40% of our retail client accounts were profitable in the last quarter*. Contracts for Difference (CFDs) are complex instruments and come with a high risk of losing money rapidly due to leverage. You should not trade with money you cannot afford to lose.
Meta, Alphabet, Amazon, Microsoft and Apple report amid newly found AI optimism, but risks from uncertain macros and the economic fallout from the Middle East conflict loom.
SPX500 breaking above 7,000 shows a powerful but narrow, momentum-driven rally, where overbought conditions and concentrated gains leave the market vulnerable to a pullback if oil, earnings, or AI sentiment shifts.
A rise in Q1 EV deliveries may help struggling financials, but auto challenges are set to persist as markets focus on the AI shift and robotaxi rollout.
Markets are entering a critical earnings test where Big Tech must prove massive AI spending is translating into real, sustainable returns, not just hype.
This week’s setups lean more risk-on, shifting from recent defensive positioning as market sentiment improves. However, the outlook remains fragile, and any escalation in geopolitical tensions could quickly reverse this stance and push us back toward a more cautious approach.
Delta’s earnings arrive at a period of fresh risks for the air travel industry, as the spike in oil prices adds to an already uncertain macro environment, threatening its growth momentum.
Elevated fear (high VIX) is signalling a potential contrarian bounce in equities, but persistent geopolitical risk and volatility mean caution remains.
Against a highly uncertain macro environment and an AI narrative that is not that straightforward anymore, we examine five companies tied to the AI boom and its buildout. Alphabet, Micron, Apple, Caterpillar, Newmont.
The S&P 500 sell-off is being driven by a surge in oil prices from escalating Middle East tensions, amplifying inflation fears, tightening financial conditions, and exposing deeper risks in private credit and AI-driven earnings expectations.
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* The percentage of our retail client accounts that were profitable in each of the previous most recent quarters was: Quarter 1, 2026: 40% | Quarter 4, 2025: 49% | Quarter 3, 2025: 37% | Quarter 2, 2025: 36%. These figures are provided for transparency purposes only and do not constitute an indication of future performance or results.
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Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, Friedberg Direct, FXCM or its affiliates takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of Friedberg Direct and FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the Friedberg Direct's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.**