Futures Trading Education
Despite the Friday crush in the VIX, U.S. Equity Markets closed flat on Friday following a quiet session. The S&P 500 has surpassed most of Wall Street’s year-end predictions, defying concerns over recession risks, inflation, and monetary tightening. The...
Futures Trading Education
Despite the Dow closing higher for the ninth consecutive trading session after better earnings from IBM, the NASDAQ 100 finally had a down day, closing lower by 2.29%. A combination of weaker earnings from Netflix and Tesla coupled with 10-year yields rising 10 basis...
Futures Trading Education
Better than expected earnings from Bank of America saw U.S. Equity Markets surge to new highs for 2023. The Dow led Tuesday’s gains, closing higher by over 1%. Bank of America (BAC) reported a strong performance in the second quarter, with its profit soaring as its...
Futures Trading Education
Despite a small sell-off into the close the NASDAQ 100 again led Monday’s gains, closing higher by 0.95%. Both the S&P and NDX made new highs for 2023 on the back of yesterday’s rally. Internally the market was weak with the McClellan Oscillator closing lower at...
Futures Trading Education
The Dow led Friday’s declines following better earnings from JP Morgan. JPMorgan Chase (JPM) reported that its revenue reached a record high in the second quarter, driven by the Federal Reserve’s interest rate hikes. The company reported $41.3 billion in...
Futures Trading Education
A combination of a weaker than expected PPI and stronger earnings saw the NASDAQ 100 lead Thursday’s Equity gains. PPI came in at +0.1% versus +0.4% expected. This is the slowest headline print since August 2020. Delta Air Lines (DAL) reported its strongest quarterly...
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