Invest Without Emotions
A lot of thick blue squares mean that positive correlations are high. Red squares mean negative correlations are high. Whites are the doldrums.
| MINTs | |
|---|---|
| JCI(IDN) | +0.11% |
| INMEX(MEX) | -0.19% |
| NGSEINDX(NGA) | +18.68% |
| XU030(TUR) | -2.85% |
| BRICS | |
|---|---|
| IBOV(BRA) | +2.41% |
| SHCOMP(CHN) | +16.72% |
| NIFTY(IND) | -2.92% |
| INDEXCF(RUS) | -4.43% |
| TOP40(ZAF) | -2.36% |
| Energy | |
|---|---|
| Brent Crude Oil | -10.09% |
| WTI Crude Oil | +1.01% |
| Heating Oil | -23.24% |
| Ethanol | +9.68% |
| Natural Gas | -0.59% |
| RBOB Gasoline | -0.11% |
| Metals | |
|---|---|
| Palladium | -8.72% |
| Silver 5000oz | +0.60% |
| Platinum | -2.66% |
| Gold 100oz | -1.21% |
| Copper | +1.48% |
| MINTs | |
|---|---|
| USDIDR(IDN) | +0.63% |
| USDMXN(MEX) | +0.50% |
| USDNGN(NGA) | -1.89% |
| USDTRY(TUR) | +3.30% |
| BRICS | |
|---|---|
| USDBRL(BRA) | +9.03% |
| USDCNY(CHN) | -1.26% |
| USDINR(IND) | +1.07% |
| USDRUB(RUS) | -8.43% |
| USDZAR(ZAF) | +2.31% |
| Agricultural | |
|---|---|
| Corn | +0.39% |
| Cotton | -0.53% |
| Sugar #11 | -8.55% |
| Wheat | +3.22% |
| Coffee (Arabica) | +2.84% |
| Coffee (Robusta) | -5.17% |
| White Sugar | -1.21% |
| Cattle | +1.89% |
| Cocoa | -4.76% |
| Lean Hogs | -6.81% |
| Lumber | -6.01% |
| Soybeans | -4.13% |
| Feeder Cattle | +9.48% |
| Orange Juice | +2.60% |
| Soybean Meal | -7.10% |
| Index | Change |
|---|---|
| Markit CDX EM | -0.40% |
| Markit CDX NA IG | +2.83% |
| Markit iTraxx Asia ex-Japan IG | +1.68% |
| Markit iTraxx Australia | -3.30% |
| Markit iTraxx Europe | +1.27% |
| Markit iTraxx Europe Crossover | +3.62% |
| Markit iTraxx Japan | -7.25% |
| Markit iTraxx SovX Western Europe | -0.63% |
| Markit LCDX (Loan CDS) | -0.10% |
| Markit MCDX (Municipal CDS) | +3.28% |
| Decile | Mkt. Cap. | Adv/Decl |
|---|---|---|
| 1 (micro) | -13.05% | 64/69 |
| 2 | -11.54% | 52/81 |
| 3 | -10.26% | 47/86 |
| 4 | -5.80% | 62/71 |
| 5 | -6.35% | 57/75 |
| 6 | -4.82% | 55/78 |
| 7 | -2.37% | 66/67 |
| 8 | -0.22% | 76/57 |
| 9 | +0.71% | 67/66 |
| 10 (mega) | -1.25% | 68/65 |
| SUNPHARMA | +16.50% |
| AUROPHARMA | +18.24% |
| IDEA | +18.90% |
| JINDALSTEL | -19.11% |
| ITC | -17.23% |
| BANKINDIA | -16.87% |
| INFRABEES | +0.77% |
| GOLDBEES | -1.55% |
| JUNIORBEES | -1.92% |
| CPSEETF | -2.89% |
| NIFTYBEES | -4.29% |
| BANKBEES | -5.23% |
| PSUBNKBEES | -9.61% |
| Sub Index | Change in YTM | Total Return(%) |
|---|---|---|
| GSEC TB | -0.16 | +0.73% |
| GSEC SUB 1-3 | +0.05 | +0.47% |
| GSEC SUB 3-8 | +0.00 | +0.87% |
| GSEC SUB 8 | -0.01 | +0.29% |
