Dr. Sean began his career as a medical physician until a chance conversation with the nephew of a fellow physician led to his discovery of the kind of profits that can be made trading in the stock market.
2. Financial markets rise on better than expected data
• Sean Seshadri mentioned that we are at a significant level on
the s&p index and should see a rise in prices as the key
indicators aligned after the August 16th close.
• The future markets indicated a higher open as Lux
investments instructs its traders to look at the foreign
markets before the open.
• We received slightly optimistic news at 830am as the
Building permits and PPI were expected to move the
markets.
3. Financial markets rise on better than expected data
• There was a slight increase in housing and a modest jump in
industrial production.
• The markets initially fell on this news but found a key level of
support and then rallied to a close of more than 103.84 at
10,405.85.
• There was significant resistance later in the day at a high of
10,480 where investors sold into the close at 10,405.85.
4. Financial markets rise on better than expected data
• The earnings for major retailers were responsible for the
increase in trader sentiment which caused an increase in
buying earlier in the day.
• Sean Seshadri wants traders to look at the strength of
individual stocks relative to its broad market, and there large
movers in the markets today.
• Lux investments during this period of time where volume is
light is unsure of whether this move up is significant as many
traders are on vacation in the summer months and will
return in September.
5. Financial markets rise on better than expected data
• Sean Seshadri stated that the economic reports suggest that
the economy is growing although very slowly.
• Institutions need to see follow-thru before they put
additional capital to work. Overseas markets also faired well
in Europe with major indexes rising more than a 1%.
6. Financial markets rise on better than expected data
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