Opinion – Wednesday 18 November 2020

U.S. Equity Markets took a small breather after reaching new highs on Monday, finishing the day lower, led by the Dow which closed with a loss of 0.56%. Reimposed COVID-19 restrictions spooked investors. California Governor Gavin Newsom said the State was pulling the...

Opinion – Tuesday 17 November 2020

Vaccine optimism once again sent U.S. Equity Markets to all-time high, led by the Dow which closed just below 30,000 with a gain of 1.60%. Moderna said that the vaccine met its primary endpoint for efficacy. MRNA also said that its vaccine was 94.5% effective in the...

Opinion – Monday 16 November 2020

U.S. Equity Markets ended the week on a high note, finished the day higher, with the S&P and Dow both closing higher by 1.37%. Even though Coronavirus cases are still an area of concern, National Institute of Allergy and Infectious Diseases Director Dr. Anthony...

Opinion – Friday 13 November 2020

COVID-19 trends spooked Equity Markets, which finished the day lower, led by the Dow closing with a loss of 1.08% on what turned out to be another volatile trading session. U.S. case trends continued to hit record highs, bringing concerns that U.S individual States...

Opinion – Thursday 12 November 2020

U.S. Equity Markets resumed their rally, finishing the day higher, led by the NASDAQ 100 which closed with a gain of 2.31%, while the Dow closed basically unchanged. Vaccine optimism was a driver again yesterday. National Institute of Allergy and Infectious Diseases...

Opinion – Wednesday 11 November 2020

U.S. Equity Markets took a breather yesterday, finishing the day mixed. The Dow closed 0.9% higher while the NASDAQ 100 continued Monday’s reversal, closing lower by 1.74%. After Monday’s positive vaccine news, focus shifted to how Pfizer and BioNTech would distribute...