Pavan Sharma

Hundreds of billions of dollars have been wiped from the value of shares around the world this week. Australia’s stock market fell -3.2% yesterday after Wall Street’s -4.6% fall on Monday, as gains for the year have been erased in what was the steepest tu

This long term performed sits overextended in the short term.

Global markets sold off sharply on Friday triggered by expectations that the US Federal Reserve will accelerate its pace of interest rate hikes this year and a leap in volatility.

From a technical perspective there nothing to do here but wait.

In the US, after some initial concerns about the results from Facebook and Microsoft after yesterday’s closing bell, the two tech companies paced the sector higher. Facebook was up more than 4% at one point, to reset its record high. Weighing on stocks wa