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: World events
Market Update: The bulls & bears are locked in a titanic battle – who will emerge victorious?
Trying to make sense of all the movements this week has left many investors with a migraine. Bouncing around between significant gains & losses, the ASX 200 gathered momentum to finish the week 1.6% higher at 5942.6 points. This marks a 30.7% increase from the market lows that we experienced on March 23. However, this week […]
Russia and OPEC extend historic oil cuts – are oil stocks in limbo land?
The demand for oil is at a nightmarish level. The lack of travel, the signifcant omission of cars in a stay at home economy, and the Russia-Saudia Arabia oil war are causing the oil crisis. The first two problems stem from COVID-19, which should dissipate. However, Russia- Saudi Arabi, and OPEC hold the future direction […]
Here’s the latest on the German DAX and the opportunities that are arising for investors.
The DAX is an index made up of some of the largest companies within Germany listed on the Frankfurt Stock Exchange. The companies listed on the DAX must meet specific criteria – a testament to the high quality these companies display. The DAX data over a period of 42 years – is relatively linear (inc. […]
Market Update: US – China tensions escalate – is this bull market a sucker’s rally?
Despite the false bull market the Australian markets failed to maintain their positive momentum throughout the week. The ASX 200 slipped on Friday to close out the week 0.96% lower at 5497 points. However, this was not enough to erase the gains that were made by Moderna’s positive vaccine results However, this week saw renewed […]
US-China trade war escalations could create another bear market.
Before COVID-19, the tensions between the US and China were rising. The two economic powerhouses are already fighting over the origins of the virus, a trade war would see the relationship sink further. Many experts say that China and the US are in a “new type of cold war”. Especially as the level of trust […]
Market update: Is the bull market over?
It seems that the Aussie markets have hit a rough patch. Bouncing around between substantial gains and losses, the ASX 200 finished the week 0.25% higher at 5404.8 points. Culminating the seventh time in eight weeks that the index saw overall weekly gains. The ASX 200 failed to achieve two successive days of straight gains. […]
Market Update: How long will the bull run last?
After experiencing two auspicious days of straight losses, the ASX 200 managed to claw back some ground to finish the week on a positive note. The ASX 200 rose by 0.5% to be currently sitting on 5391.1 points (a 2.8% weekly gain). Marking the sixth time in seven weeks that the Aussie markets have seen […]
Market Update: The bears and bulls are fighting – but the bears have the upper hand.
It seems like the bears still have their claws well entrenched in the market. The bears are not letting go. All the weekly gains evaporated as the ASX 200 plummeted by more than 5% on Friday. Marking the single most significant daily drop over the past five weeks. Friday’s decrease is making investors wonder whether […]
Australia pushes for a COVID-19 inquiry – what does this mean for the ASX?
The tensions between Australia and China are intensifying. The Australian government is pushing for an independent investigation into the origins of COVID-19. In retaliation, China accused Australia of parroting the United States in advocating an inquiry. The Chinese Ambassador, Cheng Jingye, warned Australia that Chinese consumers might boycott Australian goods and services if they pursue […]
Market Update: Is the ASX in a bear or bull market?
The bears emerged victorious this week after ending the false five-week bull run. While the ASX 200 posted a small gain on Friday, the market fell by 4% over the week. Making many investors curious whether the market is entering yet another bearish decline? Considering the news was more negative than positive this week, the […]
Oil plunges to all-time lows – here are our top 3 money-making strategies.
We know why you are here. You want either want to make money off the oil crisis and/or understand the oil crisis. If you want to get straight into the strategies then scroll past the ‘why did oil drop section’. Why did oil drop to $0 and into the negatives? Essentially, oil plummeted to $0 […]
IMF forecasts 2020 to be worse than the GFC – is the false recovery over?
COVID-19 is taking away our loved ones, radically changing life as we know it, and causing the global economy to come to a standstill. The catastrophic economic repercussions of COVID-19 caused The International Monetary Fund (IMF) to release a revised economic outlook for 2020. The IMF forecast the global economy will fall by 3% (April), […]
Market Update: Where do we go from here?
What, the market is up again? Despite a poor Quarterly U.S. Earnings Session and countries such as England extending their lockdown periods. If you are confused, you are not alone. Especially as some commentators are saying that we have hit the bottom, while others are telling us to prepare, as the worst is still yet […]
Market Update: Could ‘FOMO’ see the markets climb even higher this week?
What, the markets are up again. Yet the exponential rise in COVID-19 cases (1.8 million) and deaths (100,000) continues. Are you confused? If you are, you are not alone. Especially as some investors argue, the market is recovering. While other investors claim the worst, a depression is yet to arrive. The ASX put on another […]
How to profit off smart investments during COVID-19?
We are currently living in a time period of upmost significance, a historical event that will forever change humanity. COVID-19 has already taken so much from our global communities. So in response, we want to give our readers a complete guide that will give you the insight and tools needed to develop your own investment strategy. Market […]
Market Update – Everything you need to know for the ASX this week.
Last week’s extreme volatility highlighted how the unpredictability surrounding the virus is not going away anytime soon. The ASX came out of the gates surging on Monday and Tuesday as the index soared by 10%. Some investors began to speculate on a possible recovery. Especially, as the ASX was up for the 10th day straight […]
Can you profit off the new digital economy?
COVID-19 is beating up the global markets. The gravitational pull behind the coronavirus is not a new phenomenon as some international indexes have plunged by 30% over the past month. The graph below crystallises the damaging effects of COVID-19 on the Tech industry. In turn, the coronavirus is forcing the digital economy to restructure itself. […]
What The Big Short taught us about our current crisis?
Whether you’re a stock market whiz or just a fan of Hollywood’s finest actors, it’s unlikely you haven’t already seen the 2015 Blockbuster “The Big Short”. The movie tells the story of the 2007-08 GFC crisis, featuring cameos by big celebrities such as Margot Robbie and Anthony Bourdain. The movie aims to educate everyday people […]
Are you going to let these COVID-19 opportunities pass you by?
Panic, overinflated fear, and now false recoveries. Stimulus packages , RBA cuts , national lockdowns, empty supermarket shelves, rollercoaster activity on the stock market, and exponential escalations in the coronavirus death toll. After reading that, your brain might feel like it is travelling at a million miles an hour. Many investors may find it challenging to […]