US Utilities have outperformed since February and more recently with the global correction in equities. But our US sector matrix stays between neutral and underweight on utilities (interestingly both financials and utilities have seen their matrix…
The stock has reached a very strong resistance, is overbought with a bearish divergence. We close for a 40.38% return in just a few weeks, but keep it in our long only US basket. …
Inditex has undergone a massive downgrade from Morgan Stanley which is now in doubt of its long term earnings sustainability. Our EPS growth grade has fallen to a bearish 44 owing to MS' EPS downgrade.…
Our European Sector matrix is between neutral and bearish, thus our discipline imposes us to reduce our long trades in Europe. We close a long in Carlsberg, which was initiated ahead of the world cup. It…
STMicroelectronics has one of the strongest mix of grades in Europe. Technically, the share price has rebounded on the 16.5/17.5 strong support band (since Oct 2017) and, in intraday, is rising in a falling market. The…
Back in June, we initiated some long trades benefitting from the World cup like Adidas or Imbev. While we nearly reached our 92 target, Imbev's share price has fallen after dismal earnings. Our EPS growth grade…
“Powell’s speech was seen a touch dovish,”boosting gold’s appeal Federal Reserve Chair Jerome Powell signaled policy makers are sticking to gradual rate increases. Powell said the fundamentals of U.S. economic expansion look strong and a…
Dax has fallen too much , in the grisp of a perfect storm ( trade wars impacting autos, bayer/monsanto, turkey impacting its banks etc...) but euro has lost 10 % in 5 months and that…