{"id":2016351,"date":"2015-03-01T13:26:46","date_gmt":"2015-03-01T07:56:46","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2016351"},"modified":"2015-03-01T13:26:46","modified_gmt":"2015-03-01T07:56:46","slug":"weekly-recap-wisdom-in-the-age-of-information","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2015\/03\/01\/weekly-recap-wisdom-in-the-age-of-information\/","title":{"rendered":"Weekly Recap: Wisdom in the Age of Information"},"content":{"rendered":"

\"world.2015-02-20.2015-02-28\"<\/a><\/p>\n

Equities<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n
Major<\/th>\n<\/tr>\n<\/thead>\n
DAX(DEU)<\/a><\/td>\n+3.18%<\/span><\/td>\n<\/tr>\n
CAC(FRA)<\/a><\/td>\n+2.50%<\/span><\/td>\n<\/tr>\n
UKX(GBR)<\/a><\/td>\n+0.45%<\/span><\/td>\n<\/tr>\n
NKY(JPN)<\/a><\/td>\n+2.54%<\/span><\/td>\n<\/tr>\n
SPX(USA)<\/a><\/td>\n+0.18%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n
MINTs<\/th>\n<\/tr>\n<\/thead>\n
JCI(IDN)<\/a><\/td>\n+0.93%<\/span><\/td>\n<\/tr>\n
INMEX(MEX)<\/a><\/td>\n+1.75%<\/span><\/td>\n<\/tr>\n
NGSEINDX(NGA)<\/a><\/td>\n+2.45%<\/span><\/td>\n<\/tr>\n
XU030(TUR)<\/a><\/td>\n-1.91%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
BRICS<\/th>\n<\/tr>\n<\/thead>\n
IBOV(BRA)<\/a><\/td>\n+0.82%<\/span><\/td>\n<\/tr>\n
SHCOMP(CHN)<\/a><\/td>\n+1.95%<\/span><\/td>\n<\/tr>\n
NIFTY(IND)<\/a><\/td>\n+0.12%<\/span><\/td>\n<\/tr>\n
INDEXCF(RUS)<\/a><\/td>\n-1.88%<\/span><\/td>\n<\/tr>\n
TOP40(ZAF)<\/a><\/td>\n+0.60%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n
\n
\n
\n

Commodities<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n
Energy<\/th>\n<\/tr>\n<\/thead>\n
Brent Crude Oil<\/td>\n+3.85%<\/span><\/td>\n<\/tr>\n
Ethanol<\/td>\n+0.42%<\/span><\/td>\n<\/tr>\n
Natural Gas<\/td>\n-8.20%<\/span><\/td>\n<\/tr>\n
WTI Crude Oil<\/td>\n-2.02%<\/span><\/td>\n<\/tr>\n
Heating Oil<\/td>\n-6.88%<\/span><\/td>\n<\/tr>\n
RBOB Gasoline<\/td>\n+20.39%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
Metals<\/th>\n<\/tr>\n<\/thead>\n
Copper<\/td>\n+3.44%<\/span><\/td>\n<\/tr>\n
Gold 100oz<\/td>\n+0.61%<\/span><\/td>\n<\/tr>\n
Palladium<\/td>\n+5.14%<\/span><\/td>\n<\/tr>\n
Platinum<\/td>\n+1.58%<\/span><\/td>\n<\/tr>\n
Silver 5000oz<\/td>\n+0.61%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n
\n

