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 and investors thought Monday and Tuesday’s surge indicated future momentum.… Read more

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.Read more

How “Wolf of Wallstreet” Star built a $240 million empire from Ethical Investments

Leonardo DiCaprio is a renowned actor known for starring in blockbusters such as Titanic, Shutter Island and more recently playing the role of  Jordan Belfort in “Wolf of Wallstreet”. Ironically enough, Leonardo’s character in “Wolf of Wallstreet” depicts a Stock Broker from Long Island, that pleaded guilty to securities fraud and money laundering.… Read more

Is it time to buy Tesla shares?

Markets are expected to bounce back this morning on the wake of Donald Trump pushing a payroll tax cut to combat the Coronavirus effects on the US economy. With markets looking strong, Tesla is expected to open at $661 (9:07 am EST), a 8.72% increase according to the pre-markets.… Read more

iBio opens 23% lower this morning before recovery, will there be a better opportunity for entry?

Markets hit turmoil this morning as the Dow Jones sunk 1,600 points and the S&P was down over 6% at open. With a major sell-off, which caused the bloodbath on Wallstreet this morning, iBio had a very volatile first few hours of trading. After an early plummet to lows of $1.59, the stock quickly bounced back up to highs of $2.33 before settling at $1.80 in the early afternoon (1:30 pm EST).… Read more

Markets likely to fall further before recovery – a test for long term investors?

The markets are predicted to remain bearish this week as news on the Coronavirus continues to remain negative. The media have generated fear about the virus resulting in goods such as hand sanitiser and face masks being cleared off the shelves in every shopping centre. This fear has now infected the Global Markets with major indexes facing a sell-off which has had a snowball effect on most stocks in the ASX.… Read more