Stock market – Hot Blogger Calendar http://hotbloggercalendar.com/ Sun, 05 Dec 2021 01:05:02 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://hotbloggercalendar.com/wp-content/uploads/2021/11/icon-12.png Stock market – Hot Blogger Calendar http://hotbloggercalendar.com/ 32 32 What every newbie should remember https://hotbloggercalendar.com/what-every-newbie-should-remember/ Sat, 04 Dec 2021 21:15:00 +0000 https://hotbloggercalendar.com/what-every-newbie-should-remember/ ILLUSTRATION BY RACHEL REVILLA Aries Baloran used to find content every time he looked at his collection of Jordans and Kobe Bryant sneakers. He had 120 Jordans, 15 Kobe collectibles, in total about 200 pairs. When he wasn’t playing hoops in his head, he was roaming Italy – where he worked as a gardener and […]]]>

ILLUSTRATION BY RACHEL REVILLA

Aries Baloran used to find content every time he looked at his collection of Jordans and Kobe Bryant sneakers. He had 120 Jordans, 15 Kobe collectibles, in total about 200 pairs.

When he wasn’t playing hoops in his head, he was roaming Italy – where he worked as a gardener and waiter – on one of his five bikes. His total investments for his collection of sneakers and bikes? About 1 million pesos.

Now, instead of bikes and shoes, Aries collects inventory. He often tells me that his life changed the instant he heard me say, “Money is never the most important thing. But knowing how to manage money allows us to do the things that are most important to our loved ones.

He was one of the few who were able to open an account in 2020 before COL Financial was forced to temporarily reject new requests due to a record customer acquisition. Imagine: COL opened only 40,000 accounts per year. As a result, over 400,000 accounts were opened in the first nine months of 2020. “It was crazy,” said COL founder Edward Lee.

COL is not alone. Other online brokerages like Philstocks saw a 77% increase in new accounts in 2020.

More time, more money

These new traders are not your usual retail investors. With plenty of free time and surprised at the extra money saved from the usual ‘gimmicks’ and Instagrammable steak meals that they suddenly couldn’t have, these 20+ are very aggressive. Armed with the internet, they will post their massive gains on their social media pages, and a new group of their herds will rush in and attempt to replicate them.

Aries, for his part, says he made a lot of mistakes. He was seized with the fear of missing out (FOMO), as these investors laughingly call him. He bought GMA 7 at P1 per share and sold it at P7. It is now at P13.84. He says he should have studied fundamental analysis first, instead of technical analysis. He should have thought long term instead of looking for quick wins.

For 25 years, I’ve watched bears and bulls go from thrilling hip-hop routines to beautiful ballets in the blink of an eye. But when the applause and boos fade away, only those who have adhered to proven investment principles remain.

Here are a few:

Buy stocks as a business. Actions aren’t just numbers on a screen. They are living, growing organisms with sore spots and growing points. You won’t go into business with your friend if you didn’t know the product, how your friend was going to handle things, and if they had the right people. Why buy a stock just because your friend said it gave them a 100% return in a matter of weeks? If your belief is based on your friend’s prediction, there’s a good chance you’ll sell on the first wrong turn and lose money instead.

Take away all notions that you are a rational investor. No one can outsmart the market itself. So create systems and protocols for every turning point in the market. Learn the market cycles and decide IN ADVANCE what to do for each turn. But since you are aware that your brain is not designed for discipline – and this is precisely why young investors are given the FOMO and YOLO (you only live the attitude once) – create the system that will help you discipline yourself during your exchanges. For example, predetermine when you are comfortable cutting your losses or cap your wins. These take away the emotion of investing.

Invest for the long term rather than quick daily gains. You might not notice it, but your friction costs from constant churning can eat away at your bottom line. If you are looking for the excitement of trading, separate your portfolio into long term investments and short term trades. Invest more in long-term investments: boring blue chips that you hopefully buy for less than their intrinsic value; and then, maybe 5 percent of the total can be used for your “sexy speculation trades”.

Figure out what your limit rate is and let it guide you in how you monitor the return on your investment. Aswath Damodaran says your minimum rate of return is the return you need to generate, based on the risk you take, after looking at market size, growth, and profit potential. While you won’t be successful all the time, it’s important to know when you made the wrong call and then recalibrate. The best investors aren’t the ones who get it right all the time, but the ones who know how to fine-tune their strategies. Without knowing your hurdle rate, a lot of mistakes and losses can turn into bigger mistakes and losses.

Don’t invest your money for tuition, rent, or medical procedures. No matter how much profit you project, no matter how secure the returns seem, keep your emergency funds intact and never dip into them to invest. This way, you never have to retreat at a loss, in case the markets collapse while your blood pressure skyrockets.

