Review: US stock market prediction for the august 2009
| Monthly gain in index/portfolio | % gain over last month closing | Remarks |
Dow 30 | 324.92= ( 9496.28-9171.36 ) | 3.54% |
|
Nasdaq comp. | 25.31= ( 2009.61-1984.30) | 1.276% | Underperformed other two indices |
S&P500 | 33.87= (1020.62-986.75 ) | 3.43% |
|
Prediction based Kaching Trading portfolio | $1.479 m= ( $10.979million-$9.50 million or less ) | 15.57% | Kaching account shows a monthly return of 23% which is probably wrong |
- See the monthly chart for Dow 30 index and compare with the prediction given for the month.
- As seen last ten days approx saw maximum gain in US markets
- Our Kaching trading portfolio based on intra day ,weekly and month predictions gave an astonishing return of 15.57% outperforming all key indices. Even from from original allocation of $10m, growth in portfolio is 9.979%. Please note we did not trade on all days and did not book profit on most days. ( portfolio value was over $11.27million on Friday closing).
Monthly prediction for US market will be available on pay and access mode ( access 6 times) on mobile site ckal.mobi in next 48 hours.( Please access only when notice on available is posted). This facility is for all traders based in US,Canada and other foreign countires trading in US market- not open to Indian residents)
Prediction as posted for August 2009 below
Outlook/prediction of US stock market,Dow 30, Nasdaq composite in August 2009 ( based on Tarot cards)After a correction US market in this week and early part of next week ,dow jones index likely to gain amidst choppiness and volatility. Last phase of August( last 10 days approx) will be best.However US indices may make modest net gains over July closing value. S&P 500 index may outpefrom other indices.Strategy: Buy index (Dow 30 or S&P 500 index) call options after the indicated correction in early part of this monthDisclaimer: Risk/responsility lies solely with those using these predictions