August 2020

Stocks to Watch as Increasing COVID-19 Numbers Dampen Market Sentiment

The markets are headed for a weak start this Tuesday. This follows news of a resurgence in COVID-19 numbers in the EU, the U. S and across the world. Already, Melbourne, Australia’s second-largest city is back in lockdown.  Another spike in COVID-19 cases could dampen hopes of a global economic reopening, and further, put a …

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SNAP stock

Stocks to Watch as Corporates Raise Estimates for Q3

It’s a good start for the markets today. According to data by Factset, big companies raised their Q3 estimates by 1.1% in July. Historically, companies usually cut their estimates at the start of the quarter, which makes the current move an exception.  Data shows that in the past 5-years, the average decline in bottom-up earnings …

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