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ankush |
| Wall street rally comes to a halt |
| 2009.05.11 20:33:19 | |
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Stocks fall today as the investors step back from the two months rally. Specially the banking sector surged manyfold in last few weeks. All major banks recovered from it's low in March. Bank of America touched as low as $3 in March and it tested high $15 last week. Stocks have been rallying since hitting multi-year lows in early March. The Dow and S&P 500 have risen for eight of the past nine weeks; the Nasdaq has risen for 9 in a row. In that time the Dow gained 31% and the S&P 500 and Nasdaq gained 37% After such a big run, it is expected that the market going to be in a consolidation phase for the next couple of months. In my opinion it's better be out of banking sector in short term. All the good news are already priced in and it would be hard to find more good news in near term. Last week, the government revealed that 10 of the 19 banks that had been part of the stress tests would need to raise a capital. Bank of America, Wells Fargo and Morgan Stanley, 3 of the 10 banks needing capital. Some banks already started the process for acquiring capital and others expressed their confidence on the capital raise plan. Tags: bank | capital requirement | CD | Loan Hits: 342 | Read more... |
| Benefits of Yoga - Celebrity choice |
| 2009.04.11 10:55:02 | |
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Yoga has always been popular in India since ancient days. Chanting, meditation, contorted poses called the lotus and the frog are some of them. But when the latest yoga craze spread to Britain and US in recent years, it is no more an ancient art. Yoga is not limited to exercise only, it's also considered as fashion. So yoga related clothes etc are getting the popularity too. Madonna, Jennifer López are amonst the Hollywood celebrities making this art popular in the west. Bollywood hot celebrity Shilpa Shetty gives another dimension to this ancient art. Check the shilpa's blog http://www.shilpa-shetty-yoga.blogspot.com. But whatever may be the means, the benefits are always there. Yoga is aimed to unite the mind, the body, and the spirit. Yogis view that the mind and the body are one, and that if it is given the right yoga kit and tools and taken to the right environment, it can find harmony and heal itself. Yoga therefore is considered therapeutic. It helps you become more aware of your body's posture, alignment and patterns of movement. It makes the body more flexible and helps you relax even in the midst of a stress stricken environment. This is one of the foremost reasons why people want to start Practicing Yoga - to feel fitter, be more energetic, be happier and peaceful.Yoga is a science that has been practiced for thousands of years. It is consists of Ancient Theories, observations and Tags: yoga asomiya shilpa shetty madonna Hits: 359 | Read more... |
| Bomb blast in Assam..when will it end? |
| 2009.04.06 20:36:03 | |
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Lots of questions coming to my mind and really getting disturbed. Who are the people behind the blast? What do they want? What will they achieve killing the innocent people? These days bomb blast in Assam is as usual as reading newspaper in the morning. People got used it to, if not then what? Is there any solution? If things are going to be this way, what can we plan for our future generation? We can't even promise them a peaceful environment to grow. This seems to be a burning problem and will be more severe in coming days. I am surprised when I saw the news that Chief Minister of Assam acknowledging that there was lapse in intelligence as well as security. This is the same statement I read last time too. He is just simply playing a voice recorder, is that enough? Is Government responsibility only just releasing a public statement after the accident? Is the security system paralyzed and they can't do anything about it? Hope some day we will get the answers, and hopefully soon. Otherwise, none of us has the rights to welcome our future. Tags:
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| SIP is the way go.. |
| 2009.03.27 21:06:50 | |
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Systematic Investment Plan (SIP) is the way to go for the current market scenario. Current market is too much volatile, and still looking for a direction. In short term it's going to be like that. For small investor, whether you inverst in mutual fund or stocks, better be planned for each month. That way you will not miss the oprtunity if there is a rally. At the same time you will not get affected much even if there will be dip for another 15-20%. At the same time you will get tax benefits for the long term gain. Gold is already at it's pick. SO better not to enter at this range. Definitely there will be a down turn for GOLD when stock market will show some confidence of recovery. Tags: Hits: 269 | Read more... |
| Worst is not yet over for Banking sector in US |
| 2009.03.06 23:05:39 | |
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Recent cnn headline quotes "Washington preps for big bank failure". What does it mean?? As we all know recently Treasury conducted a stress testing for the banks in US. Now Washington allowing FDIC to take loan as much as 500 billion dollars as per the news published in CNN. Looks like the two events has some relation. Probably they are sending a signal about the health of some major banks. In near future we might see some major bank failure in US. When it comes to major banks, Citi bank is most obvious one and then Bank of America. Citi bank is already on the edge Tags: Hits: 228 | Read more... |
| Recession |
| 2009.02.25 20:57:10 | |
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The economic out look still gloomy. Looks like the worst is yet come. Federal reserve chairman Mr Bernanke stated in his testimony before the senate banking committee today that the recovery will take more than a year. “If actions taken by the administration, the Congress and the Federal Reserve are successful in restoring some measure of financial stability — and only if that is the case, in my view — there is a reasonable prospect that the current recession will end in 2009 and that 2010 will be a year of recovery,” Mr. Bernanke said. Now everyone is eying on the stimulus plan and the TARP plan. If these measures will not show any positive results in short term, what would happen next? What would be the impact in developing economy like India? What about our job future? Tags: Hits: 344 | Read more... |
