This is dovish on the margin:one-year expected inflation to 3.2% vs 3.4% priorThree year inflation unchanged at 3.0%Five year inflation unchanged at 5.0%Households’ labor market outlook was mostly negativePerception of current financial situation worsenedExpectation of future financial situation declinedThe market remains in a poor mood with the S&P 500 down 1.0% This article was written by Adam Button at investinglive.com. 🔗 Source 💡 DMK Insight Inflation expectations are cooling slightly, but the broader market sentiment is still grim. The drop in one-year expected inflation from 3.4% to 3.2% might seem like a win, but with three- and five-year expectations holding steady, it signals that traders are still bracing for persistent inflation. This dovish shift could influence the Fed’s next moves, but the negative labor market outlook and worsening perceptions of financial situations are weighing heavily on investor sentiment. With the S&P 500 already down, this could trigger further selling pressure, especially among retail traders who might panic in a bearish environment. Watch for key support levels in the S&P 500; if it breaks below recent lows, we could see a cascade effect across equities and correlated assets like commodities. Here’s the thing: while the inflation data might suggest a slowing pace of price increases, the underlying economic sentiment is shaky. Traders should keep an eye on upcoming economic indicators and Fed communications for clues on interest rate adjustments. The immediate focus should be on the S&P 500’s performance; a breach of significant support could lead to a deeper correction. 📮 Takeaway Monitor the S&P 500 closely; a break below recent support could trigger further declines in the market.

A tough week in US stock markets is getting tougher by the minutes. The S&P 500 is at the lows of the day, down 1.1% to 6646. That’s the loweset since Oct 17 as the late-October low is cracked and more stops are hit.The index is down 2.8% on the week compared to the Nasdaq down 4.6%.The real pain is in some of the high flyers with some Mag7 names down hard, including Meta, which is now down 24% from its record high. This article was written by Adam Button at investinglive.com. 🔗 Source 💡 DMK Insight The S&P 500 just hit a new low, and here’s why that matters: breaking below 6646 could trigger further selling pressure. With the index down 2.8% this week, traders need to watch for potential cascading effects as stop-loss orders get triggered. This kind of movement often leads to increased volatility, especially if we see a rush of retail investors panicking. The broader market context shows that sentiment is shaky, and economic indicators like inflation and interest rates are still looming large. If the S&P can’t reclaim the 6700 level soon, we might see a deeper correction, possibly testing the October lows again. But don’t overlook the flip side—if the index finds support around these levels, it could set up a bounce. Keep an eye on volume and market breadth for clues. Watch for any news that could shift sentiment, especially from the Fed or economic data releases in the coming days. 📮 Takeaway Watch the S&P 500 closely; a failure to reclaim 6700 could lead to more downside, while support around 6646 is critical for a potential bounce.

The EURUSD started the US session with the price higher and just above the broken 200 hour MA near 1.15525. Buyers on the dip in the early trading, defended that level and that has led to increased upside momentum with new highs for the week. The price has also moved to the next key target area defined by the 61.8% and the high of a swing area at 1.1591 where sellers leaned. In the video, I take a look at the technicals in play and look to answer “What next?” This article was written by Greg Michalowski at investinglive.com. 🔗 Source 💡 DMK Insight EURUSD’s bounce above the 200-hour MA at 1.15525 signals bullish momentum, and here’s why that matters: Traders are seeing a solid defense of this key level, which often indicates a shift in sentiment. The recent price action suggests that buyers are stepping in, pushing the pair to new weekly highs. This could attract more buying interest, especially if the momentum continues. Keep an eye on the 1.1600 psychological level as a potential target, which could act as resistance. If the pair breaks above this, it might trigger further bullish positions. On the flip side, if we see a reversal back below the 200-hour MA, it could signal a false breakout, leading to a potential sell-off. Watch for any economic data releases that could impact the Euro or USD, as these could create volatility. For now, the immediate focus should be on maintaining positions above the 200-hour MA and monitoring the 1.1600 level closely for signs of continuation or reversal. 📮 Takeaway Watch for EURUSD to hold above 1.15525; a break above 1.1600 could signal further upside momentum.

Gold has been a real battle this week as it consolidates around $4000 but it’s taken a quick trip to the best levels since Monday. It quickly rose to $4025 from $3990 in the past few minutes. It needs to get above the Oct 30 high of $4047 (call it $4050) to clear this consolidation zone but this is a better finish to the week if it can hold here.There wasn’t any real catalyst for this but the US dollar is soft and Treasury yields are near the lows of the day. The market could be sniffing out a Fed cut in December as the US government shutdown drags on and we miss another non-farm payrolls report. The UMich consumer sentiment data today was also poor, is it fell to the lowest since June 2022. This article was written by Adam Button at investinglive.com. 🔗 Source 💡 DMK Insight Gold’s recent bounce to $4025 is a critical moment for traders looking to capitalize on volatility. With the price hovering near key resistance at $4047, a breakout could signal a bullish trend, attracting both retail and institutional buyers. If gold can maintain momentum above this level, it might trigger a wave of buying, pushing prices higher and potentially impacting correlated assets like silver and precious metal ETFs. On the flip side, if it fails to break through, we could see a retracement back towards the $3990 support level, which would be a signal for short positions. Keep an eye on the daily chart for volume spikes around these levels, as they could indicate market sentiment shifts. Also, monitor the broader economic indicators, especially any shifts in interest rates or inflation data, which could further influence gold’s trajectory in the coming weeks. 📮 Takeaway Watch for gold to break above $4047; a failure to do so could lead to a drop back to $3990.

