Dow Jones Moves Up In Flourish - Is It Time To Buy?

With US markets going great guns in today's trade, one can clearly assumes that markets have liked the dovish tone of Janet Yellen. I thought that yesterday's euphoria was due to Fed's indication of two rate hikes in 2016 instead of earlier Fed view of four hikes. Today's trade clearly indicates that it is more than just one day's celebrations. There is substance in this bull run.

So the question arises whether one should enter trade or not. My answer is simple. Buy every dip. Moment you see Dow easing by 100 points, buy your selected stocks. This buying should be continue right up to 17100 in Dow Jones.

In other words you start your buying as and when you see a drop of 100 points in Dow and keep up this buying spree till level of 17100 in Dow.

I am recommending this because Dow is likely to touch 17800 with minor corrections. Trade patiently, trade safe !!!

Fed Rate Hike Decision Today - Will You Buy or Sell?

At the end of FOMC Meet today, decision on Fed rate will be out. But what will you like to do in the market? Will you sit on the sidelines or jump into fray. I have some suggestions, so read on

After the Fed decision, if  US markets decide to plunge, you be ready to jump in with your buy orders. If you find that Dow Jones has dropped to 17000, then you must buy. From 17000 you can expect Dow Jones to again recover to its recent high in couple of trading sessions.

But if the markets race up after Fed rate decision is announced, stay away from trading. Do not chase prices. It can be fatal!

So be ready for the Fed decision and do as I have recommended.

Dow Jones is Pausing - Fed Rate Hike in Focus

Like I said yesterday, Dow Jones needs to take pause from its Bull run. You may check it here. And today Dow is likely to do just the same. There may be many reasons, like oil slipping due to unlikely production freeze, Fed likely to raise rates or even Bank of Japan maintaining status quo in rates. Whatever reason you may like to ascribe, it is certainly not the time to take definite trading decision to enter trade in US markets.

Now let me be candid about what you may expect from US markets in this week. You can expect wild intraday swings with false break-outs on both sides. This is definitely not what you would like to happen to your new trades, unless you can be very nimble footed in intraday trades.

That is why I would suggest that no new trades should be initiated in US markets now. I will give a  clear indication to enter into trade again, like I did in this post. Hence it is important that you keep watching this space to initiate trade again in US markets, so as to enjoy clear hassle-free profit

What will Dow Jones do Next- Remember Trend Up Needs to Pause

Dow Jones has to take a breather. And why not? It has just run up 700 points almost at a trot. It did this swift bull run in flat 15 days. But if you count the trading days, it is only 12 days. That is when I gave the call to buy on 25 Feb 2016. Check it out here.

However if you see the total bull run of about 1200 points in Dow, it took just 20 trading days. That of course I could not spot. When I did spot the continuation, Dow Jones had already run up 500 points.

Now I am advising that one should stay away from trading in US markets. Let the dust settle down. Dow may go up a little but there is no certainty. There are plenty of dangers lurking there. So the sane thing would be to wait out this uncertainty.

Be certain though that when there is clear chance of making money in US markets again, I shall give the call right here. So keep watching this space.

Dow Jones Achieves Target- Profitable Recommendation for 700 Points

My last post on 25 Feb 2016 was an exhortation to trade the US Market. I had suggested that there will be an upward movement of 700 points in Dow Jones. Time frame given was 15 days for Dow to gain 700 points and reach level of 17200. Yesterday ie 11 Mar 2016, Dow Jones closed at 17213. Here's the link to my last post

At the time of writing my last post on 25 Feb 2016, experts were talking of global meltdown and hence my recommendation of 700 point jump in Dow Jones within 15 days would not have gone down well with my audience. But I hope some one would have still acted on my advice and made good profits.

Stay tuned for more such profitable tips.