Analyse S&P 500 "Market pulse"

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 3rd May 2024 (S&P 500 5127.79 +63,59)

Last week, the Fed “managed” the market by distilling some hopes that the US central bank is going to lower interest rates at some point in the future and that it is going to slow down its restrictive quantitative monetary policy. The Dow Jones Utilities index, a proxy for the future evolution of interest rates, took it for granted as it advanced swiftly. This statement brought some fresh optimism in investor’s mind and the S&P 500 is back to the resistance level we mentioned several times in our previous comments at around 5140, an important level to watch. The weekly sentiment surveys among private investors and active professional managers are back to the neutral level.

Very short-term oscillator: negative

Short-term oscillator: positive

RVI trend: positive

Trend short term (5 days): up

Trend mid term (8 days): up

Differential of trend: up

Risk profile: 50 (scale of 1 (low risk) to 100 (high risk))

Have a nice day!