Sat, 27th August 2016

Anirudh Sethi Report


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Some Facts About Anirudh Sethi in Relate to www.AnirudhSethiReport.com

-AnirudhSethiReport is now owned by ANIRUDH SETHI  (Only Name been used by Real Owner )

-Twitter Id : anirudhsethi71 (Not owned by Anirudh Sethi )

-Anirudh Sethi :Has never Authored any Article in Relate to Indian Stocks/Indices /Commodities of Indian Stocks.

Yes ,Before Regulation came :



Focus by Anirudh Sethi was /Still there :To Track Global Economy ,Global Market ,Forex Market ,Global Commodity Market.

To Organize Seminars on TA/Trading Psychology.

Yes ,Members been made but for Global Market/Commodity Market/For Seminar purpose.

Not Any Where it is written :Anirudh Sethi says this :Buy /Sell or Hold !!

Not Any Where it is written :This is Official Twitter Trading Account of ANIRUDH SETHI

Every Important post is for Members & that too password protected.

Think it over…………………………………

By Banning Anirudh Sethi ,Readers/Traders :Don’t know Fact they just do BLA BLA.

For ANIRUDH SETHI name is important ,Across Globe people Recognise him by name not by Sensex/Nifty or Stocks.

In 2007 ,Focus was Technical Analysis ,Now also Focus is on TA :Already Boldly mentioned on 30th Dec 2013 & 25th Dec ’14 :Stopped writing about Stocks/Commodity.

Japanese Government Squanders Pension Funds On Failed Stocks As Losses Reach $130 Billion In Past Year

Nearly two years ago we wrote about how the largest pension fund in the world had been hijacked by political hacks in what would be a futile effort to prop up stocks in the “first failed Keynesian state, Japan.”  The post came in response to Japan’s Government Pension Investment Fund announcing that it would slash its fixed income portfolio to double its target allocation to domestic and foreign equities, in essence, going outright long Central Banks. 

Once upon a time, the world’s biggest government pension fund, Japan’s $1.1 trillion Government Pension Investment Fund, or GPIF, was apolitical, and merely focused on preserving the people’s wealth.

Then everything changed, and with the reckless abandon of a junkie on a crack cocaine binge, aka Abenomics, the GPIF management was kicked out, and its entire mandate was flipped from preserving wealth, to gambling on #Ref! P/E stocks, in hopes of recreating the wealth effect of the super-rich (the only problem: Japan has reached its breaking point and the higher the USDJPY, and thus the Nikkei rises, the more the BOJ directly destroys its economy with an already record number of bankruptcies due to the plunging Yen getting recorder).

Worst of all, the GPIF became nothing short of the latest political pawn in what is now the the first failed Keynesian state, Japan.

Unfortunately, for Japan, and its tens of millions of pensioners, the only news here is simple: the entire country is now held hostage by Japan’s last-gasp attempt to prove Monetarist and Keynesian policies work. Because, said otherwise, “Abenomics better work, or else all your pensions are toast.

Bill Gross: Yellen’s Economy “May Never Walk Normally Again, This Is Not Capitalism”

It took the headline scanning algos several minutes to read Yellen’s speech, which the kneejerk reaction was to deem as more hawkish than expected, before they stumbled on the key section we pointed out earlier, and which unleashed a surge of buying because it hinted at even more potential QE in the future (under a different Fed chair):

 On the monetary policy side, future policymakers might choose to consider some additional tools that have been employed by other central banks, though adding them to our toolkit would require a very careful weighing of costs and benefits and, in some cases, could require legislation. For example, future policymakers may wish to explore the possibility of purchasing a broader range of assets.

This section catalyzed such an aggressive buying impulse that it required Stan Fischer’s post-speech interview to pour cold water on the market’s enthusiasm, saying “Yellen’s comments are consistent with a possible September hike.”  After all, as even Bullard admitted earlier, the Fed is perilously close to admitting stocks are in a bubble.

However, it was too late to appease one recently converted Fed critic, Bill Gross, who slammed Yellen’s suggestion that she could launch further asset purchases as the equivalent of “providing a walker or a wheelchair for an ailing economy.”

“She is opening the door to creating even greater asset bubbles as have the BOJ and ECB and SNB by purchasing corporate bonds and stocks,” Gross wrote Friday in an e-mail response to questions. “This is not capitalism. This is providing a walker or a wheelchair for an ailing economy. It may never walk normally again if monetary policy continues in this direction.”