Currencies<\/h3>\n

USDEUR<\/a>:+2.02% <\/span> USDJPY<\/a>:+0.67% <\/span><\/p>\n

\n
\n\n\n\n\n\n\n\n\n
MINTs<\/th>\n<\/tr>\n<\/thead>\n
USDIDR(IDN)<\/a><\/td>\n+0.84%<\/span><\/td>\n<\/tr>\n
USDMXN(MEX)<\/a><\/td>\n-0.62%<\/span><\/td>\n<\/tr>\n
USDNGN(NGA)<\/a><\/td>\n+1.64%<\/span><\/td>\n<\/tr>\n
USDTRY(TUR)<\/a><\/td>\n+2.36%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
BRICS<\/th>\n<\/tr>\n<\/thead>\n
USDBRL(BRA)<\/a><\/td>\n-1.14%<\/span><\/td>\n<\/tr>\n
USDCNY(CHN)<\/a><\/td>\n+0.21%<\/span><\/td>\n<\/tr>\n
USDINR(IND)<\/a><\/td>\n-0.61%<\/span><\/td>\n<\/tr>\n
USDRUB(RUS)<\/a><\/td>\n-0.34%<\/span><\/td>\n<\/tr>\n
USDZAR(ZAF)<\/a><\/td>\n+0.24%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Agricultural<\/th>\n<\/tr>\n<\/thead>\n
Coffee (Robusta)<\/td>\n-3.55%<\/span><\/td>\n<\/tr>\n
Cotton<\/td>\n-0.71%<\/span><\/td>\n<\/tr>\n
Lean Hogs<\/td>\n+1.80%<\/span><\/td>\n<\/tr>\n
Soybean Meal<\/td>\n+1.03%<\/span><\/td>\n<\/tr>\n
Wheat<\/td>\n+0.49%<\/span><\/td>\n<\/tr>\n
Cocoa<\/td>\n-0.05%<\/span><\/td>\n<\/tr>\n
Corn<\/td>\n-0.26%<\/span><\/td>\n<\/tr>\n
Feeder Cattle<\/td>\n+1.00%<\/span><\/td>\n<\/tr>\n
Sugar #11<\/td>\n-4.02%<\/span><\/td>\n<\/tr>\n
Cattle<\/td>\n-3.31%<\/span><\/td>\n<\/tr>\n
Lumber<\/td>\n-2.08%<\/span><\/td>\n<\/tr>\n
Orange Juice<\/td>\n-7.56%<\/span><\/td>\n<\/tr>\n
Soybeans<\/td>\n+2.85%<\/span><\/td>\n<\/tr>\n
Coffee (Arabica)<\/td>\n-7.38%<\/span><\/td>\n<\/tr>\n
White Sugar<\/td>\n-2.34%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Credit Indices<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Index<\/th>\nChange<\/th>\n<\/tr>\n<\/thead>\n
Markit CDX EM<\/td>\n-0.18%<\/span><\/td>\n<\/tr>\n
Markit CDX NA IG<\/td>\n-2.78%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Asia ex-Japan IG<\/td>\n-4.75%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Australia<\/td>\n-4.66%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Europe<\/td>\n-4.75%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Europe Crossover<\/td>\n-29.42%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Japan<\/td>\n-0.03%<\/span><\/td>\n<\/tr>\n
Markit iTraxx SovX Western Europe<\/td>\n-3.07%<\/span><\/td>\n<\/tr>\n
Markit LCDX (Loan CDS)<\/td>\n+0.05%<\/span><\/td>\n<\/tr>\n
Markit MCDX (Municipal CDS)<\/td>\n-1.28%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nAfter all the hype and hoopla, it turned to be a meh<\/em> budget.\n<\/div>\n<\/div>\n

Nifty Heatmap<\/h3>\n

\"CNX<\/a><\/p>\n

Index Returns<\/h3>\n

\"index<\/a><\/p>\n

Sector Performance<\/h3>\n

\"sector<\/a><\/p>\n

Advance Decline<\/h3>\n

\"advance.decline.line2.2015-02-20.2015-02-28\"<\/a><\/p>\n

Market Cap Decile Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Decile<\/th>\nMkt. Cap.<\/th>\nAdv\/Decl<\/th>\n<\/tr>\n<\/thead>\n
1 (micro)<\/td>\n-0.84%<\/span><\/td>\n68\/67<\/td>\n<\/tr>\n
2<\/td>\n-0.57%<\/span><\/td>\n71\/63<\/td>\n<\/tr>\n
3<\/td>\n-0.50%<\/span><\/td>\n66\/69<\/td>\n<\/tr>\n
4<\/td>\n-1.52%<\/span><\/td>\n57\/78<\/td>\n<\/tr>\n
5<\/td>\n-0.36%<\/span><\/td>\n70\/65<\/td>\n<\/tr>\n
6<\/td>\n-0.16%<\/span><\/td>\n65\/70<\/td>\n<\/tr>\n
7<\/td>\n-0.65%<\/span><\/td>\n64\/71<\/td>\n<\/tr>\n
8<\/td>\n-0.47%<\/span><\/td>\n68\/67<\/td>\n<\/tr>\n
9<\/td>\n+0.21%<\/span><\/td>\n62\/73<\/td>\n<\/tr>\n
10 (mega)<\/td>\n-0.50%<\/span><\/td>\n66\/69<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nMal<\/em> all around…\n<\/div>\n<\/div>\n

