Tilray on Fire (+40%) on Cannabis Decriminalization News
All cannabis stocks have skyrocketed on the news that the US House of Representatives would consider a bill that decriminalizes marijuana next week.
Tilray is a pharmaceutical, cannabis-consumer goods manufacturer based in New York City and active in Canada, Australia, New Zealand, Latin America, Germany, and Portugal.
The cannabis stocks rallied yesterday and jumped 17% on Friday’s opening, extending two-day gains to 40%. Since then, the price dropped from $8.2 to $7.44 as investors cashed in their profits.
Is it a buy-low opportunity or time to short overpriced Tilray?
https://app.simplefx.com/instruments/TLRY.US/chart
All cannabis stocks have skyrocketed on the news that the US House of Representatives would consider a bill that decriminalizes marijuana next week.
Tilray is a pharmaceutical, cannabis-consumer goods manufacturer based in New York City and active in Canada, Australia, New Zealand, Latin America, Germany, and Portugal.
The cannabis stocks rallied yesterday and jumped 17% on Friday’s opening, extending two-day gains to 40%. Since then, the price dropped from $8.2 to $7.44 as investors cashed in their profits.
Is it a buy-low opportunity or time to short overpriced Tilray?
https://app.simplefx.com/instruments/TLRY.US/chart
Simplefx
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Trade global assets from any device, anywhere. Apple, Tesla, Nvidia, and more stocks. Trade Forex. Buy and sell bitcoin, gold, oil, and other commodities.
Tesla Halts Shanghai Production
Customers will have to wait even longer for their new Teslas. The carmaker paused production in Shanghai. China’s largest city has entered the first lockdown since 2020 due to a sharp rise in COVID cases. The decision to shut down Shanghai will affect the global economy.
As for Tesla, the closure will affect its Q1 results. Tesla stock has been gaining over 30% since March 15, breaking the $1,000 resistance with ease.
Time to sell? Or maybe a buy-low opportunity when the market opens at 13:30 UTC today?
https://app.simplefx.com/instruments/TSLA.US/chart
Customers will have to wait even longer for their new Teslas. The carmaker paused production in Shanghai. China’s largest city has entered the first lockdown since 2020 due to a sharp rise in COVID cases. The decision to shut down Shanghai will affect the global economy.
As for Tesla, the closure will affect its Q1 results. Tesla stock has been gaining over 30% since March 15, breaking the $1,000 resistance with ease.
Time to sell? Or maybe a buy-low opportunity when the market opens at 13:30 UTC today?
https://app.simplefx.com/instruments/TSLA.US/chart
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Trade global assets from any device, anywhere. Apple, Tesla, Nvidia, and more stocks. Trade Forex. Buy and sell bitcoin, gold, oil, and other commodities.
Commodities, gold raise again on vain hopes for Russia’s withdrawal from Ukraine.
For two days it seemed the war was over on the financial markets. Today investors are back in crisis mode.
Natural Gas (+4.54%), UK OIL (1.69%), Gold (0.7%) are all in the green.
European stocks fall. DAX40 (-168%), CAC40 (-1.3%), STOXX50 (-1.5%).
Wall Street has just opened flat and may go either way. Stay tuned!
https://app.simplefx.com/instruments/SPX500
For two days it seemed the war was over on the financial markets. Today investors are back in crisis mode.
Natural Gas (+4.54%), UK OIL (1.69%), Gold (0.7%) are all in the green.
European stocks fall. DAX40 (-168%), CAC40 (-1.3%), STOXX50 (-1.5%).
Wall Street has just opened flat and may go either way. Stay tuned!
https://app.simplefx.com/instruments/SPX500
Simplefx
SimpleFX WebTrader
Trade global assets from any device, anywhere. Apple, Tesla, Nvidia, and more stocks. Trade Forex. Buy and sell bitcoin, gold, oil, and other commodities.
Natural Gas Soars as Russia Threatens to Stop Exports!
Russia will stop supplies of gas to “unfriendly” states unless they pay for the commodity in rubles, said President Vladimir Putin.
Natural Gas spot prices jumped 4.45% today, 9.37% during the last two trading days, and are approaching the highs from October 2021.
“To buy Russian gas, they need to open ruble accounts in Russian banks. From those accounts, gas will be paid for starting April 1. If such payments aren’t made, we will consider this a failure by the client to comply with its obligations,” Putin said in a TV speech on Thursday.
Do you BUY or SELL Natural Gas at $5.74 per MMBtu?
https://app.simplefx.com/instruments/NATURALGAS/chart
Russia will stop supplies of gas to “unfriendly” states unless they pay for the commodity in rubles, said President Vladimir Putin.
Natural Gas spot prices jumped 4.45% today, 9.37% during the last two trading days, and are approaching the highs from October 2021.
“To buy Russian gas, they need to open ruble accounts in Russian banks. From those accounts, gas will be paid for starting April 1. If such payments aren’t made, we will consider this a failure by the client to comply with its obligations,” Putin said in a TV speech on Thursday.
