Opinion – Monday 16 October 2023

Friday was an extremely volatile trading session as Equity Markets closed on their lows led by the 1.24% fall in the NASDAQ 100. Oil rising 6% did not help, leading to a massive 16% surge in the VIX. Equity Markets sold off on the fear of escalation in the Israel...

Opinion – Thursday 12 October 2023

Despite a much higher expected PPI print both the Bond Yields and U.S. Dollar weakened. 10-Year Treasuries have now fallen over 30 basis points since last Friday’s much higher than expected Non-Farm Payrolls. U.S. Equity Markets saw plenty of two-way price action...

Opinion – Wednesday 11 October 2023

Although Equity Markets sold off in the last hour of trading from their afternoon highs, all three American Indexes ended Tuesday in positive territory. 10-Year Treasury Yields falling 16 basis points helped the NASDAQ 100 to lead yesterday’s gains, closing higher by...

Opinion – Tuesday 10 October 2023

U.S. Equity Markets reversed earlier losses to close higher on Monday as traders try to gauge the impact of Hamas launching a major attack on Israel early Saturday morning. Hamas is an Islamic Group with close ties to Iran, which according to the Wall Street Journal...

Opinion – Monday 9 October 2023

Despite a much stronger than expected Non-Farm Payrolls Report on Friday, U.S. Equity Markets reversed earlier losses to close higher across the board. The NASDAQ 100 led the gains, closing higher by 1.70% while the VIX ended the session lower by 6% at a price 0f...

Opinion – Thursday 5 October 2023

The S&P had a nice bounce off yesterday morning’s 200 Day Moving Average (4201) test, rallying over 60 Handles to close higher at a price 0f 4263. This move higher saw the VIX close lower by over 6% while internally the market was strong as shown by the McClellan...