EMC Gestion de Fortune SA a développé, au fil des années, un modèle d’appréhension du risque sur le marché américain des actions baptisé : « Market pulse ». L’approche combine la finance comportementale, l’analyse des forces internes régissant l’offre et la demande, l’étude des cycles et des mouvements de prix. Ce modèle permet d’évaluer en permanence le risque global du marché sur une échelle de 0 à 100.
Tuesday 10th November 2026 (S&P 500 7520.93 -29.01)
Inflation is still not under control in the US as the consumer price index rose 0,3 % from one month to the other. Mr Austan Goolsbee, the President of the Fed of Chicago stated: “It is another distressing report, borderline disturbing”. The financial markets are again expecting a quarter point rise at the December Fed meeting. Nevertheless, the good news is the retreat of crude oil prices as the futures for the next delivery closed at usd 86,30. The problem is not the flow of oil but raffineries capacities that are scarce.
The stock market is gyrating as is usually the case after a deep selloff. Options traders adopted a cautious attitude as measured by put/call ratios. Breadth closed on a very weak note as 1444 stocks advanced, 3189 declined. The S&P 500, for the time being is holding well its supports. Continue to expect a high level of intraday volatility.
Very short-term oscillator: negative
Short-term oscillator: negative
RVI trend: negative
Trend short-term (5 days): down
Trend mid-term (8 days): down
Differential of trend: down
Risk profile index: 35 (scale of 1 (low risk) to 100 (high risk))
Have a nice day!
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