Notice: To view this week's big picture outlook, click here. What Happened: Alongside hopes of a vaccine-led recovery, U.S. index futures tested higher overnight, breaking out of last week's balance area. What Does It Mean: Thursday’s initiative buying in the S&P 500, above the $3,731.00 high-volume node (HVNode), diverged prices from value and carried forward into Sunday night trade, the most positive outcome.
Market Commentary For 1/4/2021
Market Commentary For 1/4/2021
Market Commentary For 1/4/2021
Notice: To view this week's big picture outlook, click here. What Happened: Alongside hopes of a vaccine-led recovery, U.S. index futures tested higher overnight, breaking out of last week's balance area. What Does It Mean: Thursday’s initiative buying in the S&P 500, above the $3,731.00 high-volume node (HVNode), diverged prices from value and carried forward into Sunday night trade, the most positive outcome.