Financial markets end the year in a Psychological frenzy

3 min read

The financial market moves to end the year depicted the true definition of the “roller coaster ride.” Records got broken on the U.S stock market with the biggest Pre-Christmas loss ever, followed by the biggest one day rally ever on the 26th, with Dow posting a gain of almost 1100 point, with another 1000 point swing the following day. The volatility shook up the Cryptocurrencies as well – Bitcoin gave up most of the gains from the last week to drop below the support and staged another rebound which is holding at the time of writing. More details to follow…...

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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.