“You can check out any time you like, but you can never leave.”
That seems the way bots have programmed markets to suit their needs, but that doesn’t make market action any less bizarre or Orwellian. Just sayin’…
It may be a blessing for bulls to see a sell-off in stocks to put a dent in the severe overbought conditions we’ve been posting for the past few trading days. On the one hand bulls can get values back to more reasonable levels given other considerations (weak economic and earnings data) while bears can start to make their case again the rally is based on a rise in crude oil prices only and little else. Even today, the IMF has warned the global economy is “..clearly at a delicate juncture, where risk of economic derailment has grown.” As to the latter, it’s been whispered that banks are buying crude oil and energy stocks to protect themselves from massive collateral failures in debt they’re exposed to. I don’t know if that’s true but it makes some sense. And, it’s not just U.S. banks with this exposure, so too are international banks, funds and many others.
Stocks fell sharply at the open then rallied once Europe closed again and trading bots rushed in to defend their long positions. By the end of the trading day stocks, commodities (oil in particular) fell after making back some the large portion of early losses.
Below is the heat map from Finviz reflecting those ETF market sectors moving higher (green) and falling (red). Dependent on the day (green) may mean leveraged inverse or leveraged short (red).
In less than four months, the biggest football tournament will take place in Qatar. The FIFA World Cup, or simply called the World Cup, will see a battle between 32 countries this time around to take home the coveted trophy. As the tournament is held only once every four years, football fever is so strong that even non-fans will find it hard to ignore the excitement.
Various sports betting sites have already listed the odds, picks, groups and draw for each country. Taking the time to analyse and compare the many odds and opinions will leave you inconclusive. It is then easy to fall into the mistake of making risky investments at the hands of bookmakers and manipulators. Many tend to go with the crowd favourite, which are typically the nations that are strong in football. However, you must remember that sportsmen, like anyone else, are susceptible to pressure especially when all of the world’s eyes are on them. In the past, there has been several instances when countries that have been touted to win the World Cup sprung a disappointing surprise in the finals.
A smart investor should explore more angles instead of following the crowd. Identify the underdogs, check out their track record but never dismiss them, and evaluate their potential to emerge as dark horses. With the World Cup still months away, there is ample time to start your homework now so that you get to reap great returns from this opportunity that comes only every four years. Once you have identified your strategy, World Cup Livestream will be your best companion when the World Cup matches commence in November.
As the Covid-19 pandemic wrecked havoc in many investors’ incomes and investments, sports betting and online gaming have gained popularity as an alternative form of investment. These are relatively simpler investments that even beginners can pick up easily through reliable and trusted websites such as PG Slot. Similarly, there are already many such websites related to World Cup betting, so take full advantage of them, coupled with a contrarian investment attitude, to reap the most out of this edition.