โก๏ธ LIGHTNING-RAPID UPDATE ๐ฐ
Gold (XAU/USD)๐ฅ
SL ๐ @: 2421.79
TP โ
@: 2429.89 (corrected)
We set an in-profit SL as we may see some sudden profit taking after today's significant gold gains. We can then find a better re-entry.
โก๏ธ FREE RAPID TRADING SIGNAL ๐ฏ
BUY NOW ๐ผ Gold (XAU/USD)๐ฅ
TP โ
@: (VIP ONLY)
โบ We are now also getting into gold (range 2417.50 - 2420.00), as the gold price is receiving more fundamental support from falling US yields and the further depreciation of the USD against its peers (DXY now more than 0.5% lower on the day).
โบ Geopolitical tensions - especially in the Middle East - are also creating some safe-haven demand for gold. We see that silver, platinum and even copper are currently still clearly outperforming gold - a sign that gold has more scope for upward movement in the very short term.
๐ฃ๏ธ Tip: Multiply your usual trade size by ~ 0.4 - 0.6 (40% - 60%) when trading gold (XAU/USD)
โฑ Signal DELAYED by 40+ (!) minutes! โ ๏ธ
โก๏ธ Receive non-delayed signals in the VIP Channel
โโ-
๐ฅ๐
๐ฅ VT Markets (๐ฌ๐ง๐ณ๐ฟ๐ช๐บ๐)
๐ป Vantage (๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐) <- NEW
๐ฅ PU Prime (๐จ๐ฆ๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐)
๐ป Admiral Markets (๐ช๐บ๐ฆ๐บ๐ณ๐ฟ๐)
๐ฅ Libertex (๐ช๐บ๐)
โก๏ธ LIGHTNING-RAPID UPDATE ๐ฐ
Nasdaq (NAS100 / US100) ๐บ๐ธ
SL ๐ @: 19178.70 ๐
TP โ
@: 19242.90 ๐
We set our TP at this week's highs. Our position is now very deep in profit 40 minutes before NYSE opening.
โก๏ธ RAPID UPDATE ๐ฐ
Nasdaq (NAS100 / US100) ๐บ๐ธ
SL ๐ @: 19124.30
TP โ
@: 19222.40
We found a beautiful entry. The Nasdaq broke above the 19100 resistance as we expected before NYSE opening. We now set an in-profit SL / keep our TP. The Nasdaq also benefits from strong earnings of T-Mobile US (up 3% post earnings report).
We tighten our SL ๐ @: 19146.70 when the Nasdaq breaks the 19190.
Key Earnings Reports:
(ordered by market capitalization)
๐ Meta Platforms (META) ๐บ๐ธโ๏ธ
โ๏ธ Mastercard Incorporated (MA) ๐บ๐ธ
โ๏ธ T-Mobile US (TMUS) ๐บ๐ธ
๐ QUALCOMM (QCOM) ๐บ๐ธโ๏ธ
โ๏ธ HSBC (HSBC) ๐ฌ๐ง (reported)
๐ Arm Holdings (ARM) ๐ฌ๐ง
๐ Lam Research (LRCX) ๐บ๐ธ
โ๏ธ Boeing Company (BA) ๐บ๐ธ
โ๏ธ KKR & Co. (KKR) ๐บ๐ธ
โ๏ธ Automatic Data Processing (ADP) ๐บ๐ธ
โ๏ธ Altria Group (MO) ๐บ๐ธ
โ๏ธ GSK plc (GSK) ๐ฌ๐ง
โ๏ธ Trane Technologies (TT) ๐ฎ๐ช
โ๏ธ Marriott International (MAR) ๐บ๐ธ
โ๏ธ Banco Bilbao Viscaya Argentaria (BBVA) ๐ช๐ธ (reported)
โ๏ธ Mizuho Financial Group (MFG) ๐ฏ๐ต
๐ Aflac Incorporated (AFL) ๐บ๐ธ
๐ MetLife (MET) ๐บ๐ธ
๐ American International Group (AIG) ๐บ๐ธ
โ๏ธ Humana Inc. (HUM) ๐บ๐ธ
โ๏ธ Hess Corporation (HES) ๐บ๐ธ
โ๏ธ Adidas (ADDYY) ๐ฉ๐ช
โ๏ธ The Kraft Heinz Company (KHC) ๐บ๐ธ
(...a few more with market cap <$50B)
Robert Lindner
โ
29.7 - NAS100 - LONG โ๏ธ (TP - 19229.40)
โ
29.7 - USOIL - LONG โ๏ธ (SL - 76.579)
โ(โ
*) 29.7 - MCD - SHORT โ๏ธ (SL - 263.07| *Re-Entry clsd in profit) ๐
โ
29.7 - AAPL - LONG โ๏ธ (SL - 217.99)
โ
29.7 - XAU/USD - LONG โ๏ธ (TP - 2384.47| or clsd 2384.00-.90)
โ
29.7 - US30 - LONG โ๏ธ (SL - 40637.30)
5/6 = 83.3% Success Rate (Re-Entry not count as minor profit)
TODAY :
โ
30.7 - XAU/USD - LONG โ๏ธ (TP - 2394.77)
โ
30.7 - GER_40 - SHORT โ๏ธ (TP - 18386.70) ๐ธ
โด๏ธ 30.7 - NFLX - LONG โ๏ธ (open - off-profit)
๐ TP โ
@: 630.67
โ
30.7 - US30 - SHORT โ๏ธ (TP - 40611.60) ๐ธ
โ
30.7 - US30 - SHORT โ๏ธ (TP - 40586.60) ๐ธ
4/5 - (1 open position)
I'm absolutely knocked out - but congratulations on another strong daily performance ๐ Once again, we found great entries and strong exits in a very turbulent, trap-filled market. I see that many of you closed Netflix deep in profit shortly after the open - we should have locked in profits here a bit sooner.
