Monday, March 16, 2020

Four Charts Of Recent S&P500 Price Volatility – March 16, 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 Friday’s (March 13, 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 1-year daily chart
Second, a three-month daily depiction of the S&P500 through Friday’s (March 13, 2020) close, with a 50-day moving average (MA50) depicted by the blue line:
S&P500 3-month daily chart
Third, a three-month depiction of the S&P500 in 60-minute intervals through Friday’s (March 13, 2020) close, with a 50-hour moving average (MA50) depicted by the blue line:
S&P500 3-month 60 minutes chart
Fourth, a one-month depiction of the S&P500 in 10-minute intervals through Friday’s (March 13, 2020) close, with a 50-period moving average (MA50) depicted by the blue line:
S&P500 1-month 10-minute intervals chart
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 2711.02 as this post is written

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