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.
Thursday 25th April 2024 (S&P 500 5048.42 -23.21)
The S&P 500 sold off at the opening following unanticipated economic statistics before recovering until the closing bell led by Microsoft and Alphabet, the ultimate winner in AI in our opinion. Nevertheless, internal momentum was weak as 1225 stocks advanced on the NYSE compared to 2787 that settled down. Options trading settled neutral. The weekly survey among active professional portfolios manage points out to a reduced level of optimism among this category of investors as the index fell to 59 on a scale of 0 to 100 (4 weeks ago, it stood at 103).
Monetary aggregates have been released as of 31st March 2024; M1 and M2 increased slightly although we are far away from a reflation process whereas M3 barely moved, meaning that the banking sector is not expanding credit facilities to the economy.
Very short-term oscillator: positive
Short-term oscillator: negative
RVI trend: negative
Trend short term (5 days): up
Trend mid term (8 days): down
Differential of trend: down
Risk profile: 50 (scale of 1 (low risk) to 100 (high risk))
Have a nice day!
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