Opinion – Monday 3 July 2023

U.S Equity Markets closed higher across the board on Friday. The NASDAQ 100 led gains helped by Apple (AAPL) making history, becoming the first company ever to reach a market value of $3 trillion. The tech giant’s stock closed 1% higher, pushing Apple’s...

Opinion – Friday 30 June 2023

The Bank Index outperformed yesterday following the latest successful stress tests of the banks by the Federal Reserve. The Dow led the gains closing higher by 0.80% as the market finished above 34,100. Equity Markets are still trying to digest Wednesday’s joint...

Opinion – Thursday 29 June 2023

U.S Equity Markets closed flat on Wednesday following a boring session. While the Dow closed lower, the NASDAQ 100 ended the session with a small 0.12% gain. After the close the Federal Reserve reported that U.S. Banks had passed the latest stress tests with capital...

Opinion – Wednesday 28 June 2023

U.S. Equity Markets reversed all of Monday’s losses, closing higher across the board as the Month and Quarter End Mark-up gathered pace. The NASDAQ 100 led Tuesday’s gains, closing higher by 1.75%. The VIX closed lower by 3.58% at a price of 13.74. Treasury Secretary...

Opinion – Tuesday 27 June 2023

U.S. Equity Markets closed lower across-the board, reversing earlier gains. The NASDAQ 100 again led the declines as profit-taking continues in this severely overvalued market. The first half of 2023 is ending with mixed market outcomes – otherwise known as a...

Opinion – Monday 26 June 2023

Equity Markets closed lower on Friday led by the 1% fall in the NASDAQ 100 which broke an eight-week winning streak that began in late April. Oil saw a weekly decline of over 3% following indications from the Federal Reserve that additional interest rate increases...