Stocks Closed Lower!
The Sentiment is in Mixed View!

U.S Stocks closed lower for the week, about -1.69% to -2.95% on the central bank tightening and new spreads of the omicron variant across the countries. The Nasdaq 100 technology index in the United States underperformed. Some large-cap and rapidly-growing technology equities were pulled down by a shift in the outlook for interest-rate hikes in the United States. The yield of the 10-year U.S. Treasury bond fell to 1.40%.

The Momentum in the European markets halted, and stocks declined modestly about. -0.3% to -0.93% as governments tightened restrictions to curb the spread of the coronavirus and central banks became more hawkish. The French index CAC-40 underperformed. Core euro zone bond yields traded in a range this week and closed lower.

 Most APAC benchmark indexes declined sharply, about -0.9% to -3.35%, as a weekly loss on rising Omicron cases in India and overseas and Fed’s hawkish stance on interest rate hike (https://www.bloomberg.com/news/articles/2021-12-19/hawkish-fed-dovish-pboc-diverge-in-new-phase-of-pandemic-policy). The Chinese market fell over -1% as tensions between the United States and China have risen due to Washington’s decision to impose investment and export restrictions on dozens of Chinese companies for their alleged role in oppressing China’s Muslim minorities and supporting Beijing’s military. The Nikkei 225 index in Japan, on the other hand, ended the week higher as the U.S. Federal Reserve’s tapering buoyed investor morale.

Underlying weekly market movement

Underlying-Weekly-12-20-2021- Stocks Closed Lower

Oil prices fell over -1% as weekly losses. The U.S Oil price currently traded around $70 per barrel. Gold closed higher about 1% for the week.

Sentiment Analysis

Stocks Closed Lower. The overall global news sentiment turns into a mixed view for the week. The top U.S benchmark indexes turn into the negative sentiment trend for the week. However, the index S&P 500 shows a neutral perspective.

The unbiased view dominates most European benchmark indexes remain intact.  However, the German index Dax-30 turns into the bullish outlook for the week.

The sentiment trend for the APAC benchmark indexes is in mixed directions. The Indexes CSE-50, ASX 200 and Nifty 50 turn into the week’s predominant negative view. On the other hand, the Japanese index Nikkei 225 shows a solid uptrend in sentiment direction for the week. The rest remains neutral. 

Sentiment Trend

Sentiment Trend Chart-12-20-2021- Stocks Closed Lower

The following critical economic indicator and earnings reports will be the factors for determining this week’s market and can change the current sentiment. The factors include the PMI composite, the Fed Funds Rate, and Retail Sales growth.(https://www.fxstreet.com/economic-calendar)

Sentiment Values

Sentiment Values-12-20-2021- Stocks Closed Lower

Note: The news sentiment data is the most useful additional overlay for your existing models to improve the performance further

Buy & Sell Signals

The below table shows the buy/sell signals generated based on InfoTrie’s proprietary Investment/ Trading models. These models were developed using 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-12-20-2021- Stocks Closed Lower

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, don’t hesitate to contact us with the information provided below.        

contact@infotrie.com

Home

InfoTrie Financial Solutions Pte Ltd, Singapore

Sureshkumar Ramani +65 93376035

Frederic GEORJON +33 (0)6 1304 0600


0 Comments

Leave a Reply

Avatar placeholder

Your email address will not be published.