USD/GBP (GBP=X) Dollar in Control, Carney and Powell in Focus

USD/GBP (GBP=X) Dollar in Control, Carney and Powell in Focus

USD/GBP (GBP=X) Dollar in Control, Carney and Powell in Focus – Elliot wave count hints at potential rebound – Keep an eye on Bank of England this week – Watch Fed’s Powell in Sintra, Portugal Pound Sterling slumped back towards May lows last week after the U.S. Dollar renewed its assault against international rivals and […]

GOLD 1 OZ (XAU=X) Downside Risks Persist After Friday Sell-Off

GOLD 1 OZ (XAU=X) Downside Risks Persist After Friday Sell-Off

GOLD 1 OZ (XAU=X) Downside Risks Persist After Friday Sell-Off Gold was again confined to relatively narrow ranges during the first half of the week, although the limited moves belied potentially important trends given important developments across wider asset classes. In this context, volatility increased sharply late in the week, with a slide to 2018 […]

USD/AUD (AUD=X) hits new lows as commodities break

USD/AUD (AUD=X) hits new lows as commodities break

USD/AUD (AUD=X) hits new lows as commodities break The Australian dollar has slipped a little further against its US counterpart as the spat between the US and China over trade hurts commodities and commodity currencies, including the Aussie. At 0635 AEST on Monday, the Australian dollar was worth 74.46 US cents, down from 74.57 US […]

SSE Composite Index (.SSEC) Falls to a 20 Month Low

SSE Composite Index (.SSEC) Falls to a 20 Month Low China’s benchmark Shanghai Composite index plumb a 20-month low, as investors worried about the economic damage from the trade tensions with the United State. Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 3,174.22. The projected upper […]

USD/SGD (SGD=X) Target 1.36

USD/SGD (SGD=X) Target 1.36

USD/SGD (SGD=X) Target 1.36 A daily close above 1.3450 will test key resistances at 1.3490, 1.3532 and 1.3587 levels respectively. Alternatively, a consistent close below 1.3450 will drag the parity down towards key support at 1.3390/1.3307/1.3255/1.3218/1.3120 levels respectively. Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend […]

What it Means to Be King of Thailand

What it Means to Be King of Thailand

What it Means to Be King of Thailand Assets previously registered to Thailand’s Crown Property Bureau will now be held “in the name of His Majesty”, the bureau said on its official website Saturday, the latest shake-up in royal affairs under King Maha Vajiralongkorn. The Crown Property Bureau said its assets will now be “subject […]

Ferrari’s (NYSE:RACE) Stock Broke Out Marking New 52 Wk Highs

Ferrari’s (NYSE:RACE) Stock Broke Out Marking New 52 Wk Highs

Ferrari’s (NYSE:RACE) Stock Broke Out Marking New 52 Wk Highs $RACE Ferrari is the world’s #1 Automotive Brand, and a Aristocrat stock. Ferrari (NYSE:RACE) marked a 52-wk high on the week, and now has 154.86 target or 4.00 % above Friday’s close in New York at 148.90/share. The chart is Very Bullish and indicates low risk […]

World Health Organization Found Inadequate Evidence That Coffee Causes Cancer

World Health Organization Found Inadequate Evidence That Coffee Causes Cancer

World Health Organization Found Inadequate Evidence That Coffee Causes Cancer California Moves to Declare Coffee Safe From Cancer Risk California officials bucked a recent court ruling Friday and offered reassurance to concerned coffee drinkers that their fix will not give them cancer. The unprecedented action by the Office of Environmental Health Hazard Assessment to propose […]

US Stocks Affected by Trade War

US Stocks Affected by Trade War

US trade groups and some large companies such as Boeing said Friday they were beginning to evaluate how new tariffs in the US-China trade spat could affect their operations. “We are assessing the impact these tariffs and any reciprocal action could have on our supply chain and commercial business,” said Boeing spokesman Charles Bickers. The […]

The 24 Hours of Le Man’s 2018

The 24 Hours of Le Man’s 2018

The 24 Hours of Le Man’s 2018 $RACE, $F The grid is set for this weekend’s running of the 24 Hours of Le Mans. Fully 23 former and current F1 drivers will take part in the 2018 Le Mans 24 hours race, including two world champions, Ferrari’s former lead driver Fernando Alonso and Jenson Button. Former […]

Ferrari (NYSE:RACE), Some Details on the New Hypercars

Ferrari (NYSE:RACE), Some Details on the New Hypercars

Ferrari (NYSE:RACE), Some Details on the New Hypercars $RACE, $F Last week we learned that Le Mans will have a new Top Class in Y 2020, with prototype design and road car looks, but the degree to which the class would balance was not unclear. Today, we have more details on how this will look […]