If you can’t do all of these, that’s okay. Instead, invest in equity index funds. You pay the lowest management fees of all the different equity funds and with less capital you invest in the top 30 listed companies in the country. It’s instant diversification at low cost.

-CONTRIBUTED

Salve Duplito is a financial literacy advocate with shows in ABS-CBN and online through his SalveSays Facebook, Youtube and Kumu social media pages. She is also President and CEO of Empower and Transform, OPC.

Subscribe to our commercial newsletter

Read more

Don’t miss the latest news and information.

Subscribe to INQUIRER PLUS to access The Philippine Daily Inquirer and over 70 other titles, share up to 5 gadgets, listen to the news, download from 4 a.m. and share articles on social media. Call 896 6000.

For comments, complaints or inquiries, contact us.



Source link

]]>
“Margin debt” is increasing. It becomes a risk for the stock market. https://hotbloggercalendar.com/margin-debt-is-increasing-it-becomes-a-risk-for-the-stock-market/ Fri, 03 Dec 2021 12:42:00 +0000 https://hotbloggercalendar.com/margin-debt-is-increasing-it-becomes-a-risk-for-the-stock-market/ Text size Using margin debt can magnify gains and losses. Above, a scene from the floor of the New York Stock Exchange. Spencer Platt / Getty Images Margin debt increased. This means that the risk to the stock market is increasing, a danger that has worsened with the recent fall in stock prices. Margin debt […]]]>

Text size


Source link

]]>
Bulls and bears jostle as Omicron and Fed push investors https://hotbloggercalendar.com/bulls-and-bears-jostle-as-omicron-and-fed-push-investors/ Thu, 02 Dec 2021 04:18:09 +0000 https://hotbloggercalendar.com/bulls-and-bears-jostle-as-omicron-and-fed-push-investors/ Asian markets retreated to the main US NFP. Mixed Fedspeak, Omicron in the USA weigh on the risks but China and the WHO favor bulls. OECD lowers global growth forecast, VIX hits annual high. Australian trade housing data has been mixed but lower yields favor poles and commodities. Asian stocks traded in a mixed fashion, […]]]>
  • Asian markets retreated to the main US NFP.
  • Mixed Fedspeak, Omicron in the USA weigh on the risks but China and the WHO favor bulls.
  • OECD lowers global growth forecast, VIX hits annual high.
  • Australian trade housing data has been mixed but lower yields favor poles and commodities.

Asian stocks traded in a mixed fashion, with fears about the virus joining the Fed’s measured response to inflation and the gossip surrounding China. That said, the MSCI Asia-Pacific Stock Index outside of Japan maintains rebound year low, up 0.30% during the day, while Japan’s Nikkei 225 posts daily loss. 0.35% before the European session on Thursday.

Fed Chairman Jerome Powell’s step back from previously hawkish testimony while estimating, according to Reuters, that inflation will drop “significantly” in the second half of 2022, during testimony against a senatorial commission. On the contrary, Federal Reserve Bank of New York chairman John C. Williams said, according to The New York Times, that Omicron could prolong the mismatch of supply and demand, causing the persistence of certain inflationary pressures. In addition, Cleveland Fed Chairman Loretta Mester hints at an acceleration in the rate and rate likely next year, according to Bloomberg.

Additionally, the first Omicron case in the United States prompted President Joe Biden’s administration to extend mask-wearing rules on public transportation. The latest economic forecast from the Organization for Economic Co-operation and Development (OECD) could add to risk aversion, suggesting global GDP growth of 5.6% (previously 5.7%) in 2021, 4 , 5% in 2022, 3.2% in 2023, by Reuters.

On the contrary, the Reuters article citing more bond issuances by Chinese developers shows that Beijing is easing liquidity strains slightly on the cash-strapped sector, which in turn has favored stocks in China, albeit marginally. . The same, however, cannot help stocks in Australia and New Zealand (NZ), as Canberra’s mixed trade and housing data have joined the New Zealand Terms of Trade Index more closes for the third quarter. Alternatively, traders from Indonesia, India, and South Korea manage to keep up with China-related gains.

It should be noted that 10-year US Treasury yields are healing their wounds at the lowest levels since early October, around 1.42% after refreshing the multi-day low to 1.40% the previous day. Alternatively, the S&P 500 Futures impression increases 0.35% to 4,523.

