All posts by Marvin Perry
Futures Market is Pointing to a Positive Open For Monday, May 16th Session
Today’s Open in the Futures Markets is another “tail wagging the dog” moment, with Bitcoin’s weekend rally serving as a catalyst for a possible rally in Futures Market at this week’s open. Dow Futures ($YM_F) is up +96.00 points. Nasdaq Futures ($NQ_F) is up +84.75 points, and S&P 500 Futures ($ES_F) is up +16.75 points […]
Continue readingIdentifying Intra-Day Ranges in a Tradeable Asset
Prior to the Wall Street Open, global investors were opting to close the week in search of yield & premium as risk assets remained positive, during both Asian & European sessions, on a combination of end-of-week short-covering, as well as less-hawkish statements from Fed Chair Jerome Powell. On Thursday, Powell reiterated that the central bank […]
Continue readingUsing Rate Differentials to Day Trade Forex Market
Prior to the New York Open, financial markets were moving quite ambiguously, with some risk-leaning assets moving higher, while others remained pegged to their opening ranges. But, despite this apparent market temperament, there were clear signs within currency markets that investors were favoring risk appetite, with high-beta, commodity-linked currencies trading to the upside versus their […]
Continue readingTrading Risk Assets in a Hyper-Hawkish Fed Policy Environment
Prior to the New York Opening Bell, market indicators were broadcasting ambiguity in risk-oriented assets, with US Future markets paring their gains from earlier in the session. Analysts & Investors were unwinding from some of their riskier positions ahead of the second batch of US inflation data, with the Producer Price Index (PPI) on the […]
Continue readingEUR/USD is Testing the 2022 YTD Low
EURUSD is currently testing the 2022 YTD Low at 1.0806. The EUR/USD has been in a clear downtrend on the back of diverging monetary policies between the ECB & FED, which has been influenced by signs of slower growth in the Eurozone, and rising rate hike expectations that is fueling the greenback (USD). On Thursday, […]
Continue readingMid-Day Wall Street Update – Tuesday, April 12, 2022
Wall Street is having a day of stock market gains, with the Nasdaq 100 index ($NDX) up +55.51 points (+0.41%) at the time of this writing, and is leading way for the $SPX, which is up +7.76 points (0.18%) and the $DJI, which is up +53.98 (0.16%). According to the US Market Barometer, investors are […]
Continue readingThe Stifling of Risk Trades During Monetary Policy Tightening
Risk Markets opened the week with a continuation of the sluggish mood from last week, as analysts attempt to digest concerns of slower growth, from the Shanghai Covid lockdowns, and the lingering War in Ukraine, while rising pricing pressures (inflation) remain persistent across the board. Risk trades have been stifled due to a combination of […]
Continue readingAre You Ready For A New Round of Market Volatility?
Greetings Traders! I hope all of you are excited for this new week of trading! This shortened week of trading, due to the upcoming Easter Holiday, will introduce a fresh round of volatility, as three major central banks will be releasing their monetary policy statements ahead of Friday’s market close. This week’s spotlight will fall […]
Continue readingWorst First Quarter Stock Market Closing Since 2020
US Stocks are poised to close the last trading day of the month in negative territory, as increasing inflation concerns, fighting in Ukraine, and fears of demand depression from China’s recent Covid lockdowns weigh on risk assets ahead of tomorrow’s Non-Farm Payroll Report. The US Stock Markets are set for the first losing & negative […]
Continue readingWhat Are Bond Markets Indicating Ahead of Fed Taper?
The first week of November will be rolling in with some major risk events that may have a profound effect on market sentiment for the remainder of the year. The month of October ended with a resurgence of bids in support of the US Dollar, as month-end rebalancing flows, and the dollar’s technical landscape preferred […]
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