Will Tesla crash another 10% on China sales decline? June 04, 2021 11:30
Tesla shares are already down ~36% from its all-time high price level of ~$900.00 recorded at the beginning of the year.
However, the electric vehicle company s fall from grace may not be over. The shares dropped more than 5% in yesterday’s trading after a damaging report regarding car sales in China.
According to the report, Tesla’s monthly net orders in China dropped to just 9,800 May from more than 18,000 in April. Tesla has been struggling with safety investigations and recalls in China, as well as a public relations backlash.
Source: Admirals MetaTrader 5, #TSLA, Monthly - Data range: from Aug 1, 2013, to Jun 3, 2021, performed on Jun 3, 2021, at 8:30 pm GMT. Please note: Past performance is not a reliable indicator of future results.
Blockchain companies are in high demand from investors! Discover the best blockchain stocks to buy this year and which blockchain companies to invest in.
Can Gold’s 10% rally continue to new record highs? May 21, 2021 10:30
Gold has been enjoying the US dollar weakness in recent weeks with the yellow metal up nearly 12% since the lows of April. That makes it just 10% shy from its record high of around ~$2,074.00 on 3 August 2020.
According to some analysts, gold is still relatively cheap. In a note to clients, JP Morgan highlighted that gold is now attracting more interest from investors who are ditching bitcoin in favour of it.
Source: Admirals MetaTrader 5, GOLD, Monthly - Data range: from Feb 1, 2005, to May 20, 2021, performed on May 20, 2021, at 8:30 pm GMT. Please note: Past performance is not a reliable indicator of future results.
Best Oil ETFs to Watch in 2021
Best Oil ETFs to Watch in 2021 May 21, 2021 14:37 UTC Reading time: 12 minutes
Oil prices have been on a rollercoaster ride in recent years, crashing to 30-year lows after the pandemic before rallying more than 500% into 2021.
It’s just one reason investors are keen to identify what the best oil ETFs (exchange traded funds) are for this year.
These type of funds aim to track an index of oil prices by investing in oil directly or through derivatives like futures or options - allowing the investor to just focus on one investment to diversify their portfolio.
Can Walmart continue its 21% surge higher? May 19, 2021 11:30
Shares in Walmart surged higher yesterday after the world’s biggest retailer reported first-quarter earnings that beat Wall Street estimates.
The company posted earnings per share of $1.69 against an expected $1.21.
Investors liked the news, as well as the guidance from management that they had strong e-commerce growth and have raised their outlook for the rest of the year.
Source: Admirals MetaTrader 5, #WMT, Monthly - Data range: from Feb 1, 2013, to May 18, 2021, performed on May 18, 2021, at 8:30 pm GMT. Please note: Past performance is not a reliable indicator of future results.
The monthly chart of Walmart’s share price above shows a recent bounce from technical support at the 20-period (blue) exponential moving average.