Your Week’s Volatility Market Commentary — Make Information Your Edge

This Week's Edition Is Abbreviated Due To the Holiday.

The Weekly Takeaway:

• The S&P 500 gained 1.40% during the holiday-shortened week. It is now up 17.82% for the year;
• The Nasdaq-100 gained 1.18% this week. The index is now up 22.05% for the year;
• S&P 500 VolDex (ticker VOLI) closed at 11.06, a decline of 8.14% for the week. You can learn more about VolDex at Learn More About VolDex;
• S&P 500 TailDex (ticker TDEX) closed at 11.31, a loss of 20.52% for the week. Important historical metrics for all our indexes including average, median, and critical percentile closes are available to subscribers at NationsIndexes.com;
• S&P 500 CallDex rose by 4.89% this week to close at 15.65. CallDex is the only S&P 500 volatility metric which rose on the week;
• VolDex on the Nasdaq-100 fell by 7.31% to close at 14.94. CallDex on the Nasdaq-100 is the only Nasdaq-100 volatility metric to rise on the week;
• This time of year has historically posted very low volatility metrics. Traders should recognize that but might also take advantage since the first 3 weeks of the new year may show substantial volatility;
• The yield on 10-year Treasury Notes fell by 1.5 basis points to 4.136%. Treasury Bond VolDex fell another 1.94% to close at just 9.10;
• Bitcoin gained 0.02% this week and Bitcoin VolDex fell by 8.89% to close at 40.91. Every volatility metric in Bitcoin fell on the week;
• Silver gained 16.89% this week. Volatility metrics for silver exploded this week with VolDex gaining 59.57% and CallDex gaining 58.52%;
• VolDex for individual names was generally lower in sympathy with the broad market although VolDex on AAPL, MSFT, and META jumped;
• The Nations Indexes Optimism Index® rose by 7.22% to close at 88.94 which expresses substantial optimism although this should be tempered by recognizing the seasonal aspect to the volatility inputs. Our Optimism Index is always available in real-time on our home page at NationsIndexes.com;
• You can always learn more about all our indexes at Learn More About Our Indexes;