Market Report for Sep 09 2022

Her Majesty Queen Elizabeth II sadly passed away on September 8th 2022 after more than seven decades of public service. It really is a sad time for the country, the Commonwealth and the world. On a personal level and for many of us in the trading community, we will not have ever known a time without the Queen as a fixture of our lives.

As for the markets, Thursday saw a broad-based bounce and all the major indices managed to close positive. It is still too early to dive into this market as we still have a fair amount of the weakest month of the year to go. So for now, we are mainly standing aside and watching what we own to determine what action we will take as we progress through the month.

Let’s go trade!