Importantly, DBC’s volatility index (VIX) remains firmer around the annual high, around 7.13 at the latest, while Goldman Sachs cites an industry risk appetite measure to show the strongest risk aversion conditions in the market in 2021. “Net leverage, a measure of industry risk appetite that takes into account long versus short positions, has fallen. at its lowest level in a year this week, according to data compiled by lead broker Goldman Sachs Group Inc., ”Bloomberg said.

Continuing, investors are likely witnessing a lackluster day amid a lack of major data / events ahead of Friday’s US jobs report. However, virus updates and second level data from the United States can keep traders entertained.

Read: Yields remain under pressure at 10 week low, S&P 500 Futures shows slight gains amid sluggish markets


Source link

]]>
Lower opening planned for the Indonesian stock market https://hotbloggercalendar.com/lower-opening-planned-for-the-indonesian-stock-market/ Wed, 01 Dec 2021 02:00:16 +0000 https://hotbloggercalendar.com/lower-opening-planned-for-the-indonesian-stock-market/ (RTTNews) – The Indonesian stock market has ended lower in two of three trading days since the modest two-day winning streak ended in which it had collected more than 20 points or 0.3%. Jakarta’s composite index now sits just below the plateau of 6,535 points and could take more damage on Wednesday. Global forecasts for […]]]>

(RTTNews) – The Indonesian stock market has ended lower in two of three trading days since the modest two-day winning streak ended in which it had collected more than 20 points or 0.3%. Jakarta’s composite index now sits just below the plateau of 6,535 points and could take more damage on Wednesday.

Global forecasts for Asian markets suggest consolidation amid lingering worries and concerns about COVID-19 over the outlook for interest rates. European and American markets were down and Asian markets are expected to open similarly.

JCI ended sharply lower on Tuesday following losses in financial stocks and mixed performances by cement and resource companies.

For the day, the index lost 74.36 points or 1.13% to end at a daily low of 6,533.93 after peaking at 6,647.48.

Among assets, Bank CIMB Niaga slipped 1.01%, while Bank Negara Indonesia sank 2.16%, Bank Central Asia fell 1.69%, Bank Mandiri lost 2.44%, Bank Rakyat Indonesia stumbled 1.92%, Indosat climbed 3.82%, Indocement added 0.48%, Semen Indonesia gave up 2.44 percent, Indofood Suskes plunged 3.08 percent, United Tractors fell 2.18 percent, Astra International fell 3.35 percent, Aneka Tambang fell 1.29 percent, Vale Indonesia advanced 0.84 percent, Timah fell 0.32 percent, Bumi Resources jumped 1.54 percent, Energi Mega Persada fell 1.72 percent and Bank Danamon Indonesia and Astra Agro Lestari remained unchanged.

Wall Street’s lead is generally negative as the major averages opened lower on Tuesday and remained largely underwater throughout the trading day.

The Dow Jones fell 652.22 points or 1.86% to close at 34,483.72, while the NASDAQ fell 245.14 points or 1.55% to close at 15,537.69 and the S&P 500 lost 88.26 points or 1.90% to finish at 4,567.01.

The sale on Wall Street partly reflected renewed concerns about the new variant of the coronavirus after the CEO of Moderna (MRNA) said in an interview that COVID-19 vaccines would likely be less effective against Omicron.

Stocks saw further decline after Federal Reserve Jerome Powell suggested during testimony to Congress that the central bank would discuss stepping up the pace at which it cuts its asset purchases at the next monetary policy meeting to fight inflation.

Crude oil prices fell sharply on Tuesday amid new concerns about the outlook for oil and jet fuel demand. West Texas Intermediate crude oil futures for January ended down $ 3.77 or 5.4% at $ 66.18 a barrel.

Closer to home, Indonesia will release November’s consumer price figures later today; in October, inflation was up 0.12% year on month and 1.66% year on year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


Source link

]]>
Stock market to remain cautious due to new COVID variant – Manila Bulletin https://hotbloggercalendar.com/stock-market-to-remain-cautious-due-to-new-covid-variant-manila-bulletin/ Sun, 28 Nov 2021 12:25:00 +0000 https://hotbloggercalendar.com/stock-market-to-remain-cautious-due-to-new-covid-variant-manila-bulletin/ The local stock market is expected to remain cautious this week as nervous investors wait for more news on South Africa’s new variant of COVID that could have the potential to cripple the global economy again. PSEI-NEW-PHOTO-1024 × 683 “For next week, investors may trade more cautiously amid COVID-19 concerns,” said Japhet Tantiangco, Philstocks Financial’s […]]]>

The local stock market is expected to remain cautious this week as nervous investors wait for more news on South Africa’s new variant of COVID that could have the potential to cripple the global economy again.

