Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Hold up, the ASX200 is only 4% off its all-time high

It has been a tough year for the stock market in 2022 with a war in Eastern Europe and record high inflation have dominating the news. Furthermore, the drop in growth assets has been spectacular. Bitcoin has capitulated by almost 77% and the once exuberant technology sector has suffered some of its worst losses in years, with the FANG stocks droppi...

December 2, 2022
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US equities mixed but hold post-Powell gains ahead of today’s NFP report

After Wednesday’s explosive up move on what was seen as dovish comments from Fed chair Jerome Powell, Thursdays US session was more of a consolidation ahead of today’s all-important NFP figure. Us indexes were mixed, with falling treasury yields favouring Tech and hurting banks , seeing the Nasdaq as the only index to eke out a gain for the ...

December 2, 2022
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Salesforce tops Q3 estimates, Co-CEO steps down

The world’s leading customer relationship management company Salesforce Inc. (NYSE: CRM) announced its latest financial results after the market close in the US on Wednesday. The company beat both revenue and earnings per share (EPS) estimates. Revenue reported at $7.84 billion (up by 14% year-over-year) vs. $7.827 billion expected. EPS ...

December 2, 2022
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How to use Arbitrage trading to increase profits

How to use Arbitrage trading to increase profits   Professionals in finance like to use hard to read and complicated language to make what they do much harder and more complicated than it sounds. However, when it comes to arbitrage, it is actually a relatively simple concept that can be used in trading, to develop an accurate system that...

December 1, 2022
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Bitcoin rockets after powerful spike

Bitcoin rockets powerful spike   Bitcoin’s price has seemingly spiked out of nowhere in what has been in one of its strongest moves in days. With Bitcoin’s price suffering from sector volatility, it and most other cryptocurrencies has seen an aggressive sell off. This current rise in price is threatening to test the upper resistance po...

November 30, 2022
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US stocks falter as yields rise ahead of Fed chairs Jerome Powell speech

After a positive lead from the APAC region on China re-opening optimism, US markets drifted lower as traders braced themselves for an expected hawkish Jerome Powell speech to be delivered midway through todays US session. The Dow Jones eked out a small gain while the more risk and interest rate sensitive Nasdaq was the underperformer, not helped...

November 30, 2022
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Intuit results exceed expectations

Intuit Inc. (NASDAQ: INTU) reported its latest financial results for the first quarter of fiscal 2023, which ended October 31, after the market close in the US on Tuesday. The US software company beat both revenue and earnings per share (EPS) estimates for the quarter. Intuit reported revenue of $2.597 billion (up by 29% year-over-year) vs. $...

November 30, 2022
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Will BlockFi be another FTX?

Not even one week after crypto exchange FTX officially filed for bankruptcy another Cryptocurrency entity has felt the wrath and submitted its own Chapter 11. The spread and contagion effect from FTX was always a concern and now cryptocurrency lender BlockFi has fallen. BlockFi had been struggling even prior to the FTX collapse. In fact, the com...

November 29, 2022
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US stocks tumble, USD rallies as Fed hawks and China protests sour risk appetite

Stocks were sold globally in Mondays session as risk appetite took a hit on civil unrest and increasing Covid cases in China dashing re-opening hopes. Adding to this was the reset of the “Fed Pivot” narrative with a quartet of Fed governors throwing cold water on that idea, re-iterating the Fed was in for the long haul in their quest to tame in...

November 29, 2022
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Pinduoduo tops revenue estimates for Q3 – the stock is rising

The Chinese e-commerce platform Pinduoduo Inc. (NASDAQ: PDD) announced its unaudited Q3 financial results on Monday. The company beat revenue estimates for the quarter, but fell short of earnings per share (EPS) estimates. Revenue reported at $4.991 billion (an increase of 65% year-over-year) vs. $4.315 billion estimate. EPS at $0.302 per ...

November 29, 2022
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Phillip Lowe apologises to the Australian Public over missed forecasts

Phillip Lowe, governor of the Reserve Bank of Australia, (RBA) has issued an apology to the Australian public in his most recent statement. Lowe specifically apologised for providing guidance in 2020 and 2021 that the official cash would only rise in 2024. Instead, rate rises began earlier this year and rises have occurred in 7 straight months. Dur...

November 28, 2022
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The Week Ahead – US employment and inflation figures take centre stage

After coming off a fairly quiet, US holiday shortened week, traders will have a plethora of scheduled news to digest as the market continues to swing from risk-on to risk-off as it tries to predict what the Federal Reserves next moves will be. Equity markets drifted up, the US dollar drifted down as a resilient US economy and a dovish Fed minute...

November 28, 2022
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Possible high return Swing Trade on USDCHF

The USDCHF has just reached a significant support zone providing a potential entry for a low-risk high return trade. In recent weeks the USD has an aggressive pulled back on the back of weaker then expected inflation figures. This has benefited the CHF and most other non-USD currencies as expectations of a potential pivot grow and money moves away ...

November 25, 2022
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What is an Economic Bubble and how to identify it?

  Economic Bubbles are highly damaging phenomena’s that occur in financial systems that can cause a great deal of loss and pain to investors and traders. It is important that traders can identify the signs of a Bubble to both capitalise on opportunities and protect against the risk they pose.     What is a Bubble? &n...

November 24, 2022
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US stocks continue rally on ugly PMI figures and dovish FOMC minutes

US indices finished another session up after a wild ride as the “bad news is good news” narrative saw a steep rally after disappointing services and manufacturing PMI’s were released, then sold off into the European close only to rally steeply again as what was considered dovish FOMC minutes were released late in the session. All major indice...

November 24, 2022
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