Closing Recap (Week Ending September 26) U.S. stocks saw a strong Friday rebound, snapping a three-day losing streak, but it wasn’t enough to prevent major indices from ending the week in negative territory for the first time in a month. In currency markets, the US Dollar saw a volatile week driven by Fed expectations and…
Closing Recap (Week Ending September 19) U.S. stocks continued their incredible run, with all four major indices hitting new record highs this week, propelled by a dovish Federal Reserve that cut interest rates by 25 basis points and signaled more easing to come. In currency markets, the US Dollar rebounded from four-year lows post-Fed as…
Closing Recap (Week Ending September 12) U.S. stocks finished a quiet Friday with modest losses but secured another week of gains, holding near all-time highs as investors brace for a pivotal Federal Reserve policy meeting. In currency markets, the US Dollar was choppy and had a rough week, but ended mostly higher on Friday after…
Closing Recap (Week Ending September 5th) U.S. stocks pulled back sharply on Friday after a much weaker-than-expected August jobs report intensified fears of a slowing economy, cementing expectations for an imminent Federal Reserve interest rate cut. The US Dollar and Treasury yields tumbled on the news, while gold surged to a new all-time high, oil…
Closing Recap (Week Ending August 29) U.S. stocks finished higher for the week, though Friday saw a pullback led by technology following disappointing sector news. In-line inflation data kept September rate cut expectations high, supporting gold prices, while the US dollar held steady against major currencies and Bitcoin struggled below $110,000. Key Takeaways Looking Ahead…
Closing Recap (Week Ending August 22) U.S. stocks surged on Friday, with the Dow hitting a new record high, after Federal Reserve Chair Jerome Powell’s dovish-leaning comments at the Jackson Hole symposium ignited a powerful rally and sent September rate cut expectations soaring. The US Dollar tumbled in response, boosting gold, oil, and Bitcoin, which…
Closing Recap (Week Ending August 15) U.S. stocks finished a choppy week with the Dow posting a record high Friday thanks to a surge in UNH, while the S&P 500 and Nasdaq ended mostly flat as investors digested mixed inflation data and a high-stakes summit between President Trump and Russian President Putin in Alaska that…
Closing Recap (Week Ending August 8th) U.S. stocks continued their relentless rally, with the Nasdaq notching another record high and major indices finishing with strong weekly gains, fueled by an excellent earnings season and a surprisingly manageable tariff situation. In other markets, gold surged to a new record high after the U.S. imposed tariffs on…
Closing Recap (Week Ending August 1st) U.S. stocks fell sharply on Friday to start the new month, as a much weaker-than-expected July jobs report, combined with renewed tariff threats from President Trump, spooked investors. The negative data and trade headlines sent the dollar and Treasury yields lower while boosting gold prices, as markets aggressively priced…
Closing Recap (Week Ending July 25) U.S. stocks continued their deliberate “melt-up,” with the S&P 500 and Nasdaq closing at all-time highs for the week, driven by optimism over the economic outlook and progress on trade deals. Elsewhere, the US Dollar gained strength, pressuring gold and oil prices lower, while Bitcoin fell on Friday amid…
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