Last week: US Thanksgiving week will be one to remember this year. In spite of the surging US caseload of Covid-19 and the incumbent US President pushing back against his election defeat, the four US stock major indices of the S&P500, DJIA, NASDAQ and Russell-2000 are all printing large bullish monthly candles, with one day […]

Last week: Covid news started to dominate post-US Presidential Election news last week as the infection case load across the USA and Europe continued to rise at an alarming rate. Despite this, risk sentiment held up rather well with the the small caps Russell-2000 and Copper closing with good-sized, bullish weekly candles. The US stock […]

Last week: The first full week of trading after the announcement of the Biden/Harris US Election win was skewed towards risk-on with flows into stocks and copper, out of the safety-haven Gold and with a lower VIX. Monday’s announcement from Pfizer about positive Covid vaccine news helped to support this momentum. The S&P500, DJIA and […]

Last week: The major news to emerge out of last week was the announcement by numerous news outlets of a US Election victory for the Biden / Harris team. President Trump has yet to concede defeat in the election and this uncertainty will need to be factored into trading in coming sessions. US$ weakness triggered […]

Last week: The expected rise in volatility came through last week following the risk-off shift as Covid cases continued to rise across the USA and Europe. New Covid-related lock-downs measures have been announced for England, France and Germany with Belgium also following suit. The US$ and Yen gained with the flight to safety shift but […]