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.
Monday 17th November 2025 (S&P 500 6672.41 -61.7)
The financial markets have been switching these last few days to a risk off mode as cryptocurrencies plunged, stocks and precious metals retreated. Does it mean that the US monetary policy is too tight and that the global economy is slowing down swiftly? That may be an explanation. Breadth closed on a weak note on the NYSE: 875 stocks advanced, 3501 declined and the list of stocks hitting fresh new lows is expanding especially on the Nasdaq; in consequence, the cumulative advance/decline lines on the NYSE and on the Nasdaq plunged to levels not seen since the beginning of the summer; we mentioned several times in our previous comments that internal momentum had to pick up speed in order to sustain prices and the bull market. Our observation of put/call ratios put into evidence lately too much confidence from this category of market participants as they bet heavily on equities calls. These last few days, options traders became more cautious as measured by put/call ratios.
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: 51 (scale of 1 (low risk) to 100 (high risk))
Have a nice day!
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