Stork Capital S.à.r.l.’s Post

Markets slide after fresh record highs; Sensex ends 188 points lower

Markets slide after hitting fresh record highs; Sensex ends 188 pts lower

This week's #BigStory in BL Portfolio businessline delves into the investment opportunities beyond the benchmark indices, #Sensex and #Nifty50, which have underperformed relative to other broader indices. Gurumurthy Kumaraguru has conducted an extensive study utilizing #technicalanalysis on these outperforming broader indices, providing valuable insights for investors seeking new investment avenues. https://lnkd.in/geKappGP

𝐓𝐡𝐞 𝐖𝐞𝐞𝐤𝐥𝐲 𝐓𝐞𝐧𝐨𝐫 – Nuggets for the week ending Friday 11 Oct 2024 The S&P/ASX 300 rose 0.8% last week on strength in Tech (+2.8%) and Financials (+2.4%). While Energy (-1.7%) was the weakest sector for the week, it remains the strongest for the past month (+11.6%).   🛢 𝐑𝐨𝐜𝐤 𝐎𝐧 Iron ore (-2.8%), coking coal (-4.5%), and thermal coal (-1.0%) gave back some of the huge gains reported in the previous week but remain up 15%, 16%, and 6% for the month, respectively. Oil (Brent +0.1%) eked out a gain after the 8.4% run the week prior. Gold (flat) has been hovering around all-time highs for two weeks now following its strong 6-12 month run.   🏛 𝐌𝐚𝐜𝐫𝐨 𝐏𝐨𝐥𝐨 The RBA’s September board meeting minutes omitted some previous hawkish commentary. Both NAB business conditions and Westpac consumer sentiment improved. Some data points suggest the labour market is now closer to ‘balanced’ than ‘tight’.   👶 𝐏𝐨𝐥𝐢𝐭𝐢𝐜𝐚𝐥 𝐅𝐨𝐨𝐭𝐛𝐚𝐥𝐥 Chatter around a potential hung parliament after the upcoming election has increased markedly. Yesterday’s Newspoll puts the Coalition ahead of Labor in 2PP terms.   𝐒𝐞𝐜𝐭𝐨𝐫 𝐒𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭 ✅ Tech (+2.8%) WiseTech Global (+1.6%) Xero (+3.0%) Life360 (+8.9%) Nuix (+11.0%) BrainChip (+34.8%) ✅ Financials (+2.4%) Block (+9.1%) Big 4 + Macquarie (+2.2-3.3%) Netwealth - See Wealth Differently (ASX:NWL) (+10.8%) ❌ Energy (-1.7%) Woodside (-2.9%)   Arcadium Lithium (+95.7%) surged on a takeover offer from Rio Tinto (-3.3%).   In international markets the Hang Seng (-6.5%) and China SSE (-3.6%) gave back some of their large recent China-stimulus gains, while US markets ticked higher (S&P 500 +1.1%).   This week unemployment data will be out on Thursday, with consensus expecting no change from the previous print (4.2%).   Disclaimer: NFA, DYOR, GLTAH.   #mcnuggs

Minotaur Capital has just released the inaugural quarterly for the Minotaur Global Opportunities Fund. It provides insight into how we think about the world and investing. This includes exploring the macro, a look under the bonnet of our software engine Taurient, and a discussion of two key stock picks involving an underrated way to play the energy transition through transmission... and a star YouTube talent who is a rapping reaper. 'What do you mean a rapping reaper?' I hear you ask. Find out here: https://lnkd.in/gjgCVkiq

Daily Market Update: Spotlight on Energy Stocks In a day marked by declines across most sectors, energy stocks emerged as a notable exception, showcasing resilience with a gain of 0.7%. Leading the charge was APA Corporation, which saw an impressive surge of over 5%. This uptick reflects not only the stability of oil prices but also the broader market’s interest in energy investments. #CPI #data #Fed #Forecast #Impact #Meeting #Nasdaq #Trends #yearend

