LiveWire

Since bottoming on the last trading day of October the S&P 500 (SPY) has had a banner month so far this November rising 10.61% month to date. While there is still nearly two weeks left in the month, SPY is on pace for its best month since April. That is also in the top 1% of monthly moves of the past two decades. Looking across the various country ETFs in Bespoke Global Macro Dashboard, there similarly have been some massive moves so far this month. Several of these have risen over 20% and only two, India (INDA) and China (MSHI), have risen by single-digit percentages. Spain (EWP), Italy (EWI), France (EWQ), Mexico (EWW), Norway (ENOR), and the UK (EWU) are all on pace for their best month of the past twenty years - Source: Bespoke 

Pfizer's vaccine progress "is a game-changer" that will sustain a broad market rotation through the end of the year, Marko Kolanovic, a top quantitative strategist at JPMorgan, said Thursday. Here are the five trading strategies Kolanovic recommended for the broad rotation: 1) Increase allocation to equities; 2) Increase exposure to International ex-US equities ("overweight" ratings on Korean, Brazilian, and Russian stocks); 3) Shifting to cyclical stocks (out of "momentum" stocks); 4) Boost commodities (energy, metals, and agricultural products), dump cash, US Govies and Gold; 5) Favor Junk bonds over Investment Grade bonds (source: Markets Insider)

Source: DB 

Soource: CNBC

Bitcoin’s surge during U.S. election week has pulled cryptocurrency performance further ahead of major asset classes this year. The Bloomberg Galaxy Crypto Index of digital currencies, including Bitcoin, is up about 120% in 2020, exceeding gold’s near 30% jump. The crypto index has rallied some 11% during a three-day streak since election day, a period when the dollar fell to a 2018 low. Crypto believers say an escalating pandemic and sliding greenback amid ever looser monetary policy will spur more gains as investors seek stores of value. Source: Bloomberg