{"id":1859291,"date":"2013-11-01T16:52:59","date_gmt":"2013-11-01T11:22:59","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=1859291"},"modified":"2013-11-01T16:52:59","modified_gmt":"2013-11-01T11:22:59","slug":"monthly-recap-the-fallacy-of-success","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2013\/11\/01\/monthly-recap-the-fallacy-of-success\/","title":{"rendered":"Monthly Recap: The Fallacy of Success"},"content":{"rendered":"<p><a href=\"http:\/\/stockviz.biz\/Indices.aspx?TICKER=NIFTY\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1859361\" alt=\"nifty monthly performance heatmap\" src=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/NIFTY.2013-9-30.2013-10-31.png\" width=\"600\" height=\"400\" srcset=\"https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/NIFTY.2013-9-30.2013-10-31.png 600w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/NIFTY.2013-9-30.2013-10-31-300x200.png 300w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/NIFTY.2013-9-30.2013-10-31-450x300.png 450w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>The Nifty went completely bonkers this month: <strong>+9.83%<\/strong> (<strong>+12.28%<\/strong> in USD terms)<\/p>\n<h3>Index Performance<\/h3>\n<p>Banks stole the show&#8230;<\/p>\n<p><a href=\"http:\/\/stockviz.biz\/Indices\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1859411\" alt=\"index performance\" src=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/indexperf.2013-9-30.2013-10-31.png\" width=\"600\" height=\"600\" srcset=\"https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/indexperf.2013-9-30.2013-10-31.png 600w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/indexperf.2013-9-30.2013-10-31-150x150.png 150w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/indexperf.2013-9-30.2013-10-31-300x300.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<h3>Top winners and losers<\/h3>\n<div class=\"row-fluid\">\n<div class=\"span6\">\n<table class=\"table table-bordered table-condensed\">\n<tbody>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/Equity?TICKER=BANKINDIA\" target=\"_blank\">BANKINDIA<\/a><\/td>\n<td><span style=\"color: green\">+32.89%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/Equity?TICKER=JPASSOCIAT\" target=\"_blank\">JPASSOCIAT<\/a><\/td>\n<td><span style=\"color: green\">+36.53%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/Equity?TICKER=ADANIENT\" target=\"_blank\">ADANIENT<\/a><\/td>\n<td><span style=\"color: green\">+47.53%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/Equity?TICKER=CIPLA\">CIPLA<\/a><\/td>\n<td><span style=\"color: red\">-4.46%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/Equity?TICKER=EXIDEIND\">EXIDEIND<\/a><\/td>\n<td><span style=\"color: red\">-3.52%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/Equity?TICKER=MPHASIS\">MPHASIS<\/a><\/td>\n<td><span style=\"color: red\">-3.50%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"span6\">High beta took flight&#8230;<\/div>\n<\/div>\n<h3>ETFs<\/h3>\n<div class=\"row-fluid\">\n<div class=\"span6\">\n<table class=\"table table-bordered table-condensed\">\n<tbody>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/Equity?TICKER=PSUBNKBEES\" target=\"_blank\">PSUBNKBEES<\/a><\/td>\n<td><span style=\"color: green\">+19.26%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/Equity?TICKER=BANKBEES\" target=\"_blank\">BANKBEES<\/a><\/td>\n<td><span style=\"color: green\">+17.78%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/Equity?TICKER=NIFTYBEES\" target=\"_blank\">NIFTYBEES<\/a><\/td>\n<td><span style=\"color: green\">+9.22%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/Equity?TICKER=INFRABEES\" target=\"_blank\">INFRABEES<\/a><\/td>\n<td><span style=\"color: green\">+6.94%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/Equity?TICKER=JUNIORBEES\" target=\"_blank\">JUNIORBEES<\/a><\/td>\n<td><span style=\"color: green\">+6.67%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/Equity?TICKER=GOLDBEES\" target=\"_blank\">GOLDBEES<\/a><\/td>\n<td><span style=\"color: green\">+0.83%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"span6\">PSU Banks showed how government backed entities don&#8217;t have to create value for their stock prices to go up&#8230;<\/div>\n<\/div>\n<h3>Advancers and Declines<\/h3>\n<p>The A\/D line is finally trending up&#8230; longer, stronger, better?<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1859381\" alt=\"advance decline line\" src=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/adline2.2013-9-30.2013-10-31.png\" width=\"600\" height=\"400\" srcset=\"https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/adline2.2013-9-30.2013-10-31.png 600w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/adline2.2013-9-30.2013-10-31-300x200.png 300w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/adline2.2013-9-30.2013-10-31-450x300.png 450w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<h3>Yield Curve<\/h3>\n<p>Is the yield curve finally pricing in growth?