Opinion – Wednesday 18 August 2021

U.S. Equity Markets sold off on weak Retail Sales data, led by the NASDAQ 100 which closed lower by 0.91%. This move lower saw the VIX end yesterday’s session with a gain of over 11%. According to data from the U.S. Census Bureau, Retail Sales fell 1.1% in July, a...

Opinion – Tuesday 17 August 2021

U.S. Equity Markets reversed earlier losses, closing the day higher, led by the Dow and S&P with both Indexes closing at new all-time highs. Markets opened lower before recovering throughout the day. In the morning, Federal Reserve speakers were in focus. Federal...

Opinion – Monday 16 August 2021

U.S. Equity Markets ended the week on a high note, after a very quiet session, led by the S&P which closed with a small gain of 0.16%, hitting a new all-time high at 4468. It was a relatively quiet trading session to end the week. Earnings season wrapped up, with...

Opinion – Friday 13 August 2021

U.S. Equity Markets bounced around again on jobs and inflation data, ending yesterday’s session higher, as both the Dow and S&P closed at yet another new all-time high. Labour market and inflation data were the big story of the day. Jobless Claims fell, matching...

Opinion – Thursday 12 August 2021

U.S. Equity Markets bounced around as investors digested inflation data, before closing mixed as the Dow closed at a new all-time high with a gain of 0.62% while the NASDAQ 100 closed lower by 0.17%. Inflation data was the big story of the day. According to the Bureau...

Opinion – Wednesday 11 August 2021

U.S. Equity Markets rebounded to new highs, led by Dow which closed with a gain of 0.46%, despite many negative divergences. The Federal Reserve was the big story in the morning. Multiple Fed speakers – Raphael Bostic (Atlanta), Eric Rosengren (Boston), and Thomas...