U.S. Equity Markets were mixed on a quiet day’s trading with the Dow closing flat  while the NASDAQ 100 closed 0.28% higher. Markets were mixed following a decline on Tuesday. Early in the morning, headlines were focused on JPMorgan CEO Jamie Dimon’s shareholder letter, where he said that the U.S.’s economic “boom” could carry over until 2023. There was nothing new out of the Federal Reserve’s Minutes from the most recent meeting. The Minutes showed that many Fed members see any increased inflation only to be temporary, easing fears of a sustained spike. And Fed speakers voiced more support for the economy. San Francisco Fed President Mary Daly said that the Fed’s balance sheet was far from hitting any limits, meaning that it can continue its asset purchases. And Dallas Fed President Robert Kaplan said that the Fed will not raise rates to combat inflation as quickly as it has in the past, signalling a continued period of low Interest Rates. European Markets declined. The European Central Bank’s (“ECB”) Governing Council member Pierre Wunsch said the European Union’s economy was recovering, adding that the ECB is considering extending stimulus measures beyond March 2022. Markit’s final Euro-Zone composite purchasing managers’ index (“PMI”) showed new orders hit their highest levels since September 2018. On the vaccine front, EU officials said that they found possible links between AstraZeneca’s vaccine and blood clots, while also saying that the benefits of the shot outweigh the risks. And officials from Europe, the U.S., and Iran discussed potentially easing sanctions and reducing uranium enrichment to bring all parties back into the 2015 nuclear accord. Elsewhere, Oil closed 0.42% higher after the Energy Information Administration (“EIA”) reported another oil inventory drawdown, while Bitcoin fell 5% on no news.

To mark my 2300th 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 finished flat again yesterday as none of my calls were hit and is still down 585 points for April, having ended March with an impressive gain of 3769 points, having made 3286 points in February, 2077 points in January, 2273 points in December, 2025 points in November, 2779 points in October, 3042 points in September and 2383 points in August. 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 HERE Please subscribe to this for new interview notification

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