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...