Year: 2020

Novum Alpha – Daily Analysis 4 December 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 4 December 2020 (8-Minute Read)

Finally it’s Friday and I hope you’re looking forward to the weekend!  In brief (TL:DR) U.S. stocks were a mixed bag with the blue-chip Dow Jones Industrial Average (+0.29%) and tech-centric Nasdaq Composite (+0.23%) higher, while the S&P 500 (-0.06%) was marginally lower as investors subscribed to conflicting narratives over economic prospects and current challenges with a surging pandemic.  Asian stocks opened the morning session […]

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Novum Alpha – Daily Analysis 3 December 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 3 December 2020 (8-Minute Read)

Top of the Thursday to you and I hope you’re having a terrific one so far!   In brief (TL:DR) Investors drove non-tech indices higher with the S&P 500 (+0.18%) and blue-chip Dow Jones Industrial Average (+0.20%) higher, while the tech-centric Nasdaq Composite (-0.05%) was lower as investors rotated into value stocks out of tech.  Asian stocks opened the morning session mainly higher  U.S. 10-year Treasury […]

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Novum Alpha – Daily Analysis 1 December 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 1 December 2020 (8-Minute Read)

Turning into Tuesday and I hope your month of December is off to a terrific start! In brief (TL:DR) The end of the month saw some profit-taking in U.S. stocks with the S&P 500 (-0.46%), blue-chip Dow Jones Industrial Average (-0.91%) and tech-heavy Nasdaq Composite (-0.06%) all down slightly but still at their best month in over three decades.  Asian stocks opened mostly […]

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Novum Alpha – Daily Analysis 30 November 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 30 November 2020 (8-Minute Read)

Happy Monday and welcome to the last day of the month!  In brief (TL:DR) U.S. markets closed up last Friday with the  Thanksgiving holiday meaning that volumes are likely to continue to be low this week and with the S&P 500 (+0.24%) and blue-chip Dow Jones Industrial Average (+0.13%) and tech-heavy Nasdaq Composite (+0.92%) all up.  Asian stocks opened a mixed bag as expected in […]

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Novum Alpha – Weekend Edition 28-29 November 2020 (10-Minute Read)

Novum Alpha – Weekend Edition 28-29 November 2020 (10-Minute Read)

Welcome to the weekend and I hope you’re having a wonderful one!  In brief (TL:DR) U.S. markets were higher in muted trading volumes because of the Thanksgiving holiday in with the S&P 500 (+0.24%) and blue-chip Dow Jones Industrial Average (+0.13%) and tech-heavy Nasdaq Composite (+0.92%) all up.  Asian stocks ended the week mostly higher but look set to open mixed next week.  U.S. […]

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Novum Alpha – Daily Analysis 26 November 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 26 November 2020 (8-Minute Read)

Here’s to you and a terrific Thursday!  In brief (TL:DR) U.S. stocks stumbled higher on Wednesday with the S&P 500 (-0.16%) and blue-chip Dow Jones Industrial Average (-0.58%) lower, while investors reverted to familiar themes of tech stocks as a defensive play and with the tech-heavy Nasdaq Composite (+0.48%) higher.  Asian stocks were mostly higher on the back of a weaker dollar and as […]

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Novum Alpha – Daily Analysis 25 November 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 25 November 2020 (8-Minute Read)

Wishing you a wonderful Wednesday as we roll into the midweek!  In brief (TL:DR) U.S. stocks closer higher on Tuesday with the S&P 500 (+1.62%), tech-heavy Nasdaq Composite (+1.31%) and blue-chip Dow Jones Industrial Average (+1.54%) all up on optimism of a smooth transition of power in Washington  Asian stocks were higher in the morning trading session on relief that Trump has allowed […]

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Novum Alpha – Daily Analysis 24 November 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 24 November 2020 (8-Minute Read)

Top of the Tuesday to you and I hope you’re having a fantastic start to your day!    In brief (TL:DR) U.S. stocks opened the week higher with the S&P 500 (+0.56%), tech-heavy Nasdaq Composite (+0.22%) and blue-chip Dow Jones Industrial Average (+1.12%) all up as even more coronavirus vaccine candidates are discovered.   Asian stocks opened higher in the morning trading session on […]

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