Business

The stock market hasn’t been this calm for years

U.S. stock market As calm as possible On the surface, stirring under more than it has in decades.

The S & P 500 is so quiet that it’s almost embarrassing. Since the end of October, the index has not been revised by 5% based on the closing price. It’s no wonder that new day traders who have begun to buy stock in the blockade will only see the market go up. It was 2017 when S & P was so calm for such a long time. The calm period ended with a volatility crash in early 2018, but it was much quieter at the time.

Still, the performance of stock types fluctuates much more than usual. Investors have switched bets between industries at a pace not seen outside the crisis. March has created the largest gap between the highest and lowest performing sectors since 2002.

The link between growth stock movements and cheap “value” stocks has been the weakest, measured by correlation since 1995. Investors are using them on their behalf to support or oppose the economic recovery.

Meanwhile, during the dot-com bubble in 2000, large and small stocks last moved independently of each other, but by no means a sign of relief.

The stock market hasn’t been this calm for years

Source link The stock market hasn’t been this calm for years

Back to top button