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
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
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.
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
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
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
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
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.
BMW, VW Jump 4%
The German stock market rebounded on Thursday, with DAX40 going up 0.9%. The biggest automakers are leading the pack with massive gains. Volkswagen is trading at over €125 per share and BMW at €74 per share.
If you consider the stock market trend is reversing and are looking for value stocks at a discount price, this week might be the last call to buy in.
Trade BMW
https://app.simplefx.com/instruments/BMW.DE/chart
The German stock market rebounded on Thursday, with DAX40 going up 0.9%. The biggest automakers are leading the pack with massive gains. Volkswagen is trading at over €125 per share and BMW at €74 per share.
If you consider the stock market trend is reversing and are looking for value stocks at a discount price, this week might be the last call to buy in.
Trade BMW
https://app.simplefx.com/instruments/BMW.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.
SPCE Rockets 9.25%
Bullish sentiment returned to the equity and commodity markets. Growth stocks are rallying with Virgin Galactic Holdings up 9.25% today and 14.4% this week.
The space travel company announced on Wednesday that it is partnering with a Boeing subsidiary to build a twin-fuselage aircraft that will be used in space tourism.
Virgin Galactic hit $7.06 per share and is a great target for margin traders.
Trade Virgin Galactic
https://app.simplefx.com/instruments/SPCE.US/chart
Bullish sentiment returned to the equity and commodity markets. Growth stocks are rallying with Virgin Galactic Holdings up 9.25% today and 14.4% this week.
The space travel company announced on Wednesday that it is partnering with a Boeing subsidiary to build a twin-fuselage aircraft that will be used in space tourism.
Virgin Galactic hit $7.06 per share and is a great target for margin traders.
Trade Virgin Galactic
https://app.simplefx.com/instruments/SPCE.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.
HUF Erases Gains, Falls into Abyss
USDHUF is up 1.7% on Friday, erasing forints gains caused by the unexpected rise of the one-week deposit rate to 9.75% from 7.75% yesterday.
Inflation in Hungary exceeded 10% for the first time in two decades. The Magyar Nemzeti Bank intervened after USDHUF hit 409 on Wednesday. The dollar has appreciated against the forint by 45% in the last 12 months.
The forint, among other Central European currencies, has been heavily affected by the Russian-NATO cold war. However, it seems the Hungarian money is doing poorly, making it an excellent target for margin traders.
You can trade USDHUF with an up to 1:500 leverage.
Trade USDHUF
https://app.simplefx.com/instruments/USDHUF/chart
USDHUF is up 1.7% on Friday, erasing forints gains caused by the unexpected rise of the one-week deposit rate to 9.75% from 7.75% yesterday.
Inflation in Hungary exceeded 10% for the first time in two decades. The Magyar Nemzeti Bank intervened after USDHUF hit 409 on Wednesday. The dollar has appreciated against the forint by 45% in the last 12 months.
The forint, among other Central European currencies, has been heavily affected by the Russian-NATO cold war. However, it seems the Hungarian money is doing poorly, making it an excellent target for margin traders.
You can trade USDHUF with an up to 1:500 leverage.
Trade USDHUF
https://app.simplefx.com/instruments/USDHUF/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.
EURUSD -0.9%, Less than 1 Cent from Parity!
Euro has fallen to a 20-year low against the dollar. The 1:1 parity is just 0.8 cents away as EURUSD dropped another 0.9% today and is trading below $1.008.
Euro was launched in 1999 and replaced old European currencies in January 2002. During that time, EURUSD was below 1, and the euro took over the lead at the end of 2002 and hasn’t given up since then.
Breaking the euro’s nominal dominance may result in unprecedented price swings on forex markets. Investors run away from any assets other than the US dollar at the moment.
Trade EURUSD
https://app.simplefx.com/instruments/EURUSD/chart
Euro has fallen to a 20-year low against the dollar. The 1:1 parity is just 0.8 cents away as EURUSD dropped another 0.9% today and is trading below $1.008.
Euro was launched in 1999 and replaced old European currencies in January 2002. During that time, EURUSD was below 1, and the euro took over the lead at the end of 2002 and hasn’t given up since then.
Breaking the euro’s nominal dominance may result in unprecedented price swings on forex markets. Investors run away from any assets other than the US dollar at the moment.
Trade EURUSD
https://app.simplefx.com/instruments/EURUSD/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 +3% on Tuesday
Natural Gas spot prices have skyrocketed 21.5% over the last five days. The fuel is trading at $6.64 per MMBtu, down from $9.57 on June 8, but it seems that bulls have taken over.
