Opinion – Tuesday 10 January 2023

U.S. Equity Markets finished Monday mixed after a volatile session that saw plenty of two-way price action, resulting in the VIX ending yesterday with a gain of 4%. Markets finished mostly higher after hawkish-leaning Fed-speak continued to maintain its stance of...

Opinion – Monday 9 January 2023

U.S. Equity Markets surged on Friday. The NDX led the gains, closing higher by 2.78%. Markets ended sharply higher driven by softer U.S. wage data and an unexpected contraction in the Institute of Supply Management’s December services reading. December’s...

Opinion – Friday 6 January 2023

U.S. equity markets finished Thursday lower led by the 1.41% fall in the NASDAQ 100. Markets ended lower as investors continue to focus on the tight labour market conditions and the potential ramifications of the Fed’s rate policy for 2023. ADP payrolls...

Opinion – Thursday 5 January 2023

U.S. Equity Markets finished Wednesday higher after a late comeback. The S&P led the gains closing higher by 0.75% as the VIX closed lower by 4% at a price of 24.01. Markets ended higher, although early gains were diluted upon the midday release of the Federal...

Opinion – Wednesday 4 January 2023

U.S. Equity Markets finished Tuesday lower led by the 0.70% fall in the NASDAO 100. Markets ended lower on the first trading day of 2023, giving up some early gains. Markets struggled to gain traction as investors await key figures due out later this week – namely...

Opinion – Tuesday 3 January 2022

Equity Markets staged a late rally on Friday, reversing earlier losses of over 1%, closing marginally lower on the day. The S&P 500 led the declines with a loss of 0.25% after a volatile trading session. Futures Markets are quiet with the exception of Gold which...

Opinion – Friday 30 December 2022

Equity Markets closed higher yesterday, reversing Wednesday’s aggressive sell-off. The NDX led the gains after a difficult week for Tech stocks, closing higher by 2.54%. Yesterday’s aggressive move higher saw the VIX close lower by 3% at a price of 21.44. Federal...

Opinion – Thursday 22 December 2022

U.S. Equity Markets finished yesterday’s session higher, led by the 1.60% gain in the Dow. The VIX continued its march lower, falling 6.5%, to close at a price of 20.07. Markets started and finished the day in positive territory. The Conference Board’s Consumer...

Opinion – Wednesday 21 December 2022

U.S. Equity Markets finished the day higher, rebounding from earlier losses, led by the 0.28% gain in the Dow. Incredibly, the VIX closed a further 4% lower at a price of 21.88. Markets started the day in negative territory before eking out modest gains. The big...

Opinion – Tuesday 20 December 2022

U.S. Equity Markets finished yesterday’s session lower as Indexes closed in the red for the fifth consecutive day. The NDX led the declines, closing lower by 1.42%. Overnight, the Bank of Japan tweaked its Yield Curve Control Policy sending the Yen soaring and...

Opinion – Monday 19 December 2022

U.S Equity Markets closed lower across-the board on Friday led by the 1.11% fall in the S&P 500. Despite the aggressive selling on Friday, the VIX continues to trade differently, closing lower by 1% at a price of 22.92. I have never seen such divergences between...

Opinion – Friday 16 December 2022

U.S. Equity Markets finished Thursday lower after a brutal sell-off led by the 3.37% fall in the NASDAQ 100. The VIX surged, closing higher by 10% at a price of 23.23. Markets ended much lower as investors reeled from the Federal Reserve’s 50-basis-point...

Opinion – Thursday 15 December 2022

U.S. Equity Markets finished Wednesday lower led by the 0.79% fall in the NASDAQ 100. Despite a volatile session, the VIX got crushed, closing lower by over 6% at a price of 21.14. Markets ended lower after early strength following a hawkish yet unsurprising Federal...

Opinion – Wednesday 14 December 2022

U.S. Equity Markets finished Tuesday higher after an incredibly volatile session. The NDX led the gains, closing 1.09% higher. Markets ended higher after surging early in the day on the release of November’s Consumer Price Index reading. The index showed...