Weekly research notes covering the full spectrum of asset classes

Market Commentary—8/2/19

February 8, 2019 / Claudio Cirillo

Equities: After many bullish trading sessions, concerns about the trade war and misses in the current earnings session has led major indexes downwards. The S&P500, DJIA, and NASDAQ lost between 1.1 and 2.3 percent as Trump declared that he would not meet the Chinese president before the trade deadline. Tech and Energy were the worst […]

Market Commentary—5/12/18

December 5, 2018 / Claudio Cirillo

Stocks: The US stock markets experienced great losses, signaling a fear of an economic deceleration. The Dow Jones Industrial Average lost more than three percent erasing the recovery of the last week of November. As many analysts pointed out, given the composition of the index and the small number of firms involved, it does not […]

Market Commentary—22/11/18

November 22, 2018 / Claudio Cirillo

Stocks: Tech shares keep on bringing the U.S. market down. Apple led the downward trend, which led to a loss of 200 points of the Dow Jones Industrial Average. As customers’ demand for iPhones has weakened, Apple announced cuts to the 2018 production, according to the Wall Street Journal. Goldman Sachs pushed the target price […]

Market Commentary—05/11/18

November 5, 2018 / Claudio Cirillo

Stocks: As the possibility of a trade deal between the U.S and China gets closer, the U.S. equity market suffers and all major indexes reported losses between 0.7 percent and 1 percent. Nasdaq Composite gave the worst performance with Apple’s shares leading the decline. Apple lost almost 7 percent putting pressure on other tech shares […]

Market Commentary—30/10/2018

October 30, 2018 / Claudio Cirillo

Stocks: A slump in Tech shares hit the US equity market. The Nasdaq Composite lost two percent while the S&P 500 lost one percent, reflecting the greater exposure to Tech of the former. Bank shares slightly increased over the session, Mr.John Flint, the CEO of HSBC Holdings plc, reported an increase of HSBC’s profit of […]