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A global strategy chief shares 3 ways investors can navigate increased stock-market volatility in the coming months

A global strategy chief shares 3 ways investors can navigate increased stock-market volatility in the coming months

trader Gregory Rowe
NYSE trader Gregory Rowe works on the floor of the New York Stock Exchange at the end of the trading day.


  • Willem Sels, HSBC Private Banking global chief market strategist, expects volatility to pick up in the next few months due to the US election and a renewed uptick of COVID-19 cases. 
  • In a Tuesday email he shared three strategies for how investors can manage the stock market volatility ahead. 
  • One of his strategies is to avoid the lure of low-quality stocks just because they’re cheap.  Instead, Sels said to seek out companies with strong balance sheets and long-term growth potential.

The upcoming US election and an uptick in cases of COVID-19 are leading to increased volatility and causing some investors to step back. Willem Sels, HSBC Private Banking global chief market strategist, expects volatility to pick up in the next few months, but said investors should remain in the market. In a Tuesday email he shared three strategies for investors to manage what’s ahead. 

1. Focus on quality assets

“What the September correction has shown is that, when valuations are high, it is unwise to go into lower quality assets just because they are cheaper,” Sels said. Investors should seek out companies with strong balance sheets as COVID-19 will continue to weigh on cash flows for longer than expected. For long-term growth, Sels is watching companies related to climate change, health technology, 5G, and the online economy.

2. Look for areas with promising growth

Sels also said he’s looking for areas with “promising growth” in the short and long term. “The US economic outlook currently looks better than in Europe, and data in China and Korea is more positive than in other EM countries,” he added.

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Nifty nears 11,850, Sensex down over 200 points; financials drag, Wipro shares slip 6%

Nifty nears 11,850, Sensex down over 200 points; financials drag, Wipro shares slip 6%



a group of people in a park: Shanghai Composite, Hang Seng, Nikkei 225, and KOSDAQ were all trading with losses. SGX Nifty too was trading over 55 points lower during the early hours of trade on Wednesday.


© Provided by The Financial Express
Shanghai Composite, Hang Seng, Nikkei 225, and KOSDAQ were all trading with losses. SGX Nifty too was trading over 55 points lower during the early hours of trade on Wednesday.

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Sensex and Nifty slipped on Wednesday’s opening bell. S&P BSE Sensex opened over 50 points lower while Nifty 50 was still below the 11,950 mark. Tata Steel and Reliance Industries were the top index gainers, followed by Bharti Airtel and Titan. On the other hand, NTPC, ONGC, and Power Grid were the top drags. All financials were trading with losses. India VIX was marginally up but still below the 21 levels. Global cues on Wednesday were negative with US stock markets having slipped into the red during yesterday’s session. Shanghai Composite, Hang Seng, Nikkei 225, and KOSDAQ were all down in the red. 

The International Monetary Fund (IMF) has projected the Indian economy to contract by 10.3% this year, owing to the coronavirus pandemic. However, the IMF also said that India is likely to bounce back with an impressive 8.8% growth in 2021. The 8.8% growth rate would make India as the fastest growing emerging economy in the world. IMF’s prediction comes after the World Bank said India’s GDP is expected to contract 9.6%. The Reserve Bank of India has forecasted the GDP to shrink 9.5% this fiscal year.

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ICEYE Shares Nearly 18,000 Satellite Image Archive Under Creative Commons License

ICEYE Shares Nearly 18,000 Satellite Image Archive Under Creative Commons License

ICEYE Shares Nearly 18,000 Satellite Image Archive Under Creative Commons License

Press Release
From: ICEYE
Posted: Tuesday, October 13, 2020

Finnish New Space leader ICEYE today announced access to ICEYE’s Public Archive, containing nearly 18,000 images from ICEYE satellites. The ICEYE Public Archive includes radar imagery in various imaging modes taken with ICEYE’s SAR satellite constellation between mid-2019 and now. The ICEYE Public Archive consists of preview images from around the world, which are released under CC BY-NC 4.0 license, allowing for non-commercial use.

 

“The ICEYE SAR satellite constellation is here for the global community of decision makers, data users, and more, to improve our shared world around us all,” said Rafal Modrzewski, CEO and Co-founder of ICEYE. “The ICEYE Public Archive opens up a unique view of the world, which we invite you to explore together with us.”

The ICEYE Public Archive is provided as a downloadable file through the ICEYE website, showing the locations and time of imaging for each thumbnail in the Archive. After downloading the file, users can open it with their Geographic Information System (GIS) program of choice, such asGoogle Earth Pro or QGIS, making exploring the world of radar satellite imaging accessible for all.

