To see the bull case for #IEX one needs a bit of imagination on their side :)

Market always moves to the cheaper alternative, slowly at first, then all of a sudden.

Of all the CDMO plays, I like Bio-Tech CDMOs 🧬 the best.

1️⃣ High barriers to entry
2️⃣ Long gestation periods
3️⃣ Demand that never seems to end
4️⃣ Hockey Stick Growth as molecules move from Phase 1 to Phase 3
5️⃣ Sticky Business and

Niti Ayog is one of the best places to look at, if you want to learn more about the upcoming reforms, outlook on India for next decade and some of the most pressing economical issues of our generation.

Here is a recent one on EV charging infra.

https://t.co/BGoCTVnlRS

#IEX

At 32% CAGR, Revenue doubles every 2.25 years.
All this while margins keep increasing.

"IEX is just an exchange and will lose its share once happens. It is not a technology company"

Meanwhile 👇🏼

It's the weekend!

Grab a cup of coffee, in this thread I will explain

1. What is a Yield Curve?
2. Why is it an important indicator of Recession?
3. Is an Economic Recession around the corner?

Lets dive right in!

Before we understand a Yield Curve, lets get some of the basic terminology out of the way

1. What is a Bond?

A bond is a fixed income financial instrument which represents a loan made by an investor to a borrower

The investor typically receives payment in the form of interest and a lumpsum (principal) on maturity

The interest rate on a bond is known as coupon rate.

There are many types of bonds like

1. Zero Coupon : Pays both interest and principal at maturity
2. Sovereign Bonds : Issued by a Government or a Quasi Government Institution
3. Corporate Bonds : Issued by corporate like banks, established companies etc.

Coupon (Interest Rates) on a bond are decided based on the issuer's credit rating

The higher the credit worthiness of the issuer, the lower the coupon rate

Credit Rating on a Bond is usually assigned by credit rating agencies like Moody's or Standard & Poor's (S&P)

IEX July Power Market is out and the growth continues!

Green Market surpasses previous records setting the highest-ever volume of 726 MU seeing 76% MoM growth.

The green term-ahead market also registered the highest-ever single day volume of 153.1 MU on 16th July 2021.

#IEX
This is a cash cow in my portfolio, expect it to create wealth in the form of dividends and share buybacks.

I view this a technology company that happens to be in the business of energy exchange.

#IEX Indian Energy Exchange Ltd.
Long Term Chart #PnF 3% x 3
CMP 409.10
Tgt-750
Sl- 348 on Daily Closing Basis

IEX - The stock has been slowly making HH and HL from the recent lows. Now crossing above a crucial level of 243 with good volume support. Looks good to see 264 levels now.