Alphabet Inc. (NASDAQ:GOOG) hit with a $1.7 billion antitrust fine for harming competition in online advertising

Alphabet Inc. (NASDAQ:GOOG) hit with a $1.7 billion antitrust fine for harming competition in online advertising

Alphabet Inc. (NASDAQ:GOOG) hit with a $1.7 billion antitrust fine for harming competition in online advertising The European Union on Wednesday hit Google-parent Alphabet (GOOGL) with a $1.7 billion antitrust fine for harming competition in online advertising, marking the third penalty issued against the internet giant by the EU. Google stock climbed despite the latest EU […]

Facebook, Inc. (NASDAQ:FB) contending with a growing array of bi-partisan criticism

Facebook, Inc. (NASDAQ:FB) contending with a growing array of bi-partisan criticism

Facebook, Inc. (NASDAQ:FB) contending with a growing array of bi-partisan criticism Facebook Inc. is contending with a growing array of bi-partisan criticism and fresh regulatory issues which may pose increasing risk to its unique advertising-revenue-based business model, analysts say. In recent days, President Trump tweeted that the company is “sooo on the side of the […]

E-commerce juggernaut Amazon.com, Inc. (NASDAQ:AMZN) just keeps on rolling

E-commerce juggernaut Amazon.com, Inc. (NASDAQ:AMZN) just keeps on rolling

E-commerce juggernaut Amazon.com, Inc. (NASDAQ:AMZN) just keeps on rolling Amazon.com (NASDAQ:AMZN) stock has garnered a fair number of headlines lately, as usual. But this time around some of those headlines were a bit surprising. The most interesting was Democratic presidential hopeful Senator Elizabeth Warren suggesting that the big tech firms — Google (NASDAQ:GOOG, NASDAQ:GOOGL), Facebook (NASDAQ:FB) […]

United States Oil (USO) spiked 40% since Christmas Eve thanks to OPEC’s aggressive production cuts

United States Oil (USO) spiked 40% since Christmas Eve thanks to OPEC’s aggressive production cuts

United States Oil (USO) spiked 40% since Christmas Eve thanks to OPEC’s aggressive production cuts US oil prices have spiked 40% since Christmas Eve thanks to OPEC’s aggressive production cuts. Crude’s recovery from last year’s bear market hit another milestone on Wednesday. Oil topped $60 a barrel for the first time since November 9. The […]

Dow Jones Industrial Average (.DJI) closed lower after the Federal Reserve’s latest monetary-policy announcement

Dow Jones Industrial Average (.DJI) closed lower after the Federal Reserve’s latest monetary-policy announcement

Dow Jones Industrial Average (.DJI) closed lower after the Federal Reserve’s latest monetary-policy announcement The Dow Jones Industrial Average and S&P 500 closed lower on Wednesday after the Federal Reserve’s latest monetary-policy announcement dragged Treasury yields lower, pushing bank shares down. Goldman Sachs led the 30-stock Dow to end the day down 141.71 points at […]

NASDAQ Composite (.IXIC) shares dip in wobbly session

NASDAQ Composite (.IXIC) shares dip in wobbly session

NASDAQ Composite (.IXIC) shares dip in wobbly session A gauge of stocks across the world fell on Wednesday as a boost from a dovish Federal Reserve was not enough to offset concerns over economic growth and U.S.-China trade talks. Sterling fell after British Prime Minister Theresa May said she was not prepared to delay Brexit […]

Apple Inc. (NASDAQ:AAPL) stock is finally a short after its monster rally in 2019

Apple Inc. (NASDAQ:AAPL) stock is finally a short after its monster rally in 2019

Apple Inc. (NASDAQ:AAPL) stock is finally a short after its monster rally in 2019 Apple (NASDAQ:AAPL) stock finally showed some weakness Tuesday after its double-digit move higher off of its January low. Beginning the year with a thud, AAPL stock has now tacked on more than 40 points! While, certainly, Apple’s rally was warranted, considering its […]

Bitcoin: USD/BTC (BTC=X) Trades Sideways Above $4,000

Bitcoin: USD/BTC (BTC=X) Trades Sideways Above $4,000

Bitcoin: USD/BTC (BTC=X) Trades Sideways Above $4,000 At the time of writing Bitcoin is trading up nominally at its current price of $4,070 and is up slightly from its daily lows of $4,030. Ever since BTC pushed above $4,000 last Friday, the cryptocurrency’s upwards momentum has stalled, leading it to trade in an incredibly tight trading range […]

Twitter, Inc. (NYSE:TWTR) Climbs Despite Lawsuits

Twitter, Inc. (NYSE:TWTR) Climbs Despite Lawsuits

Twitter, Inc. (NYSE:TWTR) Climbs Despite Lawsuits Twitter saw its stock climb 3% despite rising attention to a lawsuit from a member of Congress. Republican Rep. Devin Nunes of California named the social media giant as a co-defendant in a suit filed on Monday in a Virginia state court alleging $250 million in compensatory and punitive […]

Netflix, Inc. (NASDAQ:NFLX) chart formed a ‘golden cross’

Netflix, Inc. (NASDAQ:NFLX) chart formed a ‘golden cross’

Netflix, Inc. (NASDAQ:NFLX) chart formed a ‘golden cross’ Netflix is set to gain a new competitor next week when Apple will reportedly unveil its streaming platform. Netflix shares have risen slightly in the past week and are up 35 percent this year. They are the best performers of the FANG stocks. Miller Tabak equity strategist Matt Maley said the name […]

The Walt Disney Company (NYSE:DIS) new streaming offering is likely to be the key driver

The Walt Disney Company (NYSE:DIS) new streaming offering is likely to be the key driver

The Walt Disney Company (NYSE:DIS) new streaming offering is likely to be the key driver Today is historic for Disney (NYSE:DIS) stock, as the company closed its $71 billion acquisitionof assets of Twenty-First Century Fox (NASDAQ:FOX). For Disney CEO Robert Iger, the deal had its challenges. Keep in mind that Disney’s rival, Comcast, (NASDAQ:CMCSA) tried to buy the Fox assets. But Iger […]