Best Reaction Yet: “Yellen Speech A Whole Lot Of Nothing”

While previously we showed Goldman’s kneejerk response to the Yellen speech, according to which the central bank-spawning hedge fund saw Yellen’s speech so hawkish it raised Goldman’s odds for a September rate hike from 30% to 40%, it was also wrong at least based on the market, which in turn cut its September rate hike oddsfrom 32% to 26% after the speech.

A far better reaction comes from Macquarie’s Thierry Wizman, who brings us back to the conventional wisdom that prevailed on Wall Street for the past week, namely that Yellen’s speech is “a whole lot of nothing,” and likely didn’t change any minds on expectations for a rate increase this year, Wizman told Bloomberg in phone interview.

Wizman adds that the speech implies a rate increase is still coming this year, and Dec. is the most likely timing of that.  “There were some people in the market who expected that she would invoke Sept. and that was probably the wrong thing to expect”; Fed has moved away from calendar guidance.

Baker Hughes US oil rig count 406 vs 406 prior

Weekly US energy drilling data from Baker Hughes

  • Prior was 406, rising from 396 and 381 in the prior rigs
  • Natural gas rigs 81 vs 83 prior
  • Total rigs 489 vs 491 prior

It’s the first flat reading or decline in oil drilling rigs since the week of June 10 but given that rigs have risen by 32 in the past month and 90 since the May 27 low, it’s probably to be expected.

 Oil prices rose slightly after the data.

Overnight US Market :Dow closed -53 points.

U.S. stocks slumped Friday and turned mixed after Federal Reserve Chair Janet Yellen signaled the possibility of an interest-rate increase later this year.

The Dow Jones industrial average rose more than 100 points at one point, but soon relinquished those games. The Dow ended the day down 0.3%, the Standard & Poor’s 500 index was off 0.2% and the Nasdaq composite index was up 0.1%.

But the Nasdaq — down for the week and still within 1% of its record closing high — snapped an eight-week winning streak.

Investors are parsing Yellen’s every word for clues on interest-rate policy at her speech at a conference in Jackson Hole, Wyo., where central bankers are gathered to discuss the economy.

Yellen said that the case for an interest-rate hike “has strengthened in recent months.”

The market’s tepid reaction suggests that investors may have priced in the likelihood of an interest-rate increase, though few expect it to occur at the Fed’s September meeting. December is more likely.


OPEC Export Earnings Plunge 46 Percent in 2015 From Previous Year

Image result for opecThe Organization of Petroleum Exporting Countries (OPEC) earned $404 billion in oil export revenue in 2015, down from $753 billion in the previous year, the US Energy Information Administration (EIA) reported in a press release on Friday. “OPEC members’ 2015 net oil export revenue was at the lowest level since 2004, with significant implications for the fiscal condition of member countries that rely heavily on oil sales to fund social programs and to import other goods and services,” the release said.

Countries such as Saudi Arabia and other Persian Gulf states that have accumulated wealth and financial assets were affected to a lesser degree than other oil producing countries, including Iraq, Nigeria and Venezuela, the release explained. The EIA release also noted that countries such as Iraq, where oil accounts for 99 percent of all exports, were hit harder than nations such as Indonesia, where oil comprises just 5 percent of total exports. The OPEC cartel currently comprises 12 nations: Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, Venezuela and the United Arab Emirates.

The world’s first self-driving taxi service hits Singapore roads

Singapore’s streets have become the backdrop to show off a range of new technologies, from self-driving taxis to public transport run by electricity, as the government pushes the city-state to become a test-bed for futuristic transportation.

A Massachusetts, U.S.-based company called nuTonomy, which was founded by two renowned robotics experts from the Massachusetts Institute of Technology, started the world’s first trial on the public roads of its “robo-taxi”, or self-driving taxi, on Aug. 25 in Singapore. A customer who has registered via a smartphone app can hail the Mitsubishi i-MiEV electric car, which has been configured for self-driving.

 During the trial, a ride can be taken within the “one-north” business park, a 200 hectare area developed specially for research and development activities and innovations for companies and academic entities. The fleet for the test, which also consists of Renault Zoe electric models, will gradually be increased to six cars.

Supported by Singapore government agency the Land Transport Authority, the current phase of the trial will last for two years. Developer nuTonomy aims to start commercial operations of self-driving taxis in Singapore in 2018, after collecting “feedback from riders in a real-world setting,” said Karl Iagnemma, chief executive and co-founder of nuTonomy.

The startup chose Singapore for its testing because of the consistent climate, favorable traffic infrastructure and government support.