Daily Market Bulletin – 04 January 2022
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
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Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
Some of the hottest manufacturers of Electric Vehicles, such as Tesla, released solid delivery data for the fourth quarter and full 2021, over the weekend
Daily Charts As we head into the last week of the year, the US large-cap indexes have momentum as a tailwind. Below are the daily charts of the US30 (left), SPX500 (middle), and the NAS100 (right). All three are bullish and in their respective areas of strength, between the upper blue and red bands. Moreover, their stochastics are all above 80, denoting strong upwards momentum. The "Santa Rally" seems well…
Daily Further to our previous article, the below shows the daily charts for the US30 (left), SPX500 (middle) and the NAS100 (right). All three indexes had a strong day yesterday with long blue candles. Of significance, the NAS100 has now pushed out of its area of weakness, between the lower blue and lower red bands, into the neutral area, between the blue bands. If the indexes can push further upwards…
The Fed has signalled three rate hikes for 2022 and an acceleration in the taper of its asset purchase program. In a tightening environment, and as yields increase, portfolios may change in terms of asset allocation. Fundamental valuation metrics consider the impact that rates have on cash flows. Growth stocks tend to retain and reinvest earnings, whilst value candidates are usually established and more mature in nature. As such they…
Daily The daily charts below show the US30 (left), SPX500 (middle) and NAS100 (right). Today's candles, ahead of market open, are blue, indicating current prices are above respective opens for the session. The NAS100 continues to show relative weakness and is still in its area of weakness, between the lower blue and lower red bands. The SPX500 is attempting to move from its area of weakness into the neutral area,…
Stocks were sold down on Friday and have started this week under pressure. Below are the daily charts of the US30, SPX500, and NAS100. Of the three the NAS100 is the weakest, trading firmly in its weak area between the lower blue and lower red bands. The sell-off during the Asian session has also driven the SPX500 into its area of weakness. The US30, whilst weak, has not definitively moved…
Central banks dominated this week, with the Fed speeding up its QE tapering, Bank of England surprising markets once again and ECB announcing reduction in asset purchases, while maintaining its dovish stance
Another big week for regulators around the worlds, with probes into M&A activity and rising sectors, while airlines and Netflix were also in the spotlight
The Hollywood Foreign Press Association (HFPA) announced on Monday, the nominations for the 2022 Golden Globe Awards, with Netflix being one of the top performers
Friday's headline CPI release indicates that US inflation is rising at its fastest pace since 1982. Month on month showed a rise 0f 0.8% and a 6.8% increase on an annual basis. Core CPI, which strips the series of volatile items, came in at 0.5% m/m and 4.9% y/y. The core increase is the steepest since 1991. Despite the high reading, large-cap US indexes gained on Friday and the week.…
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