Sorry patchy internet already. Microsoft is trading more than 7% lower post earnings report which also pushed our Dow Jones position into our TP for yet another big profit.
Microsoft reacted exactly as we expected - beating expectations but still seeing heavy post earnings selling with real expectations even higher given Microsoft very strong YTD performance and high valuation.
Congratulations ๐ we remain ahead of the markets even in this very tough market.
โก๏ธ FREE RAPID TRADING SIGNAL ๐ฏ
SELL NOW๐ฝ Dow Jones (US30) ๐บ๐ธ
TP โ
@: (VIP ONLY)
โบ Components in the Dow Jones see outsized losses (especially Merck & Co with almost -10%) and gains (with strong gains in the Financials - Goldman Sachs at almost +3%) we saw the Dow Jones now bounce back to 40800 - where it met resistance again. We expect traders to become more nervous ahead of further important earnings reports (after the bell), especially regarding Microsoft, a key component in the Dow Jones.
โบ We are positioning ourselves SHORT again in the 40740 - 40790 range and can already work with a TP.
โบ Israel's retaliatory strike against Hezbollah in Beirut also increased the pressure on risk assets - including growth stocks.
โบ We set an excellent TP for our DAX position - which was triggered in a short dip.
๐ฃ๏ธ Tip: Multiply your usual trade size by ~ 3 - 4 (300% - 400%) and trade the Dow Jones (US30)
โฑ Signal DELAYED by: 25+ (!) minutes! โ ๏ธ
โก๏ธ Receive non-delayed signals in the VIP Channel
โโโ-
๐ค๐ค๐ค3๏ธโฃ0๏ธโฃ๐
4๏ธโฃ0๏ธโฃ8๏ธโฃ0๏ธโฃ0๏ธโฃ๐
๐ฅ VT Markets (๐ฌ๐ง๐ณ๐ฟ๐ช๐บ๐)
๐ป Vantage (๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐) <- NEW
๐ฅ PU Prime (๐จ๐ฆ๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐)
๐ป Admiral Markets (๐ช๐บ๐ฆ๐บ๐ณ๐ฟ๐)
๐ฅ Libertex (๐ช๐บ๐)
โก๏ธ LIGHNING-RAPID UPDATE ๐ฐ
Dow Jones (US30) ๐บ๐ธ
TP โ
@: 40611.60
That was fast. We already widen our TP. Our Dow Jones position is already deep in profit. What a timing - congratulations!
โฑ Update DELAYED by: 7+ (!) minutes! โ ๏ธ
โก๏ธ Receive non-delayed Update in the VIP Channel
โ ๏ธ (this is a bit off-timing due to the delayed signal & update - please join SmartTrader VIP for instant signals) โ ๏ธ
๐ฐ FREE VIP SIGNAL ๐ฏ
BUY WHEN NYSE OPENS ๐ผ Netflix (NFLX) ๐บ๐ธ
We see Wall Street with slight gains ahead of further important economic data and important earnings reports - for example from Microsoft, the second most valuable company in the world, or AMD, the third largest semiconductor manufacturer in the US (after Nvidia and Broadcom).
๐ธ Apple (+0.7%) opens higher and will trigger our TP. Some brokers triggered our tight (in-profit) SL yesterday due to the spread. If your Apple position is still open - the positive open will let Apple open pretty much at our TP (for a big profit).
๐น McDonald's (- 0.3%) opens slightly weaker. Our re-entry is well in profit, but our original entry is still not in profit. We tighten our SL ๐ @: 263.07. Deutsche Bank maintains its "BUY" rating for McDonald's, supporting the fast food and real estate giant.
โบ We see reduced trading volume and volatility (slightly higher now during NYSE opening phase) overall and expect investors not to make any major bets ahead of Microsoft's (and AMD's) earnings report. However, we are making a classic "dip buy" with Netflix - which performed poorly in July despite a strong earnings report two weeks ago. Netflix reported strong subscriber growth and revenue was also ahead of estimates. We expect Netflix to attract some dip buyers soon - possibly already today - as Netflix also received a positive analyst call from Oppenheimer. We find an entry point in the 627.50 - 629.00 range - slightly above yesterday's close.
๐ฃ๏ธ Tip: Multiply your usual trade size by ~ 75 - 85 (7,500% - 8,500%) trading Netflix (NFLX)
โฑ Signal DELAYED by: 20+ (!) minutes! โ ๏ธ
โก๏ธ Receive non-delayed signals in the VIP Channel
โโโ-
๐บ6๏ธโฃ2๏ธโฃ8๏ธโฃ๐
๐ฅ VT Markets (๐ฌ๐ง๐ณ๐ฟ๐ช๐บ๐)
๐ป Vantage (๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐) <- NEW
๐ฅ PU Prime (๐จ๐ฆ๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐)
๐ป Admiral Markets (๐ช๐บ๐ฆ๐บ๐ณ๐ฟ๐)
๐ฅ Libertex (๐ช๐บ๐)
โก๏ธ LIGHNING-RAPID UPDATE ๐ฐ
Gold (XAU/USD)๐ฅ
TP โ
@: 2392.87
Gold could rally in the short term during the heightened volatility at the NYSE open as investors have so far remained mostly on the sidelines ahead of key economic data, tomorrow's Fed rate decision and key earnings reports.
