Did the Nasdaq Plummet Because of the Stimulus Package Halt? | | |
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The Nasdaq fell 1.6% last Tuesday — leaving traders scrambling without really understanding what was going on.
Many traders were squeezed out of their Nasdaq positions while others shorted on the way down.
Were you one of them?
One of the biggest reasons behind this major stock market sell-off was because President Donald Trump nixed any more talks about a second stimulus package… by announcing it on Twitter.
And if that wasn't enough of a curveball, the U.S. dollar was one of the few markets that had a major reaction to this news…
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 | The Elections, a Pandemic and the President. How Will the Nasdaq React? | October 6, 2020 | Last week was crazy and shocking for both United States politics and the Nasdaq. While I usually like to stay away from politics, we might have to touch on it for once: The Nasdaq is being affected from the news of the coronavirus infiltrating the White House.
Continue Reading | |  | What Diversifying in the Forex Markets Mean
| October 9, 2020 | Do you know what it means to be diverse in the forex markets? Do you know what diversification looks like in your trading portfolio? If you want to taste any type of success while trading, you must know how to make your account as diverse as possible — especially if you fancy making your money off the forex market. Continue Reading | | |
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