Good News: Area churches begin fall programs
Here is a sampling of programs, classes and worshipopportunities offered by area churches to spread the Good News:

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Most India Stocks Fall, Led by Software Exporters on U.S. Economic Concern
Most Indian stocks fell, with the benchmark index set for the first weekly decline in four, amid concern the U.S. will lower its second-quarter growth estimate.

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Do you know how to say in Chinese “irrational exuberance,” or how about in Russian… ok… maybe you know how to say in Hindi..ok… I am sure you can say it Portuguese? Maybe we might not need to …Investors and Hedge funds have been throwing money at these markets for years… Why not…Look at the amazing moves. However many local investors of these markets are very young and mostly have never experienced a bear market. How many of us investors went through the tech bubble or this fun real estate blowup. Yet so many of us have been investing in the BRIC ( Brazil –Russia-India- China) ETFs again without even thinking what we might lose. I really do not need to explain to you about the risks… maybe you can tell me about all the money you have made. I am not even going to stress the banking crisis …or how about the residential home crisis… or even mention the SIV crisis. For those of you not aware of the SIV crisis, it is where numerous US and Non US banking institutions in order to put their toxic defaulted paper off their books. I am not suggesting to any degree you exit your long positions on the BRIC ETFs… You know what you are doing; You have a plan. You know exactly when to exit your position. How many of you remember Japan of the late 1980s. At 25,000 was the Japanese stock market overvalued… or how about at 30,000…or even 35,000…until peaking at 39,000 and still 18 years later not even at half of that. When the US stock of 1929 crashed it took almost 25 long hard years to get back to those levels. I have never met anyone who could call a top to a parabolic move. That is what is happening currently in the BRIC ETFs. Consider this on the Indian Stock Market; the journey from 19,000 to 20,000 points took 11 trading sessions and an increase of just 5.25%, whereas back in 1992, the journey from 3,000 to 4,000 took 22 trading sessions and an increase of 33.33%. We can go look at each component of each BRIC market. But what will that tell us. Human nature never changes. It does not matter if we are Brazilian, Russians, Indians or Chinese or American the basic attributes of humanity become very clear. FEAR AND GREED! I am very confident that all of us have heard the fantastic growth stories that are prevalent in the BRIC markets and one needs to take a long term perspective while investing. Investing in the stock market is not a one-day event. That would amount to gambling and we are not gamblers (?). In order for long term success one needs to have an exact plan as to when to purchase and when to exit as well as a plan to invest consistently over a long period of time. There is no right time to enter the market. Every day is the right day. If you start investing in the stock market, you should be committed to be in the market for a long time. One might construe this post as double cheeked. However what I would like to stress is that one needs a plan regardless if they consider themselves an investor or a trader. No one has a crystal ball where any market is headed However a possibly significant sign is at hand on the BRIC markets. On a technical basis the chart is showing a MAJOR DIVERGENCE many times this has been a forebear of a major trend in change. There are too many issues to mention that the risks of investing in the BRIC ETFs are greatly enhanced. One needs a plan and more importantly the mental discipline to follow the plan. Good Luck trading. Currently we are not long nor short any of the BRIC ETFs but looking to go short.

Andrew Abraham

Andrabr9@gmail.com

http://capitalinvestor1836.blogspot.com/

After showing impressive couple of days of rally stock market is globally showing broad base weakness today. Yesterdays split finish in US markets resulted in lot of nervousness in Asian and European market.

Global markets are in firm downturn. Globally Banks are worst hit and most volatile sector followed by allied financial and investment sector. Due to reduced consumer spending white goods sector is also taking good hit with home builders and real estate developers.

Indian stock market also reacted to global cue and NSE ended down by 1% . Except Nifty Junior which raised by 1% all other sectors were in red. ICICI bank was again badly hit and closed down by 4.17%. Other major looser were Bharti airtel and DLF which both ended up shedding 3.75 and 3.07% respectively.

Major gainers were Tatasteel, HDFC and ITC but they also closed significantly lower than day?s highs. We recommend shorting banking stocks and manufacturing to benefit from tomorrows expected fall. It is advised to keep bets small as market is near support levels which may result in some degree of choppiness.

On global commodity front Gold has nearly recovered half of its 10% fall since last week and trading at $949.6 per ounce. We release a buy recommendation on Gold on Monday so our subscribers have gained 5% in two days!! Today we have recommended half sell to book partial profits. In our view gold will again touch its last week?s low or start another leg down creating golden opportunity for long-term investors to accumulate.

Silver is another big feather in our hat as we recommended buy at $17.11 and it?s currently trading at $18.40 per ounce a healthy gain of 7.5% in 2 days. Silver fell by 22% last week after making double top around $21.40 per ounce. According to our analysis silver has brilliant appreciation potential and one year target of $40 per ounce. Silver is heavily used industrial precious metal and slowly and steadily its gaining popularity as preferred jewelry metal due to very high price of Gold.

Investors which are not actively trading this is very good time to start investing in mutual funds. It is prudent to make equal combination of high yield fund and growth funds. It is preferred that investor be operating its own demat account and may use any linked broker to execute their own buy and sell decisions. We have came across the investors who try to trade Mutual Funds like stocks and end not making any profits as they shed out entry and exit load each time they switch.

Indian Market Likely To Fall On Recovery Concerns
The Indian market is likely to open on a subdued note Thursday, tracking weak Asian cues after worrisome jobs figures from the U.S. private sector and a possible credit rating downgrade on Spain fueled worries about the prospects for a global economic recovery. Elsewhere, manufacturing growth in China and Australia slowed in June for a second straight month, data released on Thursday showed.

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Dr. Reddy’s Shares Fall After Court Blocks New Drug (Update2)
June 14 (Bloomberg) — Dr. Reddy’s Laboratories Ltd. , India’s second-largest drugmaker, fell the most in more than four months in Mumbai after a court in the U.S. blocked sales of its version of allergy medication Allegra.

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India’s Stocks Fall to Lowest in Three Months on Risk Aversion May 21 (Bloomberg) — India’s stocks fell to the lowest level in almost three months as Europe’s sovereign-debt crisis and rising U.S. jobless claims prompted investors to withdraw funds from riskier assets. Read more on Bloomberg

India’s Stocks Fall; Reliance Infrastructure, Tata Steel Drop May 11 (Bloomberg) — India’s stocks fell as investors speculated yesterday’s biggest one-day advance in ten months may have exceeded the outlook for earnings. Read more on Bloomberg

India’s Stocks Fall; Reliance Infrastructure, Tata Steel Drop May 11 (Bloomberg) — India’s stocks fell as investors speculated yesterday’s biggest one-day advance in ten months may have exceeded the outlook for earnings. Read more on Bloomberg

India’s Stocks Fall; Reliance Infrastructure, Tata Steel Drop May 11 (Bloomberg) — India’s stocks fell as investors speculated yesterday’s biggest one-day advance in ten months may have exceeded the outlook for earnings. Read more on Bloomberg