In October US stock market boosted investors’ confidence by closing the month with positive yields. The market downside of September has not been offset yet, and it is too early to talk about its positive closure in 2022. Nevertheless, our partnering company in asset management Sigma Global Management is getting closer to finishing the year in the positive zone, with its strategy maintaining a 2-digit percent yield lead from the market.
Sigma's experts hold that the current price range will prevail on the market, and they do not foresee any big turmoils or continuation of a full-scale market decline in the last two months of the year. The fact that the "iceberg risk" scenario considered last month in the company's volatility analysis failed to come true, adds more confidence to the company forecast.
However, this current brief respite buoyed by the change of seasons, the market's tendency to regress and correct itself in line with global movements, as well as moderate economic data is unlikely to last long. The midterm elections are coming up in the United States, and Sigma has a selection of new sectors and promising stocks ready to bring short-term ideas to fruition before the end of the year.
You are welcome to learn about Sigma's work in October, its vision for the near future, and the performance data of the company's Long-Short volatility-based strategy since its launch from the link to the report attached below.