The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Splice the crown weighs heavy on the kings head maybe moose just needs time out so he can re- energise and return to lead us through the next phase. Moose is the Godfather, cosa nostra!
After the Gamestop saga it is clear we are in a much different space moving into 2021, the whole markets have seen unusually high volatility as money is moving round faster than ever before. With the use of such platforms as Robinhood & T212 to name a few even nana can become the wolf of wall street overnight. Testing times and investors will need to be more patient then ever before or switch strategies and join the day traders.
And for that reason webba the SP will could in static mode for a very long time, it's the investors nightmare! Traders 1 investors 0.
https://www.ii.co.uk/analysis-commentary/stock-markets-hit-reverse-january-turns-sour-ii514925
Bristolian I have touched on this subject a few times it is being day traded heavily like ASOS what's more concerning it's coming in from institutions selling big buying big, it is possible we could stay in this cycle for many months and not much can be done about it. Boohoo has had a tsunami of great news lately to only see the SP drop. Of course wider global factors at play however not the main issue.
Some of the boohoo clan on here I see, ASOS gets battered by day trading even at institutional level, sideways movement since Aug 2020 not great. For that reason my investments stays with boo.
Unfortunately this is the Darwinian model survival of the fittest, fail to evolve and you become extinct. For those businesses and brand names inducted into the online world survival is all but guaranteed. What is now emerging is a clash of the titans the new order and boohoo is emerging as a powerful force with diversity being the weapon of choice. Boohoo without doubt will grow significantly and with it so will its value and profitability. Short term knocks yes long term success there to be had.
Wyndrum if business fundamentals are some finance speak BS as you put it what is your strategy for investment, Candles maybe or flags?
Wyndrum that's probably why I never invested of any of your examples.
Patterns candles flags RSI, all good however not 100% reliable. Business fundamentals and patience works well enough.
King Kong ding dong the guy with the ego ting tong makes no difference boohoo are not monkying around, this is gorilla warfare now.
More like a quote from king dong!
ASOS tanks on the opening bell!!
https://www.independent.co.uk/news/world/americas/elon-musk-short-sellers-gamestop-b1794444.html
Give us a clue Rag please give us a clue boo or asos, have we won????
https://www.proactiveinvestors.com.au/companies/amp/news/939686
Take a deep breath, a sea of red right across the board however it could be viewed as a necessary and healthy pull back. These pull backs potentially are useful in avoiding big bubbles and ultimately a more significant market sell off. Jan has highlighted the concerns globally and has reflected the unusual amount of volatility which is not going away soon. Get some cheap buys in if you can, a more important topic for consideration is the shorting saga and the manipulation of funds, I'm hoping Gameshop is the start of a much needed change in policy!! Watch this space.
Say no more!!
https://www.ft.com/content/4f76d769-4460-450f-9373-1e54f7da6c19
Phenomenal approach by small investors to challenge the wall street mob, via Reddit!! I think it's time to acquire a reddit account and influence our community to buy boo.
The world is in a dark place right now the bad news engine is firing on all cylinders, I expect a significant pull back in the majority of most markets, no surprises here we need to power through to spring when hopefully vaccine relief turns it all around. Volatility and a drop to be expected!