We are now coming to middle of July 2021 and there is still 2 weeks away from the Federal Borrowing limit expiry on 31st July 2021. As of current, the Democrats still have no clear plan on how to deal with the looming expiry. There are 3 options1. The first option would be to tuck …
Continue reading US Debt Default Update – the next crisis #debt #default
And so it has begun selling off for most of the value and cyclical stocks. In fact the selling off already started close to 4th July weekend starting with real estate and utilities stocks. I tend to think this is due to profit taking after all three major indices hit ATH (All time highs) several …
The markets are ranging currently as a generic trend this few days after $DJIA, S&P500 and NASDAQ maintain their relentless climb despite already reaching all time highs. However i am seeing some warning signs which may occur over the next few days
I consider it my first major milestone when 10 people start following my blog. Big shout out to my followers (11 of you so far). Thank you for following my blog! Kudos to those who have read (and liked) my blog consistently too
I came across an interesting article today. It is an article which highlights the next potential crisis for the US Government - the expiration of the Federal Borrowing Limit in End July. https://www.reuters.com/article/us-usa-treasury-yellen-idUSKCN2DZ2ET The August Recess runs from 30 July to 19 Sept in the House and 9 August to 10 Sept for the Senate. …
Continue reading US Debt Default – the next crisis #debt #default
20 June 2021 is Father's Day. I was touched on this day and wanted to spread the joy. It felt really good to be appreciated. Life is a never-ending cycle of balancing, holding onto your loved ones as well as shielding them from strong winds and dark clouds. Big Shoutout to all DADs - the …
Mister Market seems to have chosen to wear his short sighted glasses. Why do I say this ? After the FOMC announcement on the 16 June, there were two main information Fed retains the short term interest rate near 0%Fed marks two rate hikes in 2023, instead of 2024 The longer term view would be …
Continue reading Mister Market chooses to wear short sighted glasses? #rebalance #bubble #stocks
You might have seen the phrase Bubble Stocks used in my postings. So what exactly are bubble stocks ? Well, bubble stocks are stocks which are in a bubble (meh ^^). But the more interesting question is - how do we know that a stock is a bubble stock ? As a general rule of …
Continue reading What are Bubble Stocks? #bubble #stocks $TSLA
Today i picked up this interesting article from Seeking Alpha https://seekingalpha.com/news/3706243-palantir-technologies-and-snowflake-among-tech-companies-to-join-russell-3000-index-while-waitr-and-synchronoss-technology-to-leave Palantir will be added to Russell 3000 Index on 28 June. https://content.ftserussell.com/sites/default/files/russell_3000_index_additions_-_2021.pdf So what is the Russell 3000 Index ? The Russell 3000 Index is a market-capitalization-weighted equity index maintained by FTSE Russell that provides exposure to the entire U.S. stock market. The index tracks the performance of the 3,000 …
Hi readers, this is a special posting before the FOMC. From what i can see, Mr Market seems to be taking the position that the FOMC predictions and speech will be following the scripted tone of transitory inflation. This is in line with my earlier posting of not expecting any surprises. HOWEVER, if your portfolio …
Continue reading The Calm before the Storm ? Good to be contrarian this week #FOMC
