The X week — Hive

This is one of the most important weeks of the year, as it focuses on events that will affect stock markets in the coming months:

Wednesday 16: Federal Reserve meeting.
A symbolic and limited rate hike is almost a foregone conclusion, but a statement on planned moves later in the year is also expected.
Expiring derivatives:
-Tuesday 15: vix derivatives
-Friday 18: index futures and equity and index options.
The week at the end of the quarter is the one in which investment funds are most likely to increase the stocks in their portfolios.
On the 16th the technical default of Russian government bonds denominated in euros and dollars will take place.

These securities total some 40 billion, half of which are held by Western banks and investment funds.
This will bring volatility in some global financial instruments.
I would also like to point out the situation of two charts that show a relative stability of the markets despite the bear market trend.

The first is the Skew index, which monitors the trend of bearish positions in the options market. Currently the index shows a very moderate number of bearish positions.

The second is the Russell 2000 index, which monitors fast-growing, small-cap stocks. Basically, stocks that are chosen at risk-on moments in the stock markets.
We can see that, after the decline at the end of December (red circle), the index is moving sideways (between the two black parallel lines).
There is therefore no acceleration of the bear market, but rather its stagnation.

Basically, it seems that the markets, since this summer accustomed to being in perennial expectation of negative events, are not able to develop any long-term trend, neither upward nor downward.

A focus on technology stocks

The technology stocks sector has been on a downward slide since January.
So far, all the declines in December, January and February had not seen any share purchases by insiders of these listed companies.
The interesting news is that in the last two weeks buying has suddenly resumed, totalling more than 200 million shares bought in 27 different stocks in the sector (in the picture the names of the stocks have been crossed out).
The sudden and massive resumption of this phenomenon marks the approach of the maximum (and final) point of the bear market for this sector.

I hope you find this information useful in making your own decisions. Thanks for reading.

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