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Futures Power Hour - April 26, 2024 - Critical Technical Tests Loom

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Chris Vecchio and Ilya Spivak delve into market movements amidst a significant week ahead, highlighting key events such as Amazon earnings, a Federal Reserve meeting, and the non-farm payroll report. They discuss technical levels in various indices, particularly focusing on the NASDAQ's modest gains post-Microsoft and Google earnings. Vecchio and Spivak shift to bond movements and technical patterns suggesting critical upcoming tests for both bulls and bears in the equity markets. Despite geopolitical tensions and inflation concerns, gold and silver prices are noted to hold firm, indicating a higher market floor for metals. The discussion includes a detailed analysis of crude oil's resilience and the Japanese yen's substantial drop, allocating caution toward trading amidst these uncertainties. The segment ends with a brief educational note on types of margin in futures trading, emphasizing risk management.

  continue reading

891 episoade

Artwork
iconDistribuie
 
Manage episode 414792019 series 68544
Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Chris Vecchio and Ilya Spivak delve into market movements amidst a significant week ahead, highlighting key events such as Amazon earnings, a Federal Reserve meeting, and the non-farm payroll report. They discuss technical levels in various indices, particularly focusing on the NASDAQ's modest gains post-Microsoft and Google earnings. Vecchio and Spivak shift to bond movements and technical patterns suggesting critical upcoming tests for both bulls and bears in the equity markets. Despite geopolitical tensions and inflation concerns, gold and silver prices are noted to hold firm, indicating a higher market floor for metals. The discussion includes a detailed analysis of crude oil's resilience and the Japanese yen's substantial drop, allocating caution toward trading amidst these uncertainties. The segment ends with a brief educational note on types of margin in futures trading, emphasizing risk management.

  continue reading

891 episoade

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