READ BETWEEN THE LINES, US DEBT
DRAMA WILL LAST UPTO NEXT WEEK
When investors woke this morning they are worried about the market. But it always pays to read between the lines. This US crises is long overdue and last till next week. No need to worry this crises will also end in a tamed manner. So use this opportunity to get rid of junk stocks of your portfolio and accumulate hidden gems of midcap space available plenty in discount sale.
Well a very old proverb somebody‘s loss is somebody’s gain. If US defaults which is next to impossible, rating agencies downgrade US and smart money will fly from US to high growth emerging markets specially India. This will also cool down commodities which is the greatest boon for INDIA in the current scenario.If US politicians rise to the occasion to control the damage which will help dollar and lift world markets. So India is gainer in both side of the coin.
In this era of globalization our markets are linked to the world markets directly. Any mishap in any corner of the globe will bound to affect our markets. Market today will open a gap down and will remain in a state of panic in the 1st half. Such panic days are integral part of a vibrant market. Make your habit to live with it. The expiry today will provide added volatility to the market.
The best possible strategy is to stay away and take your family to some cool hideout, revitalize your energy to return back tomorrow. The adventurous investors should use this opportunity to buy selected stocks in midcap space today available in discount sale, keep your stop-loss handy and do not trade in future.
No comments:
Post a Comment