Tesla, Inc. (NASDAQ:TSLA) Stock Remains Strong

Tesla, Inc. (NASDAQ:TSLA) Stock Remains Strong

Tesla, Inc. (NASDAQ:TSLA) Stock Remains Strong It has been a rough few months for Tesla (NASDAQ:TSLA). Just as it seemed that Tesla stock was ready to roar to permanent, new highs due to its successful ramp of Model 3 production and a hugely profitable third quarter, TSLA stock started moving in the opposite direction. Ever since […]

Shanghai: SSE Composite Index (.SSEC) index is above its 50-day moving average and above its 200-day moving average

Shanghai: SSE Composite Index (.SSEC) index is above its 50-day moving average and above its 200-day moving average

Shanghai: SSE Composite Index (.SSEC) index is above its 50-day moving average and above its 200-day moving average Chinese stocks were little changed on Wednesday ahead of the Federal Reserve’s interest rate decision later in the day and on uncertainty surrounding Sino-US trade negotiations. The Shanghai Composite index was flat at 3,090.64 points. The blue-chip […]

Japanese Yen: USD/JPY (JPY=X) Still Eyes 112 Resistance

Japanese Yen: USD/JPY (JPY=X) Still Eyes 112 Resistance

Japanese Yen: USD/JPY (JPY=X) Still Eyes 112 Resistance The Japanese Yen has yet to surrender a key short-term psychological resistance point to the US Dollar, but it may do so very soon. USD/JPY remains well within the uptrend channel which has bounded trade for much of this year. However, the JPY112.00 level has capped the market. The pair […]

Hong Kong: HANG SENG INDEX (.HSI) stocks were hit by a new wave of uncertainty on the U.S.-China trade front following a series of conflicting reports

Hong Kong: HANG SENG INDEX (.HSI) stocks were hit by a new wave of uncertainty on the U.S.-China trade front following a series of conflicting reports

Hong Kong: HANG SENG INDEX (.HSI) stocks were hit by a new wave of uncertainty on the U.S.-China trade front following a series of conflicting reports Shares in major Asian stock markets mostly slipped on Wednesday following a series of conflicting reports on U.S.-China trade that surfaced overnight. The broad MSCI Asia ex-Japan index slipped […]

Australian Dollar: USD/AUD (AUD=X) Job vacancies fall

Australian Dollar: USD/AUD (AUD=X) Job vacancies fall

Australian Dollar: USD/AUD (AUD=X) Job vacancies fall Australia’s Westpac leading index came in flat in February, falling from an upwardly-revised +0.1% reading in January, despite firmer commodity prices. In addition, skilled vacancies in February fell 0.9% m/m, escalating January’s revised 0.5% decline. The Australian jobs markets has been one of the more robust parts of […]

Australia: S&P/ASX 200 (.AXJO) trade war worries left investors trading defensively

Australia: S&P/ASX 200 (.AXJO) trade war worries left investors trading defensively

Australia: S&P/ASX 200 (.AXJO) trade war worries left investors trading defensively Australian shares closed lower on Wednesday as trade war worries left investors trading defensively. The S&P/ASX 200 Index fell 22.5 points, or 0.4 per cent, to 6165.3, while the broader All Ordinaries slid 24.8 points, or 0.4 per cent, to 6251.8. An air of […]

Silver 1 OZ 999 NY (XAG=X) prices lurched lower on a slump in demand by industrial units and coin makers

Silver 1 OZ 999 NY (XAG=X) prices lurched lower on a slump in demand by industrial units and coin makers

Silver 1 OZ 999 NY (XAG=X) prices lurched lower on a slump in demand by industrial units and coin makers Gold prices fell in futures trade on Wednesday, hit by weak demand at the spot market and lacklustre trend in overseas markets.  In the global markets, gold fell on account of the dollar’s rise against […]

Singapore: STI Index (.STI) possible trade talk friction

Singapore: STI Index (.STI) possible trade talk friction

Singapore: STI Index (.STI) possible trade talk friction Most Southeast Asian stock markets fell on Wednesday as signs suggesting possible hurdles in U.S.-China trade talks curbed risk sentiment, while anticipation of the U.S. Federal Reserve policy decision also kept investors on the sidelines. Bloomberg had reported that negotiators in the U.S. were concerned that China […]

Euro: USD/EUR (EUR=X) upside should be limited

Euro: USD/EUR (EUR=X) upside should be limited

Euro: USD/EUR (EUR=X) upside should be limited Outlook in EUR/USD remains unchanged. Further rise could be seen with 1.1294 minor support intact despite loss of upside momentum. But upside should be limited below 1.1419 resistance to complete the corrective rebound from 1.1176. On the downside, below 1.1294 minor support will turn bias to the downside […]

British Pound: USD/GBP (GBP=X) unchanged after mixed job numbers

British Pound: USD/GBP (GBP=X) unchanged after mixed job numbers

British Pound: USD/GBP (GBP=X) unchanged after mixed job numbers GBP/USD is steady in the Tuesday session. In the North American session, the pair is trading at 1.3265, down 0.09% on the day. There are no major U.S. events on the schedule. British employment numbers were mixed. On Wednesday, the U.K. releases a host of inflation […]

Gold 1 OZ (XAU=X) rallies on slower US growth forecast

Gold 1 OZ (XAU=X) rallies on slower US growth forecast

Gold 1 OZ (XAU=X) rallies on slower US growth forecast Gold prices moved higher on Tuesday, as the dollar weakened despite rising US yields. The EUR/USD whipsawed higher, despite a mixed ZEW survey which showed that future conditions are expected to get better. The CNBC Fed survey for March shows weaker global growth pointing to […]

Facebook, Inc. (NASDAQ:FB) most bearish it’s been since 2013

Facebook, Inc. (NASDAQ:FB) most bearish it’s been since 2013

Facebook, Inc. (NASDAQ:FB) most bearish it’s been since 2013 Facebook stock is now about 27 percent lower than its July all-time high, and Street sentiment — as measured by the number of hold and sell ratings — is the most bearish it’s been since 2013, based on FactSet estimates.  While growing skepticism can sometimes be a […]

NASDAQ Composite (.IXIC) gives up gains on news of troubled trade talks

NASDAQ Composite (.IXIC) gives up gains on news of troubled trade talks

NASDAQ Composite (.IXIC) gives up gains on news of troubled trade talks The benchmark S&P 500 index ended little changed on Tuesday as investor optimism regarding the Federal Reserve’s expected affirmation of its dovish policy stance was offset by reports of fault lines emerging in ongoing U.S.-China trade negotiations. Financial stocks weighed on all three […]