Ferrari (NYSE:RACE) on the Restoration of a $20-M SWB 250 California Spyder

Ferrari (NYSE:RACE) on the Restoration of a $20-M SWB 250 California Spyder

Ferrari (NYSE:RACE) on the Restoration of a $20-M SWB 250 California Spyder $RACE The UK’s DK Engineering has restored 2 SWB 250 California Spyders in the last 2 years. They found them to be the best Ferrari convertibles ever produced. The 1961-63 Ferrari 250 GT California Spyder is based on the 250 SWB Berlinetta, and the race-ready […]

President Trump’s Tariffs Having Minimal Effect on US Economy

President Trump’s Tariffs Having Minimal Effect on US Economy

President Trump’s Tariffs Having Minimal Effect on US Economy $DIA, $SPY, $QQQ, $RUTX, $VXX US President Donald Trump’s new trade tariffs will lop at most a couple of tenths of a percentage point off US growth and add a similar amount to inflation, small stuff for a $19-T economy that is experiencing its 2nd longest […]

Trade War Update

Trade War Update

Responding to US President Donald Trump’s decision to impose tariffs on $50 billion worth of Chinese imports, Beijing has adopted a 25 percent tariff on 659 American products worth the same amount. US agricultural products, fish and automobiles worth some $34 billion worth of US goods will kick in on July 6, with another $16 […]

Globalist IMF Attack Trump Trade Move

Globalist IMF Attack Trump Trade Move

Globalist IMF Attack Trump Trade Move The Trump administration’s new tariffs against imports threaten to undermine the rules-based global trading system and damage the global economy, the International Monetary Fund (IMF) said Thursday. Trump has long complained about China’s huge trade surplus with the United States. In a statement Friday, he said trade with China […]

Noble Vici Group, Inc OTCMKTS:NVGID 1000 to 1 Reverse Split

Noble Vici Group, Inc OTCMKTS:NVGID 1000 to 1 Reverse Split

Noble Vici Group, Inc OTCMKTS:NVGID 1000 to 1 Reverse Split Noble Vici Group Inc. (OTC: NVGI), a company that is focused on harnessing the opportunities in the digital revolution of IoT, Big Data, Blockchain and E-commerce, today announced that it has received from FINRA its confirmation to process its application for Reverse Stock Split application. […]

Apple Inc. (NASDAQ:AAPL) Stock under Close Observation

Apple Inc. (NASDAQ:AAPL) Stock under Close Observation

Apple Inc. (NASDAQ:AAPL) Stock under Close Observation 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 182.12. The projected upper bound is: 198.54. The projected lower bound is: 183.83. The projected closing price is: 191.18. Candlesticks A […]

Tesla, Inc. (NASDAQ:TSLA) Stepping onto Center Stage

Tesla, Inc. (NASDAQ:TSLA) Stepping onto Center Stage

Tesla, Inc. (NASDAQ:TSLA) Stepping onto Center Stage One of the trending stocks was Tesla, Inc. (NASDAQ:TSLA). The number of shares transacted for the day under observation was 9.39 million contracts. Over the past three months, the average daily trading volume came in at about 8.65 million shares per day. The regular trading started at $346.706 but […]

Alibaba Group Holding Limited (NYSE:BABA) Logistics Plays Can Strengthen Leadership in Chinese B2C E-Commerce Market

Alibaba Group Holding Limited (NYSE:BABA) Logistics Plays Can Strengthen Leadership in Chinese B2C E-Commerce Market

Alibaba Group Holding Limited (NYSE:BABA) Logistics Plays Can Strengthen Leadership in Chinese B2C E-Commerce Market Yesterday morning, Alibaba Group Holding Ltd (NYSE:BABA) unveiled new investment plans: the Chinese e-commerce king will shell out $15.6 billion for its Cainiao Logistics segment. As such, BABA will strengthen a logistic network one of Wall Street’s best performing analysts […]

Facebook, Inc. (NASDAQ:FB) Social network is now worth more than $565 billion

Facebook, Inc. (NASDAQ:FB) Social network is now worth more than $565 billion

Facebook, Inc. (NASDAQ:FB) Social network is now worth more than $565 billion Facebook’s stock hit a new all-time high on Thursday morning, completing a Wall Street recovery that has been months in the making, after the social network has grappled with the fallout of the Cambridge Analytica data leak. Shares of Facebook jumped nearly 2 […]

The NYSE Bitcoin Index (.NYXBT) Accepting cryptocurrency is good business

The NYSE Bitcoin Index (.NYXBT) Accepting cryptocurrency is good business

The NYSE Bitcoin Index (.NYXBT) Accepting cryptocurrency is good business Prices are creeping back into the green for most of the top cryptocurrencies this week, posting small gains of one or two percent in the early hours. Prices dropped when South Korean Cryptocurrency exchange CoinRail was hacked, losing an estimated $28 million in lesser-known altcoins. Bitcoin prices have […]

