Opinion – Monday 11 October 2021

U.S. Equity Markets were choppy to end the week, finishing Friday’s session lower, led by the NASDAQ 100 which finished with a loss of 0.51%. Jobs data was the big story of the day. The Bureau of Labour Statistics’ Non-Farm Payroll data for September showed...

Opinion – Friday 8 October 2021

U.S. Equity Markets continued their rally on a debt ceiling deal, ending yesterday’s session higher, led by the Dow with a gain of 0.98%. Congress announced that it had reached a deal to suspend the debt ceiling until December, which would provide the government with...

Opinion – Thursday 7 October 2021

U.S. Equity Markets rallied strongly off their lows on reports of a debt ceiling deal, finishing the day higher, led by the NASDAQ 100’s gain of 0.63%. Markets opened sharply lower again. This was despite strong ADP employment data. The ADP employment data came in...

Opinion – Wednesday 6 October 2021

U.S. Equity Markets rebounded from Monday’s sell-off, finishing yesterday’s session higher, led by the 1.40% gain in the NASDAQ 100. Senate Majority Leader Chuck Schumer (D-NY) said Democrats do not need Republican help to suspend the debt-ceiling limit. He is...

Opinion – Tuesday 5 October 2021

U.S. Equity Markets reversed most of Friday’s gains as Interest Rate fears took centre stage again, finishing the day lower, led by the NASDAQ 100 which closed lower by 2.16%. Markets fell as Interest Rates picked up again. Remember, this is the theme the bears are...

Opinion – Monday 4 October 2021

U.S. Equity Markets surged on Friday, reversing earlier losses to close higher, led by the Dow’s 1.43% gain. Markets opened strong and remained higher throughout the day. The big news of the day was Merck’s COVID-19 treatment, which comes in pill form. This...

Opinion – Friday 1 October 2021

U.S. Equity Markets fell as Jobless Claims picked up again, finishing yesterday’s session lower, led by the Dow’s fall of 1.59%. Markets opened higher before declining throughout the day. Jobless Claims rose again, coming in above estimates. This marks the third...

Opinion – Thursday 30 September 2021

U.S. Equity Markets tried to rebound from the losses earlier in the week, ending yesterday’s session mixed, as the Dow closed higher by 0.26% while the NASDAQ 100 fell 0.12%. Markets attempted to bounce back from the two declines so far this week. Interest rates...

Opinion – Wednesday 29 September 2021

U.S. Equity Markets sold off sharply on interest rate fears, led by the NASDAQ 100 which ended yesterday’s session with a loss of 2.88%, resulting in the VIX surging, to close 24% higher at a price of 23.25. Interest rate fears were back, with the 10-year Treasury...

Opinion – Tuesday 28 September 2021

U.S. Equity Markets were choppy to start the week, finishing yesterday’s trading session mixed, as the Dow closed higher by 0.21% while the NASDAQ 100 fell 0.81%. Markets declined to start the week. Congress is a big driver for markets this week, with planned votes on...

Opinion – Monday 27 September 2021

U.S. Equity Markets bounced around to end the week, closing mixed after a quiet trading session, as the S&P closed higher by 0.15% while the NASDAQ Composite fell 0.02%.  Markets were little changed throughout much of the day. Investors had a few headlines to...

Opinion – Friday 24 September 2021

U.S. Equity Markets continued to rebound, finishing yesterday’s session higher, led by the Dow closing with a gain of 1.48%, on a day the VIX closed 11% lower at a price of 18.59. Markets opened sharply higher after Wednesday’s Federal Reserve announcement. Remember,...

Opinion – Thursday 23 September 2021

U.S. Equity Markets surged on the day of the Fed’s policy announcement, finishing the day higher, led by the Dow which closed with a gain of 1%. This move higher saw the VIX close 14% lower at a price of 20.87. Markets opened sharply higher before the Federal...

Opinion – Wednesday 22 September 2021

U.S. Equity Markets tried to rebound from Monday’s sharp sell-off but sold off towards the end of the day, ending yesterday’s session mixed, as the Dow closed 0.15% lower, while the NASDAQ 100 closed with a small 0.10% gain. Markets opened sharply higher before...