Buying stocks requires lots of careful consideration, or the entire activity wouldn’t be much different from gambling. Although the market may be volatile, with companies’ earnings getting affected by issues beyond their control (like the coronavirus pandemic and its aftermath), there are patterns in human behaviours and company operations that can guide you to make informed decisions on which stocks are worth investing in. We...Read More
I can only imagine how the Squid Game characters felt when they knew they had to kill or be killed to get the money. They must have felt cheated, like the entire game was a huge scam, except that it cost them their lives. This is exactly how people who bought the SQUID tokens must have felt after the anonymous developers of the coin suddenly...Read More
At Xavier McAllister Capital, this has always been a dilemma. As a trading company, we are still of the opinion that rule-based trading is still the best approach and has underlined how we plan our strategies and trades. Simply said, If the criteria is met, the trade is taken. If not, we don’t then don’t force or break a rule to meet a target as...Read More
Facebook makes the decision to change its name to Meta. In an African language, – Meta stands for “3”. Facebook’s decisions stem from an idea to have Facebook, Instagram, and WhatsApp all come under one umbrella just like when Google decided to name its parent company Alphabet. Economically, due to how Meta is connected to people and businesses, its development as well as updates to...Read More
The Organization of the Petroleum Exporting Countries (OPEC) has a new policy agreement that has increased the number of barrels of oil its member countries and allies (OPEC+) can produce per day. So, what does this mean for oil exporters? In April 2020, OPEC+ approved an oil production cut by 10 million barrels per day due to the low oil demand, an effect of the...Read More
