About: anakin
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Daily Market Analysis Market Focus US stocks jumped sharply today after US Treasury bond yields declined, causing investors to pour back into the equity markets, especially the beaten- up technology shares, which dipped badly yesterday. Nasdaq Composite climbed as much as 4%, the best day since November 2020, led by Tesla, soaring 20%. The majorityContinue Reading
Written on March 10, 2021 at 5:14 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US stocks were mixed as the Dow Jones Industrial Index made record high of 32,117 whilst the Nasdaq 100 index plunged 2.16% on Monday. It seems like investors were taking a breather from technology stocks and fled into cyclical stocks. Materials and Industrials stocks were leading the gains in theContinue Reading
Written on March 9, 2021 at 2:01 am
Categories: Today's Analysis
Daily Position Report Market Focus In the beginning of the US trading hour, a selloff continued in some of the world’s largest tech companies brought down the whole equity markets while Treasury yields surged to near 1.6. However, big turnaround for all three major indices as dop buyers emerged, fueling an afternoon rebound in mega-Continue Reading
Written on March 8, 2021 at 2:21 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US equity market took a hit after Federal Reserve Chairman Jerome Powell refused to push back recent spike in Treasury yields. The Nasdaq 100 index extended losses from February high to almost 10%. Meanwhile S&P 500 index dipped 1.17% on Thursday, with Energy and Utility stocks led the gain, andContinue Reading
Written on March 5, 2021 at 7:30 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US markets declined as a surge in US Treasury yield, reaching as high as 1.4859% added to concern over stretched valuation amid an uneven economic rebound. The S&P 500 continued to loss for the second consecutive day as 10- year yields surged. The Nasdaq 100 was down about 2.5%. Additionally,Continue Reading
Written on March 4, 2021 at 4:20 am
Categories: Today's Analysis
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