Weekly market report

This week, the S&P 500 rose by 1.45%, the Dow Jones Industrial Average gained 700 points following the jobs report showing wage growth, and the STOXX 50 rose by 5.91%. In contrast, the Nikkei 225 fell by -0.46%, and the VNKY also fell by -0.99 points to 18.93.  

Investors sought refuge in defensive stocks. Natural gas prices dealt a surprise reprieve to Europe, while the hopes of a less-hawkish Fed buoyed the gold outlook. Corporate insiders have not been betting on a market rebound. 

Here are the 50% weekly confidence ranges calculated on fat-tailed distribution. That is at the end of next week, indexes will fall within the range 50% of the time.

Will be adding more global equity/volatility indexes next week.