The world's 4th largest population has under 2,000 confirmed coronavirus cases. Yet the Indonesian rupiah has breached 16,000, a level not seen since the Asian financial crisis over 20 years ago.
This precarious rally came on the back of oil production cut talks, but the equity markets remain in a downtrend.
Jobs news will provide some data points, but we still have little idea of the extent of the economic damage that will occur.
This is a little bit of a 'look what we are all using,' without much of a 'what's their business model?'
CTXS provides workspace, networking, and professional services.
Given the current price pattern in the banks, I see no reason to rush to buy them at this point.
This advice is absolutely relevant in the current Covid-19 era.
One act by Luckin will call into question virtually every Chinese company listed on the NYSE and Nasdaq.
Time to review the charts and indicators.
My thoughts on the shares of DIS are this... Right here? I sit on my hands. Still, here's a trade idea.