Market Pulse on October 20th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 3443,12 +16,20.

The stock market continued to whipsaw during the trading session, awaiting anxiously finally good news from Washington. Breadth finished positive on the NYSE by a 2 to 1 margin whereas it closed barely up on the Nasdaq. Options trading was fairly balanced between calls and puts, although hedging activity doesn’t point out to any indication of fear among market participants. Buying and selling activity of stocks on the floor was fairly balanced according to our buying/selling index.

Very short term oscillator Negative -
Short term oscillator Negative -
RVI trend Negative -
Trend short term (5 days) Down
Trend mid term (8 days) Up
Differential of trends Up
Risk profile 69 (scale of 1 (low risk) to 100 (high risk))

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