Opinion – Friday 28 October 2022

Following another volatile trading session, U.S. Equity Markets finished Thursday mixed. Although the Dow closed higher by 0.61%, the NASDAQ 100 fell 1.88% and that fall has continued overnight following the awful results from Amazon, which sees their shares trading...

Opinion – Thursday 27 October 2022

U.S. Equity Markets finished Wednesday mixed. While the Dow and Russell 2000 closed higher, the NASDAQ 100 got hit hard, closing lower by 2.26%. Markets finished a volatile day of trading following poor tech earnings led by Alphabet (GOOGL) and Microsoft (MSFT) after...

Opinion – Wednesday 26 October 2022

U.S. Equity Markets finished Tuesday higher ked by the 2.10% gain in the NASDAQ 100, as short positions again got slammed. Markets extended weekly gains with some support from lower yields and a weaker dollar. U.S. Treasury Secretary Janet Yellen fuelled speculation...

Opinion – Tuesday 25 October 2022

U.S. Equity Markets finished Monday higher led by the 1.34% gain in the Dow. Markets continued last week’s late rally. S&P Global’s Purchasing Managers’ Index (“PMI”) for October showed a weakening economy, which prompted hope among...

Opinion – Monday 24 October 2022

U.S. Equity Markets ended the week on a positive note, after strong gains across the board, led by Dow which closed Friday with a gain of 2.47% Markets ended the week on a high note, following a noisy day with concerns over higher rates and a rally in the Dollar....

Opinion – Friday 21 October 2022

Following another volatile trading session U.S. Equity Markets finished Thursday lower led by the 0.80% fall in the S&P. Despite the aggressive sell-off from mid-afternoon highs, the VIX also closed lower by 2.6% at a price of 29.98. Markets encountered a...

Opinion – Thursday 20 October 2022

Despite a late rally, U.S. Equity Markets finished Wednesday lower, led by the 0.67% fall in the S&P. Markets saw a sizable pullback from the gains to start the week. Investors still believe that aggressive rate hikes are still in the global monetary policy...

Opinion – Wednesday 19 October 2022

U.S. Equity Markets finished Tuesday higher following another volatile trading session that saw plenty of two-way price action. The S&P led the gains, closing higher by 1.14% Markets continued Monday’s momentum thanks to the consensus belief that historically low...

Opinion – Tuesday 18 October 2022

U.S. Equity Markets finished Monday higher as Friday’s losses were reversed, led by the 3.46% gain in the NASDAQ 100. Markets gained momentum following better sentiment out of the U.K., as the new Chancellor announced measures to calm markets. Bank earnings in the...

Opinion – Monday 17 October 2022

U.S. Equity Markets reversed most of Thursday’s gains, led by the 3% fall in the NASDAQ 100 following another wild trading session. Markets were lower following last week’s higher-than-expected inflation metrics that offer little resistance to any thought of...

Opinion – Friday 14 October 2022

My Platinum Service generated over 2400 points yesterday as U.S. Equity Markets finished Thursday higher after one of the most dramatic key day reversals in the history of the American Indexes. The Dow led the surge higher with a gain of 2.80%. Markets rebounded from...

Opinion – Thursday 13 October 2022

Following a quiet trading session U.S. Equity Markets finished Wednesday lower as both the S&P and NASDAQ 100 fell for a sixth consecutive day. Despite the negativity, the VIX actually closed lower on the day. Markets fell after fluctuating for most of the day,...

Opinion – Wednesday 12 October 2022

U.S. Equity Markets finished Tuesday’s session mixed following another volatile trading session. Both the NASDAQ and S&P 500 closed lower for the fifth consecutive trading session while the Dow closed with a small gain of 0.12%. Markets were choppy as...

Opinion – Tuesday 11 October 2022

U.S. Equity Markets finished lower for the fourth consecutive session led by the 1% fall in the NASDAQ 100. Markets were choppy Monday as anticipation grows for inflation figures later this week. Earnings season also kicks off later this week with major banks...