Tectono Business Review: VOLATILITY RETURNS WITH SURGE IN NEW COVID-19 CASES

Tuesday 16 June 2020

VOLATILITY RETURNS WITH SURGE IN NEW COVID-19 CASES

Hussein Sayed,

Chief Market Strategist at FXTM

Risk assets are being sold off sharply early Monday following last week’s return of volatility. After dropping below 24 in the first week of June, the CBOE’s VIX almost doubled on Friday, reaching a high of 44 before settling at 36.

Extra-smart #Nigerians are getting shares of the new #Lagos by acquiring #plots, acres and hectares of land at #Ibeju #Lekki . What are you waiting for? Click: http://www.tectono-business.com/2019/07/have-share-of-new-lagos-by-investing-in.html

The broad shift in mood was sudden on Thursday with US stocks experiencing their biggest declines since mid-March. The rally, driven by monetary and fiscal stimulus, suddenly appeared on shaky grounds as if investors realised they can no longer be detached much further from economic fundamentals. But once again, the surge in Covid-19 cases was to blame.

The road ahead is likely to be bumpy. There is no clarity on economic growth projections, earnings expectations and most importantly, the pandemic path. The resurgence of coronavirus cases in Beijing, parts of the US and Japan as economies further release their lockdowns is sparking fears of a second wave, and without a vaccine in hand, the second wave could be more threatening than the first.

Have you heard that #Landwey is giving out plots of land at #URBAN #PRIME TWO #ESTATE at #Abraham #Adesanya #Roundabout, #Ajah, #Lagos? You can get yours by clicking: http://www.tectono-business.com/2020/02/urban-prime-two-estate.html

At the time of writing, the Dow Jones Industrial Futures Index has plunged more than 800 points, indicating sharp losses for the first trading session of the week. The beneficiaries, as usual, have been the US dollar and the Japanese Yen along with US Treasuries. It seems investors are running for safety as the tranquility in markets has come to an end.

Fear of missing out or ‘FOMO’ could turn into regret aversion where investors prefer to stay out of markets, so it will be interesting to monitor sentiment in the days and weeks ahead. Cyclical sectors, especially Energy, Industrial and Financial stocks will be hit the most as they were the latest drivers of the equity rally.

Wow!!! Have you discovered where #CEOs and top #managers take their #vehicles to for body work, painting with #Sikkens #paint and #oven #baking? It’s GOF AUTOS LTD. For details, click: http://www.tectono-business.com/2017/06/gof-autos-limited-best-automobile.html

Traders will need to monitor the term ’second wave’ very closely as it may become the key driver for asset classes.

Are you aware that many #Nigerian #exporters have been defrauded in the process of #exporting their #products? To #export successfully and get paid, click: http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

Do you know that you will minimize the amount of #money you spend on #food items when we deliver the #foods items to you in bulk at reduced #price from our #farms? For details, click: http://www.tectono-business.com/2020/02/fresh-food-items-supply.html

Do you know what? Let #Tigerland #Technology #Services Ltd deliver world-class #BUILDING #MATERIALS to your #SITE at very #affordable #rates. For details, click: https://www.tectono-business.com/2020/06/let-tigerland-technology-services-ltd.html

Have you thought about having a 5-#Bedroom #Apartment with #Penthouse and Indoor #Swimming #Pool near Pan #Atlantic #University? For details, click: http://www.tectono-business.com/2019/08/have-you-thought-about-having-5-bedroom.html

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GOF AD

Do you know that the kind of #vehicle you drive goes a very long way in affecting your #image? Yes, your vehicle tells people, including your #prospective #clients, how #comfortable you are. #Comfort is directly proportional to #competence. Of course, if you are competent in what you do, you will be comfortable enough to afford at least a #brand #new vehicle. Have you ever wondered why #banks and other #financial #institutions give their #marketers brand new cars? Your level of comfort goes a long way in determining if your prospective clients will trust you. The reason why you have not won those contracts or deals could be because your prospective customers think that you are incompetent owing to how worn-out your car is. Yes, the onus is on you to acquire brand new cars. Top sales people buy new cars every year. Do you know what? That worn-out vehicle that you currently drive can look like a brand new one. We, at GOF AUTOS LIMITED can make it possible via total #body #work, #refurbishing, #priming, #painting with the best #paint in the #world called #SIKKENS #PAINT, #OVEN #BAKING with a world-class oven and #BUFFERING. #Blue-chip #companies, #CEOs and top #managers give us all their worn-out vehicles for body work. You, too, can enjoy our world-class services. For details about GOF Autos Limited, click: http://www.tectono-business.com/2017/06/gof-autos-limited-best-automobile.html

EXPORT

Hmmm!!! Folks, let us say the truth and shame the #devil. Many #Nigerian #non-oil products #exporters have been defrauded of huge amount of #money in the process of #exporting #agricultural #commodities and solid #minerals to #foreign #countries. Do you know why? They were not trained on #export #operations, #management, #documentations and the best methods of #payment in export #trade. This is terrible!!! Nigerians cannot continue to lose money to #foreigners in the course of export #business. Exporters, would you like to keep on being scammed? Why don’t you get a practical manual that explains the stages of export trade from processing and #packaging of commodities to receipt of payment by the foreign buyers? It explains export operations, export management, export documentations and methods of payment in export trade? Yes, it is a #contemporary step-by-step #guide to export trade. It tells all the contemporary dynamics in export trade. To get it, click on this link: http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

EXPORT

Fellow #Nigerians, are you aware that our #crude #oil will soon become useless? Yes, it will, in no distant time, become #valueless owing to the fact that the #countries that rely on it as their only source of #energy are developing more affordable #alternative sources of energy. When this finally happens, what will we do? How are we currently preparing for this imminent #economic doom? Which other sector will continue to stabilize our economy? Nigerians, the only #solution is developing the #agricultural sector. In fact, this is the only #solution. Very soon, the major source of revenue will become agriculture and #agro-exports. How are you positioning yourself to play big in agro-export #business? Why don’t you get a practical manual that explains the stages of export trade from #processing and #packaging of #commodities to receipt of #payment by the #foreign buyers? Yes, arm yourself with the #contemporary #trends in #export #trade. This manual explains export #operations, export #management, export #documentations and methods of #payment in export trade? Yes, it is a contemporary step-by-step guide to export trade. It tells all the contemporary dynamics in export trade. To get it, click on this link: http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

IBEJU-LEKKI PLOTS OF LAND

Extra-smart #people deserve extra-smart #investment in #landed #properties at the new #Lagos, otherwise known as #Ibeju #Lekki. This is where great #developmental #projects are currently going on and in the next two years, it will surpass #Lekki Phase 1 Estate. Are you aware that #Lekki #Port will commence full operations in 2022? This implies #port #operations and #development are shifting from #Apapa to Ibeju-Lekki. Any plot of land you buy in Ibeju-Lekki now will appreciate by excess of 200% in 2022. Other notable attraction here include: Lekki #Free #Trade #Zone, #Dangote #Refineries, Eleko #Beach, Lekki, New #Epe #International #Airport, #Eleganza #Industrial #Estate, Pan #Atlantic #University etc. If you have not invested heavily in landed properties, you have not landed. Acquire genuine plots and hectares of land free from government encumbrance in our estates at Ibeju-Lekki. For details, click: http://www.tectono-business.com/2019/07/have-share-of-new-lagos-by-investing-in.html

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Tuesday 16 June 2020

VOLATILITY RETURNS WITH SURGE IN NEW COVID-19 CASES

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