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 28th August 2024 (S&P 500 5592.18 -33.62)
The stock market lost some ground as it was waiting anxiously the earnings report of Nvidia. Breadth has been negative these last two days (1334 stocks up, 2520 down) and we observed some selling pressure as measured by our buying/selling index. The Vix index rebounded to 17 from 15 and put/call ratios closed neutral to cautious. The weekly survey among private investors points out to a confident stance from this category of investors as the bull to bear ratio stands at 1,89. In summary, the stock market has started to correct its overbought situation as the month of September looms ahead. Finally, there is some kind of divergence building into the Nasdaq market between the top of July and the one just recently built, we have to look closely to the next developments.
Very short-term oscillator: negative
Short-term oscillator: positive
RVI trend: positive
Trend short-term (5 days): down
Trend mid-term (8 days): up
Differential of trend: up
Risk profile: 68 (scale of 1 (low risk) to 100 (high risk))
Have a nice day!
OR