https://www.reuters.com/article/us-china-health-disneyland/tokyo-disneyland-to-close-through-mid-march-on-coronavirus-concerns-idUSKCN20M09T Finally Disney cracked under $120 in yesterdays session, a level I wanted it to revisit after I took profits late last year around $138. I did miss the run up to the $150 area and at the time I thought the optimism around Disney+ was overpriced given it was […]
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Morning all. I found another interesting chart, to add to my post from last night about the record set with the 10% correction. This one looks at all the market corrections since WWII, of which there has been 26, and calculate the average to be 13.7%. The $SPX500 here on […]
Morning all. Just a quick update to look at $BTC as it has decided to come down and test the 50 day moving average, as I hoped it would, and we have some buy orders that have been triggered during this test and move through that level. The 200 day […]
Morning all. Interesting to see $GOLD put in bit of a correction overnight and closed the Sunday night gap. I was looking at the start of January run higher in Gold when the US-Iran tensions spiked and price did a move above $1,600. As that tension dissipated, Gold put in […]
I thought this was quite an interesting story on CNBC this morning. I see a lot of people look at the virus outbreak as something quite insignificant and associate it with its impact on China, but here is a good example of how second order effects can start to accumulate […]
Update for Copiers I think the $COPPER chart is starting to look interesting. The extended shutdown in China of factories and businesses had a sharp impact at end of January but it started to bounce quickly when markets got ahead of themselves and thought everything was going to return to […]
I received an email today announcing a new CopyPortfolio from eToro. This time their focus is on Dividend Growth and the minimum investment is US$2,000. The eToro platform already has two dividend ETF’s available, $DGRO which is the iShares Core Dividend Growth ETF and $HDV which is the iShares Core […]
Been a while since I shared a chart here but I think $BTC is particularly interesting at the moment. We’ve seen a good rally and it’s really sparked some new interest in crypto and their prospects for the future. In the next 3 days we will see confirmation of a […]
What an amazing week! Jim Cramer on CNBC was calling this ‘Hell Week’ everyday and he wasn’t far wrong. It’s not been since March that I last reported movements like those below and I think there is a good chance a similar pattern plays out. Here are the movements for […]