Opinion – Friday 1 September 2023

A late sell-off saw U.S. Equity Markets close flat on Thursday with the NASDAQ 100 again outperforming the other main Indexes, closing higher by 0.25%. Despite the late sell-off, the VIX manage to close lower by a further 3%. Visa (V) and Mastercard (MA) aim to...

Opinion – Thursday 31 August 2023

U.S. Indexes closed higher for the fourth consecutive trading session, The NASDAQ 100 again led the rally, closing higher by 0.56%, helped by a further sell-off in the U.S. Dollar. American home prices have risen for the fifth straight month with a 0.7% increase in...

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...

Opinion – Tuesday 22 August 2023

U.S. Equity Markets got the new week off to a positive start led by the 1.65% gain in the NASDAQ 100. Despite Bond yields hitting new highs for the year tech stocks were strong all-day. Investors are gearing up for the annual Jackson Hole Economic Symposium this week,...

Opinion – Monday 21 August 2023

Following an intense Friday session which saw plenty of two-way price action, lower Bond Yields helped the S&P and Dow to close flat on the day. The Friday VIX crush was back as the VIX closed lower by over 3%. Walmart’s (WMT) U.S. sales grew 6.4% in the...

Opinion – Friday 18 August 2023

U.S. Equity Markets closed lower across the board following a further rise in Bond Yields. The global debt sell off continues to march onward with yields moving towards the highest levels seen since the global financial crisis. In the U.S., 10-year yields hit 4.35%...

Opinion – Thursday 17 August 2023

U.S Equity Markets extended their sell-off on Wednesday where an ugly last hour saw all three Indexes close near the lows the day. The NDX again led yesterday’s decline, closing lower by over 1%. Rising Bond Yields did not help with the 10-Year now trading above...

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...