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?
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The S&P 500 appears poised to encounter some profit-taking following its recent meteoric ascent.
The S&P 500 showed signs of strength during Friday's trading session, initially rallying and approaching the significant 4500 level.
The S&P 500 index showcased a semblance of tranquility during Wednesday's trading session, as market participants held their breath in anticipation of the Federal Reserve's statement.
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The S&P 500 exhibited a significant rally during Wednesday's trading session, driven by a prevalent fear of missing out (FOMO) among traders.
The TRY/USD traded stable against the US dollar during yesterday's trading on Monday and early trading on Tuesday morning, as the Turkish currency was relatively stable after a long series of losses.
The S&P 500 initially attempted a rally during Monday's trading session, but gains were quickly reversed as the area above the 4300 level continues to pose a significant challenge.
The S&P 500 displayed further gains on Friday as a steady inflow of money drove the stock market.
The S&P 500 index continues to encounter considerable noise and resistance around the 4300 level, which holds significant psychological importance and has previously acted as a barrier to further gains.
The S&P 500 experienced an initial pullback during Wednesday's trading session, only to reverse and display signs of life.
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The NASDAQ 100 initially tried to rally during the trading session on Wednesday but then got hammered after the Bank of Canada decided to raise interest rates.
The S&P 500 exhibited a back-and-forth movement during Tuesday's trading session, with the index hovering just below the significant 4300 level.
The NASDAQ 100 rallied just a bit during the trading session on Monday, reaching above the 14,600 level.
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Sign up to get the latest market updates and free signals directly to your inbox.One of the unique aspects of the Non-Farm Payroll announcement day is its inevitable interpretation variability by traders.
The S&P 500 experienced an initial rally in the futures market but struggled to sustain gains due to strong ADP employment numbers.
The NASDAQ 100 turned things around during the trading session on Thursday, as it looks like the buyers are starting to come back into the picture.