Tesla, Inc. (NASDAQ:TSLA) Elon Musk’s dispute with the SEC is an “overhang” on the stock

Tesla, Inc. (NASDAQ:TSLA) Elon Musk’s dispute with the SEC is an “overhang” on the stock

Tesla, Inc. (NASDAQ:TSLA) Elon Musk’s dispute with the SEC is an “overhang” on the stock Tesla CEO Elon Musk’s habit of sparring with federal securities regulators is making Wall Street nervous. Tesla shares seesawed Tuesday, falling by as much as 2.2 percent before recovering, hours after the Securities and Exchange Commission doubled down on its allegation that Musk “blatantly […]

Twitter, Inc. (NYSE:TWTR) Clean Up Strategy Makes It A Winner

Twitter, Inc. (NYSE:TWTR) Clean Up Strategy Makes It A Winner

Twitter, Inc. (NYSE:TWTR) Clean Up Strategy Makes It A Winner Twitter (NYSE:TWTR) had a remarkable run last year. In the face of extreme negativity about social media stocks, the company outperformed its main rival Facebook (NASDAQ:FB), gaining 20% as Facebook plunged 26%. But that period of outperformance is losing its steam. After last year’s rally, […]

Forget streaming full games, Apple Inc. (NASDAQ:AAPL) wants to curate highlights as they’re happening

Forget streaming full games, Apple Inc. (NASDAQ:AAPL) wants to curate highlights as they’re happening

Forget streaming full games, Apple Inc. (NASDAQ:AAPL) wants to curate highlights as they’re happening If Apple Inc. gets its way, you might never miss a sports highlight again. According to a report published Tuesday by Sports Illustrated, the tech giant has a team of a dozen workers constantly watching a variety of sports — in […]

Bitcoin: USD/BTC (BTC=X) Still in Correction Mode

Bitcoin: USD/BTC (BTC=X) Still in Correction Mode

Bitcoin: USD/BTC (BTC=X) Still in Correction Mode Bitcoin is still consolidating after its recent test of the ascending channel resistance, keeping the correction going. Price seems to have bounced off the 38.2% Fibonacci retracement level but might still be due for a larger dip. The 100 SMA is above the longer-term 200 SMA to indicate […]

Amazon.com, Inc. (NASDAQ:AMZN) new grocery stores will be a positive catalyst for AMZN stock

Amazon.com, Inc. (NASDAQ:AMZN) new grocery stores will be a positive catalyst for AMZN stock

Amazon.com, Inc. (NASDAQ:AMZN) new grocery stores will be a positive catalyst for AMZN stock When Amazon (NASDAQ:AMZN) bought Whole Foods Market about a year ago, the major grocery chains shuttered in disbelief and their stocks retreated. After all, when AMZN sets its sights on you, the results are usually not too good. And over the last year […]

United States Oil (USO) prices touch 2019 highs, supported by OPEC

United States Oil (USO) prices touch 2019 highs, supported by OPEC

United States Oil (USO) prices touch 2019 highs, supported by OPEC Oil prices were little changed after hitting 2019 highs on Tuesday, maintaining recent strength on the back of expectations for OPEC to continue production cuts. U.S. oil prices have climbed 9 percent in the last six weeks, as the supply cuts are now expected to continue […]

Dow Jones Industrial Average (.DJI) investors puzzled over conflicting reports over the progress of U.S.-China trade negotiations

Dow Jones Industrial Average (.DJI) investors puzzled over conflicting reports over the progress of U.S.-China trade negotiations

Dow Jones Industrial Average (.DJI) investors puzzled over conflicting reports over the progress of U.S.-China trade negotiations The Dow Jones Industrial Average closed lower for the first time in five days on Tuesday, led by declines in Apple, while investors puzzled over conflicting reports over the progress of U.S.-China trade negotiations. The 30-stock Dow fell 26.72 points […]

Alphabet Inc. (NASDAQ:GOOG) confirmed the firm won a deal for its game streaming platform

Alphabet Inc. (NASDAQ:GOOG) confirmed the firm won a deal for its game streaming platform

Alphabet Inc. (NASDAQ:GOOG) confirmed the firm won a deal for its game streaming platform Advanced Micro Devices spiked 11.8 percent Tuesday after Google confirmed the firm won a deal for its game streaming platform. Google unveiled the platform in an event Tuesday, where it shared its plans for a new gaming service called Stadia. The rally brought AMD’s market cap […]

Netflix, Inc. (NASDAQ:NFLX) Execs Welcome Competition From Apple

Netflix, Inc. (NASDAQ:NFLX) Execs Welcome Competition From Apple

Netflix, Inc. (NASDAQ:NFLX) Execs Welcome Competition From Apple On the surface, the comment sounded amiable enough. At a press event Monday, Netflix (NASDAQ:NFLX) CEO Reed Hastings said that while “Apple (NASDAQ:AAPL) is a great company…we prefer to let our customers watch our content on our service. We have chosen not to integrate with their service.” […]

Australian Dollar: USD/AUD (AUD=X) housing data disappointed Aussie buyers

Australian Dollar: USD/AUD (AUD=X) housing data disappointed Aussie buyers

Australian Dollar: USD/AUD (AUD=X) housing data disappointed Aussie buyers RBA’s pessimism and soft housing market data couldn’t disappoint Aussie buyers as risk sentiment remains strong. 0.7130/35 comprising 50-day SMA acts as immediate resistance contrast to 0.7050 support. The Australian Dollar (AUD) is taking the bids around 0.7100 versus the US Dollar (USD) during early Tuesday. […]

Gold 1 OZ (XAU=X) higher as investors respond to a slightly weaker U.S. Dollar

Gold 1 OZ (XAU=X) higher as investors respond to a slightly weaker U.S. Dollar

Gold 1 OZ (XAU=X) higher as investors respond to a slightly weaker U.S. Dollar Gold futures are trading marginally higher on Monday as investors respond to a slightly weaker U.S. Dollar. Volume is low, however, as many major players are taking to the sidelines ahead of the start of the Fed’s two-day meeting which begins […]

