Opinion – Friday 3 June 2022

U.S. Equity Markets finished the day higher after a dramatic reversal in the last three hours of trading. The NASDAQ 100 led the gains closing higher by 2.75%.  U.S. Federal Reserve Vice Chairwoman Lael Brainard said she believes it would be appropriate for the...

Opinion – Thursday 2 June 2022

U.S. Equity Markets closed lower yesterday, following a volatile first trading session for June. The S&P led the declines, closing lower by 0.75%. Many traders remain concerned about the pace of the U.S. Federal Reserve’s interest-rate hikes and the...

Opinion – Wednesday 1 June 2022

U.S. Equity Markets finished the month lower led by the 0.67% fall in the Dow in a trading session that witnessed plenty of two-way price action. Yesterday morning, Federal Reserve board member Christopher Waller voiced the Central Bank’s concerns about the...

Opinion – Tuesday 31 May 2022

U.S. Equity Markets finished the week on a strong note led by the Dow closing higher for the sixth consecutive trading session adding to my conviction that we put in a meaningful low on Friday May 21. The U.S. Bureau of Economic Analysis reported Personal Consumption...

Opinion – Friday 27 May 2022

U.S. Equity Markets surged higher yesterday, led by the 2.79% gain in the NASDAQ 100. This move higher helped the VIX to close lower by over 3% at a price of 27.50. The U.S. Commerce Department reported that the country’s economic contraction was worse than...

Opinion -Thursday 26 May 2022

Following another volatile trading session, U.S. Equity Markets reversed earlier losses to close higher on the day, led by the 1.48% rise in the NASDAQ 100. This move higher saw the VIX close lower by 3%. In Minutes released from the U.S. Federal Reserve’s...

Opinion – Wednesday 25 May 2022

Equity Markets closed mixed following another volatile trading session on Wall Street. Although, a late rally saw the Dow close higher, the NDX got hit hard falling by 2.2%. Late Monday, Snap (SNAP) lowered its second-quarter earnings and revenue outlook, saying it...

Opinion – Tuesday 24 May 2022

U.S. Equity Markets started the week on a positive note, following across the board buying, led by the Dow which ended yesterday with a 2% gain. Federal Reserve Bank of St. Louis Chairman James Bullard said he anticipates a potential rate cut as early as next year. He...

Opinion – Monday 23 May 2022

U.S. Equity Markets closed Friday mixed despite a huge rally in the last hour of trading. Over the past week, the market sell-off moved beyond technology stocks, as several key retailers reported a significant hit to profits due to supply-chain disruptions. This...

Opinion – Friday 20 May 2022

U.S. Equity Markets finished yesterday’s session lower as the seven week sell-off continues, Despite the weak close, the VIX also closed lower by 5.2% at a price of 29.35. The U.S. Department of Labour reported that another 218,000 individuals filed Initial Jobless...

Opinion – Thursday 19 May 2022

U.S. Equity Markets suffered their worst loss in nearly two years as across the board selling saw most Indices fall by more than 4%. This move higher saw the VIX close with a gain of 18% at a price of 30.96. Several major retailers – including Target (TGT) – reported...

Opinion – Wednesday 18 May 2022

A weaker Dollar helped U.S. Equity Markets register strong gains across the board, led by the 2.62% rally in the NASDAQ 100. A major milestone in Shanghai helped boost the S&P 500. Local authorities noted that the city achieved three days of no new COVID-19...

Opinion – Tuesday 17 May 2022

U.S. Equity Markets ended Monday’s volatile trading session mixed as the Dow still closed slightly higher despite a 300-point sell-off into the close, while the NASDAQ 100 ended yesterday with a loss of 1.16%. At the same time the VIX followed on from last week,...

Opinion – Monday 16 May 2022

Friday saw buyers return as U.S. Equity Markets closed higher led by the 3.7% rise in the NASDAQ 100. This move higher saw the VIX close a further 9% lower at a price of 28.87. Last Thursday, U.S. Federal Reserve Chairman Jerome Powell said that getting inflation...