Stocks get floored as analyst predicts bleak outlook!

Wall Street is in the grips of the bear once again, what else is new? With the markets reacting like a yo-yo to everything that an analyst may or may not say about the markets in general, the Wall street these days are resembling a roller coaster in more ways than one. The latest round of the 'bleak summaries' on the banks and the credit crisis, sent the markets reeling and the news of surging Oil prices only further increased the pressure on the markets.
With the markets reacting to interviews like this, is it any wonder that the consumers are wary of investing even a dime in them? What we sorely need is a period of stability and a market that does not swing wildly just on the basis of a news report. With the Fed taking a proactive stand as far as the U.S economy is concerned, the latest moves by the market clearly show that the sheen is gone off the interest rate cuts. So the obvious question is what is the Fed planning to do next to give a further Filip to the markets? Let us cross our fingers and start hoping for the best.

Bank to take over Countrywide?

Well, the recent debacle with Countrywide had sent many a investor scampering for the hills. But, what may be perceived as trouble by others is seen by others as an opportunity to make business, of course, there are many that would probably call them vultures. But that would be a bit rich, who is not trying to make a quick buck these days, even if it is at your neighbor’s expense?

Anyway, the recent Mortgage crisis seems to have sent the Bank of America calling on to countrywide Inc, in a bid to purchase the already beleaguered company. This move has sent a sigh of relief through many of the share holders of the Countrywide stock, as the recent news of the exposure of defaulting mortgage payments sent the stock price of Countrywide go into the basement. With the second largest bank in the United States poised to take over Countrywide, the stock markets have all reacted favorably, each posing gains and showing signs of throwing off the bear!

The DOW zooms up by 250 points!

Finally the FED has managed to unify its plan with the other central banks and thereby alleviate the current credit crisis. The credit crunch is so bad that getting a car loan is in fact even more difficult than buying a car from the dealer on a standby basis. The markets reacted favorably to the news that all the central banks have managed to get moving on a common plan to alleviate the Credit crunch that is so evident in the markets today.
The DOW which had sagged unfavorably after the recent FED rate cut, seems to have finally shaken off the Bear claws and has started moving in the right direction,up. But of course, as soon as the sub prime disaster had hit the markets, this is what all the banks should have done. It has taken them this long to do what should have been done a long time back, but the investors and that includes me as well are all happy that they have finally show some backbone and have acted. One can only hope and pray that this momentum in the markets will continue on!

The Indian stocks soar to new heights!

Today saw the Indian stocks soar above the 16,000 mark.this cannot all be attributed to the fed slashing the interest rates in the United States.that said,it seems that the bears as far as the Indian stock markets,have gone into hibernaiton and the bulls are getting more and more frisky.with the political situation in India still at catch 22 i wonder if the 16,000 level will be sustained in the days to come,especially if the elections are just round the corner.either way,the exporters are in the seventh heaven,let's hope that this good feel lasts for some time to come!

calm before the storm??

The following week will in all probability see a much more calmer trading in the asian stocks but traders are aware that it may not be as calm as it is predicted to be.after all any more bad news on the U.S market is bound to send shock waves all over the asian continent.that is just the least of worries for the traders.
With more and more financial institutions coming forward with their assett exposure to the U.S subprimes,the asian traders are well aware that the calm could be very well before the storm.as it is,traders are depending more on just sheer luck than informatin.the last two weeks has not helped matters any bit.but any more U.S market upheavals may well start the bear run on the asian stocks!

The U.S markets in a bear hug??

The sub prime mortages are having an all around effect on all of the world markets with the U.S markets riding the wave.no one knows when the wave of the 'sub primes' will crest over and that one should just grit one's teeth and ride it all out.with the sub primes pushing the U.S stock markets down the impact on the Euro markets has been worse than anticipated.this even led to the BNP Paribas freezing off three of its debts funds right away.
According to some of the experts,BNP Paribas may even take more hits in the days to come.on top of this,there seems to be an apperance of a liquidity crunch appearing ion the European markets with banks reluctant to lend to each other!still the next week may even throw further googlies at the world markets.as such besides the U.S markets it is the European markets which are impacted the most by the 'sub primes'.the Asian markets on the whole are insulated from this as their banks are not that vulnerable to mortgage foreclosures in the United States.however,as the U.S markets get into even a more of a bear hug,it is only reasonable to expect the world markets all over to react to this with some sentiment even as far away as the BSE sensex!

mortage,united states,markets,economy,

Indian stocks go sky high!

With India's economy resurging ahead with a very hi8gh rate of growth,the Indian sensex set a record of sorts today when it crossed the 15 k mark.this is a landmark of sorts for the Indian stock exchange which had been having lateral movement but not much vertically for the last few days.anyway it is now more than evident that the bears have gone to hibernaiton and that the bulls have literally swamped the market.will new heights be reached soon,lets see!

economy,india,stock,mumbai,

Wall Street hangs up!

After three days of acquiring gains the Wall street has paused in its momentum.with the news that the National Association of Homebuilders is set to release its housing index for June,all eyes and ears are open for a take on the U.S economy and this will have an impact on Wall street.
Coming back to today,the Wall street paused in its momentum and there was only sideways momentum after that.this could be due to a variety of reasons but with speculation that a takeover is imminent and that Alcoa is involved may cause the market to react.so the sideways momentum of the market will change.but will there be any more gains.well,lets sit back and watch as all indicators are pointing to a sideways momentum.could go either way!