The biggest reason behind the rising prices is the Russian war and sanctions, however, in the short term, the demand is going up due to high temperatures in North America and Europe. Gas is widely used for air conditioning.
Natural Gas is up 3% while oil is down 3% today.
Trade Natural Gas
https://app.simplefx.com/instruments/NATURALGAS/chart
Natural Gas spot prices have skyrocketed 21.5% over the last five days. The fuel is trading at $6.64 per MMBtu, down from $9.57 on June 8, but it seems that bulls have taken over.
The biggest reason behind the rising prices is the Russian war and sanctions, however, in the short term, the demand is going up due to high temperatures in North America and Europe. Gas is widely used for air conditioning.
Natural Gas is up 3% while oil is down 3% today.
Trade Natural Gas
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.
Boeing Flies 5.45%
The stock fell flat on Monday but erupted on Tuesday going up from $136 to $144.6 per share. Many analysts claim that at this price the multinational corporation may be undervalued.
Boeing manufactures airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles. That wide spectrum of markets may make the value stock resilient to the upcoming crisis.
The stock is down 33% year-to-year and 58% since its highs at the end of 2019. Before going in long, just remember that the company’s revenue has been falling over the last 12 months.
Still, SimpleFX traders who bought before the start of today’s session may pat themselves on the back.
Trade Boeing
https://app.simplefx.com/instruments/BA.US/chart
The stock fell flat on Monday but erupted on Tuesday going up from $136 to $144.6 per share. Many analysts claim that at this price the multinational corporation may be undervalued.
Boeing manufactures airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles. That wide spectrum of markets may make the value stock resilient to the upcoming crisis.
The stock is down 33% year-to-year and 58% since its highs at the end of 2019. Before going in long, just remember that the company’s revenue has been falling over the last 12 months.
Still, SimpleFX traders who bought before the start of today’s session may pat themselves on the back.
Trade Boeing
https://app.simplefx.com/instruments/BA.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.
Markets Dive on Record Inflation News
DJI30 (-1.6%), SPX500 (-1.55%), NDX100 (-1.52%) dropped sharply on the news of 41-year high CPI of 9.1%. Bitcoin hit $18,808 BTCUSD, going down 5% in less than 10 minutes after the release. Since then, the leading crypto recovered to $19,153. Gold crashed to $1706.
Natural gas is the most desired commodity on financial markets and has gained 6% today.
Fed is expected to have zero tolerance for inflation, and there is potential for a full 100 basis point interest rate hike after the Federal Reserve meeting at the end of July.
Optimists would seek an opportunity to buy low, while pessimists, who think it’s just the beginning, will hunt for the right moment to short equity and crypto.
Trade DJI30
https://app.simplefx.com/instruments/DJI30/chart
DJI30 (-1.6%), SPX500 (-1.55%), NDX100 (-1.52%) dropped sharply on the news of 41-year high CPI of 9.1%. Bitcoin hit $18,808 BTCUSD, going down 5% in less than 10 minutes after the release. Since then, the leading crypto recovered to $19,153. Gold crashed to $1706.
Natural gas is the most desired commodity on financial markets and has gained 6% today.
Fed is expected to have zero tolerance for inflation, and there is potential for a full 100 basis point interest rate hike after the Federal Reserve meeting at the end of July.
Optimists would seek an opportunity to buy low, while pessimists, who think it’s just the beginning, will hunt for the right moment to short equity and crypto.
Trade DJI30
https://app.simplefx.com/instruments/DJI30/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.
Centrica Gains 2.81% Against the Market
British multinational energy and services company benefits from the growing natural gas prices. Centrica is hunting for gas supplies and has had some success, as they stuck a deal with Equinor from Norway, securing more fuel before winter.
Over the last week, Centrica stocks have increased 18% from 73 GBP per share to over 86 GBP. If you are looking for equities that can beat the bear market, you should add Centrica to your watchlist. You can trade the company listed on the London Stock Exchange with up to 50x leverage.
Trade Centrica
https://app.simplefx.com/instruments/CNA.UK/chart
British multinational energy and services company benefits from the growing natural gas prices. Centrica is hunting for gas supplies and has had some success, as they stuck a deal with Equinor from Norway, securing more fuel before winter.
Over the last week, Centrica stocks have increased 18% from 73 GBP per share to over 86 GBP. If you are looking for equities that can beat the bear market, you should add Centrica to your watchlist. You can trade the company listed on the London Stock Exchange with up to 50x leverage.
Trade Centrica
https://app.simplefx.com/instruments/CNA.UK/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.