“Every day, ICEYE provides unique access to data and information for our customers that hasn’t been available before,” said Steve Young, Vice President, Business Development and Sales, ICEYE. “Our customers and the global community of Earth observation data explorers now have access to some of the imagery that has been collected in the prior years by ICEYE’s SAR satellite constellation. The ICEYE Public Archive provides additional inspiration for what can be achieved in the future.”

 

The ICEYE Public Archive is available to download today. The Public Archive does not contain the full catalog of ICEYE imagery, as

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Energy, Financial Shares Dragging Down Canadian Market

Energy, Financial Shares Dragging Down Canadian Market

(RTTNews) – The Canadian stock market is down in negative territory with investors largely making cautious moves, reacting to earnings news from across the border, and following updates about coronavirus relief talks and global economic data.

Information technology stocks are finding good support. Telecom and industrial shares are among the other notable gainers. Energy, materials, financial and consumer discretionary shares are weak.

The benchmark S&P/TSX Composite Index is down 76.41 points or 0.46% at 16,486.40 about a quarter past noon. The index, which edged up to 16,569.88 at the start, fell to a low of 16,449.83 subsequently.

In the energy section, Enerplus Corp (ERF.TO), Vermilion Energy (VET.TO), Crescent Point Energy (CPG.TO), Parex Resources (PXT.TO), Suncor Energy (SU.TO), MEG Energy (MEG.TO) and Cenovus Energy (CVE.TO) are down 3 to 5%.

Methanex Corp (MX.TO), Teck Resources (TECK.B.TO), Osisko Gold Royalties (OR.TO), Canfor Corp (CFP.TO), Novagold (NG.TO), Hudbay Minerals (HBM.TO) and Agnico Eagle Mines (AEM.TO) are among the prominent losers in the materials space. These stocks are currently down 2.5 to 4%.

In the financial space, CDN Western Bank (CWB.TO), National Bank of Canada (NA.TO), Fairfax Financial Holdings (FFH.TO), Toronto-Dominion Bank (TD.TO), Manulife Financial (MFC.TO), Laurentian Bank (LB.TO) and Sun Life Financial (SLF.TO) are down 1 to 2.5%.

Consumer discretionary shares Canada Goose Holdings (GOOS.TO), Spin Master (TOY.TO) and Magna International (MG.TO) are down sharply.

Technology stock BlackBerry (BB.TO) is up nearly 10%. Absolute Software (ABT.TO) is rising 5.7% and Docebo Inc. (DCBO.TO) is gaining about 4.5%. Enghouse Systems (ENGH.TO) and Kinaxis Inc. (KXS.TO) are up 2.5% and 1.6%, respectively.

Air Canada (AC.TO) has slashed its price to buy Canadian tour operator Transat A.T. Inc (TRZ.TO), to about C$188.7 million ($143.86 million), down from C$720 million, as COVID-19 weighs on travel demand, the companies said in a statement on Saturday.

Shares of Air

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These FTSE 100 Shares Are About To Update The Market. Should You Buy Them Today?

These FTSE 100 Shares Are About To Update The Market. Should You Buy Them Today?

These UK shares are set to release fresh financial details over the next couple of weeks. Is now the time to buy in? Or should you give them a very wide berth?

Barclays

Imminent third-quarter financials from FTSE 100 banking colossus Barclays are bound to attract plenty of attention. This is a reflection of the blue chip’s standing in its own right as well as its role as a barometer of the health of the British economy. And I have to tell you that I’m not too optimistic over what they’ll show.

UK banks have already been forced to suck up gigantic impairments resulting from the Covid-19 crisis. Barclays itself announced it had booked £3.7bn worth of credit impairments in its half-year trading update in July. Profits at the bank sunk to £1.3bn between January and June from £3bn a year earlier, too. I fear another shocking set of numbers when that quarter three statement comes out on Friday, October 23.

I don’t think there’s much incentive to buy Barclays shares today. Its forward price-to-earnings (P/E) ratio of 20 times fails to reflect the possibility of its current travails stretching well into 2021 and possibly beyond, too. As well as Covid-19, of course, the Footsie bank also faces a significant threat from a disorderly Brexit at the end of December.

On top of this, Barclays and its peers also face the prospect that the Bank of England will hold interest rates at rock-bottom levels for years to come to support the UK economy. The central bank might even introduce negative rates soon if very-public chatter from key policymakers is to be believed. In my opinion Barclays simply offers too much risk. I fully expect its long-term share price downtrend to continue.

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