PSEI-NEW-PHOTO-1024 × 683

“For next week, investors may trade more cautiously amid COVID-19 concerns,” said Japhet Tantiangco, Philstocks Financial’s senior research supervisor.

He noted that “the sentiment could be weighed down by fears over the new variant of COVID-19, Omicron, and the possibility that it will cause another wave of infections around the world.”

“At the same time, investors should monitor the government’s decision on the country’s social restraint measures by December,” Tantiangco added.

He said that “investors will be watching what the government’s strategy is regarding reopening the local economy in light of the worrying new variant of COVID-19.”

Online brokerage firm 2TradeAsia.com said that with the threat of the new variant, “relaxed policy measures – such as allowing minors more mobility and reopening schools – will be called into question, as they will make the management of a potential peak event much more difficult.

“More visibility on the new variant will be paramount for players aiming to position themselves before 2022, as it could mean the difference between going all-out for cyclics and putting defenses and lockdown games as solid alternatives (for the start 2022, at least) “, he added.

However, 2TradeAsia.com said “All is not gloomy, unlike the almost limited movement of the PSEi over the past two weeks. For one, the IPO market has never been so busy in years, and capital raising keeps pace with mergers and acquisitions, a welcome change after a year of resizing.

In addition, he said that “the increase in consumer spending during the holiday season and the decline in the year-over-year base mean high earnings expectations for the fourth quarter, which could also push to an accumulation at the end of the year “.

The brokerage has warned investors to “prepare for volume aberrations as the IPO pipeline is not yet exhausted.”

BDO Chief Market Strategist Jonathan Ravelas said last week’s close at 7,278.44 highlights the market’s inability to maintain gains above the 7,350-7,425 levels.

“Next A break below the 7,200 level will signal that a short-term high is in place at 7,475.75 (November 10 high) and could lead to further losses towards 7,000,” he said. note.

Abacus Securities Corporation and COL Financial are keeping an eye on developments at newly listed company The Keepers Holdings Inc. due to a possible acquisition.

“Our considered opinion is that management will soon enter into an agreement to acquire Williams & Humbert (W&H) which produces, among others, Alfonso Brandy. Mr. Lucia Co already personally owns a 30% stake in W&H which he purchased in July 2018, ”said Abacus.

He noted that “the acquisition makes sense as KEEPR needs to secure the supply of its most popular product. We also expect significant cost savings and synergies after the acquisition.

“It’s a theory, but if we’re right, it should further increase the value of the stock. Buy KEEPR,” Abacus said.

Citing “new sources”, COL also said that “KEEPR is expected to use most of the proceeds from the follow-up offering to acquire Bodegas William & Humbert (W&H)”.

“We believe that the handover between KEEPR as a pure alcohol distribution company may be reduced relative to Emperador if it acquires W&H,” he added.

Meanwhile, COL favors Alliance Global Group Inc., GT Capital Holdings, LT Group and Metro Pacific as they are laggards in the reopening game.

“In recent weeks, the PSEi has gained ground thanks to the relaxation of quarantine restrictions and the encouraging decline in COVID-19 cases nationwide. Many blue chip holding companies such as AC and SM have led the promising price action of PSEi, ”said COL.

He noted, however, that “other holding companies have remained sluggish despite improving their fundamental outlook and cheap valuations. Given that we believe they will most likely catch up with their larger cap counterparts, we find AGI, GTCAP, LTG and MPI extremely attractive as the country returns to normal and the stock market enters a new uptrend. ”


SUBSCRIBE TO THE DAILY NEWSLETTER

CLICK HERE TO JOIN


Source link

]]>
Saudi stock market drops 5.3 as Omicron sparks global concern https://hotbloggercalendar.com/saudi-stock-market-drops-5-3-as-omicron-sparks-global-concern/ Sun, 28 Nov 2021 07:15:14 +0000 https://hotbloggercalendar.com/saudi-stock-market-drops-5-3-as-omicron-sparks-global-concern/ DUBAI: The new variant of COVID-19, Omicron, has sparked global economic concerns, as fears of its spread begin to affect stock markets and oil prices. Saudi Arabia’s main market, the Tadawul All Share Index, opened down 5.3% on Sunday, trading at nearly 10,700 points. Dubai’s financial market fell 8.49%. Oil prices fell in their biggest […]]]>

DUBAI: The new variant of COVID-19, Omicron, has sparked global economic concerns, as fears of its spread begin to affect stock markets and oil prices.

Saudi Arabia’s main market, the Tadawul All Share Index, opened down 5.3% on Sunday, trading at nearly 10,700 points.

Dubai’s financial market fell 8.49%.