Overall, we see little movement in all markets as investors are not making big bets ahead of earnings reports that could shed light on whether the high valuations of big tech/chip stocks are justified.
We are setting a tight TP - we can find a better re-entry.
โฑ Update DELAYED by: 10+ (!) minutes! โ ๏ธ
โก๏ธ Receive non-delayed updates/signals in the VIP Channel
โก๏ธ FREE RAPID TRADING SIGNAL ๐ฏ
SELL NOW ๐ฝ DAX (GER_40) ๐ฉ๐ช
โบ We see the DAX up (currently at 18410 or 0.45% higher), despite mixed economic data - and especially weak German data again with GDP growth back in negative territory (both QoQ and YoY). However, most Eurozone economies recorded growth: Eurozone GDP growth of 0.6% YoY was actually slightly above expectations of 0.5%.
โบ Germany remains the sick man of Europe, governed by a coalition with no clear plan and record low approval ratings.
โบ The region's mixed growth results highlight the challenge facing ECB policymakers when they decide in September whether the eurozone economy is fragile enough to justify another rate cut.
โบ German inflation data came in slightly above expectations, which also brings some stagflation concerns to the table. Preliminary data on German inflation showed an increase of 2.3% compared to 2.2% expected and compared to 2.2% in June.
โบ We SHORT the DAX here at ~18410.
๐ฃ๏ธ Tip: Multiply your usual trade size by ~ 5 - 7 (500% - 700%) when trading the DAX (GER_40)
โฑ Signal DELAYED by: 20+ (!) minutes! โ ๏ธ
โก๏ธ Receive non-delayed signals in the VIP Channel
โโโ-
๐ค๐ค๐ค4๏ธโฃ0๏ธโฃ๐
๐ฅ VT Markets (๐ฌ๐ง๐ณ๐ฟ๐ช๐บ๐)
๐ป Vantage (๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐) <- NEW
๐ฅ PU Prime (๐จ๐ฆ๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐)
๐ป Admiral Markets (๐ช๐บ๐ฆ๐บ๐ณ๐ฟ๐)
๐ฅ Libertex (๐ช๐บ๐)
โ
26.7 - AUD/USD - LONG โ๏ธ (TP - 0.65649) ๐๐ธ*
โ
26.7 - US30 - SHORT โ๏ธ (TP - 40563.30) ๐ธ*
2/2 = 100% ๐ Success Rate
*shared in screenshot before
TODAY :
โ
29.7 - NAS100 - LONG โ๏ธ (TP - 19229.40)
โ
29.7 - USOIL - LONG โ๏ธ (SL - 76.579)
โด๏ธ 29.7 - MCD - SHORT โ๏ธ (open - off-profit|+pot. Re-Entry in profit)
๐ SL ๐ @: 264.61
โ
29.7 - AAPL - LONG โ๏ธ (SL - 217.99)
โ
29.7 - XAU/USD - LONG โ๏ธ (TP - 2384.47| or clsd 2384.00-.90)
โ
29.7 - US30 - LONG โ๏ธ (SL - 40637.30)
5/6 - (1 open position)
Very strong trading performance in the last few days, especially in these very turbulent, unstable and at times completely unpredictable markets - we have adapted very well - congratulations to all of us! Very good SL / TP setting again today.
(Please share some of your profits with people in need - if possible โค๏ธ).
Thank you for giving me the motivation to trade at this level every day. We are achieving this together ๐ค Rob.
โก๏ธ LIGHNING-RAPID UPDATE ๐ฐ
Gold (XAU/USD)๐ฅ
TP triggered โ
@: 2384.47
Very good TP trigger here. We will likely see slight additional gains during Asian trading - at least if we see the USD being unable to edge further up. But it is very good to close here at the end of the day. Congratulations - very nice gold trade.
โโโ-
2๏ธโฃ3๏ธโฃ7๏ธโฃ0๏ธโฃ๐2๏ธโฃ3๏ธโฃ8๏ธโฃ5๏ธโฃ
๐ป VT Markets (๐ฉ๐ช๐ฆ๐น๐จ๐ญ)
๐ฅ Vantage (๐ฉ๐ช๐ฆ๐น๐จ๐ญ) <- NEU
๐ป PU Prime (๐ฉ๐ช๐ฆ๐น๐จ๐ญ)
๐ฅ Libertex (๐ฉ๐ช๐ฆ๐น๐จ๐ญ)
๐ป Admiral Markets (๐ฉ๐ช๐ฆ๐น๐จ๐ญ)
โก๏ธ LIGHTNING-RAPID UPDATE ๐ฐ
Gold (XAU/USD)๐ฅ
TP โ
@: 2385.97
We are slightly widening our TP for our gold position - gold is now finding support above $2,380. If you want, you can also set an in-profit SL, but we expect gold to continue rising for the time being and want to avoid a lower closing price.
๐ฐ FREE VIP SIGNAL ๐ฏ
BUY NOW/SOON* ๐ผ Dow Jones (US30) ๐บ๐ธ
TP โ
@: (VIP ONLY)
The markets are seeing some gains - driven by gains in chip stocks and ahead of the Fed's interest rate decision this evening. We are seeing the markets we expected and traded the jittery market / expected Microsoft plunge yesterday with incredible precision - congrats again!
