Equities hit record highs on Monday amid optimism ahead of earnings reports from the Magnificent Seven US companies. However, uncertainty about US-Iran talks and the war kept a lid on gains. Meanwhile, market participants are looking forward to the FOMC policy meeting later this week. S&P 500 Weekly performance (Source: Seeking Alpha) Positive stocks recorded Read More…
Introduction When traders look at a funded trader program, most of the attention usually goes to the profit target, trailing drawdown, or payout structure. But an often overlooked element is the consistency requirement. This is another aspect that makes OneUp Trader the better-funded trader program choice because it is far easier to pass, and in Read More…
Introduction ES has now pushed through the prior all-time high around the 7,100 area and, at least for the moment, is holding above it. A new ATH in an extremely dangerous environment with regard to the war in the Middle East. Donald Trump is even calling for war with Cuba, and the equity markets are Read More…
Equities ended lower on Monday after gapping down from the previous session’s close amid a sentiment shift. Stocks had recorded a solid week as hopes for an end to the Iran war boosted risk appetite. However, uncertainty returned with the new week, pausing the rally. S&P 500 performance (Source: LSEG, Prof G Media) The two-week Read More…
Introduction ES has now completed an extreme V-shaped reversal, rallying aggressively from the ~6,300 lows back above 7,000 in a very short period of time. This has happened with help from the weakness recently seen in the Dollar. Earlier in the year, when the conflict began in the Middle East, the Dollar was seeing a Read More…
Equities edged lower on Monday as market participants worried about failing US-Iran talks. However, there was less panic in the markets after Trump urged the blockage of the Strait of Hormuz. At the same time, analysts are forecasting a solid US earnings season that will likely boost equities. Developments in the US-Iran war continued shaping Read More…
