Blog Posts
Market Report Nov 17 2023
On Thursday’s trading, the S&P 500 Index and Nasdaq Composite witnessed a modest increase of 0.1%, once again, primarily driven by the performance of mega-cap stocks.
Market Report Nov 16 2023
The major indices secured modest advancements on Wednesday. This upward trend has been sustained since the release of recent CPI data.
Market Report Nov 15 2023
The major averages concluded with substantial gains and elevated trading volumes.
Market Report Nov 10 2023
In Thursday's trading session, market dynamics exhibited a familiar pattern, with the major averages fluctuating within limited boundaries as investors anticipated Fed Chair Powell's discussion at the IMF panel.
Market Report Nov 09 2023
Wednesday's trading session exhibited a subdued performance, with the market demonstrating a modest downward trend during the early hours, with no significant catalysts to influence direction.
Market Report Nov 08 2023
On Tuesday, mega-cap stocks demonstrated robust performance, mirroring the prior days market activity, and were pivotal in driving the major indices to conclude the trading session in positive territory.
Market Report Nov 03 2023
Thursday's trading session witnessed a robust continuation up across the stock market, bolstered by a confluence of declining interest rates, favourable earnings reports, and significant short covering.
The small-caps notably appreciated by 2.5%. Concurrently, the primary indices concluded the day's trading with substantial gains, varying between 1.7% and 1.9%.
Market Report Nov 02 2023
On Wednesday, major indices concluded closing at their peak levels, with the Dow Jones Industrial Average advancing by 220 points or 0.7%.
Market Report Nov 01 2023
In Tuesday's trading session, major indices demonstrated fluctuating performance, hovering around the previous day's close.
Market Report Oct 31 2023
On Monday, major indices exhibited a robust performance, closing near their peak levels with gains ranging between 0.7% and 1.6%.
Market Report Oct 25 2023
During Tuesday's trading session the S&P 500 reversed its five-day downward trend, settling above its DVI. Though not at their peak levels, all primary indices concluded in the green within the top third of their daily range.
Market Report Oct 24 2023
In Monday's trading session, the stock market experienced an initial dip but found traction by mid-session, with a notable rally further fueled by the decreasing Treasury yields. The S&P 500 managed to recover ending the session with a Spinning Top.
Market Report Oct 20 2023
On Thursday, equities experienced a day of decline, with the S&P 500, Dow Jones Industrials, and Nasdaq 100 falling to levels last seen approximately one and a half weeks ago.
Market Report Oct 19 2023
There was a notable and widespread market pullback during Wednesday's trading session. All major stock indices experienced declines of at least 1%.
Market Report Oct 18 2023
A few days away, but it is good to be catching up with the market this morning.
Market Report Oct 13 2023
In Thursday’s trading session, equity markets concluded in the negative territory, driven by heightened market rates following the latest CPI data.
Market Report Oct 12 2023
On Wednesday, equity markets showed a positive trend, although a temporary dip was observed late in the session across the major indices.
Market Report Oct 11 2023
On Tuesday, the equities market experienced an uptick, supported by declining market rates, softer oil prices, and a subdued Dollar. The main indices saw more trading volume, surpassing the prior day’s volume.
Market Report Oct 10 2023
On Monday, equities rebounded from initial setbacks to register modest advances. Both the S&P and the Nasdaq reached their highest levels in two weeks, while the Dow Jones Industrial Average achieved a one-week peak.
Market Report Oct 05 2023
Equities saw a modest rise, buoyed by a decrease in bond yields, which momentarily alleviated concerns over interest rates.