Oil prices jumped by over 6% on Wednesday after Trump said the US would maintain its blockade on the Strait of Hormuz. Tensions between the US and Iran have remained high since last week. Uncertainty about the future, stalled negotiations, and the ongoing disruptions to oil supply have all pushed prices higher. Brent Crude rally Read More…
Gold prices declined by 2% on Tuesday as Trump dashed hopes for an end to the Middle East war by rejecting Iran’s proposal. Tensions have remained high since last week, boosting the dollar and hurting gold amid rising safe-haven demand. Meanwhile, traders are gearing up for the FOMC meeting and for clues on future policy Read More…
Introduction Gold has clearly shifted out of its prior strong uptrend and is now in a corrective phase. To put it in perspective, GC has rallied over 140% since Feb 2024. Undoubtedly, there have been a lot of people who have made a profit in the yellow metal, and now the profit-taking is getting strong. Read More…
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 The Dow has made a solid recovery from the April lows and is now trading back near the upper end of its range. The move higher has been clean and steady, and has followed the other US equity markets. YM is lagging slightly, though, and has not breached the ATH like the S&P 500. 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…
