The Australian share market has rallied to its highest level since early March and briefly reclaimed the 6,000-point level on buying of leading blue chips. The Big Four banks have returned strongly after being hit hard by the fallout from the coronavirus…
‘The time to buy is when there’s blood in the streets.’ You’ve probably heard or seen this quote a few times if you’re a market devotee. It is a favourite catch cry of the contrarian investor….
Dear Reader, Have you noticed how the mainstream press is trying to turn panic buying into a good thing? I’ve seen headlines like ‘panic buying drives biggest retail sales…’ …or in today’s paper: ‘Australians were the world’s best panic buyers’. According to the article, Australia ‘out-shopped’ 54 other countries when it came to panic buying, […]
On the back of some large announcements, Zip Co Ltd [ASX:Z1P] rocketed up 72.33% from the close last week to $6.58 at the time of writing. Being one of the larger players in the buy now, pay later space (BNPL), Zip’s business saw a large influx of new users recently…
When it comes to bitcoin critics, there are plenty of names to choose from. One of the most vocal has always been JPMorgan CEO Jamie Dimon. Overnight, for the first time in almost a month, bitcoin hit the US$10,000 mark again…
Can the stock market go higher? — There are lootings, shootings, and protests all over the country. And the stock market moves up?! Yeah, it sounds crazy, I know. But that’s what’s happening. US stock markets edged up 0.36% overnight…
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