Nasdaq back in favour after falling 11% since recent high! On Tuesday, 9th March 2021, the Nasdaq climbed nearly 4% to enjoy its best day since November 2020. Investors poured back into popular growth stocks after a recent pullback. Will the risk on revival continue? Tesla surged 20% after falling asRead More →
Bitcoin’s value briefly surpassed $1 trillion again on Tuesday 9th March 2021, as the price of the cryptocurrency jumped The digital coin’s price rose on Tuesday and its market capitalization went above $1 trillion in overnight trade. It is only the second time that Bitcoin has surpassed $1 trillion afterRead More →
Tech stocks retreat over recent weeks and start what might become a quick recovery. Is it time to buy back in to FANNG stocks after the pullback? FANNG time again? Facebook, Amazon, Apple, Netflix and Google (other good tech companies available) – is it time to buy again? Well… ifRead More →
Dow gains 570 points as Nasdaq starts recovery U.S. stocks quickly bounced back from a sharp sell-off on Friday, 5th March 2021as bond yields eased. A better than expected jobs report boosted sentiment too. The Dow Jones Industrial Average climbed 572 points, to 31,496 after losing 150 points in intradayRead More →
Dow, Nasdaq and S&P 500 all down yesterday, Thursday 4th March 2021, as bond yields increase, then stabilise later The US 10-year Treasury yield rose close to 1.59% The Nasdaq lost 2.1% to close down at: 12723 as tech stocks were sold. The S&P 500 and Dow were also affectedRead More →
Tech stock sell-off gains momentum Asian markets fell heavily Thursday, 4th March 2021 in early trade, tracking a U.S. decline as further rises in bond yields rattled investors as they fret that this may lead to higher inflation and prompt central banks to raise interest rates early than expected. ThisRead More →
U.S. stocks closed down on Tuesday 2nd March 2021, as the fight between bulls and bears continued after Monday’s hike S&P 500 range bound? The S&P 500 is trapped in a range between 3,800 and 3,900 – a close above or below these levels will be important for the futureRead More →
After very recent stock market all time highs, the Dow moved back up again. S&P 500 followed suit after its retreat due to recent bond yield gains Dow closed up 600 points at: 31535 with intraday movement seeing over a 700 point rise. The S&P 500 closed up at: 3902,Read More →
Bond yields create fear factor The fears over falling bond prices that gripped the market last week receded on Monday, 1st March 2021, as European stocks and U.S. stock futures rose as bond yields fell. The surge in bond yields bashed equity markets last week, with the technology heavy NasdaqRead More →
Tech stocks yield to bonds Are the days of simply loading money into stock market top tech stocks, regardless of valuation, finally coming to an end? The U.S. tech rout witnessed yesterday, Thursday 25th February, seemed to suggest this is the case. The Nasdaq experienced its biggest one day lossRead More →