Market Spotlight: Sainsbury Stock Falls Despite Profits Update
Better Q4 Profits Seen Shares in J Sainsbury, the UK’s second-largest supermarket, are trading lower today despite a better profit outlook for Q4. The group recorded a 7.1% spike in sales in the six weeks leading up to January, while the 16 weeks through to January were 5.2% higher than the previous year. The World […]
HFM’s Outlook 2023: US Stock Market and US500
US Stock Market and US500 – 2023 Outlook The Fed’s monetary tightening in an effort to curb soaring inflation and the resultant recession risk have not been friendly to the stock market in 2022. The US500 has undergone its worst year in more than a decade, with the first double-digit percentage annual loss (-38.4%) since […]
How To Develop A Winning Trader’s Mindset » Learn To Trade The Market
Are you ready to stop toying around and start making a serious attempt at trading profitably? If you want to trade with the big boys you will have to act like a big boy and stop behaving like a child in the market. That’s right, today’s lesson is a no-holds-barred in-your-face mother-load of brutal honesty […]
Market braces for EURUSD breakout of 1.08 as risk of inflation easing grows in US
Cautious optimism remains in the currency markets regarding the idea that the signs of the US losing growth momentum will force the Fed to tap the breaks on monetary tightening and prepare markets for an easing cycle. Easing Covid policy in China is also supportive for market sentiment as investors price in a rising Chinese […]
Midweek Market Overview – January Week 2
The Dollar continues to retreat on the back of Chair Powell’s speech & ahead of US CPI data this week Dollar The Dollar finds itself bouncing off a 7-month low midweek, on the back of an important speech by FED chair Jerome Powell. The speech failed to inspire bullish impetus, mainly because it lacked any […]
What I Wish I Knew About Trading 18 Years Ago » Learn To Trade The Market
Have you ever wished you had a time machine so you could go back in time and avoid all the costly mistakes you made early-on in your trading career? Unfortunately, there is no time machine, but for all you beginning traders out there, you have the enormous advantage of being able to learn from those […]
Daily Market Outlook, January 11, 2023
Daily Market Outlook, January 11, 2023 Markets Marking Time Ahead of US Inflation DataInvestors remain upbeat but cautious ahead of tomorrow's US Inflation data. Asian equity markets once again picked up the positivity baton from Wall Street, with Asian equities pushing six-month highs, regional risk-on sentiment remains supported by the promise of a rebound in Chinese […]
Market Update – January 11 – Dollar stands still ahead of Thursday’s CPI
Treasuries were more unidirectional while Yields have crept higher led by the long end. The curve has bear steepened to -65.6 bps from -68 bps Monday and -74 bps before Friday’s data. Wall Street was very choppy, trading either side of unchanged, after a positive opening. Chair Powell did not […]
Why You Need To Protect Your Trading Account Balance & How To Do It » Learn To Trade The Market
Your trading account balance matters much more as you advance in your trading skill than when you’re beginning, yet in order to advance and learn you must risk real money, which in the early-days can be risky and lead to significant damage to your account. Seems like some type of “cruel” paradox, right? What good […]
13 Quotes That Will Transform Your Trading » Learn To Trade The Market
We all need a little trading inspiration from time to time, what better way to get that than to ponder on quotes from some of the greatest traders of all time? I have read many trading books and biographies of famous traders that have helped me tremendously over the years. Some of their quotes have […]