The coronavirus stock market rally rebounded after massive selling in the preceding three sessions. The major indexes closed near session highs. The Dow Jones Industrial Average climbed 1.6% in Wednesday's…
Tuesday's tech-driven stock market rally brought some interesting results. Dow Jones futures gained 200 points early Wednesday, while S&P 500 futures and Nasdaq 100 futures also acquired much stronger positions.…
CNBC conducted a poll among 20 stock market strategists in order to understand the potential impact the Presidential elections in November this year may have on stocks. Turns out, the…
There has been a popular - quite optimistic, too - opinion circulating around, according to which the year of 2021 will bring a soaring stock market. It is believed that…
As of Wednesday's update, the Federal Reserve left the near zero interest rates policy unchanged. The Fed once again made an emphasis on the fact that the success of the…
The latest personal finance survey shows that more than a quarter of Americans turn to the stock market for long-term investments. Bankrate conducted their study based on a sample of…
Burberry Sales Drop 45% Burberry (BURBY) had a depressing first quarter. The luxury retailer reported same-store sales plummeted 45% as business was "severely impacted by the drop in luxury demand…
It seems almost impossible to remember life before the pandemic and as many anticipated, life is never going to be the same. Coronavirus cases worldwide have reached 11.95 million. Covid-19…
In the midst of rising COVID-19 infections in the US, hopes for a vaccine found a reflection in the Asian stock markets. Investors have been watching the vaccine reports closely,…
Violent spikes of COVID-19 cases in America delivered another reality check to those who had their hopes high for a speedy economic recovery and complete victory over the coronavirus pandemic.…
On Wednesday, US stocks dropped, ending 3 consecutive days of positive results for S&P 500. US indices closed on Wednesday with mixed results: S&P 500: 3,113.49, down 0.4%Dow Jones industrial…
On Wednesday the Central Bank announced its forecast for a slow economic recovery from the COVID-19 recession. The near-zero interest rates remain unchanged. When Fed officials announced their first economic…
US news headlines have been dominated by reports and updates on the protests and riots across the country. Furthermore, tensions between China and the US rise. And yet somehow the…
According to the latest annual report by Incrementum AG, the gold price forecast suggests that it could reach the $5,000 per ounce mark in 10 years from now. Based on…
As US citizens started receiving their $1,200 stimulus checks, Walmart and other big retailers, including Apple and Target, reported increased sales in certain non-essential categories. Besides the fact that many…
It was only last week that President Donald Trump gave hope to the nation and the whole world by rushing the FDA to authorise remdesivir as a treatment for coronavirus.…
Oil Gains Another 20% As Demand Recovers Demand for petrol is starting to show signs of life after a historic collapse. Oil prices are pushing sharply higher. US crude oil…
Gilead Sciences Inc (GILD) has been working on an experimental coronavirus treatment, known as remdesivir, and has recently succeeded in a Phase 2 study. The report has shown a proven…
In an attempt to support the US market in the midst of the COVID-19 pandemic, Donald Trump has announced a possibility of stopping all crude oil imports from Saudi Arabia.…
The coronavirus stock market rally had another lap complete in the green, raising confidence in investors and traders alike. NASDAQ leads the race as it gained nearly 4%, maintaining its…
The stock market rally continues with two consecutive solid days. OPEC+ meeting this coming Thursday is the main reason why the previously low crude oil prices jumped on Wednesday. Major…
The US market has endured the most painful first quarter in history, and the suffering isn’t just over yet. The second quarter launched in the red. While the COVID-19 crisis…
"This is a wartime level of investment into our nation." A statement made by Senate Majority Leader Mitch McConnell is just as staggering as the amount of the approved stimulus…
The impact of the coronavirus outbreak on the world economy as of today is rather pessimistic. Before the WHO declared coronavirus (COVID-19) a pandemic, Bloomberg had estimated the losses to…
If you’re a Forex trader from your living room in France or Italy, it can be difficult to understand how a political or economic event in a faraway country like…
The Federal Reserve is caught between a rock and a hard place. The current circumstances in the global economy are difficult because of the ongoing trade war between the US…
Have you ever wondered how traders know when to buy or sell crude Oil derivatives and what moves Oil prices? If you’ve ever asked yourself how to analyze Oil prices,…
