Silver as an investment

Category Archives: S&P 500 Index

The Stock Market & The FOMC – An Astonishing Statistic

Authored by Pater Tenebrarum via Acting-Man.com, An Astonishing Statistic As the final FOMC announcement of the year approaches, we want to briefly return to the topic of how the meeting tends to affect the stock market from a statistical perspective. As long time readers may recall, the typical performance of the stock market in the […]

Goldman Discovers Something Odd: Stock Moves Are Increasing Even As Index Moves Are Decreasing

One wouldn’t know it by looking at the moves in equity indexes, but this earnings season has been unusually volatile for stocks, which however has yet to translate into bigger moves at the macro level. That is the bizarre observation made by Goldman’s derivatives strategist John Marshall (whose team grew by one when ex-Deutsche Banker […]

Tech Stocks Accounted For 75% Of The Market’s October Return

For some context on the unprecedented dominance of the tech sector on the overall market, here is some perspective from BofA’s Savita Subramanian on October returns, when Tech continued to lead the other ten sectors, generating +7.8% on a total return basis. This translates into a whopping 75% of the S&P 500’s return last month! […]

Just Five Tech Stocks Add Insane $200 Billion In Market Cap In One Day

The Nasdaq is dramatically outperforming the rest of the major US equity indices today…   In fact this this is the biggest Nasdaq outperformance of the S&P since May 2009… “We saw some weakness in the stocks of tech megacaps recently, not so much because of a concern about mediocre earnings but rather because a […]

“Black Swan” Anxiety Has Never Been Higher

The Fed's Williams warns that they "don't want there to be excesses in financial markets… " Two quick things… The market has almost never been this expensive… As Peter Boockvar warns: "Almost there. S&P 500 price to sales ratio is just 4% from March 2000 peak." And investors have never been more concerned about 'black […]

Seasonal low in stocks due today, different this time?

Below looks at the average performance of the S&P 500 in the month of October, over the past 10 & 20-years. Both charts have a couple of things in common. CLICK ON CHART TO ENLARGE The first thing that each chart has in common is that both charts reflect gains in the month of October, […]

S&P Surges To Longest Record-High Streak In 20 Years As Dollar Spikes

Despite a slump in consumer confidence, stocks just keep on chugging higher…   Another Day, Another Record High – S&P up 8 days in a row (longest win streak in 4 years) and 6 record highs in a row (longest streak since 1997) and today was the best day in a month… VIX traded as […]

Small Cap Stocks Surge To ‘Most Overbought’ In 20 Years, Bonds Shrug

The largest secession movement since Brexit and the biggest mass shooting in American history… buy stocks!! Spain felt the pain…   The US market breaking helped to get things going early on…   Futures show the buying binge at Sunday's open – amid Catalonia's chaos – and then the debacle around the US open (as […]

As VIX Explodes, A Painful Warning: The Vega Of VIX ETFs Has Never Been Higher

With the VIX soaring, from single digits yesterday to over 15, risk is suddenly breaking out above the crucial Kolanovic redline level… And Nasdaq is tumbling. … it is worth reminding readers just how coiled the short-vol sector is, something we described two weeks ago in “If The VIX Goes Bananas” This Is What It […]

Dow Tops 22,000 As Dollar Drops To 27-Month Lows

It appears the market's attitude today was simple.., Summarizing today: Despite the biggest comany in the world blowing out earnings – Stocks ended the day 'unchish', VIX ended the day marginally higher Despite weaker than expected jobs data, escalating tensions with Russia, and China and India facing off against each other – Bonds ended the […]