Just consider the back-testing period for instance. The average return on the top 5% of trades was 191% — these are the stocks with the biggest impact on returns. As the principle says: A small portion of inputs creates the greatest output.
The Australian Bureau of Statistics (ABS) says the top 20% of households have a median net wealth of $1,285,600, while the median for the next 80% is $378,600 — a ratio of 68:32. The top 20% has its own hierarchy. At the apex is the ultra-wealthy 0.4%, with a net wealth of more than $10 million.
Snapchat [NYSE:SNAP] has had the slowest user growth it’s ever experienced as its shares drop by 3.01%. They went through a new redesign which many users did not favour. Snapchat struggled to attract new users to its platform, which resulted in the app having a hard time keeping up with its figures from last quarter.
REA Group Ltd [ASX:REA] is a multinational digital advertising business specialising in property. Founded in 1995, REA operates the residential and commercial property websites, realestate.com.au and realcommercial.com.au. REA’s share price is up 5.26% for the day.
After Facebook’s recent controversies with privacy and data harvesting and founder Mark Zuckerberg facing questioning by the US Congress, Facebook [NYSE:FB] has been in hardship. However, the huge social media platform has managed to come out the other end, as its shares have risen since the drama. Today its shares grew by 2.09%.
Silver Lake is a gold producing company with resources in Western Australia. Silver Lake Resources Limited [ASX:SLR] shares are currently trading at 60 cents, up from 58 cents yesterday.
Kogan.com Limited is a portfolio of retail and services businesses that covers a wide range of everyday needs for customers. Today, their share price increased by 5.07%. Find out why here...
At the time of writing, shares of Gage Roads Brewing Ltd [ASX:GRB] are up by 32.39%. Today it’s trading for 9.4 cents. What caused the share price jump?
We’ve been preparing for life in a bear market for some time. By this I mean giving ourselves every chance of making some money while also recognising the downside risks of a market potentially transitioning from bull to bear. How is this transition looking now?
Blue Sky Limited shares are currently trading at $4.08, the lowest price for the company in almost three years. Blue Sky’s share price has dropped a total of over 64% in the past month alone, from $11.43 on 27 March.