From 1602 to SpaceX, this episode connects stock market history with current market events. We start with the very first IPO, that of the Dutch East India Company in Amsterdam, and draw a parallel with SpaceX, its promises, its collective narrative, and the risk shared with the public. Between historical anecdotes, the psychology of small shareholders, speculation, oil, the Nasdaq, and Trump's announcements on Iran, the common thread remains the same: the public is sold a future as much as an asset. Subscribe if this helps you. Sign up for the newsletter and receive a $100 USD gift token 👉 https://www.benoistrousseau-trading.com/en/news/ 30+ years of trading, 25+ years of teaching, a rare dual experience at your service. 👉 https://www.benoistrousseau-trading.com/en/ Benoist Rousseau Independent Trader • CME & CBOT Member About the author Benoist Rousseau is a trader, member of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), an economic history specialist educated at the Sorbonne and an experienced educator. In the TRADING series, drawing on over 30 years of experience on CME futures, he shares market session analysis, commented trade replays, psychology and risk management — no signals, no promises, raw and unfiltered trading. Risk Warning: Trading in leveraged financial instruments may expose you to a risk of loss exceeding deposits and is only suitable for experienced clients who have sufficient financial means to bear such risk. Transactions in foreign exchange instruments (Forex), contracts for difference (CFDs), Futures, Stocks, ETFs... are highly speculative and particularly complex and carry a high level of risk due to leverage. You must ensure that you understand how these instruments work and that you can afford to take the high risk of losing your money. The videos and articles on this site are for educational and informational purposes only and are not investment advice or any inducement to buy or sell financial instruments. Every investor must make their own judgment before investing in a financial product to ensure it is suitable for their financial, tax and legal situation. Content dubbed from French source via HeyGen. Hosted on Ausha. See ausha.co/privacy-policy for more information.

Oracle and inflation dominate this episode of GOOD MORNING TRADING. I review a session where the 4.2% rise in US prices rekindled fears about interest rates, while Oracle posted a record quarter but fell after hours. The focal point wasn't cloud growth or the order book, but the cash burn and the considered debt issuance. I also explain why a market might penalize good results when financing, interest rates, and the risk of monetary tightening take precedence. Subscribe if this helps you. Sign up for the newsletter and receive a $100 USD gift token 👉 https://www.benoistrousseau-trading.com/en/news/ 30+ years of trading, 25+ years of teaching, a rare dual experience at your service. 👉 https://www.benoistrousseau-trading.com/en/ Benoist Rousseau Independent Trader • CME & CBOT Member About the author Benoist Rousseau is a trader, member of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), an economic history specialist educated at the Sorbonne and an experienced educator. In the TRADING series, drawing on over 30 years of experience on CME futures, he shares market session analysis, commented trade replays, psychology and risk management — no signals, no promises, raw and unfiltered trading. Risk Warning: Trading in leveraged financial instruments may expose you to a risk of loss exceeding deposits and is only suitable for experienced clients who have sufficient financial means to bear such risk. Transactions in foreign exchange instruments (Forex), contracts for difference (CFDs), Futures, Stocks, ETFs... are highly speculative and particularly complex and carry a high level of risk due to leverage. You must ensure that you understand how these instruments work and that you can afford to take the high risk of losing your money. The videos and articles on this site are for educational and informational purposes only and are not investment advice or any inducement to buy or sell financial instruments. Every investor must make their own judgment before investing in a financial product to ensure it is suitable for their financial, tax and legal situation. Content dubbed from French source via HeyGen. Hosted on Ausha. See ausha.co/privacy-policy for more information.

US inflation, the CPI release, and Oracle's earnings shape this trading episode. This review covers the Nasdaq's flash crash, extreme market volatility, the subsequent bounce from support levels, and the discipline required for traders when the market accelerates without warning. I also explain why indices often pause before the 8:30 AM ET data release, and I share my analysis method for the Nasdaq, S&P 500, Dow Jones, CAC 40, and DAX. Discover why Oracle's performance is a key barometer for tech stocks and the artificial intelligence sector. Subscribe if this helps you. Sign up for the newsletter and receive a $100 USD gift token 👉 https://www.benoistrousseau-trading.com/en/news/ 30+ years of trading, 25+ years of teaching, a rare dual experience at your service. 👉 https://www.benoistrousseau-trading.com/en/ Benoist Rousseau Independent Trader • CME & CBOT Member About the author Benoist Rousseau is a trader, member of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), an economic history specialist educated at the Sorbonne and an experienced educator. In the TRADING series, drawing on over 30 years of experience on CME futures, he shares market session analysis, commented trade replays, psychology and risk management — no signals, no promises, raw and unfiltered trading. Risk Warning: Trading in leveraged financial instruments may expose you to a risk of loss exceeding deposits and is only suitable for experienced clients who have sufficient financial means to bear such risk. Transactions in foreign exchange instruments (Forex), contracts for difference (CFDs), Futures, Stocks, ETFs... are highly speculative and particularly complex and carry a high level of risk due to leverage. You must ensure that you understand how these instruments work and that you can afford to take the high risk of losing your money. The videos and articles on this site are for educational and informational purposes only and are not investment advice or any inducement to buy or sell financial instruments. Every investor must make their own judgment before investing in a financial product to ensure it is suitable for their financial, tax and legal situation. Content dubbed from French source via HeyGen. Hosted on Ausha. See ausha.co/privacy-policy for more information.