๐น The Nasdaq 100 (+2.1%) has risen strongly and has broken through 19200 - supported by a very strong rebound in chip stocks (Nvidia +7.5% // Broadcom +6.3% // AMD +8.0%). We also see that MSFT has cut its losses overnight. We have a position deep in profit and with a tight SL / TP. Despite the current significant gains, the market remains exposed to the risk of sudden profit taking - especially in the Big Tech sector - we expect slight additional gains - edit: TP already triggered / congratulations
๐น Netflix (+0.8%) opens well and is back in profit for us. We update our TP โ
@ 630.47 slightly and close in profit.
โบ We take advantage of the volatility and position ourselves LONG in today's underperforming Dow Jones. We currently see the Dow Jones already at ~40800 with some negative momentum. We can target an entry NEAR 40750* and expect the Dow Jones to catch up a bit, with some of the strong gains in Big Tech likely to turn into (smaller) cyclicals today and broaden in general.
โบ Stock picking is difficult now - much of the movement is already taking place in pre-market trading. There could be further buying in Nvidia, AMD & Co. but they will remain very volatile and will certainly encounter profit taking as they approach daily gains of 8.5% to 10%.
โบ We are also likely to see strong gains in the energy and commodities sector - a weaker USD, a stronger JPY and geopolitical tensions are generally favoring commodity prices. However, energy stocks are already 1.5 % - 2 % higher pre-market. BHP could be an option, but is also up 1.6% in pre-market trading. We need to find good entries in this volatile market and therefore wait for early trading.
๐ฃ๏ธ Tip: Multiply your usual trade size by ~ 3 - 4 (300% - 400%) and trade the Dow Jones (US30)
โฑ Signal DELAYED by 18+ (!) minutes! โ ๏ธ
โก๏ธ Receive non-delayed signals in the VIP Channel
โโ-
๐ค๐ค๐ค
4๏ธโฃ0๏ธโฃ7๏ธโฃ6๏ธโฃ0๏ธโฃ๐ฏ๐
๐ฅ VT Markets (๐ฌ๐ง๐ณ๐ฟ๐ช๐บ๐)
๐ป Vantage (๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐) <- NEW
๐ฅ PU Prime (๐จ๐ฆ๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐)
๐ป Admiral Markets (๐ช๐บ๐ฆ๐บ๐ณ๐ฟ๐)
๐ฅ Libertex (๐ช๐บ๐)
โก๏ธ LIGHTNING-RAPID UPDATE ๐ฐ
Nasdaq (NAS100 / US100) ๐บ๐ธ
SL ๐ @: 19197.80 ๐
TP โ
@: 19242.90
We quickly tighten our SL a little more - and now secure 100 points profit with the Nasdaq 100 in the "worst-case" scenario.
โ
โ
18.7 - NAS100 - LONG โ๏ธ
โ
19.7 - NAS100 - SHORT โ๏ธ
โ
19.7 - NAS100 - SHORT โ๏ธ
โ
19.7 - NAS100 - SHORT โ๏ธ
โ
22.7 - US30 - LONG โ๏ธ
โ 22.7 - GER_40 - SHORT โ๏ธ
โ
22.7 - NAS100 - LONG โ๏ธ
โ
23.7 - US30 - LONG โ๏ธ
โ 23.7 - SPX500 - LONG โ๏ธ
โ 25.7 - GER_40 - SHORT โ๏ธ
โ
26.7 - US30 - SHORT โ๏ธ
โ
29.7 - NAS100 - LONG โ๏ธ
โ
29.7 - US30 - LONG โ๏ธ
โ
30.7 - GER_40 - SHORT โ๏ธ
โ
30.7 - US30 - SHORT โ๏ธ
โ
30.7 - US30 - SHORT โ๏ธ
โด๏ธโ
31.7 - NAS100 - LONG โ๏ธ (SL in profit)
14/17 = 82.4%
โก๏ธ LIGHTNING-RAPID UPDATE ๐ฐ
Nasdaq (NAS100 / US100) ๐บ๐ธ
SL ๐ @: 19146.70 ๐
TP โ
@: 19232.80 ๐
Nasdaq is now testing the 19190 - 19200 range. We update pre Chicago Business Barometer (Chicago PMI).
๐ฐ FREE VIP SIGNAL ๐ฏ
BUY NOW ๐ผ Nasdaq (NAS100 / US100) ๐บ๐ธ
TP โ
@: (VIP ONLY)
โบ We see global equities rising on a very busy day full of economic data, key earnings reports and other global events that influence investors' short-term behavior.
โบ We see a significantly weaker USD - mainly due to the JPY's strong gains following the Bank of Japan's 15bp rate hike - as the Bank of Japan pushes for a normalization of its monetary policy after 16 years of extremely loose monetary policy, including negative interest rates. A rise in inflation in the eurozone is also weighing on the USD, as the ECB is in the difficult position of having to cut interest rates further in order to support the ailing economy, but at the same time not risk inflation rising again. The Eurozone's inflation/stagflation problem (there are already signs of very damaging stagflation in Germany) is reducing the pace at which the ECB can cut rates.
โบ We see the Nasdaq 100 hitting resistance at 19100 - but already up more than 1% after heavy losses yesterday. We see the Nasdaq 100 led by gains in chip stocks - thanks to hopes that US export restrictions will be somewhat less severe (albeit mainly for non-US chipmakers) and thanks to very impressive sales growth in AMD's AI chips.
โบ We expect the Nasdaq 100 to rise above 19100 before profit taking later today ahead of the Fed rate decision - although overall I expect positive momentum from the Fed comments and the very clear signs that the Fed's first rate cut in September is imminent. We can work with a TP at Monday's / this week's highs.
