September 29, 2021 8:49 am
In the last US trading session the bears ruled, sending the Dow with 1.66% to 34292.21, the S&P down with 2.05% to 4352.03 and the Nasdaq Composite down to 422.27, shedding off 2.82% from its market value. The 10 year Ts are continuing to climb to a 3 month hi, reaching 1.558%. All sectors and […]
Read moreSeptember 28, 2021 6:19 am
The market ended mixed yesterday with Dow Jones, S&P500, Nasdaq, Gold, Crude Oil and Bitcoin with 0.20%, -.28%, -.52%, flat, 0.9%, -3.1% respectively and a multy-colored picture in the stock sectors. The VIX , volatility index, which can be traded as VXX ETF on BATs exchange, has gained almost 1%. In the forthcoming days, as […]
Read moreSeptember 27, 2021 6:54 am
The last trading week was torn up between pretty big events such as the FOMC meeting, the Chinese Evergrande giant pending for bankruptcy, and the cryptocurrency transactions ban in China. The fears for world contagion risks from Evergrande are perceived in a pretty calm manner from traders and investors so far, but the Chinese government […]
Read moreSeptember 24, 2021 6:12 am
After a breakdown of the press conference and the FOMC statement, it turns out that a considerable amount of members are prone to tightening of the easy liquidity in 2022. Nine out of 18 governors in the Committee are set for an interest rate increase in 2022, by contrast of June statements for a pending […]
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