Opinion – Monday 30 October 2023

U.S. Indexes sold off on Friday despite better earnings from both Intel and Amazon. However, it did limit the sell-off in the NASDAQ 100, which was the only Index to close higher on Friday. The Dow led the declines closing lower by over 1% for the second consecutive...

Opinion – Thursday 26 October 2023

Google Shares falling a huge 10% yesterday saw U.S. Equity Markets get hit hard on Wednesday. The NASDAQ 100 led the declines with a loss of 2.47%. This was the worst day for the NDX since February 21 when the NDX fell 2.51%. Treasury Yields rising 13 Basis points...

Opinion – Wednesday 25 October 2023

U.S. Equity Markets closed higher following another volatile session which saw plenty of two-way price action. Markets rose after U.S. PMIs came in higher than expected adding to the belief that America may be heading for a soft landing. However, weaker than expected...

Opinion – Tuesday 24 October 2023

U.S. Equity Markets closed lower for the fourth consecutive trading session following an extremely choppy market that witnessed plenty of two-way price action. Markets soared initially after Bond Guru Bill Ackman tweeted that he had covered his Bond short position....

Opinion – Monday 23 October 2023

Equity Markets sold off on Friday with the NASDAQ 100 leading the decline closing lower by 1.50%. Both the Dollar and Treasury Yields fell as the Geo-Political risk increased ahead of the weekend. Friday was an ugly session as the S&P closed below its 200 Day...

Opinion – Thursday 19 October 2023

Even though there was no material worsening of the situation in Israel, U.S Equity Markets got hit hard yesterday following Treasury Yields rising to a new 16-year high at 4.94%. A better than expected 20-year Treasury saw Yields have a small fall into the close....