Alphabet Inc. (NASDAQ:GOOG) Short Term Trend Watch

Alphabet Inc. (NASDAQ:GOOG) Short Term Trend Watch

Alphabet Inc. (NASDAQ:GOOG) Short Term Trend Watch Shares of Alphabet Inc. (GOOG) moved -0.40% in the recent trading day. Last trading transaction put the stock price at $1134.79. After going under observation of traders 1.51 million shares traded at hands. Volume gives an investor an inspiration of the price action of a security and whether he should […]

NASDAQ Composite (.IXIC) Notches New Record

NASDAQ Composite (.IXIC) Notches New Record

NASDAQ Composite (.IXIC) Notches New Record Thursday’s session closes with the NASDAQ Composite Index reaching a historical high. The index closed at 7,761.04 up 65.34 for the day. The index had a previous high 7703.79386 on 06/12/2018. The total shares traded for the NASDAQ was over 2.26 billion. Advancers stocks led declining by 1.34 to […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA not meeting expectations yet. PE DJIA at 25175.31, -0.10% has not broken above 25500 and look like it wants to test to 25000 in here, contrary to expectation of a rise to 25750 +. Now, the psych support at 25000 is Key, and a bounce from there could take […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold is ranged but may break out to the Northside. PE Gold at 1302.10 moved above 1300. While the rise continues, Gold may break out to 1320-1325 near term. ICE Brent Crude at 75.84 and NYMEX WTI Crude at 66.94 both dipped a bit and […]

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $COPF, $NUS, $ROKU, $SPOT, $WYND Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Street’s Top analysts outlook for Key issues for Friday, as […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities traded lower Thursday, as investors focused on renewed trade tensions between the US and China. The Trump Administration is moving forward on placing $50-B of tariffs on Chinese on a list of 800 items, albeit lessened from 1300 items on […]

Ferrari (NYSE:RACE) Vs Ford at Le Mans

Ferrari (NYSE:RACE) Vs Ford at Le Mans

Ferrari (NYSE:RACE) Vs Ford at Le Mans $RACE, $F For sure the Ford Vs Ferrari battles we have seen in recent times are not as iconic as the battles that took place back in the 1960’s, as pictured above. AJ Baime detailed them beautifully in his book titled Go Like Hell: Ford, Ferrari and their […]

F1: Ferrari (NYSE:RACE) Resolves Fuel Consumption Issue

F1: Ferrari (NYSE:RACE) Resolves Fuel Consumption Issue

F1: Ferrari (NYSE:RACE) Resolves Fuel Consumption Issue $RACE The Big Q: Did the upgraded Ferrari F1 engine run at the Canadian GP resolve the fuel consumption issue they had in the beginning of the season? The Big A: That is a complex question. This is how the experts see it: As well as simply improving the […]

Shanghai: SSE Composite Index (.SSEC) Composite down 0.18%

Shanghai: SSE Composite Index (.SSEC)  Composite down 0.18%

Shanghai: SSE Composite Index (.SSEC) Composite down 0.18% China equities were lower at the close on Thursday, as losses in the Technology Hardware & Equipment, Technology and Real Estate Investments & Services sectors propelled shares lower. At the close in Shanghai, the Shanghai Composite lost 0.17%, while the SZSE Component index fell 0.76%. The biggest […]

Australia: S&P/ASX 200 (.AXJO) to open higher, $A drops

Australia: S&P/ASX 200 (.AXJO) to open higher, $A drops

Australia: S&P/ASX 200 (.AXJO) to open higher, $A drops Australian shares are poised to lift, as Nasdaq powered higher on a tech rally. The $A retreated more than 1 per cent amid a widening difference in yield between the US and Australia. ASX futures were up 33 points at 6.30am AEST. Today’s Agenda Local data: RBA assistant […]

Singapore: STI Index (.STI) shares close 1% lower on Thursday

Singapore: STI Index (.STI) shares close 1% lower on Thursday

Singapore: STI Index (.STI) shares close 1% lower on Thursday SHARE prices in the Singapore bourse – alongside regional peers – were splashed in red ink on Thursday ahead of the Eid holiday, after the US Federal Reserve hiked rates and spotted a more hawkish tone in projections while rising trade fears and weak Chinese […]

SILVER 1 OZ 999 NY (XAG=X) Prices Rally, Ignoring Rebounding U.S. Dollar

SILVER 1 OZ 999 NY (XAG=X) Prices Rally, Ignoring Rebounding U.S. Dollar

SILVER 1 OZ 999 NY (XAG=X) Prices Rally, Ignoring Rebounding U.S. Dollar Gold and silver prices are moderately higher in early U.S. trading Thursday, despite a solid rebound in the U.S. dollar as the U.S. day session gets under way. Gold prices hit a four-week high and silver hit a seven-week high today. Bargain hunting […]