Top Winners and Losers<\/h3>\n
\n
\n\n\n\n\n\n\n\n
NTPC<\/a><\/td>\n+7.04%<\/span><\/td>\n<\/tr>\n
KOTAKBANK<\/a><\/td>\n+7.61%<\/span><\/td>\n<\/tr>\n
AXISBANK<\/a><\/td>\n+9.10%<\/span><\/td>\n<\/tr>\n
ITC<\/a><\/td>\n-8.76%<\/span><\/td>\n<\/tr>\n
SAIL<\/a><\/td>\n-5.25%<\/span><\/td>\n<\/tr>\n
MOTHERSUMI<\/a><\/td>\n-5.22%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nInvestors are still trying to figure out what Make in India<\/em> is all about.
\nMeanwhile, converging FPI & FDI might allow Axis Bank to be included back again into the MSCI India index.\n<\/div>\n<\/div>\n

ETF Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n
BANKBEES<\/a><\/td>\n+2.94%<\/span><\/td>\n<\/tr>\n
NIFTYBEES<\/a><\/td>\n+0.66%<\/span><\/td>\n<\/tr>\n
CPSEETF<\/a><\/td>\n+0.44%<\/span><\/td>\n<\/tr>\n
JUNIORBEES<\/a><\/td>\n+0.36%<\/span><\/td>\n<\/tr>\n
INFRABEES<\/a><\/td>\n-1.08%<\/span><\/td>\n<\/tr>\n
GOLDBEES<\/a><\/td>\n-1.28%<\/span><\/td>\n<\/tr>\n
PSUBNKBEES<\/a><\/td>\n-2.43%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nWe still don’t know how PSU banks are going to fund themselves…\n<\/div>\n<\/div>\n

Yield Curve<\/h3>\n

\"yield<\/a><\/p>\n

Bond Indices<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n
Sub Index<\/th>\nChange in YTM<\/th>\nTotal Return(%)<\/th>\n<\/tr>\n<\/thead>\n
GSEC TB<\/td>\n+0.14<\/span><\/td>\n+0.11%<\/span><\/td>\n<\/tr>\n
GSEC SUB 1-3<\/td>\n+0.26<\/span><\/td>\n-0.12%<\/span><\/td>\n<\/tr>\n
GSEC SUB 3-8<\/td>\n+0.17<\/span><\/td>\n-0.41%<\/span><\/td>\n<\/tr>\n
GSEC SUB 8<\/td>\n+0.06<\/span><\/td>\n-0.21%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nA flat yield curve, going nowhere in a hurry…\n<\/div>\n<\/div>\n

Investment Theme Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Market Fliers<\/a><\/td>\n+1.19%<\/span><\/td>\n<\/tr>\n
CNX 100 50-Day Tactical<\/a><\/td>\n+0.51%<\/span><\/td>\n<\/tr>\n
Balance-sheet Strength<\/a><\/td>\n+0.46%<\/span><\/td>\n<\/tr>\n
Refract: PPFAS Long Term Value Fund<\/a><\/td>\n+0.42%<\/span><\/td>\n<\/tr>\n
Magic Formula Investing<\/a><\/td>\n+0.37%<\/span><\/td>\n<\/tr>\n
Financial Strength Value<\/a><\/td>\n+0.29%<\/span><\/td>\n<\/tr>\n
Enterprise Yield<\/a><\/td>\n+0.27%<\/span><\/td>\n<\/tr>\n
IT 3rd Benchers<\/a><\/td>\n-0.01%<\/span><\/td>\n<\/tr>\n
Momentum 200<\/a><\/td>\n-0.07%<\/span><\/td>\n<\/tr>\n
Market Elephants<\/a><\/td>\n-0.40%<\/span><\/td>\n<\/tr>\n
Growth with Moat<\/a><\/td>\n-0.45%<\/span><\/td>\n<\/tr>\n
ADAG Mania<\/a><\/td>\n-0.56%<\/span><\/td>\n<\/tr>\n
Efficient Growth<\/a><\/td>\n-1.36%<\/span><\/td>\n<\/tr>\n
Old Economy Value<\/a><\/td>\n-1.38%<\/span><\/td>\n<\/tr>\n
The Other Value<\/a><\/td>\n-1.53%<\/span><\/td>\n<\/tr>\n
Piotroski ROC Small Caps<\/a><\/td>\n-1.61%<\/span><\/td>\n<\/tr>\n
Auto <\/a><\/td>\n-2.30%<\/span><\/td>\n<\/tr>\n
Quality to Price<\/a><\/td>\n-2.54%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nWas a not a good week for midcap value…\n<\/div>\n<\/div>\n

