Question

Research the stock of a corporation, a foreign currency such as Euro, Pound, Japanese Yen, Australian $, Canadian $, New Zealand $, Swiss Franc etc., a commodity such as oil, gold, silver, and agricultural products such as sugar, corn, coffee and the like, and find either an uptrend or a downtrend chart or graph; uploading the graphs or trends are not necessary. Then, read some news about the stock or currency…and find at least a couple of reasons why the stock or currency or commodity of your choice has been in an uptrend or downtrend in the past several days, weeks, months, or years.

Answer 1

I will be selecting stock Tesla, this stock has been on continuous uptrend past few months because

A. People are expecting that company is new generation company and it is a technological company rather than automaker

B. The company has reported profits and it is expected to replicate the same.

The currency I will be taking it United States dollar. It has outperformed because-

A. American economy is continuously performing better than others

B. people are expecting an impendingimpending recession so they are taking position in dollars

Commodity I will be taking is oil. It has underperformed because-

A. There is a large uncertainty in the OPEC related to price fixation

B. The prices of oil has gone down.