Hello reader, hope you’re doing well. Despite a drop in the US markets on Tuesday, other Asian indices are giving positive signals, leading to expectations of a steady positive start in the markets. However, caution is expected to prevail due to the expiry of March derivative contracts today, a day earlier than usual because of […]
March 29, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Today’s trading session is expected to display initial positivity, inspired by encouraging signals from other Asian stock markets, despite a mixed performance from the US markets the previous night. Despite recent issues, there are signs that the financial problems facing major US and European banks may be diminishing, instilling
March 28, 2023 – Market Overview Read More »
Hello reader, hope you’ve had a good weekend. Nifty has opened with a gap up, bolstered by a positive performance in the SGX Nifty and the US markets on Friday. The benchmark Nifty is expected to reach the psychological level of 17,000 again, although traders should be cautious of potential fluctuations throughout the day, as
March 27, 2023 – Market Overview Read More »
Jesse Livermore is a name that has become synonymous with successful stock trading, but his life story is much more than just his accomplishments in the stock market. Born in 1877 in South Acton, Massachusetts, Livermore would go on to become one of the most famous traders in history, but his personal life was marked
Hello reader, hope you’re doing well. Today’s trading session is expected to begin with caution and a negative outlook due to the SGX Nifty’s weakness, continuing the trend of unpredictable market movements. Despite this, the US markets recorded steady gains overnight. A ray of hope is the decline in US Treasury yields, as investors increasingly
March 24, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Today, we’re seeing a gap down on opening, due to the weak performance of the US markets overnight following the Federal Reserve’s decision to raise interest rates by 25 basis points, in line with market expectations. Nevertheless, many of the Asian markets are displaying strength after the Federal Reserve
March 23, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. With the recent upside seen in Asian markets, it’s expected for our markets to open gap up, which has happened, and now we can see the gap being filled, as concerns about the global banking sector diminish. However, there may be some stagnant movement before the US Federal Reserve
March 22, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Early trades today are expected see a boost in local market sentiment due to a strong rebound in the overnight US markets. This comes as concerns over US banking issues are expected to subside and Credit Suisse’s acquisition by UBS is viewed positively, easing concerns about the global banking
March 21, 2023 – Market Overview Read More »
Hello reader, hope you’ve had a good weekend. Early trades today are expected to see a decline in the markets due to the weakness of other Asian markets following the Friday slump in US markets. Traders are in a difficult situation due to the ongoing anxiety in global financial markets caused by the collapse of
March 20, 2023 – Market Overview Read More »
Steve Cohen, born in 1956, is a billionaire hedge fund manager and art collector known for his aggressive trading strategies, controversial business practices, and extravagant lifestyle. He is the founder of Point72 Asset Management, a Connecticut-based hedge fund that manages over $22 billion in assets, and the owner of the New York Mets baseball team.
Steve Cohen: The Rise, Fall, and Resurgence of a Wall Street Titan Read More »