Euro: USD/EUR (EUR=X) upside should be limited below 1.1419 resistance

Euro: USD/EUR (EUR=X) upside should be limited below 1.1419 resistance

Euro: USD/EUR (EUR=X) upside should be limited below 1.1419 resistance EUR/USD’s rebound from 1.1176 could extend higher but it’s still viewed as a corrective move. Hence, upside should be limited below 1.1419 resistance to bring down trend resumption. On the downside, below 1.1294 minor support will turn bias to the downside for 1.1176 low first. […]

British Pound: USD/GBP (GBP=X) market movement depends upon the UK labor market report

British Pound: USD/GBP (GBP=X) market movement depends upon the UK labor market report

British Pound: USD/GBP (GBP=X) market movement depends upon the UK labor market report The financial markets exhibited thin volatility in the wake of a national holiday in the United States. Well, the traders are back and the economic calendar is also loaded with some high impact economic events. Most of the focus will remain on […]

Hong Kong: HANG SENG INDEX (.HSI) awaiting Fed meeting

Hong Kong: HANG SENG INDEX (.HSI) awaiting Fed meeting

Hong Kong: HANG SENG INDEX (.HSI) awaiting Fed meeting Shares in Asia mostly traded lower on Tuesday afternoon, ahead of a closely watched meeting by the U.S. Federal Reserve set to kick off later in the day stateside. Mainland Chinese shares ended the morning session mostly lower, with the Shanghai composite slipping 0.22 percent and the Shenzhen component declining […]

Japanese Yen: USD/JPY (JPY=X) bias remains neutral

Japanese Yen: USD/JPY (JPY=X) bias remains neutral

Japanese Yen: USD/JPY (JPY=X) bias remains neutral Consolidation from 112.13 is still in progress and intraday bias remains neutral first. As long as 110.35 support hold, near term outlook remains bullish. On the upside, break of 112.13 will resume the rally from 104.69 to 114.54 resistance next. However, firm break of 110.35 should confirm near […]

Australia: S&P/ASX 200 (.AXJO) shares are poised to open higher

Australia: S&P/ASX 200 (.AXJO) shares are poised to open higher

Australia: S&P/ASX 200 (.AXJO) shares are poised to open higher It was another day of erratic day of trade in and out of the red on the Australian sharemarket as investors tussled with accelerating domestic house price falls and a slightly “dovish” tilt in the Reserve Bank’s rate outlook. The news prompted a bearish “inversion” […]

Singapore: STI Index (.STI) traders await central bank meetings

Singapore: STI Index (.STI) traders await central bank meetings

Singapore: STI Index (.STI) traders await central bank meetings Asian equities drifted Tuesday as traders awaited central bank meetings amid expectations of dovish signals to monetary policy. The dollar steadied after its recent decline. Stocks posted modest losses in Japan and China and were little changed in Australia and Hong Kong. U.S. futures were little […]

Alphabet Inc. (NASDAQ:GOOG) reported earnings don’t tell the whole story

Alphabet Inc. (NASDAQ:GOOG) reported earnings don’t tell the whole story

Alphabet Inc. (NASDAQ:GOOG) reported earnings don’t tell the whole story Unlike most large-cap public companies, Alphabet (NASDAQ:GOOG,GOOGL), more commonly referred to as Google, doesn’t report adjusted earnings. That’s not necessarily a problem for Google stock — even as it trades at a five-month high. But understanding the actual underlying business is key to understanding GOOGL […]

Silver 1 OZ 999 NY (XAG=X) showing signs of life again

Silver 1 OZ 999 NY (XAG=X) showing signs of life again

Silver 1 OZ 999 NY (XAG=X) showing signs of life again The silver market initially pulled back during the trading session on Monday but found buyers to push higher as the market has seen plenty of volatility in this market, as we continue to see a lot of questions about the Federal Reserve and what […]

Shanghai: SSE Composite Index (.SSEC) shares edge lower on profit-taking

Shanghai: SSE Composite Index (.SSEC) shares edge lower on profit-taking

Shanghai: SSE Composite Index (.SSEC) shares edge lower on profit-taking China’s main stock indexes ended lower on Tuesday, pulling back from near 6-1/2-month highs in the previous session, on profit taking, but losses were limited by hopes for continued government support for the economy and a dovish U.S. Fed. The Shanghai Composite index fell 0.18 […]

Amazon.com, Inc. (NASDAQ:AMZN) stock has been relatively weak in 2019, but investors shouldn’t worry about AMZN too much

Amazon.com, Inc. (NASDAQ:AMZN) stock has been relatively weak in 2019, but investors shouldn’t worry about AMZN too much

Amazon.com, Inc. (NASDAQ:AMZN) stock has been relatively weak in 2019, but investors shouldn’t worry about AMZN too much Amid the big, broad rally in tech stocks in 2019, one not-so-insignificant factoid that has been largely swept under the rug is that the godfather of all tech stocks, Amazon (NASDAQ:AMZN), has actually been a laggard this year. […]

Facebook, Inc. (NASDAQ:FB) falls after concerns that a shift in company direction and executive departures will negatively impact its valuation

Facebook, Inc. (NASDAQ:FB) falls after concerns that a shift in company direction and executive departures will negatively impact its valuation

Facebook, Inc. (NASDAQ:FB) falls after concerns that a shift in company direction and executive departures will negatively impact its valuation Facebook stock fell Monday as a Wall Street analyst downgraded the social networking giant on concerns that a shift in company direction and executive departures will negatively impact its valuation. Facebook stock fell 3.3%, closing […]

Tesla, Inc. (NASDAQ:TSLA) shares have taken a wrong turn

Tesla, Inc. (NASDAQ:TSLA) shares have taken a wrong turn

Tesla, Inc. (NASDAQ:TSLA) shares have taken a wrong turn Tesla shares have taken a wrong turn. The stock has tumbled more than 17 percent this year with losses accelerating last week following a mediocre reception to its Model Y unveiling. It is now 29 percent off its record high set in September 2017. One technical analyst […]

Apple Inc. (NASDAQ:AAPL) decline fueled by slowing iPhone sales

Apple Inc. (NASDAQ:AAPL) decline fueled by slowing iPhone sales

Apple Inc. (NASDAQ:AAPL) decline fueled by slowing iPhone sales Apple suffered one of the hardest hits among the FAANG grouping, dropping 38% from its peak last October to a low of $141 just after the new year. The decline was fueled by slowing iPhone sales, the ongoing contraction in Chinese consumer demand, and concerns over […]