Hong Kong: HANG SENG INDEX (.HSI) swing lower after Fed rate hike

Hong Kong: HANG SENG INDEX (.HSI) swing lower after Fed rate hike

Hong Kong: HANG SENG INDEX (.HSI) swing lower after Fed rate hike Asian stock markets finished lower Thursday after the U.S. Federal Reserve indicated two more rate hikes are coming later this year, and as Chinese economic data missed expectations. Hong Kong’s Hang Seng Index HSI, -0.93% fell 0.9%. The Shanghai Composite SHCOMP, -0.18% lost […]

GOLD 1 OZ (XAU=X) Upside Potential For Gold Prices

GOLD 1 OZ (XAU=X) Upside Potential For Gold Prices

GOLD 1 OZ (XAU=X) Upside Potential For Gold Prices Gold is poised to climb in the months ahead despite another U.S. interest-rate hike on Wednesday and prospects for further monetary tightening, said two banks in research notes Thursday. Following the seventh U.S. rate hike this cycle and with the promise of two more before year-end, I […]

USD/SGD (SGD=X) continues to trade in rigid boundaries, stay neutral

USD/SGD (SGD=X) continues to trade in rigid boundaries, stay neutral

USD/SGD (SGD=X) continues to trade in rigid boundaries, stay neutral USD/SGD is currently trading around 1.3362 marks. It made intraday high at 1.3373 and low at 1.3346 levels. Intraday bias remains neutral till the time pair holds key support at 1.3325 mark. A daily close above 1.3370 will test key resistances at 1.3438, 1.3490, 1.3532 […]

USD/KRW (KRW=X) gained against the dollar

USD/KRW (KRW=X) gained against the dollar

USD/KRW (KRW=X) gained against the dollar The South Korean won also gained against the dollar, with USD/KRW losing 0.24% to 1,083.35. Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a correction towards 1,076.46. The projected upper bound is: 1,105.34. The projected lower bound is: 1,075.90. The projected closing price is: 1,090.62. […]

USD/JPY (JPY=X) bulls hesitate, but don’t give up ahead of BOJ

USD/JPY (JPY=X) bulls hesitate, but don’t give up ahead of BOJ

USD/JPY (JPY=X) bulls hesitate, but don’t give up ahead of BOJ USD benefited from solid local data but also from an ultra-dovish ECB. BOJ expected to maintain the status quo after reducing again its bond-buying. The USD/JPY pair has trimmed its Wednesday losses entering positive territory mid-US session, after bottoming at 109.91. The recovery was […]

USD/CNY (CNY=X) Surprising Rate Decision

USD/CNY (CNY=X) Surprising Rate Decision

USD/CNY (CNY=X) Surprising Rate Decision The unexpected move by the People’s Bank of China to maintain borrowing costs is a sign of confidence the yuan can withstand selling pressure, according to analysts. The PBOC on Thursday kept yuan funding costs on hold even after its U.S. counterpart pushed dollar rates higher and forecast a faster […]

USD/EUR (EUR=X) below 1.20 for an extended period on ECB rate guidance

USD/EUR (EUR=X) below 1.20 for an extended period on ECB rate guidance

USD/EUR (EUR=X) below 1.20 for an extended period on ECB rate guidance After today’s ECB meeting, analysts from Danske Bank explained that it is the new time dependent rate guidance that is key for the euro. Key Quotes: “A short-lived knee-jerk move higher in EUR/USD on the QE end-date announcement but this quickly more than reversed as the rate guidance […]

USD/AUD (AUD=X) breaks below 0.7500 level, worst daily decline since mid-March

USD/AUD (AUD=X) breaks below 0.7500 level, worst daily decline since mid-March

USD/AUD (AUD=X) breaks below 0.7500 level, worst daily decline since mid-March AUD/USD broke below 0.7500 and is continuing the free fall. The next likely support is located at 0.7476 May 29 swing low and at 0.7412 May’s low. AUD/USD is probably en route to its worst daily decline since mid-March, this Thursday. However, if the Aussie […]

USD/GBP (GBP=X) stays under pressure below 1.33 as greenback preserves its strength

USD/GBP (GBP=X) stays under pressure below 1.33 as greenback preserves its strength

USD/GBP (GBP=X) stays under pressure below 1.33 as greenback preserves its strength GBP/USD erases more than 150 pips from its daily highs. US Dollar Index approaches the critical 95 mark. UK government official expects a desired Brexit outcome. The USD’s strength remains as the main theme of the FX space on Thursday. The GBP/USD pair, which touched […]

