Market On Open - Wednesday 18 October
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Digestion Working Just Fine
Monday's big move up saw some selling to follow Tuesday, but even the headlines about further trade limitations re. the US semiconductor industry and China couldn't keep the Nasdaq down at the lows for long. The day closed with the Russell up markedly. We believe the market to look bullish across all indices heading into the thick of earnings season - hour by hour day by day anything can happen of course, but we continue to see all time highs in the S&P500 and the Nasdaq - and maybe the Dow - in view within months.
Paying members, scroll right down for our latest take on markets. As always we look at the 10-year yield, the S&P500, Nasdaq-100, Dow Jones and the Russell 2000; we consider long-term and short-term outlooks, and we lay out staff personal account trading plans in each of the indices. We add Bitcoin and Ether futures pricing for good measure.
Price Rises Coming Soon For New Joiners
Want to sign up as a paying member? Our 'Extended' 6-year membership pricing rises 1 November; Annual and Monthly memberships rise 1 December, so, now's a great time to beat the raise.
If you currently pay monthly, and want to move to annual, or if you're on a monthly or annual subscription and you want to move to Extended, same logic applies.