India: Best-Looking Equity Market in the World?
Below I plot the Bombay Sensex (BSE) Index going back to 1980 on the left, and 2001 on the right. The long-term view reveals that the BSE has performed excellently over time. It also reveals that it tends to make…...
Clandestine Indian Bull Market
I’m embarrassed and quite disappointed in myself to have admit this, but I completely dropped the ball on India this year. Indian stocks have experienced a clandestine bull market this year, with the Sensex up an incredible +17% vs. ~+3.5%…...
Sensex Near a Break Out From Three Year Consolidation Pattern
For those that would like additional background on this topic, please refer to our earlier post on the subject. Otherwise, in the chart below, the Sensex appears to be attempting a break-out from a three-year flag/consolidation pattern. As of yet, NO…...
Repeating Fundamental & Technical Patterns in India/Bombay Sensex Suggesting a New Up Leg in EM Secular Growth Phase?
Coming into 2012 we figured the year would be up or down big given we had just finished a third straight up year in what was ostensibly a secular bear market, which had happened only one other time in 100…...