SRAM/Prizm Large Cap L/S U.S. Equities Factsheet for October 2024 Delivering, a little less, to October 2024…Growth Through Capital Preservation…when you need it… The Prizm Master Fund, designed to preserve capital by delivering positive returns in most market environments, had a challenging October. At the end of October 2024, the Fund has delivered a YTD gain of 5.15%. With markets near all-time highs and around 60% of our universe making 200-day highs, it is frustrating, but not surprising, to see our shorts being squeezed substantially higher on the month.   During October, the Prizm Fund saw a 3.69% fall compared to the S&P 500 indexes which shows that it can and sometimes is, negatively correlated to markets, especially when markets are making all-time highs. Since inception, the Fund has seen a cumulative gain of 17.64%, inclusive of management and performance fees, behind the 24.22% gain of the S&P 500 equal-weighted index, and ahead of cash gains of 11.71%.   The consensus 2025 fiscal year earnings estimates anticipate a 13.76% upswing for the S&P 500 ($273.73 and a PE of 20.84x) and for the S&P 500 equal-weighted index estimates suggest a 13.37% increase ($430.41 and a PE of 16.60x). These 2025 S&P 500 equal-weighted index estimates assume 3.94% revenue growth and should be considered in the context of an estimated 4.1% (based on 1.9% GDP & 2.2% inflation) nominal GDP growth for FY25. It’s worth noting EBITDA margins for the S&P 500 equal-weighted index are forecast to be 16.21% in FY24. For FY 2025 margins are forecast to be 17.60% compared to 17.84% in September.   We continue to be mindful of what could sabotage the current “goldilocks world” we are living in and are becoming increasingly concerned what global warming could mean for crop yields now, and into the future. Of note is the latest moves in Coffee prices as an example driven by Brazilian droughts and their impact. And we continue to monitor developments in Taiwan.   Fundamentally, the Fund is committed to authentic valuation-driven stock picking without the need for any leverage to “make it work”. Our methodology does not reflect the intrinsic quality of the business, the competence of its leadership or its offering. Rather, it signals/questions if the current market valuation accurately reflects the prevailing company story, and whether it is undervalued or excessively overvalued. And of course, stocks can always get more expensive or indeed cheaper. It’s worth highlighting that, at its core, this product is about capital preservation, when you need it most, namely in market drawdowns.   NB this is not a recommendation to buy/sell and is for informational purposes and professional investors only. Should you have any questions regarding the above please contact: Chris at cl@southriveram.com https://lnkd.in/djMkqV3d

✨💼 UTI Nifty Alpha Low - Volatility 30 Index Fund 💼✨ 🌐 An open-ended scheme replicating/tracking Nifty Alpha Low-Volatility 30 TRI. 🌐 ✨🔥 Features 1) Smart Beta Index Fund which provides exposure to two factors – ‘Alpha’ and ‘Low Volatility’ in a single fund 2) Exposure to companies with better growth potential and Stability 3) Portfolio of 30 stocks, diversified among aggressive and defensive sectors 4) Provides Alpha generation opportunity by multifactor smart beta strategy. 🔥✨ ✨🔥 Why Invest in UTI Nifty Alpha Low-Volatility 30 Index Fund? 1) Provides exposure to two factors in a single fund. 2) Exposure to companies with better growth potential and stability. 3) Provides alpha generation opportunity with reduced volatility. 4) Build style diversification in your portfolio. 🔥✨ ✨🔥 NFO Period: 11 – 25 November 2024 🔥✨ ✨🔥 Time frame suggested: 4 years and above 🔥✨ ✨🔥 Lower Expense Ratio. 🔥✨ 💰📊💰 Minimum Lumpsum Investment: ₹ 1000 💰📊💰 💰📊💰 Minimum SIP Investment: ₹ 500 💰📊💰 📊📈📊 Benchmark – Nifty Alpha Low-Volatility 30 TRI 📊📈📊 💼 For more details on investment, health, and wealth protection strategies, please visit our website: 💼 🌐 https://lnkd.in/dMh-Y_AP 🌐 Connect with us: WhatsApp: +919322641250 Email ID: rsrsridhara@yahoo.co.in Referral Link: https://lnkd.in/d5huMyKu 🤝💼 Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The post's details and figures are only meant for general information and education. They vary from time to time. Please check the facts and consult your qualified financial consultant before investing. 📈📊

The Nifty Midcap 100 index slightly underperformed the Nifty 50 but still settled positive with a significant gain of 3.19 percent. Among a range of sectors, PSU Banks and Energy emerged as top performers, exhibiting strength. Conversely, Pharma and IT lagged behind, encountering hurdles and displaying weaker performance throughout the trading session. The options market indicates that the highest open interest on the call side is at 23500/24000 level, while on the put side, its at 22500/22000. Today's option chain analysis reveals a higher volume of put writing in comparison to call writing, signaling a bullish sentiment in the market.

The 10 largest market capitalization gains in a single day