On November 23, 2021, the Turkish lira suffered its worst historic retreat. That day, the Istanbul Stock Exchange saw a record drop in the national currency. The lira tumbled by as much as 12.28% overnight to trade at 12.90 against the US dollar. Such a deep decline of the national currency came after President Recep Tayyip Erdogan praised the recent interest rate cut implemented by the National Bank of Turkey. On November 19, the regulator lowered the rate to 15% from 16%. A few days later, Erdogan said he was �pleased� that the central bank had cut rates for the third month in a row, even though such measures contributed to accelerated inflation in the country. After Erdogan had justified these actions, the lira lost over 12% of its value.Show moreShow less

When it comes to tweets that can shake the market, it is almost always about Elon Musk. There are plenty of examples when one post by the Tesla CEO caused turmoil in the market. Here is one of them. In November 2021, in the wake of the new billionaire tax, the Tesla boss said that he did not take any salary or cash bonuses. His wealth came from stock awards and the gains in Tesla's share price. So, the only way for him to pay the tax was to sell the shares. Musk, who currently owns a 23% stake in Tesla, asked his Twitter followers whether he should sell 10% of his Tesla stock. More than 3.5 million people took part in the poll, with 57.9% voting in favor of the share sale. Eventually, the businessman sold $5 billion worth of Tesla shares. Consequently, in less than a week, Tesla shares lost about 15% of their value, plunging to $1,015 from $1,225 per unit. Show moreShow less

Investors have lost confidence in Meta who gave us Facebook, WhatsApp, and Instagram more than once. In February 2022, the giant reported a record daily plunge in its share price in the equity market history. The firm lost over $251 billion in one day after the release of the quarterly earnings report on February 2. As it turned out, the expansion of the Facebook user base halted in late 2021. Moreover, the social network saw a decrease in active users in a number of countries. Facing serious competition from TikTok, the number of active Facebook users dropped to 1.929 billion from 1.93 billion. People started to spend less time on the company's most profitable services. Meanwhile, in the wake of changes in the Apple privacy policy, online activity became impossible to track, which affected Meta's advertising revenue. Above all else, Mark Zuckerberg shifted his focus from the social network to the metaverse, which resulted in a $10 billion net loss in 2021. In a day, Meta's shares plummeted by 26% to $237 versus $323 as soon as the news broke. Show moreShow less

March 14, 2022 came down in the history of China's stock market as Black Monday. On that day, Hong Kong's main indices declined by 7.5-12% for the first time since 2008. The equity market crashed as soon as the Financial Times and The Wall Street Journal reported that Russia had allegedly turned to China for help with military equipment amid the armed conflict in Ukraine. Commerce Secretary Gina Raimondo warned China of possible sanctions from the United States. Moscow and Beijing denied the allegations, but stock indices collapsed anyway.Show moreShow less

January 18 and 19, 2022 can hardly be called successful days for one of the underlying US stock market indices. The Nasdaq Composite, which tracks the largest tech companies, tumbled by 3.72% in 2 days and by 7.6% in a week. On the one hand, the index dropped due to record inflation in the US, which fuelled fears about monetary policy tightening by the Federal Reserve. On the other hand, the fall came at the same time the earnings season began, with big tech firms publishing disappointing results. Popularity and profitability of services focusing on remote work went down as the world started to gradually get back to normal after the pandemic. Netflix alone lost 20% of its share price, while Peloton's shares nosedived by 24%. Spotify, Roblox, Amazon, and many other firms also saw their share value drop.Show moreShow less

When it comes to tweets that can shake the market, it is almost always about Elon Musk. There are plenty of examples when one post by the Tesla CEO caused turmoil in the market. Here is one of them. In November 2021, in the wake of the new billionaire tax, the Tesla boss said that he did not take any salary or cash bonuses. His wealth came from stock awards and the gains in Tesla's share price. So, the only way for him to pay the tax was to sell the shares. Musk, who currently owns a 23% stake in Tesla, asked his Twitter followers whether he should sell 10% of his Tesla stock. More than 3.5 million people took part in the poll, with 57.9% voting in favor of the share sale. Eventually, the businessman sold $5 billion worth of Tesla shares. Consequently, in less than a week, Tesla shares lost about 15% of their value, plunging to $1,015 from $1,225 per unit. Show moreShow less

If you had opened a sell trade on January 18 at the value of 15,570 points, you could have gained 5,000 points on the difference by the end of trading on January 19. This is about $500 of profit with a moderate risk strategy and about $2,500 with aggressive strategy.

On November 23, 2021, the Turkish lira suffered its worst historic retreat. That day, the Istanbul Stock Exchange saw a record drop in the national currency. The lira tumbled by as much as 12.28% overnight to trade at 12.90 against the US dollar. Such a deep decline of the national currency came after President Recep Tayyip Erdogan praised the recent interest rate cut implemented by the National Bank of Turkey. On November 19, the regulator lowered the rate to 15% from 16%. A few days later, Erdogan said he was �pleased� that the central bank had cut rates for the third month in a row, even though such measures contributed to accelerated inflation in the country. After Erdogan had justified these actions, the lira lost over 12% of its value.Show moreShow less