<\/p>\n<p><a href=\"http:\/\/stockviz.biz\/tag\/rates\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1859391\" alt=\"india yield curve\" src=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/yieldCurve.2013-9-30.2013-10-31.png\" width=\"600\" height=\"400\" srcset=\"https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/yieldCurve.2013-9-30.2013-10-31.png 600w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/yieldCurve.2013-9-30.2013-10-31-300x200.png 300w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/yieldCurve.2013-9-30.2013-10-31-450x300.png 450w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<h3>Interbank Rates<\/h3>\n<p><a href=\"http:\/\/stockviz.biz\/tag\/rates\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1859401\" alt=\"mumbai interbank rates\" src=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/mibor.30days.2013-10-31.png\" width=\"600\" height=\"400\" srcset=\"https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/mibor.30days.2013-10-31.png 600w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/mibor.30days.2013-10-31-300x200.png 300w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/mibor.30days.2013-10-31-450x300.png 450w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<h3>Sector Performance<\/h3>\n<p><a href=\"http:\/\/stockviz.biz\/SectorPerformance\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1859371\" alt=\"monthly sector performance\" src=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/sectorperf.2013-9-30.2013-10-31.png\" width=\"800\" height=\"1000\" srcset=\"https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/sectorperf.2013-9-30.2013-10-31.png 800w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/11\/sectorperf.2013-9-30.2013-10-31-240x300.png 240w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<h3>Investment Theme Performance<\/h3>\n<div class=\"row-fluid\">\n<div class=\"span6\">\n<table class=\"table table-bordered table-condensed\">\n<tbody>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/#\/theme\/equity\/2DF79FD7-64F4-47F2-9F53-6B1ACE8012A3\" target=\"_blank\">Quality to Price<\/a><\/td>\n<td><span style=\"color: green\">+19.56%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/#\/theme\/equity\/2BE8E44F-D2C9-4F58-BD6E-9E2D3B37E1A6\" target=\"_blank\">ADAG Mania<\/a><\/td>\n<td><span style=\"color: green\">+12.49%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/#\/theme\/equity\/4E4C54CB-FA44-4A73-B4E4-94E4AB646660\" target=\"_blank\">Balance-sheet Strength<\/a><\/td>\n<td><span style=\"color: green\">+10.45%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/#\/theme\/equity\/9EABD2F0-392A-4D89-A665-EF6576A7D471\" target=\"_blank\">Financial Strength Value<\/a><\/td>\n<td><span style=\"color: green\">+9.24%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/#\/theme\/equity\/04EA5378-8A3E-478E-A6AE-02BF173A14C8\" target=\"_blank\">Enterprise Yield<\/a><\/td>\n<td><span style=\"color: green\">+8.72%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/#\/theme\/equity\/D6663194-A965-4262-84F6-BB553B0B8998\" target=\"_blank\">Momentum 200<\/a><\/td>\n<td><span style=\"color: green\">+4.97%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/#\/theme\/equity\/90BEDCEA-FF82-43E7-A20C-020CCB29E328\" target=\"_blank\">Magic Formula Investing<\/a><\/td>\n<td><span style=\"color: green\">+4.19%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/#\/theme\/equity\/DE672437-229E-4C0A-8B4F-15CC210EB4FC\" target=\"_blank\">Efficient Growth<\/a><\/td>\n<td><span style=\"color: green\">+3.32%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/#\/theme\/equity\/5D0846CB-1D9C-494A-B303-552A4B45A4A1\" target=\"_blank\">Growth with Moat<\/a><\/td>\n<td><span style=\"color: green\">+3.14%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/stockviz.biz\/#\/theme\/equity\/001DBEAE-12F9-436B-A36E-878B3253FC30\" target=\"_blank\">Market Elephants<\/a><\/td>\n<td><span style=\"color: green\">+1.26%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"span6\">Value out-performed story themes&#8230;<\/div>\n<\/div>\n<h3>Thought to sum up the month<\/h3>\n<blockquote><p>There has appeared in our time a particular class of books and articles which I sincerely and solemnly think may be called the silliest ever known among men. They are much more wild than the wildest romances of chivalry and much more dull than the dullest religious tract. Moreover, the romances of chivalry were at least about chivalry; the religious tracts are about religion. But these things are about nothing; they are about what is called Success.<\/p><\/blockquote>\n<p>Source: <a href=\"http:\/\/www.gutenberg.org\/files\/11505\/11505-h\/11505-h.htm#THE_FALLACY_OF_SUCCESS\" target=\"_blank\">THE FALLACY OF SUCCESS<\/a><br \/>[stockquote]NEULANDLAB[\/stockquote] <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nifty went completely bonkers this month: +9.83% (+12.28% in USD terms) Index Performance Banks stole the show&#8230; Top winners and losers BANKINDIA +32.89% JPASSOCIAT +36.53% ADANIENT +47.53% CIPLA -4.46% EXIDEIND -3.52% MPHASIS -3.50% High beta took flight&#8230; ETFs PSUBNKBEES +19.26% BANKBEES +17.78% NIFTYBEES +9.22% INFRABEES +6.94% JUNIORBEES +6.67% GOLDBEES +0.83% PSU Banks showed how &hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[1881],"class_list":["post-1859291","post","type-post","status-publish","format-standard","hentry","category-your-money","tag-monthly","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/1859291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=1859291"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/1859291\/revisions"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=1859291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=1859291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=1859291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}