S&P 500 switched to CASH, oil dropped by 7.1%
The S&P 500 switched to CASH today after its Trend Score fell by 20 points. Oil recorded the biggest price drop of 7.1%, while gold rose by 1.6%. All tracked markets currently show rising risk. The model holds one market in LONG and three in CASH.
Written by AI (Google Gemini) from the model's numbers only. Every number in it is checked automatically against the calculation. Not investment advice.
Markets in this report
S&P 500
The S&P 500 dropped 0.5% with its Trend Score falling 20 points to -7. Current volatility stands at 11.3% while expected volatility rises to 18.5%, meaning risk is rising. The model is in CASH, and a switch to LONG would need a positive trend and falling risk.
Nasdaq 100
The Nasdaq 100 lost 1.4% and its Trend Score fell 15 points to -34. Current volatility is at 23.3% and expected volatility rises to 28.6%, showing rising risk. The model stays in CASH, where a switch to LONG would require a positive trend and falling risk.
Gold
Gold gained 1.6% as its Trend Score rose 8 points to -33. Current volatility of 21.6% rises to an expected 22.6%, indicating rising risk. The model remains in CASH, and a switch to LONG requires a positive trend and falling risk.