๐ฃ๏ธ Tip: Multiply your usual trade size by ~ 5 - 7 (500% - 700%) when trading the Nasdaq (NAS100).
โฑ Signal DELAYED by: 60+ (!) minutes! โ ๏ธ
โก๏ธ Receive non-delayed signals in the VIP Channel
โโ-
๐ค๐ค๐ค๐ค๐ค๐ค
1๏ธโฃ9๏ธโฃ0๏ธโฃ9๏ธโฃ0๏ธโฃ๐ผ
We have traded the recent very turbulent equity markets (including the ups & downs) well:
โ
18.7 - NAS100 - LONG โ๏ธ
โ
19.7 - NAS100 - SHORT โ๏ธ
โ
19.7 - NAS100 - SHORT โ๏ธ
โ
19.7 - NAS100 - SHORT โ๏ธ
โ
22.7 - US30 - LONG โ๏ธ
โ 22.7 - GER_40 - SHORT โ๏ธ
โ
22.7 - NAS100 - LONG โ๏ธ
โ
23.7 - US30 - LONG โ๏ธ
โ 23.7 - SPX500 - LONG โ๏ธ
โ 25.7 - GER_40 - SHORT โ๏ธ
โ
26.7 - US30 - SHORT โ๏ธ
โ
29.7 - NAS100 - LONG โ๏ธ
โ
29.7 - US30 - LONG โ๏ธ
โ
30.7 - GER_40 - SHORT โ๏ธ
โ
30.7 - US30 - SHORT โ๏ธ
โ
30.7 - US30 - SHORT โ๏ธ
13/16 = 81.25%
โด๏ธ 31.7 - NAS100 - LONG โ๏ธ
๐ฅ VT Markets (๐ฌ๐ง๐ณ๐ฟ๐ช๐บ๐)
๐ป Vantage (๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐) <- NEW
๐ฅ PU Prime (๐จ๐ฆ๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐)
๐ป Admiral Markets (๐ช๐บ๐ฆ๐บ๐ณ๐ฟ๐)
๐ฅ Libertex (๐ช๐บ๐)
๐ SmartTrader Insights: Wednesday Markets Wrap ๐
๐ Wednesday, July 31
โ๏ธ Global stocks rise after exemption report for non-US chipmakers & ahead of Fed rate decision; BoJ raises rates to highest since 2008
โบ Global stocks rose worldwide, supported by strong gains in chipmakers after a report that the US will exempt allies from new China chip restrictions, and the Bank of Japan raised its benchmark interest rate to its highest level since 2008 at the start of a crucial day for markets.
โบ Japanese chipmaker Tokyo Electron led the gains among Asian technology stocks, while Amsterdam-based ASML Holding NV rose by up to 11%. Technology stocks also recovered in other countries. Microsoft narrowed its losses after reporting disappointing results from its cloud business, which overshadowed the slight overall gains in both divisions for the fourth quarter. AMD, on the other hand, rebounded after reporting strong growth. AMD announced that it sold more than $1 billion of its MI300 chips this quarter and that the data center category grew 115% year-over-year. Other inflation data from the Eurozone is also released, including Eurozone Inflation.
โบ MSCI's benchmark Asian stock index rose 1.8% as Japanese lenders jumped. Chipmakers led gains in Europe, while the S&P 500 and Nasdaq 100 look set to erase yesterday's losses. Later today, Federal Reserve Chairman Jerome Powell is expected to announce a possible rate cut in September. Meta Platforms will also announce its results after the close of trading, following Microsoft's rather disappointing figures.
โบ We are looking at a very eventful day ahead, which has already caused volatility in the markets as traders digest the BOJ decision and prepare for the Fed. The JPY fluctuated before gaining more than 2% against the USD. US Treasuries stabilized after falling in the previous four sessions. The USD also slipped slightly ahead of the Fed rate meeting - less than 24 hours after the BOJ action.
โบ In commodities, oil prices jumped more than 2% after recent heavy losses (WTI back at $76.00/barrel spot) after Hamas claimed (which of course will be true) that Israel had killed its political leader Ismail Haniyeh in the Iranian capital Tehran, further fueling tensions in a region that produces about a third of the world's crude oil. Gold rallied for a second day to trade above $2,415 an ounce, also supported by rising geopolitical tensions.
