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Home2020May

Month: May 2020

Market Update May 14

May 14, 2020 Tony Chan At Turn, The Big Picture fibonacci, relative strength, retracement, scenarios

On March 22, almost a month ago, we discussed scenarios for the direction of the market, specifically the Dow Jones in the weeks to follow. At the time, the market was at maximum fear and volatility measures were spiking to all time highs. Because of the climatic nature of the sell off at the time, … Continue reading Market Update May 14

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Needs vs Wants

May 1, 2020 Tony Chan The Big Picture consumer discretionary, consumer staples

In line with the theme of the previous post, I am going to illustrate a thought process that anyone can employ. One of the hallmarks of a strong economy is the strength of the consumer sector, especially in what is labelled as 'consumer discretionary'.  This sector encompasses companies that sell consumables or luxuries, including such … Continue reading Needs vs Wants

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May Update

May 1, 2020May 2, 2020 Tony Chan The Big Picture big themes, manage risk, new technologies, new world reality

We are well past the initial bomb blast that hit the markets in mid February.  The panic selling that ensued was a function of an un-quantifiable outside force which hit the markets without much warning. Over the months, the nature of the threat has been identified and there are measures being taken globally to address … Continue reading May Update

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