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Markets Ahead

Taking a look at the charts, together with the macroeconomic scenario, it is hard not to forecast the beginning of another selling frenzy soon...

Next week we'll have developments regarding the natural gas markets in Europe, and GDP data coming from the USA and EU.

As usual, the big cap and most volatile stocks may pull down the NASDAQ 100 faster than the other indices.

Make your own diligence. This is not investment advice.


NASDAQ 100

 

 

S&P 500

 

 

RUSSEL 2000


Charts: Trading View

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Week in Review: 4-8 November 2024 - Trump Wins!!!

Financial Markets For the week, the main stock market indices were UP, with the S&P500 gaining 4.7% and the NASDAQ 100 5.4% in the green. The small cap index (Russel 2000) got pumped by 8.7%. Precious metals are retracing a bit these days. Gold and silver fell 1.9% and 3.5%, respectively. Recently, silver broke below 32$ and is now probably going towards the 30$ level. WTI is around the 70$ level, which is short-term support. Oil will likely trade sideways in the near future (68-72$). Bitcoin spiked 17% this week, breaking above the 74k level. It can re-test this level again before continuing to the upside (or breaking back below!). The relative strength of the US dollar (DXY) was up by 0.6%. The EUR/USD is around 1.07$, the GBP/USD is at 1.29$, and the USD/JPY is at 152.6 JPY. US M2 money supply at the date of 30th September 2024 was up by 0.38%. The national financial conditions index (NFCI) for the week of 28th October 2024 tightened by 1.4% and doesn't transla...

Week in Review: 25-29 November 2024

Financial Markets For the week, the main stock market indices were up, with the S&P500 gaining 1.1% and the NASDAQ 100 0.7% in the green. The small cap index (Russel 2000) gained 1.1%. Precious metals are on the lower range of the current trading channel. Gold and silver fell 2.4% and 2.3%, respectively. The metals need to defend the current levels, otherwise we must turn bearish. WTI fell 4.2% and is holding the 68$ level. Oil will likely trade sideways in the near future (67-72$). Bitcoin is around 97000$ and seems like it will have some trouble going above 100k... The relative strength of the US dollar (DXY) hit resistance and fell to ~106. The EUR/USD is around 1.05$, the GBP/USD is at 1.27$, and the USD/JPY is at 149.7 JPY. US M2 money supply at the date of 28th October 2024 was up by 0.42%. The national financial conditions index (NFCI) for the week of 18th November 2024 loosened by 5.1% and doesn't translate signs of financial stress in the markets. US b...

Week in Review: 24-28 March 2025

Financial Markets This week the S&P500 and the NASDAQ 100 re-tested support, losing 1.5% and 2.4%, respectively. The small cap index (Russel 2000) was down by 2.3%. Trading volumes were average during the week but declined on Friday. Precious metals remain strong. Gold continues making new all-time-highs - now at 3084$/oz. Silver gained 3.3% and is going to re-test the 34-35$ level again. WTI is still close to support and went up by 1.1% to ~69$/bbl. If it continues falling, the next support levels are at 64 and 62$. Bitcoin fell 4.3%, contradicting the previous week's move. It is essentially trading sideways, like the equity market. The key resistance and support levels on Bitcoin, for the short term, are 92k$ and 72-74k$, respectively. The relative strength of the US dollar (DXY) was essentially unchanged and is still at 104. The EUR/USD is around 1.082$, the GBP/USD is at 1.294$, and the USD/JPY is at 149.82 JPY. US M2 money supply at the date of 24th February 2025 w...