Early 2020 looks like it’s going to look much like late 2019. The trade war between China and the US is alive and well at the time of writing. The…
The trading world waits with baited breath for China and the US to settle their differences and put an end to the volatile situation. But meanwhile, the trade war uncertainty…
As the world’s currencies evolve steadily and become more electronic in nature, China is studying the idea of launching a digital Renminbi. China blockchain The digital currency would be secured…
𝐖𝐢𝐥𝐥 𝐓𝐡𝐞 𝐔𝐊 𝐒𝐩𝐥𝐢𝐭? Back in 2016, the EU referendum aka the Brexit referendum caused raging speculations that the UK will eventually split up after leaving the Eropean Union. Fast-forward…
The hard Brexit effect on the Pound has been agonising: the GBP is slowly but surely rolling downhill, towards the devaluation rock bottom. It dropped to two-year lows against the…
Knowing how to handle psychological conflicts is as critical as developing a highly detailed risk/money-management strategy and trading methodology. When all the components function in parallel, nothing stands between you…
Penny stocks don’t necessarily have to be priced at pennies, although you’ll find plenty of stocks that are cheap as chips. Penny stocks typically refer to stocks that go for…
Who hasn't heard of Warren Buffett — a titan of an investor and one of the world's richest men, constantly ranking high on Forbes' list of billionaires? As of early…
Don’t we all wish we could find the easiest way to trade Forex? Believe it or not, the technology has come a long way to make trading Forex with minimum…
Have you ever thought about how to learn trading online the proper way? Ignoring the theoretical part and rushing into trading with real money is likely to leave you disappointed…
There isn’t a single investor who hasn’t heard of legendary George Soros aka "The Man Who Broke the Bank of England" on 16 September 1992. On that historical day, not…
Did you know that traderXlab is among those Forex brokers that accept bitcoin deposits? Now that you do, it’s time to look into Bitcoin trading 101, as well as some…
Many of us have been wondering, including seasoned traders, what is the best cryptocurrency to buy right now. Or whether anyone at all should invest in cryptocurrency in 2020. This…
Those of you who have been trading Forex, stocks or other assets for some time, already know the answer to this question. To those traders who are just beginning their…
Successful Intraday Trading Strategies In order to become a good intraday trader, you must follow the golden rules of the successful intraday trading strategies. While some of them might seem…
Momentum trading system involves buying and selling assets (Forex, stocks, indices, etc.) based on the recent force of price trends. The idea is very straight-forward: provided there is sufficient force…
If you’re thinking whether or not you can or should start scalping Forex for a living, you may already have asked yourself quotations, like “Is Forex scalping profitable?” or “What’s…
If you’re not sure what trading style best compliments your trading abilities, make sure to take a test from the What Type Of Trader Are You - Quiz series. Once…
If you have a mindset of an investor; if you can focus and be motivated by a long-term perspective, and if you don’t act on a whim - congratulations! -…
Once you leave the safety of the Demo account and join the ranks of real traders, your trading style will determine the way you trade. With time, as you finesse…
It’s sad to admit that most casual traders end up losing all their money in Forex. Today, every reputable Forex company is obliged to disclose the percentage of retail investors…
Don’t you just hate losing? It doesn’t really matter whether you’ve just lost at rock paper scissors or at something far more significant, the immediate psychological response is always the…
Regardless of what you may have read or heard about forex trading until now, to start forex trading from home is easier than you can imagine. While, of course, there…
Trading for free and earning real money IS possible! How about that for an opening line? Let’s jump straight to the point as there’s a lot of explaining that has…
Before we dive deep into understanding how to read FOREX numbers, aka forex quotes, we need to tackle the terminology. Every novice trader knows that a trader’s profit or loss…
Due to the fact that markets react to the news, economic releases often serve as the most important stimulant for short-term movements. The currency market is particularly sensitive; it responds…
The result of the recent events due to COVID-19 pandemic has sent the stock market into a meltdown. Panic has spread among investors and knocked businesses down with a great…
No one could foresee the seriousness of the situation and the rapid spread of coronavirus (COVID-19). What is more, no one could have imagined the impact coronavirus would have on…
