Opinion – Thursday 25 April 2024

U.S. Equity Markets Stocks were choppy on Wednesday with NASDAQ outperformance after a short squeeze on TSLA (+11%) post-earnings as investors await more big tech earnings reports. However, post the cash market close, META stock is down 15% post earnings send both the...

Opinion – Wednesday 24 April 2024

U.S Equity Markets continued their rally after the slump seen last week. The majority of the upside was sparked after the soft US PMI data with some cautious commentary on the labour market supporting the dovish move. As a result, the Dollar sold off throughout the...

Opinion – Tuesday 23 April 2024

U.S. Equity Markets managed to claw back some of the prior week’s losses, with a rebound in Nvidia (NVDA) shares and in Semi-Conductors supportive of the move, underpinning technology outperformance. Elsewhere gold and oil prices were lower on a lack of...

Opinion – Monday 22 April 2024

U.S. Equity Markets closed lower for the sixth consecutive trading session led by the NASDAQ with notable downside in Nvidia (NVDA) and Netflix (NFLX) shares. The latter was hit on a slightly disappointing next quarter revenue guidance and stopping to report...

Opinion – Thursday 18 April 2024

U.S. Equity Markets closed lower on Wednesday with losses led by the NASDAQ as the Tech sector underperformed with semis weighed on by a poor ASML earnings report. Stocks had pared some of the weakness after a stellar 20 Year bond auction before selling resumed into...

Opinion – Wednesday 17 April 2024

U.S. Equity Markets were choppy on Tuesday amid hawkish Fed speeches and mixed earnings reports as the Indices attempted to find some ground after recent selling, with the VIX back under 19 and a lack of response (so far) from Israel. There were two key Fed speeches...