Do you BUY or SELL Natural Gas at $5.74 per MMBtu?
https://app.simplefx.com/instruments/NATURALGAS/chart
Simplefx
SimpleFX WebTrader
Trade global assets from any device, anywhere. Apple, Tesla, Nvidia, and more stocks. Trade Forex. Buy and sell bitcoin, gold, oil, and other commodities.
Bitcoin fell more than 6% after the EU lawmakers outlawed anonymous crypto transactions on Thursday.
EU wants to be able to track crypto transfers to fight money laundering.
Exchanges will have to report every significant transaction within customers' wallets to the authorities.
Today BTCUSD has bounced back from a $44,123 low and is trading above $45k again.
Time to buy-low or sell high?
https://app.simplefx.com/instruments/BTCUSD/chart
EU wants to be able to track crypto transfers to fight money laundering.
Exchanges will have to report every significant transaction within customers' wallets to the authorities.
Today BTCUSD has bounced back from a $44,123 low and is trading above $45k again.
Time to buy-low or sell high?
https://app.simplefx.com/instruments/BTCUSD/chart
Simplefx
SimpleFX: WebTrader
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Nvidia Dives 15% to $232 - Buy or Short?
Today, the processing units manufacturer’s stock dropped another 4%, extending this week's loss to 15%. Nvidia has made an 87% return in 2021 and became a chip industry giant but has had a rough time recently.
The price went up 2.5% on Monday hitting $275.46, which turned out to be a perfect moment to short. The main reason was the general risk aversion due to the global uncertainty. Tech stocks ended the week in the red.
If the worries continue, Nvidia can drop even lower, but if the confidence returns, better watch out!
Trade Nvidia
https://app.simplefx.com/instruments/NVDA.US/chart
Today, the processing units manufacturer’s stock dropped another 4%, extending this week's loss to 15%. Nvidia has made an 87% return in 2021 and became a chip industry giant but has had a rough time recently.
The price went up 2.5% on Monday hitting $275.46, which turned out to be a perfect moment to short. The main reason was the general risk aversion due to the global uncertainty. Tech stocks ended the week in the red.
If the worries continue, Nvidia can drop even lower, but if the confidence returns, better watch out!
Trade Nvidia
https://app.simplefx.com/instruments/NVDA.US/chart
Simplefx
SimpleFX: WebTrader
Experience the cutting-edge trading platform - SimpleFX WebTrader gives access to multiple assets and features for novice and seasoned traders.
General Motors up 4.78%
GM is having a great Monday on NYSE. The automaker’s stocks jumped from $37.2 to $41.18. Last week the company announced a plan to partner with Honda to develop an affordable electric vehicle for less than $30,000.
General Motors generates large amounts of cash and is considered a relatively safe investment, despite going down ten years ago.
GM restructured its business since then and seemed to be a healthier organization. Nevertheless, the stock has been down 37% this year.
Is it time to buy or short GM?
Trade GM now
https://app.simplefx.com/instruments/GM.US/chart
GM is having a great Monday on NYSE. The automaker’s stocks jumped from $37.2 to $41.18. Last week the company announced a plan to partner with Honda to develop an affordable electric vehicle for less than $30,000.
General Motors generates large amounts of cash and is considered a relatively safe investment, despite going down ten years ago.
GM restructured its business since then and seemed to be a healthier organization. Nevertheless, the stock has been down 37% this year.
Is it time to buy or short GM?
Trade GM now
https://app.simplefx.com/instruments/GM.US/chart
Deutsche Bank Drops 10%
Mystery seller dumped $2 billion worth of stocks of Germany’s leading financial institutions: Deutsche Bank and Commerzbank. DB fell from $11.86 to $10.61, but since then has recovered to $10.9.
Who did sell? Most probably it's the American financial services company Capital Group as it’s the only shareholder capable of such a move.
This is a bad sign for the German economy, which has to deal with the inflation crisis and reliance on Russian natural gas. The pressure to sanction Russia grows every day as new war crimes in Ukraine come to light.
Trade DB
https://app.simplefx.com/instruments/DBK.DE/chart
Mystery seller dumped $2 billion worth of stocks of Germany’s leading financial institutions: Deutsche Bank and Commerzbank. DB fell from $11.86 to $10.61, but since then has recovered to $10.9.
Who did sell? Most probably it's the American financial services company Capital Group as it’s the only shareholder capable of such a move.
This is a bad sign for the German economy, which has to deal with the inflation crisis and reliance on Russian natural gas. The pressure to sanction Russia grows every day as new war crimes in Ukraine come to light.
Trade DB
https://app.simplefx.com/instruments/DBK.DE/chart
Simplefx
SimpleFX WebTrader
Trade global assets from any device, anywhere. Apple, Tesla, Nvidia, and more stocks. Trade Forex. Buy and sell bitcoin, gold, oil, and other commodities.
