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.
Friday 9th October 2026 (S&P 500 7811.54 + 46,18)
Over the last 10 days, although the major stocks indexes flirted with all time highs, internal momentum continues to deteriorate as measured by the cumulative advance/decline lines on the NYSE and on the Nasdaq. This is confirmed by the list of stocks hitting fresh new lows that continues to expand. In front of this situation the sentiment among market participants is rather complacent as measured by various sentiment indicators, either put/call ratios or weekly sentiment surveys. The stock market is facing more and more headwinds as the competition of yields offered by the bond market becomes a serious alternative to detaining stocks.
Very short-term oscillator: positive
Short-term oscillator: negative
RVI trend: positive
Trend short-term (5 days): up
Trend mid-term (8 days): up
Differential of trend: up
Risk profile index: 56 (scale of 1 (low risk) to 100 (high risk))
Have a nice day!
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