S&P 500: Volatility Remains High as Omicron Presents Risk, Fear
We're not out of the woods quite yet.
Our View
It's the last trading day of November and money is flowing back into stocks. Tesla roared higher by more than 5%, while FAANG, semiconductors (via the SMH), Nvidia, AMD and others all came surging back to life. The move took the ES for a ride on Monday. Even oil — which was obliterated on Friday, down 13% — caught a strong bid on the day despit…