Well, it’s that time again. We knew this day would eventually arrive. We also knew that when it did arrive, there would be a plethora of reactions on both sides of the aisle. Today the Dow Jones Industrial Average ($DJIA) saw a “Golden Cross”, which occurs when the 50-day MA crosses above the 200-day MA, two closely-followed […]
The US is Range-Bound, but What About India?
Last week, JC Parets appeared on India’s ‘ET NOW’ to give his viewpoint on where we stand in regards to US indices and other global markets. To begin with, JC points out that we are still in the middle of a very wide range in the Dow Jones Industrial Average ($DJIA). In September/October of last […]