On Slack: Monday Morning Carnage in the Markets, CAPM Portfolio Changes, Will Rajan Cut Rates and More...

The Slack Discussions

The Slack group at Capital Mind Premium has been extremely active and if you haven’t been there, pop us a note by replying to this email. (If you’re a trial member this probably sound like Greek to you; it will be available when you sign up!)

Awesome discussions again!

A brief summary of some of the interesting things discussed there in the last few days:

US Markets closed in Red on 21-Aug-14 (Friday)

Markets witness 7 year lows, India follows US and China…..

#Sensex 25,741.56 / -1624.51 (-5.91%); #Nifty 7,809 / -490.95 (-5.92%)

http://www.reuters.com/article/2015/08/23/us-global-economy-idUSKCN0QS0EG20150823

http://economictimes.indiatimes.com/markets/stocks/news/sensex-crashes-most-in-seven-years-4th-biggest-in-history/articleshow/48650408.cms?utm_source=facebook.com&utm_medium=referral&utm_campaign=ETFBMain

http://www.reuters.com/article/2015/08/24/us-china-markets-idUSKCN0QT0CV20150824

http://www.zerohedge.com/news/2015-08-24/summarizing-black-monday-carnage-so-far

http://www.cnbc.com/2015/08/24/wall-street-prepped-for-meltdown-as-futures-plunge.html

Avoid Buying Put Insurance When You are Most Afraid

http://blog.alphaarchitect.com/2015/08/24/avoid-buying-put-insurance-when-you-are-most-afraid/

What else was making news:

http://www.business-standard.com/article/pti-stories/yes-bank-to-decide-on-usd-1-bn-share-sale-in-h2-115082300113_1.html

http://economictimes.indiatimes.com/markets/forex/rbi-can-use-forex-reserves-to-curb-volatility-raghuram-rajan/articleshow/48648810.cms

http://www.livemint.com/Companies/JFD1POTNZoXFjTa7Lw25BI/Amtek-unit-bondholders-look-to-move-UK-courts.html

http://wap.business-standard.com/article/companies/piramal-takes-a-contrarian-call-115082001105_1.html

Exits We Made on #actionable:

Aug 24:

Aug 25:

VC Funding: Funding Boom to a Funding Bust…??? Start-ups starting to worry….

http://www.livemint.com/Companies/lhqvkCLkR6NGS7eXpO8bCN/Is-the-funding-boom-ending-for-startups.html#ref=newsletter

http://yourstory.com/2015/08/flipkart-snapdeal-valuations-and-gmv/

Government’s IOC stake sale kicked off in the Monday blood bath:

http://economictimes.indiatimes.com/markets/stocks/news/ioc-share-sale-begins-amid-bloodbath-in-market/articleshow/48649818.cms

http://zeenews.india.com/business/news/finance/govt-stake-sale-in-ioc-subscribed-over-57-by-1-pm_134419.html

Monday Afternoon Market Updates:

An excerpt of the conversations we witnessed during the week:

**Amitvikram M: **So finally @deepakshenoy warning of being cautious in every actionable post is hitting;

Deepak Shenoy: It’s a little vindication, but now is the real work. Stick around, and don’t panic and ask if you are wondering whether to sell something. This is not a time to make big decisions, but to stick with stops.

Deepak Shenoy: Main thing here is - don’t get overeager to buy or overeager to sell.

Are Sanjoy Bhattacharyya & Porinju Veliyath Being Foolhardy In Aggressively Buying Stocks On Day Of Gory Carnage?

More reading at: http://rakesh-jhunjhunwala.in/are-sanjoy-bhattacharyya-porinju-veliyath-being-foolhardy-in-aggressively-buying-stocks-on-day-of-gory-carnage/

China stocks give up year’s gains as ‘national team’ stays on bench

Read on at: http://www.reuters.com/article/2015/08/24/us-china-markets-idUSKCN0QT0CV20150824

Is China liquidating US Treasuries?

http://www.zerohedge.com/news/2015-08-27/what-chinas-treasury-liquidation-means-1-trillion-qe-reverse

http://www.zerohedge.com/news/2015-08-27/its-official-china-confirms-it-has-begun-liquidating-treasuries-warns-washington

http://dravirmani.blogspot.in/2015/08/chinese-revelations-in-august-2015.html

Why the stock market has to go down: The Reformed Broker

Continue reading: http://thereformedbroker.com/2015/08/23/why-the-stock-market-has-to-go-down/

Take Some Deep Breaths, and Don’t Do a Thing: The NY Times

Read more at: http://www.ndtv.com/world-news/take-some-deep-breaths-and-dont-do-a-thing-1210574

Wall Street Surges for 2nd Day (Thursday) on Strong GDP Data

http://profit.ndtv.com/news/market/article-wall-street-opens-higher-after-gdp-data-1211670

Atlast Jewellery now listed

http://www.newindianexpress.com/business/news/Atlas-Jewellery-now-Listed-Entity-through-Rs-100-cr-Acquisition/2015/06/01/article2842996.ece

5 Things to Watch at the Kansas City Fed’s Jackson Hole Conference

http://blogs.wsj.com/briefly/2015/08/27/5-things-to-watch-at-the-kansas-city-feds-jackson-hole-conference/

Godrej Ind to acquire Astec LifeSciences

http://corporates.bseindia.com/xml-data/corpfiling/AttachLive/C2988586_80AB_4FDC_A88C_9E76A1CBDB4F_134711.pdf

Transgene Biotek alleges $38 mn fraud

http://articles.economictimes.indiatimes.com/2014-12-16/news/57112297_1_transgene-biotek-gdr-proceeds-dr-k-koteswara-rao

ICRA raises credit rating of Kitex Garments

http://www.icra.in/Files/Reports/Rationale/Kitex%20Garments_r_08072015.pdf

Interesting Reads:

Railways Presentation

The ultimate RSI indicator trading guide

K10 Companies Where are they now?

The Ketan Parekh scam – A Case study

Portfolio of Amansa Capital

Govt. may levy 2% cess on air tickets

Jaguar Land Rover US Sales for April 2015

How To Find 100-Bagger Stocks: Motilal Oswal’s 19th Wealth Creation Study

Signs of long-trend bear market

India to face power surplus, 300 million people may not be able to afford

Trading false moves with the hikkake pattern

Consequences Of Short Delivery – Nse/Bse

Evaluation of Momentum Oscillators

While Many Panicked, Japanese Day Trader Made $34 Million

Nassim Taleb’s Fund Made $1 Billion On Monday; This Is How The Other “Hedge” Funds Did

Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.

Disclosure: The authors at Capital Mind have positions in the market and some of them may support or contradict the material given above, or may involve a direction derived from independent analysis.