Afterpay (ASX: APT) and Zip Co (ASX: Z1P) are putting on an impressive show before Thursday’s earnings with APT, and Z1P eyeing $100, and $10 respectively. The BNPL rockets seem to be poised for blast off come Thursday as institutions, main street, and analysts remain bullish.… Read more
Mesoblast (ASX: MSB) (NASDAQ: MESO) was on our portfolio since May. However, volume started to climb higher this week as an advisory committee voted in favour of Mesoblasts pediatric drug remestemcel-L (Rynocil). The positive catalyst triggered a Mesoblast buying party on the ASX and the NASDAQ.… Read more
Afterpay (ASX:APT) stunned the entire market after hitting a new all-time high of $75, resulting in a 725% rise in three months. APT’s recovery from COVID-19 instantly caught the eyes of many investors. However, doubt crept in that Afterpay’s growth mimicked that of a bubble. The entire BNPL is surging like a missile.… Read more
With restrictions lifting and international travel on the horizon, Australians eager for a holiday will soon be flocking to the nearest travel agent in hopes of planning the next family vacation. Today we will look at two of the ASX’s most traded travel agents Webjet Limited (ASX: WEB) and Flight Centre Travel Group (ASX: FLT).… Read more
To most Australians, shopping centres exist for one reason, to make you poorer. Ever since the introduction of the credit card in 1951 and more recently, Buy Now Pay Later, shopping centres have become a national sport.
However, for the sharp investor, shopping centres can make a great addition to your portfolio.… Read more
Every investor must understand bulls and bears make money, but pigs get slaughtered. In other words, you can profit when the market goes up or down, but if you are too greedy, you will get burned.
We are in a down market (opinion, not advice). Yes, there are bullish recoveries.… Read more
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There's been an extraordinary collapse in the price of oil in the United States with crude dropping below $1 a barrel, and at one point even going negative for the first time ever.
Flashback to last Tuesday and oil plummeted to a historic low. Oil dropped into negative territory. Instantly, people that’s great. Because companies like BHP will pay me to take barrels of oil off their hands, right? Unfortunately, the idea of being paid to take oil is unrealistic for the average Joe.… Read more
Written by Sergeo Domtchenko
It is fair to say that the coronavirus is not hanging around to take any hostages. On Monday evening, Virgin Australia (ASX: VAH) became the highest-profile casualty of the pandemic. Virgin soon announced its intention to enter voluntary administration.
To say that Virgin Australia (ASX: VAH) is finding it challenging to navigate through the COVID-19 storm would be an understatement. Virgin’s possible entry into voluntary administration showcases how the airline is on the brink of collapse.
Voluntary admission may be excessive. However, considering Virgin’s cash runway, mountains of debt, and recent decision to stand down 80% of its workforce, voluntary administration seems understandable.… Read more
The Tourism industry was surging before COVID-19. However, the virus is causing our treasured travel stocks to fall off the cliff. Just by looking at Qantas (ASX: QAN), Virgin (ASX: VAH), Royal Caribbean Cruises (NYSE: RCL) and Carnival Corp (NYSE: CCL), the industry-wide impacts become clear.… Read more
COVID-19 is dealing severe blows to our beloved blue chips. Lockdowns are forcing retailers to close, travel bans are causing airlines, such as Qantas, to be on life-support, and the ‘Big Four’s’ dividends are under threat.
Even before the pandemic the retail industry was suffering from a recessionary decline. Physical stores were not catering to the changes in our shopping behaviour and the internet continued to make life difficult for your local Video Ezy – if you even had one.
The stock market is uncertain but what is certain is that no one can accurately predict the expiration date of the coronavirus. The current volatility is turning the market into a casino. However, many investors are turning the odds in their favour by creating coronavirus strategies.… Read more
Has the coronavirus got you thinking about investing? If not, maybe now is the time to get involved. Because without a doubt we are living in a ‘once in a decade investment opportunity’, most of us have more free time than ever and I’ve never seen the media talk this much about finance since the GFC.… Read more
Boy wasn’t the ASX a bumpy ride this week. The market started strong with Monday and Tuesday showing signs of a recovery. However, the comeback was short-lived as Wednesday and Friday continued the bearish trend.
After closing 2.81% lower for the week it seems the Coronavirus fear is not going away anytime soon.… Read more
The Coronavirus fear is well entrenched in the market. Resulting in our Aussie blue chips dropping like hot cakes. Against all the pessimism, fear and panic A2 Milk (ASX: A2M) managed to surge 8% while the market fell 5% over the past week. A2’s growth captured the eyes and wallets of investors.… Read more
2018 saw the creation of a new, exciting and very profitable industry in the US. The 2018 amendment of the Professional and Amateur Sports Protection Act of 1992 legalised sports betting. The law ‘cut the red ribbon’ so to speak and allowed investors to enter the million-dollar industry that is online sports betting.… Read more