Blog Posts

Javid Shaik Javid Shaik

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.

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Javid Shaik Javid Shaik

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.

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Javid Shaik Javid Shaik

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.

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Javid Shaik Javid Shaik

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.

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Javid Shaik Javid Shaik

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.

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Javid Shaik Javid Shaik

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%.

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Javid Shaik Javid Shaik

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%.

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Javid Shaik Javid Shaik

Market Report Nov 01 2023

In Tuesday's trading session, major indices demonstrated fluctuating performance, hovering around the previous day's close.

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Javid Shaik Javid Shaik

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%.

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Javid Shaik Javid Shaik

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.

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Javid Shaik Javid Shaik

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.

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Javid Shaik Javid Shaik

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.

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Javid Shaik Javid Shaik

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%.

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Javid Shaik Javid Shaik

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.

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Javid Shaik Javid Shaik

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.

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Javid Shaik Javid Shaik

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.

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Javid Shaik Javid Shaik

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.

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Javid Shaik Javid Shaik

Market Report Oct 05 2023

Equities saw a modest rise, buoyed by a decrease in bond yields, which momentarily alleviated concerns over interest rates.

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