Futures Trading Education
U.S. Equity Markets were largely sold on Monday with the rate-sensitive sectors of the market underperforming after the hot ISM manufacturing survey unwound Fed cut expectations. The market is now priced for c. 65bps of Fed cuts this year vs 70bp+ before the data,...
Futures Trading Education
Equity Markets were firmer on Wednesday thanks to a late session rip into the close with month-end selling not as large as expected, perhaps indicative of the bulk of it being in the rearview now ahead of the long weekend. There was no tier one data or major catalysts...
Futures Trading Education
Equity Markets again closed lower yesterday following a second consecutive sell-off into the close. The late session sell-off, which saw sectors primarily in negative territory with only Health Care, Financials and Consumer Staples closing positive. Utilities, Energy...
Futures Trading Education
U.S. Equity Markets closed red on Monday, although well off the morning lows. The Russell 2000 closed green on account of the Energy Sector outperformance with crude prices rising. Lows were seen in the Futures pre-market with tech downside leading on several key...
Futures Trading Education
U.S. Equity Markets were choppy on Friday with a lack of tier 1 US data to go off, while question marks were raised on the state of the consumer on the back of poor reports from Nike (NKE) and Lululemon (LULU). Large cap tech was an outperformer, with Apple (AAPL)...
Futures Trading Education
U.S. Equity Markets rallied to new closing highs on Wednesday after the Fed reaffirmed its three rate cuts in 2024 projection, despite higher longer-term dots, and as Powell played down the hot January and February inflation data. The rate-sensitive sectors...
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