Stock of the Week: Bitcoin soars as Amazon could accept crypto for payments
Bitcoin soars as Amazon could accept crypto for payments  Bitcoin has seen a huge rally, testing the psychological $40 000 level, as Amazon could accept cryptocurrency for payments.   Bitcoin has experienced its biggest rally in months as the cryptocurrency tests the psychological $40 000 level on July 26.  The reason behind the surge is due to […]
Oil price slump: Market jitters as pandemic continues to surge
Oil price slump: Market jitters as pandemic continues to surge    Oil prices suffered a major setback dropping below $70 per barrel as the market responded to surging COVID19 cases. Is there an upside?    West Texas Intermediate crude (WTI) futures fell below the key $70 level on July 20 as OPEC and its allies agreed to increase […]
Stock of the Week: Nvidia up 38% YTD, bulls push during global chip shortage
Stock of the Week: Nvidia up 38% YTD, bulls push during global chip shortage   Nvidia (NVDA), a titan in the graphics card industry, has rallied 40% year to date amid the global chip shortage and a stock-split announcement.   Nvidia (NVDA), a titan in the semiconductor industry, has rallied 40% year to date amid […]
High risk, high reward: Top 10 reasons why traders lose money
High risk, high reward: Top 10 reasons why traders lose money    The world of trading can be incredibly profitable or a disaster depending on the trade. We list ways you can reduce risk and overcome the loss.   “It’s not whether you’re right or wrong that’s important, but how much money you make when […]
The stock of the week: Apple on fire, stock hits all-time high
The stock of the week: Apple on fire, stock hits all-time high  Apple investors are smiling at the bank as the tech giant hit an all-time high of $145. Incredibly, APPL is up 17% since the start of June.  Apple (AAPL) is one of the best performers in the stock market this year; the tech […]
Oil price hits record high: Will crude reach $100 a barrel?
Oil price hits record high: Will crude reach $100 a barrel?  The oil price surged to a three-year high, breaching $77.50 per barrel as a price war erupted among oil-producing nations.    Oil prices have explosively surged throughout 2021 to reach a three-year high at $77.50 per barrel on July 7. The record-breaking surge is […]
CMTrading CEO, discusses gold’s recent performance and shares his insights on trading the precious metal.
CMTrading CEO, discusses gold’s recent performance and shares his insights on trading the precious metal.  The CEO and co-founder of CMTrading, Daniel Kibel, outlines the potential opportunities in retail trading following gold’s recent tumble.  Thanks to its safe-haven status, gold is the de facto insurance policy for central banks and investors around the world.  “While gold may not yield any interest or generate income […]
Stock of the week: Apple stock gains 5% this week as tech stocks drive the stock market rally
Stock of the week: Apple stock gains 5% this week as tech stocks drive the stock market rally  Apple extends its record run following a strong NFP report, which saw the US labour market break its 10-month losing streak.   Apple is one of the largest and most popular companies the markets have ever […]
Payoneer goes public on Nasdaq with $1 billion market cap
Payoneer goes public on Nasdaq with $1 billion market cap The payment provider, Payoneer, went public on the Nasdaq stock exchange on Monday after a merger with a special purpose acquisition company (SPAC). Payoneer first announced its planned merger with an already publicly traded SPAC company, FTAC Olympus Acquisition Corp., back on February 3, 2021, in a deal worth $3.3 billion.  On Monday, both companies announced that the merger was finalized and Payoneer went […]
Is there an upside to the crypto crash?
Is there an upside to the crypto crash? ‘Volatility is what makes trading crypto so exciting’, says CMTrading’s Daniel Kibel   ‘It’s a market that has huge highs and tremendous lows,’ says. CMTrading’s Daniel Kibel as he shares his thoughts on the cryptocurrency market.  The cryptocurrency market reached record highs and suffered a disastrous retraction in April 2021 when Bitcoin reached a record of $63,000 only […]