Observer 2021

MARKET OBSERVER – N° 153

The working hypothesis presented at the end of the summer, relating to the probability of a modest stock market correction of 5% from the recent highs of the indices, occurred promptly. In fact, for several weeks, the primary indices had consolidated close to the highs of the period without finding new upward stimuli, confirming a technical distribution situation.

Continua a leggere

MARKET OBSERVER – N° 152

After the brief consolidation phase registered by the world stock indices in September, stocks have regained buyer interest, as evidenced by the S&P 500 index hitting yet another all-time high close to 4700 points, a level that this summer seemed achievable only at the beginning of 2022.

Continua a leggere

MARKET OBSERVER – N° 147

The technical distribution phase that has characterized the dynamics of the primary world stock markets since last February seems close to transitioning into a medium-sized stock market correction, thanks to a series of monetary and fundamental elements that have evolved over the past few months.

Continua a leggere

MARKET OBSERVER – N° 146

The second quarter commenced with solid demand for the primary stock markets, validating the short-term upward trend, reconfirmed in the aftermath of the two modest corrections at the end of January and the end of February, whose lows now represent support for their respective indices.

Continua a leggere