USA100 Weekly Special Report based on 1.00 Lot Calculation:
USA500 INDEX:
- WHAT IS A STOCK INDEX: According to Investopedia.com, a stock index measures the price performance of a basket (group) of stocks using a standardized methodology. The NASDAQ 100 Index is one of the world's best-known indexes and one of the most commonly used benchmarks for the stock market.
- COMPONENTS: USA100 includes 100 companies including Apple, Google, Nvidia, Meta, Microsoft and shopping companies such as Amazon
US HOLIDAY SEASON 2024:
- EVENT (NOVEMBER 29): BLACK FRIDAY. Black Friday is a colloquial term for the Friday after Thanksgiving in the United States. It traditionally marks the start of the Christmas shopping season in the United States. Many stores offer highly promoted sales at discounted prices and often open early, sometimes as early as midnight or even on Thanksgiving.
- EVENT (DECEMBER 2): CYBER MONDAY. Cyber Monday is a marketing term for e-commerce transactions on the Monday after Thanksgiving in the United States. It was created by retailers to encourage people to shop online.
- POSITIVE MARKET SENTIMENT IN THE PERIOD BETWEEN NOVEMBER AND DECEMBER: THE USA100 INDEX ROSE 8.32% ON AVERAGE (2019- 2023).
Data Source: Meta Trade 4 Platform
Please note that past performance does not guarantee future results
EARNINGS CALENDAR:
- NVIDIA: WEDNESDAY, NOVEMBER 20, AFTERMARKET
Data Source: Bloomberg Terminal
EVENT:
- US PRESIDENTIAL ELECTION 2024: DONALD TRUMP (R) WINS OVER KAMALA HARRIS (D). Donald Trump has become the 47th president of the USA, and the markets are now expected to focus on his next steps once he takes office.
- LOWER CORPORATE TAXES. Back in 2016- 2020 period, when Donald Trump was the president for the first time, he managed to cut corporate taxes to 21%. He now promised to cut them again, this time to 15%.
- STATISTICS (2016): USA100 ROSE +17.78% WITHIN 6 MONTHS AFTER ELECTIONS AND +32.07% WITHIN 12 AFTER ELECTIONS, WHEN DONALD TRUMP WAS ELECTED 45TH PRESIDENT OF THE USA.
Data Source: Bloomberg
Please note that past performance does not guarantee future results
US FEDERAL RESERVE HAS BEGUN YET ANOTHER INTEREST RATE CUT CYCLE:
- BREAKING (NOVEMBER 7): FEDERAL RESERVE ANNOUNCED ITS SECOND INTEREST RATE CUT IN 2024. The US Federal Reserve decided to cut its benchmark interest rate by 0.50% points in September and 0.25% points in November. The bank expects to cut rates one more time in 2024 to slash its benchmark rate to 4.5% by the end of 2024. The bank expects rates to fall to 3.5% in 2025 and further down to 2.9% in 2026.
- NEXT FED INTEREST RATE DECISION: December 18, 2024 at 19:00 GMT. As of November 18, the market sees high chances for 25 basis points interest rates cut. This could bring current rates of 4.75% down to 4.50%.
USA100, November 18, 2024
Current Price: 20,480
|
USA100 |
Weekly |
|
Trend direction |
|
|
22,800 |
|
|
22,000 |
|
|
21,100 |
|
|
19,900 |
|
|
19,700 |
|
|
19,500 |
Example of calculation based on weekly trend direction for 1.00 Lot1
|
USA100 |
||||||
|
Profit or loss in $ |
23,200 |
15,200 |
7,200 |
-5,800 |
-7,800 |
-9,800 |
|
Profit or loss in €² |
21,997 |
14,412 |
6,827 |
-5,499 |
-7,395 |
-9,292 |
|
Profit or loss in £² |
18,385 |
12,045 |
5,706 |
-4,596 |
-6,181 |
-7,766 |
|
Profit or loss in C² |
32,681 |
21,412 |
10,142 |
-8,170 |
-10,988 |
-13,805 |
1. 1.00 lot is equivalent of 10 units
2. Calculations for exchange rate used as of 11:45 (GMT) 18/11/2024
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.