News category: EQD Research

The equity markets may have put up the best Labor Day week this century. For example the Nasdaq-100 (NDX) gain of 4.05% is the best Labor Day week performance since a 7.03% gain in 1998. The Russell 2000 (RUT) and S&P 500 both put up a solid week with gains over 3%. The Euro Stoxx

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Last week everything on the market table finished in the red, with the exception of VOLQ which rose over 30.00 gaining 1.30 on the week which is likely a function of the underperformance of NDX relative to the other broad based indices we follow. Also, remember in front of three day weekends there is a

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Excluding Friday, stocks were nearly unchanged on the week. However, with a few comments from Fed Chair Powell at the Jackson Hole conference managed to push stocks lower. Technology stocks were hit particularly hard pushing NDX lower by over 4% on Friday which nets to just under 5% on the week. Small cap stocks held

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The bears were very loud at the end of the week last week with major indices lower. They had been quiet for some time, so the negative commentary may be a function of those with a negative market outlook having little to shout about for the past few weeks. Of note, VIX did manage to move higher on the week as did all other volatility indices excluding VVIX which is slightly below the long term average of about 93.50.

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Small cap stocks led the way last week with the Russell 2000 (RUT) gaining just under 5%. The four week performance for RUT is a gain of just over 15% which is the strongest four week period since November 2020. VIX finished the week under 20 after closing under 20 for the first time in

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Last week was tame if you only focus on the S&P 500 which was up fractionally. However, small caps and tech stocks, represented by the Russell 2000 (RUT) and Nasdaq-100 (NDX), rose around 2%. All three volatility indices gave up a little ground. The VIX of VIX, which has been at very low levels rose a bit, this is nothing to be too excited about as it could just represent some VIX traders seeing calls as a bit more attractive with VIX near recent lows.

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Enjoying the Saturday Review? After August 1 it will become a part of our EQD+ bundle. Subscribe today for continued access: https://eqderivatives.com/become-a-member   Friday’s VIX close at just over 23.00 was the lowest closing level for VIX in 3 months. The S&P 500 had a good week. However, it is over 400 points lower than the

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We got the worst CPI number in decades and the S&P 500 loses a little less than 1% on the week. This despite a quick shift in the odds of a 100 basis point hike at the July 27 FOMC meeting, which reverted back to market pricing in a 75 basis point hike at the end of July. To top things off VIX was lower on a week over week basis.

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U.S. stocks had a nice holiday shortened week with the Nasdaq-100 (NDX) leading the way gaining 4.66%, more than twice the performance from the S&P 500 (SPX) and a tad more than 2% better than the Russell 2000 (RUT). The respective volatility indices were all lower as well with VIX settling below 25 and VOLQ finishing below 30 for the first time in almost a month.

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In the U.S., last week stocks lost ground and volatility indices were mostly lower as well. This usually gets market observers all fired up. However, this has been a frequent occurrence in 2022 so we do not read too much into this divergence. Also, it happened during a week approaching a three day weekend which usually has a dampening effect on volatility indices.

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