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. […]
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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 […]
Morning all. It was an interesting day in the markets yesterday which potentially saw the recent rally come to an end. Looking at the Dow for example it was 4% up at one point during the day, but closed the day down. Something that’s only happened on a couple of […]
Morning all. Japan has just declared a state of emergency, another sign that the world is far from recovery from this virus situation. The strength of markets is quite surprising, the SP500 is back above a level is was a year ago, and consider how different the circumstances are. One […]
Morning all. Markets are on the up this morning with some optimism from improving case statistics from Europe and the US reporting drop in new daily cases. President Trump also jumped back on the bandwagon of suggesting they’ve got to get the country open soon and that things are improving […]
Morning all. I saw this story earlier and it added to my thoughts that markets are not paying enough attention to what is going on in Asia at the moment with regard to the COVID-19 outbreak. Singapore has just announced that they will close schools and most workplaces, except for […]
Morning all. Markets showed a little bit of optimism this morning, I think centred around a move up in Oil and news from China that more of the manufacturing sector was back up and running. Attention now seems to be shifting to US Jobless Claims data that is due in […]
Morning all. It looks like markets are going to start the month on the back-foot as finally, Trump’s propaganda machine finally collapsing under the stark reality that the US is heading towards a crisis. It’s been quite incredible to see the media and his medical experts continue to let him […]
Evening all. Finally it’s month end and quarter end. And what a 1st quarter it has been. Some history was made with substantial losses taken on some major exchanges. ” The Dow and S&P 500 had their worst first-quarter performances ever, losing 23.2 and 20%, respectively. The Dow also had […]