Most Global stocks were making the historical high. The U.S benchmark Index S&P-500 hit the 4K marks on Biden’s new $2.25 trillion sweeping infrastructure proposal to spend over eight years on infrastructure, manufacturing, research and development, and clean energy. The U.S consumer confidence increased to its highest level since the pandemic, and the PMI surveys pointing to solid momentum in March.

All three major U.S. stock indexes finished in positive territory. The Tech Index Nasdaq-100 outperformed and closed about 3% as a weekly gain with the Facebook rally and the momentum in semiconductor and hardware stocks.

Most European stocks extended their gains and closed near the historic high, followed by the U.S market and the optimistic economic recovery.  The primary benchmark Indexes closed higher, about 1.3% to 2.43%, as a weekly gain. The German Index Dax-30 outperformed. However, The London equity Index FTSE-100 modestly declined about -0.05%.

The APAC benchmark Indexes closed higher for the week. Except for the Australian Index ASX-200, the rest of the show the momentum of above 2%. The Indian Index Nifty-50 outperformed. Chinese equities were strong, with the news of an additional tax reduction to consolidate the economic recovery.

Weekly market movement

Underlying_2021-04-05-S&P-500 Hit The 4K Marks

Gold declined modestly, about -0.33%, as a weekly loss. Oil price rose about 0.79% with the higher volatility towards the week. Bitcoin gained bullish momentum above $58,000, but it failed to settle above $60,000. (https://coinmarketcap.com/currencies/bitcoin/news/)

Sentiment Analysis

The below figures shows the news and social media sentiment trend for the week. The most global Index news sentiments turned in to a Neutral and Positive mode from their previous state last week. S&P-500 hit the 4k marks. The U.S tech Index Nasdaq-100 show a solid up momentum in sentiment trend. In contrasts, The U.S Industrial Index Dow-30 turned in to a bearish sentiment for the week. The rest remains in neutral mode.

The below picture shows the most primary European benchmark index sentiments turned in the neural view. However, the German Index DAX-30 show a solid bullish outlook in the sentiment trend for the week.

The primary APAC benchmark indexes turn neutral and positive sentiment trend in direction. The Indexes Nikkei-225, HIS-50 AND Nifty-50 are in up solid momentum in sentiment trend. The rest of the Indexes are in neutral view.

Sentiment Trend Chart

Sentiment Chart_2021-04-05-S&P-500 Hit The 4K Marks

The following critical economic data refer to https://www.fxstreet.com/economic-calendar, including an inflation update, durable good orders, the PMI composite, and the trade balance.

Sentiment Values

Sentiment Table_2021-04-05-S&P-500 Hit The 4K Marks

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_2021-04-05-S&P-500 Hit The 4K Marks

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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