The Chinese economy is starting to show signs that it is rebounding better than other economies around the world. China was the first country that had to battle the COVID-19 virus. It would make sense that they are ahead of the curve in terms of the overall cycle in recovering as well. One company that […]
When you look at past technological developments — from the 19th century industrial revolution through the introduction of the telephone, personal computers, Internet, and smartphones — there is a typical pattern for adoption of new technology. Technological progress is increasing at an exponential rate. And the adoption of new technologies is also rising at an […]
We are in the middle of a global pandemic and one of the best weapons against the virus is cleaning surfaces with bleach. If we were to ask 100 people to name a company that makes bleach, I’m guessing at least 75% of the answers would be Clorox (CLX). Given the scenario of the global […]
Many investment advisors are beginning to recommend some exposure to Bitcoin (BTC) and some alternative (alt) coins, such as Ethereum (ETH). But the biggest hurdle for many analysts is how to evaluate BTC’s value. There are many valuation models for stocks, bonds, and commodities, but when it comes to a digital asset/currency like BTC, it […]
Bitcoin has been stronger than I had expected for the past week, partly for the same reason the stock market has shown renewed strength after its decline in September. The markets are beginning to predict a Joe Biden win and all the government money that will flow from the Democratic spending plans. The financial markets […]
Drug manufacturer Astrazeneca (AZN) is one of many companies working on a COVID-19 vaccine. The company announced on October 12 that the U.S. government has provided it with $486 million in funding to help with the production of its antibody vaccine. Astrazeneca’s AZD7442 is set to start Phase 3 trials in the next few weeks. […]
Up and up we go. Three weeks and one day from now we will have an election and the markets could not be happier. That’s not good news for the soon to be ex-president as Joe Biden has the biggest lead three weeks before an election than any candidate since 1936, with a 55% to […]
The American-Sino trade war initiated by President Trump in late 2017 was roiling the global economy long before the coronavirus pandemic struck. Between 2018 and 2019, the United States imposed tariffs on more than $550 billion worth of Chinese goods. China retaliated by imposing tariffs on $185 billion worth of American goods. Trump’s trade war […]
Rebalancing your portfolio is an important risk management habit. It avoids oversized exposures and preserves diversification. As the saying goes “no one goes bankrupt from taking profits.” Modern portfolio theory suggests that diversification reduces the volatility of a portfolio without reducing its expected return. This year, technology stocks have outpaced other sectors. The chart compares […]
Bitcoin has been coiling sideways since its early September decline. The relatively quiet five-week consolidation will likely be followed by a big move that could go either way. As depicted on my chart, I expect the big move to be to the downside but only to complete a larger a-b-c pullback pattern from the August […]
