Opinion – Monday 28 September 2020

U.S. Equity Markets ended the week on a positive note, finishing the week higher, with the $&P 500 + 1.60%, the Dow +1.34% and the NASDAQ +2.34% after a volatile trading session. Markets opened lower before rallying throughout the day. There were no clear-cut...

Opinion – Friday 25 September 2020

U.S Equity Markets fell at the open as the S&P 500 entered a “correction” (10% below highs) in early afternoon trading. Initial Jobless Claims rose and missed expectations, sparking fears that the job market’s recovery was stalling. But markets...

Opinion – Thursday 24 September 2020

Initially, U.S Equity Markets rose following the Democrats passing a Continuing Resolution to keep the government funded through December 11 after reaching an agreement with the White House on spending measures. Vaccine developments also made headlines. Johnson &...

Opinion – Wednesday 23 September 2020

U.S Indices rebound from yesterday’s sell-off, led by the Nasdaq 100 which closed higher by 1.88%. The big news story was the Congressional Testimony from Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin. In a prepared Statement, Powell said...

Opinion – Tuesday 22 September 2020

Equity Markets closed lower in both the U.S and Euro-Zone with Financial Stocks leading the decline after Buzzfeed reported suspicious activity in both Deutsche Bank and JP Morgan. Yesterday was the worst day for European Indices since March, led by the DAX which...

Opinion – Monday 19 September 2020

U.S Equity Markets closed lower on Friday in a volatile trading session. One of the main drivers was a “Quadruple Witching,” where contracts for market index futures, single stock futures, market index options, and stock options all expire. This is a...