Opinion – Tuesday 3 December 2024

The U.S. Dollar was strong to start the week, although pared some of its notable strength after dovish remarks from Fed’s Waller who noted he leans towards a December cut, which sparked modest upside in stocks/Treasuries and increased money market probabilities...

Opinion – Monday 2 December 2024

U.S. Equity Markets gained for the second consecutive trading session with both the Dow and S&P closing at new all-time highs. However the market did not close at their intra-day highs as the Dow fell 150 points off it’s 45070 high in the last 15 minutes of a...

Opinion – Thursday 28 November 2024

Stocks were primarily sold on Wednesday heading into the Thanksgiving holiday and on the last full trading day of month-end. There was notable underperformance in the NASDAQ after a slew of tech/software earnings stumbled after earnings (DELL, HPQ, ADSK, CRWD, WDAY)....

Opinion – Wednesday 27 November 2024

Price action in stocks was mixed, with large caps outperforming, driven by strength in Communications and particularly Utilities, while Materials and Energy lagged. Meanwhile, small caps, RUT -0.8%, were hurt by a higher US yield environment in response to resumed...

Opinion – Tuesday 26 November 2024

U.S. Equity Markets closed positive yesterday but well-off highs although the Russell made new all-time-highs, managing to hold onto the majority of gains while Treasuries bull flattened. The upside in both stocks and bonds was primarily a response to the...

Opinion – Monday 25 November 2024

U.S. Equity Markets primarily saw marginal gains on Friday, but small caps rallied with the Russell 2000 a clear outperformer. Outperformance was seen in Industrials, Consumer Discretionary and Financials while Communication, Utilities and Tech underperformed....