Equity markets closed mostly higher Monday, with the S&P 500 and the Nasdaq each snapping a four-day losing streak. The Dow Jones Industrial Average was the lone decliner on Monday and is leading equity futures lower on this 9/11 trading day. Trade talks and tariff rhetoric continues to weigh on investors appetite for equities of…
September being the worst month of the year historically for the S&P 500, declines are largely expected. For the coming week, the expected move for the S&P 500 is $42, much greater than the previous week’s move of just $30. As we mentioned in last week’s reporting, over the previous 22 weeks the expected move has…
We’re going to take the lengthy edge of verbiage off of this week’s research report by focusing more narrowly on the S&P 500 (SPX) and volatility. The reason for this is mainly the causation of seasonality factors that impact markets in the August-October periods. September being the worst month of the year historically for the…...
The first week of September 2018 will likely leave much to be desired as it’s shaping up to be a rocky week for equities. The S&P 500 finished lower for a 3rd straight day on Thursday and is looking for a bit of a relief rally after rising to as much as 2,916 just a…
While the Dow Jones Industrial Average finished in positive territory Wednesday, if only slightly, both the S&P 500 and Nasdaq fell as tech leaders made the rounds in Washington. The Nasdaq dropped 1.2%, its worst day since Aug. 15th as Facebook, Amazon, Netflix and Alphabet all dropped. Shares of Microsoft and Twitter also fell to drag…
U.S. equities got off to a rough September trade in the morning hours on Tuesday and after a long Labor Day weekend. With European markets sharply lower, U.S. equities followed suit until European markets closed for the trading day and found U.S. markets recouping almost all their losses by the end of the trading session.…
Despite the noise surrounding global trade and correlated tariffs last week, the S&P 500 finished higher by nearly 1 percent. Additionally, the S&P 500 YTD gain stands at roughly 7.6 percent after correcting nearly 12% in February. Heading into September, the S&P 500 is up 5 consecutive months and with two consecutive monthly >3% gains.…
Despite the noise surrounding global trade and correlated tariffs last week, the S&P 500 finished higher by nearly 1 percent. Additionally, the S&P 500 YTD gain stands at roughly 7.6 percent after correcting nearly 12% in February. Heading into September, the S&P 500 is up 5 consecutive months and with two consecutive monthly >3% gains.…...
Yesterday’s market activity was moving right along, swimmingly, with the Dow & S&P 500 slightly negative and the Nasdaq positive up until 2:00 p.m. EST. It was then that the major averages all took a sharp leg lower on reports from Bloomberg that President Trump was prepared and readying his administration to go forward with…
After another record setting day on Wall Street Wednesday, equity futures are in the red. Asian markets finished largely in the red and European equity markets are sharply lower in the early morning hours. Before we get into what’s possibly ailing global equities in a moment, let’s take a few seconds to wax nostalgic about…
