Market Pulse on April 14th

Olivier Rigot, EMC Gestion de Fortune

1 minutes de lecture

S&P 500 4124,66 -16,93.

A day characterized by some profit taking, breadth wasn’t that impressive: 2443 stocks advanced on the NYSE compared to 1705 that declined. Options trading was fairly neutral, the Vix index continues to trade lower and a daily sentiment index is still hovering around the highs of its historic trading range. The complacency observed among various market participants is confirmed by the weekly survey among private investors: the bull to bear ratio stands at 2,20, 54% of the respondents have a bullish view of the future direction of the market, again a percentage at the top of the historic range and somehow a warning sign.

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 trends Up
Risk profile 76 (scale of 1 (low risk) to 100 (high risk))

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