How to gain profit in stock market

Stock Market Today: The Indian market ended lower after a volatile session on June 29, a day ahead of the monthly expiry with investors also nervous about monthly auto numbers and PMI data to be released later in the week. At close, the 30-pack Sensex lost 0.25 percent, or 134.31 points, to end the day at 53,027, while the broad-based Nifty ended lower by 32.95 points, or 0.21 percent, at 15,799. “Consumer confidence is declining rapidly due to the uncontrolled and constant rise in inflation as India had to bear the double whammy effect of a dampening global equity market and rising crude prices as major suppliers like Saudi are unable to boost the output in the short-term”, said Vinod Nair, Head of Research at Geojit Financial Services. The domestic market, however, was able to recover most of the losses due to a strong movement in index heavyweights, PSUs, metals and oil & gas stocks before squandering some of the gains at the end of the day due to a volatile global … [Read more...] about Taking Stock | Market ends lower in choppy session ahead of expiry, auto and PMI data

Share to Twitter Share to Linkedin Sir John Templeton was a twentieth century American-born British investor, banker and fund manager. He entered the mutual fund market and created the Templeton Growth Fund, which averaged growth over 15% per year for 38 years. He once said, “To buy when others are despondently selling and to sell when others are avidly buying requires the greatest fortitude.” Warren Buffett also once said that it is wise for investors to be “fearful when others are greedy, and greedy when others are fearful.” Easier said than done, I hear you say. How do you keep your head around you when everyone is losing theirs? Thinking contrarian has always been a great strategy and one which I have employed extensively over the years. Naturally, to be honest. Thinking differently to the crowd requires patience, discipline, and very little emotion. These are traits that sometimes have to be wired (or indeed forced) into your brain. Especially when you … [Read more...] about Crashing Stock Markets Can Provide Opportunity For Longer Term Gains. But Do You Have The Stomach For It?

Sensex, Nifty, stock market news Benchmark stock indices lost nearly 9 percent in the first half the calendar year as Russsia’s invasion of Ukraine, inflation worries, faster policy tightening by central banks and fears of earnings downgrades spooked investors. The broader markets fared even worse. Under intense selling pressure, the Nifty Midcap 100 index fell 12 percent and the Smallcap 100 plunged 24 percent in the six months to June 30. The Nifty IT fell the most, by more than 26 percent, as fears of a recession in the US and Europe, the main markets for information technology firms, roiled their stocks. Realty was the second worst performer, down 20 percent, followed by Metal and Pharma, which fell 14 percent each. Bank, Infra, and Financial Services were also under pressure, losing 5-10 percent. "The current market scenario has played out broadly in line with our global inflections theme since mid-2021. The ferocity of the market correction since the start of 2022 … [Read more...] about Advance-decline ratio in favour of the bears in first half, 4 sectors outperform Nifty50

Share to Twitter Share to Linkedin Key News Asian equities were a sea of red following the US equity downdraft yesterday. China and Hong Kong were hit with a round of good old fashion profit taking in advance of Friday’s Hong Kong market holiday. Yes, President Xi reiterated the success of the zero covid/lives first policy while visiting Wuhan. At the same time, early indications are that Chinese travelers are aggressively booking domestic and foreign travel following the easing of quarantine policies. According to a mainland article, “…the search volume for air tickets on the platform increased 60% within 30 minutes, the search volume for hotels doubled, and the search volume for trains increased by up to 1.5 times”. That’s the first half-hour! A mainland media source noted that the Ministry of Industry and Information Technology (MIIT) removed the identification star of those who had traveled to cities with a covid outbreak on people’s phone-based … [Read more...] about Profit Taking Hits Despite Travel Booking Bonanza Post Quarantine Easing

Share to Twitter Share to Linkedin Most investors ignore the “magnetic” connection between dividends and share prices. It’s causing them to miss out on huge gains—and setting them up for big losses, too. Here’s what I mean: in my earlier article in our ongoing series on my “Dividend Magnet” approach to investing , I gave you example after example of how a rising dividend almost inevitably drags a company’s share price up with it. This is one of the main reasons why we demand a dividend that’s not only growing but accelerating in my Hidden Yields dividend-growth service. It’s clear as a bell in the chart of Texas Instruments TXN (TXN), below, one of the examples we discussed in our previous article. The stock delivered us big “dividend-powered” returns, with the price and dividend rising in tandem, beat for beat: TXN’s Dividend Magnet Fires Up Many folks are surprised when I show them charts like this. But it’s pretty intuitive … [Read more...] about Dividend Cuts Are Coming: Here’s How To Avoid Them

Share to Twitter Share to Linkedin Thanks to the selloff, it’s possible to buy closed-end funds (CEFs) at such high yields that we can do what seemed unthinkable just a few months ago: build a CEF portfolio that will pay $5,000 a month in dividends on about $540k invested. That’s an 11.1% average yield! This, of course, is because many CEFs have been caught up in the selloff, and yields move inversely to prices. So a fund that may have yielded, say, 7% six months ago (which is about the long-term CEF average) is suddenly yielding a lot more now. In addition, it’s possible to build an income stream this big with just three CEFs. The three funds we’ll examine below also come together to form a well-diversified portfolio, with stocks and bonds from hundreds of companies. The beauty of CEFs is that you can buy them through any brokerage account, just like stocks, during normal market hours. Their dividends will then reliably drop into your … [Read more...] about This 3-Fund Portfolio Pays $5,000 Every Month

I f anybody had said to me I would end up in the food business, I would have said, ‘What are you smoking?’ ” says Daniel Lubetzky , the 50-year-old founder of Kind Healthy Snacks . “I never thought in a thousand years I would be selling food.” Maybe that’s because Lubetzky isn’t really selling food. Rather he is peddling health and altruism, at least the cheap sort you can buy in a 1.4-ounce fruit-and-nut snack bar drizzled with chocolate. Clues to Lubetzky’s deeper ambitions abound in his office decor: On one wall hang framed photos of him with Pope Francis, President Barack Obama and Shimon Peres, the late president of Israel. Books about the Middle East line another. Motivational quotes from the likes of Gandhi, Mother Teresa and the Dalai Lama are painted in the hallways. The overt display of social consciousness is core to Kind’s business strategy. The company has sold 2 billion snack bars since its founding in 2004 and has done so by wrapping itself in a … [Read more...] about Social Spin Doctor: Kind Bar’s Daniel Lubetzky Builds A $1.5 Billion Fortune On Do-Gooder Rhetoric

Share to Twitter Share to Linkedin Tesla began the second quarter on a tear after starting 2022 with its biggest profit and highest vehicle deliveries in company history, fueled by booming China business. But a severe Covid-related lockdown there that continued until this month, along with startup pains at the electric-car maker’s newest plants, has analysts slashing their forecasts for global delivery numbers it’s expected to report within the next few days. The Austin-based company, which typically posts delivery and production numbers a day or two after the quarter ends, may report delivering about 258,000 EVs to customers worldwide, the average of analysts surveyed by Forbes . While that would be up 28% year over year, it’s down 17% sequentially from a record 310,048 deliveries in the first quarter, despite the addition of new factories in Germany and Texas. It’s also 18% below a consensus estimate of 315,000 deliveries at the start of the quarter. … [Read more...] about Tesla Analysts Slash EV Delivery Forecasts After Turbulent China Quarter