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The golden cross appears on a chart when a stock’s short-term moving average crosses above its long-term moving average. Historically since the advent of Nifty Midcap 100 in January 2001, the index has seen a golden crossover on weekly charts only on two instances. The first time was in January 2010 and the second time in May 2014.
Edelweiss Financial Services Q2 results: Reports net loss of Rs 56 crThe non-banking financial company had posted a net profit of Rs 67.97 crore in the same quarter a year ago.
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… Read MoreUS polls, Europe lockdowns to keep markets choppy with negative biasMarkets have a habit of over-reacting to short-term events and, therefore, there is every likelihood that an intermediate peak will be formed once the Q2FY21 performance gets digested.
from Stocks-Markets-Economic Times http… Read MoreIndusInd Bank ‘cautiously optimistic’ on growth even as Q2 net halvesProfit hit by slow loan growth, higher provisions to cover for Covid fallout.
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… Read MoreUS election: Market’s collective wisdom is often dead wrongAnd yet, for some investing veterans, there’s a nagging concern that this view is a little optimistic, that some of the things that have made Biden an attractive candidate for voters craving change could make for a rougher r… Read MoreDon’t invest your emergency fund. SeriouslyTwo percent APY was a huge score. It made it much easier for people like myself to tout the glories of keeping your emergency savings in cash as opposed to in the stock market. Just put it in a high-yield savings account, and… Read More
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