Emilio Jay
Market Overview Technical Analysis

US Dollar Index (DXY) News & Technical Analysis

The decline in DXY: The DXY index has seen a recent decline, trading at around 105.125, primarily due to the strengthening of the euro and a weaker yen. The euro’s rise was driven by the results of France’s parliamentary elections, which alleviated concerns over aggressive fiscal policies and boosted European stocks and bonds​ (FX Empire)​. Read More…

Market Overview Technical Analysis

Do we still buy stocks at these prices?

The U.S. stock market continued to surge last week. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all hit new highs again. On Thursday, the Dow increased by approximately 0.57%, while the S&P 500 rallied 1.8% and the Nasdaq saw gains of 3.57% (Nasdaq)​​ (Investopedia)​. What is driving this rally besides free money? Read More…

Funded Traders

Celebrating 1,000 Trustpilot Reviews at OneUp Trader

OneUp Trader has just hit a major milestone as we reached 1,000 reviews on Trustpilot! Join us as we celebrate this achievement and tell you a little more about the traders who have succeeded in our funded trader program. Over 1,000 Reviews on Trustpilot Our stellar 4.7-star rating shows the quality and reliability of the Read More…

Crude Oil Futures
Technical Analysis

Technical Analysis Crude Oil Futures (CL)

Introduction Crude Oil Futures (CL) for the most part are trading in a consolidation phase. YTD CL is up 15%. However, the performance has been mixed, influenced by a stronger dollar and global economic concerns, such as the rebound in Russian crude exports​ (​​ (​. Weekly Chart Analysis The weekly chart shows CL recently had Read More…

Market Overview

Recent Updates in Financial Markets – June 2024

Federal Reserve and Monetary Policy The Federal Reserve has maintained its policy rate at 5.25%-5.5%, with potential rate cuts anticipated in the latter half of 2024. This cautious stance is driven by mixed economic signals and the need to monitor inflation trends closely. While there has been some moderation in inflation, core inflation, particularly in Read More…

Technical Analysis

Russell 2000 Futures lag S&P 500, NASDAQ

What is leading the underperformance? The Russell 2000 is less weighted in technology stocks compared to the S&P 500 and Nasdaq. Large-cap tech stocks have driven much of the recent market gains, benefiting indices heavily weighted in these sectors. Small-cap stocks, which dominate the Russell 2000, are more susceptible to economic uncertainties too. In contrast, Read More…