This is an art we are planning to master eventually “Magic formula”
Oil inventories analysis
This article compares in depth oil inventories build-up of today and 2012.
Low oil price side-effects
1. Transportation companies are at all times high 2. Goldman’s emerging market picks: Taiwan, Turkey, India as they benefit from low oil. India really looks good, Turkey and Taiwan a bit dangerous for various reasons 3. Russia/China cooperation gets stronger. Will add direct oil/gas sales, gold and USD swaps between countries. …. [Will add effects …
Japan ETF
Assuming that Abenomics is successful, Japan due to rebounce this year. Focus on high liquidity ETFs that are at least 3 years old and have positive 3 years returns EWJ iShares MSCI Japan ETF -1.16% -2.33% -1.16% -6.41% +28.08% +18.34% DXJ Japan Hedged Equity Fund -1.83% -10.52% -1.83% -1.31% +63.29% +30.51% NKY MAXIS Nikkei 225 …
Europe stocks will rebounce this year
Europe stocks are now oversold. Since European QE is coming any time soon, it might be great to start buying European indices. We had a similar situation back 4 years ago. Interesting candidates based on revenue and liquidity: Symbol Name 1 Week 4 Week YTD 1 Year 3 Year 5 Year ▼ DFE Europe SmallCap …
S&P correlations
S&P correlates to several indicators which are interconnected. 1. US economic index since the companies are American 2. The USEI is partially driven by Fed (FOMC) 3. The S&P correlates to USD power and USD/Yen ratio (via carry trade and buyback) The relationship between S&P and Russel2000 is more complex, even though Russel 2000 caught …
Volatility and stock returns
Effect of volatility on S&P returns or maybe viceversa due to contango…. I wonder if volatility is leading or lagging indicator…
Sector-by-sector analysis January
Sector by sector mention The conclusions are questionable but the idea of personalized per-sector rebalancing is kind of cool.
Market profitability analysis
The whole market is pretty much neutral based on P/E analysis.
Corporate profit margin by sector
Required for sector rebalancing within investment portfolio profit margins analysis. Consumer staples and discretionary will go down, healthcare/energy/financials will go up?