If You Do Not Know What Bitcoin is, Read This Please

If You Do Not Know What Bitcoin is, Read This Please

If You Do Not Know What Bitcoin is, Read This Please $BTCUSD, $ETHUSD, $CME, $CBOE, $V, $MA If you are 1 of those people who do not know what Bitcoin and other cryptocurrencies are read this, as there is a keen international interest in this nascent digital asset. Interest in digital currency has expanded over […]

Facebook, Inc. (NASDAQ:FB) COB and CEO Mark Zuckerberg Sold $130.1 million of Shares

Facebook, Inc. (NASDAQ:FB) COB and CEO Mark Zuckerberg Sold $130.1 million of Shares

Facebook, Inc. (NASDAQ:FB) COB and CEO Mark Zuckerberg Sold $130.1 million of Shares COB and CEO of Facebook Inc (NASDAQ:FB) Mark Zuckerberg sold 677,000 shares of FB on 06/13/2018 at an average price of $192.18 a share. The total sale was $130.1 million. Facebook Inc is the world’s largest online social network. Its products are Facebook, Instagram, […]

Twitter, Inc. (NYSE:TWTR) is easily a $50 stock

Twitter, Inc. (NYSE:TWTR) is easily a $50 stock

Twitter, Inc. (NYSE:TWTR) is easily a $50 stock Twitter hit its highest level in more than three years on Tuesday as JPMorgan raised its target on the stock to $50 — a 20.7% upside from Monday’s closing price. “We are raising our estimates on Twitter shares as we believe advertising momentum is strengthening, particularly among large […]

The NYSE Bitcoin Index (.NYXBT) Price Sinks to $6,107 as Sell-Off Continues

The NYSE Bitcoin Index (.NYXBT) Price Sinks to $6,107 as Sell-Off Continues

The NYSE Bitcoin Index (.NYXBT) Price Sinks to $6,107 as Sell-Off Continues The bitcoin price continued to barrel through support levels on Wednesday, pushing the flagship cryptocurrency within about $100 of its year-to-date low. Bitcoin had entered the day on a downward trajectory, and — to no one’s surprise — continued to shed weight throughout […]

Dow Jones Industrial Average (.DJI) Wall Street slips as Fed lifts rates again

Dow Jones Industrial Average (.DJI) Wall Street slips as Fed lifts rates again

Dow Jones Industrial Average (.DJI) Wall Street slips as Fed lifts rates again US stock benchmarks slipped on Wednesday after the Federal Reserve raised interest rates as expected, but signalled a slightly more aggressive plan to tighten monetary policy in the coming months. The Dow Jones Industrial Average slumped 120 points, or 0.5%, to 25,201. […]

Alphabet Inc. (NASDAQ:GOOG) Vulnerable to a Correction Towards 1,091.47

Alphabet Inc. (NASDAQ:GOOG) Vulnerable to a Correction Towards 1,091.47

Alphabet Inc. (NASDAQ:GOOG) Vulnerable to a Correction Towards 1,091.47 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 1,091.47. The projected upper bound is: 1,182.66. The projected lower bound is: 1,091.77. The projected closing price is: 1,137.22. […]

USD/BTC (BTC=X) BTC/USD recovery stalled

USD/BTC (BTC=X) BTC/USD recovery stalled

USD/BTC (BTC=X) BTC/USD recovery stalled From the longer term perspective, BTC/USD moved below $6,483 and reached the new low of 2018, which looks pretty gloomy. The price is trapped within the upper channel of downside Andrew’s Pitchfork with further downside potential towards $5,600 and $4,000 (median line). A sustainable movement above $7,000 is needed to […]

NASDAQ Composite (.IXIC) Stock futures lower after latest interest rate hike

NASDAQ Composite (.IXIC) Stock futures lower after latest interest rate hike

NASDAQ Composite (.IXIC) Stock futures lower after latest interest rate hike U.S. stocks remained under pressure Thursday after the U.S. Federal Reserve moved, as expected, increasing interest rates by 25 basis points. Dow Jones futures were lower by 0.21%. The S&P 500 was down 0.23% and the Nasdaq Composite was off 0.32%. While the hike […]

Soros Buying New York Times

Soros Buying New York Times

Billionaire liberal financier and political meddler George Soros has purchased $3 million-worth of stock holdings in the publisher of the New York Times, the investor’s first such purchase in over a decade. Soros bought 126,400 shares in the New York Times Company through Soros Fund Management LLC, his investing firm. According to a filing to […]

Apple Vs FBI a Battle they Might Lose

Apple Vs FBI a Battle they Might Lose

Apple Vs FBI a Battle they Might Lose Apple said Wednesday it was strengthening encryption on its iPhones to thwart police efforts to unlock handsets without legitimate authorization, a battle it may well lose. The move by Apple, the latest in an ongoing clash with law enforcement, comes amid reports of growing use of a […]

