Futures Trading Education
Although another late rally saw U.S. Equity Markets closed higher yesterday, a downgrade overnight by Fitch on the U.S. Credit Rating sees Futures Markets lower by over 1% as I go to press. The recent shift in tone across Wall Street is evident in the updated target...
Futures Trading Education
A boring session ended with a large rally in the last five minutes of trading to leave all three American Indexes end Monday’s session with a small gain. As earnings season continues, technology companies Apple (AAPL) and Amazon (AMZN) are set to report earnings after...
Futures Trading Education
The VIX closing a huge 7.50% lower saw all three American Indexes reverse Thursday’s losses, led by the NASDAQ 100 which ended Friday with a gain of 1.85%. Thursday’s bearish engulfing reversal candle did not matter as the markets surged from the off, following better...
Futures Trading Education
Equity Markets on both sides of the Atlantic continue to react positively to Fed Chair Jerome Powell’s statement following the FOMC’s two-day policy meeting which resulted in the central bank lifting interest rates by another quarter-point. Despite...
Futures Trading Education
The Federal Reserve raised rates as expected by 25 basis points, signalling their unwavering commitment to tackling inflationary concerns. This forthcoming measure was the 11th rate increase since early 2022, with interest rates now in a range of 5.25% to 5.50%. The...
Futures Trading Education
Better earnings from GE and General Motors saw the U.S. Equity Markets close higher on Tuesday. After the close both Google and Microsoft reported better than expected earnings. The Fed is set to announce a 25-basis point rate hike this evening, bringing rates to a...
Futures Trading Education
Despite a quiet session following the NASDAQ rebalancing, U.S. Equity Markets closed higher across the board. The Dow closing higher for the 11th consecutive trading day, led the gains, at +0.52%.The busiest week of the summer earnings season on Wall Street is here,...
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...
Futures Trading Education
U.S Equity Markets surged on the better-than-expected Consumer Price Index (“CPI”) figures. The headline figure rose just 0.2%, dragging the YoY figure to a 27-month low at 3%. This is the 12th straight month YoY declines, equalling the longest streak of declines in...
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