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 4th September 2026 (S&P 500 7718.6 -29,11)
Over the last two trading days, the stock market held relatively well as money poured in as measured by the closing Tick index that settled positive at + 520. Nevertheless, the month of September is, on a seasonal basis, the weakest month of the year in the context of high inflation and rise of interest rates. As mentioned in our previous comments, the cumulative advance/declin lines on the NYSE and on the Nasdaq have been weak recently. Some food for thoughts: an American economist has calculated that this year 4 % of the US GDP is responsible for 92 % of the growth of the US economy, without AI, the US growth would be only 0,1 %.
Have a good labor day !
Very short-term oscillator: positive
Short-term oscillator: negative
RVI trend: negative
Trend short-term (5 days): up
Trend mid-term (8 days): up
Differential of trend: down
Risk profile index: 47 (scale of 1 (low risk) to 100 (high risk))
Have a nice day!
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