Stocks

Risk appetite got a boost last week despite uncertainty in the markets. Market volatility slid as investors digested the decisions made by Powell and Yellen regarding the situation in the banking sector.

Volatility closed the week in the red as investor confidence seems to be rising again on the back of a slight recovery in the banking sector and a seemingly less hawkish Fed.

The Volatility Index has room for a large rally or drop depending on how the week closes today. This implied move will have massive ramifications for stocks, crypto currencies and other risk on assets, going into Q2, 2023.

The direction of market volatility looks set to take center stage this week as investors look to tomorrow's Federal Funds Rate number.

Some risk off flows were evident in the market at the close last week, as the finance sector seeks to regain it's balance.

The banking sector blues that gripped the market has not held down $NDX this week as the the entire sector, so far, has rallied, led by big names like Microsoft ($MSFT) and Alphabet ($GOOG).

The consumer price index increased 0.4% for the month, putting the annual inflation rate at 6%, the Labor Department reported Tuesday. Both readings were exactly in line with Dow Jones estimates.

The events in the banking sector last week raised fears of a possible contagion in the banking sector. The British Pound, which is usually susceptible to moves in the finance sector was surprisingly resilient going into the end of last…

The odds of a soft landing are increasing, if the data implications from today's jobs numbers are to be heeded. NFP came out at 311k, hotter than the expectation of the consensus.

Last week, the market closed in favor of risk on assets as we saw volatility and US30Y treasuries drop by over 1%, indicating a possible slowdown in the US economy.

Risk assets and commodities got a lift this week as China's PMIs showed up strong and the US lost some of it's gains from last week.

Investors will be excited to see what plans Elon Musk's Tesla have in store for the coming months. The EV company will host investors and stream the event live from the Gigafactory in Austin Texas.

AMC Entertainment Holding, Inc $AMC closed Monday bullish, a day before it's earnings report.

Dollar strength continues to gain strength and weakening stocks but will investors also rush into gold, the Yen and Swiss Franc in a flight to safety?

The US stock markets bled this week as the US dollar continued to strengthen. A spike in volatility $VIX and Bonds led the equity markets lower as risk aversion kicked in. The only question mark in the risk off scenario is the depreciation…

ContextLogic $WISH has so far erased most of the 17.88% rally it had last week. The ecommerce company dropped 5.14% this week in addition to the erased gains from the massive +30% spike it encountered on the 13th of February, 2023. $WISH…

S&P500 (SPX) +0.20% NASDAQ100 (NDAQ) +0.24% DOW JONES (DOW) +0.18% CRUDE OIL (CL1!) +1.95% It was a fairly 'slow' day in the markets today as US equities managed to recover some ground on the back of the first piece of negative US…

The dollar continued to strengthen on strong US economic data today. The resultant effect was felt across board and the narratives highlighted in some of our previous articles were in line with this. EURUSD -0.86% S&P500…

There are a plethora of data points for traders to peruse when analyzing the markets. One of the key ones, in our experience, is correlations, as they present evidence of institutional sentiment and actions, when viewed in the right…

All the US equity indices extended their 4 day losing streak today as the US economic numbers continued to beat expectations. S&P500 -1.64% Nasdaq -2.03% Dow -1.67% Russell 3000 -2.11% The US Flash Services PMI came out at 50.5…

On the board today we have a mix of weekly closes from Friday’s close from February 17, 2023, with  more of a tilt toward a Risk OFF scenario. It is important to note that the assets listed in the table are in different phases in their…

Equities It was a volatile day for US equities as the day saw the major indices routed on positive US data. The S&P500 (SPX) closed -1.49% lower, the Nasdaq (NDAQ) closed -2.21% and the Dow Jones (DJI) closed -1.27%. As stipulated…

The nation’s bourse resumed a new trading week on Monday with a growth of N145 billion due to buying interest in MTN Nigeria (MTNN) and 27 other stocks. Specifically, the market capitalisation which opened the week at…

   The local bourse resumed the first trading week on a bearish note with key performance indicators dropping by 0.22 per cent, amid profit taking in 19 stocks. Speficially, the All-Share Index, which opened the week at 38,648.48…

American rapper, Jay-Z has sold a majority stake in Tidal to Jack Dorsey’s company, Square for a whooping sum of $297 million in cash and stock. Tidal will remain a separate part of Square, while Jay-Z will join Square’s board. Existing…

 Sell pressure continued on the nation’s bourse on Wednesday with indices dropping further by 0.44 per cent due to profit taking in MTN Nigeria Communications and 29 other stocks. Consequently, the All-Share Index dipped 175.56…

The nation’s bourse closed trading on Tuesday on a negative note, due to price depreciation posted by Nestle and other 25 stocks. Consequently, the benchmark index declined by 233.81 or 0.59 per cent to 39,697.62 from 39,931.63…

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 The local bourse sustained its negative run on Thursday recording the fourth consecutive loss, following profit taking in Dangote Cement, Zenith Bank and United Bank for Africa stocks. Consequently, the market capitalisation…

The nation’s bourse on Thursday continued positive run for the fourth straight trading session with the benchmark index crossing 36,000 mark due to interest in Airtel Africa and 29 other stocks. Specifically, the All-Share…