Opinion – Thursday 8 April 2021

U.S. Equity Markets were mixed on a quiet day’s trading with the Dow closing flat  while the NASDAQ 100 closed 0.28% higher. Markets were mixed following a decline on Tuesday. Early in the morning, headlines were focused on JPMorgan CEO Jamie Dimon’s shareholder...

Opinion – Wednesday 7 April 2021

U.S. Equity Markets traded in a narrow range before closing below Monday’s record highs, led by the Dow which finished lower by just 0.29%. The International Monetary Fund boosted its global growth outlook for 2021 on strength from accelerating COVID-19 vaccinations....

Opinion – Tuesday 6 April 2021

The Department of Labour reported last Friday that the Employment data for March indicated companies added 916,000 jobs (versus the 647,000 expectation), while the unemployment rate fell to 6.0%. Yesterday both the S&P and Dow closed at yet another new all-time...

Opinion – Thursday 1 April 2021

U.S. Equity Markets rebounded yesterday, finishing the day higher, despite a late sell-off into the Close. The NASDAQ 100 led the rally ending the day with a gain of 1.51%. The S&P made a new all-time high before a late sell-off saw the rally cut  to a gain of...

Opinion – Wednesday 31 March 2021

U.S. Equity Markets continued their choppy trade, finishing the day lower, led by the NASDAQ 100 which closed with a loss of 0.56%. A spike in bond yields weighed on markets. This has been a theme playing out over the past few weeks. Higher bond yields spark fears of...

Opinion – Tuesday 30 March 2021

U.S. Equity Markets bounced around to start the week, finishing the day mixed as the Dow tested all-time highs to close with a gain of 0.60% while the Small Cap Russell 2000 closed 2.83% lower. Markets declined in the early morning before recovering throughout the...