Stock market crash part 2: why it could already be over and what I’d do right now

first_img Our 6 ‘Best Buys Now’ Shares See all posts by Kevin Godbold I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. With the stock market crash of the spring still in investors’ minds, many have wondered if we are about to see a second big plunge. And shares slipped back a fair bit last week. Yet so far, we haven’t seen a retreat on the scale of the spring reversal.But there’s been a lot to worry about, such as the resurgence of Covid-19 infections, further lockdowns, the US presidential election and the ongoing Brexit free trade agreement negotiations with the EU. However, there are some powerful reasons to believe we could already have seen the worst of any second stock market crash in 2020.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Why a second big stock market crash may not happenIndeed, from where we are now, the flow of news could start to improve. For example, the removal of the uncertainty of the US election is imminent with the voting happening today. And the Brexit free trade agreement outcome will likely be known soon. Meanwhile, the recent measures taken by governments to curb the spread of Covid-19 will probably work quite well. And the graphs showing rates of infection growth could begin to curl over – perhaps that process has already started.I think there are some clues in the markets suggesting a positive move ahead. For example, the CBOE Volatility Index (VIX) is a measure of price fluctuations expected in the S&P 500 index in America. Investors often jokingly refer to the VIX as the fear index. And the predictive nature of the VIX makes it a measure of implied volatility looking about 30 days ahead.So, it works as a rough measure of investor sentiment, and some people use it as a leading indicator. And right now, the interesting thing is the VIX seems to be declining from a peak, suggesting we could see less volatility ahead. Indeed, when the VIX hits its peaks, the general stock market has usually hit its troughs. So, we could see rising share prices ahead.I’d buy cheap shares right nowAnd I think the recent movements in bank shares support that probability. Indeed, banks can work as leading indicators too. I read the investing books published by Peter Lynch and David Dreman and learned that bank shares can be among the first cyclical shares into and out of recessions and downturns. So, I’m encouraged by the strength we’re seeing in stocks such as Lloyds, NatWest, Barclays and HSBC. Indeed, they’ve been surprising the market recently with higher-than-expected earnings.I reckon it’s possible we could be nearer to the beginning of a bull market than we are to a stock market crash. So, I’d use the current window of opportunity — while many shares are depressed — to pick quality stocks for my long-term portfolio.And one approach could be to research cyclical shares that could resurge in a new bull market, such as Aviva, Bellway and Norcros. I’d also consider defensive stocks that can suffer from valuation cycles, such as GlaxoSmithKline, Smith & Nephew and British American Tobacco. Indeed, many shares look like they are out of favour with investors right now and could be selling cheap. Image source: Getty Images “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img Stock market crash part 2: why it could already be over and what I’d do right now Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Kevin Godbold has no position in any share mentioned. The Motley Fool UK has recommended Barclays, GlaxoSmithKline, HSBC Holdings, Lloyds Banking Group, and Norcros. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Kevin Godbold | Tuesday, 3rd November, 2020 Enter Your Email Address Simply click below to discover how you can take advantage of this.last_img read more

Norwich boss Alex Neil keen to pit his wits against Arsene Wenger

first_img At 34, the Scot is the youngest of the head coaches in the top flight, his star swiftly on the rise after guiding the Canaries to promotion via the play-offs at Wembley having only been appointed in January. Neil, though, is the first to admit a maiden campaign among the elite of English football has been a steep learning curve. After a positive start, Norwich have lost five from the last six league matches as they edge ever closer to the relegation zone. Nevertheless, the former Hamilton player-manager cannot wait to go up against Wenger, the 66-year-old who has transformed Arsenal since arriving at the club in September 1996 – when Neil was still an apprentice at first club Airdrie. “Arsene Wenger is extremely experienced, he has been there, seen it and done it, but in terms of using modern methods and techniques Arsenal would be one of the pioneers of that and trying to take the game forward,” said Neil. “In terms of his style and how he does things, he is very up-to-date. “The reason he is regarded as one of the best-ever managers who has been in the game is that ability to keep turning teams around over a number of years and still be successful and challenging at the top end, yet keep that philosophy and build on it and grow. “It is a tough task for us on Sunday, but one I am looking forward to and so are the players.” Neil hopes he can enjoy as long a coaching career as Wenger, and produce teams who are capable of such impressive displays. “It is not even the longevity that I admire. It is the way his teams play, it is fantastic to watch as a football fan,” Neil said. Rookie Norwich boss Alex Neil accepts he will have to think of something different to get the better of Arsene Wenger when the Barclays Premier League’s longest-serving manager brings his side to Carrow Road on Sunday. Press Association “You want to see teams be expressive and expansive and open the game up to entertain. I don’t think there is any better than Arsenal.” Neil has adopted a more pragmatic approach in recent away games against the likes of Manchester City and Chelsea, while also grinding out a 1-0 win over Swansea in the last home match at Carrow Road. The Norwich manager knows it will need just the right game plan to both nullify the Gunners’ potent attacking threat while also remaining positive if they are to get anything out of Sunday’s televised encounter. “Arsenal are probably one of the most difficult teams in terms of figuring out how to come up against, certainly out of the ones I have looked at so far,” Neil said on Canaries TV. “It is about trying to make sure we curtail them as much as we possibly can, but also to try and expose the weaknesses that they have got. “It will be a really good test for us, but we have been working on a few things and hopefully we can put it into a plan.” last_img read more

Zenith Bank WBL: Dolphins Crush IGP Queens

first_imgZenith Bank Women Basketball League defending champions, Dolphins opened their Final Eight campaign on a winning note at the weekend when they defeated hard-fighting Delta Force of Asaba 83-65.To show their seriousness in not letting the title slip, Dolphins also went ahead to defeat IGP Queens yesterday to set up today’s match-up against Plateau Rocks of Jos.Speaking after their second victory yesterday, Coach of Dolphins, Ochuko Okworogun, said the team’s mission is to defend the title they won last year hence they are taking every match one at a time. “We are not actually focusing on any particular team since none of the teams here is a push over. More so, when it is obvious that Dolphins is the target of all teams as the defending champions, we need to up our game,” she noted.In some of the other matches played so far, the Nigeria Customs out-dunked AHIP Queens of Kano 68-44 while former champions First Bank defeated Benue Princess. Plateau Rocks lost 37-45 to IGP Queens.Captain of  Plateau Rocks, Gloria Umeh, blamed her team’s loss to fatigue haven travelled a long distance before arriving Lagos for the games for the play-off.“We travelled long way from Jos and arrived late hence we did not have enough rest before facing the Police ladies. We hope to make it up in the remaining matches,” she noted. But her opposite number in IGP Queens, Hannah Makanju, dismissed her excuses, insisting that they actually worked hard for their victory having trained enough for the finals unlike  Plateau Rocks whom she said may not have trained enough.With two wins So far against the Benue Princess and Nigerian Customs, former champions, First Bank will like to consolidate on their Group B leadership when they face AHIP Queens of Kano today and the same goes to Group A leaders and defending champions, Dolphins as they take on Plateau Rocks today while IGP Queens will be slugging it out with Delta force in another group A pairings. Benue Princess will tackle Nigerian Customs to round of today’s hostilities that marked day three of the Zenith Bank Women Basketball League grand finale.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more