Founder - Burn Finan... • 2m
Even though the market fell today, our MMI index still jumped from 64 to 67 it's now just a few points away from the 'extreme greed' zone. I have a feeling that even a small move in the Indian market could trigger a noticeable shift in the MMI, especially since gold buying is picking up fast. Gold had a big rally today, and since gold buying is part of the MMI calculation, that’s definitely playing a role. Overall, I think the market will stay sideways for a bit maybe for a few days or at least until tomorrow depending on what the Fed announces. Personally, I don’t think the Fed will cut rates just yet, at least not until there’s more clarity on the tariff situation.
Founder - Burn Finan... • 1m
Looking at today’s MMI it seems pretty clear that even if the market does correct it probably won’t be a major drop we might just see a small dip enough to bring valuations to a reasonable level and then the market could bounce back Yesterday the MMI
See MoreFounder - Burn Finan... • 5m
The RBI has made a 25 basis points rate cut. However, there is still some tension in the market regarding what the RBI will do about banking liquidity and how it will manage future inflation. Due to these concerns, the market is somewhat sideways and
See MoreFounder - Burn Finan... • 4m
The market will likely remain sideways until the results start coming in. If the results this time are good, the market could easily show a new rally. A long-term bear run in the market is not as easy as people are saying, that the market will remain
See MoreFrom the ROOT to the... • 1y
Here's a Summary of the FED decision on March 20, 2024: 1. The Federal Reserve keeps interest rates steady at 5.50% for the fifth consecutive meeting. 2. The Fed maintains its anticipation of three interest rate reductions in 2024. 3. The proje
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