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Pristine Capital
Pristine Capital
Volmageddon 2.0

Volmageddon 2.0

Pristine Market Analysis & Watchlist 8.5.24

Andrew O'Connell, CFA, FRM's avatar
Andrew O'Connell, CFA, FRM
Aug 06, 2024
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Pristine Capital
Pristine Capital
Volmageddon 2.0
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Team,

Volatility events are a feature of financial markets, not a bug! Keep putting one foot in front of the other. 2024 is going to be our year 🍻

-Andrew


Market Update 📊

Bond Yields ⬇️

July Index Performance 📉

These numbers are huge considering we are only 5 days into August

News/Economic Data 🌎

As much as the media is planting the narrative of an imminent economic collapse, ISM services expanded for the month of July and came in ABOVE expectations. Part of the reason why I closed out TLT bond exposure today 👇

ISM Services 51.4 vs 51.0 Est

Volatility cuts both ways. The bounce is upon us! 👇

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