Opinion – Wednesday 18 May 2022

A weaker Dollar helped U.S. Equity Markets register strong gains across the board, led by the 2.62% rally in the NASDAQ 100. A major milestone in Shanghai helped boost the S&P 500. Local authorities noted that the city achieved three days of no new COVID-19...

Opinion – Tuesday 17 May 2022

U.S. Equity Markets ended Monday’s volatile trading session mixed as the Dow still closed slightly higher despite a 300-point sell-off into the close, while the NASDAQ 100 ended yesterday with a loss of 1.16%. At the same time the VIX followed on from last week,...

Opinion – Monday 16 May 2022

Friday saw buyers return as U.S. Equity Markets closed higher led by the 3.7% rise in the NASDAQ 100. This move higher saw the VIX close a further 9% lower at a price of 28.87. Last Thursday, U.S. Federal Reserve Chairman Jerome Powell said that getting inflation...

Opinion – Friday 13 May 2022

U.S. Equity Markets finished yesterday’s volatile session mixed after a late rally wiped most of the respective losses. Despite the Volatility, the VIX again closed lower by 2.43% signalling that Equity Markets are close to a tradeable bottom. The U.S. Bureau of...

Opinion – Thursday 12 May 2022

U.S. Equity Markets got slammed yesterday after yet another incredibly volatile trading session, led by the NASDAQ 100 which closed lower by 3.06%. It is strange that despite the aggressive two-way price movement, the VIX barely budged, closing down 1.3%. It is a long...

Opinion – Wednesday 11 May 2022

U.S. Equity Markets finished yesterday’s volatile trading session mixed as the Dow closed 0.26% lower while the NASDAQ 100 ended the day with a gain of 1.3%. Federal Reserve Bank of New York President John Williams said the central bank needs to raise interest rates...

Opinion – Tuesday 10 May 2022

U.S. Equity Markets got slammed across the board yesterday, led by the 4% losses in both the NASDAQ and Russell Index, as a late sell-off saw the VIX rise 15%, closing at a price of 34.75. Federal Reserve Bank of Minneapolis President Neel Kashkari told CNBC that...

Opinion – Monday 9 May 2022

U.S. Equity Markets finished the week lower, led by the 1.22% fall in the in NASDAQ 100. This is the first time since 2008 that the S&P has closed lower for five consecutive weeks. April’s job gains were greater than Wall Street’s projections. And...

Opinion – Friday 6 May 2022

U.S. Equity Markets reversed Wednesday’s gains in what turned about to be a savage move lower as the NASDAQ 100 made a new low for the year, ending the day with a loss of 5.06%. This move lower saw the VIX spike over 22%, closing at a price of 31.20. The U.S....

Opinion – Thursday 5 May 2022

As expected, U.S. Equity Markets surged yesterday following the 50-basis point hike by the Federal Reserve. The NASDAQ 100 led the gains closing higher by 3.41%, helping the VIX to crash 13%, closing at a price of 25.42. The Federal Open Market Committee...

Opinion – Wednesday 4 May 2022

U.S. Equity Markets built on Monday’s late reversal, finished the day higher, led by the 0.48% rally in the S&P. This move higher saw the VIX get slammed, closing 10% lower, below the key 30 level. Data published by the U.S. Bureau of Labour Statistics showed the...

Opinion – Tuesday 3 May 2022

U.S. Equity Markets staged a late come back to start the first trading session of May in positive territory, led by the 1.72% gain in the NASDAQ 100. Yesterday reversed some of the negativity from Friday when the NDX lost 4.17%, ensuring that Technology had its worst...

Opinion – Friday 29 April 2022

U.S. Equity Markets staged a strong rebound yesterday, led by the 3.48% gain in the NASDAQ, helping the VIX to close below 30 with a fall of 5%. U.S. gross domestic product (“GDP”) fell at a 1.4% annualised rate in the First Quarter, marking its first...

Opinion – Thursday 28 April 2022

Following another volatile trading session which saw plenty of two-way price action, U.S. Equity Markets finished yesterday’s session mixed, led by a 0.19% gain in the Dow. Despite weakening investor sentiment, key earnings reports have helped to even out some of the...