Airbnb Jumps 6%!
Travel stocks are having a great day on Wednesday. Airbnb opened at $160 but quickly skyrocketed to $170 with tech stocks in green and Nasdaq +1.2%.
Airbnb is up over 140% since the IPO in December 2020. Companies revenue grew 78% to $1.53 bn in Q4 2021. The biggest problem with buying Airbnb stocks now is the already high price. Still, the current $170 is well below the all-time highs of $220 in February 2021.
Make your move, trade ABNB now.
https://app.simplefx.com/instruments/ABNB.US/chart
Travel stocks are having a great day on Wednesday. Airbnb opened at $160 but quickly skyrocketed to $170 with tech stocks in green and Nasdaq +1.2%.
Airbnb is up over 140% since the IPO in December 2020. Companies revenue grew 78% to $1.53 bn in Q4 2021. The biggest problem with buying Airbnb stocks now is the already high price. Still, the current $170 is well below the all-time highs of $220 in February 2021.
Make your move, trade ABNB now.
https://app.simplefx.com/instruments/ABNB.US/chart
Simplefx
SimpleFX: WebTrader
Experience the cutting-edge trading platform - SimpleFX WebTrader gives access to multiple assets and features for novice and seasoned traders.
Musk Offers $43bn for Twitter
As many expected, Elon Musk goes for a hostile takeover of the social media company. He offered $54.2 per share in cash to buy 100% of Twitter. The price is 54% higher than on January 28, when the billionaire started investing in Twitter.
If the offer is not accepted, Musks suggests he could sell his 9.2% stake in the company.
Twitter is up 13% already in premarket trading. Make sure you are trading when NYSE opens today at 15:30 UTC.
https://app.simplefx.com/instruments/TWTR.US/chart
As many expected, Elon Musk goes for a hostile takeover of the social media company. He offered $54.2 per share in cash to buy 100% of Twitter. The price is 54% higher than on January 28, when the billionaire started investing in Twitter.
If the offer is not accepted, Musks suggests he could sell his 9.2% stake in the company.
Twitter is up 13% already in premarket trading. Make sure you are trading when NYSE opens today at 15:30 UTC.
https://app.simplefx.com/instruments/TWTR.US/chart
Simplefx
SimpleFX WebTrader
Trade global assets from any device, anywhere. Apple, Tesla, Nvidia, and more stocks. Trade Forex. Buy and sell bitcoin, gold, oil, and other commodities.
Natural Gas Dives -8.16%
Investors cashed in their profits after gas hit the highest level since 2008 at $8.05 per MMBtu yesterday. The surge was caused by the start of the Russian offensive in Donbas and an unexpected blast of cold weather in the US.
On Tuesday, we witnessed the most significant single-day drop since early February.
There are no signs of Russia-Ukraine war de-escalation, and the western countries impose stricter sanctions on oil and gas every week. Once they are in place, the embargo will be challenging to lift, especially with an ongoing international investigation of the war crimes committed in Ukraine.
Trade Natural Gas Now
https://app.simplefx.com/instruments/NATURALGAS/chart
Investors cashed in their profits after gas hit the highest level since 2008 at $8.05 per MMBtu yesterday. The surge was caused by the start of the Russian offensive in Donbas and an unexpected blast of cold weather in the US.
On Tuesday, we witnessed the most significant single-day drop since early February.
There are no signs of Russia-Ukraine war de-escalation, and the western countries impose stricter sanctions on oil and gas every week. Once they are in place, the embargo will be challenging to lift, especially with an ongoing international investigation of the war crimes committed in Ukraine.
Trade Natural Gas Now
https://app.simplefx.com/instruments/NATURALGAS/chart
Simplefx
SimpleFX WebTrader
Trade global assets from any device, anywhere. Apple, Tesla, Nvidia, and more stocks. Trade Forex. Buy and sell bitcoin, gold, oil, and other commodities.
Netflix crashes 27% in pre-market as investors sell on disappointing Q1 results
Analysts across the board have reduced their price targets and growth estimates for the global streaming company. The revenue in the first three months of the year was $7.87 billion, a little lower than the expected $7.95, and the earnings per share came at $3.53 vs. the expected $2.91.
What shocked investors, however, was a drop of 200k subscribers worldwide, while the market expected an increase of 2.51 million.
Netflix went up 3.12% yesterday, so make sure you are ready when the trading starts at 15:30 UTC.
Go to SimpleFX
app.simplefx.com
Analysts across the board have reduced their price targets and growth estimates for the global streaming company. The revenue in the first three months of the year was $7.87 billion, a little lower than the expected $7.95, and the earnings per share came at $3.53 vs. the expected $2.91.
What shocked investors, however, was a drop of 200k subscribers worldwide, while the market expected an increase of 2.51 million.
Netflix went up 3.12% yesterday, so make sure you are ready when the trading starts at 15:30 UTC.
Go to SimpleFX
app.simplefx.com