ONLINE FOREX BROKER
2021-02-08 • Updated
General Motors is trading at all-time highs. Some investors have started thinking that it’s overbought, that’s why they have taken a wait-and-see approach in anticipation for some catalyst. And here it comes! General Motors will report its earnings on February 10 at 17:00 MT time (GMT+2). The market forecast is $1.64 per share.
Green stocks are becoming more popular among investors. Have you noticed? Microsoft has cooperated with Honda, Google – with Ford. Indeed, the electrical vehicles take the large part of environment-friendly stocks and they have a huge potential to grow. Such a high interest was triggered by Biden’s commitment to fight global climate change. His goal is to make the US carbon-free by 2050.
General Motors has been developing a fully electric future. It grabbed the attention of traders with its ecosystem BrightDrop, which helped the stock to surge. BrightDrop is “first to last mile delivery” system, which consists only of electrified products and services. General Motors also announced plans to go carbon neutral by 2040! No doubt that General Motors will take one of the leading positions in the electric-vehicle race.
General Motors rose above $55.00 for the first time in its history, but pulled back to $50.00. It should be just a natural sell-off ahead of the further rally up. If the earnings report beats the estimates, it may jump to the key psychological mark of $60.00. On the flip side, the worse-than-expected report may drive the stock below $50.00 to the recent low of $40.00.
You can also trade Cisco stock with FBS Trader mobile app. Remember that stock trading starts as the US session begins (at 16:30 MT time).
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More and more analysts are sure Brent oil will surpass $100 a barrel. So how heavily will oil move the markets, and what will the direction of the movement be? Let's find out!
About PayPal PayPal is an electronic commerce company that facilitates payments between parties through online transfers…
Institutional investors speak about further growth in the stock market. In the exact market that has doubled since COVID-19 and doesn’t plan to stop. Is it possible?
Let's dive into the world of gold. Currently, the price of gold, represented by XAUUSD, is stuck in indecision, hovering around the $1,975 mark. The market is anxiously awaiting two important factors: the release of the Federal Reserve's meeting minutes and the extension of the US debt ceiling.
Hey guys, this is the last full trading week in May, and many forward-looking individuals like myself are already preparing themselves to seize whatever opportunities June may have in store. On this note, I will review a few commodities that have satisfied my quest for swing-trading opportunities in the coming month. Follow me!
The Bank of England (BoE) has dramatically shifted its economic forecasts. They no longer expect a recession in the UK and have upgraded their growth projections. This year, the BoE predicts GDP growth of +0.25%, a significant improvement from previous expectations. Next year's forecast is even more optimistic, with a projected growth of 0.75%.
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