'Stability Is Session-By-Session': Risk Of Vol Spasm Hangs Over S&P 500 Rebound

Authored by Michael Ball, Bloomberg macro strategist,

As dip-buying and short-covering stabilize US equities after last week’s historic internal moves, the path higher for S&P 500 is open again -- traders will just have to navigate volatility-related risks.

Tech outperformed Monday while the momentum factor was notably higher - a follow-through from Friday’s relief rally.