Economy change Nine years ago, the average New York cab driver would have been a rarity among his colleagues for affording a flat in Manhattan. Today that is no longer completely accurate. With the rising house prices and the ever-increasing earnings of most workers, many taxi drivers can buy properties in some of the most […]
Stocks fell amid worries about Omicron
Stocks fell on Monday, the start of a holiday-shortened week of trading, as investors considered new virus-related restrictions in other countries and worried that a significant social policy bill might be shelved. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite dropped more than 2% in intraday trading. Treasury yields declined as investors […]
What are sector ETFs?
ETFs allow for a simple and relatively low-cost way to get diversified exposure to any given sector. Sector ETFs enable investors to quickly get long (or short) exposure to different industries or segments of the economy, which can be especially useful in an efficient market where it is difficult and costly to get unique […]
How to choose the best forex broker?
As the internet becomes more widely accessible, more and more brokers are offering their services online. It has opened up a whole new world of possibilities for how you trade forex, with some restrictions. Thanks to customer reviews on different websites, it is easier to compare various offers, but you must ask questions before […]
XRP price hovers above the $1.01 support level
A pullback to $0.64 would represent a buying opportunity before Ripple rises to $1.17. A close below the $0.92 support will call into question the bullish thesis. The XRP price has been downtrend for over two weeks, implying that a short-term reversal may be approaching. Market participants must watch two near support levels that […]
Tips For CFD Traders
The past decade has seen Contracts for Difference (CFDs) grow immensely, and the curve is expected to continue to even greater heights. CFDs are popular because they allow you to make short-term investments with low capital. However, just like any investment, CFDs come with their own risks. They may be an attractive way of investing, […]
3 Minimum-Risk Forex Trading Techniques that Work in 2021
Forex trading has become the most lucrative financial market in the world-trading almost $7 trillion every day! For new traders and pros alike, this market provides the opportunity to compete at the highest level, but only if you know what you are doing. For most people, the forex market is volatile, risky, and unpredictable. […]
Why Trading Forex CFDs Is a Good Idea
You have probably come across the typical traders’ worry, “Is trading CFDs a good idea?” Some traders will advise you to keep off forex CFD trading because itis a gamble. And could lead to a 70% to 80% loss to your trading account. That begs the question: if forex CFDs trading is not a viable […]
Comparative Study Between Fundamental and Technical Analysis
The art of value investing requires a variety of techniques, one of which is an appropriate strategy. In analyzing the financial market and predicting outcomes, there are two schools of thought-Fundamental and Technical analysis. These two strategies can be used either individually on their own merits or combined to maximize results. At face value, […]
Your Guide to Understanding Technical Analysis
Technical analysis is a trading course used to assess investments and pinpoint trading prospects by assessing statistical trends such as price changes collected from trading activities. Technical analysts believe historical trading activity and security price variations can be prized indicators of the security’s potential price changes. However, technical analysis can be confused with fundamental analysis, […]