See, driving this incredible one-day result was a flood of retail investment. Everyday people in China are rushing to get into stocks. Following the guidance of their beloved leaders. According to early reports, a front-page editorial in the China Securities Journal is the culprit.
Why the Government May Be Behind Afterpay’s Incredible Rally
The buy now, pay later phenomenon has come a long way this year. Defying plenty of odds and doubters to become a true sensation. From their $8.90 low on 23 March, the APT share price has roared with a vengeance to $68.16…
dorsaVi Share Price up 500% on Clinching New Deal (ASX:DVL)
Wearable technology can often feel like a fad. dorsaVi Ltd [ASX:DVL] has certainly lent credence to this line of thinking today. The share price in this tech small-cap are trading 515% higher at time of writing.
You Won’t Believe Who’s Getting the Fed’s Free Money
Overnight the Fed released their minutes from their 9–10 June meeting. What was interesting was a new list put out by the Fed. One that detailed the nearly 800 companies which the Fed is pumping money into…
Tomorrow Is D-Day for the Banks: Open Banking and Rise of Fintechs
As of tomorrow, 1 July 2020, the next stage of open banking officially begins in Australia. It will mean each of the Big Four Banks will be required to become more transparent. However, the real winners of open banking aren’t you and me….
Central Banks Are Making a Mess of Market Dynamics
It’s been a busy week for central bankers. Scratch that…it’s been a busy six months for central bankers. Ever since this virus blew up, they’ve had their work cut out for them. Looking for exotic new ways to ‘save’ the world economy. With each new scheme more incredulous than the last. As markets stare down […]
The US Fed Denies Investors Their Returns and Their Freedom
It was another wild night for markets. Either way, the volatility is likely here to stay. Well, that is, unless Jerome Powell has something to say on the matter. Overnight the Fed released an update on its latest bank ‘stress tests’…
An End to Stimulus: Why You Need to Prepare for a September Showdown
One way or another, something is going to give. A convergence that will test our economy and market. So, as an investor, you need to start preparing for this September showdown and the end to stimulus support…
Is Ruslan Kogan the Jeff Bezos of Australia? — The Kogan Empire Grows
Love him or hate him, you can’t deny Jeff Bezos’ greatness. Just like Bezos, Ruslan Kogan — the founder and CEO of Kogan — is a polarising figure. This pandemic has changed my assessment of Kogan. Both the CEO and the business…
Beacon Lighting Group Shines Brightly Amidst the Pandemic
Beacon Lightning Group Ltd [ASX:BLX] is the latest business to defy the downturn. Showcasing their strong sales performance amidst a global pandemic. The news helped lift the BLX share price by 20% to $1.20 in trading today. Bringing it back to its pre-‘rona valuation…