| Financial Strength Value | +5.75% |
| Momentum | +3.91% |
| Auto and Consumer Goods Quality to Price | +1.64% |
| Next Trillion | +1.27% |
| ASK Life | +0.89% |
| Low Volatility | +0.43% |
| CNX 100 Enterprise Yield | +0.13% |
| Media, Health, IT, Telecom, Services, Pharma Quality To Price | +0.05% |
| Magic Formula | -0.60% |
| PPFAS Long Term Value | -0.69% |
| Textile, Metals, Chemicals, Paper and Energy Quality to Price | -1.80% |
| Quality to Price | -2.65% |
| Tactical CNX 100 | -3.10% |
| Balance Sheet Strength | -4.39% |
| ADAG stocks | -9.97% |
| High Beta | -10.73% |
China is letting low-cost production shift out of the country and is focusing instead on capital-intensive industries. Chinese labor costs have soared, undermining the calculus that brought all those jobs to China in the first place, and new robot technology is cheaper and easier to deploy than ever before.
But, if everybody has access to the same technology, why manufacture in China and pay shipping?
Source: WSJ
| MINTs | |
|---|---|
| JCI(IDN) | +4.42% |
| INMEX(MEX) | +1.58% |
| NGSEINDX(NGA) | -8.38% |
| XU030(TUR) | -6.67% |
| BRICS | |
|---|---|
| IBOV(BRA) | +2.29% |
| SHCOMP(CHN) | +17.47% |
| NIFTY(IND) | +2.28% |
| INDEXCF(RUS) | +16.44% |
| TOP40(ZAF) | +4.66% |
| Energy | |
|---|---|
| Natural Gas | -10.56% |
| RBOB Gasoline | +23.79% |
| Brent Crude Oil | -3.03% |
| Ethanol | -7.64% |
| Heating Oil | -8.72% |
| WTI Crude Oil | -10.42% |
| Metals | |
|---|---|
| Gold 100oz | -0.07% |
| Palladium | -7.66% |
| Platinum | -5.79% |
| Silver 5000oz | +5.73% |
| Copper | -3.17% |
| MINTs | |
|---|---|
| USDIDR(IDN) | +5.09% |
| USDMXN(MEX) | +3.29% |
| USDNGN(NGA) | +8.49% |
| USDTRY(TUR) | +10.93% |
| BRICS | |
|---|---|
| USDBRL(BRA) | +20.28% |
| USDCNY(CHN) | -0.15% |
| USDINR(IND) | -0.87% |
| USDRUB(RUS) | +0.00% |
| USDZAR(ZAF) | +4.56% |
| Agricultural | |
|---|---|
| Cocoa | -3.70% |
| Lean Hogs | -23.73% |
| Lumber | -16.98% |
| Soybean Meal | -9.07% |
| Cattle | -2.64% |
| Coffee (Arabica) | -21.60% |
| Corn | -5.31% |
| Feeder Cattle | -0.42% |
| Orange Juice | -11.80% |
| Sugar #11 | -17.63% |
| White Sugar | -9.27% |
| Coffee (Robusta) | -10.31% |
| Cotton | +3.69% |
| Soybeans | -3.67% |
| Wheat | -12.19% |
| Index | Change |
|---|---|
| Markit CDX EM | -2.01% |
| Markit CDX NA HY | +1.59% |
| Markit CDX NA IG | -1.99% |
| Markit iTraxx Asia ex-Japan IG | -2.45% |
| Markit iTraxx Australia | -11.70% |
| Markit iTraxx Europe | -12.30% |
| Markit iTraxx Europe Crossover | -79.11% |
| Markit iTraxx Japan | -13.85% |
| Markit iTraxx SovX Western Europe | -4.07% |
