Weekend Update 5/9/2021

Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!


May opens heavy on Value rotation


β€πŸ’¨πŸ‘Ÿ Value rotation. With bubble fears climbing (aided by rising meme stock and joke #Crypto interest), heavy #Flight2Safety to kick off May. Value stocks up +3% MTD while Growth down slightly so far. Overall S&P 500 finished up +1%.

😰 Rising #InflationFears. Treasury Sec Yellen briefly tanked markets Tuesday saying interest rates needed to rise ‘a little bit to make sure our economy doesn’t overheat’. Last Fed update expected zero rates holding until 2022, but maybe that gets walked back? Back to #RisingYields?

😞 Pandemic recovery bifurcation continues. πŸ‡ΊπŸ‡Έ continues to live in own #COVIDRecovery bubble with reopening momentum across the country. Meanwhile, majority of the world continues to surge with new case highs.


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The statements, opinions and analyses presented here are provided as general information. This article is the opinion of the author. Anything within this article should NOT be considered an investment recommendation or advice. See Ursa’s full disclosures here.