{"id":2028231,"date":"2015-07-04T10:18:06","date_gmt":"2015-07-04T04:48:06","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2028231"},"modified":"2015-07-04T10:18:06","modified_gmt":"2015-07-04T04:48:06","slug":"weekly-recap-illusion-of-insight","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2015\/07\/04\/weekly-recap-illusion-of-insight\/","title":{"rendered":"Weekly Recap: Illusion of Insight"},"content":{"rendered":"

\"world.2015-06-26.2015-07-03\"<\/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-3.78%<\/span><\/td>\n<\/tr>\n
CAC(FRA)<\/a><\/td>\n-4.96%<\/span><\/td>\n<\/tr>\n
UKX(GBR)<\/a><\/td>\n-2.49%<\/span><\/td>\n<\/tr>\n
NKY(JPN)<\/a><\/td>\n-0.80%<\/span><\/td>\n<\/tr>\n
SPX(USA)<\/a><\/td>\n-1.07%<\/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+1.22%<\/span><\/td>\n<\/tr>\n
INMEX(MEX)<\/a><\/td>\n-1.33%<\/span><\/td>\n<\/tr>\n
NGSEINDX(NGA)<\/a><\/td>\n-0.96%<\/span><\/td>\n<\/tr>\n
XU030(TUR)<\/a><\/td>\n-3.24%<\/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-2.42%<\/span><\/td>\n<\/tr>\n
SHCOMP(CHN)<\/a><\/td>\n-12.07%<\/span><\/td>\n<\/tr>\n
NIFTY(IND)<\/a><\/td>\n+1.24%<\/span><\/td>\n<\/tr>\n
INDEXCF(RUS)<\/a><\/td>\n-0.78%<\/span><\/td>\n<\/tr>\n
TOP40(ZAF)<\/a><\/td>\n-1.49%<\/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-4.66%<\/span><\/td>\n<\/tr>\n
Ethanol<\/td>\n+3.10%<\/span><\/td>\n<\/tr>\n
Natural Gas<\/td>\n+0.18%<\/span><\/td>\n<\/tr>\n
WTI Crude Oil<\/td>\n-6.97%<\/span><\/td>\n<\/tr>\n
Heating Oil<\/td>\n-3.60%<\/span><\/td>\n<\/tr>\n
RBOB Gasoline<\/td>\n-2.01%<\/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-1.13%<\/span><\/td>\n<\/tr>\n
Palladium<\/td>\n+0.78%<\/span><\/td>\n<\/tr>\n
Platinum<\/td>\n+0.21%<\/span><\/td>\n<\/tr>\n
Gold 100oz<\/td>\n-0.29%<\/span><\/td>\n<\/tr>\n
Silver 5000oz<\/td>\n-0.64%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n
\n