Ferrari (NYSE:RACE) is an Aristocrat stock, it Pays Dividends

Ferrari (NYSE:RACE) is an Aristocrat stock, it Pays Dividends

Ferrari (NYSE:RACE) is an Aristocrat stock, it Pays Dividends $RACE Ferrari is HeffX-LTN’s Stock of the Year, sees a Bullish Breakout, there is no resistance. Ferrari (NYSE:RACE) is HeffX-LTN’s stock of the Year fueled by accelerating earnings growth. The iconic Italian Supercar maker’s shares rallied 2.4% to 143.96 on NYSE Wednesday breaking overhead resistance at 141.66 in it […]

SSE Composite Index (.SSEC) Shanghai Composite down 0.97%

SSE Composite Index (.SSEC) Shanghai Composite down 0.97%

SSE Composite Index (.SSEC) Shanghai Composite down 0.97% China stocks were lower after the close on Wednesday, as losses in the Software & Computer Services, Technology and Telecoms sectors led shares lower. At the close in Shanghai, the Shanghai Composite lost 0.97%, while the SZSE Component index lost 1.49%. The best performers of the session […]

United States Oil (USO) Up as Petroleum Inventories Take a Surprise Dive

United States Oil (USO) Up as Petroleum Inventories Take a Surprise Dive

United States Oil (USO) Up as Petroleum Inventories Take a Surprise Dive The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories decreased by 4.1 million barrels last week, maintaining a total U.S. commercial crude inventory of 432.4 million barrels. The commercial crude inventory remains […]

USD/CAD (CAD=X) market continues to hang about the 1.30 level

USD/CAD (CAD=X) market continues to hang about the 1.30 level

USD/CAD (CAD=X) market continues to hang about the 1.30 level The US dollar has gone back and forth during the trading session on Tuesday, as we await oil inventory figure numbers, a resolution to the recent spat between Justin Trudeau and Donald Trump, and of course the overall economic situation in the two countries. Interest […]

USD/GBP (GBP=X) heading for a test of the 200-hr SMA ahead of the FOMC

USD/GBP (GBP=X) heading for a test of the 200-hr SMA ahead of the FOMC

USD/GBP (GBP=X) heading for a test of the 200-hr SMA ahead of the FOMC GBP/USD entered NY heavy, falling from 1.3366 to 1.3308 the low after the market felt that the CPI data, slightly lower than forecasts but unchanged from April’s reading, was not enough for the BoE to think about raising rates in August. UK CPI […]

USD/AUD (AUD=X) Looks For Traction From Stronger Employment Growth, Lower Unemployment

USD/AUD (AUD=X) Looks For Traction From Stronger Employment Growth, Lower Unemployment

USD/AUD (AUD=X) Looks For Traction From Stronger Employment Growth, Lower Unemployment The Australian Dollar rose against a majority of developed world currencies Wednesday, recovering from an overnight slump, as traders took up positions ahead of the latest volley of labour market data from down under that is due for release at 02:30 am London time […]

USD/EUR (EUR=X) Rate Seen Straitjacketed by Italy this Summer but Better Days are Ahead Later in 2018

USD/EUR (EUR=X) Rate Seen Straitjacketed by Italy this Summer but Better Days are Ahead Later in 2018

USD/EUR (EUR=X) Rate Seen Straitjacketed by Italy this Summer but Better Days are Ahead Later in 2018 EUR/USD will be restrained this summer by political risks in Italy. But can rise in second half of 2018 as ECB ends QE programme. Although forecasts suggest upside is more limited than before. The Euro-to-Dollar rate will be […]

GOLD 1 OZ (XAU=X) Potential For Gold-Price Rally Continues To Build

GOLD 1 OZ (XAU=X) Potential For Gold-Price Rally Continues To Build

GOLD 1 OZ (XAU=X) Potential For Gold-Price Rally Continues To Build Although gold’s near-term fortunes lie in the hands of the Federal Reserve, one commodity analyst says that the market is building significant upside momentum. In a report Wednesday, ahead of the Fed’s monetary policy decision, Ole Hansen, head of commodity strategy at Saxo Bank, said […]

S&P/ASX 200 (.AXJO) futures turn lower, Fed signals two more rate hikes this year

S&P/ASX 200 (.AXJO) futures turn lower, Fed signals two more rate hikes this year

S&P/ASX 200 (.AXJO) futures turn lower, Fed signals two more rate hikes this year ASX futures turned lower after US stocks extended losses into the close as the Fed signalled it will increase the pace at least this year at which it will lift rates higher. ASX futures were down 7 points at 6.30am AEST, reversing a gain […]

USD/JPY (JPY=X) capped at 110.80/90 post FOMC as being the descending channel’s resistance line

USD/JPY (JPY=X) capped at 110.80/90 post FOMC as being the descending channel’s resistance line

