If in 2019 you tried to do a black swan exercise to imagine the worst possible environment for the airline industry and Delta (DAL) I do not think it would have been this bad! This is a one in a 100-year event (Spanish flu 1918!) The airline industry has never been this devastated since commercial air travel began.
An expected return for the broader market should materialize, with value, real economy stocks set to catch up. 2020 saw tech stocks lead the rally with a lot of the broader market not fully participating, reflecting the struggling underlying real economy. But with near-limitless cheap credit, expect property and housing stocks to do well and associated stocks such as the construction sector.
According to our exclusive trading system we predict that USD JPY may extended its declines to the bottom pf demand area located at 102.710 – 102.845 so we added pending buy limit at 102.845 & 102.720 with SL at 101.00 and our main target located at 103.90 while short term and daily target located at 103.443
Between Debts, Zombies, Robots and Great Divides Covid-19 Has Changed the World Economy with no way back
Economic shocks like the coronavirus pandemic of 2020 solely arrive as soon as each and every few generations, and they deliver about everlasting and far-reaching change.
Ari Paul, a co-founder of BlockTower Capital and a former investment portfolio manager for the University of Chicago halt, wrote in an email: “As with any asset class, Individuals and institutions who own huge sums of these currencies can conspire together to manipulate their prices, and this manipulation has a major impact in the field of cryptocurrencies due to the modernity of their trading markets and the high risks associated with this type of assets.
“I think the number of these people is in the hundreds, and it is possible that they are communicating with each other, and most likely they have already done so,” said Kyle Samani, the managing partner at Multicoin Capital. .
On November 12, 2017, a person opened the door wide for discussion after conducting a transfer of nearly 25 thousand “Bitcoin”, valued at about $ 159 million, to an electronic platform, on November 12, 2017. If this guy intends to sell these digital currencies, he transferred it.
Yesterday we asked our clients to buy the US dollar index with targets around 90.60
The position closed at 90.29 while the US dollar index is currently heading to the bottom of the demand area as we may buy the US dollar index again.
Yesterday we published an analysis of trading the dollar against the yen as we asked clients to buy the dollar yen with targets around 103.60
The position was closed at the take profit level, while the pair continued its rise to 103.85 levels