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) | -2.49% |
| INMEX(MEX) | -0.35% |
| NGSEINDX(NGA) | -2.49% |
| XU030(TUR) | +2.04% |
| BRICS | |
|---|---|
| IBOV(BRA) | -0.03% |
| SHCOMP(CHN) | +5.18% |
| NIFTY(IND) | -1.47% |
| INDEXCF(RUS) | -0.47% |
| TOP40(ZAF) | -0.30% |
| Energy | |
|---|---|
| WTI Crude Oil | -4.88% |
| Brent Crude Oil | -3.01% |
| Ethanol | +1.60% |
| Heating Oil | -3.34% |
| Natural Gas | +0.11% |
| RBOB Gasoline | +1.27% |
| Metals | |
|---|---|
| Gold 100oz | -0.63% |
| Palladium | -4.98% |
| Copper | -2.67% |
| Platinum | -4.71% |
| Silver 5000oz | +0.00% |
| MINTs | |
|---|---|
| USDIDR(IDN) | -0.04% |
| USDMXN(MEX) | -0.03% |
| USDNGN(NGA) | -0.75% |
| USDTRY(TUR) | -0.90% |
| BRICS | |
|---|---|
| USDBRL(BRA) | +0.72% |
| USDCNY(CHN) | +0.06% |
| USDINR(IND) | -0.06% |
| USDRUB(RUS) | +0.93% |
| USDZAR(ZAF) | +1.10% |
| Agricultural | |
|---|---|
| Coffee (Robusta) | +0.16% |
| Soybean Meal | +2.27% |
| Soybeans | -0.19% |
| Sugar #11 | +0.98% |
| Wheat | -2.13% |
| White Sugar | +0.59% |
| Cattle | -2.51% |
| Cocoa | +1.16% |
| Coffee (Arabica) | -2.38% |
| Cotton | -2.92% |
| Feeder Cattle | -2.73% |
| Orange Juice | +3.84% |
| Corn | +1.55% |
| Lean Hogs | +0.03% |
| Lumber | +2.32% |
| Index | Change |
|---|---|
| Markit CDX EM | -0.81% |
| Markit CDX NA HY | -0.81% |
| Markit CDX NA IG | +5.25% |
| Markit iTraxx Asia ex-Japan IG | +11.27% |
| Markit iTraxx Australia | +11.48% |
| Markit iTraxx Europe | +7.27% |
| Markit iTraxx Europe Crossover | +23.03% |
| Markit iTraxx Japan | +7.04% |
| Markit iTraxx SovX Western Europe | +2.68% |
| Markit LCDX (Loan CDS) | +0.02% |
| Markit MCDX (Municipal CDS) | +1.76% |
For a deeper dive into indices, check out our weekly Index Update.
| Decile | Mkt. Cap. | Adv/Decl |
|---|---|---|
| 1 (micro) | +7.34% | 77/57 |
| 2 | +6.18% | 79/54 |
| 3 | +7.31% | 77/57 |
| 4 | +5.66% | 77/56 |
| 5 | +4.21% | 74/59 |
| 6 | +2.25% | 67/67 |
| 7 | +1.04% | 71/62 |
| 8 | +1.12% | 73/61 |
| 9 | +0.60% | 63/70 |
| 10 (mega) | -1.05% | 76/58 |
| UNIONBANK | +5.35% |
| RCOM | +5.37% |
| CROMPGREAV | +12.68% |
| VEDL | -14.28% |
| CAIRN | -7.86% |
| TATAMOTORS | -7.21% |
| INFRABEES | +2.48% |
| PSUBNKBEES | +1.78% |
| JUNIORBEES | +0.98% |
| BANKBEES | +0.31% |
| GOLDBEES | +0.13% |
| NIFTYBEES | -0.90% |
| CPSEETF | -1.82% |
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 May 04, 2015 through July 10, 2015:
| Index | Signal | % From Peak | Day of Peak |
|---|---|---|---|
| CNX AUTO | SHORT |
9.51
|
2015-Jan-27
|
| CNX BANK | LONG |
8.93
|
2015-Jan-27
|
| CNX COMMODITIES | SHORT |
28.96
|
2008-Jan-04
|
| CNX CONSUMPTION | LONG |
2.44
|
2015-Apr-13
|
| CNX ENERGY | SHORT |
27.21
|
2008-Jan-14
|
| CNX FMCG | SHORT |
10.80
|
2015-Feb-25
|
| CNX INFRA | LONG |
46.72
|
2008-Jan-09
|
| CNX IT | SHORT |
88.69
|
2000-Feb-21
|
| CNX MEDIA | LONG |
24.79
|
2008-Jan-04
|
| CNX METAL | LONG |
60.32
|
2008-Jan-04
|
| CNX MNC | LONG |
3.13
|
2015-Mar-12
|
| CNX NIFTY | LONG |
7.07
|
2015-Mar-03
|
| CNX PHARMA | LONG |
9.35
|
2015-Apr-08
|
| CNX PSE | LONG |
25.36
|
2008-Jan-04
|
| CNX PSU BANK | LONG |
37.25
|
2010-Nov-05
|
| CNX REALTY | SHORT |
90.44
|
2008-Jan-14
|
| CNX SERVICE | LONG |
8.97
|
2015-Mar-03
|
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) | +1.22% |
| INMEX(MEX) | -1.33% |
| NGSEINDX(NGA) | -0.96% |
| XU030(TUR) | -3.24% |
| BRICS | |