USD/JPY (JPY=X) capped at 110.80/90 post FOMC as being the descending channel’s resistance line On paper a hawkish Fed should be bullish for the USD/JPY. Rising interest rates should widen the spread between U.S. Government Bonds and Japanese Government Bonds, making the U.S. Dollar a more attractive investment. The Dollar/Yen reached its highest level since […]

FOMC Acknowledges Growing Inflation Ending Crisis-Era Guidance

FOMC Acknowledges Growing Inflation Ending Crisis-Era Guidance

FOMC Acknowledges Growing Inflation Ending Crisis-Era Guidance $DIA, $SPY, $QQQ, $RUTX, $VXX The Fed raised it overnight fed funds rates Wednesday shifting from policies used to battle the 2007-2009 financial crisis and recession. In raising its benchmark overnight lending rate a 1/4 bpt to a range of between 1.75 and 2%, the FOMC dropped its […]

Trump Wins Again: China to Buy More

Trump Wins Again: China to Buy More

China will take a slew of incentives to further boost imports so as to drive domestic industrial upgrading and better meet the increasingly diversified consumption demands of people, the State Council decided at an executive meeting chaired by Premier Li Keqiang on Wednesday. These measures are expected to advance China’s win-win strategy of opening up. […]

Oil Prices and OPEC

Oil Prices and OPEC

US President Donald Trump on Wednesday accused the Organization of Petroleum Exporting Countries of driving up oil prices, in a fresh swipe at the cartel’s agreement to cap production. “Oil prices are too high, OPEC is at it again. Not good!” he wrote on Twitter. Oil prices peaked in late May, hitting the $80 per […]

VenVici Singapore’s Crowdsourcing Specialist

VenVici Singapore’s Crowdsourcing Specialist

VenVici Singapore’s Crowdsourcing Specialist VenVici is a crowdsourcing specialist company that uses a proprietary system called ‘Affiliate Incentivized Marketing’ (AIM) to promote products. AIM combines the efficiency of ‘Affiliate Marketing’ with the effectiveness of ‘Incentive Marketing’ – this reinvented business model is unprecedented globally. In Affiliate Marketing, the advertising dollar is paid out to affiliates […]

Tesla, Inc. (NASDAQ:TSLA) Climbs 3.21% Time to Sell

Tesla, Inc. (NASDAQ:TSLA) Climbs 3.21% Time to Sell

Tesla, Inc. (NASDAQ:TSLA) Climbs 3.21% Time to Sell Tesla is making significant progress in ramping up production of its Model 3 electric car, according to one Wall Street firm, but that looks to be hype. KeyBanc Capital Markets significantly raised its second-quarter Model 3 delivery estimate to 30,000 from 20,000, citing its conversations with Tesla dealers. […]

Weight Watchers International, Inc. (NYSE:WTW) rallying more than 20% as it adds more ‘influencers’ like Oprah

Weight Watchers International, Inc. (NYSE:WTW) rallying more than 20% as it adds more ‘influencers’ like Oprah

Weight Watchers International, Inc. (NYSE:WTW) rallying more than 20% as it adds more ‘influencers’ like Oprah J.P. Morgan added Weight Watchers to the firm’s list of “overweight” stocks, saying the weight loss company is poised for “outsized” growth as it looks to add more big-name celebrities through its partnership with Oprah Winfrey. “Management stabilized the trajectory … […]

NASDAQ Composite (.IXIC) Historical high reached as NASDAQ Composite Index closes at 7,703.79

NASDAQ Composite (.IXIC) Historical high reached as NASDAQ Composite Index closes at 7,703.79

NASDAQ Composite (.IXIC) Historical high reached as NASDAQ Composite Index closes at 7,703.79 Tuesday’s session closes with the NASDAQ Composite Index reaching a historical high. The index closed at 7,703.79 up 43.86 for the day. The index had a previous high 7689.24331 on 06/06/2018. The total shares traded for the NASDAQ was over 1.99 billion. […]

AT&T Inc. (NYSE:T) ruling boosts stocks of other mega-merger targets in after-hours trading

AT&T Inc. (NYSE:T) ruling boosts stocks of other mega-merger targets in after-hours trading

AT&T Inc. (NYSE:T) ruling boosts stocks of other mega-merger targets in after-hours trading Tuesday’s court ruling that AT&T Inc. can proceed with its nearly $85 billion acquisition of Time Warner Inc. could open the floodgates to a wave of mega-mergers, and investors wasted no time in betting on the future in after-hours trading. Shares of […]

Alphabet Inc. (NASDAQ:GOOG) Stock Shrug Off Trump-Kim Talks

Alphabet Inc. (NASDAQ:GOOG) Stock Shrug Off Trump-Kim Talks

Alphabet Inc. (NASDAQ:GOOG) Stock Shrug Off Trump-Kim Talks It’s back to the Hill for major tech giants. The House Judiciary Committee is recalling representatives from Google (GOOG +0.6%, GOOGL +0.5%), Facebook (FB +0.9%) and Twitter (TWTR +6.3%) to testify June 26 in a hearing it’s planning to address anti-conservative bias, Bloomberg notes. Yesterday, Facebook delivered […]

