Intro NQ has rallied 9% in a little over a week and is now only 4% away from all-time highs. With all the geopolitical mentions going on around the world it just shows that markets are 100% completely disconnected from reality. We are living in a ‘fake’ time and nobody is considering the risks that Read More…
On Monday, US equities inched higher as investors looked for guidance from various Federal Reserve policymakers later in the week regarding the central bank’s policy direction. S&P 500 weekly change (Source: Bloomberg) Last week, equities recorded their most significant weekly percentage gain in nearly a year due to a weaker-than-expected US payrolls report, which led Read More…
Introduction Equities surged last week as the Federal Reserve’s decision to hold interest rates steady in November marked the second consecutive meeting without a rate hike, following 11 hikes this year. Chair Powell stressed that while risks of undershooting or overshooting inflation targets have balanced out, no rate cuts are on the horizon. Markets don’t Read More…
Gold Prices Eyeing All-Time Highs After Recent Rally Gold futures have seen a strong rally over the past few weeks, bouncing off a critical support level and now approaching all-time highs. GC is currently trading around $2010 after hitting a low of $1832 just three weeks ago. This bounce of over 8% off the lows Read More…
The market plunged last week, taking out key support levels as the daily chart resembles a rounding top formation. From here, the market still looks bullish in the medium to long term, but let’s take a look at the technicals and levels to watch for this week. You can see the $14,700 level, which was Read More…
On Tuesday, equities rose thanks to strong corporate earnings and optimistic forecasts, boosting investor risk appetite and sparking a broad market rally. All three major US stock indexes moved higher, largely driven by large-cap companies sensitive to interest rates. Meanwhile, benchmark Treasury yields remained stable, comfortably below their recent peak at 5%. The third quarter Read More…
