Opinion – Tuesday 10 May 2022

U.S. Equity Markets got slammed across the board yesterday, led by the 4% losses in both the NASDAQ and Russell Index, as a late sell-off saw the VIX rise 15%, closing at a price of 34.75. Federal Reserve Bank of Minneapolis President Neel Kashkari told CNBC that...

Opinion – Monday 9 May 2022

U.S. Equity Markets finished the week lower, led by the 1.22% fall in the in NASDAQ 100. This is the first time since 2008 that the S&P has closed lower for five consecutive weeks. April’s job gains were greater than Wall Street’s projections. And...

Opinion – Friday 6 May 2022

U.S. Equity Markets reversed Wednesday’s gains in what turned about to be a savage move lower as the NASDAQ 100 made a new low for the year, ending the day with a loss of 5.06%. This move lower saw the VIX spike over 22%, closing at a price of 31.20. The U.S....

Opinion – Thursday 5 May 2022

As expected, U.S. Equity Markets surged yesterday following the 50-basis point hike by the Federal Reserve. The NASDAQ 100 led the gains closing higher by 3.41%, helping the VIX to crash 13%, closing at a price of 25.42. The Federal Open Market Committee...

Opinion – Wednesday 4 May 2022

U.S. Equity Markets built on Monday’s late reversal, finished the day higher, led by the 0.48% rally in the S&P. This move higher saw the VIX get slammed, closing 10% lower, below the key 30 level. Data published by the U.S. Bureau of Labour Statistics showed the...

Opinion – Tuesday 3 May 2022

U.S. Equity Markets staged a late come back to start the first trading session of May in positive territory, led by the 1.72% gain in the NASDAQ 100. Yesterday reversed some of the negativity from Friday when the NDX lost 4.17%, ensuring that Technology had its worst...