Market and Volatility Commentary S&P 500 back to highs? Quantifying Fed impact on the multiple; Sunshine – a factor in reducing COVID- 19 spread The COVID-19 pandemic trajectory and recovery is currently the key driver of financial markets. In our recent work, we used big data and a multidisciplinary scientific approach to forecast the date…...
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…...
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)…...
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…...
US Equity Strategy Style Positioning, Value Squeeze, Winner Takes All Rising odds of a sharp Value squeeze in the near-term; however, medium- to long- term setup remains highly favorable for Large Cap, Secular Growth and Low Vol stocks. Growth versus Value is yet again becoming a highly debated topic among investors. Going into 2020, Value…...
After a strong relief rally, the S&P 500 (SPX) once again suffered from selling pressure and ended in the red for the week. The benchmark index fell 2.08% on the week and is down 22.97% year-to-date. By and large, this was to be expected and largely what we presumed the most likely outcome for the…...
On Tuesday the situation in Italy consolidated with growth in net active cases for Italy as a whole staying low at 3% (Monday 2%). Despite this we expect the recovery to strengthen significantly over the coming days, which should bring Italy to a peak this week. In Germany, as anticipated, net active cases returned to…...
Over the weekend the COVID-19 situation improved all the EU5 countries. Not only did the growth in net active infection rate fall in all countries, but new cases at least stabilized across the region. In particular Italy resumed the fall in the growth of net active cases, reaching 5% on Sunday, and new cases started…...
The trading week in review kicked-off with more whimpering and selling pressure before rallying some 17% over the next 3 trading sessions. Unfortunately, the first trading day of the week was mirrored on Friday with more fear, selling pressure and as another risk-off weekend ensues. The book-ended down days for the week has been commonplace…...
