Inventory Market Forecast:
- Traditionally, November is the second-most unstable month on common since 1990
- An unusually calm October may 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 considerations, none of them resulted in sufficient concern that’s usually skilled in October. Certainly, this time final 12 months the market was within the midst of a brutal selloff, one that will solely lengthen additional as November and December progressed.
Information supply: Bloomberg
This 12 months, nonetheless, October recorded a mean 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…