In this episode, I discuss Cisco in 2000 to shed light on artificial intelligence euphoria. The company briefly became the most valuable in the world by selling the picks and shovels of the dot-com rush, before losing nearly 80% in 18 months. The parallel with Nvidia, semiconductors, and the frenzy around chips serves as the common thread of the session. I also cover the Nasdaq rebound, Asia, Apple and its AI strategy, as well as the anticipation of US inflation and the Fed. Subscribe if this helps. Sign up for the newsletter and receive a $100 USD gift token 👉 https://www.benoistrousseau-trading.com/en/news/ 30+ years of trading, 25+ years of teaching, a rare dual experience at your service. 👉 https://www.benoistrousseau-trading.com/en/ Benoist Rousseau Independent Trader • CME & CBOT Member About the author Benoist Rousseau is a trader, member of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), an economic history specialist educated at the Sorbonne and an experienced educator. In the TRADING series, drawing on over 30 years of experience on CME futures, he shares market session analysis, commented trade replays, psychology and risk management — no signals, no promises, raw and unfiltered trading. Risk Warning: Trading in leveraged financial instruments may expose you to a risk of loss exceeding deposits and is only suitable for experienced clients who have sufficient financial means to bear such risk. Transactions in foreign exchange instruments (Forex), contracts for difference (CFDs), Futures, Stocks, ETFs... are highly speculative and particularly complex and carry a high level of risk due to leverage. You must ensure that you understand how these instruments work and that you can afford to take the high risk of losing your money. The videos and articles on this site are for educational and informational purposes only and are not investment advice or any inducement to buy or sell financial instruments. Every investor must make their own judgment before investing in a financial product to ensure it is suitable for their financial, tax and legal situation. Content dubbed from French source via HeyGen. Hosted on Ausha. See ausha.co/privacy-policy for more information.

Yen, carry trade, and global liquidity: in this episode, I connect the Korean tremor, the risk on equity markets, and an old Japanese mechanism. I explain how the yen at around 160 to $1 remains a barometer, why the carry trade finances part of the flows, and how a movement that is too abrupt can strain the entire chain. The anecdote about Mrs Watanabe sheds light on this backdrop: these Japanese retail investors have long influenced the foreign exchange market before becoming a discreet symbol of global finance. Subscribe if this helps. Sign up for the newsletter and receive a $100 USD gift token 👉 https://www.benoistrousseau-trading.com/en/news/ 30+ years of trading, 25+ years of teaching, a rare dual experience at your service. 👉 https://www.benoistrousseau-trading.com/en/ Benoist Rousseau Independent Trader • CME & CBOT Member About the author Benoist Rousseau is a trader, member of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), an economic history specialist educated at the Sorbonne and an experienced educator. In the TRADING series, drawing on over 30 years of experience on CME futures, he shares market session analysis, commented trade replays, psychology and risk management — no signals, no promises, raw and unfiltered trading. Risk Warning: Trading in leveraged financial instruments may expose you to a risk of loss exceeding deposits and is only suitable for experienced clients who have sufficient financial means to bear such risk. Transactions in foreign exchange instruments (Forex), contracts for difference (CFDs), Futures, Stocks, ETFs... are highly speculative and particularly complex and carry a high level of risk due to leverage. You must ensure that you understand how these instruments work and that you can afford to take the high risk of losing your money. The videos and articles on this site are for educational and informational purposes only and are not investment advice or any inducement to buy or sell financial instruments. Every investor must make their own judgment before investing in a financial product to ensure it is suitable for their financial, tax and legal situation. Content dubbed from French source via HeyGen. Hosted on Ausha. See ausha.co/privacy-policy for more information.

Trading and financial markets under pressure: I review the Washington-Tehran standoff following the Iranian uranium decree, and its cascading effects on Brent crude, inflation, and long-term rates (US 10-year near 4.60%). Wall Street closed in the red while Tokyo surged, also driven by the digestion of Nvidia. I explain why major decisions often drop when markets are closed, and why the optimism of indices (CAC 40 above 8,000) warrants caution. Subscribe if this helps. Sign up for the newsletter and receive a $100 USD gift token 👉 https://www.benoistrousseau.com/en/news/ 30+ years of trading, 25+ years of teaching, a rare dual experience at your service. 👉 https://www.benoistrousseau.com/en/ Benoist Rousseau Independent Trader • CME & CBOT Member About the author Benoist Rousseau is a trader, member of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), an economic history specialist educated at the Sorbonne and an experienced educator. In the GOOD MORNING TRADING series, with over 30 years of experience, he shares his independent analysis of global financial news every morning. Hosted on Ausha. See ausha.co/privacy-policy for more information.

