Latest news with #AmyWuSilverman
CNBC
05-08-2025
- Business
- CNBC
Caution seeping into markets as seasonality and macro trends emerge, says RBC's Amy Wu Silverman
Amy Wu Silverman, RBC Capital Markets head of derivatives strategy, joins 'Squawk Box' to discuss Silverman's market outlook, if markets are 'frothy' and much more.
Yahoo
30-07-2025
- Business
- Yahoo
The market is like a 'paddling duck' right now, strategist says
RBC Capital Markets head of derivatives strategy Amy Wu Silverman joins Market Domination Overtime to explain why the markets are in the middle of the "summer doldrums," why the CBOE Volatility Index (^VIX) could spike in August, and why she thinks the markets right now are akin to a "paddling duck." To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Amy, your your your thoughts here on the trading day. Look, uh, uh, you know, I I think one thing that's going on is we're a little bit in the summer doldrums. I think I started with that, and it's really interesting because it's a very weighty week for earnings, but like a lot of it I think was was kind of priced in already, and there's a lot of wait and see still at the tariffs. One thing I would give a little bit of warning on is historically when you get to August, that's when you get a big VIX return about 18% on average over the last decade. Uh, so there are volatility potholes potentially ahead, especially as we hit those summer doldrums and potentially they become liquidity vacuums. Whenever you come on the show, Amy, we often talk about the market. And you compare the market, which I always love to animals, various animals doing in various various activities. It means you're creative, Amy, that's what it means. And so we had paddling duck, and then last time, you were on the program, it was lobster in a pot. We were just talking off camera, you said we're back to paddling duck. What is the paddling duck? Essentially, all it means is when you see a duck paddling on the surface of a lake, he he looks calm and cool and collected, but those little feet, they're really moving underneath. And and that's happening, right? Like you are getting, you know, rotations underneath, but sometimes you don't see them, and this we call it dispersions, this big technical divergence between index volatility and single stock volatility. You tend to get that. Now what I said happened to the stock last time was he he fell off the waterfall and then we had this lobster slowly cooking in a pot and we didn't notice. And that's what I'm a little bit concerned about going forward because that tends to be seasonally what you get in August versus what you have in July. All right, paddling duck, you heard it here first. Amy, it's always great to see you, especially on set. Thanks for your time today. Thank you. Related Videos Tariff deal relief may be distracting investors from one key thing AI and biotech take on brain cancer UBS Profit Beats Estimates as Ermotti Sees Brighter Outlook UBS CEO Ermotti on Earnings, Capital Requirements, Trade Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-07-2025
- Business
- Yahoo
Market's underlying 'angst' could lead to August volatility
RBC Capital Markets equity derivatives strategist Amy Wu Silverman joins Morning Brief with Julie Hyman to discuss how markets (^DJI, ^GSPC, ^IXIC) have been reacting to Fed uncertainty and tariff uncertainty. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Markets seem to be shrugging off the latest trade back and forth. My next guest says volatility potholes, as she's calling them, could be ahead in August. Joining me now, Amy Wu Silverman, RBC Capital Markets Equity Derivatives Strategist. Ah, same, same today. We had the same thought on the color there, Amy. Um, good to see you. Um, Good to see you. You know, this has been sort of an ongoing discussion we've been having with you and other strategists just how resilient the market has been, at least on the surface, uh, in the face of these continued tariff threats. Is there anything under the water line, so to speak, that you're seeing? Look, there is, Julie. I think there is a lot of angst under the surface. One way that we identify that is just, you know, how do option prices, how does volatility look in the future? So maybe not the next month, maybe not the next two months, but even three, four, six, 12 months out. And that's where you do start to see investors demanding protection. There's heightened levels of volatility. We refer to that as the term structure, but it's simply saying that there is a good deal of worry, not necessarily for the summer months as the negotiations are still going on, but longer term, you know, there could be any number of reasons why, but it is much higher than normal. And that actually has been true since Liberation Day. And so do you think that there is complacency in the markets right now? And if so, I guess define what complacency is and what the risks are around that. Yeah, so when you think about it, if if you were an investor who was worried about tariffs, and you had obviously that gap during Liberation Day, but then you really got whipsawed, right? So when the market rallied that hard, you actually were caught offsides. And then you've had difficulty hedging near term because a lot of what Trump says, uh, you know, is subject to negotiation, is subject to deadlines being pushed back. Essentially what's happened is those folks who have been hedging kind of post that rally began have had a hard time. And so it's hard to keep those positions on. You know, that's not necessarily complacency. It's just this turbulence with regard to timing. I would flag that we're going into August, which tends to be seasonally poor for returns, seasonally high for volatility. And August 5th last year is when we got a major volatility pothole with the VIX spiking to over 60. Right. The summer has this sort of false reputation of being quiet when it's not necessarily a lot of the time, Amy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
Smart investors protect themselves before the chaos hits
You can catch Trader Talk on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. Markets may look calm, but the real risks are hiding under the surface. In this episode of Trader Talk, Kenny Polcari sits down with Amy Wu Silverman, managing director and head of derivatives strategy at RBC Capital Markets, to break down why low short-term volatility may be lulling investors into a false sense of security. Silverman explains how longer-term volatility is quietly rising as traders hedge against growing risks like tariffs, recession fears, and geopolitical uncertainty. They also explore how social media, algorithms, and even fake headlines can ignite sudden market swings, leaving unprepared investors vulnerable. Watch more episodes of Trader Talk here. Trader Talk with Kenny Polcari on Yahoo Finance delivers expert analysis and actionable insights, empowering you to navigate market volatility and secure your financial future. This post was written by Langston Sessoms. Sign in to access your portfolio
CNBC
10-06-2025
- Business
- CNBC
RBC's Amy Wu Silverman: I'd characterize the market right now as 'hoping, but not hopeful'
Amy Wu Silverman, RBC Capital Markets head of derivatives strategy, joins 'Squawk Box' to discuss the latest market trends, what to make of the recent volatility, impact of tariff uncertainty, and more.
