Source : Bloomberg Lire l'interview
Valerie Gastaldy, a technical strategist and partner at Day By Day, talks about investment strategy. Day By Day gave the best trading recommendations on European equities over the past three years, trumping Credit Suisse Group AG and Goldman Sachs Group, according to a report by AQ Research. Gastaldy speaks with Betty Liu on Bloomberg Television's "In the Loop."
Source : Reuters lire le PDF
European share prices snapped a three-day losing run on Friday to end the first three months of the year up 6.8 percent, the biggest first-quarter gain since 2006, after euro zone finance ministers agreed to boost rescue funds for the member nations.
Japan's Nikkei average is expected to hold a tight range on Thursday after easing from a one-year high the previous session as many companies went ex-dividend, but is still set for its best quarterly gain in almost three years.
Source : Bloomberg lire le PDF
Day By Day, a Paris-based research company with 80 clients, gave the best trading recommendations on European equities over the past three years, trumping Credit Suisse Group AG (CSGN) and Goldman Sachs Group Inc. (GS), according to a report by AQ Research.
The study by London-based AQ measured which firms gave the most accurate forecast on stock movements. Royal Bank of Scotland Group Plc (RBS) and Credit Suisse took second and third place, respectively, while Goldman Sachs took the eighth spot in the rankings, which were released today.
Valerie Gastaldy, a technical strategist and partner at Day By Day who studies charts of trading patterns to predict price changes, decides which stocks and industries to favor. A team of five analysts assist her. She said that cutting losses early is a central part of her strategy.
European shares clawed back some gains from last week's losses on Monday and the euro backed off three-week highs as investors traded cautiously ahead of key data this week including an Italian bond auction and a key German economic sentiment index.
Source : La carte de la bolsa Lire l'interview
El reciente repunte de la bolsa española podría ser de muy breve duración, ya que la escasa visibilidad sobre las nuevas medidas de austeridad del Gobierno y las adversas perspectivas para el endeudado sector bancario podrían ser un firme garante para que la renta variable española vuelva a comportarse peor que sus homólogas europeas por segundo año consecutivo. Con uno de los déficit públicos más altos de la eurozona, España se vio afectada muy gravemente por la crisis de la deuda de la región y tuvo que recortar el gasto público justo en el momento en que la economía volvía a entrar en una nueva fase de recesión.
The recent recovery in Spanish share prices could well be a false dawn, with unpredictable government fiscal policy and the grim outlook for the debt-stricken banking sector likely to ensure the main index underperforms others in Europe this year.
Last week’s gains in financial companies indicate the rally in the Standard & Poor’s 500 Index has further to run in the medium term, according to a technical analyst at Day by Day in Paris.
L'indice CAC 40 se situe mardi à ses plus hauts de l'année en séance à la Bourse de Paris après avoir franchi une résistance importante dans la matinée de 3.515 points.
Investors should follow the positive trend in stocks for the moment as long as Europe's weaker benchmark indexes and the banking sector index remain above their key support levels, says Valerie Gastaldy, head of Paris-based technical analysis firm Day-By-Day.
Upbeat U.S. jobs data helped top share index stretch gains into a third straight session on Friday, sending a bullish signal as the gauge broke through a major technical resistance.
Stocks rose in the afternoon after better-than-expected U.S. employment data showed the world's largest economy was gaining momentum, raising expectations for global demand for goods and services and compensating for weak growth in Europe.
European shares were down in thin volumes at midday on Tuesday on concerns Greece would not be able to secure support for its debt restructuring programme and renewed worries about global economic growth.
The FTSEurofirst 300 index of top European shares was down 1.4 percent at 1,065.38 points at 1200 GMT, having only traded 37 percent of its 90-day volume average.
Charts show an exhaustion of the recent equity rally, at least in the short term, with divergences between a number of stock indexes including the MSCI world and their 'relative strength indexes' (RSIs) and 'moving average convergence/divergence' (MACDs), two widely-used momentum indicators.
Source : Commodesk Lire l'interview