Inventory Market Forecast:Traditionally, November is the second-most risky month on common since 1990An unusually calm October mi
Inventory Market Forecast:
- Traditionally, November is the second-most risky month on common since 1990
- An unusually calm October might see November try to compensate
- Nonetheless, the Nasdaq 100, Dow Jones and S&P 500 commerce close to their all-time highs
Inventory Market November Forecast: Historical past Suggests Volatility is Overdue
The month of October got here and went with little volatility to talk of. Whereas there have been notable basic developments starting from Brexit to commerce offers to impeachment issues, none of them resulted in sufficient worry that’s sometimes skilled in October. Certainly, this time final 12 months the market was within the midst of a brutal selloff, one that may solely lengthen additional as November and December progressed.
Information supply: Bloomberg
This 12 months, nonetheless, October recorded a median VIX of simply 15.61 – notably decrease than the 21.52 common noticed since 1990. Additional, information shows a definite lack of volatility all through 2019, with most months falling beneath their longer-term ranges. Thus, it begs the query, is the market due for an abrupt resurgence of volatility to spherical out the 12 months? Such an prevalence would eerily coincide with final 12 months’s concluding months however would require a catalyst.
Because it stands, threat traits look like enhancing. The USA and China are seemingly on the trail towards a section one…