Opinion – Wednesday 27 July 2022

U.S. Equity Markets finished yesterday’s session lower, led by the 1.96% fall in the NASDAQ 100. This move lower saw the VIX close 5.7% higher. Markets fell Tuesday as Consumer Confidence in July dipped to its lowest level in 17 months. June New-Home sales slowed even...

Opinion – Tuesday 26 July 2022

Following a quiet trading session, a late rally saw U.S. Equity Markets close higher led by the 0.28% gain in the Dow. Markets rose as investors anticipate major earnings and economic news later this week. Wall Street is growing more certain that the Fed will raise...

Opinion – Monday 25 July 2022

U.S. Equity Markets reversed earlier gains to close Friday lower, led by the 1.77% fall in the NASDAQ 100. Markets focused on economic S&P Global’s Preliminary U.S. Composite Purchasing Managers’ Index (“PMI”) data for July. The reading...

Opinion – Friday 22 July 2022

U.S. Equity Markets finished yesterday’s session strongly, led by the 1.44% gain in the NASDAQ 100. Markets focused on economic data for clues on the Federal Reserve’s future path of rate hikes. The U.S. Department of Labour’s Jobless Claims data for the week of...

Opinion – Thursday 21 July 2022

U.S. Equity Markets closed higher yesterday following a volatile trading session, with the NASDAQ 100 again leading the gains at +1.55%. Markets rallied for the second straight day, and third out of four, following better-than-feared earnings from streaming-services...

Opinion – Wednesday 20 July 2022

U.S. Equity Markets surged yesterday, led by the 3.13% rise in the NASDAQ 100. As a result of yesterday’s across the board rally, the Dow, S&P 500 and NDX all closed above their respective 50-Day Moving Averages. Yesterday morning, brokerage firm Bank of America...