Key events in today's economic calendar:
(times in UTC+0)
๐ธ ๐ฆ๐บ Monthly CPI Indicator JUN - 01:30 (released)
๐ธ ๐จ๐ณ NBS Manufacturing PMI JUL - 01:30 (released)
โฆ๏ธ ๐ฏ๐ต BoJ Interest Rate Decision - 04:00 (released)
๐ธ ๐ฏ๐ต Consumer Confidence JUL - 05:00 (released)
๐ธ ๐ซ๐ท Inflation Rate Prel JUL - 06:45 (released)
๐ธ ๐ฎ๐น Inflation Rate Prel JUL- 08:30 (released)
๐ธ ๐ช๐บ Inflation Rate YoY Flash JUL- 09:00
๐ธ ๐บ๐ธ ADP Employment Change JUL - 12:15
โฆ๏ธ ๐บ๐ธ Fed Interest Rate Decision - 18:00
โฆ๏ธ ๐บ๐ธ Fed Press Conference - 18:30
๐ธ = Event of medium/high importance
โฆ๏ธ = Event of very high importance
Robert Lindner (Analyst team on vacation)
Overview last 30 trading days:
โ
Performance: 18.06 - 23.07 (26 trading days)
108 / 140 = 77.1% Success Rate
(June 17 - 2/7 = 28.6% โ ๏ธ SR dropped out)
โ
24.7 - EUR/JPY - SHORT โ๏ธ (TP - 167.261 |*optional trade)
โ
24.7 - XAU/USD - LONG โ๏ธ (SL - 2417.23)
โ
24.7 - EUR/JPY - SHORT โ๏ธ (SL - 166.661)
โ
24.7 - XAU/USD - LONG โ๏ธ (TP - 2427.79)
โ
24.7 - GOOGL - LONG โ๏ธ (SL - 173.98)
โ
24.7 - XAU/USD - LONG โ๏ธ (TP - 2429.97)
โ 24.7 - XAU/USD - LONG โ๏ธ (SL - 2399.83 for me| or TP - 2401.94 / 2402.23)
โ
24.7 - GOOGL - LONG โ๏ธ (TP - 172.87)
โ
24.7 - EUR/JPY - SHORT โ๏ธ (SL - 165.477)
โ
24.7 - XAU/USD* - LONG โ๏ธ (TP - 2401.94 or 2402.23)
9/10 = 90% Success Rate (incl. Gold re-entry*)
โ
25.7 - XAU/USD - LONG โ๏ธ (TP - 2376.97)
โ 25.7 - GER_40 - SHORT โ๏ธ (SL - 18431.20)
โ
25.7 - EUR/JPY - SHORT โ๏ธ (TP - 166.356)
โ
25.7 - V - LONG โ๏ธ (TP - 256.87)
โ
25.7 - USOIL - SHORT โ๏ธ (TP - 76.856)
โ
25.7 - TSLA - SHORT โ๏ธ (TP - 218.06)
5/6 = 83.3% Success Rate
โ
26.7 - AUD/USD - LONG โ๏ธ (TP - 0.65649)
โ
26.7 - US30 - SHORT โ๏ธ (TP - 40563.30)
2/2 = 100% ๐ Success Rate
I'm back home - quick update.
โก๏ธ LIGHTNING-RAPID UPDATE ๐ฐ
Dow Jones (US30) ๐บ๐ธ
SL ๐ @: 40902.60
TP โ
@: 40586.60 (or wider)
The Dow Jones saw some gains in final trading with in particular financials performing well but now some profit taking again trimming gains. The Dow Jones will be impacted significantly in after hours trading by Microsoftโs earnings report. With high expectations, hitting expectations will not be โenoughโ for MSFT. We update our SL/TP. I expect Microsoft to see some selling post earnings report.
I will lose internet in a bit - Iโll be back as soon as possible.
โก๏ธ LIGHTNING-RAPID UPDATE ๐ฐ
DAX (GER_40) ๐ฉ๐ช
SL ๐ @: 18472.60
TP โ
@: 18386.70
We continue to see a turbulent, mixed, sentiment driven and short-term trap filled market. We have kept our calm (as we always do) and avoided falling into one of the many traps. The Dow Jones found support at 40600 (now back at ~40700 but still with downside potential) - as we expected and where we closed our Dow Jones SHORT almost perfectly.
The Nasdaq 100 is currently trading significantly lower at -1.5% - due to heavy losses in the big tech stocks. Here, too, the big tech stocks initially rose, but then there were further heavy losses, led by the chip stocks.
We can now set a not-too-wide TP for our DAX position, which was already well in profit.
I am now on my way to the airport in Larnaca, which limits my ability to react immediately. Nevertheless, I'll keep you up to date as best I can.
โก๏ธ FREE RAPID TRADING SIGNAL ๐ฏ
SELL NOW๐ฝ Dow Jones (US30) ๐บ๐ธ
TP โ
@: (VIP ONLY)
โบ We see the rotation out of the big tech/chip stocks returning (again), with Nvidia (- 4.5%) in particular suffering heavy losses, but Broadcom, AMD (reports later) and Qualcomm etc. also trading in deep red. We see SMIC (small-mid cap companies) with gains and the Dow Jones is up 200 points (or 0.5%) for today, with strong gains in financials after positive analyst reports. In particular, Dow Jones heavyweight Goldman Sachs is leading the Dow Jones.
โบ We SHORT here quickly and expect investors to get a little nervous ahead of the important earnings reports later today (after the close).
โบAlthough dovish comments from the Fed (which I believe we will hear) may trigger a strong rebound from recent losses - we see a rather cautious trade at the moment. We sell the Dow Jones at ~40790, we can work with a TP.
โบ We also set a tight TP for our Netflix position, which was already deep in profit (now break-even): TP โ
@: 630.67
๐ฃ๏ธ Tip: Multiply your usual trade size by ~ 3 - 4 (300% - 400%) and trade the Dow Jones (US30)
โฑ Signal DELAYED by: 15+ (!) minutes! โ ๏ธ
โก๏ธ Receive non-delayed signals in the VIP Channel
โโโ-
WHAT A TIMING FOR THIS TRADE (!)
Please make sure you join SmartTrader VIP to receive all signals without DELAY!!!
