Opinion – Thursday 18 August 2022

U.S. Equity Markets finished yesterday’s session lower, led by the 1.21% fall in the NASDAQ 100. Surprisingly, the VIX only closed with a gain of 1% at a price of 19.90. Markets fell as July headline Retail Sales remain largely stagnant. Target (TGT) continued the...

Opinion – Wednesday 17 August 2022

U.S. Equity Markets finished yesterday’s volatile trading session mixed as the NASDAQ 100 closed lower by 0.23%, while the Dow ended the day with again of 0.71%. Markets were spooked by Housing Starts recording their lowest reading in 17 months. Building Permits were...

Opinion – Tuesday 16 August 2022

U.S. Equity markets finished the day higher despite slower Economic growth, led by the 0.75% rally in the NASDAQ 100. Markets rose Monday as signs of an economic slowdown continue to emerge. The August Empire State Manufacturing Survey fell 42 points month over month...

Opinion – Monday 15 August 2022

U.S. Equity Markets closed higher for the fourth consecutive week, led by the 2.02% gain in the NASDAQ 100. The VIX got crushed again on Friday, closing at a four-month low at a price of 19.53. Markets closed higher on Friday as near-term inflation expectations pulled...

Opinion – Friday 5 August 2022

U.S. Equity Markets finished yesterday’s session mixed, following a quiet trading session in which the Dow fell 0.26% while the NASDAQ 100 closed with a 0.44% gain. Markets were mostly lower Thursday, as markets stagnated following Wednesday’s big rally. Weekly...

Opinion – Thursday 4 August 2022

U.S. Equity Markets finished yesterday’s session higher led by the 2.73% surge in the NASDAQ 100. This move higher saw the VIX reverse most of this week’s gains with a loss of 8.27%. Markets were higher as the Institute for Supply Management’s July Services...

Opinion – Wednesday 3 August 2022

Following a volatile trading session U.S. Equity Markets finished the day lower led by the 1.23% fall in the Dow, resulting in the VIX closing higher by a further 5% at a price of 23.93. Markets were lower Tuesday as numerous Federal Reserve officials quell notions of...

Opinion – Tuesday 2 August 2022

U.S. Equity Markets had a strong finish to July before giving back a small portion of those gains in yesterday’s session which although quiet, had plenty of two-way price action. Markets rose Friday as tech earnings fuelled a strong end to the week. Amazon (AMZN) and...

Opinion – Friday 29 July 2022

U.S. Equity Markets surged for the second consecutive trading session, led by the 1.21% gain in the S&P, helping the VIX to close lower by a further 4% at a price of 22.23. Markets rose Thursday as the Bureau of Economic Analysis (“BEA”) confirmed a...

Opinion – Thursday 28 July 2022

U.S. Equity Markets surged yesterday following the 0.75% rate hike by the Fed on what could well turn out to be last hike for many months. This move higher saw the VIX close lower by 6% as the NASDAQ 100 led the rally with a gain of 4.26%. Markets rose as...

Opinion – Wednesday 27 July 2022

U.S. Equity Markets finished yesterday’s session lower, led by the 1.96% fall in the NASDAQ 100. This move lower saw the VIX close 5.7% higher. Markets fell Tuesday as Consumer Confidence in July dipped to its lowest level in 17 months. June New-Home sales slowed even...

Opinion – Tuesday 26 July 2022

Following a quiet trading session, a late rally saw U.S. Equity Markets close higher led by the 0.28% gain in the Dow. Markets rose as investors anticipate major earnings and economic news later this week. Wall Street is growing more certain that the Fed will raise...

Opinion – Monday 25 July 2022

U.S. Equity Markets reversed earlier gains to close Friday lower, led by the 1.77% fall in the NASDAQ 100. Markets focused on economic S&P Global’s Preliminary U.S. Composite Purchasing Managers’ Index (“PMI”) data for July. The reading...

Opinion – Friday 22 July 2022

U.S. Equity Markets finished yesterday’s session strongly, led by the 1.44% gain in the NASDAQ 100. Markets focused on economic data for clues on the Federal Reserve’s future path of rate hikes. The U.S. Department of Labour’s Jobless Claims data for the week of...