The major US indices are closing sharply lower with the NASDAQ index and the small-cap Russell index down over 2% each. The cause: August 1 tariffs went into effect Jobs data came in much lower, with revisions the big contributor to the weakness News that the US was positioning nuclear subs in “appropriate regions” as … Read more
The July nonfarm payrolls report showed just 73K jobs added, sharply missing the 110K estimate, with major downward revisions to prior months:. May was revised down from 144,000 to 19,000—> -125,000 June was revised down from 147,000 to 14,000 —> -133,000 The unemployment rate ticked up to 4.2% from 4.1% last month. The sharp revisions … Read more
Oil rigs -5 at 410 Gas rigs +2 at 124 Total -2 at 540 Crude oil is sharply lower with the price down -2 dollars at $67.27. The low price reached $67.05. Looking at the hourly chart below, the price decline is testing its 200-hour moving average at $67.08. Earlier today, the price fell below … Read more
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more
Pres. Trump has posted a warning to Russia due to provocative statements from the former Pres. of Russia Dmitry Medvedev. He writes. Recall, Medvedev, now deputy chairman of Russia’s Security Council, criticized former U.S. President Donald Trump for issuing ultimatums aimed at Russia. In a message on X a few days ago, he wrote: “Each … Read more
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more
Stock heatmap by FinViz.com Fri, 01 Aug 2025 14:46:14 GMT The turbulence in the US stock market persists as tech stocks take a hit, while healthcare shows signs of strength. Investors may need to recalibrate strategies amidst this sector divergence. 🔍 Sector Overview Technology: The technology sector is feeling the pinch today, with prominent names … Read more
The sharp revisions in the lower-than-expected NFP, has sent the US dollar to downside. What did the price action due to the technicals? EURUSD: The 100-day moving average held as solid support, helped in large part by the reaction to the U.S. jobs report. The initial move lower took the pair down to the key … Read more
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more
“Jerome “Too Late” Powell, a stubborn MORON, must substantially lower interest rates, NOW. IF HE CONTINUES TO REFUSE, THE BOARD SHOULD ASSUME CONTROL, AND DO WHAT EVERYONE KNOWS HAS TO BE DONE!” This just continues his constant rhetoric and pressure against Powell over the last few months especially. At this point, markets are growing more … Read more
