A quick introduction to the Weekend Investing app, now available on Google Play and App Store. The app has been received with great enthusiasm, with over 5,000 users already joining. We encourage all weekend investors to download the app, as it provides numerous benefits and features that can enhance your investment experience.
By joining the app, you will receive immediate notifications for urgent messages from us. Additionally, all our content, including YouTube videos and Twitter posts, can be accessed in one place. This ensures that you stay up to date with relevant and valuable information. Moreover, the app allows you to interact with our team, ask questions, and provide feedback. It offers a seamless and convenient channel for communication between investors and our support team.
One of the key advantages of the app is access to exclusive educational content and strategies tailored specifically for weekend investors. We offer educational US strategies, trend analysis posts, market psychology insights, and much more. By leveraging these resources, you can enhance your investing knowledge and make informed decisions. Furthermore, the app provides opportunities for online and offline meetups exclusively for WeekendInvesting subscribers, allowing you to engage with fellow investors and expand your network.
A unique feature of the app is the ability to book a one-on-one call with the Weekend Investing team. This personalised support ensures that you receive prompt assistance and have your queries addressed directly. Additionally, a chat feature is available to provide immediate solutions to any questions or concerns you may have. The aim of the app is to facilitate seamless interaction and provide phenomenal support to all weekend investors and app users.
Introducing “The WeekendInvesting Newsletter”
Another brand new initiative from our Research Desk is The WeekendInvesting Newsletter. This is a daily newsletter that summarizes all the stories we cover during the day(market nuggets), including the daily byte that we shoot every evening. This newsletter will be delivered to your email every evening on market days, providing you with a wealth of market-related information. The newsletter includes both summaries and long-form blogs for all the market nuggets covered. These blogs are also linked to the videos we shoot, so you can choose to watch or read the content according to your preference.
Check out our newsletters for this week.
From the Research Desk of WeekendInvesting
Never judge a book by its cover !
Have you ever heard the saying, “never judge a book by its cover”? It implies that things may not always be what they seem at first glance. This concept holds true not only in life but also in the stock market. Some stocks, often referred to as “ugly duckling stocks,” may surprise investors with remarkable gains despite their unimpressive appearances.
What does a Monthly candle of 1000 points mean ?
The month of November 2023 opened at 19,064 and closed at 20,133, indicating a gain of approximately 1100 points. Such a substantial gain in a single month is a rarity in the market. Looking back over the past few years, there have only been a few instances of a thousand-point move in a month.
India is in a sweet spot vs rest of the World
In this article, we highlighted the relationship between nominal GDP and public debt in several countries, namely Germany, France, Italy, Spain, UK, USA, and Canada & throw light on the alarming levels of public debt in these countries, which range from 250% to 350% of GDP.
Gold has long been considered a safe-haven investment, especially during times of economic uncertainty. The price of gold is influenced by various factors, including supply and demand dynamics, geopolitical events, and market sentiment. However, one of the most significant factors that influences the price of gold is interest rates. In this article, explored the relationship between interest rates and the price of gold.
How do the same strategies perform in the US markets?
In the world of stock markets, finding the best approach can be a challenge. However, data from the last 20 years provides some compelling evidence for the success of the US top 10 educational strategy. This strategy has consistently outperformed the S&P 100 index, showcasing its potential to generate significant returns. We tried to dive deeper on this subject in this article.
Will markets go up as interest rates come down ?
Interest rates play a crucial role in shaping the behavior of financial markets. They have a significant impact on various asset classes, including stocks, bonds, currencies, and commodities. Understanding the relationship between interest rates and market performance can provide valuable insights for investors. In this article, we explored the correlation between interest rates and market declines, examine the factors that influence interest rate movements, and discuss their potential implications for global financial markets.
How valuations can deceive you !
According to a recent report, the stock valuations in India are at a premium compared to their ten-year average. However, upon closer examination, it becomes clear that this analysis fails to consider the inherent nature of bull markets and the fluctuations in stock valuations. Read more to understand this . .
Roadmap for next 20 years for Indian markets
In this article, we dug into the data presented by Visual Capitalist that showcases the global wealth per person on both average and median basis and the insights to be derived from this analysis.
A WALL OF LIQUIDITY is coming to INDIA
In a recent news story that may have been overlooked, the Federal Retirement Thrift Investment Board announced a significant change in the benchmark index used for their $600 billion retirement fund. This change will have a ripple effect on the market, resulting in the shifting of assets and potentially benefiting certain countries. The shift from the MSCI EAFE index to the MSCI ACWI IMI ex USA ex China ex Hong index will have a notable impact on India, making it the second-largest beneficiary of this change.