Currencies<\/h3>\n

USDEUR<\/a>:+0.51% <\/span> USDJPY<\/a>:-0.86% <\/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+0.09%<\/span><\/td>\n<\/tr>\n
USDMXN(MEX)<\/a><\/td>\n+0.96%<\/span><\/td>\n<\/tr>\n
USDNGN(NGA)<\/a><\/td>\n-0.03%<\/span><\/td>\n<\/tr>\n
USDTRY(TUR)<\/a><\/td>\n+0.95%<\/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+0.25%<\/span><\/td>\n<\/tr>\n
USDCNY(CHN)<\/a><\/td>\n-0.06%<\/span><\/td>\n<\/tr>\n
USDINR(IND)<\/a><\/td>\n-0.32%<\/span><\/td>\n<\/tr>\n
USDRUB(RUS)<\/a><\/td>\n+1.83%<\/span><\/td>\n<\/tr>\n
USDZAR(ZAF)<\/a><\/td>\n+0.82%<\/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
Corn<\/td>\n+9.16%<\/span><\/td>\n<\/tr>\n
Feeder Cattle<\/td>\n+0.15%<\/span><\/td>\n<\/tr>\n
Lean Hogs<\/td>\n+4.63%<\/span><\/td>\n<\/tr>\n
Lumber<\/td>\n-1.60%<\/span><\/td>\n<\/tr>\n
Cattle<\/td>\n+2.02%<\/span><\/td>\n<\/tr>\n
Cocoa<\/td>\n-0.23%<\/span><\/td>\n<\/tr>\n
Coffee (Arabica)<\/td>\n-4.07%<\/span><\/td>\n<\/tr>\n
Cotton<\/td>\n+1.26%<\/span><\/td>\n<\/tr>\n
Coffee (Robusta)<\/td>\n-2.48%<\/span><\/td>\n<\/tr>\n
Orange Juice<\/td>\n-2.44%<\/span><\/td>\n<\/tr>\n
Soybean Meal<\/td>\n+4.91%<\/span><\/td>\n<\/tr>\n
Soybeans<\/td>\n+4.58%<\/span><\/td>\n<\/tr>\n
Sugar #11<\/td>\n+6.14%<\/span><\/td>\n<\/tr>\n
Wheat<\/td>\n+4.59%<\/span><\/td>\n<\/tr>\n
White Sugar<\/td>\n+3.31%<\/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\n
Index<\/th>\nChange<\/th>\n<\/tr>\n<\/thead>\n
Markit CDX EM<\/td>\n-0.19%<\/span><\/td>\n<\/tr>\n
Markit CDX NA HY<\/td>\n+0.10%<\/span><\/td>\n<\/tr>\n
Markit CDX NA IG<\/td>\n+1.32%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Asia ex-Japan IG<\/td>\n+5.12%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Australia<\/td>\n+5.77%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Europe<\/td>\n+6.41%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Europe Crossover<\/td>\n+27.25%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Japan<\/td>\n+0.68%<\/span><\/td>\n<\/tr>\n
Markit iTraxx SovX Western Europe<\/td>\n+2.22%<\/span><\/td>\n<\/tr>\n
Markit LCDX (Loan CDS)<\/td>\n-0.04%<\/span><\/td>\n<\/tr>\n
Markit MCDX (Municipal CDS)<\/td>\n+4.16%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nThe Nifty was one of the few global indices that ended this week in the green. Pretty much all markets were buffetted by the Greece drama. Shanghai had one of the worst weeks ever – Chinese regulators have allowed pretty much anything to be posted as collateral, the only thing that remains to be tried is outlawing falling stock prices.\n<\/div>\n<\/div>\n

Nifty Heatmap<\/h3>\n

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

Index Returns<\/h3>\n

For a deeper dive into indices, check out our weekly Index Update<\/a>.
\n\"index.performance.2015-06-26.2015-07-03\"<\/a><\/p>\n

Sector Performance<\/h3>\n

\"sector<\/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+2.10%<\/span><\/td>\n64\/67<\/td>\n<\/tr>\n
2<\/td>\n+2.76%<\/span><\/td>\n71\/59<\/td>\n<\/tr>\n
3<\/td>\n+3.02%<\/span><\/td>\n72\/59<\/td>\n<\/tr>\n
4<\/td>\n+2.47%<\/span><\/td>\n68\/62<\/td>\n<\/tr>\n
5<\/td>\n+3.80%<\/span><\/td>\n76\/55<\/td>\n<\/tr>\n
6<\/td>\n+2.73%<\/span><\/td>\n67\/63<\/td>\n<\/tr>\n
7<\/td>\n+1.58%<\/span><\/td>\n69\/62<\/td>\n<\/tr>\n
8<\/td>\n+1.35%<\/span><\/td>\n67\/63<\/td>\n<\/tr>\n
9<\/td>\n+1.52%<\/span><\/td>\n63\/68<\/td>\n<\/tr>\n
10 (mega)<\/td>\n+0.81%<\/span><\/td>\n72\/59<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nMidcaps outperformed large-caps. Is this a sign of the market turning around?\n<\/div>\n<\/div>\n

Top Winners and Losers<\/h3>\n
\n
\n\n\n\n\n\n\n\n
AMBUJACEM<\/a><\/td>\n+6.76%<\/span><\/td>\n<\/tr>\n
BAJAJFINSV<\/a><\/td>\n+12.09%<\/span><\/td>\n<\/tr>\n
UBL<\/a><\/td>\n+13.80%<\/span><\/td>\n<\/tr>\n
TECHM<\/a><\/td>\n-9.62%<\/span><\/td>\n<\/tr>\n
HINDALCO<\/a><\/td>\n-5.47%<\/span><\/td>\n<\/tr>\n
BHARATFORG<\/a><\/td>\n-3.67%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nWho would’ve thunk that a cement stock can go up more than 6% in a week?\n<\/div>\n<\/div>\n

