Opinion – Wednesday 13 March 2024

U.S. Equity Markets ultimately closed primarily in the green Tuesday, with lows seen after the open on the hot CPI Report was released. Equity weakness swiftly pared however with gains being seen throughout the session, led by the NASDAQ with Tech/Semi-Conductors...

Opinion – Tuesday 12 March 2024

U.S. Equity Markets were predominantly lower on Monday with the Russell 2000 lagging its US peers but the NASDAQ also saw notable weakness amid a slide in semiconductors, although gains in Apple (AAPL) helped limit losses, but Trump’s dig at Meta (META) saw the...

Opinion – Monday 11 March 2024

U.S. Equity Markets saw plenty of two-way price action on Friday with an initial rally post-NFP which ultimately was a “dovish” report, where although the headline beat, it was offset by downward revisions, soft wages and rising unemployment. The release...

Opinion – Thursday 7 March 2024

U.S. Equity Markets closed positive on Wednesday but finished well off their intra-day highs with some chunky selling seen in the New York afternoon. Fed Chair Powell gave familiar rhetoric in Congress, expressing caution on cutting rates too early, whilst also saying...

Opinion – Wednesday 6 March 2024

U.S. Equity Markets saw sizeable losses on Tuesday with the losses in Big Tech extending, seeing Nasdaq underperform. The malaise was heightened with Apple (AAPL) weighed on by reports of poor China iPhone metrics, Tesla (TSLA) extending losses amid a fire and...

Opinion – Tuesday 5 March 2023

U.S. Equity Markets were choppy on Monday and ultimately lower in a very quiet session as far as macro news flow is concerned. Nonetheless, price action was the story with Gold (> 2,100/oz) and Bitcoin (> 67k) both surging to new recent peaks as momentum/euphoria...