The shopping season is not the same for all of us. For some, it’s a great opportunity to buy gifts for their loved ones. For some, a chance to boost their sales with well-crafted marketing campaigns. What does the season mean for traders? How do they regard the discount offers? Do they shop much? Does Black Friday affect their trading?
November 30, 2022
Santa's rally refers to the tendency for the stock market, especially the S&P 500, to rally in the week leading up to Christmas on December 25 and typically takes place during the last week of December through the first few days of January. The trend of the Santa Claus rally was first identified by the analyst and founder of the Stock Trader’s Almanac, Yale Hirsch.
November 29, 2022
Morgan Stanley analysts acknowledged that some customers’ opinion toward the producer of electric vehicles (EVs) is being impacted by Elon Musk’s recent agreement to take Twitter private. Following recent discussions with Tesla investors, the analysts noted that some say they do not wish to have an association with the controversy surrounding Musk and Twitter.
November 28, 2022
As the busiest shopping season of the year approaches, consumers are getting ready to open their wallets and swipe their cards away. However, this season is not only exciting for shoppers to get their hands on major purchases, but it’s also one to look forward to by investors and traders.
November 27, 2022
USDC is a coin that traders take advantage of to earn interest. There are multiple ways to do this, and it is one of the unique features of crypto, as traditional banks offer very little in the way of yields. Understanding how to use the USDC token is valuable for those trading cryptos. USD Coin, referred to as “USDC,” is a type of cryptocurrency known as a stablecoin.
November 25, 2022
The year 2022 was rich in major shocks and bankruptcies of cryptocurrency projects - after each such event, all assets fall in price simultaneously. The current crisis was no exception: the transformation of FTX, the fourth-largest cryptocurrency exchange by turnover, into a full-fledged bankruptcy in a few days was a shock to investors.
November 24, 2022
The 22nd education of the FIFA World Cup is scheduled to take place this year in Qatar from 20 November to 18 December 2022. This marks the first-ever World Cup held in an Arab nation and the second time held in Asia. Sponsorships and partners of the FIFA World Cup are bound to gain huge exposure.
November 22, 2022
The stocks that value investors seek typically look cheap compared to the underlying revenue and earnings from their businesses. Investors who use the value investing strategy hope the stock price will rise as more people come to appreciate the true intrinsic value of the company’s fundamental business.
November 21, 2022
Cisco Systems, Inc once dominated market networking tools, computer software, telecommunications, and other high-tech services and goods. They are still a major player in the tech space, but they are also over 30 years old. Are they still leading the field, or are they falling behind?
November 18, 2022
It cannot be that you have never heard of NFTs. Artists sell their paintings in NFT format, musicians release NFT albums, and even Banksy's work "Morons (White)" has become a virtual asset. This is a real paradise for digital art connoisseurs and those who simply like to own unique assets. Unsurprisingly, the popularity of NFTs is only growing.
November 16, 2022
DAOs may be where all the action takes place, but the genesis of new Web3 communities popping up on the scene starts with the NFT. Nonfungible tokens (NFTs) are giving Web3 communities...
November 15, 2022
A CFD is an agreement between two parties to exchange the difference in the value of a financial product between the time the contract opens and closes. It is a derivative product that enables to trade a wide range of financial markets. CFDs allow speculating on the underlying price of an asset through a trading platform without actually owning the asset.
November 14, 2022
The BAYC founders want an NFT creator royalties model that ensures transferring NFTs between wallets remains free and encourages creators to remain within the NFT ecosystem. The founder of Bored Ape Yacht Club (BAYC) has weighed in on the ongoing nonfungible token (NFT) creator royalties debate and shared a potential path forward that they believe best deals with the issue.
November 13, 2022
Why is gold falling against USD? After all, gold and other precious metals are supposed to be safe haven options during times of economic uncertainty. Gold had an epic rally up to $2036 at the beginning of 2020, followed by a 2-year ride full of difficulties. But after Q2 of 2022 got underway, XAUUSD took a dive.
November 11, 2022
Over the last few years, the Shiba Inu cryptocurrency has exploded in popularity. The coin initially started as a "meme coin" but has found significant loyalty from its community. The Shiba Inu markets have made some people extreme amounts of money but have also been very volatile. Shiba Inu investing can be a great way to diversify your crypto holdings.
November 10, 2022
Amazon’s Q3 revenue report of $127 billion was close to analysts projections of $127.5 billion. But net income fell from $3.1 billion in Q2 to $2.8 billion. Along with revenue drops, stock price has dropped too. AMZN continues a decline that started 1 year ago, from an ATH of $184 to $96. Is it rock bottom, or will there be more bulls than bears this winter?
November 9, 2022
The global broker OctaFX announced the launch of CFD trading on stocks. These 150 new assets listed on 16 stock exchanges around the world made an impressive contribution to the already existent 80 CFD instruments, including currencies, commodities, stock indices, and cryptocurrencies.
