What a Stock Market Sell-Off Means for Day Traders
A stock market sell-off is a situation where stocks drop suddenly over a daily, weekly, or monthly timeframe. In most cases, the term refers to a sudden decline of the…
Read More »S&P 500 Near Key Inflection Point With Election One Week Away
The S&P 500 may challenge a key inflection point as the benchmark index faces heightened liquidation pressure amid a spike in Covid-19 cases one week ahead of the US presidential…
Read More »ForexLive Americas FX news wrap: Back and forth but relatively subdued
Forex news for North American trading on October 23, 2020: Markets: – Gold down $2 to $1902 – US 10-year yields down 2 bps to 0.836% – S&P 500 up…
Read More »Japan’s Nikkei falls -0.5% at the morning opening
Soft opening for Japan’s stock market The US stocks ended an up and down session yesterday near session lows. The S&P index fell -0.22%. The NASDAQ index fell -0.28%. THe Dow industrial average…
Read More »ForexLive Americas FX news wrap: US retail sales beat estimates
Forex news for North American trade on October 16, 2020: Markets: – Gold down $9 to $1899 – US 10-year yields up 1.3 bps to 0.745% – S&P 500 flat…
Read More »US Claims Disappoint, again & Equities under pressure
USA500, H1 & Daily A 4,000 initial claims rise to 870,000 in the third week of September followed a -27,000 drop to 866,000 in the BLS survey week, leaving a…
Read More »What is the Wilshire 5000 Index?
When we hear “stock index,” we usually think of the S&P 500 or Dow Jones Industrial Average, and rightly so. Many prominent hedge fund managers refer to the S&P…
Read More »Trading the Volatility Index (VIX)
The Volatility Index, or VIX, is a market index that represents the markets expectation of 30-day forward-looking volatility. The price is derived from the S&P500 index options and provides a…
Read More »Nasdaq Breaks Fresh Record. Hang Seng and ASX 200 to Open Mixed
The Nasdaq Composite climbed 0.42% to a record high of 11,311, sending the major Asia-Pacific stock indices higher. However, 72% of the S&P 500 components ended lower.
Read More »Apple Stock Split Set For August 24th
Apple (AAPL) just announced that the company is performing a 4-for-1 stock split to occur at market close on August 24th, 2020. This means that Apple shareholders will receive four…
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