My Investing Muse

  My investing Muse Student loan suspension ends on 31 Aug 2023. Payment of the student loan resumes in September 2023. The total student loan stands at USD$1.757 trillion ~ USD$1,757,000,000,000. This was one of the items implemented as Covid19 containment and with repayment to resume, we can expect some troubles to follow. This is $1.757 trillion that stems from 45.3 million who owe an average of $28,950 per pax. Unfortunately, an estimated 10.8 million student loans are at risk of default. With an increase in the cost of living (from sticky inflation), this will doubtless add to the burden when repayment resumes in 3 months. However, there is an alarming 10.8 million loans facing default. This should add to the waves of financial turmoil in the market and the larger economy. screenshot from a CBS news  article  about the US hitting $1T credit card debt Will this plunge more into a debt crisis as America chalk up a record nearly $1 trillion of credit card debts? With th...

These are the anticipated earnings for the coming week starting 21 Mar 2022 There are a few notable earnings to look out for, namely $NKE, $PDD, $ADBE, $0700.HK and $NIO. NIO is one of the Chinese players in the EV space.  We are looking for a strong trend of growth and hopefully, there are able to make profits.  Their guidance will be important though there remain challenges in the supply chain and supplies.  The risen costs in commodities and energy have placed inflationary pressures on their overheads. Tencent remains one of my favourite companies in China.  They are one of the biggest game developers and capital allocators in the world.  Will their price continue to drop or will they buck the trend? Adobe has occupied a strong space in the advertising and media industry,  Though their prices have dropped of late, they do have competitive advantages in the market. Nike is one of the most popular sporting brands in the world.  As they pivoted with mo...

The week ended with a good rally in the US after the decline since the start of 2022.  Is this the bullish reversal that the market is looking for? S&P500 as per 19Mar2022 The technicals point to an uptrend as per the 1 Day chart above .  I remain optimistically cautious as we saw a death cross formed recently on 15 Mar 2022.  It would be good if this is the reversal of the market downtrend.  1 Day stochastic is pointing to a "pullback" soon as it approaches the overbought region.  Of course, the market can continue to move with stochastic ranging along the top "overbought region" for endured periods.   Performance by sectors as per market close 18Mar22 As per above, almost all sectors saw recovery except for utilities as investors turned away from "defensive" stocks in lieu of the "rally". Coming pullback and potential black swans The coming "pullback" would be an important indicator if the recent lows would be challenged.  There a...

On 26 Nov 2021, the global stock market took a hit due to concerns of a new Covid19 variant from Africa that was reported in South Africa, Europe, Japan & Hong Kong. WHO has named this variant “omicron". This has led to Dow dropping 900 points on Black Friday, the single biggest day drop this year. The good news reported was that this variant can be detected using PCR testing. Vaccine makers are already checking the effectiveness of their vaccine with   $Moderna, Inc.(MRNA)$  looking into variant-specific treatments/vaccines. The stock market did not take the news too well and the drop in price of crude oil was a clear sentiment about how this can affect the spending. With concerns, countries imposing lockdowns & limiting air travel, there has spooked the market, causing what is typically known as a " black swan event ". As per the supply and demand curve above (from Britannica), price (of stock) is the result of supply (quantity) and demand (buying & selling...