Opinion – Monday 22 August 2022

U.S. Equity Markets finished Friday lower led by the 1.92% fall in the NASDAQ 100 as the market corrects some of its overbought condition. This move lower saw the VIX end the week with a gain of 5% at a price of 20.60. Markets closed lower as the Dollar renewed its...

Opinion – Friday 19 August 2022

U.S. Equity Markets finished the day, led by the small 0.26% gain in the NASDAQ 100 on a day that the VIX closed 2% lower at a price of 19.56. Markets closed higher helped by the Philadelphia Fed Index rising 18.5 points month over month, marking it the most positive...

Opinion – Thursday 18 August 2022

U.S. Equity Markets finished yesterday’s session lower, led by the 1.21% fall in the NASDAQ 100. Surprisingly, the VIX only closed with a gain of 1% at a price of 19.90. Markets fell as July headline Retail Sales remain largely stagnant. Target (TGT) continued the...

Opinion – Wednesday 17 August 2022

U.S. Equity Markets finished yesterday’s volatile trading session mixed as the NASDAQ 100 closed lower by 0.23%, while the Dow ended the day with again of 0.71%. Markets were spooked by Housing Starts recording their lowest reading in 17 months. Building Permits were...

Opinion – Tuesday 16 August 2022

U.S. Equity markets finished the day higher despite slower Economic growth, led by the 0.75% rally in the NASDAQ 100. Markets rose Monday as signs of an economic slowdown continue to emerge. The August Empire State Manufacturing Survey fell 42 points month over month...

Opinion – Monday 15 August 2022

U.S. Equity Markets closed higher for the fourth consecutive week, led by the 2.02% gain in the NASDAQ 100. The VIX got crushed again on Friday, closing at a four-month low at a price of 19.53. Markets closed higher on Friday as near-term inflation expectations pulled...