US stocks set a new record, closing for the 5th week in a row

All three major indices of the US stock market set a new record at the close on Friday, with the S&P 500 closing the week for the fifth consecutive session, although investors were still skeptical about negotiations.

According to Reuters, concerns about progress on the trade talks table between the world’s two largest economies surfaced earlier in the day, when President Donald Trump said he had not agreed to withdraw the desired tariffs. of China.

Earlier on Thursday, both US and Chinese officials said the two sides agreed to gradually lift tariffs imposed on each other’s goods.

Tim Ghriskey, strategist at Invernss Counsel, said the market was volatile after Mr. Trump’s statement, but soon the indexes recovered.

“The feeling now is that we will see some kind of agreement before the end of the year,” Ghriskey said.

Firmly increasing is the main trend of US stocks in recent sessions, with new records continuously being established. The catalyst for this upward move, in addition to being optimistic about the war situation, was also the interest rate lowering action of the Federal Reserve (FED) and a series of figures that were better than the US economic forecast.

The VIX index measures the volatility of US stocks thus ending Friday’s session at its lowest level since July 24.

Walt Disney shares played an important push for the S&P 500 this session, with a 3.8% gain after the entertainment company announced better-than-expected business results.

At the close, the Dow Jones increased by 0.02%, reaching 27,681.24 points. The S&P 500 index increased by 0.26%, reaching 3,093.08 points. The Nasdaq index increased by 0.48%, reaching 8,475.31 points.

For the whole week, the S&P 500 increased by 0.8%, marking the fifth consecutive week of increases. Nasdaq increased 1.1%, marking the sixth consecutive week of increases. Dow Jones rose 1.2% for the week.

Positive third-quarter earnings report season is also another important factor behind this rising chain of US stocks. Of the 446 companies in the S&P 500 that have released their business results so far, about three-quarters have exceeded their forecast, according to Refinitiv data.

Technology shares also played a key role in Friday’s market, with Microsoft up 1.2%.

Gap shares, meanwhile, slumped 7.6% after the fashion retailer announced that CEO Pion Art Peck would resign, an unexpected departure as Gap is restructuring. In addition, the company also cut its profit forecast for the year.

On the NYSE, the number of gainers this session was 1.07 times the number of losers. On the Nasdaq, the corresponding rate is 1.13 times. A total of 6.59 billion shares were successfully transferred, compared to the average of 6.79 billion shares per session of the last 20 trading days.

World stocks rebounded after positive signals from US-China negotiations

European-American stocks rebounded on Oct. 9 after speculation that China was willing to come to a partial agreement with the US at trade talks taking place this week.

On Wall Street, Dow Jones industrial index increased by 0.7% to 26,346.01 points. The S&P 500 also increased by 0.9% to 2,919.40 points, while the Nasdaq Composite technology index advanced by 1% and closed at 7,903.74 points.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 9, 2018. REUTERS/Andrew Kelly

On the other side of the Atlantic, European stock markets are also racing.

Specifically, the FTSE 100 index in London (United Kingdom) increased by 0.3% to 7,166.5 points, the CAC 40 index in Paris (France) recorded an additional 0.8% and reached 5,499.14 points. The DAX 30 index on the Frankfurt floor (Germany) advanced 1% to 12,094.26 points.

The EUR STOXX 50 composite index also inched 0.9% and closed at 3,459.14 points.

In the previous 9/10 session, markets dropped sharply after the new US sanctions on 28 Chinese entities led to a backlash from Beijing.

This move has made the situation more tense before the high-level trade talks between the two countries began on October 10 in Washington.

However, markets on both sides of the Atlantic bounced back after reports emerged that a smaller scale deal was still within reach, as Beijing agreed to buy more American agricultural products. In exchange for Washington’s delay in implementing new tariff measures.

This information helped relieve some of investors’ insecurity when it was less than a week before the next US sanctions tax will take effect on October 15.

LBBW expert Karl Haeling said the hope rekindled even though everything seemed to be deadlocked before.

However, senior market analyst Craig Erlam at investment brokerage firm Oanda noted that the market has repeatedly misjudged the signals surrounding previous trade talks.

He said that investors were quick to respond very positively to the more optimistic outlook of the negotiations at this time. But there has been a lot of “jamming signal” surrounding previous talks and this may be just the same.

