US GDP came in higher than expected (2.9% vs. 2.6%). Even though the consumer spending component could have been stronger investors piled into stocks once again. Both DJ and Nasdaq…Read More
Equities dipped yesterday after the NY open but then recovered well. The drop lower was driven by gloomy forecasts and slow sales growth from MSFT and 3M. MSFT reported the…Read More
Yesterday was a bit whippy day for US stocks after manufacturing data came in almost line with expectations. Today the AUDUSD rally showed the bulls are still in keen to…Read More
Nasdaq priced higher as Fed slowdown loomsInvestors expect to see lower inflation The Fed is expected to downshift US equities rallied yesterday as expected. Tech stocks have been undervalued but…Read More
Fed to ease off a bit Stocks rallied on FridayT-Bond market sold off pushing yields higher and weakening gold Money flowed out of bonds and into stocks on Friday. The…Read More
Claims came in at the lowest level since April 2022Fed’s Williams wants more hikes to push inflation lowerEconomists: Only two hikes of 25 bp ahead Claims data showed yesterday that…Read More
You want to learn how to become a successful swing trader? Then learning from others’ common swing trading mistakes is the first step. So you want to try out swing…Read More
Recession fears hit the marketsDow Jones Industrial Average dropped over 600 points Retail sales fell 1.1% in December Bad news is bad news once again. The US PPI came in…Read More
Important announcement: The trading hours for some instruments will be affected due to the holiday periods in Australia and Hong Kong. See which instruments will be affected for the week…Read More
DJ drops as bank earnings and China GDP softens the bidsNasdaq supported by the T-Bond marketDax rallies as the ECB is turning less hawkish The bad GDP numbers from China…Read More