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On Slack: Monday Morning Carnage in the Markets, CAPM Portfolio Changes, Will Rajan Cut Rates and More…

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The Slack Discussions

The Slack group at Capital Mind Premium has been extremely active and if you haven’t been there, pop us a note by replying to this email. (If you’re a trial member this probably sound like Greek to you; it will be available when you sign up!)

Awesome discussions again!

A brief summary of some of the interesting things discussed there in the last few days:

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US Markets closed in Red on 21-Aug-14 (Friday)

Monday markets

Markets witness 7 year lows, India follows US and China…..

#Sensex 25,741.56 / -1624.51 (-5.91%); #Nifty 7,809 / -490.95 (-5.92%)

http://www.reuters.com/article/2015/08/23/us-global-economy-idUSKCN0QS0EG20150823

http://economictimes.indiatimes.com/markets/stocks/news/sensex-crashes-most-in-seven-years-4th-biggest-in-history/articleshow/48650408.cms?utm_source=facebook.com&utm_medium=referral&utm_campaign=ETFBMain

http://www.reuters.com/article/2015/08/24/us-china-markets-idUSKCN0QT0CV20150824

http://www.zerohedge.com/news/2015-08-24/summarizing-black-monday-carnage-so-far

http://www.cnbc.com/2015/08/24/wall-street-prepped-for-meltdown-as-futures-plunge.html

Monday markets_01

Avoid Buying Put Insurance When You are Most Afraid

http://blog.alphaarchitect.com/2015/08/24/avoid-buying-put-insurance-when-you-are-most-afraid/

What else was making news:

http://www.business-standard.com/article/pti-stories/yes-bank-to-decide-on-usd-1-bn-share-sale-in-h2-115082300113_1.html

http://economictimes.indiatimes.com/markets/forex/rbi-can-use-forex-reserves-to-curb-volatility-raghuram-rajan/articleshow/48648810.cms

http://www.livemint.com/Companies/JFD1POTNZoXFjTa7Lw25BI/Amtek-unit-bondholders-look-to-move-UK-courts.html

http://wap.business-standard.com/article/companies/piramal-takes-a-contrarian-call-115082001105_1.html

Exits We Made on #actionable:

Aug 24:

Actionable_01

 

Actionable_Aug24

Aug 25:

Actionable_Aug25

Actionable_Aug25_02

VC Funding: Funding Boom to a Funding Bust…??? Start-ups starting to worry….

http://www.livemint.com/Companies/lhqvkCLkR6NGS7eXpO8bCN/Is-the-funding-boom-ending-for-startups.html#ref=newsletter

http://yourstory.com/2015/08/flipkart-snapdeal-valuations-and-gmv/

Government’s IOC stake sale kicked off in the Monday blood bath:

http://economictimes.indiatimes.com/markets/stocks/news/ioc-share-sale-begins-amid-bloodbath-in-market/articleshow/48649818.cms

http://zeenews.india.com/business/news/finance/govt-stake-sale-in-ioc-subscribed-over-57-by-1-pm_134419.html

IOC

Monday Afternoon Market Updates:

Sensex Fall

 

Equity_Cumulative

An excerpt of the conversations we witnessed during the week:

Amitvikram M: So finally @deepakshenoy warning of being cautious in every actionable post is hitting;

Deepak Shenoy: It’s a little vindication, but now is the real work. Stick around, and don’t panic and ask if you are wondering whether to sell something. This is not a time to make big decisions, but to stick with stops.

Deepak Shenoy: Main thing here is – don’t get overeager to buy or overeager to sell.

Are Sanjoy Bhattacharyya & Porinju Veliyath Being Foolhardy In Aggressively Buying Stocks On Day Of Gory Carnage?

More reading at: http://rakesh-jhunjhunwala.in/are-sanjoy-bhattacharyya-porinju-veliyath-being-foolhardy-in-aggressively-buying-stocks-on-day-of-gory-carnage/

China stocks give up year’s gains as ‘national team’ stays on bench

Read on at: http://www.reuters.com/article/2015/08/24/us-china-markets-idUSKCN0QT0CV20150824

Is China liquidating US Treasuries?

http://www.zerohedge.com/news/2015-08-27/what-chinas-treasury-liquidation-means-1-trillion-qe-reverse

http://www.zerohedge.com/news/2015-08-27/its-official-china-confirms-it-has-begun-liquidating-treasuries-warns-washington

http://dravirmani.blogspot.in/2015/08/chinese-revelations-in-august-2015.html

Why the stock market has to go down: The Reformed Broker

Continue reading: http://thereformedbroker.com/2015/08/23/why-the-stock-market-has-to-go-down/

Take Some Deep Breaths, and Don’t Do a Thing: The NY Times

Read more at: http://www.ndtv.com/world-news/take-some-deep-breaths-and-dont-do-a-thing-1210574

FII

Wall Street Surges for 2nd Day (Thursday) on Strong GDP Data

http://profit.ndtv.com/news/market/article-wall-street-opens-higher-after-gdp-data-1211670

Atlast Jewellery now listed

http://www.newindianexpress.com/business/news/Atlas-Jewellery-now-Listed-Entity-through-Rs-100-cr-Acquisition/2015/06/01/article2842996.ece

Reliance-Weekly

5 Things to Watch at the Kansas City Fed’s Jackson Hole Conference

http://blogs.wsj.com/briefly/2015/08/27/5-things-to-watch-at-the-kansas-city-feds-jackson-hole-conference/

Godrej Ind to acquire Astec LifeSciences

http://corporates.bseindia.com/xml-data/corpfiling/AttachLive/C2988586_80AB_4FDC_A88C_9E76A1CBDB4F_134711.pdf

Transgene Biotek alleges $38 mn fraud

http://articles.economictimes.indiatimes.com/2014-12-16/news/57112297_1_transgene-biotek-gdr-proceeds-dr-k-koteswara-rao

ICRA raises credit rating of Kitex Garments

http://www.icra.in/Files/Reports/Rationale/Kitex%20Garments_r_08072015.pdf

Markets

Interesting Reads:

Railways Presentation

The ultimate RSI indicator trading guide

K10 Companies Where are they now?

The Ketan Parekh scam – A Case study

Portfolio of Amansa Capital

Govt. may levy 2% cess on air tickets

Jaguar Land Rover US Sales for April 2015

How To Find 100-Bagger Stocks: Motilal Oswal’s 19th Wealth Creation Study

Signs of long-trend bear market

India to face power surplus, 300 million people may not be able to afford

Trading false moves with the hikkake pattern

Consequences Of Short Delivery – Nse/Bse

Evaluation of Momentum Oscillators

While Many Panicked, Japanese Day Trader Made $34 Million

Nassim Taleb’s Fund Made $1 Billion On Monday; This Is How The Other “Hedge” Funds Did

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Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion. 

Disclosure: The authors at Capital Mind have positions in the market and some of them may support or contradict the material given above, or may involve a direction derived from independent analysis.

 

 

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