Recent content by Delta1trader Technology

Market Report Wednesday 27th of May 2020 Equity futures are higher yet again and pointing to another day in positive territory for the companies listed on the major US indices. This despite the again loose cannon Donald Trump both threatening to shut down social media at the same time as he is...

Market Report Friday 22nd of May 2020 The equities sold off overnight on tension between China and Hong Kong, but this sell off was short lived and we are right back into positive territory for the Nasdaq 100 and about unchanged for the S&P500. So, the market is basically saying the Trump is...

Market Report Tuesday 21st of May 2020 The Nasdaq 100 futures is now only 4% off the all-time highs and the S&P 500 index was testing the 3000 level. Things look a bit better, however China has locked down another city and COVID19 problems are not all over yet. The slow opening process will...

Market Report Tuesday 19th of May 2020 Huge rebound in US equity indices last 3 sessions and we are now back to the highs seen after the COVID19 sell off. Everything is based on the FED and Central Bank support, which is great for avoiding a total fallout. However, keep in mind that there is...

Market Report Thursday 14th of May 2020 US equities is moving down lower again after failing to break above the key support levels earlier this week. The recent uptrend line is also broken, which could open for a deeper move lower back towards the breakout levels end of March, meaning 2634 in...

Market Report Tuesday 12th of May 2020 The Nasdaq 100 futures have been trying to break higher over the last few days, but failed to do so yesterday. Some negative news out also today with regards to tougher rhetoric from Trump vs. China on the trade deal and COVID19 blame game. There seems to...

Market Report Friday 8th of May 2020 The US nonfarm payrolls data came out at 20m and the unemployment rate at 14.7%. The overnight moves vs. the US sessions moves continues to be very unbalanced with another heavy gap up at the start of today’s Nasdaq 100 trading vs. yesterday’s close. The...

Market Report Thursday 7th of May 2020 The US weekly jobless claims came out at +3.17M vs the estimate of 3.0M today and that indicates the tomorrow’s nonfarm payrolls number will be pretty bad. The market expectation is for 21M lost jobs in April. I think we could see some selling in US...

Market Report Wednesday 6th of May 2020 The markets are starting to look forward to the Friday’s US nonfarm payrolls report, which is going to be absolutely terrible. However, the markets have already priced that in I reckon, so I don’t expect it to move the markets that much. We saw a...

Market Report Monday 4th of May 2020 News out over the weekend that Buffett sold out of all the airlines stocks made the US equities gap lower at the open in Asian session today. Buffett is likely to put those funds received from the sale, back to work in some other companies, which would be a...

Market Report Friday 1st of May 2020 European markets are closed today and the liquidity has been poor in the overnight and European sessions. Crude oil have been jumping around last 24 hours and there is lots of sudden spikes and drops, so the volatility to trade is certainly good, however...

Market Report Thursday 30th of April 2020 The Fed announcement was dovish yesterday as expected and they will do whatever they can to support the economy. The ECB followed up today with a similar type indication and will also do whatever they can to make sure Europe does not fall apart. The...

Market Report Wednesday 29th of April 2020 The focus will be on the FED meeting tonight and it is the first meeting for a while following the emergency cuts over the last few months. Expectations are low for any further moves on rates by the Fed for the next year or so. The press conference...

Market Report Tuesday 28th of April 2020 We have turn around Tuesday today and I expect to see some reversal movements in US equities. Equities is higher this morning and the small caps outperformed FANG stocks yesterday as funds were flowing out of FANG into anything else basically. The...

Market Report Monday 27th of April 2020 There is more Central Bank action this week and the Bank of Japan already started Last night the BOJ increased purchases of corporate debt and removed caps on sovereign debt. The ECB and FED meet this week as well and is expected to issue more whatever it...