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Trend-followers are becoming increasingly bullish because the stock market's recent uptrend(s) continue to lengthen beyond their expectations. While these trends are clearly unsustainable and increasingly bearish on a contrarian basis, the bullish consensus is not likely at a cyclical turning point extreme - yet.

US stocks closed out the worst week in over two years on Friday during the volatile session that watched the main indexes whip back and forth.

GST slab release impacted sensex today. The slab of 12% & 18% is clever move by the government to increase taxes on the services. It is expected that sensex will be under pressure till the time fine blue print don't come out as the slab rates are higher than expected.

Today President Barack Obama brandished his executive power and defied Republican opposition to name Richard Cordray as the first director of the new Consumer Financial Protection Bureau. Infuriated Republican leaders in Congress say the appointment could be deemed illegal by the courts.

As recession continues, the stocks of some industries profit from hard financial times. Payday lenders, pawn brokers and debt collectors benefit.

Indian economy struggled for the last 5 years & impacted the overall project of India. Post NDA government at the center and subsequent slew of policy reform inflicted positive waves within the economy. The stringent control on black money movement and management forced many businesses to release the hoarded corps which impacted the CPI, WPI.

The times of relative frugality which were caused by the financial crises seem to pass away as Americans start to borrow again, besides, in rather a big way. Debt on credit cards is constantly increasing, car loans get back their big sales in Detroit and even investors of the stock market are getting into debt again.