Global Indexes Mixed in Direction With the Mixed Sentiments.

Global Indexes mixed in direction. The major U.S benchmark Indexes closed lower, about -0.71% to -1.57%, on Walmart’s report of weaker-than-expected earnings. However, The Dow-30 Index closed by a modest weekly gain of about 0.11%.  The Nasdaq Composite index was hitting record intraday highs before closing down. U.S. retail sales rose 5.3% in January compared with the previous month. The sales of existing homes rose 0.6% in January compared with December. The value share outperformed the growth stocks. The trend of Small-cap stocks’ outperformed the large-cap peers was interrupted.         

The European market was mixed in direction.  The Indexes CAC-40 AND FTSE-100 closed higher, about 0.52% to 1.23%, supported by the companies posting encouraging quarterly earnings. However, The DAX-30 Index and FTSE-MIB Indexes completed negatively, about -0.4% to -1.17%. The U.K Prime Minister Boris Johnson says the lockdown easing will be done in stages and cautiously.

The APAC benchmark Indexes closed higher for the week, about 0.23% to 1.69%. However, The Indexes ASX-200  and Nifty-50  sealed with red mark about -0.19% to -1.2%.  The Japan Index  Nikkei-225 outperformed and crossed the longtime watching level of 30,000 milestones for more than 30 years on an economic rebound. However, The core inflation of Japan was down 0.6% compared to its last year.

Weekly market movement

Underlying_2021-02-22-Global Indexes Mixed in Direction

Gold closed lower about -2.5% as a weekly loss. The Sentiment remains bearish for the week. Crude closed lower, about 0.4 % for the week.   

The next target of bitcoin (BTC) Bitcoin sets at $60K. Elon Musk tweeted yesterday that bitcoin (BTC-USD) prices “seem high” after the cryptocurrency market value passed $1 trillion on Friday. (https://coinmarketcap.com/currencies/bitcoin/news/)

Sentiment Analysis

The below figures illustrates the news and social media sentiment trend for the week. The Sentiment remains mixed globally. The U.S Indexes S&P-500 and Russel-2000 Indexes shows a negative trend in sentiment direction for the week.   

The Sentiment trend for the European  Indexes CAC-40 and FTSE-100 turns bearish for the week. On the other hand, The German benchmark Index Dax-30 showing a strong uptrend in the sentiment direction.

The Sentiment direction for the APAC benchmark indexes remains mixed. The Australian benchmark Index ASX-200 is showing a strong downtrend for the week. On the other side, the Indexes SSE-50 and Nifty-50 showing a strong uptrend in sentiment direction.  The rest remains neutral.

Sentiment Trend Chart

Sentiment Chart_2021-02-22-Global Indexes Mixed in Direction

The following critical economic data refer to https://www.fxstreet.com/economic-calendar  includes the January leading indicator index, durable goods orders, and personal income and spending.

Sentiment Values

Sentiment Table_2021-02-22-Global Indexes Mixed in Direction

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

Buy & Sell Signals

The below table shows the buy/sell signals generated based on InfoTrie’s proprietary Investment/ Trading models. These models developed using technical, fundamental, quantitative techniques and the news-based sentiment score as an additional overlay.

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

Buy_Sell_2021-02-22-Global Indexes Mixed in Direction

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 below.

InfoTrie Financial Solutions Pte. Ltd.
Alternative Data, Sentiment Analysis, Financial I.T. and A.I. Consulting

Read our previous blog posts. Want to access our data? Try our API or access our FinSentS platform

contact@infotrie.com
Suresh Kumar Ramani +65 9337 6035
Frederic GEORJON +33 (0)6 1304 0600


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