Invest Without Emotions
A quick look at the results of some of our most popular investment strategies over the last 200-days.
*BRK denotes returns after assuming a brokerage of 0.1% and an STT of 0.1%
A complete list of Themes and investment strategies can be found here.
Summary: Jan NIFTY 12200 calls added 19,03,275 contracts while 12200 calls shed 6,46,725. On the Put side of the equation, the 12200 strike added 15,87,825 while the 12000’s shed 8,15,775.
Dotted lines indicated actual underlying volatility. Solid lines are IVs.
| MINTs | |
|---|---|
| JCI(IDN) | -0.03% |
| INMEX(MEX) | -0.49% |
| NGSEINDX(NGA) | -0.02% |
| XU030(TUR) | -0.30% |
| BRICS | |
|---|---|
| IBOV(BRA) | +0.96% |
| SHCOMP(CHN) | -2.75% |
| NIFTY(IND) | +0.61% |
| INDEXCF(RUS) | -0.01% |
| TOP40(ZAF) | -1.86% |
| Energy | |
|---|---|
| Brent Crude Oil | +0.00% |
| Natural Gas | +0.47% |
| RBOB Gasoline | +0.20% |
| Ethanol | +0.00% |
| Heating Oil | -0.09% |
| WTI Crude Oil | +0.09% |
| Metals | |
|---|---|
| Copper | +0.00% |
| Gold 100oz | +0.00% |
| Palladium | +0.49% |
| Platinum | -0.26% |
| Silver 5000oz | +0.00% |
| MINTs | |
|---|---|
| USDIDR(IDN) | -0.38% |
| USDMXN(MEX) | +0.01% |
| USDNGN(NGA) | +0.35% |
| USDTRY(TUR) | +0.00% |
| BRICS | |
|---|---|
| USDBRL(BRA) | -0.26% |
| USDCNY(CHN) | +0.57% |
| USDINR(IND) | +0.11% |
| USDRUB(RUS) | +0.00% |
| USDZAR(ZAF) | -0.10% |
| Agricultural | |
|---|---|
| Corn | -0.44% |
| Soybean Meal | -0.10% |
| Wheat | -0.26% |
| Coffee (Robusta) | +0.00% |
| Feeder Cattle | +0.00% |
| Lean Hogs | +0.00% |
| White Sugar | +0.00% |
| Cattle | +0.00% |
| Coffee (Arabica) | +0.00% |
| Soybeans | -0.08% |
| Cocoa | +0.00% |
| Cotton | +0.19% |
| Lumber | +0.00% |
| Orange Juice | +0.00% |
| Sugar #11 | +0.00% |
Out of 43 world ETFs listed in NYSE that we track, 15 are trading above their 10-day SMA and 38 are trading above their 50-day SMA.
Why it can make sense to pay exorbitant asset-management fees
A SURE WAY to irritate a private-equity manager is to say the “T” words: two-and-twenty. Their eyes roll: this again. Two-and-twenty (or 2-and-20) is, or used to be, a common fee arrangement for a certain class of asset managers. It comprises a 2% annual fee and 20% of the profits.
Europe has good and bad reasons for wanting more babies
IT TAKES SURPRISINGLY little effort to get a Eurocrat to talk about sex. The European Commission plugs its various exchange programmes with cartoons of young people dreaming of meeting hot Spanish ladies and hunky French men.
Sebi to enhance social media surveillance
Mumbai: The Securities and Exchange Board of India (Sebi) is in the process of creating a data lake project to augment its analytical capability and surveillance specifically aimed at social media, said Ajay Tyagi, chairman Sebi, at a research conference organised by the markets regulator and NISM.
But r<g may jeopardise central bank independence
However, the extra resources stemming from such low interest rates do not necessarily reinforce central bank independence; instead, they may jeopardise it.
Underutilized Fixed Assets – kwokchain
Every marketplace is unique. But every successful marketplace is unique in the same ways. Historically it’s very hard to find a successful marketplace that wasn’t built on an underutilized fixed asset. Airbnb is a canonical example of this. Someone has a guest bedroom.
Banned cryptocurrency to uphold integrity of banking system: RBI
The central bank, through senior advocate Shyam Divan, argued that though there was no formal ban on cryptocurrencies under any law in existence in India, it had consistently been warning all those dealing with virtual currencies of the risks inherent in them.
Check out our Global Macro Dashboard for currency, commodity, bonds and credit charts.
Good luck!
NIFTY Summary:
Our trend model indicates a LONG on the NIFTY and LONG on the BANKNIFTY.
| NIFTY.50 | NIFTY.BANK | |
|---|---|---|
| 3 | 109.08 | 480.33 |
| 5 | 109.34 | 470.58 |
| 10 | 108.68 | 445.37 |
| 20 | 105.98 | 411.38 |
| NIFTY 50 | NIFTY BANK | |
|---|---|---|
| TrueRange | 94.90 | 465.90 |
| TrueHigh | 12189.00 | 31087.25 |
| TrueLow | 12094.10 | 30621.35 |
Dotted lines indicated actual underlying volatility. Solid lines are IVs.
5-day forecast based on ARMA(0,0)+GARCH(1,1) model:
| VIX | 14.15 | 14.15 | 14.15 | 14.15 | 14.15 |
| σ | 1.71 | 1.71 | 1.70 | 1.70 | 1.70 |
Securities under ban today: YESBANK.
