Interest Futures
Fundamental Analysis

Interest Futures Decline as Upbeat Data Dims Rate Cut Bets

Interest futures fell on Thursday as more positive US economic data pushed back expectations for Fed rate cuts. However, investors became risk averse as geopolitical tensions escalated, putting a floor on further declines.  US jobless claims (Source: Labor Department) Data released on Thursday revealed an unexpected decline in US initial jobless claims last week, showing Read More…

Fundamental Analysis

Gold Prices Edge Higher Amidst Rising Middle East Tensions

Gold prices rose on Wednesday as Middle East tensions had investors looking for safety in the safe haven of yellow metal. Moreover, a decline in the dollar made gold cheaper for foreign buyers, increasing its demand.  Notably, the Israel-Hamas war has escalated since last week with more strikes on vessels in the Red Sea. Additionally, Read More…

Nasdaq 100 index futures (NQ)
Market Overview

Nasdaq Futures Jump as NVIDIA reports earnings

Nasdaq futures jumped approximately 2% Thursday morning following a strong earnings report from Nvidia, a leader in AI chip design. The company exceeded Q4 revenue expectations and projected Q1 revenue to triple, fueled by robust demand for its artificial intelligence chips.  In premarket activity, Nvidia shares skyrocketed 12.9%, poised to add over $200 billion to its market Read More…

Market Overview

Japan’s Nikkei Soars to Peaks Unseen Since 1980s

Japan’s stock market has reached new heights not seen since the country’s asset bubble in the late 1980s. Back then, share prices soared to astronomical levels, fueling a national mood of affluence and speculation. 87-year-old investor Kazukuni Yamazaki recalls the spectacle of daily stock fluctuations drawing crowds of eager onlookers, including young office workers. Luxury Read More…

Market Overview

Gold Prices Show Resilience, Poised for Further Gains

Gold prices have demonstrated remarkable resilience in recent weeks, rebounding from dips and maintaining an upward trajectory overall. This precious metal’s recovery is attributed primarily to the weakening of the US dollar and lower Treasury bond yields, both of which enhance gold’s appeal as an investment hedge. Technical analysts have identified key support levels around Read More…

Fundamental Analysis

Equities Slide with Fed Rate Cut Bets on Unexpected US Inflation

Equities closed lower on Tuesday as investors continued to absorb the shock of higher-than-expected US inflation. US markets stayed closed on Monday due to a holiday. Meanwhile, last week, the rally in equities reversed when the US reported upbeat consumer and wholesale inflation figures. As a result, investors lost hope of early Fed rate cuts Read More…

futures trading strategies for beginners
Technical Analysis

Bitcoin Surges above $52,000; Upside Expected

Weekly Chart The weekly time frame shows that price is approaching the previous all-time high, a big milestone for Bitty. The swing high extensions (Swing:SH Ext at 32165) serve as a reference point for potential resistance on further moves up. This swing indicator will likely print a higher low soon around $40,000. Key Levels to Read More…

Crude Oil Futures
Fundamental Analysis

Middle East Tensions Drive Modest Surge in Oil Prices

Oil prices rose slightly on Monday due to supply concerns as jitters in the Middle East escalated. However, trading volume was thin as US markets were closed for the President’s Day holiday. Moreover, markets were closed earlier than usual. WTI and Brent futures (Source: ICE, Nymex) Oil has risen as supply concerns due to Middle Read More…

Technical Analysis

Dow Jones Futures (YM) Spinning Top Candlesticks

Weekly Chart The weekly chart has formed spinning tops near the recent all-time high. This tells us that there is indecision in the market. The RSI is currently overbought at 71.31. before the formation of the spinning tops there was only 1 red week out of 14. This amount of bullish price action cannot last Read More…