Credit Suisse announced it’s intention to delist the popular Exchange Traded Note VelocityShares Daily 2x VIX (TVIX) linked to the S&P 500 VIX Short-Term Futures. Alongside 8 other publicly listed ETN’s, TVIX will no longer be traded on the NASDAQ effective of July 12th while issuances suspended on the 3rd of July.
Category Archives: Banking and Payment Solutions
Black Lives Matter rally sees BYFC skyrocket 300% – is this another UONE?
Broadway Financial Corporation (NASDAQ: BYFC) is up over 300% from what seems to be an enormous Black Lives Matter rally. Google (NASDAQ: GOOGL), Facebook (NASDAQ: FB), Netflix (NASDAQ: NFLX), Twitter (NASDAQ: TW), Apple (NASDAQ: AAPL), and Amazon (NASDAQ: AMZN) injected a combined total of $1.1billion into black-run businesses. Hence why every investor under the sun […]
Zip is up 450% – is it too late to invest?
Investors always viewed Zip Co (ASX: Z1P) as the little brother to Afterpay. However, the investor sentiment is beginning to change as Z1P is up an impressive 70% for the week. Almost every investor is jumping on the Z1P train. However, many investors standing at the station are wondering whether there is time to invest […]
Greenpro surges 600% after acquiring 4% in the Millenium Sapphire – is the future bullish?
To say that the financial sector is going through a “rough patch” is an understatement. Profit plunges, dividend cuts, frozen loan repayments, and suspended executive pay increases have been the fallout of the COVID-19 pandemic. Since the market highs recorded on February 20, the S&P 500 Financial Index fell by over 22.6%. However, amidst the […]
Is Afterpay a bubble ready to burst?
Why is APT soaring? Chinese tech giant Tencent bought a 5% equity share of Afterpay (ASX:APT) ASX investors then rallied behind APT, triggering a 30% surge. Tencent was attracted to Afterpay after seeing its rapid expansion in the US, gaining 4.4 million customers in 2 years. Before this news, many investors were sceptical about Afterpay […]
Macquarie surges after slashing dividends by 50%
What was once considered “safe investments” don’t look to be so secure now. To say that the banking industry is going through a challenging period would be an understatement. Profit plunges, dividend cuts, and frozen loan payments have all been the fallout of the Coronavirus pandemic. Since COVID-19 began infecting the markets, the Big Four […]
Westpac’s profit plunges by 62% – Is a long term investment pointless?
First, it was NAB, then ANZ and now Westpac (ASX:WBC) . The stereotypical safe investments are not looking so safe anymore. Profit plunges, dividend cuts, and frozen mortgage paymentsscream banking instability. Westpac’s $23 million lawsuit for money laundering, sex trafficking, and terrorism was bad enough. However, the dire consequences of COVID-19 could be the straw that […]
NAB is now too risky – here are the banks that you should be looking at.
Banks are like the sails on a ship as they propel the country towards economic growth. Banks finance our businesses, allow millions of people to take out mortgages, and allow us to save money. When banks begin to topple, the likelihood of the ship sinking is high. Thus it should come as no surprise that […]
Goldman Sachs earnings plunge by 50% – is this the best COVID-19 investment?
Quarterly financial reports often produce extremely turbulent market conditions. Earnings season breeds two types of investors. For example, you have the investors who sell/buy after a company releases weak/strong financials. On the other hand, you also have opportunists who aim to snap up companies at a discount. Reporting season saw the Dow Jones pinball between […]
Is now the time for ‘Big Four’ Investors ?
The Sydney Royal Easter show might have been shut down but the ASX rollercoaster continues to travel at full speed. The market suffered yet another blow today, dropping 5%. Consequently, any confidence behind Morrison’s stimulus package, the RBA rate cuts, or travel bans is now squashed. It appears the gravitational force behind the coronavirus is […]
Coronavirus creates a rare opportunity for ‘Big Four’ investors
Investors strapped themselves in for what appeared to be another downhill slide in the stock market. Especially, as the market experienced its worst day on Monday since the GFC, falling 7.3%. However, the ASX 200 rebounded from yesterday’s sell-off, climbing 6.46%. Amidst today’s recovery, our four big banks posted some impressive returns. National Australia Bank […]
How long will Afterpay and Zip Co be under the legal microscope?
The rapidly emerging Buy Now Pay Later (BNPL) market is shaking the investment and spending world. What started off as a revolutionary payment solution is now gaining criticism as an unethical payment solution. Despite each person having ‘micro debt’, which might appear okay at a surface level, if its multiplied by millions of people […]
Can EML produce another 280% annual growth in 2020?
The innovation in the payment industry is only the beginning. Whether you are an investor or not, we all purchase products. How you purchase your products is the real question? Do you use Afterpay, a credit card, Split it Payments or just your hard-earned money in the bank? The broad range at which we can […]
Macquarie Group set for a big 2020 – is it too late to buy shares?
Before I start, I am obliged to remind our viewers that this is not advice only general commentary from my extensive research in this area. The Sydney-based investment bank has seen incredible success posting a double-digit increase in profits this year from 3.464 billion (before tax 2018) to 3.867 billion in 2019. They also posted a […]
ASX: SPT stock shows strong potential come 2020 so what’s the catch?
Before I start, I am obliged to remind our viewers that this is not advice only general commentary from my extensive research in this area. Split it Payments LTD is a payment solution for consumers that will split payments on existing debit or credit cards into monthly instalments with no interest or fees. SPT belongs to […]
Westpac “missed” 23 million breaches of anti-money laundering. Here’s why I would NOT buy Westpac shares .
Before I start, I am obliged to remind our viewers that this is not advice only general commentary from my extensive research in this area. We all know Westpac as one of the “big four” banks that run Australia’s personal banking industry. Many of you may use the Westpac service yourself, yet what you may […]
Afterpay set to keep on giving to BNPL investors. Here’s how we would capitalise on APT in 2020 .
Before I start, I am obliged to remind our viewers that this is not advice only general commentary from my extensive research in this area. The Afterpay story of success dates back to April 2018 when the stock skyrocketed to $19.69 by August 2018 from a mere $5.45 a few months earlier. The BNPL industry has […]
ZIP Co Ltd : Is it a time to join the ZIP train or was UBS right ?
Before I start, I am obliged to remind our viewers that this is not advice only general commentary from my extensive research in this area. ZIP Co LTD , an Australian finance company has seen phenomenal stock growth since January this year , posting a 500% increase from January to October 2019 . As at market close November 1 , ZIP […]