Opinion – Monday 12 July 2021

U.S. Equity Markets ended the week on a high note, completely reversing Thursday’s aggressive sell-off, as both the S&P and NASDAQ 100 closed at another new all-time high. The Dow led Friday’s rally, ending the session with a gain of 1.30%. Rising Bond Yields...

Opinion – Friday 9 July 2021

U.S. Equity Markets declined as Japan went back into a State of Emergency, ending the day lower, led again by the S&P which closed with a loss of 0.86%. This move lower saw the VIX surge 17%. Investors continued to rotate into the safety of bonds, pushing yields...

Opinion – Thursday 8 July 2021

U.S. Equity Markets reversed earlier losses to close higher, led by the S&P which closed at yet another new all-time high with a gain of 0.34%. Growth optimism led the way in the early morning, after reports that the St. Louis Fed’s second-quarter Gross...

Opinion – Wednesday 7 July 2021

U.S. Equity Markets had a volatile start to the new week, with the Dow leading the decline to close 0.60% lower, 200 points off its intra-day low, while the divergence increased as the NASDAQ 100 closed higher by 0.40%. Markets declined on little news. San Francisco...

Opinion – Tuesday 6 July 2021

U.S. Equity Futures Markets have fluctuated between gains and losses after Crude Oil trades to a new cycle high following the postponement of the OPEC Meeting yesterday. OPEC production levels will remain the same, pushing the price of Crude higher by 1.86% to $76.60...

Opinion – Monday 5 July 2021

U.S. Equity Markets rose on more strong jobs data, led by the NASDAQ 100 which ended Friday’s session with a gain of 1.15%. Non-Farm Payroll data showed that 850,000 jobs were added in June. That was higher than the Wall Street estimate and accelerated from...

Opinion – Friday 2 July 2021

U.S. Equity Markets rose on strong jobs data ending the day higher, led by the S&P which ended yesterday’s session at a new all-time high with a gain of 0.52%. Jobless Claims fell again and beat expectations after two straight weeks of increases. Jobless Claims...

Opinion – Thursday 1 July 2021

U.S. Equity Markets moved slightly higher as investors digested economic data, following a volatile trading session where the Dow led the move higher, after rallying 400 points off its morning low, to end the session with a gain of 0.61%. Markets digested economic...

Opinion – Wednesday 30 June 2021

U.S. Equity Markets traded in a narrow range yesterday with no real direction as both the S&P and NASDAQ again closed at new all-time highs. The NDX led the rally with a gain of 0.33%. Markets opened higher before selling off throughout the day. U.S. Consumer...

Opinion – Tuesday 29 June 2021

The widening divergence between the Dow and NASDAQ continued in yesterday’s session as the Indexes closed mixed, with the NASDAQ 100 closing higher by 1.25% while the Dow ended the day with a loss of 0.44%. On infrastructure, President Joe Biden said he supports the...

Opinion – Monday 28 June 2021

U.S. Equity Markets ended the week on a high note, on heavy volume, due to the annual rebalancing of the Russell Indexes, with the Dow leading the gains, closing higher by 0.69%. Markets opened higher on follow through from Thursday’s infrastructure announcement,...

Opinion – Friday 25 June 2021

U.S. Equity Markets rose on optimism about an infrastructure package with both the S&P and NASDAQ 100 closing at new all-time highs, while the VIX closed lower by 2% at 15.97. Equity Markets gained after two mixed days. Jobless Claims were the big story of the...

Opinion – Thursday 24 June 2021

U.S. Equity Markets bounced around in a narrow range as investors digest economic data, ending the day mixed with the Dow closing lower by 0.22% while the NASDAQ 100 closed with a tiny gain of 0.03%. Markets are still digesting Tuesday’s Testimony from Federal Reserve...

Opinion – Wednesday 23 June 2021

U.S. Equity Markets traded sideways for most of yesterday’s session as investors digested more Federal Reserve speakers, before rallying in the last hour, led by the NASDAQ 100 making new highs with a gain of 0.94%. The Federal Reserve was in focus once again. In the...