Posts From Andrew Wright

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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.

Amazon Files Lawsuit Against US DoD Over JEDI Contract

  The cloud division of the online retailer Amazon.com, Inc. (Nasdaq: AMZN) has filed a lawsuit at the Court of Federal Claims against the US Department of Defense (Pentagon) on November 8th regarding the latter’s decision to bestow the $10

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Hong Kong Studying Benefits & Threats of Digital Currency

  The cryptocurrency market continues to lose ground, with Bitcoin (BTC) falling below the $9,000 level once again. At the time of writing this article, Bitcoin has lost 3.4% in the past 24 hours to trade at $8,731.71. Likewise, Ether

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Coke Bottlers Adopt Blockchain To Manage Supply Chain

  The cryptocurrency market seems to have lost its momentum again, with Bitcoin (BTC) hovering around $9,300 levels, representing a loss of 0.3% in the past 24 hours. Ether (ETH), native crypto of Ethereum blockchain, has lost 0.7% to trade

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Apple Beats Q4 EPS Estimates Despite Drop in iPhone Sales

  iPhone manufacturer Apple Inc. (Nasdaq: AAPL) reported fiscal 2019 fourth-quarter profit and revenues that surpassed analysts’ estimates. The company also issued a robust revenue forecast for the forthcoming quarter, which includes holiday season, implying a robust demand for its

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US Dollar Rises On Optimism Over Trade Deal With China

  The US dollar rose against the Swiss franc yesterday after news reports indicated that “phase one” of the Sino-American deal is nearing finalization. As optimism returned to markets, traders have started unwinding long positions in safe-haven currencies such as

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SAP Reveals 3-year Cloud Partnership With Microsoft

  Enterprise software developer SAP SE (NYSE: SAP, XETRA: SAP-DE) said on Monday that it had entered into a three-year agreement with Microsoft to assist its long-list of enterprise clients move their business activities into the cloud. The agreement resolves

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HSBC Issues First L/C Using Blockchain-Powered System

  The cryptocurrency market has turned red after Bitcoin (BTC) failed to consolidate and rise above the $8,500 level. Bitcoin, at the time of writing this article, has dropped to $7,980. The market cap has declined to $148.78 billion. Along

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Citigroup Downgrades PG&E, Says Stock Price Could Hit Zero

  PG&E Corporation (NYSE: PCG) made headlines last week after Citigroup analyst Praful Mehta downwardly revised the stock’s rating to “Sell” from “Neutral/High Risk” on concerns over the impact of a bankruptcy plan tabled by Elliott Management group. The Citigroup

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Power Ledger Begins 2nd Blockchain Energy Trading Trial

  The cryptocurrency market remains range-bound with slight bullish bias. However, Bitcoin (BTC) continues to struggle at $8,200 levels. In the past 24 hours, the cryptocurrency has gained 4.6% to trade at $8,260. The market cap of Bitcoin is currently

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Brexit Uncertainty Takes a Toll On UK Construction Sector

  The pound fell sharply yesterday after IHS Markit data indicated contraction of the UK construction sector as Brexit uncertainty caused sluggishness in demand. However, the pound bounced back strongly after the US private-sector job growth fell below analysts’ estimates.

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