I used write once in a while about the economically austere and sensible former Indian Central Bank Chief, Raghuram Rajan. He was essentially pushed out by the Modi government, which had other ideas for goosing the economy. Today’s result? A 6.5% burst in the India iShares INDY. It was important because… this… From NFTRH 568 using the weekly chart of BSE above: “So far the … Continue reading India: A Long Way From Rajan
With the sales of Japan (DXJ), Asia (AAXJ), Fanuc (FANUY) and now India (INDY), I am left with a bunch of US stocks, along with some long-term Treasury bonds, a healthy contingent of precious metals stocks and a good cash balance that I am looking to increase going forward. I prefer to be involved in what I know best and can see the most clearly, … Continue reading America Centric
I do some of these NFTRH+ updates publicly to a) show you, the free site reader how well the service – really just a small add-on to the full service – has done (with the odd stinker here or there) and b) so as not to bother subscribers with premium update emails for something I don’t consider very important. That something is that I am … Continue reading NFTRH+ (public) Bye Bye Bombay
We have been noting that India stands out as an investment destination in a mainly bearish global picture and due to the daily chart pullback on INDY, I thought I’d take a closer look. This ‘+’ update is sent to the entire list because of its relevance to ongoing information in weekly reports.
A subscriber who has a history as an India fund manager was kind enough to pass along (actually, remind me of…) a couple more symbols of interest (to go along with Nifty 50 fund INDY and MSCI India fund INDA). These are the Wisdom Tree India earnings fund (EPI) and the Market Vectors India Small Cap fund (SCIF). These are presented for your consideration and further research.