SimpleFX Market News
241 subscribers
395 photos
23 videos
3 files
1.45K links
Stay updated with market news and trading insights via SimpleFX – a multi-asset trading app. 📊

https://app.simplefx.com/ 📲

| 78% of retail CFD accounts lose money |
Download Telegram
Aseslan up 5.84% on Growing Defense Spendings

Turkish defense corporation is having a great day, trading at 24.64 TRY per share. The company has signed new deals in Asia and competes with Russian manufacturers.

The stock went up 50% in the first two months of the Russian-Ukrainian war but dropped by 22% when the global equity markets crashed. Since then, it seems to have entered an uptrend.

Aseslan stock, like many other Turkish equities, is highly volatile, and impressive price swings make it an excellent target for margin traders.

Trade Now
https://app.simplefx.com/instruments/ASELS.TR/chart
This media is not supported in your browser
VIEW IN TELEGRAM
Airbnb -4% Time to Buy or Short?

Growth stocks have started the week in the red as NDX100 is at -0.44% after the US equities market opening.

While Coinbase (-9.5%) is one of the biggest losers, Amazon (-2.5%), Alphabet (-1%), and Microsoft (-1.11%) are also going down.

Airbnb fundamentals remain strong with a strong recovery after the pandemic lockdowns. However, the $100 per share support/resistance level is the critical point for margin traders. Will Airbnb soar or tank?

Trade Airbnb
https://app.simplefx.com/instruments/ABNB.US/chart
This media is not supported in your browser
VIEW IN TELEGRAM
Boeing +4.8%, Continues the Strong Run

The multinational airplane, rockets, satellites, and missiles company continues an impressive rally. Investors who bought low on June 13 at around $115 per share can now tap themselves on the back as they have made a 25% profit on the relatively safe value stock in just two weeks.

Today Boeing added another 4.8%, hitting $146.96 per share, and was one of the main engines behind the DJI30 going up.

Boeing proved to be a great deal if you were hunting for buy-low opportunities. However, many traders will be tempted to take profit this week. Expect some increased volatility.

Trade Boeing
https://app.simplefx.com/instruments/BA.US/chart
This media is not supported in your browser
VIEW IN TELEGRAM
Riot -8% on Falling BTC

The Bitcoin mining company is trading at around $4.4 per share. Early Wednesday trading, Riot Blockchain was -8% and hit $4.29, the lowest since November 2020. BTCUSD fell below the $20k support partly on the rumors that some miners will have to sell their coins to fund their ongoing operations.

The cryptocurrency panic sell-off continues, and crypto-related stocks are a great short target while it lasts. However, when the confidence returns, traders who spotted the bottom correctly will come out with big pockets.

You can trade Riot with 1:12.5 leverage on SimpleFX.

Trade Riot
https://app.simplefx.com/instruments/RIOT.US/chart
This media is not supported in your browser
VIEW IN TELEGRAM
BTCUSD Falls Below $19k

Indexes in Europe are diving as global stocks are coming to an end of the worst 1st half of a year since 1970.

We are entering unchartered waters. Brace yourselves, and trade accordingly!

https://app.simplefx.com/instruments/BTCUSD/chart
This media is not supported in your browser
VIEW IN TELEGRAM
US Stocks Crash

The last day of the first half of 2022 is in the red. German, British, and French stocks plummeted. US indexes are losing value: DJI30 (-1.42%), SPX500 (-1.43%), NDX100 (-1.86%), and RUSSELL2000 (-1.88%).

Stocks from all sectors are going down. Tech giants - like Apple, Amazon, Alibaba, or Google - as well as the aluminum giant Alcoa Corporation.

Crypto-related stocks are diving, with Coinbase -10%, as Bitcoin fell below the $19k support, and Ethereum is trying to defend the $1,000 threshold.

We have entered a time of unprecedented volatility, an excellent opportunity for margin traders. Time to make your move!

Trade Coinbase
https://app.simplefx.com/instruments/COIN.US/chart
This media is not supported in your browser
VIEW IN TELEGRAM
AMC Ready to Rock Again?

AMC Entertainment Holdings stock is up 2.4% early today, despite the market going down. The famous 2019 meme stock is going up against the current 12.82% this week.

If you are looking for a speculative US stock, you can trade AMC with an up to 1:50 leverage.

In March 2022, the movie theater chain stocks gained over 90% in just six days.

Trade AMC

https://app.simplefx.com/instruments/AMC.US/chart
This media is not supported in your browser
VIEW IN TELEGRAM
Rolls-Royce Dives -3.86%

British multinational aerospace and defense company's price went down to £83 per share on the general bearish sentiment in the European markets.

Since the beginning of 2022, Rolls-Royce crashed, losing one-third of its value. Some analysts hint it may be a good point to buy in, but the UK stocks could continue to fall if the crash continues.

Rolls-Royce Holdings has nothing to do with Rolls-Royce Motor Cars, a BMW subsidiary. RR Holdings thrives on military spending and air travel recovery as the company manufactures and services aircraft engines.

The RR Holdings stock is going through massive daily price swings, with no clear trend since May 1. Trade it before it takes off (or dives) for good!

Trade RR.UK
https://app.simplefx.com/instruments/RR.UK/chart
This media is not supported in your browser
VIEW IN TELEGRAM
Beyond Meat up 6.5% Against the Market

Plant-based meat manufacturer is trending up 6.5% today and 14% this week. That’s unique as indexes are deep in the red, with NDX100 -1.78% and DJI30 -2.24% on Tuesday.

If you are looking for a growth stock that will respond to news about new Beyond Meat products and growing market adoption, that seems to be a good choice.

Trade Beyond Meat
https://app.simplefx.com/instruments/BYND.US/chart
This media is not supported in your browser
VIEW IN TELEGRAM
Gold Crash Continues

XAUUSD has lost 2.68% this week and has been downtrend since March, going from $2070 to $1762. Investors bought into the idea of gold being a proven inflation hedge, with customer prices rising worldwide.

With growing interest rates and waning supply from the industry, price pressure for gold weakened.

The current price levels set gold in an intriguing spot, as XAUUSD may skyrocket or plummet at any time. Don’t miss out on gold!

Trade XAUUSD
https://app.simplefx.com/instruments/XAUUSD/chart
This media is not supported in your browser
VIEW IN TELEGRAM
Tilray Goes to the Moon!

The global cannabis products manufacturer is up 10% today (despite NDX100 in the red) and has gone from $2.88 to $3.39 per share in just 7 days.

The company’s price is determined by marijuana regulations around the world as well as the adoption of their cannabis products. Tilray is also very aggressive with acquisitions, trying to buy smaller competitors. Make sure you do your news research before choosing your strategy.

This is one of the hottest stocks right now, a growth company with massive daily price swings depending on the news. Make sure you don’t miss out.

Trade Tilray Now
https://app.simplefx.com/instruments/TLRY.US/chart