The equity market had a strong start to the week. There was a broad rally on Monday and Tuesday as the market bought into the idea that the Fed would soften its approach sometime soon. However, sell off resumed in the final day of trading as rates pop after September jobs report. The 10-yr note yield rose 8 basis point on the week to 3.88%. The 2-yr note yield rose 10bps on the week to 4.30%. Notably, the stock market was able to hang onto some of its gains this week despite heavy losses on Friday. The S&P 500$S&P 500(.SPX)$ was up 1.5%; the Dow Jones Industrial Average$DJIA(DJIA)$ was up 2.0%; the Nasdaq Composite$NASDAQ(.IXIC)$ was up 0.7%.The latest U

S&P 500 (+1.8%) and Nasdaq (+2.0%) recorded solid gains for the week amid volatility faced in recent days.The war in Ukraine will again continue to weigh on the markets with any breakthrough on ceasefire unlikely to happen any time soon. Investors also will closely follow US payrolls report and personal consumption expenditures data for any clues on how fast the Fed will tighten the monetary policy.Here’s what you need to know to start your week.1. Nonfarm payrollsFriday’s nonfarm payrolls report for March could help markets get a sense of whether the Fed’s roadmap for rate hikes is too aggressive or not aggressive enough.Indications of continued strength in the labor market would underline the case for a more aggressive pace of rate hikes as the Fed battles to curb soaring inflation.T

$DJIA(.DJI)$ The first week of August ended up being another winning week for the stock market. There were some assumptions that the market would face selling pressure from mean revision after the huge move it made in July. The S&P 500$S&P 500(.SPX)$ and Nasdaq$NASDAQ(.IXIC)$ ended with +0.4% and +2.2% respectively.Wednesday’s July U.S. inflation data will be the main highlight this week after last Friday’s much stronger-than-anticipated jobs report quashed hopes that the Federal Reserve may relent in its aggressive campaign to tame the highest inflation in decades. Any indication that inflation is still not close to peaking could test the recent rally in U.S. st

 Major US stock indices extended losses over the week as August CPI report gave market participants a reality check. It renewed concerns about persistently high inflation, an aggressive Fed rate-hike path, and a potential hard landing that would undercut current earnings estimates.Nasdaq$NASDAQ(.IXIC)$ composite closed almost -5.5% lower, while S&P 500$S&P 500(.SPX)$ and the Dow$DJIA(.DJI)$ dropped -4.8% and -4.1%, respectively. This marks the fourth losing week out of the last five weeks for stocks and Tuesday’s sell-off was the fifth-largest point loss for the S&P 500 in history.Next week will be dominated by interest rates decisions by the major cent

It another losing week for the S&P 500$S&P 500(.SPX)$ despite a 2.6% gain on Thursday following the September CPI report. In the process, the S&P 500 fell to a new low for the year, closing at 3,583.U.S. earnings season gets underway against a background of worries that the Federal Reserve’s aggressive rate hike campaign could tip the economy into a recession. Investors will get an update on the U.S. housing market where the increase in borrowing costs has already led to cooling demand.Elsewhere, third quarter economic data out of China is likely to underline the challenges facing the world’s number two economy.Here’s what you need to know to start your week.1. EarningsThird-quarter earnings season gets underway with companies reportin

All major US indices ended lower with the S&P 500 dropped -2.75% last week. Market sentiment remained dominated by concerns of abrupt tightening in monetary policy due to lingering concerns of soaring inflation. Tech titans such as $Apple(AAPL)$, $Microsoft(MSFT)$, $Amazon.com(AMZN)$ and $Alphabet(GOOGL)$ will be reporting earnings in the coming week. Meanwhile, preliminary data for Q1 GDP growth will be released along with what will be closely watched inflation readings. Here’s what you need to know to start your week. 1. Big tech earnings Almost 180 companies listed in the S&P 500, worth approximately half of the ben

It was another winning week for the stock market amid thinner holiday trading conditions. S&P 500$S&P 500(.SPX)$ is up 1.5%, while tech heavy Nasdaq Composite$NASDAQ(.IXIC)$ also closed the week on a positive note with a gain of 0.7%. The gains were consistent with a seasonal bias considering the market normally trades with a positive disposition during Thanksgiving week.Friday’s U.S. jobs report for November will be the main highlight of the coming week as investors remain hopeful that the Federal Reserve will soon slow the pace of rate hikes. Remarks by Fed Chair Jerome Powell mid-week will be closely watched. PMI data will also be under the spotlight amid concerns over a resurgence of CO

