Category: Opinion

Novum Alpha – Daily Analysis 20 October 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 20 October 2020 (8-Minute Read)

Tumbling into Tuesday and it turns out that investors have called Washington’s bluff, betting that politicians will not be able to hammer together further pandemic stimulus before elections kick-off, sending markets reeling.  In brief (TL:DR) U.S. stocks fell yesterday with the S&P 500 (-1.63%), blue-chip Dow Jones Industrial Average (-1.44%) and tech-heavy Nasdaq Composite (-1.65%) all down significantly.   Asian stocks were almost uniformly down as […]

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Novum Alpha – Daily Analysis 19 October 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 19 October 2020 (8-Minute Read)

Happy Monday and I hope you’re having a wonderful start to your week! Markets are certainly looking up!  In brief (TL:DR) U.S. stocks ended last week mixed with the S&P 500 (+0.01%) and blue-chip Dow Jones Industrial Average (+0.39%) up, while the tech-heavy Nasdaq Composite (-0.36%) saw a selloff. Futures activity suggests that U.S. stocks are likely to open higher on optimism over stimulus negotiations.  […]

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Novum Alpha – Daily Analysis 16 October 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 16 October 2020 (8-Minute Read)

The good news is that while the bloodletting in markets hasn’t stopped, it’s slowed down.  In brief (TL:DR) U.S. stocks edged slightly lower yesterday with the S&P 500 (-0.15%), tech-heavy Nasdaq Composite (-0.47%) and blue-chip Dow Jones Industrial Average (-0.07%) all down but the pace of decline slowing, suggesting that markets may be reaching an equilibrium having priced in no further stimulus until well […]

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Novum Alpha – Daily Analysis 15 October 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 15 October 2020 (8-Minute Read)

Turning into Thursday and I hope that you are doing well because the markets are taking a turbulent turn.  In brief (TL:DR) U.S. stocks continued to slide yesterday with the S&P 500 (-0.66%), tech-heavy Nasdaq Composite (-0.80%) and blue-chip Dow Jones Industrial Average (-0.58%) all down on diminishing prospects of a fresh round of fiscal stimulus from Congress.  Asian stocks were a mixed bag […]

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Novum Alpha – Daily Analysis 14 October 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 14 October 2020 (8-Minute Read)

Here’s wishing you a wonderful Wednesday! And what a difference a day makes!   In brief (TL:DR) U.S. stocks pulled back slightly yesterday with the S&P 500 (-0.63%), tech-heavy Nasdaq Composite (-0.10%) and blue-chip Dow Jones Industrial Average (-0.55%) all down, as better-than-expected earnings were discounted for the political gridlock in fresh stimulus.  Asian stocks were mostly lower as the prospect of fresh stimulus […]

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Novum Alpha – Daily Analysis 13 October 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 13 October 2020 (8-Minute Read)

Turning into Tuesday and I hope you’re doing terrific because markets are set to be volatile this Tuesday, despite a strong showing on Monday.  In brief (TL:DR) U.S. stocks opened the week with a bang, with the S&P 500 (+1.64%), tech-heavy Nasdaq Composite (+2.56%) and blue-chip Dow Jones Industrial Average (+0.88%) all up, as earnings estimates for the third quarter are revised […]

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Novum Alpha – Daily Analysis 12 October 2020 (8-Minute Read)

Novum Alpha – Daily Analysis 12 October 2020 (8-Minute Read)

Welcome to the start of another week and a happy Monday to you!  In brief (TL:DR) U.S. stocks closed up on Friday with the S&P 500 (+0.88%), tech-heavy Nasdaq Composite (+1.39%) and blue-chip Dow Jones Industrial Average (+0.57%) all up as third quarter earnings season gets underway.   Asian markets were mostly up in the morning trading session buoyed by sentiment from Wall […]

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