Learn more about trading and what’s going on in the markets, with our professional market analysis, including charts and market commentary.
Oculus was Christmas #1: will Facebook's Meta gamble pay off?
What exactly is the metaverse? Over to you Mark Zuckerberg! We believe the metaverse will be the successor to the mobile internet. We’ll be able to feel present – like we’re right there with people no matter how far apart we actually are...
Price action 101: acceptance & rejection
Support & resistance levels are one of the very first things any trader sees when they come into the industry. Everyone understands the basics of price action.
American Airlines: time to fly away?
Markets have realised that this Winter will once again be marred by government travel restrictions and many of the travel stocks have been sold accordingly. Let’s take a look at American Airlines, one of the largest airlines in the world.
We touched on President Erdogan’s unconventional monetary policy a couple of weeks ago, and it’s DEFINITELY time to revisit! Take a look at this weekly USDTRY chart. You can see that something has happened, but it’s hard to put that chart into proper context. As recently as September, one US dollar was worth nine Turkish Lira. In the space of six weeks that essentially doubled. You would need as much as 18 Turkish Lira to buy one dollar.
Pfizer: pandemic to endemic
Pfizer spent a lot of this past year in the Covid headlines. Their collaboration with BioNTech has produced over 2 billion vaccine doses so far and they expect to produce a further 4 billion doses in 2022 The Covid-19 vaccine generated $13 billion of sales in the third quarter alone. That brings the total so far to $24.3 billion & Pfizer expects that total to reach $36 billion by the end of 2021. And we can see what this has done for the share price: