Three Quick Thoughts

Three Quick Thoughts

Three quick thoughts today:  Equity market divergences, Bond market strength, and Goldman Sachs highlighting the top 50 stocks with the highest option volumes On the note, I also ran index attribution studies for the first half of the year for the S&P, Nasdaq 100,...
Three Quick Thoughts

First Call June 30, 2021

S&P futures off worst levels and now little changed in Wednesday morning trading. Comes after US equities finished little changed in the prior session with growth extending this month's meaningful outperformance vs value. Nasdaq settled at a fresh record high....
Three Quick Thoughts

Title Goes Here

It's not easy coming up with titles for these daily notes It's summer and the market is mostly quiet and trading close to unchanged I hope everyone is having fun watching football as it's better than looking at blinking green and red numbers The backdrop remains with...
Three Quick Thoughts

First Call June 29, 2021

US equity futures little changed on Tuesday morning after the S&P 500 and Nasdaq finished at new record closes on Monday. Growth the leader in the Monday session, reversing some of last week's value outperformance. Asian markets down across the board, Europe...
Three Quick Thoughts

Stay At Home And Reopening Baskets Update

The Goldman Sachs "Stay at Home" and "Reopening" baskets are moving in opposite directions And not in the direction you would expect since the adoption of vaccines are helping countries and cities reopen The big question is will the COVID "Delta" variant cause another...