Opinion – Tuesday 21 September 2021

U.S. Equity Markets plummeted to start the week, led by the NASDAQ 100 which closed lower by 2.10% on day that saw the VIX rise 24%, closing at a price of 25.71. Markets trended lower as investors await tomorrow’s Federal Open Market Committee meeting – where the...

Opinion – Monday 20 September 2021

U.S. Equity Markets tumbled to end the week, led by the NASDAQ 100 which closed lower by 1.18% after a volatile trading session. Markets opened lower and fell throughout the day. The downward pressure continued on stocks, with only a few catalysts on Friday. Consumer...

Opinion – Thursday 9 September 2021

U.S. Equity Markets traded in a narrow range yesterday before closing the session lower, led by the NASDAQ which fell 0.35%. Markets fell on another quiet day. St. Louis Federal Reserve President James Bullard made headlines with his interview with the Financial...

Opinion – Wednesday 8 September 2021

U.S. Equity Markets pulled back on a relatively quiet day, to closed mixed as the Dow led the decline with a loss of 0.76% while the NASDAQ 100 closed at a new record high with a gain of 0.15%. Markets chopped around on little news. There was still concern over last...

Opinion – Tuesday 7 September 2021

U.S. Equity Markets were closed yesterday for the Labour Day Holiday. However, the Futures Markets were open with the S&P September Contract rallying for most of the past 24 hours. In a recent report, the Financial Times said Goldman Sachs and Morgan Stanley were...

Opinion – Monday 6 September 2021

U.S. Equity Markets were volatile on Friday, ending the week mixed, with the Dow closing lower by 0.21% while the NASDAQ 100 closed at a new all-time high with a gain of 0.31%. The Bureau of Labour Statistics reported Non-Farm Payroll data for August showed 235,000...

Opinion – Friday 3 September 2021

U.S. Equity Markets closed higher yesterday, led by the Dow’s late rally to close with a gain of 0.37%. The Labour Department reported that Weekly Jobless Claims dropped to their lowest level since the onset of COVID-19. Another 340,000 individuals filed for initial...

Opinion – Thursday 2 September 2021

U.S. Equity Markets were somewhat mixed on Wednesday, finishing the day largely higher, despite selling off into the close. While the NASDAQ 100 closed 0.19% higher, the Dow again finished with a small loss (-0.14%). Payroll processor ADP’s monthly employment...

Opinion – Wednesday 1 September 2021

U.S. Equity Markets bounced around again, with plenty of two-way trading, before ending yesterday with small losses, led by the S&P which closed 0.14% lower.  Markets continued their choppy trade. Federal Reserve Bank of Cleveland President Loretta Mester said...

Opinion – Tuesday 31 August 2021

U.S. Equity Markets bounced around to start the week, finishing the day mixed, in a session where the Dow closed lower by 0.16%, while the NASDAQ 100 surged to new all-time highs with a gain of 1.12%. Markets rose to new all-time highs on a relatively quiet day. The...

Opinion – Monday 30 August 2021

U.S. Equity Markets finished the week at all-time highs, led by the Small Cap Russell 2000 which closed with an impressive gain of 2.85%, while the  NASDAQ 100 closed 1.01% higher. Fed Chairman Jerome Powell and inflation data were the big stories of the day. Core...

Opinion – Friday 27 August 2021

U.S. Equity Markets fell yesterday after hitting new highs on Wednesday, led by the Russell 2000 which closed with a loss of 1.13%. The small sell-off in U.S. Indexes saw the VIX surge over 12%. Jobs data and Federal Reserve commentary were the big stories of the day....

Opinion – Thursday 26 August 2021

U.S. Equity Markets moved higher on another quiet day, as both the S&P and NASDAQ 100 made further new highs for the year, while the Russell 2000 again led yesterday’s gains, closing higher by 0.37%. It was a relatively quiet day for markets. Markets opened...

Opinion – Wednesday 25 August 2021

U.S. Equity Markets continued their winning streak, finishing yesterday’s session higher, led by the Russell 2000 which closed with a 1.02% gain. Markets continued to rise after the U.S. Food and Drug Administration’s decision to fully approve Pfizer and...