Mi50 closed at +34.13% for the FY a gain of almost 4 pct on the week. The nifty closed at +4.9% for the FY up 0.6% for the week. The drawdown reached a low of 21.77% on monday but has clawed back to about 16% by EoW today. Strategy now is operating on 24 stocks … Continue reading The markets starts to thaw…

The wave against emerging markets continue and so far the feeling is that this is a healthy correction. It may be coincidental, but it is good that the Demonetization purge is happening alongside. Mi50 has closed the week at 30.42% vs 4.3% and 7.1% for Nse50 and CNX500 for the FY respectively. The draw-down reached … Continue reading Mi50- testing real draw-down phase now..11 exits.

Modi and Trump changed the world for India this week. Wild gyrations and surprise moves created oceans of adrenaline while mi50 meandered through the maze with relative less bruises. Mi50 has closed the week at 37.19% vs 7.2% and 10.4% for Nse50 and CNX500 for the FY respectively. The draw-down reached about 17% intra-day on … Continue reading Mi50’s TRUMPet stands MODIfied this week…!

Finally a correction starts in the market. Mi50 closed at +43.13% absolute vs 47.77% last Friday. Nifty and S&P500 gains for the year to date are 9% and 12.7% respectively. We are comfortable from a relative point of view. Draw down at end of week was -6.88%, the worst since we started. The stocks that … Continue reading Deep Cut, 7 stocks out, 1 in