Wednesday, March 4, 2020

Four Charts Of Recent S&P500 Price Volatility – March 4, 2020

This post is an update to past posts regarding stock market volatility.
While I track many different measures of volatility, I find the following charts to be both simple and clear in depicting the recent volatility in the stock market.
Overall, my analyses indicates that there are many reasons for this volatility, and the volatility is highly significant.
First, a one-year daily depiction of the S&P500 through Tuesday’s (March 3, 2020) close, with a 50-day moving average (MA50) depicted by the blue line:
(click on chart to enlarge image)(charts courtesy of StockCharts.com)
S&P500 daily 1-year chart
Second, a three-month daily depiction of the S&P500 through Tuesday’s (March 3, 2020) close, with a 50-day moving average (MA50) depicted by the blue line:
S&P500 daily 3-month chart
Third, a three-month depiction of the S&P500 in 60-minute intervals through Tuesday’s (March 3, 2020) close, with a 50-hour moving average (MA50) depicted by the blue line:
S&P500 60-Minute Intervals for 3 months
Fourth, a one-month depiction of the S&P500 in 10-minute intervals through Tuesday’s (March 3, 2020) close, with a 50-period moving average (MA50) depicted by the blue line:
S&P500 10-minute intervals for 1 month
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 3003.37 as this post is written

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