Closing changes for the main European bourses:Stoxx 600 -0.6%German DAX -0.75%France CAC -0.3%UK FTSE 100 -0.6%Spain IBEX -1.45%Italy’s FTSE MIB -0.4%On the week:Stoxx 600 -1.3%German DAX -1.3%France CAC -2.2%UK FTSE 100 -0.4%Spain IBEX -0.9% This article was written by Adam Button at investinglive.com. 🔗 Source 💡 DMK Insight European markets are feeling the heat, and here’s why that matters for traders: With the Stoxx 600 down 1.3% this week and major indices like the German DAX and France CAC also in the red, it signals a broader risk-off sentiment that could spill over into other asset classes, including cryptocurrencies like ADA, currently at $0.58. Traders should be cautious as this downturn may lead to increased volatility, especially if economic indicators continue to disappoint. Keep an eye on the correlation between European equities and crypto; a sustained decline in stocks might push investors towards safer assets, impacting liquidity in the crypto market. But here’s the flip side: if ADA can hold above key support levels, it might attract buyers looking for value in a bearish environment. Watch for ADA to maintain its footing above $0.55; a break below could trigger further selling pressure. As we head into the weekend, monitor any news from the Eurozone that could sway market sentiment, as it could provide a catalyst for either a rebound or further declines. 📮 Takeaway Watch ADA closely; if it holds above $0.55, it could signal buying interest despite broader market declines.

It’s an ugly one in stocks as a mid-morning attempt to find a bottom has clearly failed. The Nasdaq Composite is at a session low, down 2% and that leaves the index down 4.9% on the week, which is the worst one since late March.The trend isn’t exactly broken but it will need ot make a stand here.Notable laggards:TSLA -4.9%AVGO -4.9%MU -4.6%NVDA -4.1%GOOG -3.4%META -2.1%The big winner on the day is Expedia, up 17% as it raised its outlook on strong travel demand. I continue to believe that boomers and the wealthy traveling more is one best secular trades out there.Another notable loser today is Archer Aviation, which was something of a meme stock. It’s down 19% today and has been cut in half since Oct 16. This article was written by Adam Button at investinglive.com. 🔗 Source 💡 DMK Insight The Nasdaq’s 2% drop today signals deeper market concerns, especially with a 4.9% weekly decline—its worst since March. This isn’t just a blip; it reflects broader investor anxiety, likely fueled by rising interest rates and inflation fears. Traders should be wary of the psychological impact of this downturn, as it may lead to further selling pressure. Key support levels around recent lows will be critical to watch; if they break, we could see a cascade effect across tech stocks and related sectors. Keep an eye on the S&P 500 as well, which often moves in tandem with the Nasdaq. A continued decline could trigger stop-loss orders and exacerbate volatility. On the flip side, this could present a buying opportunity for those looking to capitalize on oversold conditions. However, caution is warranted—monitor the daily charts for any signs of a reversal before jumping in. Watch for a potential bounce around key Fibonacci retracement levels, which could indicate a temporary bottom. 📮 Takeaway Watch for key support levels in the Nasdaq; a break could lead to increased volatility and further declines, while a bounce might signal a buying opportunity.

The broader U.S. stock indices are breaking lower, slipping beneath their 50-day moving averages — a technical development not seen since early May following the April selloff. The move marks a shift in momentum and puts sellers back in control of the near-term bias.For the NASDAQ index, the 50-day moving average sits at 22,657.35, with today’s low reaching 22,563.42. A sustained move back above that level would be needed to ease selling pressure and offer buyers some hope. Until then, sellers remain in control, and further corrective action is likely.The next downside target comes near 22,044.43, corresponding to the swing lows from late September and mid-October. Below that, the 100-day moving average, currently rising near 21,770.55, would become the next key support level to watch.For the S&P 500, the index has also broken below its 50-day moving average, currently at 6,668.76 — the first such breach since early May. Remaining below that level would keep the focus on the September-to-October lows near 6,550.79, followed by the 100-day moving average at 6,487.71 as a deeper target.The NASDAQ is on pace for its worst week since March 31, down 4.4%, while the S&P 500 is off 2.65%, also heading for its steepest weekly loss since late March. The technical damage is notable, and for now, buyers have their work cut out for them if they want to shift the tone back in their favor. This article was written by Greg Michalowski at investinglive.com. 🔗 Source