Nvidia earnings beat the consensus, yet US futures remain slightly in the red: I break down this “buy the rumor, sell the news” scenario. The real issue here is interest rates: the 10-year at 4.68 and 30-year at 5.19, a bond pressure that heavily weighs on market valuations. We take a tour of the Asian markets (Kospi, Nikkei, Samsung, Softbank), followed by the CAC 40 and DAX with their monthly pivot points. Finally, a quick word on dropping WTI amid Washington-Tehran discussions. Subscribe if it helps. Sign up for the newsletter and receive a $100 USD gift token 👉 https://www.benoistrousseau.com/en/news/ 30+ years of trading, 25+ years of teaching, a rare dual experience at your service. 👉 https://www.benoistrousseau.com/en/ Benoist Rousseau Independent Trader • CME & CBOT Member About the author Benoist Rousseau is a trader, member of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), an economic history specialist educated at the Sorbonne and an experienced educator. In the GOOD MORNING TRADING series, with over 30 years of experience, he shares his independent analysis of global financial news every morning. Hosted on Ausha. See ausha.co/privacy-policy for more information.

Nvidia earnings in the crosshairs: I recount this "high-tension" day with Wall Street in the red, long-term rates at a peak (30-year yield close to 5.19%), and a market holding its breath before 10 PM. I look back at the Nasdaq, this monthly support hit in the middle of the night, and the idea of avoiding last-minute bets. To explain the risks on Nvidia's side, I use the analogy of a restaurant: the demand is there, but the "tables" are missing, just like DRAM and production constraints. A concrete trading episode, without the drama. Subscribe if this helps. Sign up for the newsletter and receive a $100 USD gift token 👉 https://www.benoistrousseau.com/en/news/ 30+ years of trading, 25+ years of teaching, a rare dual experience at your service. 👉 https://www.benoistrousseau.com/en/ Benoist Rousseau Independent Trader • CME & CBOT Member About the author Benoist Rousseau is a trader, member of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), an economic history specialist educated at the Sorbonne and an experienced educator. In the GOOD MORNING TRADING series, with over 30 years of experience, he shares his independent analysis of global financial news every morning. Hosted on Ausha. See ausha.co/privacy-policy for more information.

Financial markets are under intense pressure. In this episode, I explain why the Nasdaq 100 has suffered significantly more than the Dow Jones, with the S&P 500 acting as a referee. The core issue lies in the heavy impact of US interest rates—with the 10-year Treasury yield around 4.13% and the 30-year near 5.13%—and how American bonds weigh on AI stocks, which must borrow constantly to maintain their pace. I also cover WTI crude oil trading above $100, the geopolitical rumors regarding Iran that briefly supported the CAC 40 index, and the current overall environment of severe market volatility: “we are truly on a minefield”. Subscribe if it helps. Sign up for the newsletter and receive a $100 USD gift token 👉 https://www.benoistrousseau.com/en/news/ 30+ years of trading, 25+ years of teaching, a rare dual experience at your service. 👉 https://www.benoistrousseau.com/en/ Benoist Rousseau Independent Trader • CME & CBOT Member About the author Benoist Rousseau is a trader, member of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), an economic history specialist educated at the Sorbonne and an experienced educator. In the GOOD MORNING TRADING series, with over 30 years of experience, he shares his independent analysis of global financial news every morning. Hosted on Ausha. See ausha.co/privacy-policy for more information.

Morning trading in checklist mode: I start with the economic calendar (few figures, including the New York Fed), then I review Asia with very weak Chinese statistics. Next, an overview of the indices: CAC 40 and DAX in the red, followed by the Dow Jones, S&P 500, and Nasdaq after a historical record and +25% in 6 weeks, weighing the idea of profit-taking. I emphasize technical analysis benchmarks (monthly resistance, monthly pivot point), and note Bitcoin in a range and WTI crude oil around $100. Subscribe if this helps. Sign up for the newsletter and receive a $100 USD gift token 👉 https://www.benoistrousseau.com/en/news/ 30+ years of trading, 25+ years of teaching, a rare dual experience at your service. 👉 https://www.benoistrousseau.com/en/ Benoist Rousseau Independent Trader • CME & CBOT Member About the author Benoist Rousseau is a trader, member of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), an economic history specialist educated at the Sorbonne and an experienced educator. In the GOOD MORNING TRADING series, with over 30 years of experience, he shares his independent analysis of global financial news every morning. Hosted on Ausha. See ausha.co/privacy-policy for more information.