Has the Long-Awaited Rebound Started in the Bombed Out Fashion UK eCommerce Sector?
Has the long-awaited rebound started in the bombed out fashion eCommerce sector, or is this a dead cat bounce? ASOS just released a trading statement today with the following as a summary: Trading Statement – is the 4 months to 31 Dec 2022, of FY 8/2023. ASOS (ASC) – ASOS reported a 3% fall in revenue over the four months to the end of More...
2022 Chronicles: War, Layoffs, Meltdowns & Famous Deaths
This is a chronicle diary from Himanshu Patil – an active stocks and options trader for the year 2022. 1/4 – $SPX hit All Time Highs to $4818.62 & $AAPL hit All Time Highs to $182.94 1/6 – More...
Berkshire has Outperformed the S&P 500 39 Times Out of the Last 58 Years
Happy 99th Birthday to Charlie Munger Congrats to him and Warren Buffett for Berkshire Hathaway outperforming the S&P 500 by more than 20% in 2022 Berkshire has outperformed the S&P 500 39 times out of the More...
Money Printing and Dealing with Inflation! Where to Stop?
Now that Governments have discovered QE (money printing) do we really think they will put this tool back in the box & never use it again? I don’t. Nor does Fed Chairman Powell. As I’ve mentioned More...
ARKK: Are Some Investors Finally Losing Faith in Cathie Wood’s ARK?
The story of Cathie Wood and the ARKK fund would present a fascinating study of various types of cognitive bias. Everybody wants a story. It’s kryptonite for humanity. They just don’t stop believin’. She More...
Is Freedom of Choice Really an Illusion?
Do we really have a choice? 11 mega-conglomerates and the brands that they own. These companies — Nestlé, PepsiCo, Coca-Cola, Unilever, Danone, General Mills, Kellogg’s, Mars, Associated British Foods, More...
Retail Industry Getting Squeezed As Credit Insurers Take Fright!
by Paul Scott A recent Sunday Times article had worrying news in the business section, revealing that a leading trade credit insurance company, Atradius, has cut cover on AO World. It says this could lead to cashflow More...
Is Slowing Inflation Good News for Growth Stocks?
The Fed is slowing its rate hikes — but investors should hold their horses. The question now is how high rates will have to go before they start coming down again. Satori Fund founder Dan Niles told CNBC last More...
Historic Collapse in USA Jobs in April!
· U.S. nonfarm payrolls plummeted by 20.5m in April, largely erasing the 23m gain from the ten-year expansion. The Bureau of Labor Statistics’ (BLS) estimate of the unemployment rate jumped More...
Coronavirus: Facing the Third Wave
Mixed news: After initially missing the outbreak of COVID-19 in the Hubei region (wave one), China resorted to drastic measures in February. It has reportedly managed to arrest the surge in cases in Hubei and More...