Opinion – Monday 26 April 2021

U.S. Equity Markets ended the week on a high note, led by the NASDAQ which closed with a gain of 1.44%. Markets rebounded from Thursday’s late-day sell-off. Some of the fear over President Joe Biden’s capital gains tax proposal subsided. While the plan is likely...

Opinion – Friday 23 April 2021

U.S. Equity Markets fell despite upbeat economic data, finishing the day lower, led by the NASDAQ 100 which closed lower by 1.25%. As a result the VIX spiked for the second consecutive trading session, closing 7% higher. Markets rose throughout the morning on strong...

Opinion – Thursday 22 April 2021

U.S. Equity Markets rebounded yesterday from the selling earlier in the week, with all three main Indexes closing in positive territory. The NASDAQ led the rally with a gain of 1.19%, while the VIX closed lower by 6.5%. Markets rose after starting the week with two...

Opinion – Wednesday 21 April 2021

U.S. Equity Markets fell for the second straight day, with all three main Indexes closing lower by 0.75%, while the VIX closed 8% higher. There was still focus on overexuberance in the markets, with Goldman Sachs saying the S&P 500 short interest was near record...

Opinion – Tuesday 20 April 2021

U.S. Equity Markets fell from their highs to start the week, with all three main Indexes closing in the red. There were not many drivers, though there was some focus on overly bullish sentiment from retail investors. Elsewhere, President Joe Biden is scheduled to meet...

Opinion – Monday 19 April 2021

U.S. Equity Markets ended last week at new all-time highs, with the Dow leading the charge, closing higher by 0.49%. Strong economic data continued to provide a tailwind for markets. Housing Starts and Building Permits rose more than expected in March, signalling that...