Investors Bet on Stock Market

Despite worries of the economic downturn, Wall Street investors still bet on the stock market, helping Wall Street reverse its rebound in Wednesday session (August 28).

Following the decline of Tuesday session, US stocks continued to open in the red on Wednesday as worries about economic recession and mixed statements of US-China senior leaders on trade negotiations. trade. However, very soon after that, Wall Street reversed its recovery thanks to financial and energy stocks.

Financial stocks rebounded to regain all of what was lost in the previous session, and information of US oil inventories decreased, helping crude oil prices rose 1.5% to support the rise of energy stocks. Another point, on Wednesday, the yield of 30-year US government bonds fell to a record low, lower than the average dividend yield of the S&P 500, causing investors to abandon bonds and pour money. back to stocks, despite fears of recession and the US holding the decision to increase taxes by 5% to $ 300 billion of Chinese goods from September 1 and December 15.

Next week, investors will look at monthly employment reports and manufacturing data that could guide expectations about another possible rate cut from the Federal Reserve System – Fed at its mid-September meeting.

At the end of August 28, the Dow Jones increased by 258.20 points (+ 1.00%) to 26,036.10 points. The S&P 500 index increased by 18.78 points (+ 0.65%), to 2,887.94 points. The Nasdaq Composite Index increased by 29.94 points (+ 0.38%), to 7,856.88 points

Meanwhile, on the European stock market, the opposite movement continued to take place in the fourth session, but the position reversed. While German and French stocks dropped because investors were worried about the global recession, British stocks increased again when Brexit was chaotic, causing the pound to drop, thereby supporting the stock market.

The worldwide sports monetary trade allows investors to buy groups like stocks

What could you say if we informed you that you may start to spend money on your favorite sports teams? At the same time as still in early ranges, the global sports monetary exchange (GSFE) is imparting investors and sports enthusiasts alike an possibility to place up actual coins behind their favored professional sports franchises.

Take a look at out AllSportsMarket.com to get began with the global sports activities monetary alternate. In this newsletter, we’ll outline how the global sports economic alternate works, why it’s so specific, and the way it’s some other interesting instance of ways enmeshed finance and sports activities having a bet are.

How Does the GSFE work?
The global sports monetary change is a charming blend of the fundamentals of the inventory marketplace and the concepts of futures bets. Ward and Nicholls aren’t huge sports activities bettors, and that they’ve made no public statements suggesting that they’ve ever dabbled with any sportsbooks. but, the similarities among investing in a team, and having a bet on them, aren’t as large as you might assume. if you want to examine extra about that, examine our article comparing the inventory marketplace and sports making a bet.

The essential principle behind the GSFE is that bettors “very own” a bit little bit of a sports team; via sinking money right into a group’s stocks, an investor certainly has a vested interest in a team.

The essential precept to preserve in thoughts approximately the worldwide sports economic trade is that it’s not a zero-sum recreation; you received’t outright win or outright lose any of your bets. rather, you’ll see increase and decline within the price of the stock you’re protecting.

Most customarily, a group’s win-loss ratio will dictate their quick-time period stock charge. factors a good way to have an effect on a crew’s stock charge are the long-run trades, how robust a crew’s draft is, and possession adjustments.

Business man with group of balls of different sports in hand at stadium

In light of any new information or maybe hunches, buyers can cross long or short on whichever teams they feel are poised for achievement and failure. if you assume the Vancouver Canucks are set to polish inside the destiny, you’ll need to buy inventory in them even as they’re inside the basement of the league. the mantra that every investor lives through is purchase low, promote high!

As with all market, your shares expenses may be suffering from many different factors, from a broader disintegrate of the marketplace to activities specifics to the group you’re preserving inventory in.

At the GSFE, traders can buy, sell, and quick shares of whichever group they preference. There are no regulations on this regard. In essence, buyers are trading in shares in their preferred teams, no special than if they were replacing shares in Apple. Exceptional of all, at the same time as the marketplace continues to be (extraordinarily) small, you don’t ought to pay very huge agents prices.

In fact, the consistent with Ward the GFSE is built upon ” the precise same structure that was used while the ny inventory trade first opened in 1817.” presently, there are over 614 particular shares to be had to purchase.

