2024 Playbook


By Monish Chhabra ǀ February 6, 2024

The following is the graph of smaller stocks and sectors compared to the larger ones. The former look as cheap as they get, over the last two decades.

The dotted line shows the average trend line, while the orange solid line connects the bottoms. 

Statistically, the highest probability scenario as of now is as following:

Over the next 2-3 months:

Thereafter, over the rest of this year:

As the year unfolds, the distribution of data may change, and so will the probabilities of scenarios. We would then issue a revised update of our playbook.

Watch the shape, keenly. 

Play it, strongly. 

Hold it, humbly.

This write-up is for informational purpose only. It may contain inputs from other sources, but represents only the author’s views and opinions.  It is not an offer or solicitation for any service or product. It should not be relied upon, used or construed as recommendation or advice.  This report has been prepared in good faith. No representation is made as to the accuracy of the information it contains, nor any commitment to update it.