Opinion – Wednesday 16 August 2023

A combination of Fitch threatening to downgrade U.S. Banks and much softer than expected Chinese data saw Equity Markets get hit hard across the board yesterday. This move lower saw the VIX surge 11%. Treasury Yields continue to rise as Investors pulled more than $1.8...

Opinion – Tuesday 15 August 2023

Despite a rising Dollar and higher Treasury Yields, US. Equity markets got the week off to a positive start led by the 1.18% gain in the NASDAQ 100. As the earnings season winds to a close, investors’ focus will now turn to the state of the consumer, with major...

Opinion Monday 14 August 2023

For the second consecutive week, U.S. Equity Markets made new lows on a Friday as the trend of lower highs and lower lows remains in place. Despite Friday’s sell-off, the Friday VIX crush again happened as the VIX closed lower by over 6% following a volatile week. The...

Opinion – Friday 4 August 2023

U.S. Equity Markets closed mostly flat yesterday following a trading session that saw plenty of two-way price action. After the close earnings results from Amazon saw the stock 8% higher while Apple earnings has their share price down 1%. Bond Yields continue to soar...

Opinion – Thursday 3 August 2023

Equity Markets had their first significant down day in many months following the downgrade of the U.S. Government’s Sovereign Credit Grade from AAA to AA+ by Fitch. The NASDAQ 100 led the decline closing lower by 2.21%. This was the largest one-day fall since...

Opinion – Wednesday 2 August 2023

Although another late rally saw U.S. Equity Markets closed higher yesterday, a downgrade overnight by Fitch on the U.S. Credit Rating sees Futures Markets lower by over 1% as I go to press. The recent shift in tone across Wall Street is evident in the updated target...