Category Archive: Finance, No picture
FX And Rates Unwind Yesterday’s Powell Effect, US Index Futures Slide
The dollar bounced, and US rates rose yesterday afternoon in response to comments by Fed Chair Powell. But he did little more that reiterate what he had said at the recent press conference. Powell expressed a lack of urgency to move after having led the central bank in delivering a 50 bp cut to start […]
Critical Things Every Trader Should Know About Market Crashes
Image Source: Unsplash In the fast paced world of stock trading, understanding how markets behave during extreme downturns is essential for surviving volatile periods. Market crashes of the past can offer valuable insights into both market behavior and trader psychology during crises. These lessons are crucial for investors and day traders alike, providing a roadmap for […]
Daily Market Outlook – Friday, Nov. 15
Image Source: Unsplash Asian markets concluded a volatile week on a more stable note, aided by Chinese consumers lifting retail sales above expectations as a slew of governmental support measures buoyed the stock market. Property sales increased slightly, but they are still down 15.8% from a year earlier. A decrease in property investment deepened, and home […]
When Should I Sell My Stocks
Image Source: Unsplash When does a swing trader sell his position in a stock? In this episode I detail one trader’s poor risk management in a trade, who only wanted to get back to break even, only to find his swing trade doing incredibly well in the end – and now doesn’t know what to do […]
FX Daily: Powell Keeps Market Cautious On The Fed
Image Source: Unsplash The dollar remains at risk of positioning-led corrections, but so far macro data and Fed communication have not offered any USD-negative catalyst. Yesterday, Fed Chair Powell emphasized the economy’s strength and endorsed market caution on pricing in more cuts. EUR/USD may hold above 1.050 for now, but the general direction still appears bearish. USD: […]
Solana meme coin Litecoin Mascot soars to $120 million market cap in less than 48 hours of launch
Key Takeaways Litecoin Mascot (LESTER) reached a $90 million market cap within 48 hours of launch. LESTER secured exchange listings and saw a 700% price surge post-launch. Share this article A new Solana-based meme token, Litecoin Mascot (LESTER), just hit a $120 million market capitalization within 48 hours of its trading launch, according to data […]
The Commodities Feed: European Gas Surges On Latest Supply Risk
Image Source: Unsplash Energy – European gas surges, US gas falls Most of the action in energy was in the natural gas markets yesterday. In Europe, TTF settled almost 6% higher on the day and traded to its highest level since November last year. This was on the back of concerns that some Russian pipeline […]
Friday Forex Follies: The Tip Of The Iceberg & Time To Join The Dollar Rally Wagon
Image Source: UnsplashThe U.S. dollar continues to flex its muscles, turbocharged by President-elect Donald Trump’s bold return to the global stage, signalling seismic shifts that could send shockwaves through markets far and wide. Emerging-market stocks, Asian currencies, and global equities are poised for a potential battering as Trump’s tariff-centric policies loom larger. While hedging has begun, […]
Ripple’s XRP token soars 20% to $0.83 after SEC Chair Gary Gensler hints at resignation
Key Takeaways XRP surged 20% to reach $0.83 after Gary Gensler hinted at resignation. New SEC leadership could lead to lawsuit dismissals benefiting XRP and other tokens. Share this article XRP, Ripple’s native token, jumped approximately 20% to $0.83 after Gary Gensler hinted that he might step down as SEC Chairman during a speech on […]
“Big Short” Michael Burry Boosts China Exposure, But Adds Hedges: 13F
Image Source: UnsplashMichael “the Big Short” Burry boosted his exposure to China stocks including Alibaba (BABA), Baidu (BIDU), and JD.com (JD) in the third quarter as Beijing rolled out a stimulus blitz. But he also added new bearish options that would provide downside protection, a move that may have been especially prudent as the Chinese rally recently fizzled as […]
