Market Pulse on June 18th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 3115,34 + 1,85.

A very quiet trading day in Wall Street ahead of an important expiration of options and stock index futures. Traders are expecting heavy volume today as a lot of index rebalancings are going to occur. Breadth settled slightly down and options activity is still tilted towards much more calls buying than puts. The weekly survey among active professional portfolio managers points out that this category of investors holds a very positive attitude towards a further runup of the market compared to individual investors. This index stands around the level reached this winter before the correction.

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