Opinion – Thursday 27 October 2022

U.S. Equity Markets finished Wednesday mixed. While the Dow and Russell 2000 closed higher, the NASDAQ 100 got hit hard, closing lower by 2.26%. Markets finished a volatile day of trading following poor tech earnings led by Alphabet (GOOGL) and Microsoft (MSFT) after...

Opinion – Wednesday 26 October 2022

U.S. Equity Markets finished Tuesday higher ked by the 2.10% gain in the NASDAQ 100, as short positions again got slammed. Markets extended weekly gains with some support from lower yields and a weaker dollar. U.S. Treasury Secretary Janet Yellen fuelled speculation...

Opinion – Tuesday 25 October 2022

U.S. Equity Markets finished Monday higher led by the 1.34% gain in the Dow. Markets continued last week’s late rally. S&P Global’s Purchasing Managers’ Index (“PMI”) for October showed a weakening economy, which prompted hope among...

Opinion – Monday 24 October 2022

U.S. Equity Markets ended the week on a positive note, after strong gains across the board, led by Dow which closed Friday with a gain of 2.47% Markets ended the week on a high note, following a noisy day with concerns over higher rates and a rally in the Dollar....

Opinion – Friday 21 October 2022

Following another volatile trading session U.S. Equity Markets finished Thursday lower led by the 0.80% fall in the S&P. Despite the aggressive sell-off from mid-afternoon highs, the VIX also closed lower by 2.6% at a price of 29.98. Markets encountered a...

Opinion – Thursday 20 October 2022

Despite a late rally, U.S. Equity Markets finished Wednesday lower, led by the 0.67% fall in the S&P. Markets saw a sizable pullback from the gains to start the week. Investors still believe that aggressive rate hikes are still in the global monetary policy...