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Daily Market Insight
Daily Market Insight
This video shows key time-series analyses techniques such as ARIMA, Granger Causality, Co-integration, and VECM performed via GRETL. Key dia...
Indicator
|
Weekly
Level / Change
|
Implication
for
S
& P 500
|
Implication
for Nifty*
|
S
& P 500
|
2459, 1.41%
|
Bullish
|
Bullish
|
Nifty
|
9886, 2.28%
|
Neutral
**
|
Bullish
|
China
Shanghai Index
|
3222, 0.14%
|
Neutral
|
Neutral
|
Gold
|
1228, 1.47%
|
Bullish
|
Bullish
|
WTIC
Crude
|
46.54, 5.22%
|
Bullish
|
Bullish
|
Copper
|
2.69, 1.66%
|
Bullish
|
Bullish
|
Baltic
Dry Index
|
888, 7.12%
|
Bullish
|
Bullish
|
Euro
|
1.1467, 0.58%
|
Bullish
|
Bullish
|
Dollar/Yen
|
112.51, -1.23%
|
Bearish
|
Bearish
|
Dow
Transports
|
9743, 0.49%
|
Neutral
|
Neutral
|
High
Yield (ETF)
|
37.19, 0.98%
|
Bullish
|
Bullish
|
US
10 year Bond Yield
|
2.32%, -3.09%
|
Bullish
|
Bullish
|
Nyse
Summation Index
|
594, 6.11%
|
Bullish
|
Neutral
|
US
Vix
|
9.51, -15.01%
|
Bullish
|
Bullish
|
Skew
|
138
|
Neutral
|
Neutral
|
20
DMA, S and P 500
|
2434, Above
|
Bullish
|
Neutral
|
50
DMA, S and P 500
|
2420, Above
|
Bullish
|
Neutral
|
200
DMA, S and P 500
|
2307, Above
|
Bullish
|
Neutral
|
20
DMA, Nifty
|
9656, Above
|
Neutral
|
Bullish
|
50
DMA, Nifty
|
9575, Above
|
Neutral
|
Bullish
|
200
DMA, Nifty
|
8876, Above
|
Neutral
|
Bullish
|
India
Vix
|
11.17, 2.81%
|
Neutral
|
Bearish
|
Dollar/Rupee
|
64.27, -0.51%
|
Neutral
|
Bullish
|
Overall
|
S
& P 500
|
Nifty
|
|
Bullish
Indications
|
13
|
14
|
|
Bearish
Indications
|
1
|
2
|
|
Outlook
|
Bullish
|
Bullish
|
|
Observation
|
The
S and P 500 and the Nifty made new highs last week. Indicators are bullish.
The
market is in unchartered territory. Time to tighten those stops.
|
||
On
the Horizon
|
China
– GDP, Industrial production, Japan – Rate decision, UK - CPI, Carney speech,
Retail sales, Australia – CPI, Employment data, New Zealand – CPI, Euro Zone –
CPI, German ZEW sentiment survey, Rate decision, U.S –Oil inventories, Canada
– CPI, Retail sales
|
||
*Nifty
|
India’s
Benchmark Stock Market Index
|
||
Raw
Data
|
Courtesy
Google finance, Stock charts, investing.com
|
||
**Neutral
|
Changes less than 0.5% are considered
neutral
|
AMD has failed to clear the 2018 high around $34.20. It is retreating, and has broken an August/September sup...