Opinion – Friday 30 July 2021

U.S. Equity Markets remained steady, finishing the day higher led by the Dow with a gain of 0.44%. Jobless Claims surprised to the upside, with another 400,000 individuals having filed for initial jobless claims in the week ending July 24, according to the U.S....

Opinion – Thursday 29 July 2021

U.S. Equity Markets bounced around as investors digested the latest Federal Reserve policy decision ending yesterday’s session mixed with the NASDAQ 100 closing higher by 0.41% while the Dow finished lower by 0.37%.  The Fed was the big story of the day. The central...

Opinion – Wednesday 28 July 2021

U.S. Equity Markets sold off yesterday, breaking their five-day winning streak, led by the NASDAQ which closed lower by 1.21%. Yesterday’s sell-off saw the VIX spike, closing higher by 10% at a price of 19.36. Markets opened lower and sold off throughout the day....

Opinion – Tuesday 27 July 2021

U.S. Equity Markets bounced around to start the week before rallying to end yesterday’s session at new highs, led by the Dow which closed with a gain of 0.24%. Markets opened lower before recovering throughout the day. Infrastructure made some headlines. House Speaker...

Opinion – Monday 26 July 2021

U.S. Equity Markets ended the week at new all-time highs, led by the NASDAQ 100 which ended Friday’s session with a gain of 1.15%. On infrastructure, Senate Republicans struck an increasingly optimistic tone on negotiations, implying the chances of reaching a deal...

Opinion – Friday 23 July 2021

U.S. Equity Markets traded sideways for most of the session before a late rally saw the Indexes close higher. The NASDAQ 100 led the move, closing with a gain of 0.66%. Jobless claims were the big story of the day, rising unexpectedly and coming in above estimates....

Opinion – Thursday 22 July 2021

U.S. Equity Markets rose as the bulls took back the reins, ending yesterday’s session higher, led again by the Dow closing higher by 0.83%. The McClellan Oscillator improved off Monday’s extreme -300 print, closing at -56 last night. Earnings remained a tailwind for...

Opinion – Wednesday 21 July 2021

U.S. Equity Markets rebounded from Monday’s sell-off, finishing the day higher, led by the Dow which ended yesterday’s session with a gain of 1.62%, as yet again the McClellan Oscillator proved what a valuable technical signal it is. Markets bounced back strongly, as...

Opinion – Tuesday 20 July 2021

U.S. Equity Markets fell on COVID-19 Delta variant fears, led by the Dow which ended yesterday’s session with a loss of 2.09%, leading to a VIX which rose over 22%.  Surgeon General Vivek Murthy warned that many cities are likely to reimpose mask mandates, as daily...

Opinion – Monday 19 July 2021

U.S. Equity Markets declined on rising inflation fears and lower consumer sentiment, ending Friday’s session lower, led by the Dow which closed with a loss of 0.86%. Consumer Sentiment fell drastically in early July, with one-year inflation expectations hitting a...

Opinion – Friday 16 July 2021

U.S. Equity Markets eased off Wednesday’s highs, led by the NASDAQ 100 which closed lower by 0.71%, while the Dow closed higher by 0.15% on what turned out to be a volatile trading session near all-time highs.  Federal Reserve Chairman Jerome Powell continued his...

Opinion – Thursday 15 July 2021

U.S. Equity Markets rose to new highs as Fed Chair Jerome Powell assured that the central bank would not pull support from the economy, before selling off into the close, led by the NASDAQ Composite which ended yesterday’s session with a loss of 0.22%. Investors had...

Opinion – Wednesday 14 July 2021

U.S. Equity Markets largely shrugged off inflation fears before declining into the close, led by the S&P which closed with a small loss of 0.35%. This small decline in stocks saw the VIX close 5.88% higher at 17.12. Inflation data were the big catalyst yesterday....

Opinion – Tuesday 13 July 2021

U.S. Equity Markets rose ahead of the start of earnings season, with both the S&P and NASDAQ 100 again closing at new all-time highs. The Dow led yesterday’s rally, closing higher by 0.38%. Markets opened lower before rebounding throughout the day. Federal...