From the market’s perspective, [Friday’s] PCE report was near perfect. The Fed’s favorite inflation indicator not only showed inflation was moving towards the Fed’s inflation target but that the economy was resilient. Consumer spending was on the rise and take-home pay was also up after a couple of sluggish months, said David Donabedian at CIBC Private Wealth U.S. Quite a lot expected for this week, despite holidays coming up for the US Market. Decided to push the pedal on the leverage a bit higher, so it will be a bit bumpier the next coming days. But which Bull ride isnt?

The S&P 500 got stuck in a range in the last days after reaching ATHs. We got one trading day left for the first six months of the year, and the S&P500 is set to sign off on a solid 15% rise since its first trading day of 2024. Our account is reaching in 15% last month. Today we might get some good volatility based on Core PCE Price Index report. Let's see if we can close the month above 15%. Happy Trading!

US500 CFD increased to an all-time high of 5525 Index Points. Over the past 4 weeks, United States Stock Market Index (US500) gained 3.28%, and in the last 12 months, it increased 25.89%. Considering the fact that it is quite rare and unlikely to see SP500 dropping more than 25% , it means if you go with a 3 or 4x leverage investment, you could have almost doubled your investment in a very safe way in under 1 year. We all dream of the get rich quick strategy (or gamble) , reality is, 95+% of those who chase and try these fail and lose all their money. If you understand the power of compound interests and play the long term gain on low leverage investment, It is just a matter of time till you hit your dream targets. and that's what I am planning for this account. (*past performance does not guarantees future) however, since we started in this new account SP500 grew by 10% and we are closing in to 30%. Sure there will be drawdowns (and recovers), but no ruin! Happy Trading!

Once again, the S&P 500 index SPX is at an all-time high, and the bulls are driving the price higher. The consumer price index data on Wednesday was interpreted favorably, and as a result, the S&P 500 jumped to record highs, both intraday and closing. The flood of general buying was unabated, despite a relatively vacuous outcome of the FOMC meeting later that day, which was followed by some sell programs. Indicators are still bullish despite the fact that they have been largely positive during this phase. As may be expected with a rally this strong, overbought conditions are starting to emerge. 2 Important dates this week: Jun 20 - Unemployment Claims Jun 21 - Flash PMIs