Finance and markets

September market analysis

TESLA – daily

Tesla stock price

Tesla’s stock price generally fluctuates quite heavily; however the general price trend for Q2 2018 was upward. Interestingly, there was negative divergence identified in Aug 2018, where the price hit a new high, but the MACD oscillator was showing a negative trend. This indicator resulted in a sharp 26% price drop from 390 USD to about 290 USD in about 2 weeks. Musk’s announcement about taking the company private again and then the subsequent renouncement gave a short-term boost to the company market cap, but then resulted in an even sharper price drop to around 250-255 USD per share – the US DoJ is currently looking into potential market manipulation attempt. Continue reading “September market analysis” →

Economics and business

Ten years after the Global financial crisis

The main cause of the 2008 collapse was the immense build-up of debt, of course mixed up with some other ingredients to further fuel the catastrophic outcome. So many years after the crisis global debt continuous to grow in light of new borrowing parties joining the stage. In attempt to refinance and save financial institutions and key industry segments many governments offered numerous fiscal relief packages, which they were more often than not unable to fund through their public spending and/or current accounts due to budget and trading deficit. Continue reading “Ten years after the Global financial crisis” →