the vix is rising as the stock market rising ( normally the vix rises and the market falls ) suggesting to me the moves to upside may get larger
Printable View
the vix is rising as the stock market rising ( normally the vix rises and the market falls ) suggesting to me the moves to upside may get larger
Interesting article with different perspectives to current share market scenario...Lister Vs Hawes
https://www.interest.co.nz/personal-...xposure-shares
What's unique this time it seems is the millennials buying Tesla are using their share purchases like votes. They have collectively decided Tesla should/will be the future and will pay good money to enable it to happen...."Here's our money Elon, now take over and dominate". The ones I've spoken to see it almost a s a moral duty, returns and EPS etc be damned. The new democracy.
It is the same in New Zealand with millennials buying AIR & THL, good iconic New Zealand companies, to support them, but as Martin Hawes said in the previous article “shareholders benefit from high share prices, not the company as such.” Buying shares in AIR is not the same as buying airline tickets – it doesn’t create revenue.
this is what ORR say yesterday at speaking ingagement
RBNZ Governor Orr: Actively preparing a package of additional monetary policy tools to use if needed
Key comments
- Says have been effective in lowering interest rates across the board.
- Says actively preparing a package of additional monetary policy tools to use if needed.
- Says options include negative wholesale interest rates, further QE, direct lending to banks, and ongoing forward guidance about our intentions.
- Says need banks to use risk models, capital, liquidity headroom to support customers’ best long-term interests.
https://www.fxstreet.com/news/rbnz-g...d-202009020034
If you want it from the source .
https://www.rbnz.govt.nz/research-an...eech2020-09-02
leading on from what jonny the horse was mentioning we getting a bit of a fall to takes the rsi back under 70 on US markets unsurprising tech is falling the most , energy , financials and utilities doing the best probably that rotation the other day was smart money moving out of tech
Robinhood faces SEC investigation over deals with high-speed traders
that it took payments from high-speed trading firms for sending them customers’ orders to buy or sell stocks or options, the people said. The practice, known as payment for order flow, is a common — if controversial — way for retail brokerages to execute client trades. Critics say payment for order flow creates a conflict of interest for the broker that sells the orders. The practice has raised suspicions that it could lead to sophisticated traders exploiting mom-and-pop investors, although brokers and traders say such concerns are baseless.
https://www.marketwatch.com/story/robinhood-faces-sec-investigation-over-deals-with-high-speed-traders-2020-09-02?mod=home-page
dont some brokers in NZ do this order flow stuff?