๐ฅ VT Markets (๐ฌ๐ง๐ณ๐ฟ๐ช๐บ๐)
๐ป Vantage (๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐) <- NEW
๐ฅ PU Prime (๐จ๐ฆ๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐)
๐ป Admiral Markets (๐ช๐บ๐ฆ๐บ๐ณ๐ฟ๐)
๐ฅ Libertex (๐ช๐บ๐)
โก๏ธ LIGHNING-RAPID UPDATE ๐ฐ
Gold (XAU/USD)๐ฅ
TP โ
@: 2394.77
We see exactly what we expected. And expand our TP a little more to (hopefully) maximize our gold profits. Congratulations
โฑ Update DELAYED by: 3+ (!) minutes! โ ๏ธ
โก๏ธ Receive non-delayed updates/signals in the VIP Channel
๐ฐ VIP SIGNAL ๐ฏ
(VIP ONLY) โ Gold (XAU/USD)๐ฅ
โบ Gold (VIP ONLY) and continues to benefit from data (VIP ONLY), although I expect German inflation will not surprise to the downside (compared to say Spanish inflation data also reported today which came in at 2.8% vs the expected 3% and a 3.4% (YoY) drop in June).
โบ Gold is currently trading in a narrow range ($2387.50 - $2392.50), with the market trading mostly with low volatility as investors await further economic data, central bank updates and major earnings reports (e.g. from Microsoft and AMD today - after the US close).
โบ We are going (VIP ONLY) on gold again now (VIP ONLY) lower (VIP ONLY) current range (VIP ONLY). We expect gold to (VIP ONLY). Gold is (VIP ONLY) further falling (VIP ONLY) today - after yesterday's gains (VIP ONLY). Cooling (VIP ONLY) the gold price.
๐ฃ๏ธ Tip: Multiply your usual trade size by ~ 0.4 - 0.6 (40% - 60%) when trading gold (XAU/USD)
โฑ Signal DELAYED by: 60+ (!) minutes! โ ๏ธ
โก๏ธ Receive non-delayed signals in the VIP Channel
โโโ-
DON'T MISS OUT ON OUR GOLD TRADES
๐ฅ VT Markets (๐ฌ๐ง๐ณ๐ฟ๐ช๐บ๐)
๐ป Vantage (๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐) <- NEW
๐ฅ PU Prime (๐จ๐ฆ๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐)
๐ป Admiral Markets (๐ช๐บ๐ฆ๐บ๐ณ๐ฟ๐)
๐ฅ Libertex (๐ช๐บ๐)
๐ SmartTrader Insights: Tuesday Markets Wrap ๐
๐ Tuesday, July 30
โ๏ธ European stocks edge higher despite mixed GDP data & ahead of busy earnings day; Investors prepare for Microsoft Earnings & tomorrowโs Fed decision
โบ European stocks edged higher as investors brace for a week filled with significant economic data, US megacap earnings, and central bank decisions. The Stoxx 600 index rose by 0.2%, buoyed by BP gains after the company maintained its share buyback pace and increased its dividend following a profit beat. France's GDP grew by 0.3% in Q2, supported by domestic demand and stable exports, while Germany's GDP contracted by 0.1% over the same period, reflecting mixed economic signals in the region.
โบ US futures were little changed (S&P 500 at 0.0%) as markets await earnings from major technology firms like Microsoft, Apple, and Amazon, with Microsoft reporting after the market close today. Also AMD will be in focus as the US' third largest semiconductor company. The USD and 10-year Treasury yields remained steady as traders anticipated the Federal Reserve's policy decision on Wednesday. The Fed is expected to leave interest rates unchanged, but will signal a rate hike in September given concerns about the weakening labor market. Meanwhile, the US national debt exceeded $35 trillion for the first time, highlighting fiscal challenges ahead.
โบ The MSCI Asia Pacific index is on track for its first monthly decline since April, with shares in Hong Kong leading the losses due to dwindling optimism over Chinaโs stimulus plans. Japan's unemployment rate fell to 2.5% in June, better than market expectations, while the Nikkei 225 Index dropped 0.3% as the Bank of Japan commenced its two-day policy meeting. The JPY weakened against its Group-of-10 peers, reflecting speculation that the BOJ's policy tightening will lag behind other central banks.
โบ Oil prices fell further to near $75/barrel (spot), after their largest drop in nearly two weeks, driven by discussions of a potential cease-fire in the Middle East. Gold continued its upward trend trading at $2,388/oz, set to gain for the third consecutive month, as investors expect more dovish comments from the Fed and gradual rate cuts in upcoming months starting in September.
