This website uses cookies to ensure you get the best experience on our website. You may read the full details in our Privacy Policy


24th Mar 2021
Dalmas Ngetich, for AltumFx News Team

S&P 500 and Major Indices Choppy, is the end of Value Trading Near?

Leading U.S. indices traded in choppy trade range. The FED, last week, indicated that they would be tolerant of high inflation—which it believes would be transitional, remain accommodative on monetary policy, and keep interest rates low. However, it didn't comment on rising bond yields. This saw the stock market rise, buoying the NASDAQ, S&P 500, and the DOW.


Investors closely monitor bond yields that rose on Monday, forcing the stock market lower at the back of slumping oil prices. The result says funds flow from "value" stocks—energy and banks, to tech stocks which were the primary beneficiaries of the coronavirus pandemic. This rotation back to tech could continue, propping the currently beaten-up sectors.

Impact on Indices: 

Neutral. Analysts are concerned about an overvalued stock market that's fragile, crashing on even the slightest movement. The borrowing cost may cause a market cap calibration across the board, causing a dump down on stocks and therefore indices. If the FED doesn't impose yield curve controls, stocks could retrace from current levels, a net negative cascading to impact leading indices.

More market news over on our Blog

The website is operated by a group of companies. 360 Degrees Markets Ltd and ISPASS Technologies Ltd are companies of this group.
ISPASS Technologies Ltd, a software provider, is a registered company in Cyprus, with registration number HE394419 and has its registered address at Nikolaou Nikolaidi 3, Flat/Office 205, Paphos 8010, Cyprus.

360 Degrees Markets Ltd is a registered company in Seychelles, with registration number 8421720-1 and has its registered address at Suite C, Orion Mall, Palm Street, Victoria, Mahe, Seychelles. 360 Degrees Markets Ltd is regulated by the Seychelles Financial Services Authority under the Securities Dealer license number SD019.

All payments through Skrill and Neteller are processed by 360 Degrees Markets Ltd.

AltumFx does not accept residents of certain jurisdictions such as USA, Canada, Iran, North Korea and Russia.

Since AltumFX is not under the supervision of the JFSA or ESMA, it is not involved with any acts considered to be offering financial products and solicitation for financial services to Japan or in the European Union countries and this website is not aimed at residents in Japan or in the European Union countries.

Risk Warning: Trading any kind of financial instrument, including derivatives, carries a high level of risk and may result in the total loss of your investment. You should only trade with money you can afford to lose. Trading derivatives may not be suitable for all investors. By trading with AltumFx, you acknowledge your understanding of this risk warning and your agreement with the Terms and Conditions. AltumFx always recommends you seek independent advice if necessary.