The NASDAQ 100 continues to see Green, with the index up almost 1% today. In the past 120 days, the NASDAQ 100 is up 70% from its March lows, with only 42 days in red.
Market consensus is that the recent rise in equities is primarily due to the Fed’s wave of liquidity, not an uncommon view. However, it is interesting to note that recently dovish outlooks from...
We’ve recently talked about the potential demise of the U.S. Dollar. What currency is poised to benefit the most from the devaluation of the dollar? Euro is the first thing that comes to mind.
Shortly after the safe-haven trade that pushed the dollar up against major currencies, the Euro started to rally over the U.S. dollar. After strongly piercing through 1.10,...
The dollar has seen better days.
In the past 124 trading days, only 46 has been in the green for the dollar index.
Many factors have catalyzed this risk off-trend, and unfortunately, I believe even the key fundamental strength for the dollar has slowly diminished away during this pandemic.
Inflation is the dollar's demise.
Inflation in the United States...
Busy week ahead as September kicks in. As New Zealand and the United States elections slowly approach, the Coronavirus pandemic will most likely be the center focus for many parties and how they handle the post Coronavirus world. Here is your week ahead.
Tuesday, 1st September – Germany’s Inflation and Unemployment rate
Like most of Europe, Germany is...
Prime Minister of Japan, Shinzo Abe is set to after worsening health conditions.
Shinzo Abe, 65 years old, has been battling Ulcerative Colitis, a chronic digestive condition that also forced him to step down as Prime Minister in 2006-2007. During the announcement, the Japanese TOPIX pulled back with the Japanese Yen strengthening against the U.S. dollar by...
Rising inflation has been the question many analysts, investors, and traders want answers to. Fortunately, these answers may come soon as Federal Reserve Chairman Jerome Powell is set to take the stage (virtually, of course) to address the future of US Monetary Policy post Coronavirus and, hopefully, answer the myriad of questions regarding the Fed’s stance on...
Oil has recently gotten a boost in its price from Mother Nature. Tropical Storms Laura and Marco have been gaining in intensity and are approaching hurricane strength, warned the national hurricane center in Florida.
They forecast that hurricane Laura is set to strengthen over the Gulf of Mexico, with an increased risk of dangerous storms, wind, and rainfall...
There’s a common saying when well-buying anything really – Buy low sell high. However, with the NASDAQ and the S&P 500 at all-time highs, we’ve all been guilty of doing the opposite, Buying the tops and selling (or ignoring) the lows. With the Teslas and the Apples of the World continually beating analysts estimates, is it time to buy up the beaten up stocks? Or,...
Central banks, central banks, central banks. This week ahead, central bankers from all around the world will conduct their annual Jackson hole meeting in which historically they discussed the macro-environment and, of course, monetary policy. However, due to Coronavirus restrictions, they cannot meet at Jackson Hole for the first time in 40 years. Like many...
Outside of work and trading, I believe everyone should have a stock/asset investment portfolio working for them.
However, we all are swayed by what we hear and what we watch.
If you’re an investor, you’re probably guilty of doing something similar – waking up, checking Facebook who knows you’re an investor and gives you an article from CNBC saying that either
...
Nothing beats an old fashion conglomerate. Last week, we talked about the social media conglomerate we have all come to know on Facebook. However, the business we’re going to be talking about today dips its fingers into many industries.
Reliance Industries Limited is an Indian multinational conglomerate with assets in Energy, petrochemicals, textiles, natural...
For most of my investing life, I have been a part of the upwards bull run spanning nearly a decade. Growth stocks outperformed cyclical and value, interest rates were kept low, and oil was at favorable prices. However, this year I experienced two unprecedented events: The Pandemic and negative oil prices.
Both the pandemic and negative oil prices come hand in...
The New Zealand dollar has fallen against the US Dollar as New Zealand records new community transmitted cases since the last time 102 days ago.
The New Zealand dollar has fallen over 0.75% over the past two days from its high from 0.6175 as the largest city in the country, Auckland, was put into a mandatory level 3 lockdown for three days. For reference, New...
NASDAQ is up 1% fueled by President Donald Trump issuing an executive order banning U.S. residents from doing business with Chinese owned TikTok and WeChat 45 days from now.
With the election 90 days away, some critics may point to this latest move as a hail Mary to gather up votes before the election. However, the U.S. government has cited security risks that...
Gold finally shoots past $2,000 with geopolitical risk, the coronavirus pandemic, and the recent explosions at Beirut proving to be great tailwinds pushing the metal past the significant psychological level. However, many think it still has legs to run.
The yellow metal is up 35% this year, with investors looking for a haven asset that provides a larger return...
As the dollar continues, it's a downward spiral, risk-on currencies have seen a rise in value. I have talked about how the market is slowly pricing in the long-term effects of the Coronavirus on macro-environments, and it seems like the Currency markets are gradually displaying this.
The New Zealand Dollar is up 9.06% against the USD. However, at the same time,...
Coronavirus cases have passed 18 million across the globe, with deaths approaching 700k. Markets are slowly pricing in how the Coronavirus is affecting countries' respective markets. The US Dollar is down 10% from its March highs, and the ASX is slowly edging down, booking losses three weeks in a row. This is your week ahead.
Tuesday, 4th August – Australian...
GBP/USD broke 1.30 today, a critical resistance that signals a strong bullish sentiment on the Pound as the dollar weakened on the Fed, sending full message support. Jerome Powell stated that they would keep all support lines open, including bond-buying, low-interest rates, and central bank dollar swaps. Jerome Powell emphasized, “ is not thinking about thinking...