Every other exceptional feature particular to the GFSE is that on every occasion the crew they’re invested in wins, they’ll get hold of a small dividend.

In case you suppose that all of us can replicate this change, think once more. Ward and Nicholls have locked down 100s of patents, in over a hundred and forty one of a kind international locations. For now, their sports group inventory trade is secure from infringement. Similarly, the global sports activities monetary alternate works intently with the Securities change fee (SEC) to keep to expand their market. Working with a framework and thoroughly unique concept, Ward and Nicholls frequently collaborate with regulatory our bodies to perfect their market shape, and to make sure that their investor’s protection and safety.

Football festival, global stock market will fall points?

Trading volume fell sharply

During the 2010 World Cup held in South Africa, many matches were played at the same time as the trading hours of many stock markets around the world. According to ECB statistics, there are 15 large stock markets including: Germany, England, France, Italy, Spain, Denmark, Netherlands, America, South Africa, Argentina, etc., there are 3 points worth Note the following:

(1) In the market of some countries, for every game with a national team (such as England, France) participating, the average number of orders reduced by 45%, the volume of trading shares decreased by 55%. .

(2) The market is affected by the matches. Specifically, after a match, each country’s stock index fell an average of 5%. This reduction was statistically significant at lunchtime after the morning session, and many investors did not pay attention.

(3) The global stock market’s temperature is contrary to the World Cup matches, in more than 20% of the time the games are played, global stocks fall. Investors seem to be willing to spend more money on alcohol and popcorn than focus on price lists during this time.

Another 2007 study also showed that during the World Cup, a defeat of the national team could make that national stock market drop sharply the next day.

Slight increases in the stock market of the winning country

After the World Cup, markets with national teams that have won the championship have always gained points since 1974. The only external case for Brazil in 2002, the rest of those markets rose immediately after that to the average. 3.5% and maintained for 3 months.

The stock market of the losing country lost points

In the Goldman Sachs report, 7 out of 9 stock markets of the losers in the final also suffered a “sharp decline” with an average decrease of 5.6% in the following three months.

Another study, entitled ‘Love for Sport and Profit from Securities’, lists statistics from 1100 matches and stock market yields of 39 countries, showing that each team has a In the qualifying round, the country’s stock market fell 0.5% the next day.

There are no serious consequences for the value of stocks or the country’s economy, but simply the mood of investors affected. That’s why the World Cup defeats have more serious consequences than the European Championship or other sports such as baseball, basketball, cricket, rugby … Especially, the most serious impact in “crazy football” countries like Argentina, Brazil, England, France, Germany, Italy and Spain.

The US market is always down after every World Cup

A study by Israeli experts said the average post-World Cup US stock market plunged 2.6%, calculated over 14 of the last 15 World Cups. This may seem unusual, because Americans prefer rugby football. However, one-third of transactions on the US stock market are carried out by foreign investors. So after every World Cup round, with the number of national teams going up, there are some foreign investors sad.

Movements of stocks are very different on stock exchanges

Statistics on STMicroelectronics (STM) shares traded on Italian and French stock exchanges showed different up / down trends of this stock on both exchanges when impacted by football matches.

Normally, a firm’s stock will have the same direction of increase / decrease on international exchanges. However, in the 2-1 World Cup victory against South Africa, STM shares fell sharply every time South Africa scored but did not happen in the Italian market. Similarly, after Italy lost to Slovakia, STM slumped on the Milan stock exchange, but not in Paris.

Facebook plans to release GlobalCoin cryptocurrency in 2020

Facebook’s virtual money is expected to help users pay across borders safely and at a cheap cost without a bank account,.. .

According to BBC sources, Facebook plans to release its own cryptocurrency called GlobalCoin in the first quarter of 2020, after internal testing later this year. This cryptocurrency will be released in dozens of countries around the world, helping users to make payment transactions securely and at cheaper costs without having a bank account.

To be able to launch, this virtual money will need to overcome many technical and logical barriers. Last month, Facebook’s chief executive Mark Zuckerberg met with central bank governor Mark Carney to discuss the opportunities and risks of issuing virtual currency. Facebook also works with the US Treasury and money transfer companies like Western Union, to discuss legal and operational issues related to crypto.

