We integrate RIO (Brazil) into our watchlist because of a technical profile that has clearly improved and once again became attractive from a technical point of view in the short and long term. Brazil has suffered a new political scandal, but President Tremer succeeded in preventing the opposition from obtaining the two-thirds majority needed to bring the corruption charge to the Supreme Court.

We decide to exit the Lyxor CST (Index Construction Europe) ETF from the Megatrend portfolio, while the index weakens and enters a correction phase. We are replacing it with a much more defensive ETF with a positive momentum and a significant upside potential in the short and medium term: the HAYE ETF of Amundi (corporate bond index).

We decide to exit the ETF Lyxor JPN (Topix Index Japan) of the Active Euro portfolio, while the index continues to underperform the stoxx600 and is entering into a correction phase. We are replacing it with a much more defensive ETF with a positive momentum and a significant upward potential in the short and medium term: the Amundi CC4 ETF (corporate bond index).

We decide to exit the Lyxor TRV (Transport & Leisure) ETF from the Euro Active portfolio, while the index continues to underperform the stoxx600. We are replacing it with an ETF with a positive current dynamic and strong short and medium term bullish potential: Lyxor ETF TEL (Telecoms Europe Index).

We integrate the ETF Lyxor Pan Africa (PAF) into our Watchlist, while this ETF seems to rebound to the point of launching a medium-term buy signal. This index is composed of 30 stocks exposed equally in three geographical zones: North Africa, Sub-Saharan Africa and South Africa.

We decide to exit the ETF Ishares THD (MSCI THAILAND) from the Active Dollar portfolio, while the index has struggled to find a bullish momentum in recent weeks. We are replacing it with an ETF with a positive momentum and a strong upward potential in the short and medium term: the Ishares ETF EWW (MSCI Mexico).

Our Robot Allocator increases the Commodities share in the Global Macro Portfolio, and selects SOYB (Teucrium Soybean Fund).

SOYB, weekly data :

 

We integrate the ETF Lyxor AUT (Auto & Parts Europe) in our Watchlist, due to a significant improvement in the technical profile, which displays a short-term trading opportunity. The cost of this ETF is 0.3% and its Assets Under Management are 44 M €.

We decided to exit the ETX Lyxor HLT (Health Care Europe) of the Active Euro portfolio, while the index continues to underperform the stoxx600. We are replacing it with an ETF with a positive short term momentum and significant short and medium term bullish potential : the Lyxor ETF BRE (Basic Resources Index).

We include in our watchlist the ETF SPDR XPH which replicates the S&P 500 Pharmaceutical Index, and is composed mainly of 41 specialty pharmaceutical stocks. This ETF expenses reach 0.35% with a liquidity of $44m and appears to be an attractive short-term trading opportunity.