Opinion – Thursday 31 March 2022

U.S. Equity Markets finished yesterday’s session lower as the S&P snapped a four- day winning streak, closing with a loss of 0.63%. Kremlin spokesman Dmitry Peskov said talks between Russia and Ukraine in Turkey did not represent positive momentum in ending the...

Opinion – Wednesday 30 March 2022

U.S. Equity Markets surged again yesterday on peace optimism in Ukraine, led by the NASDAQ 100 which ended with a gain of 1.68%. Defense Minister Alexander Fomin said the military will curtail activities around Kyiv and Chernihiv. He said the change was to boost trust...

Opinion – Tuesday 29 March 2022

U.S. Equity Markets started the week in positive fashion led by the NDX which again reversed earlier losses, closing higher by 1.58%. This move higher was led by Tesla which has now rallied 45% in 10 days. Markets were flat through most of the afternoon, as investors...

Opinion – Monday 28 March 2022

U.S. Equity Markets finished Friday’s session higher, as investors continue to digest the Geopolitical headlines. Late in the morning, the S&P 500 Index tested its 100-day moving average (around 4,545) – a key technical level. Bulls could not push through this...

Opinion – Friday 25 March 2022

Strong Economic data saw U.S. Equity Markets closed higher yesterday, led by the NASDAQ 100 which finished the day with a gain of 2.2%. Weekly Jobless Claims fell to the lowest level since 1969. In Wall Street’s view, declining Jobless Claims signal economic...

Opinion – Thursday 24 March 2022

U.S. Equity Markets finished yesterday’s session lower, worried about recession as all three main Indexes closed with an average loss of 1.3%. Federal Reserve Bank of San Francisco President Mary Daly said the domestic economy remains fundamentally strong, allowing...