As we enter a new trading week, investors awaken to an absolute demolishment of the crude oil market, with the price per barrel down some 23% in the 6:00 a.m. EST hour. With a heated debate unraveling and surrounding the reopening of the economy, the U.S. equity market has rallied over the previous 3 weeks,…
Through the first 4 days of the trading week, the S&P 500 (SPX) managed to gain 10 points; that’s right, just 10 points in 4 trading sessions and with the VIX still right around 40. The 4-day ROC (rate of change) was rather remarkable low seeing as how the benchmark index rose 12%+ in the…...
There are no proven treatments or vaccines for the novel coronavirus which has sickened more than two million people world-wide and killed nearly 150,000 people, but remdesivir is considered a front-runner in the race to develop a treatment for COVID-19 infections that works. Though the findings reported by Stat are promising, they are not based…
Welcome to this week’s State of the Markets with Wayne Nelson and Seth Golden. Please click the following link to review the SOTM video. The password for the SOTM is: B9+09uk! (Must use password) We have achieved the turning point in the COVID-19 saga as the peak of the epidemic curve has been expressed this past week and governments are considering…
It’s often the case that price action can translate and transform into investor sentiment. When the market is going up, things must be getting better and when the market is going down, things must be getting worse. After a roughly ~25% rally off of the bear market, interim low (2,191) as of last week’s close…
WRITTEN BY VICKY REDWOOD of Capital Economics There is no doubting that governments have generally pulled out all the stops in announcing big fiscal stimulus programmes. But announcing them is one thing; quickly getting the money to where it is needed is quite another. There is a risk that logistical problems prevent fiscal policy from…
Market and Volatility Commentary: COVID-19 herd immunity and importance of regional datasets – Gangelt, Faroe, Iceland and UAE; Fed’s historic pivot. Mon Apr 13 2020 Understanding the extent of COVID-19 herd immunity, the importance of Gangelt, Faroe, Iceland, and UAE datasets. In our reports last month, we applied big data to model the peak (apex)…...
As investors awaken to another week of trading, they do so with a pretty strong relief rally capping off the previous week. And it wasn’t just a strong week, it was the best week for the S&P 500 (SPX) 1974. With the benchmark index rallying some 20% off of the March 23rd lows, however, and…
On behalf of Finom Group, we want to wish everyone a happy and healthy holiday weekend. As mentioned in last weekend’s Research Report, this weekend would be an “off week” for our Sunday Research Report, and to resume in the following week. Having said that, we still have and desire to offer some notes and…...
Two factors may help mitigate further volatility. BY JURRIEN TIMMER, DIRECTOR OF GLOBAL MACRO FOR FIDELITY MANAGEMENT & RESEARCH COMPANY (FMRCO), FIDELITY Key takeaways The S&P 500 Index entered the week of April 6 down 27% from the high and up 14% from the low set on March 23. At this point it is anyone’s guess…...