Facebook plans to release cryptocurrency for the first time at the end of last year. Accordingly, Facebook will partner with banks and brokers to allow users to convert dollars and other legal currencies into virtual currency. ? Facebook is also negotiating with online providers to accept this virtual currency, in exchange for lower transaction costs.

In March, Barclays’ Internet analyst Ross Sandler forecast GlobalCoin cryptocurrency could bring in revenue of up to $ 19 billion by 2021 in Facebook.

GlobalCoin marks Facebook’s second attempt at virtual currency, nearly 10 years later, Facebook Credits – cryptocurrency allows users to buy products on the system of this social network. Facebook Credits was “killed” after only 2 years of operation due to the failure of liquidity.

However, to launch GlobalCoin, Facebook has many problems to be solved in the context of the scandal of user data and regulations from authorities in recent years. The question posed by officials is how Facebook’s cryptocurrency will work and how the company will protect its customers and their personal information.

Information about GlobalCoin helped price many cryptocurrencies on the market increased on 24/5. Bitcoin rose 5% in value, trading at about $ 7,960, Bitcoin Cash and Ethereum copper both rose 7%, and Litecoin increased 11%.

Playing Stock and Golf

Art

Considering the level of “addiction”, people can be absent from the stock market for a few days, but a week without a busy three-day golf course is annoying. Asking about the golfers (golfers), I discovered a more shocking thing: only a small number of stockholders played golf but most golfers played securities and were very successful.

A standard Swing (swinging ball) is a smooth swinging action like an artist pulling a violin. The golf ball will only go far and precise with a speed swing swing, the whole body is completely relaxed but no oscillation deviates from the spin axis as the spine and head. If you only hit the ball by hand, you cannot become a golfer, because the art of playing with the ball requires a combination of the whole body and the senses. If you also believe that playing securities is an art then surely the golfers agree. You get the best performance on the field when the spirit is completely refreshing. You have a very high chance of investing in stocks if you feel comfortable in winning and losing.


Passion and patience

Rainy sun is a story of heaven, golfers (golfers) can be likened to a form of ascetic monks with their love of grass. They are ready to apply on their skin … tons of anti-skin peeling creams and so on from 12 noon to 5:30 pm, it rains and so on or wait until they can continue. Do you believe that most golfers are willing to take their clubs out of the house from 5 am or skip lunch to run to the yard? It is also hard to imagine that a professional and successful investor is lazy to read newspapers and find information, or find out how business theories apply on the stock market.
Lack of passion, a golfer never even managed to pass 3 – 6 months of death just to practice 10,000 balls, three times that number with ballless swing. If you play golf for 20 years, you have to give this sport the patience to study like an outsider who learns the first swing, 20 years is still a repeating swing. Many equestrian investors see flowers, they become losers, do not have a strong stance, always run the herd and say a catchphrase: price as …. When they suffer losses, they blame securities for gambling and do not give themselves another chance to become a successful investor.

A golfer wrote this: My first blow hit the ground, far away from the ball, causing my hand to feel electrocuted. The next blow also caused my hand to hurt terribly and the golf ball flew to the side, startling everyone to look back at me, looking uncomfortable. I thought, “This game is too hard.” But then after 10, 15 or 20 subsequent shots, I hit the ball – and with a quieter sound than the sound of the Ferrari F430, the small white ball sprang up. In the air, it floated in mid-air and flew 160 yards and landed on the ground, bouncing lightly on the grass.

To win, you must at least finish your destination

A new golfer can completely hit the ball beyond 170 yards with a 7, the professional golfers only reach 145-150 yards. Typically, a golfer after 1 year will have a shot to the shorter distance they have achieved when they first started, but in return is more accurate and stable.

In an ecstatic minute, an amateur golfer can finish a hole with a standard stroke (PAR), even a hole in the hole (hole in one – something Tiger Wood hasn’t done yet) but is broken many other holes. However, golf is a marathon art, you can excel in one third of the journey and then let it dive into the water again, bogged in a sand pit or around in the bush. No professional golfer didn’t double three times before a real swing and there was no lack of focus for one move. Each stroke is carefully estimated about tactics, ball directions, club type, wind direction, ball position …

People still don’t say greed and fear is the number one enemy of those stock players. To become a serious and successful investor, you must always win yourself. Want to learn the art of making money through stock, why don’t you try to take the stick to the yard and start hoeing.