Orpheus CAPITALS © US 15 ORMI © The latest US 15 ORMI © Index update carries the equity curve from Aug 2001 till date. The Orpheus Risk Management Index (ORMI) is up 160% since 2002. The S&P 500 is up 25% since 2001. The ORMI outperformed the S&P 500 by 135% (2002 till date). In […]
Life or stock picking is similar, both need decision making. Decision making is connected with psychology, skill, research method, etc. I should give it to the technicians, or to the brilliant John Murphy, who taught me about the linkage of decision making with weight of evidence. What is evidence? The decision making process involves study […]
1) The auto is an outperforming sector. But just because a sector is outperforming does not mean it would top and reverse. 2) There is a need to look at the sector on a stock specific basis. 3) Moreover underperformance does not mean only a net fall; it can also mean stagnation, a sideways action. […]
Leave intra sector (non-correlated, negatively correlated sectors), the inter sector view between makes our divergence point amply clear. On an annual basis, between technology components the stocks diverged by 160%, 99% over a quarter, 79% over a month and if we take out more than 10% moves 14% in 5 days. These divergences are not […]
Running Banking Stocks (BSE500) This is a running table for the running banking stocks in BSE500, which explains how many stocks are in a price positive trend and how many are in a Jiseki Cycle positive trend. We have also added a proprietary rankings for the various stocks. The strongest component is 39 and the […]
We have a new Entry signal on X. The structure is a consolidating corrective. Prices should stay above 65-70 and move to a new high above 100. The portfolio risk metrics compares the relative outperformance of the India 30 ORMI vs. NIFTY 50 Our Index not only outperforms the universe (BSE500) but also with an […]
Behavioural error called ‘representativeness’ suggests that humans can be easily anchored. These anchors are psychological biases, which are more inaccurate than accurate. If you buy a used car based on just the odometer reading and the model year, you are anchored (biased not objective). Stock markets are no different and market players work on similar anchors. Now […]
It was on 13 Feb 2012, we highlighted the Jiseki for HLL and labeled it as a [long investment idea]. The stock is up around 30% since then. And it was on [14 Oct 2010] we illustrated a technical case on ITC with targets at 200. The stock is up 70% since then. This is […]
If it was once a fortnight, once a week or once a day, it would have been nice. But signals and signal generators have no religion. If you need a signal, the market has it; for any market, for anytime. And, if you are not going to sue (challenge) the signal, it could come stamped […]
1) First because it is a running LONG 30 2) Second it has moved above psychological levels. 3) Prices are near a decade of resistance. More a stock tests a resistance, more the chances of a positive breakout. 4) Since 30 Nov 2009 price structure is in a sideways corrective. Inability of prices to fall […]