U.S. stock markets capped off their seventh consecutive week of gains as they closed mostly higher on Friday, following the Federal Reserve’s policy meeting. According to Dow Jones Market Data, the S&P 500 achieved its lengthiest weekly winning streak since November 2017. Breaking down the performance of key indices on...
As the year approaches its conclusion, financial professionals can enumerate a range of reasons for the continued ascent of the U.S. stock market. Nevertheless, a faction of Wall Street strategists contends that attributing the market gains solely to the possibility of a “soft landing” for the U.S. economy or potential...
Greetings, traders! Welcome back to our journey in the world of finance. Today, I’m excited to lead you through the dynamic realm of market intricacies, showcasing the prowess of both the ABC method and our Trade Scalper software. But before we plunge into the details, it’s crucial to emphasize the...
Early on Thursday, U.S. stock index futures saw gains as investors continued to applaud an unexpected dovish shift in the Federal Reserve’s policy. Here’s the current status of stock-index futures trading: Wednesday’s market performance showed the Dow Jones Industrial Average rising 1.4% to 37090, the S&P 500 increasing 1.37% to...
Good morning, fellow traders! Today, we embark on an exhilarating journey, navigating the uncharted waters of trading not one but two markets simultaneously. Join me as we apply the esteemed Trade Scalper method to both the E-mini S&P on the left and the NASDAQ on the right. The anticipation is...
Approaching the year’s final Federal Reserve meeting, stock markets continue their ascent to new record highs. The pivotal question remains: Can the Fed sustain this upward trajectory? The answer hinges on the forthcoming insights from Chair Jerome Powell and the dot plot detailing future rate expectations. Diverging from the current...
