Gestoras de ativos disputam grandes fortunas em Portugal

[J Alves]

[J Alves]

eaglle


sem txtos dos outros explica lá o que pensas dos mercados. é q muito sinceramente não é fácil entender-te

olha o nas.......

[EAGLE BULLMARKET]

"Kass: Tops Are Processes & We May Be In That Process

Written by Doug Kass | Jul, 30, 2018"

"The Yield Curve Will Likely Invert by November, 2018
•Economic growth is less synchronized than the consensus believes
•On a trending and rate of change basis the economic data is slowing down
•The Fed’s continued pivot to tighter money will likely lead to curve inversion – which will likely stoke fears of recession"

"At economic peaks everything on the surface looks Rosy (except to some observors like myself and Rosie (David Rosenberg)!) – until it doesn’t.

Towards that end, here is what I wrote yesterday about US and overseas economic growth in my two part opener"

"Tops Are Processes And We May Be In That Process

•The search of value and comparing it to risk taken is, at its core, the marriage of a contrarian streak and a calculator
•Investors are no longer being compensated for taking risk as the market’s margin of safety has shrunk to microscopic levels
•Last week I liquidated my equity longs and I remain net short in exposure

“Tops are a process, bottoms are an event.” –Wall Street adage "


http://realinvestmentadvice.com/kass-to ... t-process/

[EAGLE BULLMARKET]

"Morgan Stanley: "The Selling Has Just Begun; This Correction Will Be The Biggest Since February"


"The reason for that is the same one Nomura discussed on Friday: "the most important trade of the past decade is now reversing" namely the reversal of the growth/value which has also commingled with the "momentum trade", abd which means that the growth/tech "market leadership" that defined the market for the past decade is now gone at least for the time being."

"The reason for that is simple: after the stock prices of tech stocks got carried away in the first half, their Q2 earnings, even though for the most part significant beats to expectations, left the market asking for more, leading to such historic blow-ups as Facebook and Twitter, in the process crippling the momentum trade and forcing numerous unwinds.

This, to Morgan Stanley, suggests that the risks to the stock rally are building, and with growth rates peaking and extended positioning, the 3-day slide that started Thursday will only get worse, to wit:"

If a mean-reversion is indeed on deck, the profits for value investors - at least those who are still alive - could be phenomenal, and would come at the expense of growth investors who could face a quick and brutal catastrophe, now that the world is shifting from a monetary-led stimulus, to a fiscal one, as JPM's Marko Kolanovic suggested earlier.

"There is one additional consideration: as Bloomberg notes, correlations between all investment factors are once again on the rise, citing a Bernstein report, which is increasing systematic risk for active investors, and these "linkages may only continue to tighten as the earnings season concludes, as investors pay more attention to global threats."

https://www.zerohedge.com/news/2018-07- ... t-february

[bogos]

sp500 2807.PNG

Boa tarde

Esta sexta feira, o Russell abriu as hostilidades nos índices Americanos. Este indice sempre me chamou a atenção pela antecipação de novos movimentos. Para já parece-me que a casa alí dos 1600 vai ser brevemente visitada.

Nota: detenho posições num ETF que replica este indice....TWM.

Cumprimentos

[EAGLE BULLMARKET]

sp500 2807.PNG (57.79 KiB) Visualizado 10913 vezes

[rsacramento]

rsacramento

não me parece que haja mais que essas 10 industrias.

depois podes ter é as subdivisões e afins....

abraço

viva!

claro, sectores, supersectores e por aí fora

nos meus indicadores uso esta divisão com 10 indústrias para os states e 18 supersectores para a europa

o que estranhei foi existirem 11 (onze) indústrias, mas efectivamente depende da fonte..

[Thoth]

Sacramento o gráfico que coloquei é do ano passado, só reparei depois.
A ideia de colocar esse gráfico foi só para ilustrar que o gráfico que o eagle colocou a dizer que eram os pesos, não podia ser.
O pior é que já não é a primeira vez que ele faz isso, não sei se de preposito ou não. Para um gajo que tem 20 anos de experiência não sei não.

Cumprimentos e bons negócios

[J Alves]

rsacramento

não me parece que haja mais que essas 10 industrias.

depois podes ter é as subdivisões e afins....

abraço

[rsacramento]

este gráfico só tem 10 indústrias ...

