Author: Novum Alpha

Novum Alpha – Daily Analysis 28 January 2021 (10-Minute Read)

Novum Alpha – Daily Analysis 28 January 2021 (10-Minute Read)

Top of the Thursday to you as markets were roiled by a dour economic outlook by the U.S. Federal Reserve.  In brief (TL:DR) U.S. stocks wound down Wednesday with the S&P 500 (-2.57%), tech-centric Nasdaq Composite (-2.61%) and blue-chip Dow Jones Industrial Average (-2.05%) all sharply lower on comments made by U.S. Federal Reserve Chairman Jerome Powell that the U.S. economy’s recovery […]

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Novum Alpha – Daily Analysis 27 January 2021 (10-Minute Read)

Novum Alpha – Daily Analysis 27 January 2021 (10-Minute Read)

Wonderful Wednesday to you as the markets drift rudderless like the midweek.  In brief (TL:DR) U.S. stocks turned flat Tuesday with the S&P 500 (-0.15%), tech-centric Nasdaq Composite (-0.07%) and the blue-chip Dow Jones Industrial Average (-0.07%) were more or less unchanged as investors sat on the sidelines awaiting the conclusion of a Fed policy meeting.   Asian stocks were mixed Wednesday after their biggest slide […]

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Novum Alpha – Daily Analysis 26 January 2021 (10-Minute Read)

Novum Alpha – Daily Analysis 26 January 2021 (10-Minute Read)

Terrific Tuesday to you as the markets are whipsawed by conflicting news and drift rudderless in a sea of uncertainty.  In brief (TL:DR) U.S. stocks opened Monday a mixed bag with the S&P 500 (+0.36%) and tech-centric Nasdaq Composite (+0.69%) up on bullish sentiment for tech stocks while the blue-chip Dow Jones Industrial Average (-0.12%) saw slight pullback on concerns over the speed of fiscal […]

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Novum Alpha – Daily Analysis 25 January 2021 (10-Minute Read)

Novum Alpha – Daily Analysis 25 January 2021 (10-Minute Read)

A magnificent Monday to you and welcome to the start of the final week of January!   In brief (TL:DR) U.S. stocks ended last week reverting to similar themes with the S&P 500 (-0.30%) and blue-chip Dow Jones Industrial Average (-0.57%) both down as economically-sensitive stocks saw fund outflows while the tech-centric Nasdaq Composite (+0.09%) saw slight gains as investors reverted to “safety” in […]

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Novum Alpha – Daily Analysis 22 January 2021 (10-Minute Read)

Novum Alpha – Daily Analysis 22 January 2021 (10-Minute Read)

A fantastic Friday to you! Does it feel like we’re living in a new world? In many ways we are, as the Biden administration gets into the driver’s seat to try and bring the crippling coronavirus pandemic under control.  In brief (TL:DR) U.S. stocks drifted with the S&P 500 (+0.03%) and tech-centric Nasdaq Composite (+0.55%) both up marginally while the blue-chip Dow Jones […]

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Novum Alpha – Daily Analysis 20 January 2021 (10-Minute Read)

Novum Alpha – Daily Analysis 20 January 2021 (10-Minute Read)

Top of the Thursday to you as markets were full of good cheer today!  In brief (TL:DR) U.S. stocks rose with the S&P 500 (+0.81%), tech-centric Nasdaq Composite (+1.53%) and blue-chip Dow Jones Industrial Average (+0.38%) all higher on optimism on Biden’s swearing in as the 47th President of the United States of America.  Asian stocks were mixed in the morning trading session with […]

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Novum Alpha – Daily Analysis 18 January 2021 (10-Minute Read)

Novum Alpha – Daily Analysis 18 January 2021 (10-Minute Read)

We’re back! Welcome to another brand new work week and your Monday Market Madness as stocks have taken a beating from last week, what does this week hold for investors other than the inauguration of a new U.S. President?  In brief (TL:DR) U.S. stocks ended lower last Friday with the S&P 500 (-0.72%), tech-centric Nasdaq Composite (-0.87%) and blue-chip Dow Jones Industrial Average (-0.57%), […]

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Novum Alpha – Weekend Edition 16-17 January 2021 (10-Minute Read)

Novum Alpha – Weekend Edition 16-17 January 2021 (10-Minute Read)

Welcome to your weekend respite, away from the madness of the markets to recharge and ready for a brand new week!  In brief (TL:DR) U.S. stocks added to losses on Friday with the S&P 500 (-0.72%), tech-centric Nasdaq Composite (-0.87%) and blue-chip Dow Jones Industrial Average (-0.57%), all sharply down as banking giant Wells Fargo (-7.80%) dragged down the market with disappointing fourth quarter results.   Asian […]

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