Who is Sandy Jadeja? Biography of the man who beat the financial market four times
Who is Sandy Jadeja?
Sandy Jadeja is a talented British technical analyst with a record of four correct predictionsDow Jones indexand oil prices. Thanks to those analyzes, his career has skyrocketed and he is now said to own a huge fortune thanks to selling his investment courses.
Portrait of Sandy Jadeja
In addition to being a talented technical analyst, Sandy Jadeja is also known as a famous author, most notably the books "The 21st Century Guide to Building Your Financial Future, The Mind of a Trader: Lessons in Trading Strategy from the World's Leading Traders”. Besides, he is also a familiar speaker on television of famous stations in the US, UK and Canada.
Sandy Jadeja's accurate predictions
Most of the information that Sandy Jadeja uses to predict is based on oil prices and the general economic situation of the world from 2016 - 2018. Specifically, after a year of strong growth in 2015, crude oil prices in early 2016 has dropped to the lowest level (33 USD/barrel), the reason is said to be due to reduced demand in China and excess supply from the previous price increase. However, at the end of 2016, crude oil prices suddenly increased sharply to 50 USD/barrel and then peaked at 68 USD/barrel in the first quarter of 2017. This number continued to grow strongly in 2018 with prices of 75 USD/barrel and 85 USD/barrel in the first and second quarters. This is a consequence of political conflicts in the Middle East and crude oil production cuts by OPEC countries (organization of major petroleum exporting countries). world).
The second factor that serves as the premise for Sandy Jadeja to make his judgments is based on interest rates. More specifically, in 2016, world trade growth only reached 2.5%, this number increased to 5% in 2017 and decreased to 4.2% in 2018. This is explained by the trend. the trend of increasing interest rates in major countries and geopolitical risks as conflicts escalated at that time.
Correctly predict the Dow Jones index (August 26, 2016 - August 30, 2016)
In the last 4 days of August 2016, Sandy Jadeja accurately predicted the decline of the Dow Jones index. In particular, the Dow Jones Industrial Average (DJIA) and the Dow Jones Transportation Index (DJTA) will be the two main factors pulling the overall picture of Dow Jones down.
As mentioned above, in the third and fourth quarters of 2016, crude oil prices suddenly grew strongly, causing transport businesses to struggle in a short time due to not being able to adjust freight prices in time. Meanwhile, trade growth of only 2.5% is not attractive enough for money to flow into the economy, and prices of goods and services are forced to increase to compensate for shipping fees. This unintentionally affected the DJIA and DJTA indexes of Dow Jones.
Correct prediction of crude oil prices (September 26, 2016 and October 20, 2016)
During the uptrend of crude oil in 2016, there were times when oil prices suddenly dropped sharply, causing many investors to panic. Specifically, when it was at 50 USD/barrel, crude oil price dropped to just over 45 USD/barrel. Although it surprised the market, Sandy Jadeja saw this early on.
On October 20, 2016, crude oil prices suddenly decreased by more than 40 cents from 51.9 USD to 51.5 USD/barrel. This is a consequence of disagreements and interests in the general agreement among OPEC members and the increase in the number of US drilling rigs the previous week.
Correct prediction of crude oil prices (July 2, 2018 - August 18, 2018)
This is Sandy Jadeja's most accurate prediction for crude oil prices in 2018. Specifically, in the first and second quarters of 2018, crude oil prices showed a positive trend when prices only decreased slightly and then rebounded. However, this was the opposite in the last two quarters of the year when crude oil prices suddenly increased sharply and then plummeted.
The reason for the above fluctuations is that during the period from July 2, 2018 - August 18, 2018, a series of policies related to the crude oil "game" were adopted by many countries around the world such as Saudi Arabia. , Russia and the US proposed and put it into practice. Specifically, in terms of supply, all three countries have increased crude oil production daily to compensate for the shortage of countries such as Iran and Venezuela. affected by political conflict.
Crude oil production of Saudi Arabia, the US, Russia and Iran in 2018
Second, because of the FED's interest rate-related policies, specifically, in the third and fourth quarters of 2018, U.S. Federal ReserveThere have been times when interest rates have been raised, causing the strength of the USD to increase. This puts other economies on the brink of having to devalue their own currencies to ensure exports, leading to inflation and stagnant economic growth.
Fluctuations in the USD index and crude oil prices in 2018
summary
Above are interesting information and macroeconomic perspectives surrounding Sandy Jadeja's predictions. Hopefully through the article, Coin68 has given users the most overview of Sandy Jadeja as well as this technical analyst's ability to predict based on macroeconomic events.
