The US economy expanded more quickly than economists had predicted in Q4. Most analysts anticipate a small US recession by the second half of 2023. Initial jobless claims for state benefits in the US decreased by 6,000. Gold prices fell on Friday, while the dollar rose as investors awaited US inflation data later in the Read More…
Breaking down how the dow jones diverged from other market indices last year. Analyzing the symmetrical triangle formation on the daily time frame. A true story about a trader who turned $5,000 into $15,000,000 in seven years. Quick Breakdown The Dow has been trading sideways for the majority of this year, remaining unchanged so far. Read More…
Stay informed with our technical analysis of the S&P 500 futures. A potential formation of an evening star pattern and the struggle to break through resistance at $4033.25. Follow our analysis for insights on the market before the FED interest rate decision on January 31st. Quick recap In our analysis from last week, we looked at Read More…
Investors are nearly convinced that the Federal Reserve will deliver a modest interest rate increase next week. Money market traders believe the Fed will only raise interest rates twice this year. Analysts predict that the overall S&P 500 fourth-quarter earnings will decline by 3% yearly. Equities held onto their gains on Tuesday after rallying the Read More…
The latest in futures trading as the Euro sees a 14% increase against the dollar. How market analysts anticipate the Federal Reserve’s interest rate policy. Dollar weakness to affect future trends in 6E futures. 6E Futures surge 14% since September The Euro has seen a significant increase of 14% against the dollar in recent months. Read More…
ECB officials are expecting more rate hikes to tame inflation. Some experts say the US has lost its global growth leadership position. Markets are expecting a 25bps rate hike from the Bank of Canada. Most currency futures were up on Monday as the dollar was slightly weaker than a basket of currencies, trading at 101.740. Read More…
