Opinion – Monday 6 January 2025

U.S. Indices saw strong gains on Friday with outperformance in the tech-heavy Nasdaq 100 (+1.7%) supported by gains in Nvidia (NVDA) (+4.5%) and Tesla (TSLA) (+8.3%). Newsflow was sparse to the end the week as participants continued to return from the holidays ahead...

Opinion – Thursday 2 January 2025

U.S. Indices (SPX, NDX, RUT, SPX) closed in the red on Tuesday which was the last trading session of 2024. However, internally the market was strong as shown by the McClellan Oscillator which improved from Monday’s -122 print to end the year at -62. This is the first...

Opinion – Thursday 30 September 2024

U.S. Indices (SPX, NDX, RUT, SPX) closed in the red on Friday following comments from Treasury Secretary Yellen. Treasury Secretary Janet Yellen has warned that the United States will hit its statutory debt ceiling around the middle of January, a development she said...

Opinion – Monday 23 December 2024

U.S. Indices (SPX, NDX, RUT, SPX) closed in the green on Friday but still ended the week notably in the red, as they were especially weighed on in wake of the hawkish FOMC on Wednesday. To conclude the week there was broad risk-on sentiment through the US afternoon,...

Opinion – Thursday 19 December 2024

U.S. Indices saw considerable downside (SPX -2.95%, NDX -3.6%, DJIA -2.58%, RUT -4.4%) as did Treasuries, while the Dollar surged in the wake of a hawkish FOMC. Highlighting the extent of the moves, the S&P 500 noticed its largest post-Fed move since March 2020....

Opinion – Wednesday 18 December 2024

It was a risk-off session on Tuesday with underperformance in the Russell 2000 and Dow versus the S&P and NASDAQ 100. Sectors were predominantly lower, led by losses in Industrials, Energy and Financials while Consumer Discretionary, Consumer Staples and...