Market Journal
2020 started with overcast skies as COVID-19 rampaged across the globe, causing economic and social mayhem. Stock markets plunged, on a scale that exceeded that of the Great Depression1. With the longevity of the virus, many countries are experiencing wave after wave of outbreaks. National lockdowns and social distancing are now norms. Many key events…Read More
[This article was first published in The Edge on 13 November 2020] The suspension of the Ant Group’s IPO, which would have been the world’s largest, has pivoted investors’ attention to China’s new economy. In Hong Kong’s stock market, the China new economy is not new. In January 2018, the Hang Seng SCHK New Economy…Read More
Takeaways: All three US major indices hit their all-time highs in late November, before taking a breather as markets consolidated. Electronic vehicle (EV) makers continued to dominate as investors bet on their future. . Finally, some positive news on the vaccine front from Pfizer and Moderna, which announced better-than-expected drug efficacies. Here are November’s top…Read More
What to note: 6 key strengths of Airbnb: unique host community, engaged guest community, global brand, global network, custom-built platform, design-driven approach. 3 key risks: still loss-making, COVID-19 or similar disruptions, laws and regulations. Though struck by COVID-19 earlier in the year, Airbnb has rebounded to pre-pandemic levels as people sought unique experiences in short…Read More
At a glance: Volatility brings uncertainties to markets but also a window of opportunity to make returns. Market Streamer is a great tool to scan the market in real-time to take advantage of fluctuations when making investing moves. This tool provides three main information – Time and Sales, Intraday High/Low and 52-Week High/Low. Traders can…Read More
“History doesn’t repeat itself, but it does rhyme” Mark Twain Did you know that US small cap stocks are often perceived as a reliable economic barometer of US economic activity [1]? In the aftermath of an economic recession, small-cap stocks typically outperform large-cap stocks [2]. This may be due to several factors, such as investors’…Read More
At a glance With the launch of CareShield Life, Singaporeans now have improved long-term care coverage for life. Scope and type of coverage have improved from the previous scheme, ElderShield. Payouts are now higher and last a lifetime. Long-term care, however, costs more than S$2,000/month today and is likely to rise further. Singaporeans would do…Read More
What this report is about: 2020 has been an eventful year that has led to spikes in volatility. Two major triggers were COVID-19 and the US elections Volatility can be measured by VIX, average true range (ATR) and Bollinger Band What can cause further volatility? One is news flow on vaccine discoveries. Another event that…Read More
Are you adequately covered? How do you plan to ensure you have sufficient health coverage and not over-commit or under-commit? We share with you a simple formula for calculating your protection needs. True Story My colleague, who is in his prime of 40 years old, was hospitalised on 7 July 2020. Prior to that, he…Read More
At a glance: All three US major indices rebounded from their September sell-offs before closing lower towards end-October. Tech players continued to dominate trading in October. Tesla (TSLA.US) was still one of our clients’ top favourites. Amid daily resurgences of COVID-19 and US election vagaries, volatility has spilt into November. Here are October’s top 10…Read More
