Greg Boland is chief strategy officer at Tiger Brokers.ANALYSIS: The rotation out of the popular AI stocks amid tariff uncertainty cost the US equity market more than US$3 trillion in market value in March, with the S&P 500 closing down 5.75%. Nearly US$2 trillion of this loss was attributable to the Magnificent 7 alone, and in the first quarter of the financial year, the 7 lost over US$2.3 trillion (albeit after a gain of US$1.9 trillion in the last two months of 2024).Overall, the $S&P 500(.SPX)$ fell 4.6%, while the $NASDAQ(.IXIC)$ fell 8.3% in what was the worst quarter since the last quarter of 2022.The market will now digest President Trump’s reciprocal tariffs, which take effect immediatel

From a shiny Republican-red Tesla at the White House to tariffs to Chinese automaker BYD unveiling a new EV it says can charge almost as fast as a regular car takes to fuel - there's a lot to talk about in my latest opinion piece. While the market is down year to date because of the dominance of the underperforming technology sector (down 10.55% YTD; its market weight is nearly 28% of the overall market so it has an outsized influence), seven of the 11 sectors are actually up. China and Europe are also doing well. Large cap Chinese stocks are up 26% and German stock are up 24%, while the MSCI Eurozone ETF is up 19% year-to-date. You can find out how corporate America’s proximity to power has its costs by following the link here to The Post, or in The Press and Waikato Times: https://www.th

2024 S&P500 up 23% with Mag 7 up 67% but other 493 stocks up 8.1% = concentration risk.  Thoughts for 2025?

NVIDIA Reported after the bell this morning All eyes were on $NVIDIA Corp(NVDA)$ that reported quarterly results after the close of the US market today. The company reported quarterly earnings of $0.81 per share which beat analyst’s consensus estimates of $0.75 by 8 percent. Quarterly sales were $35.1 billion which also beat analyst’s consensus estimates of $33.125 billion. This represents a 94 percent increase in sales above $18.120 billion for the same period last year. For the next quarter, Nvidia projects $37.5 billion in revenue at the midpoint. That compares with the $37.1 billion FactSet consensus but obviously was not high enough for some lofty expectations by some. Nvidia shares slipped 1.5% in afterhours trading having closed down 0.8% a

My weekly commentaryThe Trump TradeAt the close of US equities trading this morning many of the Trump trade stocks had begun to give back some of the huge price gains they have made in the past week since Donald Trump became President elect. The Crypto and Banking sectors jumped as many believe Trump will ease regulation for both sectors.Coinbase had more than doubled in price in the past week before giving some back some of the gains today. Leading banking stocks were also slightly higher today with Dow components $JPMorgan Chase(JPM)$ and $Goldman Sachs(GS)$ up 9.5% and 15% respectively since last Tuesday.Trump supporter Elon Musk’s Tesla also jumped as Tariffs on Chinese made EV’s imports to the US may be

Greg’s interview with New Zealand Herald’s Madison Reidy published this morning. See link to article below to access the video. https://www.nzherald.co.nz/business/all-the-trump-trades-bitcoin-big-tech-banks-and-bets/HRVXKUFSYVAXNHQXGMMFLQ2TIQ/   All the Trump trades: Bitcoin, big tech, banks and bets

Hello Tigers,This is my latest opinion piece on the impact of the US elections on the markets published on the New Zealand Herald today. Hope it helps you more on the understanding of current market.New Zealand Herald Link>>KEY FACTS:The US presidential election is on November 5 and advance voting has started.Candidates Kamala Harris and Donald Trump have some different visions of the government’s role, on taxes, and fixing America’s cost of living.Harris questioned Trump’s mental state today after the 78-year-old Republican’s latest televised town hall rally veered into an impromptu music

top-five-mistakes-made-self-directed-investors-nz https://www.thepost.co.nz/business/350151593/top-five-mistakes-made-self-directed-investors-nz

This presentation is given by Greg Boland, who is Chief Executive Officer and an authorised representative of Tiger Fintech (NZ) Limited.This is not an offer to deal in any financial product. The information given in this presentation must not be reproduced, distributed or disclosed to any third party.This information may contain general advice, which has been prepared without considering an individual investor’s objectives, financial situation or needs. Before making any decision about the information provided, you must consider the appropriateness of the information having regard to yourobjectives, financial situation and needs, and consult your financial adviser. Investment in financial products involves risk. The past performance of financial products is not a reliable indicator of fut

With the US share market closed for Thanksgiving it is a good opportunity to reflect on the returns of the $S&P 500(.SPX)$ month and year to date and exam what may lie ahead. 2022 has been a difficult year for stocks with the $S&P 500(.SPX)$ falling 27.5% from its January intraday high of 4,818 to an intraday low of 3,491 in mid-October.From this October low the market has rallied 15.6% to 4,034 on Wednesday.So, will this bear market rally succeed where others (January, March, May and June) have failed this year?  Time will tell!Mid Term Election EffectWhat we do know is that historically stocks tend to sell off in the two quarters ahead of midterm elections an

$Tesla Motors(TSLA)$ fell 5% to trade at under $200 and is now down 44% YTD.369 of the $S&P 500(.SPX)$ stock rose with the index closing 1% higher at 3,806.$Cboe Volatility Index(VIX)$ continues to fall closing down 0.8% at 24.35.27 of the $DJIA(DJIA)$ 30 stocks closed higher led by Walgreens Boots up 4.1%.75 of the $NASDAQ 100(NDX)$ stocks gaine

$S&P 500(.SPX)$ $NASDAQ(.IXIC)$The US share market began today’s trading session down more than 2.4% after the Bureau of Labor Statistics announced that the consumer price index increased 0.4% for the month, higher than expectations. On a 12-month basis, headline inflation was up 8.2%, but off its peak of just over 9% in June. However, the increase in the core inflation rate over the past year climbed to a new peak of 6.6% from 6.3%, marking the biggest gain in 40 years according to Greg Boland, CEO of Tiger Brokers NZ. Fed fund futures now predict a 95% probability of a 75-point

(The story is written by Jonathan Mitchell on Fri, 23 Sep 2022 at https://www.nbr.co.nz/) The Kiwi dollar is expected to experience further downside pressures as investors retreat to safety, as the US Federal Reserve hikes interest rates, as well as fears of a global recession.The New Zealand dollar touched a 2.5-year low against its US counterpart this week at 58c, after the Fed hiked again by an expected 75 basis points.It also put the Kiwi under pressure with the Australian dollar, below 88c.Tiger Brokers chief executive Greg Boland told NBR there was a further chance of the Fed raising rates by another 75bp in November.He said the Kiwi was feeling the heat from aggressive monetary policies around the world, as well as weaker commodity prices

Cult of personality – the trader vs the investorBy Greg BolandAre you a trader or an investor? A trader sounds a little more rebellious and given the short term, higher risk nature of their investment behaviour they usually are.An investor on the other hand is more focussed on long-term prospects.If new research from Finder is anything to go by then New Zealand is a nation of investors. And a fair number of you may rate yourselves as traders.The research found 56% of New Zealanders – that’s more than 2 million – were investing their money, ranging from buying property through to trading shares. More interestingly, almost two fifths (38%) have shares, making it the most common form of investment.And it’s not just NZX shares being traded. A growing number of Kiwis are trading globally becaus

https://www.nzherald.co.nz/business/greg-boland-cult-of-personality-the-trader-vs-the-investor/DDWGPDMBSMJBO476W7T4W3TSTY/