Opinion – Tuesday 20 August 2024

U.S. Equity saw further gains to start the week, with the NASDAQ 100 (+1.3%) outperforming and buoyed by gains in Nvidia (+4.4%) in a day of very sparse newsflow and little-to-no data. Sectors are exclusively in the green, with large-cap Technology, Communication...

Opinion – Monday 19 August 2024

Following Thursday’s aggressive move higher, U.S. Equity Markets ultimately closed little changed on Friday morning weakness pared after cash equity trade opened. Sectors were mixed with outperformance in Financials, Utilities and Communications, while downside was...

Opinion – Thursday 15 August 2024

U.S. Equity Markets again closed mixed on Wednesday after CPI failed to live up to the dovishness of the PPI report on Tuesday, albeit CPI on net was still in line with expectations and there were no signs of concern within the report. The report did little to alter...

Opinion – Wednesday 14 August 2024

U.S. Equity Markets (SPX +1.7%, DJIA +1.0%, RUT +1.6%) saw broad-based gains on Tuesday in wake of the cooler-than-expected US PPI release, with the tech-heavy Nasdaq 100 (+2.5% ) outperforming and buoyed by notable strength in Nvidia (+6.5%) and Tesla (+5.3%), which...

Opinion – Tuesday 13 August 2024

U.S Equity Markets ultimately closed mixed on Monday with the RUSSELL 2000 tumbling while the majority of sectors took a hit. Individual stock weakness was offset by tech outperformance in the S&P 500 and NASDAQ 100, to see a flat close for those two Indices. The...

Opinion – Monday 12 August 2024

U.S. Equity Markets closed higher on Friday with outperformance in the NASDAQ, although the Russell 2000 lagged and was the only Index finishing in the red. The majority of sectors were green, with outperformance in Communication Services, Technology, and Real Estate,...