Oil prices fell in their biggest drop since April 2020, with Brent prices falling 11.55% to $ 72.72 a barrel as markets close on Friday, while WTI slipped 13.06% at $ 68.15 per barrel.

The variant was first discovered in South Africa and has also since been detected in Belgium, Botswana, Israel, UK, Australia and Hong Kong.

In the Middle East, Israel is the only country to have reported a case of the new variant so far, but some governments in the region have issued travel restrictions to prevent the spread of the virus.

Saudi Arabia on Sunday expanded the list of African countries where it has banned travel because of Omicron, adding Malawi, Zambia, Madagascar, Angola, Seychelles, Mauritius and the Comoros.

The Kingdom previously halted flights to and from South Africa, Namibia, Botswana, Zimbabwe, Mozambique, Lesotho and Eswatini.

Other countries in the Middle East, including the United Arab Emirates, Bahrain, Morocco and Jordan have taken similar steps.


Source link

]]>
New variant of COVID leads to stock market crash, air travel bans https://hotbloggercalendar.com/new-variant-of-covid-leads-to-stock-market-crash-air-travel-bans/ Fri, 26 Nov 2021 18:23:00 +0000 https://hotbloggercalendar.com/new-variant-of-covid-leads-to-stock-market-crash-air-travel-bans/ By Raf Casert, Associated Press BRUSSELS – The discovery of a new variant of the coronavirus sent shivers through much of the world on Friday as nations rushed to stop air travel, markets fell sharply and scientists held emergency meetings to assess the exact risks, which were largely unknown. Medical experts, including the World Health […]]]>

By Raf Casert, Associated Press

BRUSSELS – The discovery of a new variant of the coronavirus sent shivers through much of the world on Friday as nations rushed to stop air travel, markets fell sharply and scientists held emergency meetings to assess the exact risks, which were largely unknown.

Medical experts, including the World Health Organization, have warned against overreacting before the southern African variant is better understood. But a nervous world feared the worst nearly two years after the emergence of COVID-19 and the outbreak of a pandemic that has killed more than 5 million people worldwide.

“We need to act quickly and as soon as possible,” UK Health Secretary Sajid Javid told lawmakers.

There was no immediate indication whether the variant was more transmissible or caused more severe disease. As with other variants, some infected people show no symptoms, South African experts have said.

Even though some of the genetic changes seem worrying, it was not clear whether the new variant would pose a significant threat to public health. Some earlier variants, like the beta variant, were initially of concern to scientists but did not spread very far.

The 27-country European Union imposed a temporary ban on air travel from southern Africa and stocks fell in Asia, Europe and the United States. The Dow Jones Industrial Average lost more than 1,000 points. The S&P 500 Index was down 2.3%, posting its worst day since February. The price of oil plunged nearly 12%.

“The last thing we need is to introduce a new variant which will cause even more problems,” German Health Minister Jens Spahn said. EU member countries have recently seen a massive spike in cases.

European Commission President Ursula von der Leyen said flights should “be suspended until we have a clear understanding of the danger posed by this new variant, and travelers returning from this region must adhere to rules. strict quarantine “.

She insisted on extreme caution, warning that “mutations could lead to the emergence and spread of even more worrying variants of the virus that could spread around the world within months.”

Belgium became the first country in the European Union to announce a case of the variant.

“It’s a suspicious variant,” Health Minister Frank Vandenbroucke said. “We don’t know if this is a very dangerous variant.”

It has not yet been detected in the United States, said Dr.Anthony Fauci, the United States government’s top expert on infectious diseases. Overseas, the variant “appears to be spreading at a reasonably fast rate,” he told CNN. And while it may be more transmissible and vaccine resistant than other variants, “we don’t know for sure yet.”

Showing how complicated the spread of a variant can be, the Belgian case involved a traveler who returned from Egypt to Belgium on November 11 but only became ill with mild symptoms on Monday, according to Professor Marc Van Ranst , who works for the scientific group overseeing the Belgian government’s COVID-19 response.

Israel, one of the most vaccinated countries in the world, announced on Friday that it had also detected its first case of the new variant in a traveler returning from Malawi. The traveler and two other suspected cases were placed in isolation. Israel said all three were vaccinated, but authorities were seeking to know the exact vaccination status of travelers.

After an overnight 10-hour journey, passengers on KLM flight 598 from Capetown, South Africa to Amsterdam were held up on the edge of the runway on Friday morning at Schiphol Airport for four hours while waiting for special tests. Passengers on a flight from Johannesburg were also isolated and tested.

