The WeekendInvesting Newsletter - 23 Feb 2024 (corrected)

Mi NNF 10 has continued to be an exceptional performer for WeekendInvesting maintaining its consistent lead over the benchmark - Nifty Jnr index. Despite the short slump around Oct’22 - Jan’23, Mi NNF 10 has put on a superb recovery in FY 24 to once again claw back in to the 30%+ CAGR territory (12 Nov 2020 to 22 Feb 2024)

The important point to note is the healthy outperformance achieved by the strategy over the Nifty Jnr Index right since start.

The most important thing you will see this year – GOLD

The future of the markets might be gleaming with gold, and it all hinges on interest rates. This article dives into historical trends and unveils a compelling reason why gold could outperform stocks when interest rates take a dip.

The Chart Tells the Story: Take a look at three charts: the Fed funds rate, the gold-to-Nifty ratio, and the gold-to-S&P 500 ratio. Over the past 25 years,. . . . .

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Is it time to BUY PayTM ?

Paytm’s recent jump from ₹320 to nearly ₹390 has sparked excitement, but before you dive in, take a breath and zoom out.

Here’s why this short-term bounce might not be the buying opportunity you think it is. . . . .

While the rise is welcome, remember the stock’s massive fall from ₹2,000 to ₹500. This recent bounce is just a blip on that larger downward trend. It hasn’t even reached key technical levels like . . .

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WeekendInvesting Daily Bytes

This past week was notably eventful and volatile, showcasing significant market movements. A highlight was Thursday's strong market rebound following Nvidia's impressive results in the U.S., illustrating the profound influence a single stock can have on the global financial landscape.

Despite the market's fluctuations, it closed near all-time highs, signaling a robust outlook. However, the day's trading was somewhat indecisive, with the market neither advancing significantly nor retreating, ending the day with a slight downward drift.

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