Opinion – Monday 1 November 2021

U.S. Equity Markets traded in a narrow range for most of Friday’s session before surging in the last 20 minutes of trading, as both the NDX and S&P 500 closed at new all-time highs. The NDX led the gains closing 0.46% higher.  Markets opened lower on big tech...

Opinion – Friday 29 October 2021

In contrast to Wednesday, U.S. Equity Markets finished yesterday’s trading session higher, led by both the NASDAQ 100 and S&P 500 closing at new all-time highs, as the NDX led the rally with a gain of 1.15%. 281,000 individuals filed Jobless Claims in the week...

Opinion – Thursday 28 October 2021

After a volatile trading session, U.S. equity markets largely finished the day lower led by the Dow closing with a loss of 0.74%. The volatility was reflected in the VIX which at one stage was trading 3% lower, before reversing in the last hour, to close higher by...

Opinion – Wednesday 27 October 2021

U.S. Equity Markets gained on Tuesday, but finished the day largely mixed after a late sell-off which saw the Dow close unchanged while the S&P closed at a new all-tine high with a gain of 0.18%. Markets trended higher on strong economic data despite some...

Opinion – Tuesday 26 October 2021

U.S. Equity Markets were volatile on Friday following comments from Fed Chair Jerome Powell, before turning around to post record highs to start the week, led by both the Dow and S&P 500 which closed higher by 0.18% and 0.47% respectively. Equities sold off on...

Opinion – Friday 22 October 2021

U.S. Equity Markets rallied again, led by the S&P 500 which closed at a new all-time high with a gain of 0.30%. However, after the close Futures Markets sold off following an earnings miss from Intel. Jobs data was the big headline of the day. In the week ending...

Opinion – Thursday 21 October 2021

U.S. Equity Markets continued their weekly rally, finishing the day higher, led by the Dow which made a new all-time high, before closing with a gain of 0.43%. Markets surged at the open and held onto their gains for the rest of the day. On Tuesda night, President Joe...

Opinion – Wednesday 20 October 2021

U.S. Equity Markets spent another day in the green, finishing the day higher, led by the S&P 500 which closed higher by 0.74%, helping the VIX to fall by 4%. Markets opened higher and held onto the gains for the rest of the day. In terms of economic data, Housing...

Opinion – Tuesday 19 October 2021

U.S. Equity Markets rebounded strongly from the early afternoon lows, finishing the day higher, led by the NASDAQ 100 which closed higher by 1.02%. Markets opened sharply lower as Senator Joe Manchin (D-WV) reiterated his opposition to the size of the White...

Opinion – Monday 18 October 2021

U.S. Equity Markets rose to end a strong week, led by the Dow which closed above 35000 with a gain of 1.09%. Markets opened higher, and held onto their gains for the rest of the day. Economic data was mixed. On the one hand, Retail Sales data rose surprisingly in...

Opinion – Friday 14 October 2021

U.S. Equity Markets trended higher as U.S. weekly Jobless Claims fell below 300,000, finishing the day higher, led by the S&P having its best trading session in seven months with a gain of 1.71%. Weekly Jobless Claims fell below 300,000 for the first time since...

Opinion – Thursday 14 October 2021

U.S. Equity Markets rose as the Federal Reserve teased plans for asset purchase tapering, finishing the day higher led by the NASDAQ 100 which closed higher by 0.77%. Inflation data was the big driver of the afternoon. The Consumer Price Index (“CPI”) rose...

Opinion – Wednesday 13 October 2021

U.S. Equity Markets were little changed throughout much of yesterday, before again selling off into the close, led by the Dow finishing lower by 0.34%. Markets opened slightly lower on a quiet day, before bouncing around for the rest of the day. Federal Reserve...

Opinion – Tuesday 12 October 2021

U.S. Equity Markets rose in the morning before selling off into the close, finishing the day lower, led by Dow closing with a loss of 0.72%. Markets rose in the early afternoon on positive headlines about COVID-19 treatments. Merck (MRK) officially filed for an...