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
US Markets close to a Major Breakout !
The US markets, specifically the S&P 500 index, have undergone a remarkable rally from the end of October 2023 Starting at 4100, it has surged nearly 12%, reaching an impressive 4600. The steady ascent, reminiscent of a cup and handle pattern, has brought us to a July high, challenging levels not seen since March 2023.
Have the markets changed in the last decades ?
In this article, we explored the historical trajectory of the Nifty chart on a logarithmic scale, shedding light on the market’s evolving trends over the years.
Where is Gold headed in Long term ?
In this article, we navigated through the Gold chart, decipher patterns, and explore potential scenarios for gold’s future movements.
Can Index investing work forever ?
in this article, we explored the recent performance of the Hong Kong market, highlighting the potential pitfalls of relying solely on blind indexing.
Allow your strategy to pick great stocks
In this article, we delved into the story of Broadcom Incorporated and how it has proven to be a winning stock for its investors in the markets.
One trend that has caught the attention of experts is the increasing number of young adults who continue to live with their parents. This phenomenon, which was considered unusual in Irish society, has now become more prevalent. A recent post by Holger Zschaepitz on Twitter shed light on this issue, revealing that 64% of Irish adults aged 18 to 34 still reside with their parents in their primary homes. We discussed the impact of this trend in detail.
Buffet books loss but gets lucky !
Warren Buffet, the legendary investor and CEO of Berkshire Hathaway, recently made headlines with his exit from Paytm, India’s leading digital payments provider. Paytm’s stock had witnessed a significant downfall since its IPO listing in 2021, and Buffet’s decision to exit the investment has raised eyebrows in the market.
China Deflation – Can it cause a global epidemic ?
In this article, we explored why China’s deflation is a cause for concern and its potential impact on the rest of the world.
In this article, we delved into the reasons behind this derivatives trading mania, its potential impact on investors, and the broader implications for the Indian market.
In this article, we’ll explore the insights provided by renowned cycle analyst Gary Savage and his analysis of gold’s long-term cycles.
Markets this week
After a flat movement in the previous week, Nifty saw a significant rise from 29th November to 7th December. However, in the last few days of the previous week, the market experienced a slight decline. The market then took off in the last three sessions after the Federal Reserve announced expectations of three rate cuts next year. As a result, the market is currently pricing in three rate cuts with no further rate hikes anticipated.
It’s important to note that historical data suggests that markets may not continue to rise indefinitely as rates get cut. Typically, markets tend to reach a peak or consolidate after the first rate cut. Therefore, it’s crucial to keep an eye on market trends as we approach the first rate cut, which may occur in March, April, or May.
While many believe that rates will keep getting cut and the market will continue to rise, it’s essential to understand that this scenario is not guaranteed. Markets may still go through rate cuts, but it’s wise to anticipate some consolidation after the initial cut. The Nifty has seen significant growth in a short period, reaching 21,400 from 19,000 just a few weeks ago. This reminds us that markets are unpredictable and can surprise us at any time.
Benchmark Indices Overview
Nifty next 50 was the leader of the current week sitting with 2.7% gains while all other indices ranging between 2.3% and 2.6%. Smallcap 250 has been fantastic this FY 24 clocking gains of 57.3% followed by Mid-small 400 at 51%. Nifty 50 has been quite solid returning 23.6% too.
WeekendInvesting Overview
Mi MT Allcap has come back with a vengeance this year after under performing for about a year and a half clocking 62% this FY 24 and 5.6% this week. This speaks volumes about the importance of staying patient with your strategies and allowing them to maneuver through market cycles. Mi 20 has been exceptional this FY clocking almost 93% nearing the coveted 100% mark. However, a very less known strategy would be Mi 35 which has been a silent performing raking in a superb 76% this FY 24. HNI Wealth Builder has also been doing well clocking 3.1% this week and 72% this FY 24.
Overall, fantastic performance across the board as we near the end of Q3 FY 2024.
Sectoral Overview
IT has come back in an exceptional fashion clocking a massive 7.2% this week with a 24% gain in terms of the FY 24 performance almost in line with Nifty 50. PSU Banks, METALS and PSE have been quite robust occupying the top spots of the week and also the FY 24 table. REALTY continues to do well just under 2% away from 100% gains in FY 24.
IT is the show stopper having secured the first position in the 10 day momentum ranking chart. This index has seen a huge gain from 13th position (in the 20 day chart) to 1st (10 day chart). METALS have slipped to #10 but REALTY 7 PSE have continued to remain robust taking the top 2 spots. GOLD, FMCG & PHARMA took the last places.
SPOTLIGHT – SUZLON in Mi 35
Suzlon witnessed a massive fall of 99.6% from its peak in 2008, dropping from over Rs 400 to as low as Rs 1.5 ( a massive 99.6% fall).
However, since 2020, the stock has shown a remarkable recovery, currently trading at around 38 rupees. Mi 35 entered this stock at 14.7 rupees around mid Jun 2023 and has held it until now, with returns at a superb 163%. This highlights the power of momentum investing where you keep biases and discretion completely away allowing the system to decide the course of action.
Mi 35 has been a superb performer hitting the coveted 2x mark this week.
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 !
