Author: Novum Alpha

Novum Alpha – Daily Analysis 29 September 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 29 September 2020 (8-Minute Read)

I hope that you’re having a terrific Tuesday, just like the markets!  In brief (TL:DR) U.S. stocks opened the week up strongly, with the S&P 500 (+1.61%), tech-heavy Nasdaq Composite (+1.87%) and blue-chip Dow Jones Industrial Average (+1.51%), all up meaningfully and boding well for prospects in October.     Asian stocks were mostly up on Tuesday as Wall Street surged higher/  U.S. 10-year Treasuries […]

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Novum Alpha – Daily Analysis 28 September 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 28 September 2020 (8-Minute Read)

Welcome to the start of a brand new week and the last week of September!  In brief (TL:DR) U.S. stocks ended up last week, with the S&P 500 (+1.60%), tech-heavy Nasdaq Composite (+2.26%) and blue-chip Dow Jones Industrial Average (+1.34%), but still notched four weeks of declines.   Asian stocks surged higher on Monday as investors took their cue from Wall Street.  The U.S. […]

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Novum Alpha – Weekend Edition 26-27 September 2020 (8-Minute Read)

Novum Alpha – Weekend Edition 26-27 September 2020 (8-Minute Read)

Welcome to your weekend and what a week it’s been. Markets surged higher in the U.S. on Friday and are setting the scene for another interesting, but volatile week ahead.  In brief (TL:DR) U.S. stocks advanced aggressively on Friday with the S&P 500 (+1.60%), tech-heavy Nasdaq Composite (+2.26%) and blue-chip Dow Jones Industrial Average (+1.34%), led primarily by gains in tech stocks.  Asian stocks […]

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

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

Finally it’s Friday and it’s nice to head into the weekend with some good news for a change.  In brief (TL:DR) U.S. stocks reversed course on Thursday with the S&P 500 (+0.30%), tech-heavy Nasdaq Composite (+0.37%) and blue-chip Dow Jones Industrial Average (+0.20%), all up cautiously as investors weighed the odds of a fresh stimulus package out of Washington.  Asian stocks were mostly […]

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

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

Turning into Thursday and it’s looking to be a tough day for markets.  In brief (TL:DR) U.S. stocks were pummeled on Wednesday as the S&P 500 (-2.37%), tech-heavy Nasdaq Composite (-3.02%) and blue-chip Dow Jones Industrial Average (-1.92%), fell sharply on U.S. Federal Reserve Chairman Jerome Powell’s plea before Congress to issue a stimulus package.  Asian stocks were mostly down in the morning […]

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Novum Alpha – Daily Analysis 23 September 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 23 September 2020 (8-Minute Read)

Welcome to your Wednesday and what a ride it’s been for investors as markets took a turn midweek towards the bright side.  In brief (TL:DR) U.S. stocks reversed their course on Tuesday as the S&P 500 (+1.05%), tech-heavy Nasdaq Composite (+1.71%) and blue-chip Dow Jones Industrial Average (+0.52%) staged a dramatic turnaround as investors took a bet on the Fed coming back to […]

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Novum Alpha – Daily Analysis 22 September 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 22 September 2020 (8-Minute Read)

Turning into Tuesday and it appears that those hopeful that a new week would mark new beginnings were sorely disappointed as markets tanked against soaring coronavirus case numbers.  In brief (TL:DR) U.S. stocks continued to slide at the start of the week with the S&P 500 (-1.16%), tech-heavy Nasdaq Composite (-0.13%) and blue-chip Dow Jones Industrial Average (-1.84%) continuing to weaken on […]

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

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

Welcome to the weekend and I hope that it’s providing you some respite from the volatile markets.   In brief (TL:DR) U.S. stocks ended the week down with the S&P 500 (-1.12%), tech-heavy Nasdaq Composite (-1.07%) and blue-chip Dow Jones Industrial Average (-0.88%) all adding to the week’s losses.    Asian stocks closed mixed with South Korea, Japan and Hong Kong closing in […]

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Novum Alpha – Daily Analysis 18 September 2020 (10-Minute Read)

Novum Alpha – Daily Analysis 18 September 2020 (10-Minute Read)

Finally it’s Friday, one more day to the weekend and I’m hoping it’s turning out fantastic for you!  In brief (TL:DR) U.S. stocks slid again as the Fed’s lack of substantive quantitative measures led investors to move out of risk with the S&P 500 (-0.84%), tech-heavy Nasdaq Composite (-1.27%) and blue-chip Dow Jones Industrial Average (-0.47%) all down.   Asian stocks were mostly up […]

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