Market Pulse on January 21st

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 3320,79 -8,83.

Trading resumed after a long week-end, absorbing early losses after overseas markets closed lower due to the fear of the uncontrolled contagion of a new coronavirus that arose in China. The story is still the same : money continues to pour in the market with some acceleration of prices like Visa’s stock yesterday. The market is overbought according to various measures and we observed for the first time some hedging activity in the option market, reflecting some kind of cautiousness from this category of market participants. Futures hit new highs this morning.

 

A lire aussi...