Futures Trading Education
US stocks finished at new record highs on Friday in thin post-Thanksgiving holiday trade, led by utilities but with energy stocks a drag. US Bond Yields were narrowly mixed and the US Dollar gave back a little of its recent strength. The Australian and New Zealand...
Futures Trading Education
In his 2007 best seller “The Black Swan” Nassim Taleb uses the life of a thanksgiving turkey as an analogy for explaining a black swan occurrence i.e. a tail event that is so remote that is completely unforeseen. When a thanksgiving Turkey is born it is fed and taken...
Futures Trading Education
The sale of big jet planes was responsible for the 4.8% jump in US October Durable Goods Orders reported yesterday and which together with a jump in the final reading of the University of Michigan’s November Consumer Sentiment Index is responsible for the latest...
Futures Trading Education
The US Dollar continued to march a little higher, the Bloomberg Spot Dollar Index closing up another 0.14%, with gains mostly against the Euro, the Yen, and Sterling, the latter from some self inflicted news. US data has been second tier and there was interest in a...
Futures Trading Education
The rally in US equities continued yesterday with the S&P500 as forecast hitting a new record high of 2196, and ending 0.6% higher on the day. The move in equities was dominated by energy stocks (up 2.0%) with the oil price up by around 4.5%. It was not only US...
Futures Trading Education
Last week, the relentless rise in US Bond Yields was continuing to drive the US Dollar upward, is starting to put downward pressure on most commodity prices and is also now unsettling the post-Trump victory global equity rally. The S&P lost 0.24% to 2,189.9 but...
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