Month: August 2020

Novum Digital Asset Alpha – Daily Analysis 20 August 2020 (8-Minute Read)

Novum Digital Asset Alpha – Daily Analysis 20 August 2020 (8-Minute Read)

Turns out Thursday is the turning point for markets, so hang in there, it’s going to get rough. In brief (TL:DR) American stocks took a breather rolling into Wednesday, with the S&P 500 (-0.44%), tech-heavy Nasdaq Composite (-0.57%) and blue-chip Dow Jones Industrial Average (-0.31%) all down.  Asian stocks took their cue from Wall Street and opened largely lower.  U.S. 10-year […]

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Novum Digital Asset Alpha – Daily Analysis 18 August 2020 (8-Minute Read)

Novum Digital Asset Alpha – Daily Analysis 18 August 2020 (8-Minute Read)

Turning into Tuesday and it’s turning out to be terrific for markets as I hope it has been for you!  In brief (TL:DR) U.S. stocks closed mostly up on Monday, with the S&P 500 (+0.27%) and tech-heavy Nasdaq Composite (+1.00%) in the green, while the blue-chip Dow Jones Industrial Average (-0.31%) was down marginally.  Asian stocks opened up initially, but drifted for the […]

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Novum Digital Asset Alpha – Daily Analysis 17 August 2020 (8-Minute Read)

Novum Digital Asset Alpha – Daily Analysis 17 August 2020 (8-Minute Read)

The start of a new week! And as the weather cools in the northern hemisphere, investors are also cooling to increasingly expensive stocks.  In brief (TL:DR) U.S. stocks closed mostly lower on Friday, on weaker retail sales growth, with the S&P 500 (-0.02%) and tech-heavy Nasdaq Composite (-0.21%) down, while the blue-chip Dow Jones Industrial Average (+0.12%) was up marginally.  Asian stocks opened […]

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Novum Digital Asset Alpha – Weekend Edition 15-16 August 2020 (8-Minute Read)

Novum Digital Asset Alpha – Weekend Edition 15-16 August 2020 (8-Minute Read)

Welcome to the weekend! I hope yours is turning out to be wonderful as we prepare for another week of mayhem in the markets. In brief (TL:DR) U.S. stocks closed mostly lower on Friday, on weaker retail sales growth, with the S&P 500 (-0.02%) and tech-heavy Nasdaq Composite (-0.21%) down, while the blue-chip Dow Jones Industrial Average (+0.12%) was up marginally.  Asian stocks […]

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Novum Digital Asset Alpha – Daily Analysis 14 August 2020 (8-Minute Read)

Novum Digital Asset Alpha – Daily Analysis 14 August 2020 (8-Minute Read)

I hope you’re having a fantastic Friday! Will investors be sipping on champagne or chewing on their cud going into the weekend? Let’s find out!  In brief (TL:DR) U.S. stocks drifted lower yesterday, as investors shrugged off a better than expected jobless claims report, with the S&P 500 (-0.20%) and blue-chip Dow Jones Industrial Average (-0.29%) down and the tech-heavy Nasdaq Composite (+0.27%) up […]

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Novum Digital Asset Alpha – Daily Analysis 12 August 2020 (10-Minute Read)

Novum Digital Asset Alpha – Daily Analysis 12 August 2020 (10-Minute Read)

Welcome to your wonderful Wednesday! Stocks are taking a breather from their most recent highs, with investors looking to take profits off the table, so fill up!  In brief (TL:DR) U.S. stocks fell yesterday, as investors took the opportunity to take profit with the S&P 500  (-0.80%), blue-chip Dow Jones Industrial Average (-0.38%) and tech-heavy Nasdaq Composite (-1.69%) all closing […]

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Novum Digital Asset Alpha – Daily Analysis 11 August 2020 (8-Minute Read)

Novum Digital Asset Alpha – Daily Analysis 11 August 2020 (8-Minute Read)

I hope that you’re having a terrific start to your Tuesday.   In brief (TL:DR) U.S. stocks opened the week continuing much of last week’s theme, with the S&P 500 (+0.27%), blue-chip Dow Jones Industrial Average (+1.30%) up, while the tech-heavy Nasdaq Composite (-0.39%) continuing to suffer downward pressure on Trump’s moves against Chinese apps such as WeChat and TikTok.  Asian stocks opened […]

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