NASDAQ 100 traders sent this market much lower during the trading session on Friday, perhaps possibly due to Tesla or Amazon being sold off.
Blogs
AUD/USD Forecast: Showing Signs of Exhaustion – 04 May 2020
The Australian dollar broke down significantly during the trading session on Friday, as we broke down below the 0.65 handle.
Silver Forecast: Markets Likely to Bounce – 04 May 2020
Silver markets initially dipped during the trading session on Friday but found enough support underneath the $15 level to turn things around.
WTI Crude Oil Forecast: Testing Major Resistance Above – 04 May 2020
The West Texas Intermediate Crude Oil market rallied a bit during the trading session on Friday, as we continue to see crude oil recover.
Bitcoin Forecast: Testing Major Resistance Barrier – 04 May 2020
Bitcoin has gone back and forth during the session on Friday, just as it had done on Thursday, albeit in a much less volatile range.
Weekly Gold Forecast: Markets Likely to Rally – 04 May 2020
Gold markets pulled back initially during the trading session on Friday but found enough buyers underneath the turn things around and form a hammer.
S&P 500 Forecast: Looking for Support Below 50 Day EMA – 04 May 2020
The S&P 500 has gapped lower to kick off the trading session on Friday, reaching down towards the 50 day EMA.
Audio recap: Running back into the US dollar
What's moving markets today There's plenty of fear out there at the moment, with investors weighed down by worry associated with fallout to the global economy from the coronavirus, escalating tension between the US and China, and downbeat comments from famed investor Warren Buffet.
Mnuchin: Trump prepared to back additional stimulus if needed
Spoiler: It will be needed Mnuchin says the administration is prepared to back additional coronavirus stimulus money if needed, in comments on Fox Business. He said Trump is focused on tax changes to help business and stimulating travel.