VXUS

Moving with the market

• VXUS +1.15% on the last session vs SPY +0.74%: +0.4 pts of stock-specific move.
• Aftermath, big gain (Oct 2): After its 54 big gains in the past 5 years, VXUS typically gained 2.9% over the next month (median) and was higher 74% of the time; half the outcomes fell between -0.2% and +4.9%. An ordinary month: +1.2%. Among S&P 500 stocks after big gains, that ranks #3 of 500.
• 3 Reddit mentions in the past 24 hours, 76% positive over the week.
• Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.