“It’s ridiculous. If we hadn’t caught the dreaded spunk before, we are catching it now,” said passenger Francesca de ‘Medici, a Rome-based art consultant who was on the flight.

Some experts have said that the emergence of the variant illustrates how hoarding of vaccine-rich countries threatens to prolong the pandemic.

Less than 6% of people in Africa have been fully immune to COVID-19, and millions of health workers and vulnerable populations have yet to receive a single dose. These conditions can accelerate the spread of the virus, providing more possibilities for it to evolve into a dangerous variant.

“This is one of the consequences of inequity in vaccine deployment and the reason why the hoarding of surplus vaccines by the richer countries is inevitably going to come back to all of us at some point,” Michael said. Head, Senior Global Health Researcher at the UK University of Southampton. . He urged the leaders of the Group of 20 “to go beyond vague promises and keep their commitments to share the doses”.

The new variant added to investor anxiety that months of progress containing COVID-19 could be reversed.

“Investors are likely to shoot first and ask questions later until more is known,” said Jeffrey Halley of currency broker Oanda.

As a sign of concern on Wall Street, the so-called market fear gauge known as the VIX jumped 48% to 26.91. This is the highest reading on the volatility index since January, before the vaccines were widely distributed.

Speaking ahead of the EU’s announcement, Dr Michael Ryan, WHO’s head of emergencies, warned against “knee-jerk responses”.

“We’ve seen in the past the minute there’s all kind of mention of all kind of variation and everyone’s closing the borders and restricting travel,” Ryan said. “It’s really important that we stay open and focused. “

The African Centers for Disease Control and Prevention has accepted and strongly advised against any travel bans in countries that have reported the new variant. He said past experience shows that such travel bans have “not yielded significant results.”

At noon on Friday, the UK banned flights from South Africa and five other southern African countries and announced that anyone who recently arrived from those countries would be asked to be tested for the coronavirus.

Germany has said its flight ban could be enacted as early as Friday evening. Spahn said flights returning from South Africa will only be able to carry German citizens home and travelers will need to be quarantined for 14 days whether or not they are vaccinated.

Germany has seen a record number of daily cases in recent days and surpassed 100,000 deaths from COVID-19 on Thursday.

Italy’s health ministry has announced measures barring entry to anyone who has stayed in seven southern African countries – South Africa, Lesotho, Botswana, Zimbabwe, Mozambique, Namibia and Eswatini – in the past 14 days. The Netherlands and the Czech Republic have planned similar measures.

The Japanese government has announced that Japanese nationals from Eswatini, Zimbabwe, Namibia, Botswana, South Africa and Lesotho will have to quarantine themselves in dedicated government accommodation for 10 days and take tests COVID-19 on the third, sixth and tenth days. Japan has not yet opened up to foreign nationals.

The South African government has said the UK’s decision to temporarily bar South Africans from entering “appears to have been rushed”, citing the fact that the WHO has yet to recommend next steps.

Fauci said US public health officials were talking to South African colleagues on Friday. “We want to find out from scientist to scientist what exactly is going on. “

The WHO technical working group was due to meet on Friday to assess the new variant – currently identified as B.1.1.529 – and may decide to give it a name from the Greek alphabet. It says coronavirus infections have jumped 11% over the past week in Europe, the only region in the world where COVID-19 continues to rise.

WHO’s director for Europe, Dr Hans Kluge, has warned that without urgent action, the continent could see 700,000 more deaths by spring.

____

Associated Press editors Lorne Cook in Brussels, Colleen Barry in Milan, Pan Pylas in London, Jamey Keaten in Geneva, Mike Corder in The Hague, Dave McHugh in Frankfurt, Carley Petesch in Dakar, Andrew Meldrum in Johannesburg and Frank Jordans in Berlin contributed to this report.


Source link

]]>
Traders Watchlist: Top 12 Data Points to Know Before the Market’s Opening Bell Friday https://hotbloggercalendar.com/traders-watchlist-top-12-data-points-to-know-before-the-markets-opening-bell-friday/ Thu, 25 Nov 2021 16:01:24 +0000 https://hotbloggercalendar.com/traders-watchlist-top-12-data-points-to-know-before-the-markets-opening-bell-friday/ The Indian market ended Thursday’s session with gains as Sensex rose over 450 points and Nifty50 closed above 17,500 at the close. Reliance Industries, along with pharmaceutical and IT stocks, are now leading the domestic market surge after F&O expires. At the sector level, selling interest was visible on automotive, banking and financial indices and […]]]>

The Indian market ended Thursday’s session with gains as Sensex rose over 450 points and Nifty50 closed above 17,500 at the close. Reliance Industries, along with pharmaceutical and IT stocks, are now leading the domestic market surge after F&O expires.

