Fri, 20th January 2017

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.

Obama Fails To Breach $20 Trillion

Over the past several years, a raging debate among debt-watchers was whether Obama would leave the presidency with more than $20 trillion in US national debt. We now have the answer, and can report that Obama failed in this particular endeavor… but just barely. According to the US Treasury, as of the most recent update, total Federal debt was some $39 billion short of the key “psychological level”, clocking in at precisely 19,961,467,137,973.64.

This means that both “Dow 20,000” and “Debt $20,000,000,000,000” accomplishments will belong to Trump. It is still unclear which comes first.

And while some may be disappointed, Obama’s achievement is still quite impressive: in exactly 8 years, total US debt has increased by $9.3 trillion, or 88% since Obama’s first day in office.

On Obama’s first day, Jan. 20, 2009, federal debt was $10,626,877,048,913.08.  As of the close of business Wednesday, it was $19,961,467,137,973.64. The final debt number for Thursday, Obama’s last full day in office, will not be released until after Donald Trump is sworn in as president on Friday, although it is unlikely to surge by $40 billion.

The total debt added on Obama’s almost doubled America’s total indebtedness, and was nearly double the $4.9 trillion piled up during the presidency of George W. Bush. It also means that the total debt “owed” by each of America’s 124,248,000 full-time employed workers amounts to $160,658, having increased by $75,129 during Obama’s tenure.

China Dec. data: Industrial Prodn: 6.0% m/m (exp. 6.1%), Retail sales 10.9% m/m (exp 10.7%)

China December data

December Industrial Production 6.0% y/y MISS
  • expected 6.1%, prior was 6.2%
December industrial production YTD 6.0% y/y
  • expected 6.0%, prior was 6.0%
December Fixed Assets (excluding rural) YTD 8.1% y/y, MISS
  • expected 8.3%, prior was 8.3%
  • At 8.1% it’s the slowest growth since 1999
  • Private sector fixed asset investment up 3.2% in 2016
December Retail Sales 10.9% y/y  BEAT

China Q4 GDP :6.8% y/y (expected 6.7%, prior 6.7%)

The run of solid GDP results remains unbroken

Q4 GDP: 6.8% y/y BEAT
  • expected 6.7%, prior 6.7%
The latter part of 2016 saw enhanced economic stimulus from Chinese authorities, a subsequent stabilisation & growth in economic activity, and an accompanying surge in property prices as liquidity sloshed out of the real economy (if it even got there in the first place). Still, mustn’t grumble.
            Headlines via Reuters:
  • Q4 2016 GDP +1.7 pct q/q s/adj (reuters poll +1.7 pct)
  • China revises Q1 2016 gdp to +1.3 pct q/q vs +1.2 pct q/q
  • China stats bureau says economy still faces complex internal, external environment
  • China 2016 gdp +6.7 pct y/y
  • China revises Q4 2015 GDP to +1.5 pct q/q vs +1.6 pct q/q
  • China stats bureau says foundation for stablisation, improvement in economy still not solid


“He Is Going To Fail”: Georges Soros Slams “Would Be Dictator” Trump

Billionaire investor George Soros spoke to Bloomberg TV in Davos, and said the euphoria among stock investors since the victory of President-elect Donald Trump will end as uncertainty takes over.

In an interview that may have been even gloomier than his last address to Davos in January 2016, when he said he was short the market, predicted a Chinese hard landing, and said the Fed’s hike was a mistake, on Thursday Soros unleashed the hate, saying America has elected a “would-be dictator” as president, the European Union is disintegrating, U.K. Prime Minister Theresa May won’t last long as her nation prepares to secede from the EU, and China is poised to become an even more repressive society.

Talking his book, Soros said that ‘Uncertainty is at a peak, and actually uncertainty is the enemy of long-term investment,” said the chairman of Soros Fund Management. “I don’t think the markets are going to do very well. Right now they’re still celebrating. But when reality comes, it will prevail.”

As a reminder, the WSJ reported last week that Soros lost nearly $1 billion as a result of the stock-market rally spurred by Trump’s surprise win in November. Soros became more pessimistic immediately after Trump’s election. But stocks rallied on expectations that Trump’s policies will boost corporate earnings and the overall economy.

The key highlight of the Soros interview, however, was his vicious slam of his nemesis, Donald Trump, saying “I have described him as an impostor and con man, and a would be dictator” and said that “I’m personally convinced he’s going to fail” because the “the policies that guide him are inherently self-contradictory.”

Overnight US Market :Dow closed -72 points

The Dow Jones industrial average erased its gain for the year on Thursday, part of a pullback for stock indexes as Treasury yields continued their upward march.

The Dow Jones industrial average fell 72 points, or 0.4%, to 19,732.40. That puts the Dow down about 32 points for the year and will makes this the fifth straight day of losses. The Standard & Poor’s 500 index fell 0.4% to 2,263.69. The Nasdaq composite fell 0.3% to 5,540.08.

Four stocks fell for every one that rose on the New York Stock Exchange.

Stocks have slowed in 2017 following an electrifying jump higher since Election Day. Investors are waiting to see what a Donald Trump presidency will really mean for stocks. They’ve already seen the optimistic case, as shown in the nearly 6% jump for the S&P 500 since Donald Trump’s surprise victory of the White House, propelled by expectations for lower taxes and less regulation on businesses.

But on the possible downside, increased tariffs or trade restrictions could mean drops in profits for big U.S. companies.

Bond yields continued their march higher, and the 10-year Treasury yield rose to 2.47% from 2.43% late Wednesday. Yields have generally been climbing since Election Day on expectations that President-elect Donald Trump’s policies will spur more inflation and economic growth. The 10-year yield is still below its perch above 2.60% that it reached in mid-December, but it’s well above the 2.09% yield it was at a year ago.

Reports have shown that the U.S. economy has been improving recently, and the latest on Thursday showed encouraging signs for the housing and labor markets. The fewest number of workers sought unemployment claims last week in 43 years, a sign that corporate layoffs are subsiding.

USDJPY is trading at new highs

Tests trend line resistance area

The USDJPY is trading at new session highs and in the process is testing a downward sloping trend line and a horizontal line of swing highs and low on the hourly chart. We are trying to move above that area now (above 115.195)
Be aware that if there is more momentum higher on the break, the 50% at 115.58 is the next target, followed by the 115.85 area. At that level is the 100 and 200 bar MA on the 4-hour chart both come in at that level.  That combination should stall a rally.
US bond yields – unchanged at the start of the NY session – area higher. The 10 year yield is up 4 basis points. The US housing data was ok and the initial claims and Philly Fed index were also favorable.  So the dollar bulls are more comfortable again.

Draghi refuses to comment on Trump EU claims; tells Germans to ‘be patient’

Mario Draghi has refused to respond to Donald Trump’s claims on the EU’s disintegration, saying he was unwilling to talk about the president-elect’s stance that keeping the federalist project together will be “harder” than imagined.

At his latest press conference in Frankfurt, Mr Draghi said he would only respond to “policies rather than just statements”, ahead of Mr Trump’s inauguration as president tomorrow.

The Italian was however more vocal on German criticism of the ECB’s record low interest rates, telling savers in Europe’s largest economy to “be patient” in the wait for higher interest rates.

“Real rates will go up” as the recovery regains momentum he said.

Mr Draghi’s broadly dovish tone on inflation has seen the euro weaken to its lowest in 10 days this afternoon. The ECB president said much of the recent spike in prices was down to higher energy prices with wage growth and other evidence of higher economic activity still low.

He also refused to make any comment on the looming bailout of one of Italy’s biggest banks and the implementation of new EU rules which will impose losses on junior bondholders.