Trade Secrets

In May, combined exchange volumes fell 3.45% to $4.41T — the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.

Investors are pulling back from high-flying technology stocks as concerns over stretched valuations ripple across global markets. South Korea's Kospi Index has now fallen 10% from its record high, while Nasdaq 100 futures dropped 2.6% and S&P 500 futures slid 1.4%

I learned it the hard way. I know many of you have as well, but there is obviously some younger traders in this audience. There were big short positions that got burned badly in 2016 when the Trump campaign ultimately triumphed.

US Stocks point to a slightly lower open as investors weigh renewed Iran tensions against a freshly announced 60-day peace roadmap, with all eyes turning to Thursday's PCE inflation report after last week's hawkish Fed surprise.

Wednesday was the most important Fed meeting in 16 years. How many of you remember the late August meeting of 2010 when Bernanke introduced us the QE bond buyback program?

US Stocks point higher in premarket as the formally signed US-Iran peace deal overrides a hawkish Fed hangover, with oil sliding to three-month lows and Asian markets hitting fresh records overnight

I want to believe there is really a peace deal, don’t you? There’s a chance this time. For the first 40+ times Trump announced a deal, we did not have confirmation by either Iran or Israel.

US Stocks point to a mixed open as Wall Street braces for the Fed's most consequential meeting in years, with new Chairman Kevin Warsh set to deliver his first policy decision

US Stocks hold near highs as markets digest Monday's Iran peace deal surge, with attention now squarely on the Federal Reserve's first meeting under new chairman Kevin Warsh beginning today, and a pair of blockbuster deal announcements dominating the premarket tape.

US Stocks surge at the open of a holiday-shortened week as the US-Iran peace deal — announced Sunday night — triggers the most significant risk-on move of 2026, sending futures sharply higher, oil tumbling, and bond yields retreating