’s Stock Watch: Oil and gas, Finance, IT and SmallCap.

Market Analysis – 29/12/08

Archana’s Analysis:  Well, hopes are still alive. US market closed in green, Asian market were in red and European market traded in mixed. Coming back to Indian market, as usual closed in red almost 239.80pts(Sensex) down. Still bull rally is not over. Today hopefully market will see gap up opening and will sustain in green. Year is going to pass with good market sign.

IT stocks, Reality and Banking and Finanace are stock to watch.

Market Closing (26^th Dec):

Sensex:   9328.92        -1.22%                                   

Nifty:       2857.25          -1.78%

 

Predictions for todays trading:

Market Opening (29^th Dec):                   

Sensex:   9500                                    

Nifty:       2890

Market Closing (29^th Dec):                    

Sensex:  9650                                     

Nifty:       2920

 

Today’s Stock Watch: Oil and gas, Reality, IT and SmallCap.

Timeless and Time-Tested Warren Buffett Watch Predictions

As a new year approaches, it is customary for journalists to make predictions about the future.  This time around, CNBC.com has a collection of prognostications from CNBC bloggers on a special page: Predictions ‘09.

Last year around this time, Warren Buffett Watch offered its Eight Predictions for ‘08 .. and Beyond. 

In keeping with Buffett’s long-term way of looking at things, the eight predictions were intentionally on the ‘timeless’ side of the predicting spectrum.

Here they are again, with a little bit of editing.  This could be the start of a new holiday tradition!

For more information, click CNBC. All information is gathered from this site.

Archana’s Analysis: The Guru of the Stock market. His predictions were almost true. If we look at our current economic conditions, every thing is happening just as he said. People just neglect to learn from the history and then they face recession.  

Recessions’ are not bad, in fact its good time to buy stocks and make money. Only thing is that you should know how to make money. “Somebody’s dreadful decision in the past, is money for somebody else”. Veteran people are extremely confident about their decisions and exactly there they go wrong, in fact they worsen the situation.

Market Analysis – 26/12/08

Archana’s Analysis:  Santa has got few hidden stocks as a Christmas gift. Today market may open flat withsenses traing at in the range between 9500-9850 and Nifty at 2900-3000pts. Hopefully Nifty may see 3K mark. Well, good festive mood and few other good reasons (like Oil rates fallingl, Cutting of Interest rates, etc) will see good day for the market.

IT stocks, Reality and Banking and Finanace are stock to watch. Market will see ups and down but still it will try to sustain in positive terrain.

Market Closing (24^th Dec):

Sensex:   9568.72        -1.22%                                   

Nifty:       2916.85          -1.78%

 

Predictions for todays trading:

Market Opening (26^th Dec):                   

Sensex:   9500                                    

Nifty:       2910

Market Closing (26^th Dec):                    

Sensex:  9650                                     

Nifty:       2950

 

Today’s Stock Watch: Oil and gas,IT and SmallCap.

Market Analysis – 24/12/08

Archana’s Analysis:  Negative vibes are striking again the global market. Dow shut closed at 8419.49 down 100.21pts and Nasdaq at 1521.54 down 10.81pts. Even though of oil prices falling down to almost $39.05/barrel, market couldn’t survive on that too. Down trend is going on again and we will see more bottom lines in near future. The US economy shrank at 0.5% in third quarter as expected. Late night, World Bank declared ban on Satyam for 8yrs for its fraudulent cases, will drag Indian market down. Still we could see mixed trading as Wipro is buying Citi group  IT Arm.

Our market too faced selling pressure and shut closed at 9686.75 down -2.43%. “Today market will sees gap down opening with almost 350pts down and trade 9200-9600. But initially there will be pullback rally and will try to sustain in green color.” Sentiments of the market looks very weak and will trade in red.

Market Closing (23^hd Dec):

Sensex:   9686.75        -2.43%                                   

Nifty:       2968.65          -2.38%

 

Predictions for todays trading:

Market Opening (24^th Dec):                   

Sensex:   9300                                    

Nifty:       2860

Market Closing (24^th Dec):                    

Sensex:  9650                                     

Nifty:       2830

 

Today’s Stock Watch: Oil and gas,IT and SmallCap.

Market Analysis – 23/12/08

Archana’s Analysis:  The market is trading close to the day’s lows and will try to sustain at 9860. Market is become more volatile and unstable. Expect bull rally at every short. Sensex is at 9,763, down 164 points from the previous close. Nifty is at 2993, down 45 points. BSE Midcap index is also down 1.2% and BSE Smallcap index, down 1.3%. Us market saw some selling pressure and Dow closed at -0.69% and Nasdaq at -2.04%. Capital goods, realty, consumer durables and auto stocks are seeing significant selling pressure.

Market will trade in red today and will try to recover through out the day. Auto and reality industries will selling pressure.

Predictions for todays trading:

Market Opening (18^th Dec):                   

Sensex:  9750                                     

Nifty:       3010

Market Closing (18^th Dec):                    

Sensex:  9850                                     

Nifty:       3100

 

Today’s Stock Watch: Auto industries, Banking and Finance sector, MidCap and SmallCap and Reality.

Market Analysis – 22/12/08

Archana’s Analysis: Pullback rally will continue with trading in 10000-10200 mark. The market will continue to gain, led by reality, IT stocks as well as Banking sector. Rupee is also appreciated.European and Asian market closed mixed.  Dow closed -0.25% down and NASDAQ  to +0.77% up. The market breadth looks positive, globally.

Market will open flat with gain in later stages. Intraday traders will play in every short. Market will trade in positive terrain.  

See the figures for market closing:

Market Closing (19^th Dec):

Sensex:   10099.91      +0.23%                                  

Nifty:       3,077.50          +0.54%

 

Predictions for todays trading:

Market Opening (22^nd  Dec):                   

Sensex:  10050                                                           

Nifty:       3050

Market Closing (22^nd Dec):                    

Sensex:  10150                                                           

Nifty:       3100

 

Today’s Stock Watch: Banking and Finance sector, MidCap and SmallCap and Reality.

US Market – 22/12/08

US Market: Stocks chugged higher in the past week, with the broader indexes edging out slight gains. The S&P 500 was up 0.89 percent at 887.60, and the Nasdaq gained 1.5 percent to 1564. But the Dow lost 50 points, or 0.6 percent to end at 8579. The Bush Administration’s announcement that it would provide loans to General Motors and Chrysler eased investor concerns about a snowballing bankruptcy in the auto industry.

Citigroup U.S. equities strategist Tobias Levkovich said as 2008 exits, investors are not making major investment decisions but early in the year there could be some money flowing into stocks because of the changes in Washington. “I suspect with the Obama inauguration there’s going to be some excitement going into it,” he said

For more information, click CNBC. All information are gathered from this site.

Archana’s Analysis: Today traders may see mixed trading in Dow and Nasdaq. There will be little stability and more of volatility but expect mixed trading today. There will be pull back rally with little ups and downs. Market breadth seems to be more inclined positively. Hope for best trading today!