Twitter, Inc. (NYSE:TWTR) testing a plethora of features on its Beta app “twttr”

Twitter, Inc. (NYSE:TWTR) testing a plethora of features on its Beta app “twttr”

Twitter, Inc. (NYSE:TWTR) testing a plethora of features on its Beta app “twttr” Twitter is testing a plethora of features on its Beta app “twttr”, in a bid to improve the design of a conversation and make the application more interactive. The company launched the prototype app to test new ideas and get feedback from […]

Dow Jones Industrial Average (.DJI) shakes off Boeing woes

Dow Jones Industrial Average (.DJI) shakes off Boeing woes

Dow Jones Industrial Average (.DJI) shakes off Boeing woes U.S. stocks closed modestly higher Monday, as investors prepared for a meeting of Federal Reserve policy makers to begin Tuesday, while losses for aircraft maker Boeing again dragged on the Dow Jones Industrial Average but didn’t stop the blue-chip gauge from scoring its fourth straight gain. […]

NASDAQ Composite (.IXIC) tech stocks helped lead Wall Street higher

NASDAQ Composite (.IXIC) tech stocks helped lead Wall Street higher

NASDAQ Composite (.IXIC) tech stocks helped lead Wall Street higher Banks and tech helped lead Wall Street higher on Monday, while Boeing and Facebook were a drag and investors eyed this week’s U.S. Federal Reserve meeting for affirmation of its commitment to “patient” monetary policy. Following the S&P 500’s best week since November, the benchmark index ended […]

Bitcoin: USD/BTC (BTC=X) technicals indicate a bearish trend was forecast for the coin

Bitcoin: USD/BTC (BTC=X) technicals indicate a bearish trend was forecast for the coin

Bitcoin: USD/BTC (BTC=X) technicals indicate a bearish trend was forecast for the coin The largest cryptocurrency in the market, Bitcoin [BTC], saw the bull make an entry and lift the coin’s prices. However, this was a short-lived trend as the coin fell in the past hour, at the time of writing. The token was valued at […]

Microsoft Corporation (NASDAQ:MSFT) riding a 7th-straight gain toward a 2nd-straight record close

Microsoft Corporation (NASDAQ:MSFT) riding a 7th-straight gain toward a 2nd-straight record close

Microsoft Corporation (NASDAQ:MSFT) riding a 7th-straight gain toward a 2nd-straight record close Shares of Microsoft Corp. MSFT, +1.43% rose 0.8% in afternoon trade Monday, putting them on track for a 7th-straight gain toward a 2nd-straight record close. The win streak would be the longest since it rose for 8-straight sessions as of Aug. 9, 2018. […]

The Boeing Company (NYSE:BA) Company engineers cleared equipment at center of crash probe

The Boeing Company (NYSE:BA) Company engineers cleared equipment at center of crash probe

The Boeing Company (NYSE:BA) Company engineers cleared equipment at center of crash probe U.S. federal authorities began exploring a criminal investigation of how Boeing Co.’s 737 Max was certified to fly passengers before the latest crash in Ethiopia involving the new jet, according to people familiar with the probe. The investigation was prompted by information […]

United States Oil (USO) prices hover near 2019 highs

United States Oil (USO) prices hover near 2019 highs

United States Oil (USO) prices hover near 2019 highs Oil prices hovered just below 2019 highs early on Tuesday, supported by ongoing supply cuts led by producer club OPEC. U.S. sanctions against oil producers Iran and Venezuela are also boosting crude prices, although traders say the market looks capped by rising American output. U.S. West Texas Intermediate (WTI) futures were down four cents […]

Alibaba Group Holding Limited (NYSE:BABA) Outpaces Stock Market Gains

Alibaba Group Holding Limited (NYSE:BABA) Outpaces Stock Market Gains

Alibaba Group Holding Limited (NYSE:BABA) Outpaces Stock Market Gains Alibaba closed at $181.83 in the latest trading session, marking a +0.48% move from the prior day. This change outpaced the S&P 500’s 0.37% gain on the day. At the same time, the Dow added 0.25%, and the tech-heavy Nasdaq gained 0.34%. Prior to today’s trading, […]

Singapore: STI Index (.STI) busy week ahead as central banks make monetary policy decisions

Singapore: STI Index (.STI) busy week ahead as central banks make monetary policy decisions

Singapore: STI Index (.STI) busy week ahead as central banks make monetary policy decisions It is going to be a busy week ahead as central banks make monetary policy decisions and more economic data is released. Markets’ performance last week was affected somewhat by Brexit developments and the outcomes from China’s National People’s Congress. But […]

Canadian Dollar: USD/CAD (CAD=X) Facing Many Hurdles

Canadian Dollar: USD/CAD (CAD=X) Facing Many Hurdles

Canadian Dollar: USD/CAD (CAD=X) Facing Many Hurdles GBP/USD climbed higher and settled above the 1.3210 resistance level. USD/CAD corrected higher, but it failed to break the key 1.3370 resistance area and later declined. Important Takeaways for GBP/USD and USD/CAD The British Pound gained bullish momentum and traded above the 1.3200 resistance area. There is a […]

Gold 1 OZ (XAU=X) price likely to be determined by trader reaction to the major 50% level at $1293.60

Gold 1 OZ (XAU=X) price likely to be determined by trader reaction to the major 50% level at $1293.60

Gold 1 OZ (XAU=X) price likely to be determined by trader reaction to the major 50% level at $1293.60 Gold futures closed higher last week, confirming the previous week’s closing price reversal bottom. The market was driven higher by a drop in U.S. Treasury yields. This move made the U.S. Dollar a less-desirable investment, while […]

Australia: S&P/ASX 200 (.AXJO) Miners lead market gains in volatile day

Australia: S&P/ASX 200 (.AXJO) Miners lead market gains in volatile day

Australia: S&P/ASX 200 (.AXJO) Miners lead market gains in volatile day Australian shares opened the week’s trading higher on Monday despite dipping into the red twice through the middle of the day as the market extended volatility from last week. The Fortescue Metals Group Limited (ASX: FMG) share price has continued its stunning form and is the best […]