ETF Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n
BANKBEES<\/a><\/td>\n+1.72%<\/span><\/td>\n<\/tr>\n
JUNIORBEES<\/a><\/td>\n+1.70%<\/span><\/td>\n<\/tr>\n
PSUBNKBEES<\/a><\/td>\n+1.02%<\/span><\/td>\n<\/tr>\n
NIFTYBEES<\/a><\/td>\n+0.88%<\/span><\/td>\n<\/tr>\n
CPSEETF<\/a><\/td>\n+0.56%<\/span><\/td>\n<\/tr>\n
INFRABEES<\/a><\/td>\n+0.36%<\/span><\/td>\n<\/tr>\n
GOLDBEES<\/a><\/td>\n-1.07%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nBanks caught a bid. Gold sank.\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+0.12%<\/span><\/td>\n<\/tr>\n
GSEC SUB 1-3<\/td>\n+0.16<\/span><\/td>\n-0.10%<\/span><\/td>\n<\/tr>\n
GSEC SUB 3-8<\/td>\n+0.32<\/span><\/td>\n-1.27%<\/span><\/td>\n<\/tr>\n
GSEC SUB 8<\/td>\n+0.19<\/span><\/td>\n-1.32%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nThe long end of the curve got creamed…\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
Quality to Price<\/a><\/td>\n+4.72%<\/span><\/td>\n<\/tr>\n
Magic Formula<\/a><\/td>\n+3.27%<\/span><\/td>\n<\/tr>\n
Financial Strength Value<\/a><\/td>\n+3.01%<\/span><\/td>\n<\/tr>\n
Next Trillion<\/a><\/td>\n+2.68%<\/span><\/td>\n<\/tr>\n
Low Volatility<\/a><\/td>\n+2.54%<\/span><\/td>\n<\/tr>\n
Momentum<\/a><\/td>\n+2.50%<\/span><\/td>\n<\/tr>\n
ASK Life<\/a><\/td>\n+2.13%<\/span><\/td>\n<\/tr>\n
CNX 100 Enterprise Yield<\/a><\/td>\n+2.06%<\/span><\/td>\n<\/tr>\n
The RBI Restricted List<\/a><\/td>\n+1.52%<\/span><\/td>\n<\/tr>\n
Media, Health, IT, Telecom, Services, Pharma Quality To Price<\/a><\/td>\n+1.35%<\/span><\/td>\n<\/tr>\n
Tactical CNX 100<\/a><\/td>\n+1.29%<\/span><\/td>\n<\/tr>\n
Textile, Metals, Chemicals, Paper and Energy Quality to Price<\/a><\/td>\n+1.23%<\/span><\/td>\n<\/tr>\n
Auto and Consumer Goods Quality to Price<\/a><\/td>\n+1.03%<\/span><\/td>\n<\/tr>\n
PPFAS Long Term Value<\/a><\/td>\n+0.28%<\/span><\/td>\n<\/tr>\n
Balance Sheet Strength<\/a><\/td>\n+0.18%<\/span><\/td>\n<\/tr>\n
High Beta<\/a><\/td>\n-0.42%<\/span><\/td>\n<\/tr>\n
ADAG stocks<\/a><\/td>\n-1.38%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nRally in mid-caps helped most investment strategies go green…\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
Canara Robeco Infrastructure – Regular Plan – GROWTH<\/a><\/td>\n+2.83%<\/span><\/td>\n<\/tr>\n
Birla Sun Life Pure Value Fund – Growth Option<\/a><\/td>\n+2.61%<\/span><\/td>\n<\/tr>\n
IDBI Equity Advantage Fund – Growth Regular<\/a><\/td>\n+2.57%<\/span><\/td>\n<\/tr>\n
Religare Invesco AGILE Fund – Growth Option<\/a><\/td>\n+2.49%<\/span><\/td>\n<\/tr>\n
HSBC Progressive Themes Fund – Growth<\/a><\/td>\n+2.46%<\/span><\/td>\n<\/tr>\n
ICICI Prudential MidCap Fund – Regular Plan – Growth<\/a><\/td>\n+2.45%<\/span><\/td>\n<\/tr>\n
SBI Smal & Midcap – Regular Plan – Growth<\/a><\/td>\n+2.37%<\/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
Reliance Japan Equity Fund- Growth Plan- Growth Option<\/a><\/td>\n-1.30%<\/span><\/td>\n<\/tr>\n
Mirae Asset Global Commodity Stocks – Growth Option<\/a><\/td>\n-2.05%<\/span><\/td>\n<\/tr>\n
L&T Global Real Assets Fund-Growth Option<\/a><\/td>\n-2.24%<\/span><\/td>\n<\/tr>\n
Birla Sun Life International Equity Fund – Plan A – Growth – Regular Plan<\/a><\/td>\n-2.80%<\/span><\/td>\n<\/tr>\n
