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Hello Traders,
Thanks to those of you who joined us today. I should reiterate that the Monday Market Update is just that. A big picture overview of the markets, with a few ‘charts of interest’ thrown in. There are no trade recommendations, this is not a signal service, nor trade recommendations – just what I am looking at and interested in.
Today we looked at; FX STAM, NVDIA Corporation ($NVDA), VanEck Semiconductor ETF ($SMH), SPDR Select Sector Technology ETF ($XLK), Cisco Systems Inc ($CSCO), The Boeing Company ($BA).
Paul’s Monday market update for January 27, 2025, analyzed the performance of major currencies and tech stocks. The dollar remains strong but has weakened slightly due to Trump’s lack of immediate tariff policies. The Euro and Sterling have seen brief boosts, while the Swiss franc and Japanese yen have gained as risk-off sentiment returns. Tech stocks like Nvidia and the NASDAQ have experienced significant declines, with Nvidia down 5% overnight. Gold and silver have shown mixed performance. The DAX and FTSE 100 have also seen declines, with the DAX down 3% pre-market. The session emphasized the importance of risk management and staying informed about upcoming economic and geopolitical events.
We also covered the usual suspects: $DJIA, $NDX, $SPY, $RTY, $DAX, $FTSE, $N225, $WTI, $XAUUSD, $XAGUSD, $BTCUSD, $USD, $DXY, $JPY, $AUD, $CHF, $NZD and $GBP.
Have a great trading week, and I’ll see you next Monday at 1230.
Trade well,
Paul
https://linktr.ee/tradingbeliefs
Prepare for 2025 with FREE ACCESS to the VTP Stage 1 Online Trading Course: https://bit.ly/VTPFREE
Our preferred broker is: ActivTrades
January 27, 2025 at 8:45 pm
No video
January 27, 2025 at 9:05 pm
Hey, thanks for that. Don’t know why or how that’s happened. Hopefully you can see the video now?