November 8, 2022
Overall, last week passed, as predicted, without any majorsurprises. The main event was the FOMC (Federal Open Market Committee) meeting of the US Federal Reserve on Wednesday, November 2, at which it was unanimously decided to raise the key rate by 75 basis points (bp) to 4.00%. This is the highest level since 2008.
November 7, 2022
The dollar traded mixed against the other major currencies on Tuesday but came under some broad-based selling today, with investors hoping that Fed Chair Powell and his colleagues will hint at slower rate increases when they announce their monetary policy decision later today. The market is in full agreement that the Committee will deliver its fourth consecutive 75bps hike.
November 3, 2022
Dogecoin has returned to growth, adding 16% since the start of the day on Monday. Like BTC, DOGE bottomed in June and traded in a deafening sidewall until last week. Its surge of 140% in seven days has formed a promising bullish picture. Is it possible that it will become a leader in the entire crypto market? Why not.
November 1, 2022
EUR/USD grew until Thursday, October 27, and even rose above the landmark level of 1.0000, reaching 1.0092. The reason for this, most likely, was the hope of a number of investors that the ECB would raise the rate not by 0.75, but by 1.0 or even more basis points (bp) at its meeting. However, their dreams remained dreams. There happened exactly what most market participants expected.
October 31, 2022
In euro land, the ECB rolled out another three-quarter point rate increase to stomp inflation, but the overarching message was one of caution. President Lagarde stressed that the economic data pulse has started to weaken and essentially opened the door for a slowdown in the pace of tightening moving forward. As has become customary, the real guidance came from media reports after the press conference citing "ECB sources".
October 28, 2022
The dollar’s retreat helped euro/dollar climb back above parity for the first time since September 13, with euro traders locking their gaze on the ECB decision today. A 75bps hike is fully priced in and thus, if this is the case, any market reaction is likely to come from the accompanying statement and/or President Lagarde’s press conference.
October 27, 2022
If you have just started trading, then you must have started getting acquainted with the basics of trading forex and online forex trading techniques. The more you learn, the more you will understand and perhaps the easier it will get. Trading forex, like every other endeavour, requires practice, learning and determination to keep pushing forward, even when the going gets hard and you lose your focus.
October 26, 2022
The investment landscape is changing rapidly, with new technologies and financial instruments emerging every year. However, many investors look for reliable and proven types of investments, which typically include conservative ones, such as gold, real estate, mutual funds, corporate bonds, and the time-tested - as well as rather faster-paced - Forex market.
October 24, 2022
Crypto lending allows cryptocurrency owners to lend their coins to borrowers. They will gain some profit as a result of this. It's more like putting money in a savings account that earns interest. A cryptocurrency loan can be given or received through a cryptocurrency exchange or decentralized finance (DeFi) lending platform.
October 19, 2022
Throughout the first half of the week, EUR/USD moved sideways along the 0.9700 horizon as markets waited for the release of US inflation data. And it was on Thursday, October 14 that the Department of Labor Statistics of the country published fresh values of the Consumer Price Index (CPI), which exceeded the forecast values.
October 17, 2022
We can argue about whether investing in Netflix (NFLX) stock is a good or bad option, but there is no denying that the American entertainment company has changed the rules of the game in the TV series and movie production industry. It was other entertainment companies that had to adapt to Netflix's streaming model.
October 13, 2022
EUR/USD updated another 20-year low on September 28, bottoming at 0.9535. This was followed by a correction, and the pair came close to the parity level on Tuesday, October 04, rising to 0.9999. However, the happiness of the bulls was short-lived, followed by another reversal to the south and the finish line at 0.9737.
October 10, 2022
Nowadays, there are numerous trading approaches and systems both for trading on forex and CFD contracts. And since it all can be transformed into a computer algorithm, the number of automated trading systems is proportional to the number of ready strategies. Even if you already have a ready profitable strategy, it can be computerized in the form of a forex trading robot, which will do the work of the trader.
October 7, 2022
The Titans of Global Business: Largest and Most Valuable Companies in the World for 2024
As we step into 2024, the landscape of global business is dominated by colossal corporations that not only drive economic growth but also shape societal trends and technological innovation. These behemoths, sprawling across various sectors like technology, energy, and healthcare, have significant influence on global markets and investment landscapes.
Crypto Market Could be on the Verge of Another "Winter": Investment Worthy Cryptocurrencies in 2023
The crypto industry hasn’t lived through such a crisis since 2018 when the first post-halving rally ended with capitulation and the eventual fall of Bitcoin (BTC) to $3,000. That infamous period was dubbed the Crypto Winter, and it seems that the chilling wind is blowing again. Unfortunately, Bitcoin has been failing its mission to serve as the global reserve currency, the digital gold as many labeled it.