The winning streak continues for the market. While volume has been low, activity and FOMO is anything but that. For the past month, markets are on an uptrend with new all-time highs being hit in recent days. The equity market has recovered in just 6 months after crashing by over 35% during the Ma...
For the past few blogs, we discussed how there is an exorbitant amount of euphoria in the market. We also discussed heading into December that there would be likely some selling from fund managers that would draw the market down. This played out last week as we saw the market struggle to maintain ...
Highs for both euphoria and the equity market. Several of BullGap's indicators (which we will discuss below) are reading overbought and terribly stretched to the upside. You cannot overemphasize the fact that Fear of missing out (FOMO) has kicked up a notch even with bad news regarding the vaccine...
For the past 3 weeks, investors have been waking up to positive news related to COVID-19 vaccines. For November 2020, the market stats line reads as follow:
S&P industrial +18% (best month ever)
Dow +13 over 30K (best month since 1987)
Russel 2000 + 20 (best month ever)
A couple of weeks ago, t...
Seasonality is the name of the game here folks and for the S&P 500, this bolds well for the bulls come November. Typically, November through April is a time where the bulls take charge and this month is no different. Since coming out of the volatile September and October months, the S&P 500 has ma...
Wow, a lot can change in one week. The S&P 500 had one of its best election week performance since 1932. As discussed from last week, BullGap's quantitative and deep learning models were issuing a bullish outlook for the upcoming week. We even mentioned that it would start as early as Monday. An...
The most volatile month of the year for U.S stock and the write up for October 2020 was a brutal and volatile one. U.S stock struggle this week and it coincided with one of the worst weeks in the S&P 500 since March 2020. As mentioned in our prior blogs, VIX for this month on average has been one ...
has definitely plagued investors this week. Like it or not, the markets are finding themselves in a period of indecision as the U.S election nears and talks of a stimulus package is put on hold. Corporate earnings last week are showing strong positive trends and companies are looking to raise guid...
Over the next couple of weeks, more than 65% of companies are set to issue out their Q3 earnings. A majority of those companies fall in the S&P 500. Last week, financials reported some fairly good gains. This week, the market turns its attention to how well corporate America has coped with the co...
Markets roared out of the gates last Monday but were cut short on news of Trump shutting down stimulus talks. Shortly later, Trump retracted his comments and the market took this as a cue to kick start into high gear. Imagine, the Russell 2000 is now at its highest levels not seen since pre-COVID ...
