Opinion – Wednesday 27 January 2021

U.S. Equity Markets bounced around once again in a quiet trading before closing lower. Optimism from President Joe Biden drove the gains in the early morning. Biden said he believes the U.S. will be able to administer 150 million coronavirus inoculations over the next...

Opinion – Tuesday 26 January 2021

U.S. Equity Markets bounced around on what turned out to one of the most volatile trading sessions for the year-to-date, finishing the day mixed, as the Dow closed 0.12% lower while the NASDAQ after a huge intra-day reversal, closed higher by 0.87%. Vaccine news was...

Opinion – Monday 25 January 2021

U.S. Equity Markets fell to start the day, before rallying throughout Friday, finishing the day mixed, as the Dow closed lower while the Russell 2000 closed with a gain of 1.28%. Comments from National Institute of Allergy and Infectious Diseases Director Dr. Anthony...

Opinion – Friday 22 January 2021

U.S. Equity Markets traded sideways as investors digested economic data, finishing the day mixed in what turned out to a quiet trading session. The NASDAQ 100 again closed higher, while the S&P and Dow finished flat. Economic data was the main driver. Jobless...

Opinion – Thursday 21 January 2021

U.S. Equity Markets rose again on Inauguration Day, with both the NASDAQ 100 and S&P closing at new all-time highs. The NASDAQ led the market higher closing with a gain of 2.31%. Vaccine optimism was a big driver today. Moderna said that it is on track to deliver...

Opinion – Wednesday 20 January 2021

U.S. Equity Markets started the week in positive territory, led by the NADDAQ 100 which closed with a gain of 1.50%. Vaccination progress sparked optimism after National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci said President-elect Joe...

Opinion – Tuesday 19 January 2021

Markets were mildly risk-off on Monday as investors weighed strong economic data from China, U.S. President-elect Joe Biden’s stimulus plans and surging Coronavirus trends. Carrefour SA tumbled 6.9% after Canada’s Alimentation Couche-Tard Inc. abandoned talks on a $20...

Opinion – Monday 18 January 2021

U.S. Equity Markets finished last week in the red, led by the NASDAQ 100 which closed lower by 0.75%. President-elect Joe Biden introduced the first part of his economic stimulus plan on Thursday night. The price tagged was $1.9 trillion, and it checked all of the...

Opinion – Friday 15 January 2021

U.S. Equity Markets closed mixed yesterday with the S&P leading the main Indices lower with a loss of 0.38% while the small cap Russell 200 closed 2.05% higher. President-elect Joe Biden rolled out the first part of his Economic Stimulus Plan after the close with...

Opinion – Thursday 14 January 2021

U.S. Equity Markets finished the day mixed, despite President Trump being impeached for ‘’inciting’’ last week’s Capitol riot in an historic second charge. Both the S&P and NASDAQ 100 closed higher while the Dow was flat after a quiet trading session. Optimism...

Opinion – Wednesday 13 January 2021

U.S. Equity Markets recovered earlier losses to close higher in what turned out to be a volatile trading session. The Russell 2000 led the market higher with a gain of 1.77%. Positive Federal Reserve commentary buoyed markets in the morning. Federal Reserve Bank of...

Opinion – Tuesday 12 January 2021

U.S. Equity Markets started the new week in the red, led by the NASDAQ 100 which closed lower by 1.55%. Markets sold off at the open and remained lower for the rest of the day. There were no clear catalysts for yesterday’s sell-off, though some profit-taking was...

Opinion – Monday 11 January 2021

U.S. Equity Markets were mixed for most of Friday as investors digested stimulus headlines and economic data, before a late rally saw the Indices close at new all-time highs, led by the NASDAQ 100 which ended the week with a gain of 1.28%. Job market data was an area...

Opinion – Friday 8 January 2021

U.S. Equity Markets rose to new highs on more strong economic data, led by the NASDAQ 100 which reversed Wednesday’s decline, closing higher by 2.51%. Economic data was the big driver yesterday as Jobless Claims posted their fourth straight week of declines. ISM...