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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
|
2477, 0.19%
|
Neutral
|
Neutral
|
Nifty
|
10066, 0.52%
|
Neutral
**
|
Bullish
|
China
Shanghai Index
|
3262, 0.27%
|
Neutral
|
Neutral
|
Gold
|
1265, -0.84%
|
Bearish
|
Bearish
|
WTIC
Crude
|
49.58, -0.26%
|
Neutral
|
Neutral
|
Copper
|
2.88, 0.35%
|
Neutral
|
Neutral
|
Baltic
Dry Index
|
1023, 8.60%
|
Bullish
|
Bullish
|
Euro
|
1.1774, 0.19%
|
Neutral
|
Neutral
|
Dollar/Yen
|
110.67, -0.01%
|
Neutral
|
Neutral
|
Dow
Transports
|
9278, 0.55%
|
Bullish
|
Bullish
|
High
Yield (ETF)
|
37.22, -0.07%
|
Neutral
|
Neutral
|
US
10 year Bond Yield
|
2.27%, -0.96%
|
Bullish
|
Bullish
|
Nyse
Summation Index
|
712, -5.21%
|
Bearish
|
Neutral
|
US
Vix
|
10.03, -2.53%
|
Bullish
|
Bullish
|
Skew
|
140
|
Neutral
|
Neutral
|
20
DMA, S and P 500
|
2464, Above
|
Bullish
|
Neutral
|
50
DMA, S and P 500
|
2444, Above
|
Bullish
|
Neutral
|
200
DMA, S and P 500
|
2331, Above
|
Bullish
|
Neutral
|
20
DMA, Nifty
|
9946, Above
|
Neutral
|
Bullish
|
50
DMA, Nifty
|
9746, Above
|
Neutral
|
Bullish
|
200
DMA, Nifty
|
8974, Above
|
Neutral
|
Bullish
|
India
Vix
|
11.39, 2.27%
|
Neutral
|
Bearish
|
Dollar/Rupee
|
63.75, -0.55%
|
Neutral
|
Bullish
|
Overall
|
S
& P 500
|
Nifty
|
|
Bullish
Indications
|
7
|
9
|
|
Bearish
Indications
|
2
|
2
|
|
Outlook
|
Bullish
|
Bullish
|
|
Observation
|
The
S and P 500 and the Nifty are close to new highs. Indicators are bullish.
The
market is topping. Time to tighten those stops.
|
||
On
the Horizon
|
UK
– Manufacturing production data, New Zealand – Rate decision, U.S –Oil inventories,
PPI, CPI
|
||
*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...