The Alianne Story
Alianne Asset Management was founded in 2016 and named after the late grandmother of our founder and current CEO Dimitry Alriche. Dimitry who was raised in the impoverished nation of Haiti was privileged to be raised by his loving grandmother who taught him the measure of hard work and instilled great values which he has applied to the vision of Alianne.
Alianne Asset began as an investment firm providing wealth management services in the futures and foreign exchange markets, and has since expanded its team and operations to include a marketing firm helping medical practitioners grow using digital marketing assets, and a trading academy teaching many people how to manage their own capital in the financial markets. The Alianne Asset Management Group has three specialties which we do well and with great dignity.
The servers we use are highly reliable, running 24 hours a day with 99.999% uptime. We use algorithms to manage the entire trade cycle of our portfolios from the point of entry, to liquidation and therefore we need to be connected all the time. Our clients can rest well knowing that this technology is amongst the best and most reliable in the world, which truly enables them to Invest with Confidence.
Updated 2021-07-31 19:15:01 UTC
Stocks end lower after Amazon disappointment, but S&P 500 logs 6th straight monthly gain
Stocks fell Friday, leaving major averages negative for the week but still holding monthly gains as July trading came to a close. Equities were pressured after e-commerce giant Amazon.com Inc. late Thursday delivered disappointing quarterly results. The S&P 500 fell around 24 points, or 0.5%, to close near 4,395, according to preliminary figures, while the Nasdaq Composite fell around 106 points, or 0.7%, to finish near 14,673. The Dow Jones Industrial Average fell around 149 points, or 0.4%, ending near 34,936. That left the S&P 500 with a 0.4% weekly loss, but the index rose 2.3% for July, marking its sixth consecutive monthly advance. The Nasdaq fell 1.1% for the week holding on to a 1.2% monthly gain, while the Dow saw a 0.4% weekly drop and a 1.3% July advance. Amazon shares fell 7.6%.read more
Oil futures end higher, up a fourth-straight month
Oil futures ended higher on Friday, with prices up a fourth month in a row. "Oil futures [markets] remain hyper-focused on draws to U.S. crude and product inventories and are likely positioned on the expectation that draws will continue through the coming month, as strengthening refining margins should entice stronger crude runs in the final month of U.S. driving season," said Troy Vincent, market analyst at DTN. West Texas Intermediate crude for September delivery climbed 33 cents, or nearly 0.5%, to settle at $73.95 a barrel on the New York Mercantile Exchange, the highest front-month finish since July 13, according to Dow Jones Market Data. Front-month contract prices rose 2.6% for the week and saw a monthly climb of nearly 0.7%.read more
Gold prices settle lower, but post a gain for the month
Gold futures settled lower on Friday, but climbed for the month. "Renewed signs that the Federal Reserve may not taper anytime soon continues to sweeten appetite for the precious metal, while negative COVID-19 developments may boost attraction towards the safe-haven asset," said Lukman Otunuga, manager, market analysis at FXTM. Looking ahead however, gold may face multiple headwinds "as the Fed finds it increasingly difficult to defend its dovish stance," he said. With annual inflation in the U.S. already at a 13-year high and the economy recovering, "hawks are bound to enter the scene," and such a development "could throw a proverbial wrench in the works for gold bulls, sending prices tumbling lower." December gold fell by $18.60, or 1%, to settle at $1,817.20 an ounce. Based on the most-active contract, prices rose nearly 0.9% for the week and were up 2.6% for the month, according to Dow Jones Market Data.read more
Trump's tax returns must be released to Congress, DOJ says
The Justice Department on Friday said the Treasury Department must release former President Donald Trump's tax returns to a congressional committee. An opinion by the DOJ's Office of Legal Counsel said the House Ways and Means Committee's chairman had shown "sufficient reasons" for requesting Trump's returns. The former president has long fought the release of his tax documents. House Speaker Nancy Pelosi, a California Democrat, said access to the returns is a "matter of national security." Americans "deserve to know the facts of his troubling conflicts of interest and undermining of our security and democracy as president," she said in a statement. Trump did not voluntarily release his returns as a candidate or as president, saying they were under audit.read more
Baker Hughes data show a fall in U.S. oil-drilling rigs for the first time in 5 weeks
Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil was down by two at 385 this week. That followed four weekly increases in a row. The total active U.S. rig count, which includes those drilling for natural gas, also declined by three to stand at 488, according to Baker Hughes. September West Texas Intermediate crude continued to trade higher, with the contract up 35 cents, or 0.5%, to $73.97 a barrel on the New York Mercantile Exchange.read more