Afternoon all. The ADP Payroll Report was reported today, suggesting that approximately 20 million jobs were lost in April. When the official NFP data is issued on Friday, it will confirm this and give a clearer indication of the unemployment %. The markets keep looking through all these type of […]
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Afternoon all. Not many markets open on Sunday daytime, but the main Saudi stock exchange is one and it slumped 7.41% in today’s session, the biggest single day fall since markets were crashing in the middle of March. A worrying sign for risk appetite perhaps and maybe a message that […]
Afternoon all. Just taking a look at some of the commentary from the $BRK.B annual meeting and thought I’d share a few thoughts as I go through some articles. The main story for me is that Buffett has disposed of all his airline stocks. There was some knowledge that he’d […]
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. […]
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. I’m sure most of you have caught some $oil headlines, an unprecedented situation unfolding where a futures contract went into negative value. This is quite spectacular and even though I hold no Oil related investments at this time, these kind of events get my attention as an investor. […]
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. […]