Silver 1 OZ 999 NY (XAG=X) rices fall on weak global cues

Silver 1 OZ 999 NY (XAG=X) rices fall on weak global cues

Silver 1 OZ 999 NY (XAG=X) rices fall on weak global cues This week precious metals traders will be monitoring the tone in the U.S. dollar ahead of a Federal Reserve meeting expected to shed more light on the outlook for U.S. interest rate hikes this year. The Fed is widely expected to keep monetary […]

Shanghai: SSE Composite Index (.SSEC) stocks higher, blue-chip CSI300 index up

Shanghai: SSE Composite Index (.SSEC) stocks higher, blue-chip CSI300 index up

Shanghai: SSE Composite Index (.SSEC) stocks higher, blue-chip CSI300 index up China’s major stock indexes closed near their 6-1/2-month highs on Monday, as sentiment was bolstered by high expectations of the U.S. Federal Reserve taking a dovish stance at its policy meeting this week and Beijing’s policy boost for growth. At the close, the blue-chip […]

Hong Kong: HANG SENG INDEX (.HSI) stocks tracked the mainland Chinese markets higher

Hong Kong: HANG SENG INDEX (.HSI) stocks tracked the mainland Chinese markets higher

Hong Kong: HANG SENG INDEX (.HSI) stocks tracked the mainland Chinese markets higher Hong Kong stocks tracked the mainland Chinese markets higher on Monday and closed at a nine-month peak, buoyed by expectations of the U.S. Federal Reserve taking a dovish stance at its policy meeting this week and Beijing rolling out more policy measures […]

Australian Dollar: USD/AUD (AUD=X) Fed Decisions Put Aussie in Spotlight

Australian Dollar: USD/AUD (AUD=X) Fed Decisions Put Aussie in Spotlight

Australian Dollar: USD/AUD (AUD=X) Fed Decisions Put Aussie in Spotlight The Australian and New Zealand Dollars finished higher last week on relatively low volatility. In the absence of major economic releases and central bank activity, traders had to rely on outside influences such as Brexit, U.S.-China trade relations and Chinese stimulus measures. Mixed U.S. economic […]

New Zealand Dollar: NZD/USD (NZD=X) gradually making a new higher highs and lower lows

New Zealand Dollar: NZD/USD (NZD=X) gradually making a new higher highs and lower lows

New Zealand Dollar: NZD/USD (NZD=X) gradually making a new higher highs and lower lows The New Zealand Dollar is gradually making a new higher highs and lower lows since the currency pair bounced off a support level formed by the 200-hour simple moving average at 0.6809 on March 14. The exchange rate tested a resistance […]

British Pound: USD/GBP (GBP=X) tipped to rise as uptrend extends

British Pound: USD/GBP (GBP=X) tipped to rise as uptrend extends

British Pound: USD/GBP (GBP=X) tipped to rise as uptrend extends The Pound-to-Dollar rate is to begin trading around 1.3285 Sunday after rising more than 2.0% in the previous week, although the exchange rate still has further to climb over the coming days, according to technical studies of charts. The pair rose after the UK Parliament […]

Japanese Yen: USD/JPY (JPY=X) moving towards the top of the bullish channel

Japanese Yen: USD/JPY (JPY=X) moving towards the top of the bullish channel

Japanese Yen: USD/JPY (JPY=X) moving towards the top of the bullish channel The USD/JPY bullish break could see price move towards the top of the bullish channel and the Fibonacci targets of wave 5 vs 1+3. This breakout could be part of an impulsive third wave (purple) whereas a bearish breakout could indicate a pauze […]

Euro: USD/EUR (EUR=X) investors are focused on macro data updates for short term profit opportunities

Euro: USD/EUR (EUR=X) investors are focused on macro data updates for short term profit opportunities

Euro: USD/EUR (EUR=X) investors are focused on macro data updates for short term profit opportunities Since trading session opened for the week in Pacific-Asian market hours, the pair has managed to hold on to steady upside price action and moved well near last week’s highs as the spread difference between 2-year US-Germany government bond yields […]

Facebook, Inc. (NASDAQ:FB) a modest earnings multiple creates an attractive risk-reward skew for investors

Facebook, Inc. (NASDAQ:FB) a modest earnings multiple creates an attractive risk-reward skew for investors

Facebook, Inc. (NASDAQ:FB) a modest earnings multiple creates an attractive risk-reward skew for investors Facebook (NASDAQ:FB) has become one of the world’s most-criticized companies and one of the most controversial stocks on Wall Street over the past year. Yet despite the negative headlines and commentary, FB stock has been extremely resilient. The Facebook bear case is all about […]

Dow Jones Industrial Average (.DJI) edge higher after Asia gains

Dow Jones Industrial Average (.DJI) edge higher after Asia gains

Dow Jones Industrial Average (.DJI) edge higher after Asia gains Global stocks advanced to kick off a week filled with potentially significant catalysts from central bank meetings, geopolitical developments and economic data. Treasuries edged lower. The Stoxx Europe 600 climbed, led higher by miners and lenders as Deutsche Bank AG and Commerzbank AG jumped after […]

Bitcoin: USD/BTC (BTC=X) price climbed higher towards the $4,040 level before correcting lower against the US Dollar

Bitcoin: USD/BTC (BTC=X) price climbed higher towards the $4,040 level before correcting lower against the US Dollar

Bitcoin: USD/BTC (BTC=X) price climbed higher towards the $4,040 level before correcting lower against the US Dollar In the weekly analysis, we saw a nice upward move above $4,000 in bitcoin price against the US Dollar. The BTC/USD pair even broke the $4,020 level and traded towards the $4,040 level. A high was formed at $4,041 […]

United States Oil (USO) price gains have been limited by concerns that an economic slowdown

United States Oil (USO) price gains have been limited by concerns that an economic slowdown

United States Oil (USO) price gains have been limited by concerns that an economic slowdown US crude futures briefly hit a 2019 high on Friday but retreated along with benchmark Brent oil as worries about the global economy and robust US production put a brake on prices. West Texas Intermediate (WTI) crude oil futures were […]

Tesla, Inc. (NASDAQ:TSLA) Model Y unveiling by CEO Elon Musk failed to wow Wall Street

Tesla, Inc. (NASDAQ:TSLA) Model Y unveiling by CEO Elon Musk failed to wow Wall Street

