Opinion – Tuesday 16 February 2021

U.S Equity Futures rallied to new all-time highs despite yesterday’s Presidents’ Day Holiday. The S&P is currently trading at 3952. U.K. Prime Minister Boris Johnson is drawing up plans for gradually lifting pandemic restrictions on socialising, shopping and...

Opinion – Monday 15 February 2021

U.S. Equity Markets traded sideways for most of Friday’s session before a late surge saw both the S&P and NASDAQ 100 close at new all-time highs as both Indexes gained 0.5%. Vaccine optimism boosted markets throughout Friday. President Joe Biden said the...

Opinion – Friday 12 February 2021

U.S. Equity Markets continued their choppy week, finishing the day higher after yet another reversal from a quick sell-off, led by the NASDAQ 100 which closed higher by 0.58%. Markets were mixed as investors digested Jobless Claims data. Jobless Claims fell from last...

Opinion – Thursday 11 February 2021

U.S. Equity Markets recovered from an early sell-off to closed mixed with the S&P ending the day with a small loss of 0.03% while the Dow closed 0.20% higher. Early in the day, markets rose on COVID-19 treatment news. Pharmaceutical giant Eli Lilly’s...

Opinion – Wednesday 10 February 2021

U.S. Equity Markets took a breather yesterday after hitting all-time highs, closing the day mixed as the S&P closed 0.11% lower while the Small Cap Russell 2000 closed at yet another all-time high with a gain of 0.43%. There were few drivers in yesterday’s...

Opinion – Tuesday 9 February 2021

U.S. Equity Markets continued their recent uptrend, closing the day higher after a sixth consecutive gain. The Russell 2000 led the market higher, finishing Monday with a gain of 2.53%. Stimulus was a big driver. Treasury Secretary Janet Yellen said the increased...

Opinion – Monday 8 February 2021

U.S. Equity Markets rose to end the week, after a fifth consecutive gain. The S&P had its best week since early November, with a rise of 5%. Employment data was the big driver today. The U.S. economy added 47,000 jobs in January, resuming a positive trend after a...

Opinion – Friday 5 February 2021

U.S. Equity Markets rose on strong jobs data, finishing the day higher for the fourth consecutive trading session, led by the NASDAQ 100 which closed higher by 1.18%. Jobless Claims declined for the third straight week and came in below estimates. That marked the...

Opinion – Thursday 4 February 2021

U.S. Equity Markets closed slightly higher after a volatile and mixed trading session where the NASDAQ closed lower by 0.40% while the Dow finished with a small gain of 0.12%. Stimulus remained in the news as Senate Majority Leader Charles Schumer set the wheels in...

Opinion – Wednesday 3 February 2021

U.S. Equity Markets continued their positive start to February, finishing the day higher, led by the Dow which closed higher by 1.57%. This rally saw the VIX fall a huge 15%, closing at 25.56. Stimulus remained in the headlines after Republican senators were said to...

Opinion – Tuesday 2 February 2021

U.S. Equity Markets surged to start the week, finishing the day higher, led by the NASDAQ 100 which ended the day with a gain of 2.50%. This huge rally saw the VIX close lower by 8.81%. Stimulus made more headlines. A group of 10 Senate Republicans said they would...

Opinion – Monday 1 February 2021

U.S. Equity Markets sold off sharply to end the week, with the main Indices closing lower by 2% on what turned out to be a wild trading session. The VIX closed 10% higher. Vaccine news was a key driver. Johnson & Johnson released its Phase III vaccine data,...

Opinion – Friday 29 January 2021

U.S. Equity Markets rebounded from Wednesday’s large sell-off on strong economic data, finishing the day higher, led by Dow which closed positive by 1%. Initial Jobless Claims filed in the week ending January 23 accounted for 847,000 people, according to the...

Opinion – Thursday 28 January 2021

U.S. Equity Markets sold off sharply, finishing the lower after posting their biggest loss since October, led by the NASDAQ 100 which closed 2.80% in the red. Markets sold off sharply at the open and remained at their low levels for the remainder of the day. The...