At the sector level, selling interest was visible on automotive, banking and financial indices and buying on pharmaceutical, IT, media, metallurgical, real estate and FMCG stocks.

See Zee Business Live TV Streaming below:

Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities Ltd said: “On the last day of the November F&O series, markets rebounded strongly, largely supported by gains from Reliance.

He added: “Technically, Nifty has formed a strong bullish candle and at the same time it is consistently taking support between 17,400 and 17350 levels.”

“We are of the opinion that intraday support has now moved from 17,350 to 17,450 and as long as it is trading above 17,450 the uptrend will persist to 17,600 to 17,700. aside, below 17450, the uptrend would be vulnerable, ”Chouhan said.

Here is a list of 12 data points that will help you make a profitable trade.

Main support and resistance levels for Nifty50:

The Nifty50 closed 0.7% higher at 17,536. Support for the index’s key pivot points (Fibonacci) is placed at 17402, 17352, 17271, and while resistance is placed at 17565, 17615 and 17696. .

Main support and resistance levels for Nifty Bank:

NiftyBank closed up 0.45% at 37,441. Support for the index’s key pivot points (Fibonacci) is placed at 37181, 37089, 36940 while resistance is placed at 37479, 37571 and 37719.

Gross gross interest:

Open interest refers to the number of open or pending contracts in NSE futures trading at any given time. A seller and a buyer together create a contract.

Here the gross values ​​of the open interest positions taken by the four participants, i.e. clients are clients, are individual retail investors who invest in derivatives, DIIs are domestic individual investors, FIIs are investors Foreign Institutional and Pro are the owners and brokerage firms that trade. in their own name.

Option data:

As this is the start of the series, the options data is scattered in various distant strokes. On the options front, the maximum Call OI is at 18000 then 19000 strike while the maximum Put OI is at 17000 then 17500 strike.

“The options data suggests a trading range of 17,000 to 17,800 zones.” Chandan Taparia, vice-president | Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.

28 Stocks seeing new long positions:

If the price rises and open interest rises, participants have more long positions.

56 actions demonstrating long coverage:

If the price goes down and the open interest goes down, then the participants hedge their contracts for a long time.

22 stocks subject to short positions:

If the price goes down and the open interest goes up, then participants have more short positions.

68 stocks showing short coverage, here are the top 20:

If the price increases and the open interest decreases, then participants do not hedge their contracts.

FII activity:

Foreign portfolio investors (REITs) remained net sellers for Rs 2,300.65 crore in Indian markets, while domestic institutional investors (DII) were net buyers at Rs 1,367.8 crore, according to provisional data from the NSE.

FII index and F&O stock:

Wholesale offers:

Indiabulls Housing Finance: BNP Paribas Arbitrage 23,59,500 company shares at a weighted average price of Rs 221.34 per share on the NSE, bulk transaction data showed.

GTL Limited: Punjab National Bank sold 9,622,872 shares of the company at a weighted average price of Rs 15.6 per share on NSE, according to wholesale transaction data.

Libas Consu Products Ltd: Shifa Mohammed Hamidani bought 1,22,500 shares of the company at the weighted average price of 65 rupees per share on the NSE, according to wholesale transaction data.

ASL Industries Limited: Padmawati Realcon Private Limited bought 64,000 shares of the company at a weighted average price of Rs 24.5 per share on NSE, according to wholesale transactions data.

Stocks under F&O ban on NSE

No shares were placed under the F&O ban on Friday. Securities subject to the blackout period in the M&O segment include companies in which the security has exceeded 95% of the market-wide position limit.

(Disclaimer: The views / suggestions / advice expressed here in this article are solely by investment experts. Zee Business suggests that its readers consult their investment advisers before making a financial decision.)


Source link

]]>
Stock exchange today: Dow Slip, Oil Steadies, Gap and Nordstrom Plunge https://hotbloggercalendar.com/stock-exchange-today-dow-slip-oil-steadies-gap-and-nordstrom-plunge/ Wed, 24 Nov 2021 10:45:00 +0000 https://hotbloggercalendar.com/stock-exchange-today-dow-slip-oil-steadies-gap-and-nordstrom-plunge/ Text size The latest Federal Open Market Committee minutes will be featured along with other economic indicators. Karen Bleier / AFP / Getty Images The stock market slipped Wednesday ahead of a data dump due ahead of the Thanksgiving holiday. Future for the Dow Jones Industrial Average showed an open 125 points lower, after the […]]]>

Text size


Source link

]]>
I’m going to vote on stock and crypto bubbles, so here are a few things you might want to know about me … https://hotbloggercalendar.com/im-going-to-vote-on-stock-and-crypto-bubbles-so-here-are-a-few-things-you-might-want-to-know-about-me/ Mon, 22 Nov 2021 18:24:18 +0000 https://hotbloggercalendar.com/im-going-to-vote-on-stock-and-crypto-bubbles-so-here-are-a-few-things-you-might-want-to-know-about-me/ BI Hi! I agree with many market watchers who believe we are nearing the peak of one of the biggest speculative financial bubbles in history. So I will write about it. But before I do, I will remind you of some things you might want to know about me. First, I have some experience with […]]]>

Hi!

