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Volatility Bargain Alert: Goldman Sachs Analyst Asserts VIX Is Priced Too Low For Economic Realities
Tuesday, September 12, 2023 - 1:03pm | 646Analysts at Goldman Sachs are highlighting an intriguing disconnect between market conditions and the famed ‘fear’ gauge. Goldman Sachs’ analyst team, featuring experts such as John Marshall and Spencer Hill, CFA, wrote a note explaining that the CBOE Volatility Index (VIX) is...
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The Biggest Short: Trader Bets $30K On 1,100% VIX Spike By February 2024
Thursday, September 7, 2023 - 4:42pm | 894So far, 2023 has seen an equity bull market with low volatility, but whispers on Wall Street suggest an audacious move that could rival Michael Burry’s famous “Big Short.” In a jaw-dropping play, a trader recently shelled out $30,000 on a bet that hinges on the VIX index hitting...
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CBOE Volatility Index Increases Ahead Of Inflation Data
Wednesday, August 9, 2023 - 5:41am | 377The S&P 500 settled lower on Tuesday, after credit rating agency Moody's downgraded 10 small- to mid-sized lenders. The S&P 500 Banks index has lost 2.5% year-to-date, versus a 17.2% surge recorded by the S&P 500 index in the same period. The banks index dipped 1.1% during the...
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Market Volatility Falls Sharply, S&P 500 Snaps 4-Session Losing Streak
Tuesday, August 8, 2023 - 5:56am | 340The S&P 500 settled higher on Monday, snapping a four-session losing streak. U.S. stocks have notched sharp gains this year, with the benchmark S&P 500 adding around 17.7% in 2023. As far as the earnings season is concerned, 422 S&P 500 companies have released quarterly results as of...
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Market Volatility Increases Sharply After US Nonfarm Payrolls Data, S&P 500 Falls For 4th Session
Monday, August 7, 2023 - 5:36am | 417The S&P 500 closed lower for the fourth straight session on Friday as investors monitored latest jobs and earnings data. The U.S. economy added 187,000 jobs in July, compared to market estimates of 200,000 and compared to a revised 185,000 gain in June. The unemployment rate fell to 3.5% in...
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Market Volatility Increases Sharply After Fitch Downgrades US Credit Rating
Thursday, August 3, 2023 - 5:52am | 362The S&P 500 closed lower for the second straight session on Wednesday after Fitch cut the U.S. government's credit rating to AA+ from AAA. The ADP said private businesses in the U.S. added 324 thousand workers in July versus a revised 455 thousand rise and surpassing market estimates of a...
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Market Volatility Rises Sharply Following Earnings, Economic Data
Wednesday, August 2, 2023 - 5:52am | 388The S&P 500 closed lower on Tuesday on the first trading of August. All three major stock indices recorded gains for July following better-than-expected earnings reports, with the benchmark S&P 500 surging to a 16-month high level on Monday. Caterpillar Inc (NYSE: CAT) shares gained 8.9% on...
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Market Volatility Rises Ahead Of Big Earnings; S&P 500 Settles Higher
Tuesday, August 1, 2023 - 5:31am | 386U.S. stocks closed mostly higher on Monday, ending the July month on upbeat quarterly earnings. All three major stock indices recorded gains for July, with the S&P 500 adding 3.1% for the month. SoFi Technologies, Inc. (NASDAQ: SOFI) shares jumped 20% on Monday after the company reported better...
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Market Volatility Falls Following June PCE Data; S&P 500 Settles Higher
Monday, July 31, 2023 - 5:54am | 375The S&P 500 closed higher on Friday, closing the week with gains. For the week, the S&P added 1.01%, while the Dow climbed 0.66%. The PCE price index rose 0.2% month-over-month in June versus a 0.1% increase in May. Core PCE prices rose by 0.2% month-over-month in June easing from a 0.3%...
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Market Volatility Increases Sharply Following GDP Data; S&P 500 Settles Lower
Friday, July 28, 2023 - 5:55am | 343The S&P 500 closed lower on Thursday, while the Dow Jones snapped its longest winning streak since 1987. On Wednesday, the Fed raised its benchmark overnight interest rate by 25 basis points as expected. Data released Thursday showed that the U.S. economy expanded faster-than-expected during...
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Market Volatility Declines Following Fed's Decision; Dow Gains For 13th Session
Thursday, July 27, 2023 - 5:55am | 306The S&P 500 closed slightly lower on Wednesday, while the Dow Jones recorded gains for the 13th straight session. The Fed raised its benchmark overnight interest rate by 25 basis points on Wednesday. Microsoft Corporation (NASDAQ: MSFT) shares fell 3.8% on Wednesday after the company issued...
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Market Volatility Falls; Fed Decision In Focus
Wednesday, July 26, 2023 - 5:48am | 328The S&P 500 closed higher on Tuesday, while the Dow Jones recorded gains recorded gains for the 12th consecutive session. The Fed will announce its policy decision today, with markets seeing interest rates increasing by 25 basis points. After the closing bell, Microsoft Corporation (NASDAQ:...
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Market Volatility Increases Ahead Of Fed Decision; S&P 500 Settles Higher
Tuesday, July 25, 2023 - 5:48am | 392The S&P 500 closed higher on Monday, while the Dow Jones recorded its longest winning streak in six years. Investors are awaiting earnings reports from Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META) this week. The Fed is widely projected to increase...
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Market Volatility Falls Ahead Of Fed Meeting; S&P 500 Edges Higher
Monday, July 24, 2023 - 6:45am | 315The S&P 500 closed slightly higher on Friday, while the Dow Jones edged higher to record gains for the 10th straight day. Schlumberger Limited (NYSE: SLB) shares fell 2.2% on Friday after the company reported worse-than-expected second-quarter revenue results. American Express Company (NYSE:...
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Market Volatility Rises Following Tesla, Netflix Earnings Reports; Dow Gains For Ninth Session
Friday, July 21, 2023 - 5:57am | 330The S&P 500 closed lower on Thursday, following losses in shares of Tesla Inc (NASDAQ: TSLA) and Netflix Inc (NASDAQ: NFLX). However, the Dow notched gains for the ninth straight session. Shares of Tesla dipped 9.7%, notching its biggest single-session percentage decline since April 20, after...