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It’s the mother of all markets, making all other types of trading possible. Every three years the Bank of International Settlements releases its survey of foreign exchange and OTC derivatives markets.
A world of Trading assets

You won’t find Apple on the naughty list

Authored by ZanderVanDerMerwe
04.11.2021
Market Overview
0
2 min

Yesterday’s movers:

  • Lyft Inc (LYFT) was up 8.19% following a co-founder positive statements for evidence pointing to recovery.
  • Teva Pharmaceutical (TEVA) was down 7.12% following the issue of an additional $1billion notes
  • Beyond Meat Inc (BYND) was up 5.36%
  • Hello Group Inc (MOMO) was up 4.28%

Earnings due today:

Peloton Interactive Inc.   PTON Post-market

Moderna Inc   MRNA Estimated

Guardant Health Inc   GH Post Market

Nikola Corporation   NKLA Estimated

Pinterest Inc   PINS Post Market

Square Inc   SQ Post Market

Airbnb Inc   ABNB Post Market

Illumina Inc   ILMN Post Market

American International Group  AIG Post Market

Expedia Group Inc   EXPE Post Market

Stocks to watch:

Apple Inc (AAPL)

Apple’s 4th quarter earnings came out somewhat disappointing as Earnings was in line with the forecast, and revenue missing expectation. However, with the holiday season coming up and Apple’s products always in high demand there should be substantial upside going into the following months.

Technically the shart is shaping up well for a substantial push to the upside as price held above the 50 and 200 day moving averages. There should be more upside to the next resistance at $158.74, however, a break could see the stock rally to $169.15. The market is currently up 0.31% during pre-market trading 

Authored by ZanderVanDerMerwe
04.11.2021
Market Overview
0
2 min
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