As the shutdown is in day 38, the threat for Pres. Trump and the GOP is that suddenly the eye is off the ball and people are noticing. While the people are hurting and want to get paid and back to work (they will be paid at some point but work is slowing down), he is talking about Ukraine and RussiaAdmittedly he is meeting with Hungary’s Orban. Nevertheless he saysWe will talk, trade, energy, Ukraine with Hungary’s OrbanLooking at exemptions for Hungary from sanctions on Russian oil.Hungary’s Orban has not made a mistake on immigrationWe are talking about meetings with Putin Think EU should respect Hungary.The basic dispute with Russia is they don’t want to stop war in UkraineWould like to keep meeting with Putin in BudapestWe agree that war in Ukraine will end in not to distance future.Says Inflation is at a perfect number. Hungary is reliant on Russian oil. The thought was that to pressure Russia toward peace, you have to cut off the avenues for their oil. So who knows, but what is more evident is the domestic US economy is under pressure from the government shutdown and the K economy really hurting the middle to lower class. In addition, Trump is not exactly winning overseas – there is still tension in the middle east, China is saying that rare earth agreement may not be the same as the US. So the losses are mounting. That could spell trouble down the road. Maybe he has plans to run for the Pres. of the World in 2028? This article was written by Greg Michalowski at investinglive.com. 🔗 Source

On Tuesday, the AUDUSD fell sharply with the US stocks tumbling lower. On Wednesday, the pair moved higher as stocks corrected some of the declines. Yesterday, it was back down as stocks slid again. Today with the stocks falling again, the AUDUSD has not moved lower, but is trading up and down within a technical range. The price action is diverging from the recent norm.In the video above, I take a look at the AUDUSD pair from a technical perspective and outline the key levels in play as traders take a breather from the risk-off/risk-on price action. This article was written by Greg Michalowski at investinglive.com. 🔗 Source 💡 DMK Insight The AUDUSD’s recent volatility reflects broader market sentiment, and here’s why that matters for traders: As US stocks have fluctuated, the AUDUSD has shown resilience, moving higher even as equities fell. This divergence suggests that traders might be positioning for a potential reversal or are reacting to different economic signals. Keep an eye on the correlation between the AUDUSD and US stock indices; if stocks continue to decline but the AUDUSD holds its ground, it could indicate underlying strength in the Australian dollar or a shift in risk appetite. Conversely, if the AUDUSD starts to drop alongside stocks, it could signal a broader risk-off sentiment. For actionable intelligence, monitor key levels around recent highs and lows in the AUDUSD. If it breaks above its recent resistance, it could attract more bullish sentiment. Watch for the upcoming economic data releases from both the US and Australia, as these could provide further direction. The interplay between stock performance and currency movements is crucial right now, and traders should be ready to adjust their strategies accordingly. 📮 Takeaway Watch the AUDUSD closely; if it breaks above recent resistance while stocks slide, it may signal a bullish reversal.

Shares of ASPI are jumping today after a report that the sons of Donald Trump — Eric and Don Jr — invested in the convertible notes of its subsidiary. Quantum Leap Energy is wholly owned by ASPI and raised about $64.3 billion, according to Bloomberg. Among those investors were Trump’s sons and naturally, shares of the parent company are up 20%.The notes value the company at $400 million, which is about half of ASPI’s market cap, so it certainly moves the needle for the company. Quantum Leap Energy sounds like it might be related to quantum computing — which is a meme of its own — but it’s a uranium enrichment company.Trump’s sons have also invested in rare earths and — no surprise — the government is wholly backing that industry. Another investment was in Hadrian, a company that builds factories for aerospace and defense manufacturers.The report doesn’t say how much the sons invested but it’s clear we’re now in an India-like investment regime where the companies directly connected to the government’s family and friends make large gains and losses depending on the election results. This article was written by Adam Button at investinglive.com. 🔗 Source 💡 DMK Insight ASPI’s stock surge is tied to high-profile investments, but here’s why traders should be cautious. The reported investment by Eric and Don Jr. Trump in Quantum Leap Energy’s convertible notes, which raised a staggering $64.3 billion, could signal confidence in ASPI’s future. However, the hype surrounding celebrity endorsements can often lead to volatility. Traders should be wary of potential price corrections as the initial excitement fades. It’s crucial to monitor ASPI’s technical levels; a break above recent highs could indicate a sustained rally, while failure to hold gains might trigger profit-taking. Keep an eye on broader market sentiment, especially in energy sectors, as this could influence ASPI’s performance. On the flip side, the influx of capital from notable investors might attract institutional interest, potentially stabilizing the stock. But remember, the market can be fickle, and speculative trading can lead to sharp reversals. Watch for key support levels and any news that might impact investor sentiment in the coming days. 📮 Takeaway Traders should monitor ASPI’s price action closely; a break above recent highs could signal further gains, while failure to hold could lead to a pullback.