Opinion – Wednesday 30 March 2022

U.S. Equity Markets surged again yesterday on peace optimism in Ukraine, led by the NASDAQ 100 which ended with a gain of 1.68%. Defense Minister Alexander Fomin said the military will curtail activities around Kyiv and Chernihiv. He said the change was to boost trust...

Opinion – Tuesday 29 March 2022

U.S. Equity Markets started the week in positive fashion led by the NDX which again reversed earlier losses, closing higher by 1.58%. This move higher was led by Tesla which has now rallied 45% in 10 days. Markets were flat through most of the afternoon, as investors...

Opinion – Monday 28 March 2022

U.S. Equity Markets finished Friday’s session higher, as investors continue to digest the Geopolitical headlines. Late in the morning, the S&P 500 Index tested its 100-day moving average (around 4,545) – a key technical level. Bulls could not push through this...

Opinion – Friday 25 March 2022

Strong Economic data saw U.S. Equity Markets closed higher yesterday, led by the NASDAQ 100 which finished the day with a gain of 2.2%. Weekly Jobless Claims fell to the lowest level since 1969. In Wall Street’s view, declining Jobless Claims signal economic...

Opinion – Thursday 24 March 2022

U.S. Equity Markets finished yesterday’s session lower, worried about recession as all three main Indexes closed with an average loss of 1.3%. Federal Reserve Bank of San Francisco President Mary Daly said the domestic economy remains fundamentally strong, allowing...

Opinion – Wednesday 23 March 2022

U.S. Equity Markets closed higher for the fifth trading session out of the past six, led again by the NASDAQ 100 which closed with a gain of 1.94%. The S&P 500 Index closed above the 200-day moving average today, which marked a key level for technical traders....

Opinion – Tuesday 22 March 2022

Following a volatile start to the week, U.S. Equity Markets recouped some of their afternoon sell-off to close slightly lower on the day, led by the Dow which closed with a loss of 0.58%. While speaking at an Economics Conference in Washington, D.C., Fed Chair Powell...

Opinion – Monday 21 March 2022

Last Wednesday, the Fed hiked rates by 25 basis points. The Federal-Funds target rate now sits at a range of 0.25% to 0.50%. That marked the first time the Fed has hiked rates since 2018. The Fed noted that job gains have been strong in recent months, and this strong...

Opinion – Wednesday 16 March 2022

U.S. Equity Markets reversed Monday’s aggressive sell-off to close higher led by the NASDAQ 100 which ended yesterday with a gain of 3.16%. Producer Price Index (“PPI”) data for February came in below expectations on a month-over-month basis. Wall Street...

Opinion – Tuesday 15 March 2022

A combination of rising Bond Yields and increased tensions in Ukraine saw U.S. Equity Markets closed lower yesterday, led by the NASDAQ 100 which finished the session with a loss of 1.92%. Russian delegate Leonid Slutsky said recent progress in negotiations could lead...

Opinion – Monday 14 March 2022

U.S. Equity Markets reversed earlier gains to end a volatile week in the ‘’Red’’ led by the NASDAQ 100 which closed lower by 2.13%. In the early morning, Reuters ran a report suggesting that Russian President Vladimir Putin said negotiations with Ukraine are seeing...

Opinion – Friday 11 March 2022

Following another volatile trading session that saw plenty of two-way price action, U.S. Equity Markets ended yesterday’s trading session lower, led by the 1.1% decline in the NASDAQ 100. The U.S. Bureau of Labour Statistics’ Consumer Price Index...

Opinion – Thursday 10 March 2022

U.S. Equity Markets finished yesterday’s session higher, led by NASDAQ 100 which closed higher by an impressive 3.58%. The real action took place in Europe, where most Indexes closed higher by 7/8%. Yesterday, we saw prices of oil, gold, silver, and agricultural...

Opinion – Wednesday 9 March 2022

Following one of the most volatile trading sessions in over two years U.S. Equity Markets finished the day lower, led by the S&P ending yesterday with a loss of 0.72%. Yesterday, the third round of talks between Russian and Ukrainian officials made no progress on...