Wall Street Crash

How quickly emotional think can turn from highs to lows. Year-to-date through April 23 (the stock market’s recent peak), the S&P 500 was up 9.2 percent, the S&P MidCap 400 had gained 16.9 percent and the S&P SmallCap 600 was up 18.6 percent (1*). But as if to remind us that some things are just too good to be true, the markets began to unravel as April came to a close. Now this October are we headed for another downfall?No tags for this post.

What is the outlook for Bajaj Electricals for the next six to eight months? Bola Shaw Bajaj Electricals (Rs 260): Last time we had reviewed the stock was in February when we had suggested that investors with medium-term perspective could hold the stock as long as it traded above Rs 132. We had given the six-month target for the stock at Rs 204.No tags for this post.

Stocks dropped dramatically today in the wake of a disappointing nonfarm payrolls report  from the Labor Department, as traders were confronted with hard evidence of a frustratingly weak jobs market. In fact, the news seemed to be the final straw for analysts at Goldman Sachs, as the brokerage firm slashed its forecast for U.S. economic growth in 2011 and predicted "another round of unconventional monetary easing" from federal policymakers. The major market indexes all tumbled to heavy losses by midday -- but the bulls proved their resilience by switching into bargain-hunting mode in afternoon trading. As a result, stocks pared their losses into the close, and what could have been a catastrophic session wrapped up with remarkably unremarkable declines....( Read More )No tags for this post.