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But as is the case with other types of trading, understanding market movements and trends is not just recommended, it’s critical in order to trade successfully. Stock market analysis is a critical tool for anyone who is thinking about breaking into this trading arena, as well as for those who are already dabbling in stock trading, and DailyForex is proud to provide you with regularly updated analysis of the hottest stocks on the market.
Stock trading comes in various forms, with the ability to short the market if you expect a downtrend, or to long the market if you expect an upswing. Stock market analysis can help you determine which way the market will fluctuate, eliminating the guesswork and pitfalls that commonly lead to losses. With stock trading, like with Forex, you can also set take profits and stop losses to minimize risks – but oftentimes traders need guidance from a professional in order to know how to make these decisions. Why trade stocks blindly or based on a hunch, when you can trade smartly?
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The S&P 500 has rallied a bit during the trading session on Monday, breaking towards the 3400 level.
The NASDAQ 100 had a miserable day on Friday as there was more of a “risk off” feel to the technology stocks, which is interesting considering they have not let the market go higher for the longest time.
The S&P 500 has fallen during most of the session on Friday as it was announced that Donald Trump has corrected coronavirus, with a particular emphasis on selling during the Globex session.
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The NASDAQ 100 broke higher during the trading session on Thursday, slicing through the 11,500 level.
The S&P 500 has rallied a bit during the trading session on Thursday but gave back the gains as we got closer to the 3400 level.
The S&P 500 has gone back and forth during the trading session on Wednesday, as we have no idea what to do next.
The NASDAQ 100 had a very volatile trading session during the day on Wednesday, as it was the end of the month and the end of the quarter.
The DAX Index has produced two solid days of sideways price action early this week.
The NASDAQ 100 initially tried to rally during the trading session on Tuesday, only to pull back from the 11,450 level.
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The NASDAQ 100 has rallied a bit during the trading session on Monday as we are above the 50 day EMA.
The S&P 500 has rallied again during the day on Monday, starting with the Globex session as Asians and European Union traders were jumping on risk appetite.
The S&P 500 initially fell rather hard during the trading session on Friday but has turned around at the 3200 level.
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Sign up to get the latest market updates and free signals directly to your inbox.The NASDAQ 100 initially dipped during the trading session on Friday, but then turned around to rally and recapture the 11,000 handle.
The S&P 500 has seen a rough month of September, which is historically normal
The NASDAQ 100 has been rather brutal for a lot of traders during the month of September, but when you step out and look at the weekly chart, you can see that we are still very much in an uptrend