Global Markets Witnessed A Mixed Trend

Global markets ended with a mixed trend for the week. However, tech shares outperformed globally. Nasdaq-100 Index outperformed within the US region. Nasdaq has surged nearly 60% since a recent low March 23, owing in part to reliable results from a handful of high weighting technology stocks.

The European Indexes are in mixed trend and ranged between -1 to +1 per cent as a weekly movement.

Shanghai composite index outperformed within the APAC region and ended with a weekly gain of above 7%. Australian Index ASX-200 ended negatively around 2%.

Despite the record number of new cases of the coronavirus pandemic, the headlines about vaccine development provided a positive catalyst to the market.

Oil ended with a minor weekly loss of -0.65%. However, it maintains to stay above $40 for five weeks in a row. Gold closed with the marginal weekly gain of around 0.21% and expected to be a minor downtrend over the period.

Global Markets Witnessed A Mixed Trend

We expect the global markets to enter into a sideways region or a minor downturn for a near term considering the low expectations of corporate earnings despite the continuous stimulus packages. The US corporate earnings expected to drop 44% compared with last year’s second quarter. The Major banks will start to report the quarterly result on this Tuesday.

Sentiment Analysis

The figures illustrate the mixed news sentiment trends for all three regions globally. Markets witnessed a mixed trend. However, the US indexes are showing an uptrend in sentiment compared to the other two Nasdaq is expected to remain neutral or a reversal to the minor downtrend in coming days.

The indexes FTSE1-100 and FTSE-MIB from European regions showing negative in news sentiment trend. Whereas Japan, Hongkong and China Indexes are showing a positive direction. KOSPI Index remains to be negative in sentiment trend.

Global Markets Witnessed A Mixed Trend

Companies earning report releases through this week. Relevant economic data include inflation on Tuesday, retail sales on Thursday, and housing starts on Friday are the factor for this weekly market. However, still, the Covid-19 is in the driver seat. https://www.investing.com/earnings-calendar/

Global Markets Witnessed A Mixed Trend

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.

Global Markets Witnessed A Mixed Trend

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.

InfoTrie Alternative Data

InfoTrie Financial Solutions Pte. Ltd.
Alternative Data, Sentiment Analysis, Financial IT and AI Consulting

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Suresh Kumar Ramani +65 9337 6035
Frederic GEORJON +33 (0)6 1304 0600


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