Surprising action from the precious metals today, $SILVER not displaying any safe haven characteristics. Silver has just retraced the entire move it started in December when Iran tensions started to flair and it just goes to show that all crisis are not created equal. This will disappoint a lot of […]
etoro
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 […]
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 […]
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 […]
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 […]