City Index offers traders to react to US tech earnings in real time
Online trading company City Index, part of StoneX, enables traders to take a position when others cannot. Clients of the broker can trade U.S. tech earnings in real time with extended trading hours and low commission.
The out-of-hours pricing applies to over 70 major U.S. stocks.
The wind was knocked out of tech stocks in 2022, against the backdrop of multiple mass layoffs, rising interest rates and increased inflation. However, some analysts are already predicting a positive shift in market sentiment for 2023. Can FAANG stocks regain their bite as we enter the year ahead?
Traders can take advantage of City Index’s Extended Hours offering and trade earnings in real time as they are announced. They can learn about their own trading psychology with Performance Analytics, City Index’s exclusive tool that delivers personalised insights.
City Index has recently introduced an innovative Performance Analytics feature which allows clients to monitor their trading plans in real time. The feature gives clients of the broker the ability to minimise downside risks with good money management rules; set reminders to protect themselves from emotional trades; and track metrics on open trades in real-time in order to stay disciplined.
Meta and Amazon are due to announce their Q4 2022 earnings this week, whereas Google’s earnings release is scheduled for the week beginning February 6, 2023.