[EAGLE BULLMARKET]

Grafico do SP500 atualizado ao dia de hoje

[JohnyRobaz]

https://seekingalpha.com/article/4189055-normal-topminus-5-companies-s-and-p-500-index-worth-much-bottom-282

Speaking of perceptions and the big picture, take a look at the below chart and ask yourself is it normal? Is it normal for the market cap of the top 5 S&P 500 companies to be $4,095,058,706,432 while the market cap of the bottom 282 S&P 500 companies is $4,092,769,755,136 (slightly below the top 5...)?

Pois, esse gráfico é enganador, pois compara as top5 do S&P500 com as bottom282, e não com as bottom495.

Para além disso, as FAANG não são o top5, visto que incluem a Netflix e não a Microsoft.

[Thoth]

https://seekingalpha.com/article/4189055-normal-topminus-5-companies-s-and-p-500-index-worth-much-bottom-282

Speaking of perceptions and the big picture, take a look at the below chart and ask yourself is it normal? Is it normal for the market cap of the top 5 S&P 500 companies to be $4,095,058,706,432 while the market cap of the bottom 282 S&P 500 companies is $4,092,769,755,136 (slightly below the top 5...)?

[Thoth]

O peso dos faang no sp500 é pouco maior que 10% e não 50% como diz o eagle.

Cumprimentos e bons negócios

[Thoth]

[EAGLE BULLMARKET]

"Here's what Facebook said that spooked investors and wiped $130 billion off its market value"



•Shares fell as much as 24 percent, slumping below $170 in extended trading.
•The company's top executives warned about decelerating revenue, tightening margins and the ongoing effects of privacy policy changes



https://www.cnbc.com/2018/07/25/faceboo ... -2018.html


"Tech stocks set to crater on Thursday with Facebook on track for biggest drop ever"

"The tech-heavy Nasdaq was set for a big down day Thursday after disappointing quarterly results from Facebook sent the social media giant hurtling toward its biggest share price decline ever and on track to lose more than $125 billion in market value."


"The Invesco QQQ Trust, which tracks the Nasdaq-100 index and can give traders a good idea of how the Nasdaq stocks will trade, was down more than 2 percent at one point in after hours trading Wednesday. At last count, the ETF was off by about 1.5 percent. Nasdaq futures opened lower Wednesday evening, off by about 0.8 percent. Facebook lost more than a fifth of its value after hours."



https://www.cnbc.com/2018/07/25/tech-st ... ck-fo.html

[EAGLE BULLMARKET]

SP500 muito próximo dos máximos históricos anuais , feitos no inicio de 2018 .

Falta saber se vai ultrapassar os máximos , num nível muito acima , ou vai criar um forte Duplo Topo , e uma correspondente forte queda subsequente.

Ainda teremos de esperar mais um pouco para conhecer o veredicto do mercado .

Face a todas as futuras condicionantes económicas e excessos financeiros e condicionamento de liquidez e aumento de taxas de juro da FED , eu tenho as minhas expectativas para os próximos meses , mas o mercado é soberano e vai para onde quiser.

[J Alves]

[J Alves]

Amigo clínico

Estou a ver que continua tudo em forma por estas bandas. Já precisávamos era de um almoço do caldeirão


Não há grandes sinais de fraqueza no nas e no sp

O dólar parece estar andar sinais que vai perder força em alguns pares

[J Alves]

Sim o rut parece ter um CH em formação, mas para já ainda é cedo

[Clinico]

Grande JAlves como sempre E ainda por cima incluiu o NAD 100 nos gráficos...

Se isto realmente não descambar tudo, tenho uma pequena posição longa no NAS 100 (NDX) e acções da Apple e BAC. No BAC tenho-me dado bem.

Na Apple e no TW longo vou esperar pela semana que vem com 3 grandes a apresentarem resultados (FB, AMZN e GOOG ou Alphabet) e depois logo se vê. A Apple apresenta a 31 depois do fecho.
Acho que isto começa a estar muito confuso ...
Abraços
Clinico

[rg7803]

Grande JA, C&H em formação?

[J Alves]

[J Alves]

[J Alves]