S&P 500 Futures Dip: Nvidia’s Record High Momentum Pauses
On Friday, U.S. stock-index futures decreased slightly after a strong rally fueled by the success of chipmaker Nvidia, which sparked excitement about the potential for an artificial-intelligence breakthrough. What’s happening The Dow Jones Industrial Average increased by 457 points on Thursday, representing a 1.18% rise to reach 39069. The S&P 500 also saw a significant […]
When Day Trading Works Like a Charm – What to Look For
Hey everyone! Welcome back. Today, I’m excited to dive into some recent signals using the DayTradeToWin software. It’s always fascinating to see how the market is moving and how we can leverage that movement for successful trades. In this video, I’ll be focusing on a particular aspect of trading: the importance of aligning your trades […]
On Hold: Traders Patient as Treasury Yields Stay Unmoved
There was minimal movement in bond yields on Wednesday morning as traders anticipated the release of the minutes from the Federal Reserve’s January meeting. What’s happening What’s driving markets Investors were avoiding making risky investments before the release of the minutes from the Federal Reserve’s policy meeting on January 31st at 2 p.m. Eastern time. […]
Navigating Wall Street’s Mob Psychology: A Warning from a Top Strategist
Key Information for the U.S. Trading Day The U.S. trading day after the holiday shows signs of nervousness, particularly with Big Tech stocks like Nvidia seeing a dip before the market opens, ahead of eagerly awaited earnings reports. Market analysts, including Joe Adinolfi from MarketWatch, suggest that Nvidia’s earnings could potentially dampen market momentum due […]
S&P 500 Target: Goldman Sachs Points to Big Tech at 5,200
Goldman Sachs has revised its year-end S&P 500 target to 5,200 just ahead of Nvidia Corp.’s crucial earnings this week. The forecast hinges largely on Big Tech’s ability to maintain robust profits. David Kostin, chief U.S. equity strategist at Goldman Sachs, stated, “Our upgraded 2024 EPS forecast of $241 (8% growth) stands above the median […]
Insights for Investors: Understanding the Stock Market’s Resilience Amid Inflation Concerns
The significance of the number of rate cuts pales in comparison to whether the economy avoids recession, according to a strategist. The recent market turbulence, marked by sharp one-day declines followed by swift recoveries, prompts analysis into the driving forces behind the ongoing bull market, which has propelled the S&P 500 and Dow industrials to […]
Double Tops & Bottoms: Key to Predicting Market Moves
Today is Friday, February 16th, and I wanted to share some insights with you on how to capitalize on price action signals in the market. But before we dive into that, a quick reminder: Monday is a holiday, President’s Day, so consider this a 3-day weekend! If you’re receiving our emails, you might have noticed […]
S&P 500 Gears Up for Record Run with Focus on Producer Prices, Sentiment
U.S. equity index futures suggest the S&P 500 could reach yet another record high by Friday’s close, driven by the technology sector’s potential for a third consecutive day of gains, amidst the anticipation of fresh economic data. Here’s how stock-index futures are performing: On Thursday, the S&P 500 reached 5,029.73, surpassing its previous record close. […]
Customize Like a Pro: Ninja Trader Chart Essentials
Welcome, traders! Today, we delve into the intricacies of customizing your NinjaTrader chart setups. Whether you’re a seasoned pro or just starting, understanding how to tweak your charts can significantly enhance your trading experience. Join us as we explore various techniques to optimize your trading platform to suit your preferences. First and foremost, let’s address […]
Why the Stock Market’s Ascendancy Isn’t Over: Insights from a Prominent Bull
The market took a tumble a day before Valentine’s, prompting speculation of an exaggerated reaction. However, stock futures suggest bargain hunters are already sniffing around. Chris Weston, Pepperstone’s head of research, notes that the market was caught unprepared, with few safeguards in place and an overly optimistic stance on risk. He highlights the frustration for […]
