Proactive tech analyst Richard Jeans presents his research on the weekly markets which have endured a bond sell off leading to a broad selloff in stocks.
Jeans says the tech sell off has increased in the last couple of days and the Nasdaq 100 is down nearly 1000 points or 7% since 12th of February.
Highlights of the week include large caps, GB Group held pretty solid against the selloff after upgrading guidance in a trading update. Among small caps, Alpha Financial Markets Consulting held a virtual capital markets event, focusing on its growth opportunities in North America and the Insurance sector.
The US target market is about 6-7 x the size of UK while the opportunity in the Insurance sector is at least the size as its traditional target market of the asset and wealth management space.