Timeline – Jackson Wong

Jackson Wong posted an update
3 months, 1 week ago
From a Covid Winner to the most shorted stock in S&P

One recent news caught my attention. Moderna (MRNA), the covid vaccine maker, is currently the most shorted stock in the S&P.

Its stock price, naturally, is under immense pressure; and hit new 52-week lows last week.

Why are the bears targeting the biotech company? In the last quarter, M…[Read more]
Reacted by Darren Sinden
Jackson Wong posted an update
3 months, 1 week ago

Where’s the support for Bitcoin?

The past month or so was utterly dismal for the king of crypto assets. Prices have literally crashed through one support after another.

At $83K, there is a big floor on the chart still to be tested. That’s the April low of $74.5.

Why is this level important? Because that’s the previous peak of the 2023-…[Read more]
Jackson Wong posted an update
3 months, 1 week ago

India’s Sensex outshines rival stock markets.

While many markets and sectors – crypto in particular – are mired in frightening downtrends, India is bucking the gloom and doom.

Sensex hit new all-time high this week. In particular, the 30-stock equity index edged above the previous high set last year at 85.6K.

High-flying stocks like Bharti A…[Read more]
Jackson Wong replied to the topic Can The FTSE 100 Reach 10,000? in the forum Indices
3 months, 2 weeks ago

Many good points made by Sheldon and Darren.

Will FTSE 100 hit 10,000? Chances are high – but not 100 percent – that the UK large-cap index will hit that five-digit mark sometime next year.

The more important question, though, is this: Will it stay there?

Chartwise, the index is in a strong position. The upside breakout this year is the first…[Read more]
Jackson Wong posted an update
3 months, 2 weeks ago

BoE to cut rates as inflation drops. Will this boost FTSE 100?

UK inflation readings today show October CPI dropped to 3.6 percent. (CPIH was 3.8%)

This figure, whilst still above the central bank’s 2 percent target, may bring a dose of relief to the Treasury. Chances of a rate cut next month are now quite likely.

25 basis points is the e…[Read more]
Jackson Wong posted an update
3 months, 2 weeks ago
Is the AI boom about to implode?

The warnings are coming in fast and furious.

Yesterday the CEO of Klarna (KLAR), Sebastian Siemiatkowski, is reported to be ‘nervous’ about the gigantic scale of investments made by AI companies.

Today, the CEO of Google (GOOG), Sundar Pichai, also voiced his worry about the presence of some ‘ir…[Read more]
Reacted by Richard Berry
Jackson Wong posted an update
3 months, 2 weeks ago

Is Strategy’s (NASD: MSTR) decline overdone?

Since prices peaked at $450 in July this year, Strategy’s shares have collapsed by a whopping 55 percent. Last week, the Bitcoin-focussed company even slipped beneath the key psychological $200 support.

Coinciding with Strategy’s persistent decline was the rumour that the firm is starting to dump i…[Read more]
Jackson Wong replied to the topic Will Lloyds Shares Reach £1 in 2025? in the forum UK Shares
3 months, 2 weeks ago
For all practical purposes, Lloyds’ share price has “reached” £1 this year.

A quick glance at its daily share price shows intra-day peaks this week of 96p (95.86p to be exact). Yes, we may not have traded at £1, but that’s close enough – close enough for many profit takers to slam in sell orders on the last trading day of the week (Friday 14 N…[Read more]
Reacted by Richard Berry
Jackson Wong's profile was updated
3 months, 3 weeks ago

Jackson Wong

@jackson
Jackson Wong started the topic Is now a good time to buy gilts as an investment? in the forum Fixed Income
6 months ago

UK 10-Year gilt yield towers over other major economies
Bond vigilantes are back. Not in Trump’s America (yet), but here in London. They are lurking in the shadows of the gilt market.

Over the past few quarters, the 10-year gilt yield (interest rates on UK government bonds) had traded firmly above 4 percent. The series of up and downs…[Read more]
Jackson Wong started the topic Are Aston Martin shares a good investment? in the forum UK Shares
2 years ago

Aston Martin Lagonda is one of the most luxurious car companies in the world. However, a world-class brand does not necessarily translate into revenue and profit growth. In this analysis, we explore if Aston Martin is a good company to invest in.

Since AML’s listing back in 2018, the share price has endured a lengthy bear market. Unlike many…[Read more]
Jackson Wong started the topic Is Bitcoin dead? in the forum Cryptocurrency
1824 years, 8 months ago

Since 2021, the crypto market has been mired in a bear market (crypto winter). Is this industry about to go into a deep freeze or are we looking at a potential recovery later this year? This guide takes an in-depth look at what is in store for the crypto market is dead and if it can recover.

Is crypto trading dead?

“Crypto is dead in…[Read more]

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