Tesla, Inc. (NASDAQ:TSLA) Model Y unveiling by CEO Elon Musk failed to wow Wall Street The Tesla Model Y unveiling by CEO Elon Musk failed to wow Wall Street, with Tesla tumbling in Friday’s stock market. But setting aside the Model Y and all the drama surrounding the luxury electric vehicle maker, Tesla stock has […]

British Pound: USD/GBP (GBP=X) promises to be a busy week

British Pound: USD/GBP (GBP=X) promises to be a busy week

British Pound: USD/GBP (GBP=X) promises to be a busy week GBP/USD posted huge gains last week, climbing 2.2 percent. It promises to be a busy week. The U.K. releases CPI and retail sales, and parliament will hold another vote over Brexit. Central banks will also be in focus, with the BoE and Federal Reserve expected […]

Canadian Dollar: USD/CAD (CAD=X) bias is neutral

Canadian Dollar: USD/CAD (CAD=X) bias is neutral

Canadian Dollar: USD/CAD (CAD=X) bias is neutral USD/CAD dropped to 1.3289 last week but drew support from 55 day EMA and recovered. Initial bias is neutral this week first. On the upside, break of 1.3371 minor resistance will suggest that pull back from 1.3467 has completed. That will also revive the bullish case that rise […]

Australian Dollar: USD/AUD (AUD=X) bias remains neutral this week

Australian Dollar: USD/AUD (AUD=X) bias remains neutral this week

Australian Dollar: USD/AUD (AUD=X) bias remains neutral this week AUD/USD stayed in consolidation above 0.7003 last week and outlook is unchanged. Initial bias remains neutral this week first. In case of another recovery, upside should be limited by 0.7121 minor resistance to bring fall resumption. On the downside, break of 0.7003 will resume the fall […]

Australia: S&P/ASX 200 (.AXJO) Employment conditions weakening

Australia: S&P/ASX 200 (.AXJO) Employment conditions weakening

Australia: S&P/ASX 200 (.AXJO) Employment conditions weakening But jobs growth appears to be swimming against the tide and forward looking indicators are sinking. Shayne Heffernan said “Australia is overtaxed, the minimum wage is too high and the social security problem is weighing on the taxpayer, Australia has seen the dollar at overly high levels for […]

Hong Kong: HANG SENG INDEX (.HSI) sentiment boosted by bullish global markets performances

Hong Kong: HANG SENG INDEX (.HSI) sentiment boosted by bullish global markets performances

Hong Kong: HANG SENG INDEX (.HSI) sentiment boosted by bullish global markets performances The market started on a bearish note last week after a two-week decline but rebounded to close marginally higher on bargain hunting. Shayne Heffernan said “don’t be too quick to write off China, the new reforms in Beijing should see a boost […]

Japanese Yen: USD/JPY (JPY=X) bias remains neutral this week for some more consolidation

Japanese Yen: USD/JPY (JPY=X) bias remains neutral this week for some more consolidation

Japanese Yen: USD/JPY (JPY=X) bias remains neutral this week for some more consolidation USD/JPY rebounded further last week but was held below 112.13 resistance. Initial bias remains neutral this week for some more consolidation. But still, as long as 110.35 support hold, near term outlook remains bullish. On the upside, break of 112.13 will resume […]

Euro: USD/EUR (EUR=X) upside should be limited below 1.1419 resistance

Euro: USD/EUR (EUR=X) upside should be limited below 1.1419 resistance

Euro: USD/EUR (EUR=X) upside should be limited below 1.1419 resistance EUR/USD’s rebound from 1.1176 continued last week despite lost of upside momentum. No change in the view that it’s a corrective move. Hence, in case of another rise, upside should be limited below 1.1419 resistance to bring down trend resumption. On the downside, below 1.1277 […]

New Zealand Shooter was a Left Wing Fascist

New Zealand Shooter was a Left Wing Fascist

Brenton Tarrant, the man who murdered 49 innocent people in Christchurch New Zealand was not a Right-Wing Conservative White Supremacists, he was in fact a Trump Hating Left Wing Fascist Pro-Union Environmentalist. That’s not an opinion it is the fact as stated in his rambling Manifesto, a document that shows he was poorly educated and […]

49 Dead: Day of Terror in New Zealand

49 Dead: Day of Terror in New Zealand

A terrorist attack in New Zealand’s Christchurch has left 49 people dead and at least 48 wounded. The attacks occurred at two locations: Al Noor Mosque and Linwood Mosque, which are approximately three miles apart. According to Prime Minister Jacinda Ardern, 41 people have been killed at Al Noor and another 7 perished at Linwood […]

No Shortage of Oil

No Shortage of Oil

Production cutbacks by OPEC nations are building a supply cushion that could be called upon to mitigate a possible supply shock from an abrupt drop in crisis-hit Venezuela’s output, the IEA said Friday. With a nationwide blackout that paralysed the country for one week, demonstrating the unreliability of the country’s electricity network, new questions are […]

Dollar General Corporation (NYSE:DG) Earnings Fall Short

Dollar General Corporation (NYSE:DG) Earnings Fall Short

Dollar General Corporation (NYSE:DG) Earnings Fall Short Dollar General (DG) reported weaker-than-expected earnings for the fourth quarter though revenue and same-store sales topped views. Dollar General earnings guidance also was light. Dollar General stock tumbled below a buy point. Shayne Heffernan said “you know things are good when bottom end retailers are suffering” Dollar General Earnings […]

Facebook, Inc. (NASDAQ:FB) stock fell two executives were leaving, unexplained outage

Facebook, Inc. (NASDAQ:FB) stock fell  two executives were leaving, unexplained outage

Facebook, Inc. (NASDAQ:FB) stock fell following an announcement that two executives were leaving the company In a post on Facebook, Chief Executive Mark Zuckerberg announced that the company’s Chief Product Officer, Chris Cox, has resigned. Zuckerberg also announced that Chris Daniels, vice president of the Facebook messaging app WhatsApp, is also leaving. Shayne Heffernan said ” the […]

Apple Inc. (NASDAQ:AAPL) iPhone Dependent

Apple Inc. (NASDAQ:AAPL)  iPhone Dependent

Apple Inc. (NASDAQ:AAPL) firm says the iPhone business remains a strong driver for the stock Add Cowen to a list of Apple bulls as analysts there see the steady iPhone business driving the stock another 20 percent higher. Cowen initiated coverage on Apple with an outperform rating and $220 12-month price target. The firm said the iPhone […]

