Opinion – Thursday 10 September 2020

U.S Equity Markets rebounded after three straight days of sharp sell-offs. There were no clear drivers, though Senate Republicans unveiled a $650 billion Coronavirus Stimulus Bill that will be funded with $350 billion not spent in the earlier Coronavirus package. In...

Opinion – Wednesday 9 September 2020

U.S Indices fell hard yesterday as technology weakness continued to weigh on markets on a what turned out to be a wild trading session. Sellers took markets down near their 50-day Moving Average, and a close below could spark more selling. Given tech’s large...

Opinion – Tuesday 8 September 2020

European Indices closed with strong gains in a broad rally led by Autos, Industrials and Health – Care Stocks. The FTSE led European Markets higher, closing with a gain of 2.3%, helped by a falling Pound as Brexit Talks plunged into crisis following Britain’s threat...

Opinion – Monday 7 September 2020

U.S Indices closed weak but well – off intra-day lows led by technology weakness and Dollar strength. Investors continued to rotate out of risky assets heading into the three-day weekend. A U.S Dollar rally means that U.S.-made goods cost more in other...

Opinion – Friday 4 September 2020

U.S Indices finally reversed course after a relentless five-month rally as speculated at length in yesterday’s Daily Commentary. The NASDAQ 100 led the decline closing 5% lower while the VIX which has signalled trouble all-week, closed 20% higher Concerns over a...

Opinion – Thursday 3 September 2020

Both the S&P and NASDAQ 100 made new all-time highs on optimism around the timeline for a Coronavirus vaccine. National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci said a Coronavirus vaccine could be available earlier than expected if...