Summer months tend to be a weaker time for many stocks, however, Illumina does see some marginal seasonal gains over the summer months. The seasonal pattern Illumina over the summer has seen an average of 2.24% return over the last…
The euro has seen further weakness so far this week as growing fears emerge over a slowing global economy, Stagflation, growth, and inflation fears all combined to send the USD higher and that weakens the EURUSD. Furthermore, the last PMI…
How have the latest COVID-19 restrictions impacted demand for Nike gear in China? Will the lifting of restrictions and the warmer summer months give reason for optimism regarding Nike’s share prices? Nike shares tend to have a strong summer. Will…
Tesla’s share prices have had their worst ever half year results with a drop of over 30%. Supply chain issues, higher raw material costs, and worries over a global recession have all been weighing on Tesla’s stock prices over the…
The EUR has reasons for weakness after the last batch of PMI data points released on the 23rd of June. The German June PMI flash readings came in below the market’s minimum expectations as did the Eurozone’s composite and services…
The BoJ has been expected to end their yield curve control for some time now as one of the only central banks to still maintain a very loose monetary policy. The SNB acted last week and surprised both Short Term…
PepsiCo tends to have a strong seasonal pattern due to demand for soft drinks during the hot summer months. Furthermore, even if the US heads into a recession soft drinks tend to fare well as consumer staples since most people…
Expectations are for the Fed to hike by 50bps at their meeting next week and then to signal another 50 bps hike. Jerome Powell has said that the neutral rates (at 2.4%) is the right level for rates by year…
Elon Musk is the charismatic CEO of Tesla and he has been sending out some mixed messages recently. Last Saturday Mr Musk tweeted that Tesla’s total workforce will increase over the next 12 months and the salaried levels would remain…
Crude oil has gained to start the week as Saudi Arabia demonstrated its confidence in oil demand with a larger than expected price increase in Asia. Saudi Aramco increased its prices to Asia for July by raising its light crude…
