Market Pulse on May 8th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2879,42 -4,63.

Heightened rethoric surrounding a potential trade deal between the US and China continues to drive financial markets short term. The good news behind these uncertainties is that it contributes to improve our model based on risk appraisal. The risk profile index is back to neutral but some of our indicators still have room to improve like the daily and weekly sentiment indicators. Breadth settled fairly even: 1585 stocks advanced on the NYSE whereas 1872 declined.

 

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