Big Picture – Bulls on the way

 

Big Picture analysis of the markets for 7th Aug 2020. All indicators show signs that Bulls are on their way back to the way back to the markets. Market gets into neutral zone, which shows that, caution is the need of the hour for trend followers. Mean reversion systems to work perfectly well in non-trending zone.

Mutual Fund Stops – 07-08-2020

Stop loss values for Mutual Funds tracked and recommended by us.

Pharma funds have reached 15% lock in profits. Trend is likely to continue for few more weeks. Value funds are leading with good returns now due to the big drop that facilitated them to pick best bargains. When value funds perform, they give very big returns.

Use stop losses for all your positions, it helps protect your profits as well as your capital.