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.
Wednesday 16th September 2026 (S&P 500 7551.81 – 33.92)
The Fed raised interest rates and left the door open to further tightenings with the objective to bring down inflation to its long term target of 2 %. The problem is that monetary policy has no effect on energy shocks caused by external factors and on prices of food much more dependant to meteo gyrations than on interest rates. As usual, the stock market experienced volatility after the announcement before stabilizing aknowledeging a much-anticipated decision. Options traders have started to protect their positions as put/call ratios jumped compared to the previous sessions when this category of market participants was rather complacent. We observed some selling pressure as measured by our buying/selling index, 1664 stocks advanced on the NYSE, 2911 declined, the closing Tick index settled at – 536, the Vix index climbed to 18. Interestingly, the sentiment among private investors deteriorated swiftly from one week to the other as 53 % of the respondents turned bearish on the future cours of the market and only 28 % kept a bullish mood.
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: 42 (scale of 1 (low risk) to 100 (high risk))
Have a nice day!
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