Key events in today's economic calendar:
(times in UTC+0)
๐ธ ๐ซ๐ท GDP Growth Rate - 05:30 (released)
๐ธ ๐ช๐ธ GDP Growth Rate - 07:00 (released)
๐ธ ๐ช๐ธ Inflation Rate / CPI - 07:00 (released)
๐ธ ๐ฉ๐ช GDP Growth Rate - 08:00 (released)
๐ธ ๐ฎ๐น GDP Growth Rate - 08:00 (released)
๐ธ ๐ช๐บ GDP Growth Rate - 09:00 (released)
๐ธ ๐ช๐บ Consumer Confidence - 09:00 (released)
๐ธ ๐ฉ๐ช Inflation Rate / CPI - 12:00
๐ธ ๐บ๐ธ JOLTs Job Openings - 14:00
๐ธ ๐บ๐ธ CB Consumer Confidence - 14:00
๐ธ ๐บ๐ธ API Crude Oil Stock Change - 20:30
๐ธ ๐ฏ๐ต Industrial Production - 23:50
๐ธ ๐ฏ๐ต Retail Sales - 23:50
๐ธ = Event of medium/high importance
โฆ๏ธ = Event of very high importance
Key Earnings Reports:
(ordered by market capitalization)
๐ Microsoft (MSFT) ๐บ๐ธ โ๏ธ
โ๏ธ P&G (PG) ๐บ๐ธ
โ๏ธ Merck & Co (MRK) ๐บ๐ธ
โ๏ธ LโOreal (LRLCY) ๐ซ๐ท
๐ AMD (AMD) ๐บ๐ธ โ๏ธ
โ๏ธ Pfizer (PFE) ๐บ๐ธ
โ๏ธ S&P Global (SPGI) ๐บ๐ธ
๐ Stryker (SYK) ๐บ๐ธ
โ๏ธ Airbus Group (EADSY) ๐ณ๐ฑ(๐ซ๐ท๐ฉ๐ช)
๐ Rio Tinto (RIO) ๐ฌ๐ง
๐ Arista Networks (ANET) ๐บ๐ธ
โ๏ธ American Tower (AMT) ๐บ๐ธ
โ๏ธ BP (BP) ๐ฌ๐ง (released)
๐ Mondelez (MDLZ) ๐บ๐ธ
๐ Starbucks (SBUX) ๐บ๐ธ
๐ Canadian Pacific Kansas City (CP) ๐จ๐ฆ
โ๏ธ Illinois Tool Works (ITW) ๐บ๐ธ
โ๏ธ Diageo (DEO) ๐ฌ๐ง
โ๏ธ Intesa Sanpaolo (ISNPY) ๐ฎ๐น
โ๏ธ Ecolab (ECL) ๐บ๐ธ
โ๏ธ Enterprise Products Partners (EPD) ๐บ๐ธ
โ๏ธ PayPal (PYPL) ๐บ๐ธ
โ๏ธ Phillips 66 (PSX) ๐บ๐ธ
๐ Public Storage (PSA) ๐บ๐ธ
โ๏ธ American Electric Power (AEP) ๐บ๐ธ
๐ Electronic Arts (EA) ๐บ๐ธ
(...a few more with market cap <$50B)
SmartTraderโข Analyst team & Robert Lindner
Overview last 30 trading days:
โ
Performance: 17.06 - 22.07 (26 trading days)
107 / 142 = 75.4% Success Rate
(June 14 - 2/4 = 50% SR dropped out)
โ
23.7 - EUR/JPY - SHORT โ๏ธ (TP - 168.856)
โ
23.7 - US30 - LONG โ๏ธ (TP - 40552.30)
โ 23.7 - GM - LONG โ๏ธ (SL - 45.87)
โ
/โ* 23.7 - GOOGL - LONG โ๏ธ (SL - 182.33| partially clsd higher; *potentially closed off-profit post earnings)
โ 23.7 - SPX500 - LONG โ๏ธ (SL -5422.70| or clsd 5450-75)
3/5 = 60% Success Rate
โ
24.7 - EUR/JPY - SHORT โ๏ธ (TP - 167.261 |*optional trade)
โ
24.7 - XAU/USD - LONG โ๏ธ (SL - 2417.23)
โ
24.7 - EUR/JPY - SHORT โ๏ธ (SL - 166.661)
โ
24.7 - XAU/USD - LONG โ๏ธ (TP - 2427.79)
โ
24.7 - GOOGL - LONG โ๏ธ (SL - 173.98)
โ
24.7 - XAU/USD - LONG โ๏ธ (TP - 2429.97)
โ 24.7 - XAU/USD - LONG โ๏ธ (SL - 2399.83 for me| or TP - 2401.94 / 2402.23) ๐
โ
24.7 - GOOGL - LONG โ๏ธ (TP - 172.87)
โ
24.7 - EUR/JPY - SHORT โ๏ธ (SL - 165.477)
โ
24.7 - XAU/USD* - LONG โ๏ธ (TP - 2401.94 or 2402.23) ๐๐ธ
9/10 = 90% Success Rate (incl. Gold re-entry*)
โ
25.7 - XAU/USD - LONG โ๏ธ (TP - 2376.97)
โ 25.7 - GER_40 - SHORT โ๏ธ (SL - 18431.20)
โ
25.7 - EUR/JPY - SHORT โ๏ธ (TP - 166.356)
โ
25.7 - V - LONG โ๏ธ (TP - 256.87)
โ
25.7 - USOIL - SHORT โ๏ธ (TP - 76.856)
โ
25.7 - TSLA - SHORT โ๏ธ (TP - 218.06)
5/6 = 83.3% Success Rate
Our gold position(s) hit our very well placed TP in early Asian trading / as did our AUD/USD from July 26 - also very good TP. Our Dow Jones TP was also very well placed (๐ธ already shared on Friday).
Sorry for the late update, I am currently in Cyprus ๐จ๐พ and had a late meeting with one of our partner brokers.
โก๏ธ LIGHNING-RAPID UPDATE ๐ฐ
Gold (XAU/USD)๐ฅ
CLOSE NOW โ
@: 2384.00 - 2384.90
or
TP โ
@: 2384.47
We are closing our gold position. We see some resistance at the $2,385 level - we close now. We can find a better a entry price lower again, which means it's good to close here well in profit. If your TP at 2384.33 already triggered - perfect.
Also work with an in-profit SL now (if you don't close immediately).
โก๏ธ LIGHTNING-RAPID UPDATE ๐ฐ
Apple (AAPL) ๐บ๐ธ
SL ๐ @: 217.99
TP โ
@: 219.56
Gold (XAU/USD)๐ฅ
TP โ
@: 2384.33
We tighten the SL of our AAPL position a little more, as we see a slight resistance before 219.00 (seems to be broken through). We can also raise the target price of our gold position. The gold price is back near $2,380 and is benefiting from the USD giving up some of its earlier gains and yields (for 10-year bonds) stabilizing by almost 3 basis points over the course of the day.