Opinion -Thursday 26 May 2022

Following another volatile trading session, U.S. Equity Markets reversed earlier losses to close higher on the day, led by the 1.48% rise in the NASDAQ 100. This move higher saw the VIX close lower by 3%. In Minutes released from the U.S. Federal Reserve’s...

Opinion – Wednesday 25 May 2022

Equity Markets closed mixed following another volatile trading session on Wall Street. Although, a late rally saw the Dow close higher, the NDX got hit hard falling by 2.2%. Late Monday, Snap (SNAP) lowered its second-quarter earnings and revenue outlook, saying it...

Opinion – Tuesday 24 May 2022

U.S. Equity Markets started the week on a positive note, following across the board buying, led by the Dow which ended yesterday with a 2% gain. Federal Reserve Bank of St. Louis Chairman James Bullard said he anticipates a potential rate cut as early as next year. He...

Opinion – Monday 23 May 2022

U.S. Equity Markets closed Friday mixed despite a huge rally in the last hour of trading. Over the past week, the market sell-off moved beyond technology stocks, as several key retailers reported a significant hit to profits due to supply-chain disruptions. This...

Opinion – Friday 20 May 2022

U.S. Equity Markets finished yesterday’s session lower as the seven week sell-off continues, Despite the weak close, the VIX also closed lower by 5.2% at a price of 29.35. The U.S. Department of Labour reported that another 218,000 individuals filed Initial Jobless...

Opinion – Thursday 19 May 2022

U.S. Equity Markets suffered their worst loss in nearly two years as across the board selling saw most Indices fall by more than 4%. This move higher saw the VIX close with a gain of 18% at a price of 30.96. Several major retailers – including Target (TGT) – reported...