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James

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  1. Hello Jane, Formed near the edge of a downtrend, this bullish display presents three candlesticks. The first bar has an extended lower shadow in addition to its long black body. The second bar features a black body that starts below the former opening and ends at or below the previous closing. The last bar is black like the others only that it’s a marubozu. This means it doesn’t have wicks. Ordinarily, a marubozu candle implies a session started at the highest and ended at the lowest daily values. Note that the candles decrease in size as the trend continues to show a weakening bearish momentum. This is not only visible in the reducing daily ranges but also the successively higher lows. The fact that each candle swallows the subsequent one signals a bullish invasion. To ascertain the bullish control, however, wait for prices to exceed the last candlestick’s midpoint. This pattern is rare despite being accurate in predicting bullish swings.
  2. Here are the leading high-growth stocks this year and beyond. DBX With COVID-19 increasing the demand for work-from-home solutions, there’s no better time to acquire this stock. Companies may even adopt the cloud service post-pandemic given the cost benefits of cutting their physical profiles. UPWK Upwork revenues jumped 20% in the last quarter of 2019. Although this was a decline from Q3’s 23%, the figures were better than the year’s first half. With the current Coronavirus threat, this is the perfect meeting point for businesses ditching full-time employees and freelancers who want part-time gigs. AMZN The decreasing movement has led consumers to online purchases. Considering its prominence in the e-commerce space, Amazon has gotten a huge slice of the cake as evidenced by this year’s $75.5 billion Q1 gains. SHRMF It’s offered by Champignon Brands, an organization focusing on psychedelic drugs to treat mental conditions. Seeing it’s not yet popular, this stock offers a head start to a potentially game-changing industry. SQ Square offers credit-card readers for your phone. As more people go cashless, there’s no doubt this stock is the future.
  3. Hi Grace, The Nikkei 225 index was marred by continuous losses in May 2019. This was after traders took a 10-day hiatus as part of Japan’s Golden Week Celebrations. Even so, the situation hasn’t improved one year later. Nikkei joins indices such as KOSPI in the list of the region’s biggest losers. This is despite the index closing 2019 as one of Asia’s top performers. The state of affairs can be attributed to Japan’s escalating COVID-19 cases. Remember some of the corporations in the index have links to the U.S., for example, Mitsubishi and Nissan. As such, new infections in America also affect the Nikkei 225. Another reason for the dive is Japan’s growing rivalry with South Korea. The trade wars which have been ongoing since 2019 also fuelled Japan’s latest recession. Essentially, Japan blocked some of its organizations from doing business with the country. The tension recently surged after Japan fought Korea’s G7 inclusion.
  4. Hi Jessica, Despite having more than a hundred currencies in existence, only a few currencies guarantee Forex trading success. Topping the list is the EUR/USD that boasts of low spreads and volatility. Its popularity also increases access to information, making this pair beginner-friendly. The USD/JPY cannot go without mention. Characterized by low spreads, it presents a smoother trend than other combinations. Its predictability is due to Japan’s straightforward commodities market. It also allows diversification through numerous trading vehicles, for example, ETFs and futures. Another major pair is GBP/JPY. With its unmatched volatility, it offers numerous profit windows. The set’s wild swings can be attributed to its sharp pips. The fact that it’s suitable for commodities along with stocks also makes it ideal for risk tracking. Not forgetting the USD/CHF that has tight spreads in addition to its increased liquidity and trading volumes. Courtesy of the USD, this combination allows traders to predict its performance using information from the Fed and BLS. The CHF currency is also influenced by the SNB and FSO.
  5. Hello Paul, The opening range breakout in day trading is where you take a market position after the price goes beyond the previous candle’s high or low. Dubbed the opening range, the initial 30 minutes boast of high volatility, therefore, determining whether bulls or bears will control the day. The idea is buying when shares exceed the range’s peak and selling when they sink beneath its low. Note that this period ranges from five minutes to one hour depending on your trading strategy. However, you can experiment with different timeframes. Small share sizes and predictable stocks are ideal for your practice. Waiting longer lets you analyze the market before taking a position. Though volatility decreases as the session continues, an upside is less likely. Similarly, avoid trades where major bumpers occur too close to each other, for instance, past support and resistance areas. In case you’re on the breakout’s wrong side, leave the trade and find a new opportunity. On the downside, this technique isn’t suitable for sideways markets and non-gapping stocks.
  6. James

