Equities ended Monday nearly flat as risk sentiment soured after Moody’s downgraded the US’s credit rating. At the same time, most investors preferred to stay on the sidelines ahead of a vote on Trump’s tax cut bill. On Monday, Moody’s cut the US government’s credit rating, citing a growing debt. This dampened risk appetite and Read More…
Equities soared on Monday after the US and China agreed to slash tariffs for the next 90 days. The move boosted risk appetite and put a pause to the trade war between the two countries. However, the future remains uncertain, meaning the rally might not last. At the same time, market participants are looking forward Read More…
Introduction At 42, Pinar P., a real estate professional from Huerth, Germany, has successfully transitioned into trading—making a total of $7,000 in withdrawals from her OneUp Trader funded account. She withdrew $4,000 in just two days in February, followed by another $3,000 over four days in April, all while trading on a $50K evaluation account. Read More…
Equities ended lower on Monday, after Trump announced another tariff on films produced outside the US. The drop paused the recent rally on hopes of easing global trade tensions. However, upbeat US business activity data put a floor on further declines. Trump surprised investors when he announced a 100% tariff on movies produced outside the Read More…
Technical Summary Chart Analysis Pattern Development Outlook Scenario Probability Technical Trigger Continued breakout to 6,170+ 60% Clear path if 5,780–5,800 is reclaimed and held Range-bound pullback first 25% Retest of broken resistance ~5,465 zone before resumption False breakout and failure 15% Breakdown back below 5,465–5,400 with volume Bull Case: Bear Case: Final Take This breakout Read More…
Equities had a mixed start to the week, with the S&P 500 rising while the Nasdaq fell. Nevertheless, stocks ended higher last week as risk appetite improved on easing trade tensions between China and the US. At the same time, better-than-expected earnings boosted investor sentiment. Nasdaq-100 index daily performance (Source: Bloomberg) Trading was thin on Read More…
