Opinion – Friday 28 May 2021

U.S. Equity Markets bounced on strong jobs data, finishing the day higher led by the Dow which closed higher by 0.41% while the NASDAQ 100 closed lower by 0.33%. Strong jobs data served as a tailwind for markets. Jobless Claims hit a new post-pandemic low for the...

Opinion – Thursday 27 May 2021

U.S. Equity Markets resumed their march higher, finishing the day higher led by the NASDAQ which closed with a gain of 0.59% while the Small Cap Russell 2000 surged 2%. Once again, the Federal Reserve drew headlines. Federal Reserve Vice Chairman Richard Clarida...

Opinion – Wednesday 26 May 2021

U.S. Equity Markets took a breather after Monday’s gains closing lower, led by the Dow which closed with a small loss of 0.24%. Markets were largely flat as investors digested inflation news and economic data. On the inflation front, Federal Reserve regional bank...

Opinion – Tuesday 25 May 2021

U.S. Equity Markets jumped to start the week, ending yesterday’s session higher, led again by the NASDAQ 100 which closed with a gain of 1.72%. This move higher saw the VIX fall 9%, closing at a price of 18.40. A drop off in inflation fears kickstarted a rally in tech...

Opinion – Monday 24 May 2021

U.S. Equity Markets reversed earlier gains, closing mixed as the NASDAQ 100 led the declines with a fall of 0.61%. Economic data were mixed. Manufacturing PMI hit a record high this month, boosted by optimism among manufacturers. Along with a strong reading in...

Opinion – Friday 21 May 2021

U.S. Equity Markets broke their losing streak, finishing the day higher, led by the NASDAQ 100 which closed higher by 1.94%, helping the VIX to fall 7%. Equity Markets moved higher following positive jobless data. Another 444,000 people filed Initial Jobless Claims in...

Opinion – Thursday 20 May 2021

U.S. Equity Markets continued this week’s sell-off, finishing the day lower after an incredibly volatile trading session which saw the VIX trading 18% higher before closing with a 4% gain at 22.18. The Dow led the decline closing lower by 0.48%. Markets fell in...

Opinion – Wednesday 19 May 2021

U.S. Equity Markets bounced around for most of yesterday before selling off into the close, finishing the day lower led by the S&P which finished the session with a loss of 0.85%. The VIX which had been lower for most of the session, closed 8% higher. Federal...

Opinion – Tuesday 18 May 2021

U.S. Equity Markets fell to start the week, finishing the day lower, led by the NASDAQ which finished yesterday’s session with a loss of 0.60%. This move lower saw the VIX close 5% higher. Inflation was in focus once again. Atlanta Federal Reserve President Raphael...

Opinion – Monday 17 May 2021

U.S. Equity Markets rose to end the week, led by the NASDAQ which closed higher by 2.32%. This move higher helped the VIX to close lower by 19% at 18.81. Retail sales for April were unchanged on a month-over-month basis compared to the anticipated 1% gain, weakening...

Opinion – Friday 14 May 2021

After two consecutive ‘’down days’’ U.S. equity markets rose yesterday as investors digested jobs and inflation data, with the Dow leading the recovery, closing higher by 1.29%. Weekly Jobless Claims hit another new post-pandemic low. That marked the second straight...

Opinion – Thursday 13 May 2021

U.S. Equity Markets sold off sharply again on inflation fears, finishing the day lower, led by  the NASDAQ which finished yesterday’s session with a loss 2.62%. Inflation was the main story once again. U.S. consumer price index (“CPI”) came in well above...

Opinion – Wednesday 12 May 2021

U.S. Equity Markets sold off as inflation fears ran rampant again, led by the Dow which closed lower by 1.36%. After the big jump in China’s PPI, there could be concerns that we could see similar spikes in inflation here in the U.S. Federal Reserve speakers...

Opinion – Tuesday 11 May 2021

U.S. Equity Markets sold off sharply yesterday afternoon, finishing the day lower, led by the NASDAQ which ended the session with a loss of 2.63%. This move lower saw the VIX surge, closing higher by 17.80% at 19.66. Markets were mixed for most of the day ahead of...