Tag: day trading

Powell: Fed Now Prioritizes Unemployment Over Inflation

Federal Reserve Chairman Jerome Powell has pledged to take all necessary steps to maintain a robust labor market, signaling the central bank’s commitment to preventing a rise in unemployment that could tip the U.S. economy into a recession. “We do not seek or welcome further cooling in labor-market conditions,” Powell stated emphatically during a speech […]

Nvidia Earnings to Decide Big Tech’s Next Move

You might assume that the final week of August would be the quietest of the summer on Wall Street, with traders heading to the beach for some last-minute relaxation before Labor Day. However, there’s a major market event on the horizon that investors won’t want to overlook: Nvidia’s earnings report. One money manager even suggested […]

Sonic Trading System Intro

Today, I’m excited to introduce something that’s been in the works for quite some time—the Sonic Trading System. This innovative hybrid trading system is designed to simplify your trading experience by providing clear signals, precise targets, and calculated stops. In this post, I’ll walk you through the key features of this system and demonstrate how […]

Hedge Funds Hold Back in Rebound Rally, Goldman Reports

Hedge funds have largely held back from participating in the recent market rebound following the unwinding of the yen carry trade over the past two weeks, according to new analysis from Goldman Sachs’ prime brokerage division. Despite a significant rally that saw the Nasdaq 100 rise by 11% and the S&P 500 gain 8% since […]

Market Swings: How the 2024 Election Fuels Volatility

Investors should brace for election-related volatility in the stock market as we approach November 5, according to analysts. While recent economic data suggests the Federal Reserve may start cutting interest rates, providing some relief to U.S. financial markets, the 2024 presidential election season brings a new layer of uncertainty. Historical trends show that the S&P […]

Why Markets Need More Positive Data to Rally

Dennis DeBusschere, chief market strategist at 22V Research in New York, emphasized that following the mini-crash earlier this month, “more consistent optimism” is crucial for driving a markets surge. Recent economic data suggests that recession fears, initially sparked by the last jobs report, were overstated. DeBusschere pointed to U.S. jobless claims data, ISM Services data, […]