Introduction The Nasdaq 100 has pulled back from resistance after another failed attempt to push into new highs. While the broader trend remains bullish on a higher-timeframe basis, recent price action shows a market that is struggling to extend higher in the short term. This isn’t a breakdown. But it is a reminder that upside Read More…
Crude oil futures fell to the $63.50 region after two days of gains, as talks between Iran and the US in Oman eased fears of a broader disruption in the Middle East. The move, as reported, shows the market’s sensitivity. The risk premium can disappear quickly when diplomacy signals are strong and then return just Read More…
Introduction The Russell 2000 continues to grind higher along with other US equity markets, recovering strongly from its late-November selloff and pushing back toward recent highs. Unlike the large-cap indices that have spent much of the past year in clear uptrends, small caps have been more uneven, moving through longer periods of consolidation and volatility. Read More…
Gold’s latest leg higher is best understood through futures-led risk repricing. As tensions between the US and Iran grew, investors quickly moved into safe havens, pushing gold futures up 3.49% to $5,107 and spot prices through the $5,000 psychological barrier to $5,089. Silver rose 5.77% to $88.00, which supported the “panic hedge” trade. This aligns Read More…
Introduction Gold futures (GC) ran sharply higher into early February, pushing past their old all-time highs and into new territory. That move was followed by a fast and noticeable pullback. While the drop looked dramatic, it came after a long, almost straight-up rally that left prices stretched far above their usual levels. The pullback doesn’t Read More…
US equities started February with strong momentum, but this time, under a more complicated environment. The Dow, S&P 500, and Nasdaq all had reasonable gains at the start of the month. Futures also pointed to a positive bias, suggesting that investors are willing to take on more risk even as they remain worried about the Read More…
