Some analysts believe a pullback in tech stocks is inevitable… and soon On Friday 2nd July 2020, the Nasdaq closed at an all time high of 14639 – up 121% since the Covid 19 low of 23rd March 2020. The broader S&P 500 and Dow have also closed at fresh record highs benefiting from bigRead More →
FOMO or greed call it what you like Are investors pushing stocks up too high and too fast? Will this likely lead to a pullback once the number of buyers grinds to a halt! U.S. stocks have extended gains this year, especially in the fourth quarter and investors expect theRead More →
Before Friday, U.S stock markets were still in a very bullish mood after stellar gains in 2019. After a recent number of positive data sets such as good employment, good company reports, revised GDP (up) and the Fed’s helping hand, markets remained extremely bullish. The FOMO brigade took over pushingRead More →
Markets in Shanghai and Hong Kong climbed Thursday after China announced that it will take further action to support its slowing economy. Japan’s Nikkei index futures climbed (Japan’s markets remain closed for the holidays until Monday). Germany’s DAX climbed in excess of 200 plus points. European stocks are up inRead More →