Notice: To view this week's big picture outlook, click here. What Happened: Alongside uncertainty surrounding Senate runoffs and new COVID lockdowns, U.S. index futures balanced overnight after Monday's rapid sell-off. What Does It Mean: During last Thursday's session, initiative buying, in the S&P 500, diverged prices from value. This dynamic resolved itself in Monday's regular trade.
Market Commentary For 1/5/2021
Market Commentary For 1/5/2021
Market Commentary For 1/5/2021
Notice: To view this week's big picture outlook, click here. What Happened: Alongside uncertainty surrounding Senate runoffs and new COVID lockdowns, U.S. index futures balanced overnight after Monday's rapid sell-off. What Does It Mean: During last Thursday's session, initiative buying, in the S&P 500, diverged prices from value. This dynamic resolved itself in Monday's regular trade.