Stocks Week Ahead: Volatility to Spike Amid High-Stakes Data Releases This Week

Stocks had a bizarre trading day on Friday, but as we have discussed in the past, a market on close imbalance can produce outsized moves late in the day, especially on a Friday at month-end. That is essentially what appears to have happened, with a large imbalance of about $7 billion in total to buy. This helped to push the market higher in the final minutes of trading.

It isn’t to say that markets can’t continue higher today; at the same token, it wouldn’t be surprising to see the gains given back either, especially given how much economic data is due to come this week. More importantly, it has become increasingly clear that the market is amid one giant trade, and there are signs the trade is possibly in the midst of a reversal, as measured by credit spreads, correlations, and skew. It seems that some of these are hitting historically low levels, and over the next two weeks, implied volatility will find it hard to move lower, given a job report, aoption IV tends to also track closely with credit spreads, which have been trending higher over the past few weeks.

A push in the USD/CAD back above 1.385 would be a significant signal for risk-off overall, and a push higher in the USD/CAD would make sense if credit spreads and IV rise.For all the hype around the equity market, the S&P 500 has gone nowhere since mid-March and is basically in the middle of the Rising Broadening Wedge we have been tracking now for a few weeks. Meanwhile, Friday’s rally only returned the index to resistance and nearly completed a 61.8% retracement.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stocks Week Ahead: Volatility to Jump on CPI, PPI, PowellMarket Overview Analysis by Michael Kramer covering: Nasdaq 100, S&P 500 Futures, CBOE Volatility Index, Global X NASDAQ 100 Covered Call ETF. Read Michael Kramer's latest article on Investing.com
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Stocks Week Ahead: Wednesday to Tell Market's Next Direction Amid Slow Data WeekMarket Overview Analysis by Michael Kramer covering: S&P 500, NVIDIA Corporation, Copper Futures. Read Michael Kramer's latest article on Investing.com
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Bitcoin volatility plunges below Tesla, Nvidia stocks amid $100K price predictionLower Bitcoin market volatility often heralds the onset of significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range soon.
Fuente: Cointelegraph - 🏆 562. / 51 Leer más »

Markets Are Positioned for a Massive Move Post Nvidia EarningsStocks Analysis by Michael Kramer covering: S&P 500, NVIDIA Corporation, CBOE Volatility Index. Read Michael Kramer's latest article on Investing.com
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Software stocks got pummeled this week after a cluster of troubling earnings reportsWeak guidance was a major theme in software company earnings reports this week, leading investors to rush for the exits.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Major growth stocks falter as week comes to an end, PCE shows falling monthly core inflationA number of premier tech stocks have cascaded lower late this week, providing the NASDAQ index with reason to power down.
Fuente: FXStreetNews - 🏆 14. / 72 Leer más »