Futures Trading Education

U.S Indices closed higher as Stimulus hopes boosted markets. Yesterday was a volatile trading session with plenty of two-way price action with markets closing well off their intra-day high. Speaker of the House Nancy Pelosi’s office said she and Treasury Secretary Steven Mnuchin were closer to resolving policy differences holding up a Stimulus agreement. And Senate Majority Leader Mitch McConnell said that he would put a bipartisan bill to a vote if it had the backing of the White House. There was also good news on the vaccine front. Moderna’s CEO said the company could file for emergency use authorisation for its COVID-19 vaccine as early as December. And AstraZeneca’s U.S. trial for its vaccine candidate could reportedly restart as soon as this week. In terms of economic data, Housing Starts missed estimates, but Building Permits beat expectations. This is another sign of strength for the housing market. The S&P led the equity rally closing with a gain of 0.47%. European Equity Markets also closed higher. European Union officials said they expect post-Brexit trade talks to resume in London next week despite the U.K.’s insistence for concessions to be made prior. The German government is said to be considering enacting tax incentives to boost stock market participation. German Producer Price Index data for September were stronger than expected, rising versus August, signalling that demand for raw materials is rising. And more support could be coming from across Europe. A poll of economists signalled more stimulus on the way from the Bank of England next month. Elsewhere, Oil closed 1% higher after OPEC pledged support for the Oil markets, while Gold rose on Dollar weakness.

To mark my 2175th issue of TraderNoble Daily Commentary I am offering a special 2 year rate of Euro 2750 for my Platinum Service which includes 1 to 4 updated emails throughout the trading day To demonstrate this value, a monthly subscription over the same period would cost 4440 euro in total This offer represents a 38% discount and is open to both new and existing members. If anyone is interested in this offer can you please email me on bryan@tradernoble.com for details

For anyone following my Platinum Service it made 288 points yesterday and is now ahead by 2056 points for October, having made 3042 points in September, 2383 points in August, 3128 points in July, 2580 points in June, 2456 points in May, 4773 points in April, an incredible 9264 points in March, 2223 points in February and 2142 points in January. Since I started this New Platinum Service in June 2015 it has averaged a monthly gain of over 1600 points

I have a YouTube Channel which contains recent interviews I have given This can be viewed by clicking