December 20, 2018

Another Brick In the Wall

The US equities markets have been on edge this week due to a variety of issues. One issue yesterday was the FOMC’s decision to raise rates again, as well as their projections of future rate hikes and thoughts on the well being of the economy. But today’s primary issue is concern about a possible government shutdown. The Trump administration and the Freedom Caucus are determined to secure funding for a border wall, but the DNC and many in the RNC are not. This has set the markets up for strong volatility, but ultimately a government shutdown is not as substantial an event to the economy as some might think. Here’s a recap.

about the author:

Mike Patton

Mike Patton took the leap into the markets beginning as a commodities broker in 2005, where he was responsible for identifying trading opportunities and executing trades on behalf of clients. After years as a broker he made the jump to education by joining the team at Trading Advantage, now Prosper Trading Academy.

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Every week, the coaches at Prosper Trading Academy offer their insight on some of the most challenging questions covering recent stock market developments, trading tips, and relevant news stories. This week, Scott Bauer, Charlie Moon, and Mike Shorr give their thoughts on why certain stock market sectors are staying resilient amid the FOMC fallout, and […]

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If you are actively trading in the stock market in 2024, chances are you’ve heard a new buzzword flying around: Prop Trading, short for Proprietary Trading. Whether you’ve tried prop trading or not – or have even heard of it at all – its popularity is quickly growing because it provides everyday traders with a […]

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September 26, 2022

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Every week, the coaches at Prosper Trading Academy offer their insight on some of the most challenging questions covering recent stock market developments, trading tips, and relevant news stories. This week, Scott Bauer, Charlie Moon, and Mike Shorr give their thoughts on why certain stock market sectors are staying resilient amid the FOMC fallout, and […]

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