Equity Mutual Funds<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n
Best<\/th>\n<\/tr>\n<\/thead>\n
Religare Invesco PSU Equity Fund – Growth<\/a><\/td>\n+1.31%<\/span><\/td>\n<\/tr>\n
Sundaram PSU Opportunities Growth Option<\/a><\/td>\n+1.22%<\/span><\/td>\n<\/tr>\n
Religare Invesco AGILE Fund – Growth Option<\/a><\/td>\n+1.14%<\/span><\/td>\n<\/tr>\n
BOI AXA Focussed Infrastructure Fund-Growth<\/a><\/td>\n+0.96%<\/span><\/td>\n<\/tr>\n
SBI INFRASTRUCTURE FUND – SERIES I – REGULAR PLAN – GROWTH (6\/7\/2007)<\/a><\/td>\n+0.95%<\/span><\/td>\n<\/tr>\n
Escorts Opportunities Fund-Growth<\/a><\/td>\n+0.88%<\/span><\/td>\n<\/tr>\n
Tata Equity P\/E Fund Plan A-(Growth Option)<\/a><\/td>\n+0.79%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n
Worst<\/th>\n<\/tr>\n<\/thead>\n
Sundaram Select Midcap-Growth<\/a><\/td>\n-1.34%<\/span><\/td>\n<\/tr>\n
Reliance Tax Saver (ELSS) Fund-Growth Plan-Growth Option<\/a><\/td>\n-1.36%<\/span><\/td>\n<\/tr>\n
SBI MAGNUM GLOBAL FUND 94 – REGULAR PLAN -GROWTH<\/a><\/td>\n-1.42%<\/span><\/td>\n<\/tr>\n
IDBI Equity Advantage Fund – Growth Regular<\/a><\/td>\n-1.48%<\/span><\/td>\n<\/tr>\n
SBI Smal & Midcap – Regular Plan – Growth<\/a><\/td>\n-1.53%<\/span><\/td>\n<\/tr>\n
Sahara Midcap Fund-Growth Plan<\/a><\/td>\n-1.63%<\/span><\/td>\n<\/tr>\n
SBI MSFU EMERGING BUSINESSES FUND – REGULAR PLAN -GROWTH<\/a><\/td>\n-2.24%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Bond Mutual Funds<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n
Best<\/th>\n<\/tr>\n<\/thead>\n
ICICI Prudential Income Opportunities Fund – Regular Plan – Growth<\/a><\/td>\n+0.44%<\/span><\/td>\n<\/tr>\n
JPMorgan India Active Bond Fund – Retail Plan – Growth Option<\/a><\/td>\n+0.43%<\/span><\/td>\n<\/tr>\n
L&T Resurgent India Corporate Bond Fund – Growth Option<\/a><\/td>\n+0.42%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Dynamic Bond Fund – Premium Plus Growth<\/a><\/td>\n+0.40%<\/span><\/td>\n<\/tr>\n
JPMorgan India Corporate Debt Opportunities Fund – Regular Plan – Growth Option<\/a><\/td>\n+0.39%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Dynamic Bond Fund – Regular Plan – Growth<\/a><\/td>\n+0.38%<\/span><\/td>\n<\/tr>\n
Franklin India Dynamic Accrual Fund-Growth<\/a><\/td>\n+0.38%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n
Worst<\/th>\n<\/tr>\n<\/thead>\n
Franklin India Govt.Sec. Fund-PF Plan – Growth<\/a><\/td>\n-0.08%<\/span><\/td>\n<\/tr>\n
DWS Gilt Fund Growth Op<\/a><\/td>\n-0.08%<\/span><\/td>\n<\/tr>\n
IIFL Dynamic Bond Fund – Regular Plan – Growth Option<\/a><\/td>\n-0.09%<\/span><\/td>\n<\/tr>\n
BARODA PIONEER INCOME FUND – Plan A – Growth Option<\/a><\/td>\n-0.11%<\/span><\/td>\n<\/tr>\n
HDFC Inflation Indexed Bond Fund – Regular Growth<\/a><\/td>\n-0.34%<\/span><\/td>\n<\/tr>\n
DWS Inflation Indexed Bond Fund- Regular Plan- Growth<\/a><\/td>\n-0.45%<\/span><\/td>\n<\/tr>\n
SBI INFLATION INDEXED BOND FUND – REGULAR PLAN – GROWTH<\/a><\/td>\n-0.48%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Thought for the weekend<\/h3>\n
\nWe live in a world awash with information, but we seem to face a growing scarcity of wisdom. And what\u2019s worse, we confuse the two. We believe that having access to more information produces more knowledge, which results in more wisdom. But, if anything, the opposite is true \u2014 more and more information without the proper context and interpretation only muddles our understanding of the world rather than enriching it.\n<\/div>\n