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 2nd October 2025 (S&P 500 6715.35 + 4,15)
The stock market closed almost unchanged as the shutdown is deploying its effects. We are in a kind of dormant bull market with dailies breadths slightly positive (2306 stocks up, 1946 down on the NYSE) although the cumulative advance/decline lines on the Nasdaq and on the NYSE are rather lousy as these trendlines have not surpassed their respective highs reached end of July. Options traders continue to buy equities calls as measured by the CBOE put/call ratio that has entered into the warning zone lately. Ideally, a swift correction may pave the way for a year end rally, the season is historically ripe for such a move. The weekly survey among professional active portfolios managers points out to a rather aggressive stance from this category of investors as the index measuring their exposure to the market is still hovering around 80 on a scale of 0 to 100.
Very short-term oscillator: positive
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: 72 (scale of 1 (low risk) to 100 (high risk))
Have a nice day!
OR