Religare Invesco Global Equity Income Fund – Regular Plan – Growth<\/a><\/td>\n-2.86%<\/span><\/td>\n<\/tr>\n
Mirae Asset China Advantage Fund – Regular Plan Growth Option<\/a><\/td>\n-3.51%<\/span><\/td>\n<\/tr>\n
Religare Invesco Pan European Equity Fund – Regular Plan – Growth Option<\/a><\/td>\n-4.32%<\/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
IDFC Dynamic Bond Fund -Regular Plan-GROWTH<\/a><\/td>\n+0.76%<\/span><\/td>\n<\/tr>\n
IDFC – SSIF – Investment Plan -Regular Plan- Growth Option<\/a><\/td>\n+0.76%<\/span><\/td>\n<\/tr>\n
IDFC Super Saver Income Fund- IP-Plan F Growth<\/a><\/td>\n+0.76%<\/span><\/td>\n<\/tr>\n
IDFC Dynamic Bond Fund – Growth<\/a><\/td>\n+0.76%<\/span><\/td>\n<\/tr>\n
IDFC GSF-Provident Fund-Regular Plan-Growth<\/a><\/td>\n+0.74%<\/span><\/td>\n<\/tr>\n
IDFC GSF-Provident Fund-Inst Plan B-Growth<\/a><\/td>\n+0.73%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Long Term Gilt Fund – Regular Plan – Growth<\/a><\/td>\n+0.71%<\/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
DWS Premier Bond Fund – Regular Plan-\/-Growth Plan<\/a><\/td>\n+0.20%<\/span><\/td>\n<\/tr>\n
DWS PREMIER BOND FUND INST PLAN GROWTH<\/a><\/td>\n+0.19%<\/span><\/td>\n<\/tr>\n
Edelweiss Gilt Fund – Growth Option<\/a><\/td>\n+0.11%<\/span><\/td>\n<\/tr>\n
HDFC Inflation Indexed Bond Fund – Regular Growth<\/a><\/td>\n-0.02%<\/span><\/td>\n<\/tr>\n
DWS Inflation Indexed Bond Fund- Regular Plan- Growth<\/a><\/td>\n-0.02%<\/span><\/td>\n<\/tr>\n
SBI INFLATION INDEXED BOND FUND – REGULAR PLAN – GROWTH<\/a><\/td>\n-0.05%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Dynamic Accrual Plan – Regular Plan – Growth<\/a><\/td>\n-0.11%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Thought for the weekend<\/h3>\n
\nPeople were more confident that they knew the answers \u2014 had the information in their heads \u2014 if they had access to [internet] search. It\u2019s more like thinking you know how to fix a car if you have access to a mechanic.<\/p>\n

Plus, searching the internet is almost effortless, and it\u2019s almost always accessible. You never face your ignorance when it\u2019s there. Because we\u2019re so deeply plugged into it, we misattribute the connection to knowledge to actually having the knowledge ourselves.<\/p>\n

Emotional investments can give people the illusion of insight.\n<\/p><\/div>\n

Source: The Internet Makes You Think You\u2019re Smarter Than You Are<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Equities Major DAX(DEU) -3.78% CAC(FRA) -4.96% UKX(GBR) -2.49% NKY(JPN) -0.80% SPX(USA) -1.07% 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% Commodities 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 … <\/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":[987],"class_list":["post-2028231","post","type-post","status-publish","format-standard","hentry","category-your-money","tag-weekly","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2028231","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=2028231"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2028231\/revisions"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2028231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2028231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2028231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}