Portfolios

24
Jun
2017

Our market analysis : 24/06/2017

This week was once again marked by the continuity of the previous trading range with low variations (Stoxx600: -0.2% and S&P500: + 0.2%), which extends the corrective episode that has started several weeks ago.

This week was marked by a further sharp drop in oil (-4.5%) despite positive US stocks datas (slightly down), while the market looks no more confident in OPEC’s ability to stabilise prices.

… Lire
Posted by christophe in Market Analysis, Portfolios
23
Jun
2017

Canada : Moving forward? (EWC) – 23/06/17

We integrate the iShares MSCI Canada ETF  (EWC) into our Watchlist. This index is broad and well diversified, including 94 companies, and is composed of big companies mainly focused on the financial sector (42% of capitalisation), energy (23%) and mines (11%), the remaining 24% for all other industrial sectors and services.

… Lire
Posted by christophe in Buy, Sell, Watchlist, Portfolios
22
Jun
2017

China Small Caps : Rise in sight? (HAO) – 22/06/17

We integrate into our Watchlist the China Small Cap ETF (HAO), composed of approximately 350 Chinese mid caps stocks, including 20% of industrials, 14% of technology and 15% of consumer goods. The good performance of the Chinese economy in recent months, coupled with a general trend in ramping up into the value chain, should increase the attractiveness of these mid size corporates

  • The weekly chart shows that a bullish breakout is in process, with moving averages trending upward.

… Lire
Posted by christophe in Buy, Sell, Watchlist, Portfolios
20
Jun
2017

Global Macro Portfolio : an ETF out – 20/06/17

Our Robot Allocator reduced the share of commodities in the Global macro portfolio and sold its JJC Line (iPath Bloomberg Copper Subindex Total return). As a result other positions in the Portfolio were slightly overweight.

JJC, weekly charts :

 

… Lire
Posted by christophe in Buy, Sell, Watchlist, Portfolios
17
Jun
2017

Our market analysis : 17/06/2017

Although slightly corrective (-0.4% for the Stoxx Net Return), the week was more volatile in European markets. In particular, it led to significant sector rotations, with growth in the food sector (FOO + 1.4%, integrated the previous week in our Euro Active portfolio), Financial Services (FIN : + 1.2%) and insurance (INS : + 0.9%).

… Lire
Posted by christophe in Market Analysis, Portfolios
10
Jun
2017

Our market analysis : 10/06/2017

We witnessed a week of moderate consolidation on the equity markets, with -0.6% on the Stoxx600NR, -0.3% for the S&P500 and a fall in the Nasdaq at the very end of the period, which led it to lose 1.6% over the week.

… Lire
Posted by christophe in Market Analysis, Portfolios