Even after more than 10 years in refining my trading skill, I firmly believe that I am still in the development stage to reach a higher level. A recent example that highlights the distinction between an exceptional trader like @Qullamaggie and a good trader lies in trade management with CVNA $Carvana Co.(CVNA)$ . The ability to exhibit strong conviction and intuition sets apart a great trader, while a good trader diligently follows their strategy day in and day out. I sniffed a trading opportunity in CVNA as early as April and have repeatedly mentioned it in my daily market diary. Over the past two months, I engaged in five long trades on this stock, resulting in a cumulative loss of -3.5R. On May 30th, I sized up my position but decided to close

$DJIA(.DJI)$ $S&P 500(.SPX)$ $NASDAQ(.IXIC)$ $Invesco S&P 500 Equal Weight ETF(RSP)$ $Invesco QQQ Trust(QQQ)$ $Direxion NASDAQ 100 Equal Weighted Index Shares(QQQE)$ $Cboe Volatility Index(VIX)$ $iShares 3-7 Year Treasury Bond ETF(IEI)$ $iShares iBoxx $ High Yield Corporate Bond ETF(HYG)$

From a yearly percentage return perspective 2021 has been a personal best for me. I’ve been actively involved in the markets since late 2009 / early 2010 and since then I’ve been continuously honing and improving upon what defines me as a trader.Previous to joining the Art of Trading I had tried a few other services with not much success. What I was really seeking was a mentor of sorts. Art of Trading ended up being what I was looking for. The reason I wanted to join was because I had already spent so much time on my own looking at one angle of the market that I thought it would be more productive if I was able to mimic the style of someone else and build off of it. My end goal was to be able to take everything I liked about Stewie’s swing trading (Art of Trading), and mesh it into my day

The stock market had a strong week that saw the S&P 500$S&P 500(.SPX)$ , Dow$DJIA(DJIA)$ , and Nasdaq$NASDAQ(.IXIC)$ register gains of 4.7%, 4.9%, and 5.2%, respectively. With October coming to an end, the outlook for the world economy continues to deteriorate as central banks remain stuck to their tightening plans to tame stubbornly high inflation, leading to substantial deleveraging activity with US mortgage demands drops to 25-year low. This phenomenal is likely to spillover to other parts of the world.Investors now turn their focus to a busy week of earnings reports, with Alphabet$Alphabet(GOOG)$

23/3/2023 Market Diary -Indexes reacted +ve to FOMC Summary of Economic Projection, possibility of a pause in rate hike ahead-Sentiment shifted abruptly at live Q&A, Fed Chair acknowledged ongoing events inKBE$SPDR S&P Bank ETF(KBE)$grp not helpful -Bear flags in mkt under pressure$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust(QQQ)$ $iShares Russell 2000 ETF(IWM)$ $Universal Insurance(UVE)$ $Expion360 Inc.(XPON)$ $Indie Semiconductor Inc.(INDI)$ $

The Nasdaq Composite index$NASDAQ(.IXIC)$ rose 8.1% last week, for its biggest weekly percentage gain since March, while the S&P 500$S&P 500(.SPX)$  rose 5.9% and the Dow$DJIA(DJIA)$  added 4.15%. The main catalyst for the relief rally was the October CPI report, which came in better than expected and much better than feared. But the Fed is unlikely to be swayed by a single inflation print, and past rebounds fueled by Fed-related optimism have crumbled this year after discouraging economic data or pushback from policymakers. Moreover, inverted yield confirms that such a relief rally isn’t sustainable.In the coming week inves

Bear markets have two components: Price and Time. Price takes your money. Time takes your patience; all those rallies that turn out not to be the beginning of a new bull market, even though so many people think/wish they were, eventually just wear almost everybody out.You grow so much more as a trader in technical execution, risk management, and emotional control from cycle of corrections, than periods of market rally.Turn up daily, embrace the experience. you will thrive eventually.There is unquestionable euphoria with positive market swing over the last few sessions, but the quality trades have already affirmed its relative strength in the first 2 weeks of the month. The best stocks bottom before the marketHere are the hot stocks that I think are important today, and I want to show them

 The first half of what has been an exceptionally turbulent year in markets is ending (worst first half of the year in a decade), with investors wondering whether the next six months could bring some respite or more volatility. Major Indexes are down between-13.3%(Dow Jones Industrial) to-25.8%(Nasdaq) year-to-date. The rally effort last week points to similar technical characteristic of oversold bear rally that took place in the week on 20th May last month.The European Central Bank (ECB) will hold its annual retreat in Portugal (Sintra Forum), where President Christine Lagarde, along with Federal Reserve Chair Jerome Powell and Bank of England Governor Andrew Bailey will appear at a panel discussion on Wednesday. Investors will be seeking for clues on how the central banks view