| Markit LCDX (Loan CDS) | +0.17% |
| Markit MCDX (Municipal CDS) | +6.37% |
| Decile | Mkt. Cap. | Adv/Decl |
|---|---|---|
| 1 (micro) | -16.75% | 60/74 |
| 2 | -9.15% | 54/79 |
| 3 | -8.44% | 55/78 |
| 4 | -5.13% | 55/78 |
| 5 | -2.03% | 52/81 |
| 6 | +1.01% | 65/68 |
| 7 | +6.19% | 69/64 |
| 8 | +6.27% | 76/57 |
| 9 | +5.97% | 72/61 |
| 10 (mega) | +5.01% | 68/66 |
| INFRABEES | +9.96% |
| JUNIORBEES | +4.03% |
| NIFTYBEES | +1.43% |
| GOLDBEES | -2.65% |
| CPSEETF | -3.16% |
| BANKBEES | -4.48% |
| PSUBNKBEES | -19.79% |
| Sub Index | Change in YTM | Total Return(%) |
|---|---|---|
| GSEC TB | -0.30 | +2.03% |
| GSEC SUB 1-3 | -0.53 | +1.43% |
| GSEC SUB 3-8 | -0.10 | +2.45% |
| GSEC SUB 8 | -0.19 | +2.27% |
| Financial Strength Value | +18.69% |
| Low Volatility | +14.57% |
| Next Trillion | +12.92% |
| Momentum | +12.32% |
| ASK Life | +10.93% |
| Media, Health, IT, Telecom, Services, Pharma Quality To Price | +4.56% |
| Auto and Consumer Goods Quality to Price | +3.93% |
| Balance Sheet Strength | +3.06% |
| Tactical CNX 100 | +2.06% |
| CNX 100 Enterprise Yield | +1.06% |
| Quality to Price | +0.62% |
| Magic Formula | -1.63% |
| Textile, Metals, Chemicals, Paper and Energy Quality to Price | -3.34% |
| PPFAS Long Term Value | -3.78% |
| High Beta | -9.78% |
| NSE & BSE Mix | -13.43% |
| ADAG stocks | -15.08% |
A number of cool things happened on StockViz this quarter:
| MINTs | |
|---|---|
| JCI(IDN) | -0.85% |
| INMEX(MEX) | -1.38% |
| NGSEINDX(NGA) | +4.19% |
| XU030(TUR) | -2.11% |
| BRICS | |
|---|---|
| IBOV(BRA) | -3.75% |
| SHCOMP(CHN) | +2.04% |
| NIFTY(IND) | -2.68% |
| INDEXCF(RUS) | -3.51% |
| TOP40(ZAF) | -1.96% |
| Energy | |
|---|---|
| Ethanol | +0.20% |
| WTI Crude Oil | +5.63% |
| Brent Crude Oil | +2.21% |
| Natural Gas | -4.59% |
| Heating Oil | -0.01% |
| RBOB Gasoline | +0.28% |
| Metals | |
|---|---|
| Copper | -0.36% |
| Gold 100oz | +1.09% |
| Silver 5000oz | +1.19% |
| Palladium | -5.09% |
| Platinum | +0.08% |
| MINTs | |
|---|---|
| USDIDR(IDN) | -0.45% |
| USDMXN(MEX) | +1.29% |
| USDNGN(NGA) | -0.10% |
| USDTRY(TUR) | +1.33% |
| BRICS | |
|---|---|
| USDBRL(BRA) | +0.48% |
| USDCNY(CHN) | +0.18% |
| USDINR(IND) | -0.08% |
| USDRUB(RUS) | -2.49% |
| USDZAR(ZAF) | +0.06% |
| Agricultural | |
|---|---|
| Cattle | +2.56% |
| Corn | +1.36% |
| Feeder Cattle | +1.78% |
| Wheat | -4.05% |
| Cotton | +0.92% |
| Soybeans | -0.46% |
| Sugar #11 | -4.65% |
| White Sugar | -1.91% |
| Coffee (Arabica) | -3.53% |
| Coffee (Robusta) | -0.66% |
| Lumber | +0.28% |
| Soybean Meal | -0.68% |
| Cocoa | -1.29% |
