Opinion – Tuesday 7 February 2023

U.S. Equity Markets closed lower led by the 1.40% fall in the Small Cap Russell 2000. This move lower saw the VIX close higher by 6% while the McClellan Oscillator also closed lower with a -21  print last night. Political tensions with China rose to start the week...

Opinion – Monday 6 February 2023

U.S. Markets closed lower on Friday, led by the 1.79% fall in the NASDAQ 100. The U.S. Bureau of Labour Statistics released January’s payroll data, which blew away expectations. Nonfarm payrolls added 517,000 and the Unemployment rate fell to a 53 year low at...

Opinion – Friday 3 February 2023

U.S. Equity Markets closed mixed despite the huge 3.56% rally in the NASDAQ 100 as the Dow closed lower by 0.11%. Even though the McClellan Oscillator closed higher at +202 last night, the VIX also rose, closing higher by 5% at a price of 18.73. Jobless Claims fell to...

Opinion – Tuesday 2 February 2023

U.S. Equity Markets closed higher across the board, led by 2% rally in the NASDAQ 100. This move higher saw the VIX get crushed falling 8%, to a new 12-month low at a price of 17.87. The Federal Reserve raised Interest Rates by 25 basis points to a target range of...

Opinion – Wednesday 1 February 2023

U.S. Equity Markets closed higher yesterday led by the 2.45% gain in the Russell 2000. This move higher saw the VIX close lower by 2.71% The Employment Cost Index for the fourth quarter showed cooler-than-expected wage growth, fuelling hopes that wage inflation has...

Opinion – Tuesday 31 January 2023

U.S. Equity Markets closed lower following a volatile trading session that saw the VIX surge nearly 8%. The NASDAQ 100 led the declines, closing lower by 2.09%. Monday’s economic landscape was rather sparse, but investors look forward to the week’s macro...