Federal National Mortgage Association (OTC:FNMA) Can Go Higher

Federal National Mortgage Association (OTC:FNMA) Can Go Higher

Federal National Mortgage Association (OTC:FNMA) Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 3.30. The projected lower bound is: 2.27. The projected closing price is: 2.78. Candlesticks A white body occurred (because prices closed higher than they opened). During the past […]

United States Oil (USO) recent data revealed a weekly decline in domestic supplies

United States Oil (USO) recent data revealed a weekly decline in domestic supplies

United States Oil (USO) recent data revealed a weekly decline in domestic supplies Oil futures split ways on Thursday, with U.S. prices up a fourth straight session after recent data revealed a weekly decline in domestic supplies, but global prices ending lower in the wake of a reported delay in the U.S.-China trade discussions and […]

The Boeing Company (NYSE:BA) paused delivery of 737 Max airplanes

The Boeing Company (NYSE:BA) paused delivery of 737 Max airplanes

The Boeing Company (NYSE:BA) paused delivery of 737 Max airplanes Boeing has paused delivery of 737 Max airplanes due to the temporary grounding by the Federal Aviation Administration, the company announced Thursday. “We continue to build 737 Max airplanes, while assessing how the situation, including potential capacity constraints, will impact our production system,” the company said. […]

Alphabet Inc. (NASDAQ:GOOG) aims for the clouds

Alphabet Inc. (NASDAQ:GOOG) aims for the clouds

Alphabet Inc. (NASDAQ:GOOG) aims to leverage its parent’s cloud-computing platform Chronicle — the security startup spawned by Google-owner Alphabet (GOOGL) — aims to leverage its parent’s cloud-computing platform. Customers can set up “private clouds” storing their security data. Like sibling Google, Chronicle will use artificial-intelligence tools to analyze huge amounts of data. Shayne Heffernan said “the next battle in the […]

Dow Jones Industrial Average (.DJI) What Next?

Dow Jones Industrial Average (.DJI) What Next?

Dow Jones Industrial Average (.DJI) holding close to break even Stocks ended mixed Thursday as the three major stock indexes reacted to reports on stalled trade talks with China. President Trump had said he was no rush to complete a trade pact with China, but on Thursday both he and Treasury Secretary Steven Mnuchin said that discussions […]

NASDAQ Composite (.IXIC) United States and China Provide Mixed Signals

NASDAQ Composite (.IXIC) United States and China Provide Mixed Signals

NASDAQ Composite (.IXIC) mixed as uncertainty over when a trade deal between the United States and China would be reached clouded sentiment U.S. stocks flitted between gains and losses on Thursday as uncertainty over when a trade deal between the United States and China would be reached clouded sentiment. Wall Street’s main indexes briefly moved […]

LifeApps Brands Inc. (OTC:LFAP) Will Trade Over 20c

LifeApps Brands Inc. (OTC:LFAP) Will Trade Over 20c

LifeApps Brands Inc. (OTC:LFAP) Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 0.05. The projected upper bound is: 0.22. The projected lower bound is: 0.10. The projected closing price is: 0.16. Candlesticks A black body occurred […]

Tesla, Inc. (NASDAQ:TSLA) electric-car maker gets set to unveil its Model Y

Tesla, Inc. (NASDAQ:TSLA) electric-car maker gets set to unveil its Model Y

Tesla, Inc. (NASDAQ:TSLA) electric-car maker gets set to unveil its Model Y Tesla shares were up 1% Thursday as investors anticipated the rollout of the Model Y, a sports-utility-vehicle crossover which will share 75% of its parts with the Model 3.The unveiling event is set for 8 p.m. PT at the electric-car maker’s design center […]

Tianci International, Inc. (OTC:CIIT) Short Squeeze

Tianci International, Inc. (OTC:CIIT) Short Squeeze

Tianci International, Inc. (OTC:CIIT) Overall, the bias in prices is: Upwards. The projected upper bound is: 2.60. The projected lower bound is: 0.92. The projected closing price is: 1.31. Candlesticks During the past 10 bars, there have been 3 white candles and 4 black candles for a net of 1 black candles. During the past […]

Toga Limited (OTC:TOGL) on Way to $1

Toga Limited (OTC:TOGL) on Way to $1

Toga Limited (OTC:TOGL) Overall, the bias in prices is: Upwards By the way, prices are vulnerable to a correction towards 0.85. The projected upper bound is: 1.92. The projected lower bound is: 0.73. The projected closing price is: 0.82. Candlesticks A big black candle occurred. This is bearish, as prices closed significantly lower than they […]

NaturalShrimp Incorporated (OTC:SHMP) $1 Still Possible

NaturalShrimp Incorporated (OTC:SHMP) $1 Still Possible

NaturalShrimp Incorporated (OTC:SHMP) Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 1.53. The projected lower bound is: 0.15. The projected closing price is: 0.29. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, […]

YBCC, Inc. (OTC:YBAO) Expect Action Soon

YBCC, Inc. (OTC:YBAO) Expect Action Soon

YBCC, Inc. (OTC:YBAO) Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 1.42. The projected lower bound is: 0.15. The projected closing price is: 0.24. Candlesticks WARNING: These prices only contain closing prices. Thus, the candlestick analysis in this expert will be invalid (including the alerts, symbols, and this […]

Bitcoin: USD/BTC (BTC=X) lacking clear directional bias

Bitcoin: USD/BTC (BTC=X) lacking clear directional bias

Bitcoin: USD/BTC (BTC=X) lacking clear directional bias Bitcoin’s struggle for direction continues amid growing signs of a bull reversal in alternative cryptocurrencies. The leading cryptocurrency by market value is trapped in the range of $3,800 to $3,900 for a ninth straight day, contradicting the quick move toward the recent high of $4,190 suggested by the […]

British Pound: USD/GBP (GBP=X) Parliament asks government to rule out ‘no deal’ Brexit permanently

British Pound: USD/GBP (GBP=X) Parliament asks government to rule out ‘no deal’ Brexit permanently

British Pound: USD/GBP (GBP=X) Parliament asks government to rule out ‘no deal’ Brexit permanently UK lawmakers have voted to hypothetically take a ‘no deal’ Brexit off the table ‘for ever’ in a night of bruising losses for the government in the House of Commons that corresponded with another sharp rally in the value of the […]

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