Michael O'Connor, Holdun, Author at Holdun
Get Rich Quick

Get Rich Quick

“Nothing so undermines your financial judgement as the sight of your neighbour getting rich.” –  JP Morgan We are all in a rush. A rush to grow up, a rush for that new promotion, a rush to get on the property ladder. Our innate fear of falling behind has led to...
The Only Certainty is Uncertainty

The Only Certainty is Uncertainty

‘History is just one damn thing after another.’ – Arnold Toynbee Late last week, the emergence of a new COVID-19 variant in South Africa sent shockwaves worldwide, upending what had been a reasonably quiet week for the stock market. On Friday, a steep sell-off...
How Much is Too Much?

How Much is Too Much?

Market Summary This week banks, airlines, and other economically sensitive sectors felt the brunt of rising Covid cases across Europe. Major tech names and strong retail earnings did enough to counteract the negative pandemic sentiment with the S&P 500 and the...
The Next Tesla

The Next Tesla

Market Summary Stocks closed out the week lower for the first time in six weeks. The S&P 500, the NASDAQ, and the Dow all fell less than 1% as investors fretted over rapidly rising prices. In news that will hardly be surprising to anyone who has stepped foot...
HIDDEN VOLATILITY

HIDDEN VOLATILITY

Market Summary Markets are officially on a roll; the S&P 500 and the Nasdaq notched record-high closes for their seventh straight sessions, with all three indexes posting weekly gains for their fifth consecutive week. The S&P 500 ended the week up 2.0%, while...