I agree with many market watchers who believe we are nearing the peak of one of the biggest speculative financial bubbles in history.

So I will write about it.

But before I do, I will remind you of some things you might want to know about me.

First, I have some experience with bubbles – as a participant, observer, and student of history. Second, my bubble experience includes an event that even now, decades later, shames me when I think about it.

In 2003, in the aftermath of the dot-com bubble of the late 1990s, regulators investigated how research analysts and investment bankers worked together on IPOs and other financing during the boom. A dozen brokerage firms and stock analysts (and myself) have been charged with civil securities fraud. I had to pay a huge fine and was kicked out of the securities industry.

Along with my work as an analyst, these events were widely publicized at the time, and I wrote a lot about them and my other bubble experiences. But here’s a summary.

From 1994 to 2001, I was an investment banker and internet equity analyst at Prudential, Oppenheimer and Merrill Lynch. In 2000, I was ranked # 1 Internet Analyst by Institutional Investor, The Wall Street Journal, and others. I covered Amazon, Yahoo, AOL and other stars of the day.

Like many others, I was, in hindsight, overly optimistic about the long-term prospects for many of these early internet companies – and have felt silly about it ever since. But my opinions were more nuanced than they were later. In the hope that my thinking will help provide some context for those navigating the current bubble, I’ll share some of it here.

a brief history of financial euphoria john kenneth galbraith

In a wonderful treatise titled “A Brief History of Financial Euphoria,” historian John Kenneth Galbraith observes that bubble speculators generally fall into one of two camps. The first camp believes that the wild price appreciation is not a temporary “bubble” but a permanent change in the way certain assets are valued (eg “It’s different this time.”). The second camp believes that it is a bubble, but that he will be able to take before the crash.

At the end of the 90s, I was between these two camps.

I thought the internet was a deep new technology that would cause great upheaval in the economy and create a lot of amazing investment opportunities. I also believed – and warned repeatedly – that “what looks like a bubble probably is” and that many then booming dot-coms would fail and disappear.

Given these risks, I recommended that even aggressive investors invest only a small percentage of their portfolios in internet stocks and hold them for the long term. I have rated almost all of the stocks I have covered “high risk”. And I put my money where I was: I bought and owned Amazon, AOL, Yahoo, and other tech stocks. So when the bubble burst, I too was devastated.

From 2000 to 2002, the tech part of my portfolio fell by around 90%. A lot of my assets never recovered. Fortunately, one of my stocks, Amazon, recovered – and then some. As Jeff Bezos noted, when you get the big picture, you can go a lot wrong and still be OK.

In his book, Galbraith observes that all bubbles end the same – with the public gutting of those “previously most admired for their imaginations and financial acumen” (eg, I.). I have only read the Galbraith’s book until after the crash. But it gave me an idea of ​​what might happen.

Sure enough, in 2002, then New York Attorney General Eliot Spitzer alleged that the relationship between the research and banking divisions of brokerage firms created a conflict of interest that made our research overly optimistic. I had no problem with Spitzer’s desire to improve the industry. But I believed it was possible for analysts to do their jobs with integrity. I testified that I never wrote a word in a research report that I did not believe. Sadly, Spitzer and the SEC went ahead and filed complaints against a dozen companies and analysts (and me) and restructured the industry.

When these charges were laid I became an international disgrace. I was afraid I would never work again. Fortunately, when trying to figure out what to do next, I found that a lot of people still believe in me. I will be eternally grateful for it.

A gratifying footnote to my regulatory experience came in 2009. (And, no, I’m not referring to the prostitution scandal that forced Spitzer to step down as governor of New York.) The roughly $ 450 million in fines that myself and other companies and paid analysts went to set up a fund to compensate those who thought they had been misled by our research. There were so few complaints about my research that my share of the fund mostly stayed there, earning interest. In the end, the fund administrators just sent it to the treasury.

So that’s part of my story with financial bubbles. And now let’s move on to some things I’ve learned! …


Source link

]]>