Market Pulse on August 5th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 3327,77 +21,26.

The stock market continued its path upward, led this time by the Dow Jones Industrials on solid breadth: 2749 stocks advanced compared to 1120 that declined. We continue to observe on the psychology side of the market opposite behaviors : private investors are still very cautious whereas options traders and some other sentiment measures point out to excess complacency from market participants. The unemployment report published tomorrow may be a trigger on one side or the other.

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 74 (scale of 1 (low risk) to 100 (high risk))

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