Micron Technology: weakness ahead, but is it already in the price?

Micron’s earnings report last week seemed to confirm the market's fears. The bullwhip effect is reverberating right along the supply chain, and excess inventory isn’t just sitting in big box retail warehouses.

• Amazon rescues the Nasdaq!

  • Skilling Writers Team
  • 2022-02-04
  • • Finance
    • News
    • Trading

  The Nasdaq was having a terrible time yesterday. Weighed down by Facebook’s awful results and subsequent performance, the tech index posted it’s worst day in over a year.

• Facebook (Meta) plummets on earnings disappointment

  • 2022-02-03
  • • News

  Facebook (Meta) shares were decimated on Wednesday night after reporting weak earnings and laying out a mountain of challenges ahead. While some of the more obviously speculative names have been returned to value by the market, this is the first tech titan to really face the market's wrath.

• Australian Dollar to rally further?

  • Skilling Writers Team
  • 2022-02-03
  • • Finance
    • News
    • Trading

  The Aussie’s had a tough time of it over the past year. The AUD peaked in February 2021, before a combination of a strong USD, Covid policy difficulties, and fears that China’s property bust would destroy the commodity demand (that Australia’s economy benefits from) have weighed the Aussie down.

• Volvo drops on dividend disappointment

  • Skilling Writers Team
  • 2022-02-01
  • • News
    • Finance

  Away from the rocket-launching adventures of Elon’s Tesla, there’s a whole other world of car (and truck) companies quietly pushing ahead with their own electric-vehicle innovations.

• Bank of England silent ahead of rate hikes

  • Skilling Writers Team
  • 2022-02-01
  • • Finance
    • News
    • Trading

  The Bank of England’s had a strained relationship with investors over the past few months. GBP has struggled for meaningful direction against volatile forecasts for the global economy and some messy guidance from the Bank of England hasn’t helped.