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Recent Posts by davin

The S&P 500 saw a slight dip before opening, then experienced steady retail buying.

The S&P 500 bounced back after an initial dip, with strong retail buying. With key stocks performing well and low volatility, now’s the time to consider long positions before year-end. – vtmarketsmy.com

British Pound experiences slight decline against Japanese Yen due to limited holiday trading conditions

GBP/JPY stays near multi-year highs at 210.60, driven by Yen weakness and economic policies. Caution advised as overbought signals hint at potential consolidation or slight pullbacks ahead. – vtmarketsmy.com

EUR/GBP faces pressure around 0.8725 as the Pound strengthens following BoE’s outlook

The EUR/GBP pair drops to 0.8725 as the Bank of England’s cautious rate cut strengthens the Pound. Meanwhile, limited ECB rate cut predictions keep the Euro steady, creating a gradual downward trend. – vtmarketsmy.com

Unemployment rate in Mexico rises to 2.7% from 2.6%

Mexico’s jobless rate rose to 2.7% in November. Gold and Bitcoin faced fluctuations amid holiday trading, while economic forecasts suggest stable growth for advanced countries ahead. Explore strategic trading options! – vtmarketsmy.com

MBA mortgage applications in the United States decreased to -5%, a drop from the previous -3.8%

Mortgage applications in the U.S. decline, gold pulls back from highs, and Bitcoin faces ETF outflows. As markets cool, strategies like selling puts on S&P 500 may offer lucrative opportunities. – vtmarketsmy.com

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