Daily Remarks – Wednesday August 22, 2012

Two thirds of August trading days are behind us but the month is not playing up to its reputation so far. Bucking the History: Stock Trader’s Almanac notes that over the past 61 years, August has been 10th best month for Dow Jones Industrial Average and NASDAQ or in other words, third worst. August is 9th best for…

Daily Remarks – Wednesday, August 15, 2012

Yesterday’s Action – Dojis, Bearish Engulfing and Dark Clouds Tuesday had started on a positive note. In the early session, the US futures continued their uptrend that they had acquired in the middle of Monday’s trading. However, the upward momentum could not continue for too long and just like they did on Monday, major indices…