Portfolios

22
Jul
2017

Our Market Analysis : 22/07/2017

This week was rather corrective on European markets (Stoxx600 Net Return : -1.7%), mainly due to the strong appreciation of the euro against the dollar (1.167), and the actual breakout of the 1.15 level.

The ECB has tried to reassure investors, arguing that it was still too early to talk about the normalization of monetary policy despite improved fundamentals, and while inflation remains at a very low level.

… Lire
Posted by christophe in Market Analysis, Portfolios
21
Jul
2017

Auto & Parts Europe : Short term opportunity (AUT) – 21/07/17

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 €.

… Lire
Posted by christophe in Buy, Sell, Watchlist, Portfolios
21
Jul
2017

Two exits and two entries in our Active Euro Portfolio – 21/07/17

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).

… Lire
Posted by christophe in Buy, Sell, Watchlist, Portfolios
19
Jul
2017

US Pharmaceuticals : An attractive short-term opportunity? (XPH) – 19/07/17

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.

… Lire
Posted by christophe in Buy, Sell, Watchlist, Portfolios
15
Jul
2017

Our Market Analysis : 15/07/2017

This week saw the rebound in most world markets, both in Europe, with a rise of + 1.8% for the Stoxx600, in the US ( S & P500 + 1.4%) and even more sharply in the Emerging countries (EEM, MSCI Emerging Markets : + 3.5%).

… Lire
Posted by christophe in Market Analysis, Portfolios
14
Jul
2017

Copper : A long term reversal on the horizon? (JJC) – 14/07/17

We incorporate the ETN Ipath Bloomberg Copper (JJC) in our Watchlist, as it presents technically speaking an attractive configuration, which also seems to be justified by structural factors. JJC incurs a fee of 0.75%, with a liquidity of $ 56m. The index replicates futures contracts on copper (traded on COMEX).

… Lire
Posted by christophe in Buy, Sell, Watchlist, Portfolios