Gone are the days when Forex brokers offered justcurrency pairs. Today’s top brokers are offering a range of tradable assets, including stock trading. .
But as is the case with other types of trading, understanding market movements and trends is not just recommended, it’s critical in order to trade successfully. Stock market analysis is a critical tool for anyone who is thinking about breaking into this trading arena, as well as for those who are already dabbling in stock trading, and DailyForex is proud to provide you with regularly updated analysis of the hottest stocks on the market.
Stock trading comes in various forms, with the ability to short the market if you expect a downtrend, or to long the market if you expect an upswing. Stock market analysis can help you determine which way the market will fluctuate, eliminating the guesswork and pitfalls that commonly lead to losses. With stock trading, like with Forex, you can also set take profits and stop losses to minimize risks – but oftentimes traders need guidance from a professional in order to know how to make these decisions. Why trade stocks blindly or based on a hunch, when you can trade smartly?
Most Recent
S&P 500: July Could Attract Buyers Who Want To Follow Crowd
Nasdaq: Recent Bullish Gains May Signal A Solid July Move
The NASDAQ 100 gapped lower to kick off the trading session on Monday, dropped a bit, but then found buyers underneath at what would be the bottom of the overall channel.
Top Forex Brokers
The S&P 500 initially gapped lower to kick off the trading session on Monday as people started to worry about coronavirus figures again
Germany’s economy is faced with a steep recession in 2020, estimated between 6.5% and 8.5%, while it battles a resurgence of Covid-19 infections.
The S&P 500 fell hard during the day on Friday, but the thing that you should pay more attention to than the negativity is the fact that the 3000 level is still a hot zone for both buyers and sellers.
The NASDAQ 100 fell pretty significantly during the trading session on Friday as traders began to worry about the United States’ situation as there are multiple states showing signs of a spike of the coronavirus.
Growth forecasts for the German economy have been revised lower, following a series of global GDP adjustments to the downside.
The S&P 500 broke down significantly during the trading session on Thursday, reaching down towards the crucial 3000 level during the Globex session.
Bonuses & Promotions
The NASDAQ 100 initially fell during the trading session on Thursday during the Globex session but found plenty of support near the 9900 level to turn around and rally.
The stock markets was hit during the trading session on Wednesday, as we continue to worry about whether or not there is going to be a vaccine for the coronavirus situation, but quite frankly there has been a lot of cracks under the ice for some time.
The NASDAQ 100 formed a negative candlestick during the day, piercing the 10,000 level but did break back above it.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
Covid-19 infections continue to rise, with North and South America accounting for the most significant increase.
The S&P 500 broke down a bit during the trading session on Tuesday, reaching down towards the 3050 handle before finding buyers to form a bit of a hammer.
The NASDAQ 100 has had an interesting day, pulling back during the early hours to reach towards the 10,000 level before finding buyers yet again.