    L Brands

    Hello Trevor, Great question. There are several reasons behind the wild swings. For starters, the COVID-19 outbreak has reduced global apparel demand. In Q1 2020, company earnings plummeted by 37% to reach $1.6 billion. Another notable event is the fall out with Sycamore Partners over a 55% Victoria Secret stake. The announcement to terminate the $525 million agreement caused an 11% dip in company shares. The good news is its Bath & Body Works division grew 41% with its digital side reporting an 85% increase in revenues. This is thanks to the heightened soap and sanitizer demand. What’s more, closing almost 250 Victoria Secrets outlets came in handy to push the stock movement. June 25 saw L Brands’s shares climb 1.95%. After hitting $14.31, the stock descended to $13.18 before stopping at $13.86 when the day ended. This brings its range to $8.00-$28.01 over 52 weeks. As it stands, the losses outweigh the profits. However, there’s no telling what the post-COVID-19 market holds.
  7. Great question, thanks for asking. With its wild swings over the previous months, Boeing stock has kept the market guessing. In March, for example, shares went from a high of almost $300 to $89 before leaping to over $180 less than a week later. The following months were characterized by a $120-$150 range with May ending at $145.85. June has been equally unsteady after the FAA asked airlines to inspect a crucial part in the 737 MAX. Boeing is working to fly this aircraft since last year when it was grounded for two deadly crashes. The grounding together with the Coronavirus outbreak has taken a toll on the corporation’s balance sheet. The opening quarter of 2020 saw Boeing lose $4.3 billion in addition to revenues diving by $641 million. By the end of March this year, debts stood at $38.9 billion increasing from 2017’s $11.1 billion. But things could change for the aerospace company with the mounting pressure to reopen economies and resume air travel. Moreover, the past month witnessed a growth of roughly 28% with Boeing outperforming rival stocks.
  8. Hi Jane, Like other sectors, finance has gone digital as evidenced by robo-advisors. They apply computer models to run your investment based on the size of your holdings, risk-appetite, and time horizon. Less human contact means lower fees. Regardless of whether they charge by the hour or take a percentage of your funds, consultants are more expensive than robots. This is in addition to a compulsory starting balance. Another selling point is the ability to monitor thousands of accounts without making mistakes. Conversely, the stress of running numerous portfolios is bound to catch up with human advisors. Emotions may also affect their decisions, unlike computers that rely on facts. However, beyond the statistics and theories, a human perspective is a plus for each trade. On top of aligning your investment strategy with your personal goals, consultants offer the safety of communication and accountability. Robots also reduce your investment options because of their limited asset categories. , It maximizes an arbitrage window arising from pricing disparities.
  9. Hi Jane, Containing three bars, these candlestick patterns spot market swings. Upside Gap Three Methods It forms in a rising market and presents three candles. Like the first, the second candle features an elongated white body. Although a gap up exists between these first two candles, their shadows shouldn’t intersect. Conversely, the last candlestick is black. It starts inside the first bar’s real body and ends inside the second one’s real body. This pattern is a bullish continuation even if the space between the white candles is sealed. Provided the white bars exceed the black one in volume, the third candle can be dismissed. Downside Gap Three Methods It’s characterized by a downtrend and three candles. The first two candles have a gap down separating their elongated black bodies. However, their shadows shouldn’t overlap. In contrast, the last bar is white. It opens inside the first candlestick’s real body and closes inside the second one’s real body. Note that the pattern is a bearish continuation despite the filled space between the white bars.
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