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...

Opinion Monday 14 August 2023

For the second consecutive week, U.S. Equity Markets made new lows on a Friday as the trend of lower highs and lower lows remains in place. Despite Friday’s sell-off, the Friday VIX crush again happened as the VIX closed lower by over 6% following a volatile week. The...

Opinion – Friday 4 August 2023

U.S. Equity Markets closed mostly flat yesterday following a trading session that saw plenty of two-way price action. After the close earnings results from Amazon saw the stock 8% higher while Apple earnings has their share price down 1%. Bond Yields continue to soar...

Opinion – Thursday 3 August 2023

Equity Markets had their first significant down day in many months following the downgrade of the U.S. Government’s Sovereign Credit Grade from AAA to AA+ by Fitch. The NASDAQ 100 led the decline closing lower by 2.21%. This was the largest one-day fall since...

Opinion – Wednesday 2 August 2023

Although another late rally saw U.S. Equity Markets closed higher yesterday, a downgrade overnight by Fitch on the U.S. Credit Rating sees Futures Markets lower by over 1% as I go to press. The recent shift in tone across Wall Street is evident in the updated target...

Opinion – Tuesday 1 August 2023

A boring session ended with a large rally in the last five minutes of trading to leave all three American Indexes end Monday’s session with a small gain. As earnings season continues, technology companies Apple (AAPL) and Amazon (AMZN) are set to report earnings after...

Opinion – Monday 31 July 2023

The VIX closing a huge 7.50% lower saw all three American Indexes reverse Thursday’s losses, led by the NASDAQ 100 which ended Friday with a gain of 1.85%. Thursday’s bearish engulfing reversal candle did not matter as the markets surged from the off, following better...

Opinion – Friday 28 July 2023

Equity Markets on both sides of the Atlantic continue to react positively to Fed Chair Jerome Powell’s statement following the FOMC’s two-day policy meeting which resulted in the central bank lifting interest rates by another quarter-point.  Despite...

Opinion – Thursday 27 July 2023

The Federal Reserve raised rates as expected by 25 basis points, signalling their unwavering commitment to tackling inflationary concerns. This forthcoming measure was the 11th rate increase since early 2022, with interest rates now in a range of 5.25% to 5.50%. The...

Opinion – Wednesday 26 July 2023

Better earnings from GE and General Motors saw the U.S. Equity Markets close higher on Tuesday. After the close both Google and Microsoft reported better than expected earnings. The Fed is set to announce a 25-basis point rate hike this evening, bringing rates to a...

Opinion – Tuesday 25 July 2023

Despite a quiet session following the NASDAQ rebalancing, U.S. Equity Markets closed higher across the board. The Dow closing higher for the 11th consecutive trading day, led the gains, at +0.52%.The busiest week of the summer earnings season on Wall Street is here,...