Opinion – Thursday 11 November 2021

U.S. Equity Markets finished the day lower, after a volatile trading session which saw the VIX closed higher by 6% at a price of 18.84. The NASDAQ 100 led the decline with a loss of 1.44%. CPI data for October was 6.2%, well above the estimate. This shows that...

Opinion – Wednesday 10 November 2021

U.S. Equity Markets finished the day slightly in the red, led by the NASDAQ 100’s 0.71% decline. Coming into yesterday, the S&P 500 had closed at an all-time high for eight straight days. That was the longest streak since 1997. So some profit-taking in stocks was...

Opinion – Tuesday 9 November 2021

U.S. Equity Markets finished the day higher, led by the Dow which again closed at a new all-time high after rising 0.29%. Markets rose after the House of Representatives passed the $1.2 trillion bipartisan infrastructure bill. This sent the bill to President Joe...

Opinion – Monday 8 November 2021

U.S. Equity Markets rose as the economy added more jobs than expected, finishing the day higher, led by Dow closing at a new all-time high with a gain of 0.58%. Strong jobs data pushed markets higher. The Bureau of Labour Statistics’ Nonfarm Payroll data for...

Opinion – Friday 5 November 2021

U.S. Equity Markets rose as Jobless Claims fell to a 19-month low, led by the 1.25% surge in the NASDAQ 100, as yet again the NDX and S&P closed at new all-time highs. Employment data was the big driver of the day. Weekly Jobless Claims fell again, beating...

Opinion – Thursday 4 November 2021

U.S. Equity Markets soared on the Federal Reserve’s policy decision, with all three main Indexes closing yet again at new all-time highs. Markets were on hold throughout most of the day as investors awaited the Federal Reserve’s policy decision. In the...