When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
YNDX - Too Early To Catch The Falling Knife In RSX
Yandex N.V.
The double blow from coronavirus and the end of the OPEC deal put enormous pressure on the Russian stock market (the most liquid Russia-related ETF is the VanEck Vectors Russia ETF (RSX)). RSX has reached lows not seen since 2016 when Russian equities were under pressure from falling oil prices. Now, the oil prices are falling again while the coronavirus puts additional pressure on the economy. Back in 2016, buying RSX was a profitable idea. Is the situation the same now?