The Good Bad and Ugly weekly review : 10 Feb 2023

7 min read

Though selling pressure seems to have reduced, Nifty is still trading within the budget candle range. Nifty remained absolutely flat this this week and with some buying pressure, we may see the index crawling above the resistance around highs of budget day (18000). We saw sharp selling from 18200 levels recently which will act as a very strong resistance going forward. Once we surpass this, we may see a clean journey towards a fresh all time high. Let’s see how things pan out.

Nifty returned a dull 0.01% this week while Smallcaps and Mid-Small 400 enjoyed a decent outing clocking 0.9% and 1.6% this week. A hard beating across Adani group of stocks resulted in Nifty Jnr losing almost 8% in the last 30 days while the other indices lingered around the 1-2% mark. It has been a long period of consolidation and we hope we’ll have strong lasting rallies as soon as we get a break out.

All sectors returned between (-2%) to (+2%) this week. The talking point however is IT’s superb comeback topping the 1 month & 3 month charts with a superb (+8.3%) in each of these periods. Another noticeable fact was METALS and ENERGY losing a whopping 14% in the last 1 month.

WeekendInvesting strategies performed in line with the markets with Mi ATH 2 leading the pack clocking (+3.6%) gains. Mi 30, Mi 25, Mi 50 & Mi NNF 10 all did decent to witness 1% plus gains. The last 30 days has been a time to forget as all strategies and benchmarks have remained negative while we hope for a quick turnaround of fortunes so that we can finish FY 23 on a happier note.

WeekendInvesting Loyalty Discounts <W I L D>

We also adopted – Customer Bhagwan Che along with the famous Bhav Bhagwan Che philosophy right since the day we started offering services for retail & we are pumped to launch WeekendInvesting Loyalty Discounts < W I L D > primarily aimed at rewarding WeekendInvestors who have reposed faith in our strategies by staying subscribed for long periods.

This initiative is in the same line of thought as many of our other customer centric initiatives like the Daily BytesDaily InsightsUser Manual, FAQ Booklet, WeekendInvesting HUB#askweekendinvesting seriesWeekend Chat with WeekendInvestors and also not to forget our lightening quick email responses.

Who is eligible for W I L D ?
WeekendInvestors who have spent 1 year/ 2 years / 3 plus years of continuous time in annual subscriptions.

What are the features of W I L D ?
If you have completed 1 year of annual subscription in any strategy, you shall be eligible to use a special code that gets you a 20% discount , 2 years will unlock a 25% discount and folks who have spent 3 plus continuous years shall get a 30% discount.

You will receive a whatsapp message from Team WeekendInvesting with details of the code at the time of your renewal.

This discount code can be used to 

(a) renew your current subscription and 
(b) enable you to subscribe to any other strategy(s) of WeekendInvesting at the same discount using the same code which will be valid for a maximum period of 30 days.

You may go through the blog on WILD here

SHORT COURSE to Help you Stay Calm in All Market Conditions

Usually, quick – sharp corrections amidst a Bull Run creates ambiguity in the minds of lots of new investors. The most important question we often get asked is whether markets will crash from here. Should we exit? and a few other questions like these. We have made several videos to help you clarify many such questions and help you have the RIGHT MINDSET for a rewarding journey in investing.

We have put together a few of our previous Daily Bytes which we think might be relevant for times like these. Do have a look and send us your thoughts, questions or comments if any.

The smallcase products are all LONG ONLY products that invest in various subsegments of the markets but have the momentum theme underlying in all of them. The strategies will pick strong outperforming stocks and remove weak ones once a week (except Mi NNF10, Mi EverGreen & Mi India Top 10 which is monthly rebalanced)

These are all long-term strategies that will create enormous wealth in each upswing and then maybe give some back in the downswing and repeat this process again and again achieving the compounding effect. With patience and grit to follow strategy over ups and downs over the last nearly five years, it has been shown that much superior CAGR returns are possible than the benchmarks.
FY22 was also superb and I will let the numbers speak for themselves. You may read the Consolidated FY22 report.

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.

The performance of all strategies across various timeframes are listed below.

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.

WeekendInvesting Daily Insights – A New Initiative

We started a new initiative called – WeekendInvesting Daily Insights to share quick 1 minute content that can help you in your investing journey. Please do take a look at this week’s episodes by clicking on the image below.

STAIRS Revamped Models

STAIRS is a LONG / SHORT derivative strategy that is designed to offer an uncorrelated diversification option to your equity portfolio. STAIRS will do well when there are up trends & also when there are down trends while giving up some of the gains when markets remain rangebound/volatile.

You may go through our latest weekly report for more details.

All 4 STAIRS models go in line with our fundamental philosophy of making the most and compounding aggressively when markets give us trends and go very defensive as trends fizzle out and enter a rangebound territory, thus providing robust capital & profit protection.

Effectively – STAIRS is a complete trading system (Futures & Options) that covers each of the following decisions required for a successful trading outcome:

• Markets – What to buy or sell?

• Position Sizing – How much to buy or sell?

• Entries – When to buy or sell?

• Stops – When to get out of a losing position?

• Exits – When to get out of a winning position?

We also run a dedicated telegram channel for STAIRS which you may join using the below link.

STAIRS CY 2022 Performance Report

Testimonials

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    The Good Bad and Ugly weekly review : 10 Feb 2023