1 / 6
We're sure you've heard about space tourism. On October 15th, 2021, Richard Branson went one step further, and the company share price went...
Difficulty
Correct!
Congratulations, it is your first successful forecast. Virgin Galactic has announced that it is opening the flight window for SpaceShipTwo Unity's next rocket-powered test flight in May. Investors were looking forward to it and, naturally, Virgin Galactic's stock plummeted.
2 / 6
The master of the markets Elon Musk has about 60 million followers on Twitter, and his tweets regularly affect the market value of different shares. What happened to Tesla shares after Elon's sloppy tweet in 2020?
Difficulty
Way to go!
In May 2020, Musk tweeted that “Tesla's stock price is too high IMO”. That day Tesla's stock price closed 10% lower than the day before. Oh, this Elon! But you're absolutely right!
Sorry, not this time.
In May 2020, Musk tweeted that “Tesla's stock price is too high IMO”, and Tesla's stock price plummeted. We're sorry to say that this tweet let both you and Elon Musk down.
3 / 6
After Facebook changed its name to Meta, some investors mixed it up with other companies, and that affected the stocks of the Meta Materials manufacturer. What happened to their stocks?
Difficulty
That's right!
It's not the first-time investors are confusing companies with similar names. It is something one can hardly predict. The stocks of Meta Materials manufacturer had risen in price by 26%. It`s a good forecast. Well done!
Wrong.
The stocks went up. By the way, investors often confuse different companies, for example, Clubhouse with Clubhouse Media Group and Signal with Signal Advance. Make sure you keep your eyes open!
4 / 6
We're sure you heard about it. What happened to oil shares of WTI20 on April 20th, 2020?
Difficulty
Correct.
For the first time in the 21rst century, stocks went negative to -$40/barrel because of the coronavirus pandemic. Sellers had to pay buyers extra for goods. At that moment, traders could have gotten 300% of revenue from shares. Your correct forecast also would have brought revenue to you.
A tip from Binomo: Chasing hype and news hooks can bring high profits. But you always have to analyze the situation and think through all the consequences. Your capital might be at risk.
NextWrong.
"We'll pay you to take our oil," is how the stock exchange reacted. Shares sank by 300%.
A tip from Binomo: Chasing hype and news hooks can bring high profits if you analyze the situation and think through all the consequences. Your capital might be at risk.
Next5 / 6
We hope you follow sports events. What happened to skateboarding`s stocks in 2021?
Difficulty
You got it right!
Skateboarding made its debut appearance at the 2020 Summer Olympics in Tokyo in 2021. After this, Japan`s skateboard stocks jumped.
Sorry, wrong answer.
You must have missed this news. Skateboarding made its debut appearance at the 2020 Summer Olympics in Tokyo in 2021. Following this, Japan`s skateboard stocks went up.
6 / 6
What happened to the stocks of a video game retailer GameStop in 2021?
Difficulty
Correct!
Stocks of video game retailer GameStop exploded in January 2021. They effectively doubled in value daily and increased by 360%. Short sellers that thought the stocks would plummet lost $3.3 billion. One more successful forecast. You must have heard about it!
A tip from Binomo: Companies may often hype. As a result, investors buy up shares, and the market goes up. Such hype often tricks newbies into making bad decisions. Make sure you evaluate the risks properly.
NextWrong.
Their stocks jumped. The short squeeze was initially triggered by Reddit users. They decided to buy stocks and raise their price to prevent short sellers from making them go down.
A tip from Binomo: A tip from Binomo: Companies may often hype. As a result, investors buy up shares, and the market goes up. Such hype often tricks newbies into making bad decisions. Make sure you evaluate the risks properly.
NextPotential Trader
You've probably heard some news, but you haven't come up with any strategy yet. Make sure to open a demo account before you start investing in the real market and brush up on your skills.
Risk warning: Your capital might be at risk
You`re gonna go far
You showed pretty good results. Successful trading requires knowledge, experience, and consistency. Regularly analyze historical data for forecasting future returns more precisely. For instance, drought reports increase the value of agricultural commodities. News about a particular company merger increases the volatility of their stocks. Stay tuned - take our tests and training to keep yourself ready.
Risk warning: Your capital might be at risk
Like duck to water
You`re not the only one who heard about these companies, but you also know how to access the market. And you are interested in high-volatility investments. As a rule, your intuition doesn`t let you down but make sure you don`t rely only on your hunch. Remember, you should control the situation and balance the risks. Use a demo account to try out your strategies.
Risk warning: Your capital might be at risk