Week 03 of 2020, Consumers Lead the Way

Ciato 02 Overview 0320

We expect growth to slow in 2020 to just below the 10-year expansion average, with no catalysts such as tax cuts expected to reinvigorate growth. We expect consumers to fuel the economic expansion. In addition, interest rate cuts enacted last year should provide a modest support to the economy in the first half of 2020

Week 01 of 2020, make a New Year’s resolution to re-balance

[Ciato] - week 01 of 2020

Stocks finished the year up 32% in 2019, the best annual performance in half a decade, led by technology which returned 50% in 2019, more than double the sector’s five-year average1. Lower returns and more volatility are expected this year. So, if 2019 came and went without you refitting your portfolio to your risk tolerance, it may be time to make sure your allocation to equities reflects your comfort with the risks of a loss, or to make sure that you are not overinvested in any one sector or asset class. In a globally integrated world geopolitical risks tied to investing are impossible to avoid. S&P 500 firms make 38.3% of revenues overseas while small firms composing the Russell 1000 firms make 37.1% of revenues off US soil2. The greater risk for long-term investors, however, is to get off course from your overall investment strategy and letting short-lived events derail long-term results. To stay the course through the uncertainties of 2020 and beyond, work with us to develop a disciplined approach to investing that helps you achieve your long-term financial goals.

Week 51 of 2019, Happy 2019 (+54%)

[Tam thom 3] - week 51 of 2019

Happy 2019, our A.I made 54% passively, win rate this year increase to 77% on average. The A.I did not have any large draw-down this year and we survive huge event like Brexit (a few times), CHF, JPY crash.. etc

FXVNOL wish you and family a Merry X’mas & a Happy New year, let hope we will have a fruitful year of 2020.

Week 50 of 2019, a “phase one” trade deal

[Tam thom 3] - week 50 of 2019

U.S. stocks rallied to fresh record highs after some uncertainty was lifted around three issues that dominated the market narrative for most of 2019: trade, Brexit and Fed policy. U.S. and China reached a “phase one” trade deal, easing fears of further trade escalation. In the U.K., prime minister Boris Johnson received a strong mandate after his party won the majority in the general elections, which reduces some of the political uncertainty as the country negotiates its exit from the European Union. Lastly, the Federal Reserve (Fed) left interest rates unchanged last week, signaling a pause through 2020.

Week 49 of 2019, Optimism for Markets in December

[Tam thom 3] - week 49 of 2019

The market, in the first week of December, made a strong case for being optimistic that the bull market continues, with stocks rising 0.9% on Friday. What a difference a year makes! In contrast, the first week of December 2018 started off much rockier. Stocks slumped as a section of the yield curve inverted, unnerving investors with recession worries. Adding to market woes, last year the November jobs market missed expectations, and trade negotiations, which had been promising, started to unravel. That first week proved prescient – later that month stocks slid almost 20% to near bear-market territory.

Week 48 of 2019, Pound (GBP) Faces Significant Election Uncertainty

Overview 47 2019

Current polls show 10 point lead for the Conservatives however we need to remember a similar showing ahead of the 2017 election which ended with Theresa May losing her majority in Parliament. The focus on Brexit will also result in a breakdown in traditional voting lines, with many constituencies potentially switching hands due to the ideological differences over Brexit.

Week 47 of 2019, Market breadth

Overview 47 2019

Market breadth – The number of stocks participating in, and contributing to, the market’s strength (the “breadth” of the rally) has risen. Currently, 75% of S&P 500 companies’ stock prices are above their 200-day moving averages, reflecting steady moves higher. This is up from 50% in May of this year, when there were growing concerns of an approaching recession. This time last year (before the December sell-off), this measure was roughly 40%

Week 46 of 2019, Is the Market Too Calm

[Tam thom 3] - week 46 of 2019

While there is no shortage of drama these days, you haven’t found much of it in the stock market recently. Four new daily record highs were reached last week, bringing 2019’s total to 221. The market has marched steadily higher as volatility has crept lower. Seven percent of the S&P 500’s 24%1 rise in 2019 has come in the past six weeks, reflecting growing optimism from progress in the trade war, better-than-expected third-quarter corporate earnings announcements, and incoming data signaling that the U.S. and global economies are not careening toward recession. Meanwhile, fluctuations in the stock market have been quite low, with the VIX index (a measure of short-term volatility) falling near the lowest (most tranquil) levels of the year.