October Effect gripping the Financial markets yet again?

2 min read

For us October is a transitioning month from Fall to Winter with the beautiful colors in the backdrop, but for the Financial markets it has historically been a “scary” month with most of the Market crashes happening in this month. The last couple of days of carnage in the Global equities led by the slide in U.S stocks have pointed towards the correction that many had been anticipating. The bearish sentiment that started yesterday with a drop of more than 800 points in the Dow Jones average continued unabated today with another fall of 500+ points practically erasing all the…...

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Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.