Opinion – Wednesday 4 October 2023

An alarming spike in JOLTS job openings saw U.S. Equity Markets and Treasury Bonds crushed yesterday as the recent sell-off accelerated into the close. The data was released as the first suspected intervention in USD/JPY in twelve months saw USD/YEN plunge 300 points...

Opinion – Tuesday 3 October 2023

U.S. Equity Markets ended Monday’s session mixed following another volatile trading session. Notable outperformance in Tech stocks offset losses across most of the other sectors. It was surprising that the NASDAQ outperformed given the surge in Bond Yields and the...

Opinion – Monday 2 October 2023

U.S. Equity Markets reversed earlier gains on Friday afternoon by closing lower across the board. The Dow led the losses, closing lower by 0.47% following a volatile last trading session for September. The late sell-off saw the VIX end Friday with a 1% gain at a price...

Opinion – Friday 29 September 2023

Lower Bond Yields and a weaker Dollar saw U.S. Equity Markets close higher although off their afternoon highs. The NASDAQ 100 led Thursday’s gains, closing higher by 0.64%. This move higher saw the VIX fall a further 5%, closing at a price of 17.84. Internally the...

Opinion – Thursday 28 September 2023

American Indexes closed flat yesterday following a volatile trading session that provided plenty of two-way price action. Just when it looked like the S&P would test the 4200 major support level the market recovered to close unchanged with a 50 Handle rally off...

Opinion – Wednesday 27 September 2023

Equity Markets continue to trade heavy driven by the Dollar making new 10-month highs and Bond Yields trading at levels not seen since 2007. The NASDAQ 100 led yesterday’s decline closing lower by 1.51%. The across-the board sell-off saw the VIX end Tuesday with a 12%...