Since the start of the year, volatility during Friday trading sessions has exploded, transforming what was once a quiet day for markets into one of the most harrowing parts of the week for equity investors, according to an analysis from Bespoke Investment Group.
So far, the S&P has logged a decline of 1% or more during 36.5% of Friday sessions through the end of last week — already a new record, according to Bespoke. To be sure, realized volatility for U.S. stocks has exploded this year. So far, the S&P 500 has fallen 1% or more during 53 trading sessions since the start of the year, according to Dow Jones Market Data.
What’s causing all of this volatility late in the week? Danny Kirsch, head of the options desk at Piper Sandler & Co., listed two reasons. The first is the importance of economic data like the monthly jobs report data, which is released on the first Friday of every month.
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Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »