Morning all, Just a quick post to welcome in the new month. DEBT DEBT DEBT I think debt is going to be the story of May. I don’t want to focus on Boeing, but I saw this article and the number is startling, $25 billion in bond offerings!!! I don’t […]
Commentary
Morning all. “We’ll revisit the 2,200 S&P low, if not make a lower low — probably by late summer,” he said. “That’s going to come because we’re going to find out now is a critical time for the market.” Interested to know how others are looking at the current rally. […]
Afternoon all. $BTC just ticked under 2 weeks to go until the halving and price has been on the up since my last post, the whole crypto sector doing quite well in tandem with global risk appetite returning. For example, the $SPX500 is up 13.10% this month and Bitcoin is […]
Morning all. US futures have recovered their overnight dip and risk sentiment is looking strong at the moment. I missed a bit of news yesterday that I’ve just seen when catching up on some stories. US Vice President Mike Pence during an interview stated that the US would see the […]
Morning all. Markets still finding support this morning with Oil recovering further and some talk in Europe about more lock down easing. I want to turn my attention to last night’s White House Coronavirus Briefing because of Trump’s attempts to downplay the Coronavirus outlook. If any of you have been […]
Morning all. Saw this story, which picks up on the point I was making at the weekend about how the virus is far from beaten despite all the attention being given to the US re-opening plans. One of the reasons I think this is important is that these Southeast Asia […]
Afternoon all. The bulls have been in charge again this week, most major indexes in the Green, spurred into the end of week by the US re-opening plan and some news that a potential therapeutic is showing good results in a trial. I’ve taken a few more profits into this […]
Morning all. Firstly, thanks to everyone who joined in my thread yesterday (on eToro) to discuss whether the new bullish tone from Wall Street was the way to go. Yesterday certainly was a very strong day for the bulls and that view did come across from many in our discussion. […]
Morning all. First thing to note is that most markets are closed today for Good Friday. Feels strange to get this extended weekend but be under strict conditions to stay home as much as possible. Some reading in the garden will be my go-to action for the day if the […]
Morning all. Quite a big day for markets coming up, with 3 main factors at play. US jobless claims data. OPEC+ meeting. Last trading day before extended holiday weekend. I think there’s some complacency in markets at the moment as even with another 5 million claims expected on top of […]