Futures Trading Education

A weaker Dollar helped U.S. Equity Markets register strong gains across the board, led by the 2.62% rally in the NASDAQ 100. A major milestone in Shanghai helped boost the S&P 500. Local authorities noted that the city achieved three days of no new COVID-19 infections outside of quarantined regions in China. This may indicate that it could soon reopen key financial, manufacturing, and transportation hubs – providing a boost for domestic and international companies that rely on China for the bulk of their operations. So, in Wall Street’s eyes, this could mark the bottom of the crisis in China, alleviating at least one issue rippling across the global markets. Meanwhile, the U.S. reported Retail-Sales growth in April. While the 0.9% rise was lower than the projected 1% increase, it signals consumers are continuing to spend despite inflationary pressures. These figures, combined with Industrial Production having climbed 1.1% last month, could indicate an improvement in output and consumer activity. And if this trend continues, it may help alleviate broader concerns about an economic deceleration. Still, the ongoing crisis in Ukraine will likely further drive crude and food prices higher, which could weigh on businesses and households in the long term. Within the S&P 500, 10 of the 11 sectors finished higher. European Markets closed higher. Euro-Zone’s Preliminary First-Quarter Gross Domestic Product figures were stronger than expected due to a rebound in German activity. European Central Bank President Christine Lagarde holds multiple speaking engagements this week, with investors awaiting confirmation on how soon interest-rate hikes will start. Britain’s Unemployment rate for March was lower than anticipated, signalling steady economic activity and an increased potential for more interest-rate hikes. In Asia, Japan’s preliminary machine-tool order growth for April decelerated compared with march due to a contraction in domestic and foreign orders on a month-over-month basis. Bank of Japan Governor Haruhiko Kuroda said the central bank will monitor the economic impact of the Yen’s weakness, as price stability is important from a long-term-growth outlook. Shanghai’s government said it met the goal of three straight days of zero COVID-19 transmissions outside of quarantined areas, hitting a key hurdle to begin the reopening process. The Reserve Bank of Australia’s Minutes from its most recent meeting showed policymakers intend to continue raising interest rates as they feel the policy is too stimulative. Elsewhere, Oil fell 1.88% after comments from Hungary suggesting a Russian oil ban would cost it $811 million to prepare its refineries, while Gold fell 0.66% following a rise in U.S. Retail Sales.

To mark my 2550th 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 495 points yesterday and is now ahead by 2244 points for May having made 762 points in April, following a gain of 5883 points in March. The Platinum Service made an impressive 5324 points in February, after ending January with a gain of 3878 points, more than making up for December’s 932 points loss, having made 2466 points in November, 1028 points in October, 2866 points in September, 1543 points in August, and 996 points in July. The Platinum Service made 1366 points in June, 1439 points in May, 1244 points in April, after ending March with an impressive gain of 3769 points. 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