Closing Recap U.S. stocks delivered an impressive performance to close the week, hitting fresh record highs on the back of a “Goldilocks” jobs report. The S&P 500 (+0.65% Friday) and Dow (+0.48%) rallied as Nonfarm Payrolls came in at +50k—soft enough to keep Fed cut hopes alive, yet strong enough (with Unemployment dropping to 4.4%)…
Closing Recap The first trading days of 2026 saw a choppy start for U.S. equities, reflecting the volatility of a new year. After a weak open, markets found footing late Friday, snapping a 4-day losing streak for the S&P 500 (+0.19% for the week). While the “Magnificent Seven” led the charge (Nvidia +3%, Micron +7%),…
Closing Recap U.S. equities finished the Christmas week strong, reaching a new all-time high but on a resilient note. While Friday saw some “Grinchy” price action with the sell button hit around 10 am, the major indices managed to preserve their weekly gains. The S&P 500 closed virtually flat (+0.03%) but remains just 1% shy…
Closing Recap U.S. stocks finished the week on a high note, shaking off a rocky start to stage a strong Friday rally. The “Santa Claus Rally” narrative took center stage as the S&P 500 (+0.88%) and Nasdaq (+1.31%) recovered from mid-week volatility triggered by rumors of Oracle/OpenAI delays. Despite a 10% drop in Nike (NKE)…
Closing Recap (Week Ending December 12) It was a week of sharp divergence on Wall Street. While the Dow Jones and Russell 2000 touched fresh record highs earlier in the week fueled by the Federal Reserve’s third rate cut of the year, the party ended abruptly for the Technology sector. A massive sell-off in AI…
Closing Recap (Week Ending December 5) U.S. stocks closed the week in positive territory, with the S&P 500 posting its 9th win in the last 10 sessions to finish just 25 points shy of a fresh all-time high. However, the bullish sentiment was not uniform across all assets. While equities ground higher on “soft” volumes…
Closing Recap (Week Ending November 28) U.S. stocks capped a “miraculous” week with a fifth straight day of gains, securing a massive weekly rally (Nasdaq +4.91%) despite a shortened holiday schedule and a major overnight trading outage at CME Group. In currency markets, the US Dollar posted its worst week since July as Fed cut…
Closing Recap (Week Ending November 21) U.S. stocks staged a late-week rally on Friday, driven by dovish Federal Reserve commentary and positive semiconductor news, but it wasn’t enough to erase losses for the week as major indices finished in negative territory. In currency markets, the US Dollar weakened against the Japanese Yen as BoJ Governor…
Closing Recap (Week Ending November 14th) U.S. stocks saw another volatile session on Friday, with a dramatic “buy the dip” rally off the lows failing to prevent major indices from closing out their third consecutive week of losses. In currency markets, the US Dollar was choppy but ended mostly firmer, with EUR/USD ending the week…
Closing Recap (Week Ending November 7th) U.S. stocks staged a dramatic afternoon reversal on Friday, bouncing nearly 100 points off their lows to finish mostly higher but this wasn’t enough to avert weekly losses, as dip-buyers emerged amid hopes for a deal to end the prolonged government shutdown. In currency markets, the US Dollar was…
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