Weekly Recap: Hard Work ≠ Value

Equities

world equity markets 2014-06-13.2014-06-20

Major
DAX(DEU) +0.75%
CAC(FRA) -0.04%
UKX(GBR) +0.70%
NKY(JPN) +1.67%
SPX(USA) +1.46%
MINTs
JCI(IDN) -1.60%
INMEX(MEX) +0.42%
NGSEINDX(NGA) -0.93%
XU030(TUR) -0.91%
BRICS
IBOV(BRA) -0.27%
SHCOMP(CHN) -2.13%
NIFTY(IND) -0.41%
INDEXCF(RUS) -0.70%
TOP40(ZAF) +1.16%

Commodities

Energy
Brent Crude Oil +1.24%
Ethanol -3.01%
Heating Oil +2.02%
Natural Gas -3.72%
RBOB Gasoline +2.02%
WTI Crude Oil +0.36%
Metals
Copper +2.97%
Gold 100oz +3.15%
Palladium +0.90%
Platinum +1.54%
Silver 5000oz +7.18%

Currencies

USDEUR:-0.47% USDJPY:+0.05%

MINTs
USDIDR(IDN) +1.50%
USDMXN(MEX) -0.08%
USDNGN(NGA) -0.26%
USDTRY(TUR) +1.01%
BRICS
USDBRL(BRA) +0.01%
USDCNY(CHN) +0.24%
USDINR(IND) +0.69%
USDRUB(RUS) +0.18%
USDZAR(ZAF) -0.32%
Agricultural
Cattle +0.19%
Cocoa -0.41%
Coffee (Arabica) -0.54%
Coffee (Robusta) +0.30%
Corn +1.57%
Cotton +1.51%
Feeder Cattle -0.55%
Lean Hogs +10.36%
Lumber +6.89%
Orange Juice -3.87%
Soybean Meal -0.39%
Soybeans -0.60%
Sugar #11 +5.23%
Wheat +0.04%
White Sugar +5.72%

Nifty heatmap

CNX NIFTY.2014-06-13.2014-06-20

Index Returns

index performance.2014-06-13.2014-06-20

Top winners and losers

UPL +5.34%
GAIL +5.69%
ZEEL +6.92%
SRTRANSFIN -7.39%
M&M -6.91%
GODREJCP -6.39%
Churn, churn, churn…

ETFs

INFRABEES +6.21%
GOLDBEES +3.87%
JUNIORBEES -0.40%
BANKBEES -0.53%
NIFTYBEES -0.89%
PSUBNKBEES -2.01%
Gold finally caught a break…

Investment theme performance

Sector Performance

Textiles – the winning streak continued.

sector performance.2014-06-13.2014-06-20

Yield Curve

yield Curve.2014-06-13.2014-06-20

Advance Decline

advance.decline.line2.2014-06-13.2014-06-20

Nifty OI

nifty.puts.calls.2014-06-13.2014-06-20

Thought for the weekend

When we work hard for something, thereby “earning” it, we can ascribe a higher value to it than may be justified. A form of egotism affects how we value the “trophy.”

Source: Trophy Effect

Related: Ego: The Single Biggest Impediment to Successful Investing