Opinion – Friday 28 May 2021

U.S. Equity Markets bounced on strong jobs data, finishing the day higher led by the Dow which closed higher by 0.41% while the NASDAQ 100 closed lower by 0.33%. Strong jobs data served as a tailwind for markets. Jobless Claims hit a new post-pandemic low for the...

Opinion – Thursday 27 May 2021

U.S. Equity Markets resumed their march higher, finishing the day higher led by the NASDAQ which closed with a gain of 0.59% while the Small Cap Russell 2000 surged 2%. Once again, the Federal Reserve drew headlines. Federal Reserve Vice Chairman Richard Clarida...

Opinion – Wednesday 26 May 2021

U.S. Equity Markets took a breather after Monday’s gains closing lower, led by the Dow which closed with a small loss of 0.24%. Markets were largely flat as investors digested inflation news and economic data. On the inflation front, Federal Reserve regional bank...

Opinion – Tuesday 25 May 2021

U.S. Equity Markets jumped to start the week, ending yesterday’s session higher, led again by the NASDAQ 100 which closed with a gain of 1.72%. This move higher saw the VIX fall 9%, closing at a price of 18.40. A drop off in inflation fears kickstarted a rally in tech...

Opinion – Monday 24 May 2021

U.S. Equity Markets reversed earlier gains, closing mixed as the NASDAQ 100 led the declines with a fall of 0.61%. Economic data were mixed. Manufacturing PMI hit a record high this month, boosted by optimism among manufacturers. Along with a strong reading in...

Opinion – Friday 21 May 2021

U.S. Equity Markets broke their losing streak, finishing the day higher, led by the NASDAQ 100 which closed higher by 1.94%, helping the VIX to fall 7%. Equity Markets moved higher following positive jobless data. Another 444,000 people filed Initial Jobless Claims in...