Forward Note - 2024/06/30
This is officially the end of Q2, and despite high expectations of closing at an all-time high, the markets didn't deliver (for once) and closed broadly flat: the
Forward Note - 2024/06/23
The June quarterly expiration is now behind us and occurred almost in an orderly fashion. "Almost" because many overleveraged long positions may have been caught in the selling
Forward Note - 2024/06/16
It’s funny how quickly the perception of what is important changes. Two months ago, this past week was marked in red on our calendar as the most important week
Forward Note: 2024/06/09
Last week was odd; this week was decisive. Spurred by another rally in the semiconductor sector, the main US indices reached new all-time highs as NVDA surpassed Apple to become
Sunday Forward Note - 2024/06/02
This week was an odd one. After a fairly uneventful Monday, the market went on a downward spiral, accelerating on Friday, just a few hours before the close. At that
Forward Note: 2024/05/19
About six months since my first post, you are now more than a thousand reading the market notes I publish most days of the week. This is quite an achievement,
Forward Note - 2024/05/12
Sell in May and go away, they said. Volatility may have a completely different opinion on the matter, though. As anticipated, realized volatility vanished last week after two weeks of
Forward Note: 05/05/2024
It was another volatile yet convincing week for the equity market. The main indices were down more than 3% at some point, yet the S&P 500 closed up
Forward Note: 2024/04/28
A 5% discount was too good of a deal to pass up. After three consecutive weeks of losses, the equity markets staged a rather convincing rebound. With the geopolitical tensions