About: anakin

Being a trader is not an easy job because you need to learn all the strategies necessary to help you make the right decisions on every trading day. One of these is knowing how to predict market turning points. Although the market can shift quickly, predictions will give you a better chance of getting goodContinue Reading

U.S. equities retreated throughout yesterday’s trading. The Dow Jones Industrial Average lost 0.14% to close at 30273.87. The S&P 500 lost 0.2% to close at 3783.28. The Nasdaq composite slipped 0.25% to close at 11148.64.  U.S. ADP nonfarm employment change printed 208K, beating estimates of 185K. The ISM non-manufacturing PMI came in at 56.7, lowerContinue Reading

The U.S. stocks market rose for a second straight session on Tuesday as investors hoped that the Federal Reserve may ease its aggressive tightening stance in response to employment data. The S&P 500 climbed 112 points (+2.90%) to 3,790, while the Nasdaq 100 surged 352 points (+2.93%) to 11,582 and the Dow Jones Industrial AverageContinue Reading

U.S. stocks rallied on the first trading day of the month. The Dow Jones Industrial Average rose 765.38 points to close at 29,490.89. The S&P 500 gained 2.6% to close at 3678.43. The Nasdaq Composite rose 2.3% to close at 10,815.43. The benchmark U.S. 10-year treasury yield fell below 3.7% and was last seen tradingContinue Reading

U.S. equities have continued to edge lower on the last trading day of the week. The benchmark U.S. 10-year treasury yield recovered above 3.8% as short-term interest rate expectations continue to rise. The Dow Jones Industrial Average lost 1.71%, the S&P 500 slid 1.51%, and the Nasdaq composite lost 1.51%. U.S. equities have suffered theirContinue Reading