Opinion – Monday 29 March 2021

U.S. Equity Markets continued Thursday’s reversal ending the week higher, led by the S&P which closed Friday with a gain of 1.66%. Economic data eased inflation fears. Core personal consumption expenditures (“PCE) came in at 1.4%, below the 1.5%...

Opinion – Friday 26 March 2021

U.S. Equity Markets reversed early afternoon losses before ripping higher into the close, led by the Dow which ended the day with a gain of 0.62%, having rallied over 550 points of its 32070 low print. Markets fell in the morning before recovering throughout the rest...

Opinion – Thursday 25 March 2021

U.S. Equity Markets rebounded from Tuesday’s sell-off before falling into the close led by the NASDAQ which ended yesterday’s session with a loss of 2%. Federal Reserve Governor Lael Brainard said the central bank will employ a patient approach to Interest Rate hikes...

Opinion – Wednesday 24 March 2021

U.S. Equity Markets traded sideways to higher for most of yesterday’s trading session before selling off into the close, led by the Dow which closed with a loss of 0.94%, while the Small Cap Russell 2000 fell a hefty 3.58%. Equity Markets did not have much direction...

Opinion – Tuesday 23 March 2021

U.S. Equity Markets reversed Friday’s late sell-off to close higher, led by the NASDAQ 100 which finished yesterday’s trading session with a gain of 1.71%. Vaccine news boosted markets. COVID-19 vaccine manufacturers are expected to produce roughly 132 million...

Opinion – Monday 22 March 2021

U.S. Equity Markets fell in the early trading on Friday before rallying throughout the day, finishing the day mixed with the Dow closing lower by 0.71% while the NASDAQ 100 finished the session with a gain of 0.61%. Shortly before the Cash Indices opened the Federal...

Opinion – Friday 19 March 2021

U.S. Equity Markets fell as bond yields were back in focus, finishing the day lower, led by the NASDAQ 100 which closed with a loss of 3.13%. Rising bond yields drove the selling. The 10-year Treasury yield rose above 1.7%, hitting the highest level in more than a...

Opinion – Thursday 18 March 2021

U.S. Equity Markets spiked on yesterday’s Federal Reserve announcement, finishing the day higher, led by the Dow which closed with a gain of 0.58%. The Federal Reserve was the big story of the day. Up until the afternoon announcement, markets drifted lower. But...

Opinion – Tuesday 16 March 2021

U.S. Equity Markets closed higher for the seventh consecutive trading session as both the Dow and S&P closed at new all-time highs. Markets rose to new all-time highs on a relatively quiet day. On Sunday, Treasury Secretary Janet Yellen said that inflation from...

Opinion – Monday 15 March 2021

U.S. Equity Markets bounced around to end the week, finishing the day mixed, as the NASDAQ 100 closed lower by 0.89% while the Dow closed at a new all-time high with a gain of 0.90%. Bond Yields returned as the main story. Treasury yields picked up once again,...

Opinion – Friday 12 March 2021

The Dow Jones Industrial Average, S&P 500 Index, and the Russell 2000 Index all made new intra-day highs before having a small sell-off into the close. Economic data was again the driver of this latest move higher. Jobs data continued their recent strength, with...

Opinion – Thursday 11 March 2021

Tame inflation data boosted U.S. Equity Markets, ending the day higher after a choppy session. The Dow was again the big winner, closing higher by 1.46%, helped by Boeing’s 6% gain. U.S. consumer price index (“CPI”) rose 0.4% on a month-over-month basis,...

Opinion – Wednesday 10 March 2021

U.S. Equity Markets surged yesterday, led by the NASDAQ 100 which closed with a gain of 4.03% while the Dow closed flat. Stimulus news was another tailwind for markets. The House of Representatives received the stimulus package back from the Senate, and was reportedly...

Opinion – Tuesday 9 March 2021

U.S. Equity Markets gained on stimulus optimism, but tech was left behind, as the NASDAQ 100 closed lower by 2.92%, while the Dow closed with a gain of 0.97%. Stimulus news boosted markets. Over the weekend, the Senate approved the $1.9 trillion coronavirus aid bill,...