Ai : is in the news and this will dominate everything…let this also be the theme for your investments.…Ai / active investing.… because this is what really creates wealth and not passive investing

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Global Markets

YTD Performance

Atleast one war has ended…may peace be to all !

3-Macros

$₹ / Gold / Oil

We look at the 3 Macros that affect Indian market viz., $₹ / Gold / Oil

Gold : nearing ATH levels after the trend changed

USD/INR : Money has stopped flowing out for now

Oil : failed breakout after trump said “drill baby drill”

The Market

CNX500

We are still in the “money-losing” phase on both sides. Whipsawing both sides while it seems that the downtrend continues.

It is always worth waiting for a trend change on W basis and its better to buy a week late than a week early to protect capital.

Nothing good happens below the 200 so waiting for the repeat of Steps 1..2..3..

Market Breadth

New Highs / New Lows

Market breadth is all lack lustre, its a long winter this time in the markets.

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We need to get above the zero line.

Sectoral Analysis

Performance and RS

We compare YTD-RS vs 3M-RS to check sector rotation in market.

YTD Basis : IT, Commodities, Fmcg

3M Basis : IT, Pharma, Psubanks

Industry Groups

Leadership / Strength

3M

Market Momentum Makers

Ai (Active Investing) ideas for next week

NONE