Opinion – Wednesday 30 October 2024

U.S. Equity Markets ultimately closed Tuesday mixed with notable outperformance in the NASDAQ ahead of key earnings, while the heavyweights printed notable gains (ex-TSLA) while Broadcom (AVGO) rallied on reports that the Company is developing an AI inference chip...

Opinion – Tuesday 29 October 2024

U.S. Equity Markets ultimately closed primarily in the green on Monday although the NASDAQ 100 gave up early gains as Tech sold off. The only sectors to close in the red were Tech and Energy, with the latter weighed on by tumbling crude prices in the aftermath of...

Opinion – Monday 28 October 2024

U.S. Equity Markets ultimately finished Friday mixed with the S&P, Dow and Russell 2000 giving up their strong start to the day while the NASDAQ outperformed, albeit still closed off highs. The NDX was buoyed by the tech sector with semis performing well after a...

Opinion – Thursday 24 October 2024

U.S. Equity Markets closed lower on Wednesday (SPX -0.9%, RUT -0.8%, DJIA -1%) with the tech-heavy NASDAQ 100 (-1.6%) lagging as it was weighed on by weakness in mega-cap names Apple (AAPL) (-2.2%) and Nvidia (NVDA) (-2.8%). AAPL was weighed on by cautious analyst...

Opinion – Wednesday 23 October 2024

U.S. Equity Markets were choppy on Tuesday, albeit settling with upside bias (SPX flat, NDX +0.1%, DJIA flat) but underperformance was in the small-cap Russell 2000 (-0.4%). Sectors were also mixed amid a deluge of earnings with Industrials and Materials the laggards,...

Opinion – Tuesday 22 October 2024

U.S. Equity Markets ultimately closed mixed on Monday with outperformance in the NASDAQ 100, the only Index to close green in the US thanks to strength in Technology. Tech was the only sector to close green, with all others lower with Real Estate and Health Care...