Opinion – Wednesday 20 July 2022

U.S. Equity Markets surged yesterday, led by the 3.13% rise in the NASDAQ 100. As a result of yesterday’s across the board rally, the Dow, S&P 500 and NDX all closed above their respective 50-Day Moving Averages. Yesterday morning, brokerage firm Bank of America...

Opinion – Tuesday 19 July 2022

Following an afternoon reversal, U.S. Equity Markets finished the day lower led by the 0.89% decline in both the Dow and NASDAQ 100. Markets remained under steady pressure after starting the day near the highs. The drop began after Russian energy provider Gazprom...

Opinion – Monday 18 July 2022

U.S. Equity Markets finished the day higher, led by the 2.15% gain in the Dow. This move higher saw the VIX close over 8% lower at a price of 24.23, which is its lowest close since early June. Markets closed higher as a slew of economic data pointed to...

Opinion – Friday 15 July 2022

U.S. Equity Markets finished the day mixed after a large reversal in the last two hours of trading. Although the NASDAQ 100 closed higher by 0.34%, the Dow finished in the red with a loss of 0.46%. U.S. Producer Inflation clocked in at 1.1% in June, higher than the...

Opinion – Thursday 14 July 2022

U.S. Equity Markets closed lower yesterday after a volatile trading session that saw plenty of two-way volatility. Despite the increased volatility, the VIX also closed lower by 1.72% at a price of 26.82. Markets dropped as U.S. inflation growth for June came in...

Opinion – Wednesday 13 July 2022

Nervousness ahead of today’s CPI saw U.S. Equity Markets close lower yesterday, led by the 0.92% fall in the S&P 500. Earnings and recessions fears gripped Wall Street as a deepening Treasury yield-curve inversion, a strengthening Dollar, and potentially high...

Opinion – Tuesday 12 July 2022

A stronger Dollar saw U.S. Equity Markets close lower yesterday, led by the 2.19% loss in the NASDAQ 100. Uncertainty surrounding inflation growth spurned the recent sell-off in American Indexes. The Bureau of Labour Statistics releases June’s Consumer Price...

Opinion – Monday 11 July 2022

U.S. Equity Markets finished the week mixed on what was a surprisingly quiet trading session. Equity Markets were driven by employment-related data once more. The Bureau of Labour Statistics released its Non-Farm Payroll data for June. The numbers showed a decline...

Opinion – Friday 8 July 2022

U.S. Equity Markets finished yesterday’s session higher, led by the 2.18% gain in the NASDAQ 100. This move higher saw the VIX fall a further 2.5%, closing at a price of 26.08. Yesterday’s gains were driven by employment-related data. The Department of Labour’s Weekly...

Opinion – Thursday 7 July 2022

U.S. Equity Markets finished the day higher after a volatile session, with the NASDAQ 100 again leading the rally with a 0.62% gain. Meanwhile, the VIX fell 3%, closing at a price of 26.73. Yesterday’s price action was driven by three items – Job Openings, the...

Opinion – Wednesday 6 July 2022

Equity Markets had a wild start to the week, reversing earlier losses to close higher on the day led by the 1.68% surge in the NASDAQ 100. The White House is expected to roll back tariffs on the import of some Chinese goods soon, in an attempt to ease inflation...

Opinion Tuesday 5 July 2022

U.S Equity Markets were closed yesterday for the July 4th Holiday. Futures trading was subdued as the S&P is currently trading higher by 0.50%. Meanwhile, European Equity Markets had a mixed session following a late sell-off into the close led by the 0.1% fall in...

Opinion – Monday 4 July 2022

U.S Equity Markets ended a volatile week with a late rally, as the Dow led the gains closing higher by 1.06%. The stock market bears are making the case for a financial-crisis type collapse… Wall Street money managers and traders are data mongers. They are...

Opinion – Friday 1 July 2022

U.S. Equity Markets finished the Quarter with more selling as the NASDAQ 100 led the declines with a loss of 1.33%. The U.S. Federal Reserve’s preferred inflation gauge, the Bureau of Economic Analysis’ Personal Consumption Expenditures, jumped by 6.3%...