Global Stocks Recovery Halted.
Sentiment Turns Negative!

Global stocks recovery halted for the week on the Vaccines trials have been paused due to health concerns, and it has filed an emergency-use plan for the end of November. The overall news sentiment turns negative. 

The top liquid U.S Indices moved with in a range of -0.07% to 0.79 %. Nasdaq-100 Index outperformed with in region. The U.S week’s economic data were mixed. Jobless claims hit two-month high, but retail sales increased.

The major Indices from European region declined about -0.22% to -1.61% for the week on increasing COVID-19 infections. FTSE 100 booked a loss of -1.61% for the week on Brexit-related uncertainty. Dax 30 and FTSE MIB indices  booked  more than 1% as a weekly loss.

The APAC Indices were mixed in direction. Nikkei 225, Nifty 50 and Kospi 100 Indices closed lower about -79% to -2.11%. On the other side, Hang Seng 50, ASX 200 and China’s Shanghai Composite Indexes closed higher about 1.11% to 1.96%. Shanghai Composite Index outperformed with in the APAC region.

Weekly market movement

Underlying market movement_Oct-19-2020


Oil finished slightly higher for week about 0.19%. Gold closed more than 1% as a weekly loss.

Sentiment Analysis

The below chart show the news and social media trend direction for the week. The U.S market sentiment turns modest negative trend for the week on mixed weekly economic data. Dowjones-30 and Nasdaq 100 Indexes turns heavily on negative sentiment direction by last Friday. 

All the major European Indexes turns into strong negative in sentiment direction on increasing new infected coronavirus cases and economic concerns. European Central Bank (ECB) Chief Economist Philip Lane said in an interview with The Wall Street Journal that “the next phase is going to be tougher” for the European economic recovery.

The major Indexes from APAC region turns modest negative for the week. Nifty 50 is in neutral sentiment direction. On contrast, China’s Shanghai Composite Index shows positive in sentiment trend for the week.

Sentiment Trend Chart

Sentiment_Trend_Oct-19-2020

The following critical economic data refer to https://www.fxstreet.com/economic-calendar released includes  housing data and the preliminary October Purchasing Managers’ Index.

Sentiment Trend

Sentiment_Value_Oct-19-2020

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.

BuySell Signals-Oct-19-2020

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

InfoTrie Financial Solutions Pte Ltd, Singapore

Sureshkumar Ramani +65 93376035

Frederic GEORJON +33 (0)6 1304 0600


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