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Fibonacci Confluence on FX Pairs

Talking Points: - As looked at earlier in this module,Fibonacci retracements can help traders to identify possible support/resistance. - We’ve previously discussed how a trader can use Fibonacci retracements on long-term-charts, and by focusing on multiple major moves traders may be able to glean confluent areas of support/resistance. This can provide multiple reasons for buyers or sellers to defend these key spots on the chart, keeping the door open for reversals or retracements.

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Arm IPO: everything you need to know

The Arm IPO could be near after Softbank's plan to sell the UK's tech 'crown jewel' to Nvidia collapses. The microchip designer could be the hottest Initial Public Offering of 2022. Source: Bloomberg   Shares Arm Ltd. Nvidia IPO SoftBank Group Integrated circuit

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Is Lyft On the Road to Success or Speed Bumps Ahead?

Feb 10, 2022  |  By: James Blakeway, tastytrade. At $44 per share, Lyft, Inc. (LYFT) is a far cry from its summer 2019 debut high of $88.60. However, things may be turning around for LYFT shareholders. By the end of 2019, LYFT seemed to be shrugging off the post-IPO lows, pushing back above $50 by February of 2020. Naturally, the pandemic took its toll on LYFT, slumping the stock to a low of $14.56 by mid-March. Fast forward to 2021 and LYFT found a high price back above $68 before a r

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Dividend Adjustments 14th February 2022 - 21st February 2022

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 14th February 2022. These are projected dividends and likely to change. IG cannot be held responsible for any changes made. Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. Amount in brackets is the expected adjustment after special dividends excluded (where shown on major indices). Dividend adjustments due to be posted

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AUD/USD edges up as RBA ends QE

The Reserve Bank of Australia (RBA) conducted its final securities purchase on Thursday. Source: Bloomberg Hebe Chen | Market Analyst, Australia | Publication date: Thursday 10 February 2022 The Reserve Bank of Australia (RBA) condu

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How Risky is Shorting a Market with Futures?

Feb 8, 2022 By:Frank Kaberna, tastytrade One of the most frightening sights in trading is the infinity symbol that appears next to the potential loss on a position that is short the underlying market. Selling futures, calls, and even shares of stock short can give you both the ability to profit from a market moving lower and the theoretical chance of losing multiples of your money if the market’s price approaches infinity. SMO \ Small Crude Oil But prices rarely reflect a sid

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