We just hope you did trade the three hottest stocks of the month. Riot Blockchain, Palantir Technologies, and Rocket Companies have offered amazing trading opportunities to SimpleFX users. On top of that, you can win $300 taking part in our $1,000 giveaway. All you have to do is trade the three companies as much as you can. You can go short or long, hedge your positions anyway you like. You can protect yourself from volatility and win a nice prize from us.
Riot Blockchain, a cryptocurrency mining company, has moved up 9.2% on Friday, drifted sideways on Monday, and then slid over 10% on Tuesday. The stock price is linked to cryptocurrency markets, specifically the reports on bitcoin mining activities around the world. The possible ban on crypto in India hurts BTCUSD price, but in a long run can be beneficial for the mining industry in other countries.
Palantir Technologies is a serious company providing big data solutions and analysis for corporate clients, helping them to integrate data and make data-driven decisions. Their stock is heavily influenced by other tech stock as they are relatively small.
Rocket Companies is a typical “stonk”. The company was heavily shorted by hedge funds, as they operate in a legacy sector, and they were not doing well fundamentally. However, this changed when the “meme investors” decided to pump it two weeks ago. The second round may come anytime.
Trade the three companies this week as the offer ends on March 24. Good luck!