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    Steve posted an update a year ago

    a year ago

    The recent risk rally, albeit one that has been concentrated mostly in U.S. tech stocks, has taken many by surprise, but it may be close to coming to an end, analysts say.

    One of those is Jefferies’ Mohit Kumar, who says an end to the recent rally in equities – driven by a number of factors, including an agreement on the U.S. debt ceiling,…

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    ibechillin33, paulj23 and 3 others
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    Steve posted an update a year ago

    a year ago

    The U.S. Department of Energy’s Loan Programs Office announced a conditional commitment for a loan of up to $9.2B to BlueOval SK LLC for the construction of three manufacturing plants to produce batteries for Ford Motor Company’s future Ford and Lincoln electric vehicles. Together, the plants, one located in Tennessee and two in Kentucky,… Read more

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    Steve posted an update a year ago

    a year ago

    Fed Chair Powell has begun his testimony. The pause in June and the upshift in the dot plot showing projections of two more hikes is “entirely consistent,” fighting back against various criticisms of the FOMC’s posture. He repeated that it makes sense and was “prudent” for the Fed to move rates up at a more moderate pace given the… Read more

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    Steve posted an update a year ago

    a year ago

    FX Action: the DXY dollar index is chopping around the 102.500 region, amid numerous cross currents, especially as the markets position around various central bank activities. The buck is off of the recent peak of 104.326 (May 31) thanks to the anticipation of a pause at last week’s FOMC from May 31, but has held above above the 102.000… Read more

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    Steve posted an update a year ago

    a year ago

    Pro Tip-
    While there are many attributes great traders exhibit, these 5 rules are the easiest ones to highlight and implement for vast improvement.

    1. Simplify- most unsuccessful traders target too many plays at any given time. Choose a small few and manage them well!
    2. Trade Your Plan- The best way to learn and grow is to adjust to your mistakes. If…

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    Beau, swardzinski and 7 others
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