NASDAQ completed double bottom, investors responded well to Fed
NASDAQ closed strongly up by 2.00% overnight to close at 11816.31. Fed’s 25bps rate hike […]
US 100 Index Retreats after Penetrating Downtrend Line
The US 100 cash index reached overbought levels according to the RSI and reversed lower after the […]
Week Ahead: FOMC, BOE, ECB, OPEC, NFP and Big Tech Earnings
There will be no shortage of potential market moving events this week! After the Bank […]
Stocks Edge Lower With Earnings, PMI Data in Focus
US futures Dow futures -0.32% at 33513 S&P futures -0.36% at 4004 Nasdaq futures -0.57% […]
US 100 Index Fails to Conquer Downtrend Line and 200-day SMA
The US 100 cash index is flirting with the long-term downtrend line, taken from the […]
Dollar Softens Mildly in Subdued Trading, Focus Turns to PMIs
Dollar softens mildly again in rather subdued trading in Asia. Many markets are still on […]
Yen Down, Nikkei Up, Yield Curve Distortion Improved
BoJ and Davos were the major focuses of last week. Much volatility was seen in […]
Stocks Fall on Lingering Recession Fears
US futures Dow futures -0.84% at 32996 S&P futures -0.82% at 3894 Nasdaq futures -0.9% […]
Stocks Rise after Weaker than Forecast Retail Sales, PPI Data
US futures Dow futures +0.04% at 33926 S&P futures +0.2% at 3999 Nasdaq futures +0.3% […]
US 100 Cash Index Trades Sideways Following Strong Start to New Trading Year
The US 100 cash index is trading sideways following a climb of 900 points since […]
Nasdaq 100 Grinds Higher
The Nasdaq 100 rallies as improved US consumer sentiment showed a falling inflation outlook. The […]
NASDAQ enjoying best year start in decades as focus turns to NFP
Overall risk sentiment is on the positive side as market focus turn to non-farm payroll […]