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
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
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
A depression, really? Some of you might be thinking that the coronavirus could not possibly trigger a depression, considering we have not even entered a recession yet. While we would like to see the world through the lens of a positive economic outlook, we must consider other standpoints and keep a balanced approach.… Read more
You’re tired, you’ve just finished an exhausting day at work and all you want to do is relax. So, what do you do? You kick your feet up, switch on a screen, and this beautiful red symbol appears, allowing you to be amused by the world’s best entertainment all night long.… Read more
The number of Coronavirus cases crosses 100,000, stocks plummet to multi-year record lows on the Black Monday of 2020, and Italy is forced into lockdown. Pretty grimm news for people around the world, investors and governments. Just when we thought things could not get any worse the World Health Organisation (WHO) labelled the Coronavirus a pandemic.… Read more
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.… 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
If you travelled to your local supermarket or flicked between news channels this week then you will know exactly what I am about to stay.
We are experiencing a toilet paper epidemic as the shelves are stripped bare. Supermarkets are scrambling to keep up with the demand.… Read more
IBio Inc (NYSE:IBIO) is a Texas based Bio-Pharmaceutical company which has seen a recent surge of 720% in 2020 alone. The recent Coronavirus scare has led investors to divert their capital into Bio-pharma stocks such as iBIO, due to the companies efforts in developing a vaccine to control the virus.… Read more
A silver lining in the current bearish decline is the opportunity to possibly enter strong stocks like Paradigm Biopharmaceuticals (ASX: PAR). PAR is one of Australia’s most talked-about biotechs of 2019 and 2020 so far.
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