Charles Green here, Senior Market Analyst here at Traders Agency. Here’s today Market Pulse 360. Market Pulse 360 for November 3, 2023 Following the Fed’s decision, other central Banks around the world took no action yesterday to increase their short term rates during their monetary policy meetings. This is very positive for risk assets.  We’ve had four days of positive movement in the market, which will bring some of….

Charles Green here, Senior Market Analyst here at Traders Agency. Here’s today Market Pulse 360. Market Pulse 360 for October 27, 2023 The Nasdaq failed to hold 13,000 in a big way, closing down over 500 points over the past two days. This is the third time in one week that the Nasdaq failed to hold 13,000, a key technical and psychological level.  There was no single event that….

Charles Green here, Senior Market Analyst here at Traders Agency. Here’s today Market Pulse 360. Market Pulse 360 for October 25, 2023 The Nasdaq has moved back above 13,000 which serves as major support and is a key psychological level. It has also formed a reverse head and shoulder pattern, which is very bullish. Moreover, the 10-year Treasury yield retreated from 5% down to 4.85%, which provided some relief….

Charles Green here, Senior Market Analyst here at Traders Agency. Here’s today Market Pulse 360. Market Pulse 360 for October 20, 2023 The 10-year Treasury yield briefly hit 5% late in the day Thursday, and this is kryptonite for the markets.  The higher it goes up, the more the market will weaken. 5% is a key psychological level that will get a lot of attention and could be the….

Charles Green here, Senior Market Analyst here at Traders Agency. Here’s today Market Pulse 360. Market Pulse 360 for October 18, 2023 Give credit where credit is due: the market has been fighting a good fight to stay above major support, despite a flurry of challenges: Ukraine – Russia war Israel – Hamas war Rising oil prices Bond yields at 20 year highs “Higher for longer” short term interest….