Short-term breather possible but overall outlook remains positive!

May 26th 2024 |

Key Takeaways

  • Short-term breather possible
  • Strategic positive outlook remains unchanged
  • New allocation in the WSC Sector Rotation Strategy

Market Review |

U.S. averages finished the week with a mixed performance. The Dow Jones Industrial Average lost 2.3% during the week to close at 39,069.59, marking its first negative week in five. The S&P 500 finished the week nearly unchanged at 5,304.72. The Nasdaq climbed 1.4% for the week and finished at 16,920.79. Most key S&P sectors ended in red, led by the energy sector. Comm. services and technology were the only gainers. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, closed at 11.9. Read More

Major key indices reached new all-time highs last week!

May 19th 2024 |

Key Takeaways

  • Strategic positive outlook remains unchanged
  • Strong trend quality is supporting positive outlook
  • Currently no deal-breaker visible

Market Review |

In line with our recent call, U.S. stocks finished the week with stronger gains. Closing above the key 40,000 level for the first time in history, the Dow Jones Industrial Average increased by 1.2% during the week, finally finishing at 40,003.59. It was the Dow's fifth consecutive positive week. The S&P 500 added 1.2% in the same timeframe to finish at 5,303.27. The Nasdaq jumped 2.1% from last Friday to close at 16,685.97. Both gauges recorded their longest winning streak since February. Except industrials, all key S&P sectors ended in positive territory for the week, led by the technology sector. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, closed at 12. Read More

The S&P 500 posted its third consecutive winning

May 12th 2024 |

Key Takeaways

  • Strategic positive outlook remains unchanged
  • Strong trend quality is supporting positive outlook
  • Currently no deal-breaker visible

Market Review |

U.S. stocks finished the week with solid gains. The Dow Jones Industrial Average finished at 39,512.84 and rallied 2.2% this week, its best week since December and its fourth positive week in a row. The S&P 500 gained 1.9% over the same period and finished at 5,222.68. Closing at 16,340.87, the Nasdaq climbed 1.4% for the week. The S&P 500 and the Nasdaq Composite both posted a third consecutive winning week. All key S&P sectors ended in positive territory for the week, led by the utilities sector. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, dropped to 12.6. Read More

Further confirmation for our positive base case scenario!

May 6th 2024 |

Key Takeaways

  • Market is moving in line with our expectations
  • Healthy breather has come to an end as market got back into a strong uptrend
  • Strategic positive outlook remains unchanged

Market Review |

U.S. stocks finished the week with solid gains. The Dow Jones Industrial Average finished at 38,675.68 and climbed 1.1% this week. The S&P 500 added 0.6% over the same period and finished at 5,127.79. Closing at 16,156.33, the Nasdaq rallied 1.4% for the week. Most key S&P sectors ended in positive territory for the week, led by the utilities sector. Energy and Financials were the only decliners. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, dropped to 13.5. Read More