Market Pulse on March 19th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 3913,1 -2,36.

The stock market closed the first quarterly expiration of options and futures on a relatively quiet trading. In summary, the market is still working out its overbought conditions as pointed out by many of our indicators with a particular weakness among high flying stocks and tech Co’s. The main question for the stock market is how far yields can go up before threatening valuation on many stocks.

Very short term oscillator Negative -
Short term oscillator Positive +
RVI trend Positive +
Trend short term (5 days) Down
Trend mid term (8 days) Up
Differential of trends Up
Risk profile 77 (scale of 1 (low risk) to 100 (high risk))

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