MIKE LENHOFF 8- Mar -2010 - New relative highs for mid caps – a bullish sign.
Greece and sovereign debt have been receiving lots of attention but one of the more interesting and less fussed about developments is depicted in the chart, which shows the performance of the mid and small caps relative to the large caps for the US equity market. Over the past few weeks, the mid caps have shot up to new relative highs. While the small caps are not far from new relative highs, they have still risen to new relative highs for the year. These are probably the most bullish signs around for equity markets. JUSTIN URQUHART STEWART 8- Mar -2010 - A Charging Elephant
If anyone can say they have had a good recession it has to be India. In fact they didn’t seem to have had a recession at all. In 2008/9 her gross domestic product grew by 6.7%, with an increase forecasted for this year to 7.2%. However, of course with this there have been constraints, with both the government fiscal deficit rising and the rate of inflation creeping up. Although these have been a concern they seem not to be at worrying levels for the moment. SANDY JADEJA 2- Mar -2010 - Dow Jones heads into resistance zone...
With a surprise to the bears the bulls have managed to continue back into the resistance zone after a brief decline.