Month: December 2020

Novum Alpha – Daily Analysis 22 December 2020 (10-Minute Read)

Novum Alpha – Daily Analysis 22 December 2020 (10-Minute Read)

Top of the Tuesday to you and markets are being whipsawed by a worsening coronavirus pandemic, even as fresh stimulus out of Washington appears to be forthcoming.  In brief (TL:DR) U.S. stocks were lower at the start of the week with the S&P 500 (-0.35%) and tech-centric Nasdaq Composite (-0.10%) down while the blue-chip Dow Jones Industrial Average (+0.12%) was only marginally higher.  Asian stocks opened […]

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Novum Alpha – Daily Analysis 21 December 2020 (10-Minute Read)

Novum Alpha – Daily Analysis 21 December 2020 (10-Minute Read)

A magnificent Monday to you as we’re just days away from Christmas and I hope you’re ready for a party pandemic style!  In brief (TL:DR) U.S. stocks were lower at the end of last week with the S&P 500 (-0.35%), tech-centric Nasdaq Composite (-0.07%) and blue-chip Dow Jones Industrial Average (-0.41%) were all down on concern that stimulus would get stuck.  Asian stocks […]

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Novum Alpha – Weekend Edition 19-20 December 2020 (8-Minute Read)

Novum Alpha – Weekend Edition 19-20 December 2020 (8-Minute Read)

Here’s wishing you a wonderful weekend!  In brief (TL:DR) U.S. stocks slipped at the end of the week on surging coronavirus numbers and and on risk that a stimulus deal would fall through with Republicans stonewalling, the S&P 500 (-0.35%), tech-centric Nasdaq Composite (-0.07%) and blue-chip Dow Jones Industrial Average (-0.41%) were all down on the news.  Asian stocks ended the week lower, with […]

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Novum Alpha – Daily Analysis 18 December 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 18 December 2020 (8-Minute Read)

Fantastic Friday to you and I hope you’ve had a great week!  In brief (TL:DR) U.S. stocks edged higher towards the end of the week before Christmas with the S&P 500 (+0.58%), tech-centric Nasdaq Composite (+0.84%) and blue-chip Dow Jones Industrial Average (+0.49%) all higher on fresh stimulus prospects .  Asian stocks were a mixed bag in the morning trading session as investors continued […]

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Novum Alpha – Daily Analysis 17 December 2020 (10-Minute Read)

Novum Alpha – Daily Analysis 17 December 2020 (10-Minute Read)

Top of the Thursday to you and I hope you’re having a terrific week so far!  In brief (TL:DR) U.S. stocks had a muted midweek with the S&P 500 (+0.18%) and tech-centric Nasdaq Composite (+0.50%) up slightly while the blue-chip Dow Jones Industrial Average (-0.15%) was lower on concerns over a faltering economic recovery.  Asian stocks were flat even as the prospect of fresh […]

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Novum Alpha – Daily Analysis 16 December 2020 (10-Minute Read)

Novum Alpha – Daily Analysis 16 December 2020 (10-Minute Read)

Wishing you a wonderful Wednesday!  In brief (TL:DR) U.S. stocks bounced back with the S&P 500 (+1.29%), blue-chip Dow Jones Industrial Average (+1.13%) and tech-centric Nasdaq Composite (+1.25%) all up sharply on rising odds of pandemic aid.   Asian stocks opened mostly up in the morning trading session taking their cue from Wall Street. U.S. 10-year Treasury yields soared to 0.912% from 0.896% on the […]

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Novum Alpha – Daily Analysis 15 December 2020 (10-Minute Read)

Novum Alpha – Daily Analysis 15 December 2020 (10-Minute Read)

Top of the Tuesday to you and I hope you’re having a terrific one!  In brief (TL:DR) U.S. stocks started the week a mixed bag with the S&P 500 (-0.44%) and the blue-chip Dow Jones Industrial Average (-0.62%) down slightly, while the tech-centric Nasdaq Composite (+0.50%) was up marginally.   Stimulus is still in play with a US$908 billion pandemic package with bipartisan support coming out […]

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Novum Alpha – Daily Analysis 14 December 2020 (10-Minute Read)

Novum Alpha – Daily Analysis 14 December 2020 (10-Minute Read)

A magnificent Monday to you and I hope you’re having a brilliant start to the week! In brief (TL:DR) U.S. stocks ended the week a mixed bag with the S&P 500 (-0.13%) and tech-centric Nasdaq Composite (-0.23%) down slightly, while the blue-chip Dow Jones Industrial Average (+0.16%) was up marginally.   U.S. stocks look set to rise this week on the possibility of fresh stimulus […]

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