To recap my last post, the uncertainty from the US presidential election has subsided. Last week, the S&P 500 Index was up 2.16% with major moves in the Energy sector amid positive news from Pfizer with the efficacy of their Covid-19 vaccine. The sector, which has been struggling for the past few years, posted a Read More
Posts by Juan Luque - Assistant Trader & Portfolio Manager
From the Trading Desk: One Week to Election Day
The S&P 500 Index was down 5.64% last week (October 26-30) and closed the month 2.77% lower. Sentiment was driven by the increase in Coronavirus infections in the U.S. and in various countries around the world. Investors digested the news which raises concerns about the sustainability of the economic recovery and future performance of individual Read More
From the Trading Desk: What’s Driving Commodity Prices?
The past couple of weeks have not been too different in terms of news and the markets. If there is hope for stimulus, the market goes up and if approval of additional stimulus seems threatened, equity markets go down. The S&P 500 index ended last week in positive territory, yet this week the index is Read More
From the Trading Desk: How Much is a Tweet Worth?
Recapping my previous post, uncertainty is building as we move closer to the US Presidential election. Many investors are concerned and likely have begun looking for hedges to protect their investment portfolios. With bonds yields at historically low levels, the traditional 60-40 portfolio might not be the best asset allocation going forward. This week I Read More
From the Trading Desk: Uncertain Markets, Positive News and Negative Returns
Recapping my previous post, many retail investors may have tried to time the markets and have bought the recent dip. It is likely many of these investors are unaware of the actual risk they are taking when investing. This week, the sentiment across headlines is increasingly uncertain. As more and more coronavirus cases are detected Read More