Category Archives: Today’s Analysis
Written on June 18, 2021 at 3:37 am, by anakin
Daily Market Analysis Market Focus Reflation trades that have ruled the market for most of 2021 were in retreat Thursday. Stock market was mixed. Dow Jones slumped 0.62%, while Nasdaq rose 0.87%. Tech stocks are back in favor of the investors, the old world order in stock seems back as reopening trade takes lumps. “TheContinue Reading
Written on June 17, 2021 at 3:29 am, by anakin
Daily Market Analysis Market Focus US equity market dropped as Federal Reserve is actually more hawkish than market expected. Though the initiation of tapering talk is widely anticipated, but two interest rate hikes by the end of 2023 reveal by the dot plot had investors surprised. The Nasdaq 100 and Dow Jones Industrial Average indexContinue Reading
Written on June 16, 2021 at 1:39 am, by anakin
Daily Market Analysis Market Focus US stocks retreated from their peaks after the retail sales missed the expectations. Tech shares closed in the red, with the Nasdaq 100 dropped 0.71%, and Dow Jones declined 0.27%. Energy shares gained traction, but still could not lift the S&P 500 index as Real Estates and Tech stocks draggingContinue Reading
Written on June 15, 2021 at 4:52 am, by anakin
Daily Market Analysis Market Focus US stocks market was mixed as investors were adjusting positions to Thursday’s Federal Reserve meeting. Tech shares were gaining traction, with the Nasdaq 100 up nearly 1%, they also helped the S&P 500 to close in the green. Meanwhile, Financials dropped as JPMorgan Chase CEO Jamie Dimon suggested Wall Street’sContinue Reading
Written on June 11, 2021 at 6:27 am, by anakin
Daily Market Analysis Market Focus US stocks climbed to record high as investors are shifting to believe Federal Reserve will maintain accommodative policies in upcoming months. The Nasdaq 100 Index gained more than 1%, while the Dow Jones Industrial Average index was up only 0.06%. S&P 500 closed 0.47% higher with Health Care shares ledContinue Reading
Written on June 9, 2021 at 1:04 am, by anakin
Daily Market Analysis Market Focus US equity market was quiet on Tuesday as investors are waiting for the big CPI release on Thursday. The three big equity indices moved less than 0.1% at the end of the day. Meanwhile, the 10-year Treasury yield fell to the lowest in a month, trading at 1.536%. The economistContinue Reading
Written on June 8, 2021 at 2:59 am, by anakin
Daily Market Analysis Market Focus US equity market was mixed as investors remain clueless about Fed’ upcoming move given last Friday’s Non-Farm Payroll data miss. The S&P 500 and Dow Jones Industrial Average closed in the red, down 0.08% and 0.36% respectively. On the other hand, the Nasdaq 100 climbed 0.23% as Biogen Inc. soaredContinue Reading
Written on June 7, 2021 at 2:41 am, by anakin
Daily Market Analysis Market Focus US equities advanced albeit disappointing Non-Farm Payroll data. Technology shares led the gains on Friday with the Nasdaq 100 index up 1.8%. Meanwhile S&P 500 and Dow Jones Industrial Average climbed 0.9% and 0.5% respectively. Traders struggle to find clues on the Fed’s next moves amid soft jobs data. TheContinue Reading
Written on June 4, 2021 at 2:20 am, by anakin
Daily Market Analysis Market Focus US equities fell amid upbeat economic data, and investors are growing concern that strong data may push the Federal Reserve to withdraw from the easy monetary policy sooner than expected. Tech shares led the decline with the Nasdaq 100 index dipped 1.07% on Thursday. In the S&P 500, Utilities andContinue Reading
Written on June 3, 2021 at 1:28 am, by anakin
Daily Market Analysis Market Focus US equities rose on Wednesday amid mixed investment sentiment. The three big indices closed in the positve territory. The S&P 500 edged 0.14% higher with Energy stocks continue to outperform, and Materials shares lagged. Meme stocks are making a comeback. AMC Entertainment Holding Inc. soared as much as 125% toContinue Reading
