Opinion – Friday 4 December 2020

U.S. Equity markets bounced around once again near all-time highs, closing the day mixed as we wait for the Employment data at 1.30 pm. Economic data were positive. Jobless Claims fell, beating estimates. This marked the first decline in three weeks. Continuing...

Opinion – Thursday 3 December 2020

Equity Markets reversed early afternoon losses on hopes that a new Stimulus Bill will soon be published. Congress is increasingly worried about the increasing Coronavirus infections across the country. Trading was choppy yesterday before equities had a late rally. The...

Opinion – Wednesday 2 December 2020

U.S. Equity markets rose to new highs, finishing the day higher, led by the NASDAQ 100 which closed with a gain of 1.52%. Vaccine optimism continued to grow. National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci said the general public could...

Opinion – Tuesday 1 December 2020

Equity Markets fell as investors took profits at the end the month, led by the Dow which closed lower by 0.90%. Over the course of November, vaccine optimism sent markets higher. The Dow was on track for its best month since 1987, while the S&P 500 and Nasdaq...

Opinion – Monday 30 November 2020

Equity Markets rose Friday, on what turned out to be a very quiet trading session, finishing higher, led by the NASDAQ which closed the week with a gain of 0.80%. Although markets were subdued on a holiday-shortened day, there was positive vaccine news, as Operation...

Opinion – Friday 27 November 2020

The rally in global risk assets lost steam as the spreading pandemic tempered gains in European stocks and U.S. Equity Futures. Bitcoin tumbled as much as 14%. Cyclical companies including banks and energy firms that had led the post-vaccine surge retreated while more...