Several Charts Suggest That U.S. Stock Bulls Should Be More Cautious In August

I/ Positioning (Contrarian Signal)

*Retailers look extremly active and bullish


*Positions seem to be concentrated in Tech stocks


*Shorts have capitulated


II/ Seasonal Patterns

*Usually, seasonal pattern isn’t supportive in August


*It’s the same case for U.S. presidential cycle…


*… Especially if the incumbent party loses the Elections


III/ Liquidity (Volatility Multiplier)

*Liquidity remains particularly low

Partager l'article

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email

Explore my blog

You will find news summaries, selections of charts, some of my analyses and forecasts as well as external contributions.