The early onset of Sell-in-May this year coincided with a sharp downturn in Tuesday’s trading, driven by yield fluctuations, bringing April’s market activity to a close. Stocks faltered ahead of an important Federal Reserve decision, compounded by disappointment from major players in the AI sector. In a recent communication to...
Greetings, fellow traders, and welcome back to our trading blog. As we embark on May 1st, I’m thrilled to discuss a strategy that has piqued my interest today – selling in the market. But before we delve into the details, let’s reiterate the cardinal rule of trading: it carries inherent...
In April, U.S. stocks faced their toughest month of 2024, as ten out of the S&P 500 index’s 11 sectors saw significant declines. Both the S&P 500 index and the Nasdaq Composite experienced their first monthly drops since October, with decreases of 4.2% and 4.4% respectively. Investors grappled with concerns...
Neil Shearing of Capital Economics contends that despite the vigorous surge of the U.S. dollar, the prospect of a succession of global currency crises appears remote. While the soaring dollar may unsettle global financial markets and raise concerns about currency stability for economies worldwide, Capital Economics suggests that the fallout...
Today, on April 29th, a Monday, I’m thrilled to explore the dynamic world of NASDAQ trading with the formidable Trade Scalper software. Join me on this exciting journey as I strive to achieve a $200 profit using just one contract within the next 20 minutes. But before we embark, it’s...
Early trading in equity futures suggests that Wall Street will likely continue last week’s strong rally. Despite recent volatility driven by concerns over rising bond yields conflicting with expectations of strong corporate earnings, particularly within the tech sector, market sentiment appears resilient. The Nasdaq 100, home to major technology companies,...
