Monday, March 23, 2015
Sunday, March 22, 2015
Technically speaking it'll be very well possible that a march to $90 and beyond is feasible in the upcoming weeks. Facebook is one of the strongest trending funds on the stock market, and popular among various traders and investors for that reason. The average is nicely going up, and even the technical indicators confirm a positive trend on my screen. The overall market sentiment on Stocktwits (one of the valuable investment resources I use quite often to come to a trading decision), stands on 87% bullish!
Facebook's stock has potential, and there's definitely room for growth. I don't think Facebook is overbought, in fact triple digits are on my radar this year. If you are thinking about adding a tech stock to your portfolio, here's your chance to a solid stock. I personally substituted Apple (AAPL) with Facebook in my portfolio actually, due to the fact of Apple's horrible Apple watch, which is a very bad move in my opinion (too much competition/overpriced gimmick). I believe Facebook is fundamentally a bit stronger at the moment (and a little cheaper too). The technical side definitely confirms it.
Good luck trading!
+John van der Munnik
Thursday, March 5, 2015
Let's take a look at where the pair stands as of right now:
Monday, November 24, 2014
|Invest in China!|
There are various types of stocks available. For instance, A-shares are only available to Chinese traders and are traded with the Renminbi currency. Since 2002, these stocks are also available to a very limited number of foreign and institutional investors. Aside from that there are B-shares, intended for foreign investors. These are quoted in US dollars in Shanghai, and in Hong Kong dollars in Shenzhen. Then there are H-shares. These are the listed Chinese companies in Hong Kong. For the enthusiasts among us: N-shares are Chinese stocks listed in New York and L-shares are the ones in London.
Anyway, since November 17, China has opened its doors to foreign investors. Thanks to the Shanghai-Hong Kong stock exchange connection, the stock market of the Chinese mainland is within reach of non-Chinese for the first time ever! Investors can trade in Shanghai 560's listed stocks, with a maximum trading volume of 2 billion US dollars per day. It's seen as a first step of the liberalization of the Chinese market. According to Goldman Sachs, Chinese equities will soon become a staple.
Tuesday, November 4, 2014
Tuesday, October 7, 2014
All opinions expressed, trade recommendations/advice on this website are solely of John van der Munnik and are not affiliated with any investment firm or any other organization. You should not make an investment only based using this website VDM Trading for your trading needs without seeking help from your own financial advisor.