Opinion – Tuesday 10 November 2020

U.S. Equity Markets surged on vaccine optimism, finishing the day higher but well off the intra-day highs. The Dow led the market higher closing 2.95% higher, while the NASDAQ 100 finished the session with a loss of 2.16%. Vaccine data was the big story. Pfizer and...

Opinion – Monday 9 November 2020

U.S Equity Markets closed mixed after bouncing around for most of Friday’s session. The Dow closed 0.24% lower while the NASDAQ 100 finished Friday with a gain of 0.11%, to have it’s best week since April at +7%. COVID-19 trends still weighed on investor sentiment....

Opinion – Friday 6 November 2020

U.S. Equity Markets continued their post-election rally, finishing the day higher, led again by the NASDAQ which gained 2.58%, while S&P closed 1.94% higher. Weekly Jobless Claims were in line with last week but remained below 1 million for the tenth straight...

Opinion – Thursday 5 November 2020

U.S. Equity Markets jumped with Election Day behind us, finishing the day higher, led by the NASDAQ 100 which closed with a huge 4.41% gain. Growth stocks were back in investors’ good graces. With control of both the House of Representatives and Senate likely...

Opinion – Wednesday 4 November 2020

U.S. Equity markets surged again, finishing the day higher led by the Dow which closed +2.05% while the S&P finished 1.78% higher. Markets rose as the focus shifted to the 2020 presidential election. Democratic nominee Joe Biden continues to maintain his lead in...

Opinion – Tuesday 3 November 2020

U.S Indices closed higher, boosted by strong economic data, as they rebounded following a bad week and a down October. The ISM Manufacturing Index came in above estimates in October, and hit the highest level since September 2018. And IHS Markit Manufacturing PMI rose...