Opinion – Wednesday 30 August 2023

A combination of a Lower Dollar and Lower Treasury Yields saw U.S. Equity Markets surge on Tuesday, as the Indexes continue to rebound from last week’s oversold conditions. The NASDAQ 100 led yesterday’s gains, closing higher by 2.15%. This move higher saw the VIX...

Opinion – Tuesday 29 August 2023

Equity Markets rallied for the second consecutive session with average gains of 0.70% across the board. In the process the S&P has now regained 70% of Thursday’s ugly 100 Handle fall. After Federal Reserve Chair Jerome Powell’s speech at Jackson Hole last...

Opinion – Monday 28 August 2023

U.S. Equity Markets reversed afternoon losses to close higher on Friday. Following a volatile trading session that saw plenty of two-way price action, a late rally saw the three main Indexes close higher by an average 0.75%. This move higher saw the VIX end Friday...

Opinion – Friday 25 August 2023

Despite Nvidia reporting much stronger than expected earnings, U.S. Equity Markets got hit hard across the board yesterday. All three American Indexes had Key Day Reversals, led by the 2.19% fall in the NASDAQ 100. Firmer Bond Yields and a stronger Dollar after lower...

Opinion – Thursday 24 August 2023

Lower Treasury Yields and a weaker Dollar helped U.S. Equity Markets rally ahead of key earnings from Nvidia. Post close, NASDAQ Futures surged after Nvidia reported solid earnings that saw the stock price rise a further 6% on top of Wednesday’s 3% gain. Nvidia...

Opinion – Wednesday 23 August 2023

U.S. Equity Markets reversed morning losses to close lower across the board. A combination of a stronger Dollar and high Bond Yields continue to weigh on Equity Markets. Despite pressurised Equity Markets, the VIX again closed lower by 1%. Macy’s (M) quarterly...