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…
Closing Recap (Week Ending October 31) U.S. stocks capped another strong week with fresh record highs for the S&P 500, Dow, and Nasdaq, fueled by a dovish Federal Reserve rate cut and a significant de-escalation in US-China trade tensions following a meeting between Presidents Trump and Xi. In currency markets, the US Dollar rallied on…
Closing Recap (Week Ending October 24) U.S. stocks capped another strong week with fresh record highs for the S&P 500, Dow, and Nasdaq, fueled by cooling inflation data that cemented expectations for further Fed rate cuts. In currency markets, the US Dollar was mixed but generally firmer against the euro and yen, with EUR/USD slipping,…
Closing Recap (Week Ending October 17th) U.S. stocks finished a choppy week with a modest Friday rally as President Trump softened his rhetoric on China tariffs, allowing dip-buyers to step in. In currency markets, the US Dollar saw a volatile week, ending with a slight gain as EUR/USD eased from two-week highs, GBP/USD also retreated,…
Closing Recap (Week Ending October 10) U.S. stocks suffered their biggest weekly losses since spring, plunging on Friday after President Trump reignited the trade war with China, canceling a planned meeting with President Xi and threatening massive new tariffs. In currency markets, the US Dollar saw a volatile week, with EUR/USD rebounding Friday on the…
Closing Recap (Week Ending October 3) U.S. stocks posted another week of gains, with the S&P 500 rising for the sixth straight day, as markets shrugged off a partial U.S. government shutdown and signs of economic slowing, buoyed instead by relentless AI optimism. In currency markets, the US Dollar retreated, posting multi-week losses as the…
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…
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