| Lean Hogs | +4.79% |
| Orange Juice | +10.93% |
| Index | Change |
|---|---|
| Markit CDX EM | +0.62% |
| Markit CDX NA HY | +0.09% |
| Markit CDX NA IG | +0.79% |
| Markit iTraxx Asia ex-Japan IG | -1.54% |
| Markit iTraxx Australia | -0.45% |
| Markit iTraxx Europe | -1.36% |
| Markit iTraxx Europe Crossover | -1.06% |
| Markit iTraxx Japan | -1.24% |
| Markit iTraxx SovX Western Europe | -0.42% |
| Markit LCDX (Loan CDS) | +0.00% |
| Markit MCDX (Municipal CDS) | +1.48% |
| Decile | Mkt. Cap. | Adv/Decl |
|---|---|---|
| 1 (micro) | -12.20% | 58/76 |
| 2 | -8.87% | 52/81 |
| 3 | -7.74% | 50/83 |
| 4 | -7.73% | 52/81 |
| 5 | -6.92% | 54/79 |
| 6 | -6.81% | 57/77 |
| 7 | -5.57% | 47/86 |
| 8 | -5.34% | 56/77 |
| 9 | -3.95% | 62/71 |
| 10 (mega) | -3.40% | 68/66 |
| BPCL | +3.10% |
| AUROPHARMA | +3.97% |
| UPL | +4.30% |
| PNB | -9.89% |
| SRTRANSFIN | -9.15% |
| BOSCHLTD | -7.88% |
| GOLDBEES | +1.61% |
| INFRABEES | -1.04% |
| CPSEETF | -2.44% |
| NIFTYBEES | -2.71% |
| BANKBEES | -3.15% |
| JUNIORBEES | -3.24% |
| PSUBNKBEES | -5.50% |
| Sub Index | Change in YTM | Total Return(%) |
|---|---|---|
| GSEC TB | +0.35 | +0.03% |
| GSEC SUB 1-3 | +0.38 | -0.33% |
| GSEC SUB 3-8 | +0.12 | -0.80% |
| GSEC SUB 8 | +0.04 | -0.54% |
| CNX 100 Enterprise Yield | -0.63% |
| Financial Strength Value | -0.88% |
| NSE & BSE Mix | -1.25% |
| Balance Sheet Strength | -1.36% |
| Magic Formula | -2.03% |
| Auto and Consumer Goods Quality to Price | -2.24% |
| PPFAS Long Term Value | -2.92% |
| Tactical CNX 100 | -2.98% |
| Low Volatility | -3.09% |
| ASK Life | -3.15% |
| Momentum | -3.15% |
| Media, Health, IT, Telecom, Services, Pharma Quality To Price | -3.38% |
| High Beta | -3.80% |
| Next Trillion | -4.07% |
| ADAG stocks | -4.08% |
| Quality to Price | -4.12% |
| Textile, Metals, Chemicals, Paper and Energy Quality to Price | -4.37% |
Our “experiencing selves” and our “remembering selves” perceive facts differently.
We run our proprietary momentum scoring algorithm on indices just like we do on stocks. You can use the momentum scores of sub-indices to get a sense for which sectors have the wind on their backs and those that are facing headwinds.
Traders can pick their longs in sectors with high short-term momentum and their shorts in sectors with low momentum. Investors can use the longer lookback scores to position themselves using our re-factored index Themes.
You can see how the momentum algorithm has performed on individual stocks here.
Here are the best and the worst sub-indices:
50-day performance, from January 15, 2015 through March 27, 2015: