Archives » sideways market

Volatility | July 7, 2017

Posted on July 7, 2017

Long- and short-term volatility are converging as the markets continue to grind sideways. The most notable movement this week is the sharp reversal in agriculture commodities from the drought. Agriculture commodities are some of the few assets seeing short-term volatility surpass long-term volatility. Market volatility is an indicator of financial stress. Low or declining volatility […]

Momentum | July 5, 2017

Posted on July 5, 2017

Short-term momentum continues to grind sideways in nearly every asset class except for energy, which continues to fall, and agriculture, which appears to be moving higher. Long-term momentum for stocks are still far into the positive double digits, which bodes well for risk assets going forward. As positive economic news continues to trickle in, we think […]

Volatility | June 29, 2017

Posted on June 29, 2017

Our Observations: Short-term volatility is nearing long-term volatility, which is consistent to a sideways market. We think it is important to keep an eye on shifts in volatility which could coincide with a shift in momentum and help affirm market direction. Market volatility is an indicator of financial stress. Low or declining volatility environments may […]

Momentum | June 27, 2017

Posted on June 27, 2017

Our Observations: Short-term momentum for stocks and bonds is close to 0 (zero) in many markets, which is consistent with a market grinding sideways. We think it is important to keep an eye on changes to short-term momentum for an indication of future direction. Momentum measures the rate of acceleration, either positive or negative, in […]