Last week I received an email courtesy of the StockTwits newsletter with the headline ‘This Market Is Confusing Everyone’.
Apparently, because the market has fallen, gone up, and then fallen again (in the space of a few days) investors are totally confused and the market is ‘faking out everyone’. Read more »
Tuesday morning I sent out a tweet to say that we may have seen a top in the stock market. Today, the S&P 500 has just closed down by 1.20%, it’s biggest fall in over 100 days. Read more »
Yesterday’s US election result came as a shock to many people and I’m sure you will have strong feelings about it too.
Many observers took to social media to report their surprise and despair at the result. Read more »
I have not made it a habit to write many personal updates on this blog. After all, who really wants to read about what I had for dinner and what I got up to at the weekend? Well maybe you do. So here’s a quick round-up of what I’ve been up to. Read more »
As I predicted on Monday, the Federal Reserve kept interest rates on hold yesterday and this saw the US dollar drop against most of its major trading partners. The central bank cited low inflation and uncertainty abroad as the main reason to keep rates on hold and this has pushed market expectations for the first rate hike out to 2016. Read more »
Stock markets finished higher last week with the Dow Jones Industrial Average up just over 100 points and the benchmark indexes climbing around 2% in what was a shortened week thanks to the public holiday. This was one of the best weekly performances since March. Read more »
Well after four days of solid gains, stock markets finished in the red again yesterday as the price of crude oil collapsed, dropping 2.4%. I have to admit I didn’t see oil falling as much as it has done. I’ve always been somewhat of a perma-bull when it comes to energy and the dwindling global reserves of the black stuff.
Anyway, I only have one oil explorer in the portfolio so my other stocks will hopefully balance out the volatility. And I was pleased to see $PKG jump over 10% on Tuesday. Read more »