Opinion – Wednesday 10 March 2021

U.S. Equity Markets surged yesterday, led by the NASDAQ 100 which closed with a gain of 4.03% while the Dow closed flat. Stimulus news was another tailwind for markets. The House of Representatives received the stimulus package back from the Senate, and was reportedly...

Opinion – Tuesday 9 March 2021

U.S. Equity Markets gained on stimulus optimism, but tech was left behind, as the NASDAQ 100 closed lower by 2.92%, while the Dow closed with a gain of 0.97%. Stimulus news boosted markets. Over the weekend, the Senate approved the $1.9 trillion coronavirus aid bill,...

Opinion – Monday 8 March 2021

U.S. Equity Markets bounced around for most of Friday before rising sharply into the close, led by the S&P 500 which gained 1.94%. Markets sold off sharply at the open on the heels of Thursday’s comments from Federal Reserve Chair Jerome Powell. Powell did little...

Opinion – Friday 5 March 2021

U.S. Equity Markets sold off as investors digested testimony from Federal Reserve Chair Jerome Powell, led by the NASDAQ which closed lower by 2.11%, while the Small Cap Russell 2000 fell 2.75%. Bond Yield fears once again drove markets lower. Fed Chair Jerome Powell...

Opinion – Thursday 4 March 2021

U.S. Equity Markets sold off again, finishing lower led by the NASDAQ 100 which closed with a loss of 2.88%, resulting in a 10.66% rise in the VIX. Interest Rate fears and weak economic data sent markets lower. Earlier, vaccine news was positive after President Joe...

Opinion – Wednesday 3 March 2021

U.S. Equity Markets pulled back from Monday’s explosive rally, finishing lower, led by the Russell 2000 and NASDAQ which fell by 1.92% and 1.69% respectively. Markets sold off sharply at the open. There was no real catalyst, but Monday’s large move higher could have...