Opinion – Thursday 30 June 2022

U.S. Equity Markets finished yesterday mostly lower after a choppy trading session that saw plenty of two-way price action. The Russell 2000 led the declines with a 1.12% fall. Federal Reserve Chairman Jerome Powell said policymakers would not let inflation impact the...

Opinion – Wednesday 29 June 2022

U.S. Equity Markets got slammed yesterday, led by the 3.09% decline in the NASDAQ 100, wiping out Monday’s gains. U.S. stocks lost momentum after the Conference Board released data that showed Consumer Confidence cooled this month for the second time in a row. This...

Opinion – Tuesday 28 June 2022

U.S. Equity Markets finished yesterday’s session slightly lower after a quiet day’s trading that saw plenty of movement within a tight range. Over the course of the day, Indexes were largely choppy in the wake of last week’s gains and reports suggesting the U.S....

Opinion – Monday 27 June 2022

U.S. Equity Markets soared on Friday, led by the 3.49% gain in the NASDAQ 100, helping the VIX to close lower by over 6% at a price of 27.22. On Friday, the U.S. Federal Reserve released a report showing that all major U.S. banks passed its Comprehensive Capital...

Opinion – Friday 24 June 2022

U.S. Equity Markets finished yesterday higher after another volatile trading session that saw plenty of two-way price action. Lower Bond yields saw a late rally with the NASDAQ 100 leading the market higher with a gain of 1.47%. The U.S. Department of Labour reported...

Opinion – Thursday 23 June 2022

U.S. Equity Markets finished yesterday basically flat after a volatile session that saw plenty of two-way price action, as the S&P gave up all of its gains with a late sell-off. Despite the volatility, the VIX closed lower by 4% at 28.95. U.S. Federal Reserve...

Opinion – Wednesday 22 June 2022

U.S. Equity Markets finished the day higher, as the first time in a long time we saw a Gap followed by a ramp with the NASDAQ 100 leading the gains, closing higher by 2.49%. Federal Reserve Board member Christopher Waller said the central bank remains focused on...

Opinion – Tuesday 21 June 2022

European Markets rallied yesterday, closing on the highs of the day with an average gain of 1.4%. This has led to a 1.25% gain the S&P Futures as finally some of the awful news over the past months gets priced into the market. As Fed Chair Powell has repeatedly...

Opinion – Monday 20 – June 2022

U.S. Equity Markets finished the day mostly higher, led by the 1.24% rise in the NASDAQ 100, while the Dow ended Friday with a small 0.13% loss. According to the U.S. Federal Reserve, total U.S. home equity grew by nearly 20% in the First Quarter to a record high of...

Opinion – Friday 17 June 2022

U.S. Equity Markets got crushed yesterday led by the 4% fall in the NASDAQ 100 after the Swiss National Bank announced a surprise 50 basis point rate hike while exiting some of its large holdings of American Equities. The U.S. Department of Labour reported that...

Opinion – Thursday 16 June 2022

Following another volatile trading session U.S. Equity Markets reversed earlier losses to close higher led by the 2.5% gain in the NASDAQ 100. This move higher saw the VIX close lower by over 9% at a price of 29.62. The U.S. Federal Reserve approved its biggest...

Opinion – Wednesday 15 June 2022

A late rally saw U.S. Equity Markets finished yesterday’s session with modest losses following the rout of the previous three trading sessions. Although the Dow closed lower by 0.50%, the NASDAQ 100 finished with a small 0.21% gain. All the action was in Bond Markets...

Opinion – Tuesday 14 June 2022

U.S. Equity Markets suffered their worst day since the COVID Crisis in March 2020 as the S&P wiped out all of its 27% gains in 2021 with a loss yesterday of almost 4%. The VIX closed 22% higher at a price of 34.02 on what turned out to be most of the most brutal...

Opinion – Monday 13 June 2022

Following a much higher than expected CPI Print, U.S. Equity Markets got slammed across the board led by the 3.76% fall in the NASDAQ 100, in what turned out to be a brutal trading session. The U.S. Bureau of Labour Statistics’ Consumer Price Index data for May...