Global Stocks extended the Mixed Trend. U.S sentiment turns negative.

The global Indexes extended the mixed trend for the week.  The top liquid U.S stock indexes declined modestly, about -0.5%. The U.S tech shares are remains under pressure. However, the Russel-200 Index outperformed and rallied about 2.5%.

The Fed on Wednesday committed to using its full range of tools to support the economic recovery (http://www.xinhuanet.com/english/2020-09/17/c_139373868.htm). The recovery has progressed more quickly than generally expected, but overall activity remains well below its level before the pandemic, and the path ahead remains highly uncertain.

The resurgence in the number of coronavirus cases in European region turns the market into the negative mode about -0.5% to -1.5%. FTSE-MIB index underperformed within the Euro region. The new coronavirus cases reported weekly in Europe hit 300,000 for the first time.

Most of the liquid indexes from the APAC region closed with a positive mark for the week. China’s Shanghai Composite index outperformed and climbed about 2.38%.  The batch of indicators highlighted the country’s economic momentum, and investors hoped for more fiscal stimulus to boost the coronavirus-hit economy (https://www.scmp.com/economy/global-economy/article/3101827/china-only-g20-country-expected-see-positive-economic-output). However, The HongKong and Japan Indexes closed lower about -0.2%.

Weekly market movement

Underlying market movement_Sep-21-2020

Gold remained in the neutral mode with low volatile and declined modestly about -0.28% for the week. The U.S. crude oil prices recovered ground, climbing back to around $41 per barrel. Much of the week’s gain came on Wednesday after the government reported that U.S. crude oil supplies fell to the lowest level in five months.

Sentiment Analysis

The below charts show the trend in the news and social media sentiment for the week. The U.S market sentiment turns neutral-Negative. However, the Russel-200 Index showing the strong Negative in the sentiment direction for the week.

The recent surge in new coronavirus cases in European region reverse the market sentiment into a neural-negative mode for the week. However, Dax-30 and FTSE-100 indexes remain neutral in opinion.

Sentiment Trend Chart

News Sentiment chart-Sep-21-2020

The news sentiment for the APAC region is continuing to be in a mixed trend. Kospi-100 and Nifty-50 Indexes are showing the modest uptrend. In contrast, Japan’s Nikkie-225 continuing to be a negative sentiment for the week.

The following critical economic data refer https://www.fxstreet.com/economic-calendar released include existing home sales on Tuesday, the September preliminary Purchasing Managers’ Index on Wednesday, and durable goods orders on Friday.

Sentiment Trend

News sentiment values Sep-21-2020

Note: The sentiment scores applicable as an additional overlay for your existing models to improve the performance further.

Buy & Sell Signals

The below table is showing the buy/sell signals generated based on InfoTrie’s proprietary Investment/ Trading models. These models are developed with the combination of technical, fundamental, quantitative techniques and primarily the news-based sentiment score as an additional overlay.

I have tabulated the random signals from several InfoTrie’s Trading/Investment models.

Buy-Sell Signals Sep-21-2020

The news sentiment score provides a significant improvement, significant “Alpha” compared to the traditional investment/trading models.

 For more details on the analysis, accessing complete tear sheets or white paper for the models, subscription details for News Sentiment data and other consulting works, please contact us with the information provided below.

contact@infotrie.com

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InfoTrie Financial Solutions Pte Ltd, Singapore

Sureshkumar Ramani +65 93376035

Frederic GEORJON +33 (0)6 1304 0600


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