Source: PaxForex Premium Analytics Portal, Fundamental Insight Even during the worst period of the coronavirus pandemic, Disney has never really lost its magic charm. Sure, the entertainment giant has temporarily closed its theme parks and suffered some losses over the past year, yet investors have never stopped believing in the future of the Disney brand. The company's stock was up 25 percent last year and more than 7 percent this year. Undoubtedly, all those who were optimistic about the company's prospects were right. But it...
Source: PaxForex Premium Analytics Portal, Fundamental Insight While the price of Ethereum enjoyed a bullish period, it faces two primary issues that may steal its tailwind, at least in the medium-term. Users of the Ethereum blockchain face congestions issues and sky-high gas prices, the fee users must pay for transactions. The upcoming Berlin upgrade may not provide the long-term relief many users require. After the average transaction cost peaked just above $39, it retreated but presently remains at a punishing $16. Developers and...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Last year was pretty crazy for the stock market due to the coronavirus outbreak. In February and March of last year, indices fell more than 20%, but in the following 12 months, they skyrocketed. After Walmart added $40 billion to its annual sales base in 2020, no one can argue that the retail giant failed to seize the opportunities offered by the pandemic. Nonetheless, the stock has underperformed over the past year, lagging more than 40 percentage points behind the S&P 500...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Following the SEC lawsuit, Ripple lost its footing. At least one law firm is filing a motion to intervene on behalf of six XRP holders, claiming the US government’s action caused investors to lose $15 billion. After the SEC announced legal action against Ripple near the end of December 2020, many regulated exchanges suspended trading on the XRP token or delisted it. The result was a massive sell-off. While the XRP/USD regained most of those losses, it lost bullish momentum...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Although most traders and investors are crazy about Tesla, there are still those who are not so enamored with the EV maker. Let's look at some reasons why you should be careful when adding TSLA stock to your portfolio. The first reason relates to the way the markets work. No product can win the global market unquestioningly. It is particularly accurate in an industry where it can take two to five years to get a new product from idea to target customer. Add in annual capital...
