Why This Market Rally Spells ‘Sell’
As we’re moving into another week of possible stock market gains — the ASX 200 is up 4.4% at time of writing — you shouldn’t lose sight of the long game here. And you may…
As we’re moving into another week of possible stock market gains — the ASX 200 is up 4.4% at time of writing — you shouldn’t lose sight of the long game here. And you may…
You won’t be able to get your hands on any physical gold right now. And if you could, it would cost you a handsome premium over the official spot price you’ll find on Bloomberg’s ticker.
Almost every Aussie investor has been hit hard. The ASX 200 reached its record high eight days after the Dow Jones, on 20 February.
The surge in demand has seen many pot stocks outperform the wider market over the past few weeks. Clearly pot stocks haven’t been immune to the wider market sell-off.
On Monday, the index of the top 200 Aussie stocks shattered its previous record for a single day’s gains. In a sign of the historic volatility embroiling markets, the previous record was only just set…
At the tail end of last week, the mainstream financial news trumpeted the rebound. We were told, this was the shortest bear market in Wall Street history. (A bear market is when a stock index…
Markets have been buoyed by extraordinary efforts from global governments and the world’s leading central banks in their efforts to stem the economic damage from the coronavirus shutdowns.
The yellow metal is emerging as big winner from global central bankers’ zero bound interest rates and governments’ trillion dollar stimulus packages.
Gold looks to be one of the early winners. The yellow metal is up 4.7% in US dollar terms overnight. And in Aussie dollars, gold reached new record highs.
For now, the sellers still look to far outnumber the bargain hunters. At time of writing the ASX 200 is down 4.1%. That puts it down 35.3% over the past month…