Option Trading
The “Leave” campaign won an unexpectedly decisive majority in Thursday’s referendum on Britain’s EU membership. Almost immediately, “voices” within other EU members such as Netherlands, France, Austria, Finland and Hungary have hinted they could follow Britain by leaving the club. Less than 3 months ago, 61.6% of Dutch voters rejected an EU free trade deal […]
... written on Jun 26 2016Crude oil prices – both WTI and Brent – have breached US$50 a barrel, and that is good news to oil producers. West Texas Intermediate (WTI) crude futures for July were trading above US$51 per barrel for the first time since July 2015. So, what’s the big deal? Because a technical analysis shows the bull is […]
... written on Jun 09 2016Tim Cook has been jetting around the globe ever since the mighty Apple revealed its sales has finally stopped growing – for the first time in 13 years and after 51 consecutive quarters of doing so. He had just visited Beijing on Monday, talking to government officials about company matters as the company struggles to […]
... written on May 17 2016In the early Sunday, rumour mill was running at top speed announcing oil production freeze, before a meeting between OPEC and non-OPEC oil producers in Doha could even start. Everyone who stands to benefit from higher crude oil price was rejoicing. The rumour was started after a Russian news agency, Tass, leaked a draft agreement […]
... written on Apr 18 2016He’s worth a staggering US$24.5 billion (£17.23 billion; RM106.37 billion) based on Forbes’ estimation. He survived the Nazi-occupation of Hungary and fled the regime as a refugee for 15-years hence he has a soft spot for refugees currently flocking to the European Union. He worked as a railway porter and waiter in London before becoming […]
... written on Jan 22 2016Many think Germany is Europe’s hardest working country and Japan is the champion in Asia while Americans work the longest hour in both North and South America continents. After all, these countries are the wealthiest. Surprisingly, all three of them do not even qualify for the top-10 most hardworking countries on planet Earth. The […]
... written on Dec 29 2015Technical analysis says the U.S. stock market is about to melt, thanks to China. Unlike fundamental studies, investors who believe in technical studies have everything to worry because of “Death Cross”. It seems the epidemic of bearish “death cross” is spreading and affecting every single market segment, even to those supposedly insulated from foreign factors. […]
... written on Sep 02 2015Malaysian Ringgit has just hit another new high – RM4.2570 to one US dollar. Forget about what the specialists and experts say about the local currency. Didn’t someone tell you less than a month ago that ringgit is to trade between RM3.80 to RM4.10? Well, screw them because they know nuts about the actual financial […]
... written on Aug 24 2015Dow plunges 530.94 points on Friday. With more than 1,000-point drop this week, this was the largest weekly drop since Oct 10, 2008 for Dow. Crude oil prices briefly dropped below US$40 a barrel on Friday, the lowest seen since the financial crisis. The effect of devaluation of the Chinese Yuan has finally reached the […]
... written on Aug 23 2015Who would have thought Twitter’s quarterly earnings result could leaked, on its own platform? Twitter’s earnings for the first-quarter of the year was bad, but not as horrible as how it was leaked earlier than it’s supposed to be, when Selebrity, a company that provides financial intelligence service, tweeted the results at 3:07 p.m. ET, […]
... written on Apr 29 2015
