A1 TRADING | Indices, Commodities, Forex, Futures
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NASDAQ: Is This The Start of Something Big?
The NASDAQ is heating up, with a solid +11 bullish score on the EdgeFinder as it tests a critical resistance level. However, this weekโ€™s market performance is still up in the air, waiting for news from China and major earnings reports from top tech companies like META, MSFT, and AAPL. With META and MSFT kicking things off on April 30th, all eyes will be on their results to see if the bullish momentum continues.
-Frank

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Buying Opportunity?
Chart of the Day: XAU/USD๐Ÿ”ฅ
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The latest Commitment of Traders (COT) report reveals a fascinating contrast: institutional investors are unloading gold and the US dollar while loading up on oil, NASDAQ, and the DOW. This shift in smart money behavior is quite different from the retail crowd, who are still focused on the shiny allure of gold and other commodities.

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Eyes on Jobs Data: A Vital. Week for Market Sentiment
Amid all the uncertainty, the market is gearing up for crucial jobs data, starting with the JOLTS report. This will offer a glimpse into how the ongoing trade barriers have affected the US job market over the past month. Investors will be watching closely for any signs of strain that could further influence market direction.
-Frank

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๐Ÿ”ฅTrade Tracker Now Available to Gold VIP Members

The trade tracker allows gold members to view an up to date dashboard of all the trades our analysts- Nick & Frank are currently in!

๐Ÿ‘€LAST CHANCE: Take 40% off the gold membership with code TGVIP and get lifetime access to our discord community & trade tracker! JOIN NOW
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NASDAQ Daily Chart:

Price action seems to be breaking out here, with bears on the back foot now.

Now that we've recaptured the 90 day pause day on the S&P and Nasdaq, its looking increasingly likely that a bottom to this selloff is in.

This is typically what bottoms look like - messy and before you know it they're behind us.

Is it possible we retake the lows? Of course, anything is possible.

But I would argue that the market would need to see something substantially more scary that what we previously heard, which is a big order to fill.

Bears have their work cut out for them, and I am looking for longs.

- Nick
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A simple idea that most traders miss...

Don't buy insurance when premiums are overpriced.

Put to call ratio has been a really great guide in recent months.
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๐Ÿง  MSFT vs. META โ€” Which Tech Giant Wins the AI Earnings Battle?
Big earnings week in tech. Microsoft reports today. Meta tomorrow.
One just got a price target cut. The other is spending like crazy on AI infrastructure.

๐Ÿ’ธ Liquidity. Growth. Risk.
This week could shift the AI narrative entirely.

Full breakdown insideโ€”whoโ€™s better positioned, and what to watch for:
๐Ÿ‘‰ https://www.a1trading.com/msft-meta-earnings-today/
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This is going away soon...

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NASDAQ: Under Pressure Ahead of Tech Earnings
The NASDAQ is taking a hit this morning, with futures falling sharply after GDP numbers showed negative growth and came in well below expectations. This has added a layer of concern just as a key inflation indicatorโ€”the PCE reportโ€”is due out later today.

Investor sentiment has turned cautious. With slowing growth already confirmed, a hotter-than-expected PCE print could fuel fears of stagflation. Technically, the NASDAQ is pressing up against notable resistance on the daily chart and appears to be rolling over. The next move could hinge on todayโ€™s inflation data and the tone set by Microsoft and Metaโ€™s earnings. These events may very well determine whether this week ends in a recoveryโ€”or a deeper pullback.

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Gold: Neutral for Now, But Eyes on the Horizon
Gold has slipped back to a neutral score on the EdgeFinder, suggesting a lack of clear directional bias for the time being. However, that could change quickly. If earnings disappointโ€”particularly in the AI-driven tech spaceโ€”or if economic data continues to deteriorate, gold could catch a bid as a safe-haven play.

Friday's Non-Farm Payroll (NFP) report is another potential catalyst. Current expectations are for significantly weaker job growth compared to last month. A soft labor print combined with todayโ€™s GDP miss would add weight to the argument that the economy is coolingโ€”and that could re-ignite interest in gold.

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YTD in my main portfolio. Up about 5.5%. Not super exciting, but holding it together in what has been a challenging year.

- Nick
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Gold Breaks Down as Risk Appetite Returns
Gold has finally cracked. After months of climbing on geopolitical fears and a shaky risk environment, the tide has turned. Strong earnings and signs of cooling trade tensions between China and India have dented the metalโ€™s appeal. Meanwhile, the dollar is perking up again, suggesting investors are rotating out of safety trades.

As long as risk sentiment continues to recover, gold could return to more moderate levels within its longer-term channel.
-Frank
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