Time for India to take off is coming !
In recent times, there has been a notable increase in the flow of foreign direct investment (FDI) into India. According to the latest statistics, FDI has risen by approximately 10% in the current calendar year, which is a remarkable achievement. The numbers speak for themselves: in the month of November alone, the FDI inflow reached a staggering 1.75 lakh crores. Read the article to know the implications of this.
Markets this week
Nifty had a remarkable gap up on 04 Dec 2023 (start of the week) and then continued on the momentum for the next couple of sessions before consolidating for the next few days. On the weekly chart, we witnessed a breakaway gap up candle indicating an extremely bullish trend.
Benchmark Indices Overview
Nifty clocked 3.5% this week but the winner was Nifty Jnr at a massive 4.4% gains while Smallcaps and midcaps were relatively weaker though not bad at all. Smallcap 250 tops the FY 24 charts so far having clocked a massive 53% gains with Mid-small 400 following at 47% gains.
WeekendInvesting Overview
Mi 20 has been absolutely stunning clocking a spectacular 85.8% this FY 24. We would also like to break this news on this week’s report that the strategy will soon be closed for new subscriptions. So if you are still on the fence, please go ahead and add this phenomenal mid&small cap strategy to your portfolio. HNI Wealth Builder clocked 0.5% this week and a whopping 67% this FY 24. Mi 35 has been doing extremely well too clocking 1.3% this week and almost 70% this FY 24. Mi ATH 2 was the top gainer of the week at 3.7% followed by Mi ST ATH and Mi NNF 10 recording 3.6% and 2.5% respectively.
Overall, fantastic performance in the first 8 odd months of FY 24. Let us hope to close out this financial year on a high.
Sectoral Overview
Energy sector was splendid at almost 8% this week followed by PSU Banks and PSE’s at about 6% each. Except for defensive sectors like FMCG and PHARMA, all other sectors did quite well this week. On the FY 24 chart, Realty continued to top with a whopping 90% gains followed by PSE at 63% and PSU Banks at 47%.
PSE continues to take up the top spot on the short term momentum chart with consistently good performance followed by ENERGY, COMMODITIES and INFRA occupying the next few spots. REALTY has moved to the #13 on the 10 day ranking despite churning out decent numbers primarily due to the stronger relative performances put in by other top sectors. METALS have gained momentum while FMCG, IT and GOLD continue to languish at the bottom. BANKS have gained strong momentum after consistently underperforming for the last many weeks.
SPOTLIGHT – 26% CAGR on a large cap strategy ?
Large cap based strategies predominantly are known for their relative stability and not a high CAGR performance. Mi NNF 10 has been exceptional to have returned a handsome CAGR of 26% in the last 3 years despite operating in the large caps space.
The most important metric we have repeatedly highlighted across our communication is the importance of allowing the winners are allowed to run far while losers are chucked out of the portfolio very early.
The average winners earns 32% while the average loser gives away only 9%. The biggest winner has yielded a massive 285% while the biggest loser has given away 27% only thus paving way for alpha creation in the portfolio.
Here’s a brief summary of the strategy.
Check out the detailed video below
We have a special offer for you on Mi NNF 10 only for a short period.
Use code NNF2X15 to avail a 15% discount on Mi NNF 10 (Valid only till end of 11 Dec 2023, Monday)
Rebalance Update
We give advance notice here on the upcoming changes in your smallcase for Monday. This advance notice can be used to ignore Monday’s update if there is no change. If there is a change indicated you can use the smallcase app or log in to weekendinvesting.smallcase.com to see the rebalance. A backup email is sent by mid-day Monday if you have not rebalanced by then and yet another one a day later.
Note: We are not including LIQUIDBEES as an ADD or an EXIT count.
WeekendInvesting Strategies Performance
WeekendInvesting Products – LIVE Index Data
Many of you had asked us to make the index series of all WeekendInvesting Products available so that you could perform your own analysis and studies. You can find a link to the LIVE sheet here and also on the HUB under the support column in the content tab.
WeekendInvesting Telegram and YouTube Channel
We post daily content related to investing on our Weekendinvesting Telegram Channel and YouTube channel to help our community take stock of the performance of markets, sectors & our products and touch base upon a new topic every day. We look forward to having you all there! Several videos in this blog are from this series.
Introducing M Profit
That’s it for this week. See you in the next week’s edition !
