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 ...
All major indices dropped last month. Prior to that, we saw a risk-off trading environment that allowed mega-cap tech stocks to soar to all-time highs. Then September came along and all major indices fell sharply over the following consecutive weeks. The S&P 500 was at one point trading below 10%...
September blues are here for the U.S markets. For four consecutive weeks, the S&P 500 has closed in the negative. The Nasdaq 100 posted +1.11% for this week but was posting three straight weeks of decline since then. As discussed in our last blog, this looks to be a textbook technical decline. T...
September blues are here. Since 1950, September has been on average the worst-performing month for the U.S markets. Major indices such as the S&P 500 typically decline by 1% in September. This month alone, the S&P 500 has declined by -5 percent. The Nasdaq leads the decline by -8 percent. The D...
is what the market looks like it is doing. In some of our previous blogs, we looked at the economic data with MogulUp's fundamental data analysis. Though there are areas where the economic data shows a V-shape improvement (pre-COVID 19 levels), the initial unemployment claims data that came out on...
or more like after reaching overbought levels. Though August 2020 certainly ended with all major indexes hitting all-time highs, September started off with a drop late last week. Last week on Tuesday and Wednesday, Wall street was reigning in with optimism. Then heavy selling pressure (high volum...