|---|---|
| IBOV(BRA) | -2.42% |
| SHCOMP(CHN) | -12.07% |
| NIFTY(IND) | +1.24% |
| INDEXCF(RUS) | -0.78% |
| TOP40(ZAF) | -1.49% |
| Energy | |
|---|---|
| Brent Crude Oil | -4.66% |
| Ethanol | +3.10% |
| Natural Gas | +0.18% |
| WTI Crude Oil | -6.97% |
| Heating Oil | -3.60% |
| RBOB Gasoline | -2.01% |
| Metals | |
|---|---|
| Copper | -1.13% |
| Palladium | +0.78% |
| Platinum | +0.21% |
| Gold 100oz | -0.29% |
| Silver 5000oz | -0.64% |
| MINTs | |
|---|---|
| USDIDR(IDN) | +0.09% |
| USDMXN(MEX) | +0.96% |
| USDNGN(NGA) | -0.03% |
| USDTRY(TUR) | +0.95% |
| BRICS | |
|---|---|
| USDBRL(BRA) | +0.25% |
| USDCNY(CHN) | -0.06% |
| USDINR(IND) | -0.32% |
| USDRUB(RUS) | +1.83% |
| USDZAR(ZAF) | +0.82% |
| Agricultural | |
|---|---|
| Corn | +9.16% |
| Feeder Cattle | +0.15% |
| Lean Hogs | +4.63% |
| Lumber | -1.60% |
| Cattle | +2.02% |
| Cocoa | -0.23% |
| Coffee (Arabica) | -4.07% |
| Cotton | +1.26% |
| Coffee (Robusta) | -2.48% |
| Orange Juice | -2.44% |
| Soybean Meal | +4.91% |
| Soybeans | +4.58% |
| Sugar #11 | +6.14% |
| Wheat | +4.59% |
| White Sugar | +3.31% |
| Index | Change |
|---|---|
| Markit CDX EM | -0.19% |
| Markit CDX NA HY | +0.10% |
| Markit CDX NA IG | +1.32% |
| Markit iTraxx Asia ex-Japan IG | +5.12% |
| Markit iTraxx Australia | +5.77% |
| Markit iTraxx Europe | +6.41% |
| Markit iTraxx Europe Crossover | +27.25% |
| Markit iTraxx Japan | +0.68% |
| Markit iTraxx SovX Western Europe | +2.22% |
| Markit LCDX (Loan CDS) | -0.04% |
| Markit MCDX (Municipal CDS) | +4.16% |
For a deeper dive into indices, check out our weekly Index Update.
| Decile | Mkt. Cap. | Adv/Decl |
|---|---|---|
| 1 (micro) | +2.10% | 64/67 |
| 2 | +2.76% | 71/59 |
| 3 | +3.02% | 72/59 |
| 4 | +2.47% | 68/62 |
| 5 | +3.80% | 76/55 |
| 6 | +2.73% | 67/63 |
| 7 | +1.58% | 69/62 |
| 8 | +1.35% | 67/63 |
| 9 | +1.52% | 63/68 |
| 10 (mega) | +0.81% | 72/59 |
| AMBUJACEM | +6.76% |
| BAJAJFINSV | +12.09% |
| UBL | +13.80% |
| TECHM | -9.62% |
| HINDALCO | -5.47% |
| BHARATFORG | -3.67% |
| BANKBEES | +1.72% |
| JUNIORBEES | +1.70% |
| PSUBNKBEES | +1.02% |
| NIFTYBEES | +0.88% |
| CPSEETF | +0.56% |
| INFRABEES | +0.36% |
| GOLDBEES | -1.07% |
| Sub Index | Change in YTM | Total Return(%) |
|---|---|---|
| GSEC TB | -0.14 | +0.12% |
| GSEC SUB 1-3 | +0.16 | -0.10% |
| GSEC SUB 3-8 | +0.32 | -1.27% |
| GSEC SUB 8 | +0.19 | -1.32% |
| Quality to Price | +4.72% |
| Magic Formula | +3.27% |
| Financial Strength Value | +3.01% |
| Next Trillion | +2.68% |
| Low Volatility | +2.54% |
| Momentum | +2.50% |
| ASK Life | +2.13% |
| CNX 100 Enterprise Yield | +2.06% |
| The RBI Restricted List | +1.52% |
| Media, Health, IT, Telecom, Services, Pharma Quality To Price | +1.35% |
| Tactical CNX 100 | +1.29% |
| Textile, Metals, Chemicals, Paper and Energy Quality to Price | +1.23% |
| Auto and Consumer Goods Quality to Price | +1.03% |
| PPFAS Long Term Value | +0.28% |
| Balance Sheet Strength | +0.18% |
| High Beta | -0.42% |
| ADAG stocks | -1.38% |
Plus, searching the internet is almost effortless, and it’s almost always accessible. You never face your ignorance when it’s there. Because we’re so deeply plugged into it, we misattribute the connection to knowledge to actually having the knowledge ourselves.
Emotional investments can give people the illusion of insight.
Source: The Internet Makes You Think You’re Smarter Than You Are