The WeekendInvesting Newsletter

Freshly Brewed - Market Perspectives from WeekendInvesting Research Desk

Why Gold is breaking out in all currencies ?

The US dollar index is a significant indicator of the strength or weakness of the US dollar when compared to a basket of six other currencies. When the US dollar index moves up, it suggests that the dollar is gaining strength against other currencies. On the other hand, when the index moves down, it means that the dollar is weakening in comparison to other currencies. Over the past few decades, there have been three major movements in the US dollar: a strengthening phase until 2001, a weakening phase from 2001 to 2008, and a strengthening phase from 2008 onwards.

Historically, there has been an inverse relationship between the US dollar index and the price of gold. As the US dollar strengthens, the price of gold tends to decrease, and when the US dollar weakens, gold prices tend to rise. This correlation is due to . . . .

Can you do what Mr Jhunjhunwala did ?

Titan, a renowned Indian consumer goods company, has witnessed an exceptional journey of success and wealth creation. Investing in Titan has been regarded as one of the biggest missed opportunities of a lifetime. However, this success story is not without its challenges and risks. In this article, I will delve into the remarkable trajectory of Titan Company’s stock and the lessons it offers to investors.

The logarithmic chart of Titan Company showcases its remarkable performance. Over the years, Titan’s stock has experienced significant growth, soaring from Rs700 to an astonishing Rs3300 since the onset of the COVID-19 pandemic. This spike in value signifies. . . .

WeekendInvesting Daily Byte

The day started with the market opening flat, but then quickly dipped, nearly covering the gap from two days prior and reaching a low near 19,700. However, the market swiftly rebounded and closed strongly at 19,811. This indicates that the market is utilising every opportunity to shake off weak hands and reaffirm its resilience. The Nifty index is displaying a strong refusal to give up, even in the face of adversity.

The Stock of the day is CG Power. . . .

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