MARKET VIEW w/e 5th October 2018

MARKET VIEW w/e 5th October 2018 981 980 Realm

The U.K. Stockmarket

  • Stock markets in Europe and the U.K followed the U.S. market lower at the end of the week.
  • Concerns persist regarding the Italian government’s dispute with the EU over spending caps in the country’s proposed budgets.
  • The Pound rose after positive Brexit news with didn’t help sentiment for stocks.
  • Our Breadth Indicator stayed negative this week and our Momentum indicator ticked lower again.

UK Market 5th October 2018

The U.S. Stock market

  • The U.S. stockmarket was lower this week. The market was actually higher through Wednesday but Selling was aggressive at the end of the week after the 10-year Treasury yield rose sharply following Friday’s jobs report.
  • The technology sector (XLK) was hit particularly hard even though it hit an all-time-high on Wednesday.
  • The VIX volatility measure (also called the fear gauge) spiked to its highest level since April.
  • Our Breadth indicator stayed negative and our Momentum indicator ticked lower again.

US Market 5th October 2018

The Big Picture 5th October 2018

 

Disclaimer:  ‘Where the business have expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy.

This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.