Futures Trading Education
U.S. Indices closed lower on Friday, paring some of the strength seen last week post-Fed. Pressure was largely observed since the opening bell, with the Nasdaq underperforming as Broadcom’s (AVGO, -11.4%) Q4 earnings showed its AI order backlog fell short of...
Futures Trading Education
Both U.S. Indices and Treasuries ended Wednesday with gains, while the Dollar was sold after a surprisingly dovish FOMC and Powell press conference (summary below). Briefly recapping, the Fed cut rates by 25bps to 3.5-3.75%, as expected, but in a dovish 9-3 vote split...
Futures Trading Education
U.S. Indices chopped on Tuesday as eyes turn to the FOMC on Wednesday but the Russell outperformed while Dow Jones lagged. Dow weakness ensued after JPM’s Lake gave some Q4 guidance – IB revenue up low-single digits, and markets revenue up low teens. This...
Futures Trading Education
U.S. Indices closed lower on Monday, with all sectors but Technology in the red. Communications and Consumer Discretionary were the worst performers, the former weighed by downside in Alphabet (GOOGL, -2.3%) and Netflix (NFLX, -3.4% due to an attractive all-cash PSKY...
Futures Trading Education
U.S. Indices ultimately finished Friday’s session with an upward bias, with SPX, NDX and DJI closing green, but the Russell 2000 lagged and closed lower. Sectors were also mixed. Communication, Tech and Consumer Discretionary led the gains, while Utilities, Health...
Futures Trading Education
U.S. Indices trended higher throughout Wednesday’s session, but Futures were knocked on reports in the Information that Microsoft (MSFT) is lowering AI software quotas as multiple sales teams failed to hit quotas for AI product sales last year, which hit MSFT and...
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