US stocks posted strong gains on Thursday as all three major US indexes closed higher boosted by companies’ strong financial results.The Nasdaq climbed 2.43%, while the Dow and S&P500 registered their best day since January by adding 1.57% and 1.96% respectively. In the meantime, Gold extended its decline reaching the 1975 support on the back …
Meta shares rallied on Wednesday after the company released its revenue for the first quarter which came out above estimates and revived investors’ optimism regarding the future of the company in a very challenging environment. Initially, analysts surveyed by FactSet expected net earnings to average $2.02 per share on revenue of $27.7 billion. However, (META) …
The US Dollar retreated on Wednesday before bouncing back at the end of the US trading session as traders await the FED’s next interest rate decision due next week. Gold reached a high of $2009 per ounce before ending the day below the 2000 psychological barrier while Oil extended its decline to the $74 per …
Being profitable in trading requires a combination of knowledge, discipline, and experience. Here are some tips on how to find success in trading: Develop a trading plan: A trading plan is a written set of rules that define your trading strategy, including entry and exit points, risk management techniques, and profit targets. A trading plan …
US indexes closed on a mixed note on Monday ahead of a busy week. The Dow rose 0.23%, the Nasdaq Composite fell by 0.29% while the S&P500 was little changed. This week, investors await a set of earnings reports including big tech companies such as Amazon, Meta, Alphabet, and Microsoft. On the other side, Both …
It is one of the ways that traders use the forex market to protect their positions from the risk of potential loss arising from news and events affecting the global markets and hedging is a short-term approach to maintaining a long-term investment.There are several ways to implement the hedge strategy, but the complex ones are …
US stocks were little changed on Wednesday amid rising bond yields and a set of corporate earnings. The Dow was down 0.23%, the Nasdaq Composite climbed 0.03% while the S&P500 closed 0.01% lower. Netflix shares lost 3.2% after the streaming company disappointed investors by delaying plans for password sharing crackdown. On the other side, Gold …
Gold is a safe house for individuals and countries as well, where gold is a store of value and enjoys the stability of its properties as a metal and cannot lose its value with time. It cannot be controlled by any state or organization because of a force affected by ASK and BID. The gold market enjoys …
All major US stock indexes closed higher on Monday as investors await a busy earning week ahead. The Dow added 100 points, the Nasdaq Composite climbed 0.28% while the S&P500 rose 0.33%. On the other side, the US Dollar extended its recovery, in the meantime, gold prices retreated ending the day below the $2000 mark. …
US stocks jumped while the US Dollar extended its decline on Thursday after the March producer price index data came out below expectations. This decline confirmed the recent slowdown in inflation following the latest consumer price index release. All three major US stock indexes closed in green, the S&P500 rose by 1.33%, the Nasdaq climbed …