Posts From Andrew Wright

Andrew Wright

Prior to founding tradersasset.com in 2014, Andrew worked as a proprietary trader, then as a market maker. As a market maker, he traded options in over 100 stocks, he then began trading currency pairs in 2013. Andrew still actively trades both, and prides himself on educating and informing traders on the benefits of both Binary Options and Forex.

Netflix Misses 1Q17 Subscriber Addition Estimates

  Earlier this week, on-demand video service provider Netflix Inc. (NASDAQ: NFLX) reported fiscal 2017 first-quarter earnings that beat analysts’ estimates. Additionally, the revenues were in line with the market’s expectation. Following the results, the stock has lost about $8

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Upcoming French Election Keeps the Euro Weak

  The strong ZEW economic sentiment data from the Euro zone coupled with poor US retail sales and inflation data aided a rally in the Euro dollar in the past few trading sessions. The Euro was particularly strong against the

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P&G Hikes Dividend for 61st Consecutive Year

  The American multinational FMCG company Procter & Gamble Co (NYSE: PG) is slated to report its fiscal 2017 third-quarter earnings on April 26th. Last week, as anticipated, the company raised its quarterly dividend by 3%. Other than a raise

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Moody’s Rating Upgrade Turns Petrobras Bullish

  After getting hammered to a low of about $3 on account of the corruption scandal, the stock of Brazil’s largest company, Petroleo Brasileiro S.A. (NYSE: PBR), commonly referred to as Petrobras, has more than tripled in the past one

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Aussie Rises on Strong Energy, Resources Export View

  Last week, the Easter break and a pause in Brexit related talks shifted the momentum in favour of the Pound. On the other hand, a sharp fall in the price of iron ore led the Aussie downwards. On this

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AIG Turns Bullish on Opening up New Avenues of Revenue

  Widened 4Q16 operating loss and downgrade by S&P Global kept the stock of insurer American International Group Inc. (NYSE: AIG) in a bear orbit for the past one month. Last week, the stock touched a low of $59.90. However,

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Euro Signals Uptrend on Strong German Trade Surplus

  On the basis of issues faced by the Euro zone, we had recommended going short in the EURUSD pair on March 29th. The strong increase in the US home sales also influenced our suggestion. In this regard, for currency

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JNJ to Rally on $30 Billion Acquisition of Actelion

  The US President Donald Trump’s call for a lower drug pricing prompted a selloff of pharmaceutical stocks in mid-March. Since then, the stock price of consumer, pharmaceutical and medical device company Johnson & Johnson (NYSE: JNJ) has lost about

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GM Down on Decline in 1Q17 Vehicle Sales in China

  The disappointing March auto sales gave another chance for pessimists to argue that the US auto market has peaked. The selloff that followed pushed the stock of General Motors Co. (NYSE: GM) to $33.97 yesterday. The PE ratio of

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Pound Turns Bearish on Widened Trade Deficit

  The Pound rallied against the Canadian dollar, a commodity currency, in the second week of March, when crude price fell below the crucial level of $50 per barrel. The conciliatory statement of Theresa May in the UK Parliament, following

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