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7 threads that will teach you more about Stocks & Money than any business degree:

1/ Who: @10kdiver

What: The Magic of Compounding

Tweet:


2/ Who: @naval

What: Principles to wealth creation

Tweet:


3/ Who: @SteadyCompound

What: The Warren Buffet way of Investing

Tweet:


4/ Who: @Akshat_World

What: Understanding Inflation

Tweet:
A professional logo could cost your startup $1,000 or more.

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The most important question now on the mind of all analysts and traders. Is this a bear market rally or is this the start of a bull move. Retweeting this as I will need a few tweets to explain my view


Everyone knows the HH-HL or LH-LL as per Dow theory. This can be a bit confusing on how one marks the Highs and Lows. Long back, I picked up this trick from one of the neo-Dow theorists on what to do in scenarios like this

Simply plot a 5 period exponential moving average on a different panel. A 5-EMA simply shows you a running weekly perspective and kind of smoothens the price where a single spike high/low is not of that much importance

You will see this 5-ema also making HH.HL.LH.LL. So now, rather than focusing on the highs/lows on the charts, focusing on highs/lows on the 5-ema gives a cleaner perspective

As per this charts, unless the 5-ema now closes above 17540 ( the ema, not Nifty price) I will not play this as a bull market. I will deal with this market as a counter move against the major bear trend