Within the s p 500 on a points basis. Goes back to the idea that the mega cap tech stocks continue to hold their own even with the cautious commentary. With more market analysis, lets bring back Credit Suisse chief equity derivatives strategist, mandy hsu. We are hearing from these different executives about the lack of guidance, lack of visibility. What is the take away for someone like you . What are you hearing from the commentary . Mandy i think the biggest take away from earnings is how little they matter for this earnings season. A lot of ceos are unable to give clarity, unable to give going forward. Much was from last quarter, which as you know, was very different. The most dislocated metric is still correlation, how high correlation is. Extremelyast week, an busy period of earnings, correlation increased back to the march levels, a sign that investors are still pricing this to be a macro environment rather than single stock focus. Romaine do you think there is anything that cou
Argentinas debt levels are unsustainable. This is after the review we had been expecting. We will dig a little deeper into any and try to let you know impact from that decision. Lets dive a little deeper into the action with our markets reporters from equities want. Watching . Hat are you abigail i have volatility on the mind. The vix maybe receiving the panic index. The skew index is an interesting to. It could be hedging against a big move higher for stocks or could be an early look at volatility. In 2018 in the summer when the vix was smooth was snoozing, that is shown in yellow. Part over the last year, both the vix and the skew index down. We see the skew index going back to levels seen in 2018. That is ahead of the pullback we had last month around the coronavirus tragedy. Take a look at this. We have a big divergence between the skew index and the vix. Something worth keeping in mind. Taylor i wanted to take a look at the stocks index. It has been outperforming the general marke
Technology. Coming up in the next hour, secret project. Have a team to working on Satellite Technology to be an Internet Services to devices. It will allow it to bypass Wireless Networks. Latest. Plus a pay raise. The reins, akes receiving a 242 million exception package. Details. Ve and big tech in 2019. Of the ent from one most anticipated ipos to a floundering company just survive. O we look at what it faces in the new year. But first to our top story, loomberg was the first to report that the iphone maker has a secret team working on a Satellite Technology. To find new ways to bring data directly to its devices. According to people familiar with the matter. He company has got a dozen engineers from the aerospace antenna Design Industries working on the project with the hope of deploying their results years. Five for more i want to bring in bloomberg technologies. What do we know about the so far . We know its top secret. Its operating like a startup inside apple. Has the ear of tim
Blamed on the hurricane. Dayal news 24 hours a powered by more than 2700 journalists and analysts. Im Alisa Parenti. This is bloomberg. Day powered by more than 2700 Bloomberg Technology is next. Im emily chang and this is Bloomberg Technology. Coming up, bitcoin hits another gear on a bigger stage. Why sundays debut could play a defining role in the cryptocurrencies march to the mainstream. Plus, the blackout at americas busiest airport. How tech can help keep the power running when the lights go out. Stepping up security. With just a week to go for lastminute shoppers, an ebays executives tips on shopping online. The worlds Biggest Exchange just joined the bitcoin revolution. Futures started trading on the ame after there were similar derivatives on the volatile cryptocurrency. Cme is a much bigger player. The exchange got up to a faster start with more efficient pricing. Its most active contract change d hands 270 times. It is a huge win because cme contracts are five times more val
One, but it is a wakeup call for the Prime Minister. The tally is the worst performance in two decades. He may adopt a more populist agenda. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Lets take a look at the markets. Australia has closed out tuesdays session in sydney, up by 7 10 of 1 , the nikkei flat cured the hang seng looking good after the lunch break and India Holding onto gains. This is bloomberg. Emily im emily chang and this is bloomberg technology. Coming up, bitcoin hits another gear on a bigger stage. Why sundays cme debut could play a defining role in the cryptocurrencies march to the mainstream. Plus, the blackout at americas Busiest Airport. How tech can help keep the power running when the lights go out. And stepping up security. With just a week to go for lastminute shoppers, an ebays executives tips on shopping online. First, to our lead. The worlds Biggest Exchange just joined the bitc