Dow Jones Industrial Average (.DJI) Switched Between Small Gains and Losses

Dow Jones Industrial Average (.DJI) Switched Between Small Gains and Losses

Dow Jones Industrial Average (.DJI) Switched Between Small Gains and Losses The Dow Jones Industrial Average DJIA, -0.01%  switched between small gains and losses, but failed to snag a fifth straight day of gains after closing fractionally lower at 25,320.73. Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a correction towards 24,750.53. […]

Twitter, Inc. (NYSE:TWTR) Advances 5%

Twitter, Inc. (NYSE:TWTR) Advances 5%

Twitter, Inc. (NYSE:TWTR) Advances 5% Twitter stock rallied to a three-year high in the low $40s on Monday but is quickly approaching resistance that’s likely to trigger a multi-month reversal that traps trend followers who have booked impressive returns since the social media giant broke out in February. As a result, placing trailing stops or […]

How Expensive is Facebook, Inc. (NASDAQ:FB) Stock

How Expensive is Facebook, Inc. (NASDAQ:FB) Stock

How Expensive is Facebook, Inc. (NASDAQ:FB) Stock Facebook, Inc. (FB)stock price traded Upswing on volume of 12.93 million shares in recent session. Shares are clocking price at $191.54 with change of 1.29%. The company’s 3-months average volume stands at 33.45 million. When we divide the last trade volume by the 3-month average volume, we found […]

Alibaba Group Holding Limited (NYSE:BABA) has a value of $205.70 per share

Alibaba Group Holding Limited (NYSE:BABA) has a value of $205.70 per share

Alibaba Group Holding Limited (NYSE:BABA) has a value of $205.70 per share In latest trading activity; Alibaba Group Holding Limited (BABA)snatched the consideration from Investors, when its current beneficial picture was seen that is promoting good health. The stock price is showing encouraging image with current supportive move of 0.31% at trading price of $205.70. Active […]

Real Estate Trouble in Hong Kong

Real Estate Trouble in Hong Kong

As housing prices spiral in Hong Kong, young professionals are living in ever-shrinking spaces, with box-like “nano-flats” and co-shares touted as fashionable solutions. Blocks of sleek miniature apartments packed with mod cons are springing up around the densely packed city, pitched as an attractive and more affordable lifestyle choice, but still at an eye-watering cost. […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 25320.73, -0.0062%, and DAX 12842.30, -0.0048% look stable with a slight dip from Tuesday’s marks Upside for DIA is open to 25750, while DAX could say stable this week. Note: Watch Key resistance  12900 and 13100 on DAX. Nikkei at 22934.58, +0.25% is up and […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold is still ranged. PE Gold at 1295.06 is still ranged in here, while it trades below 1300, the precious Yellow could fall to 1290-1285 near term. Copper at 3.2284 trades lower, the Red metal price could dip to 3.20 and pause. Then a […]

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $APA, $XEC, $COP, $FDC Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Street’s Top analysts outlook for Key issues for Thursday, as follows: […]

Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities traded higher Tuesday, with Wheat futures rising more than 3% after the US Department of Agriculture (USDA) cut its estimate for production in top exporter Russia. Corn futures rose more than 2%, while Soybean marked modest gains in the wake of […]

China and ASEAN Move Closer

China and ASEAN Move Closer

China and the Association of Southeast Asian Nations (ASEAN) will expand cooperation in various fields and forge a closer community with a shared future, said Chinese State Councilor and Foreign Minister Wang Yi on Tuesday. He made the remarks while holding talks with Secretary-General of ASEAN Lim Jock Hoi in Beijing. China and ASEAN would […]

Expect China to Grow Faster

Expect China to Grow Faster

China should speed up economic upgrade and push industrial transfers in a reasonable and orderly manner, Chinese Premier Li Keqiang has stressed. Good business environment, rather than favorable policies, should be the key to win businesses in industrial transfers, Li said during a two-day inspection trip to central China’s Hunan Province, which ended Tuesday. He […]

E3 2018 Opens Today

E3 2018 opens its doors today to eager fans across the globe. More than 60,000 attendees from more than 100 countries, and millions more watching online, will celebrate and discover the newest titles and technology at the world’s premiere showcase for video games. E3 is owned and produced by the Entertainment Software Association (ESA), the […]

Ferrari (NYSE:RACE) World Record Priced 250GTO’s New Owner

Ferrari (NYSE:RACE) World Record Priced 250GTO’s New Owner

Ferrari (NYSE:RACE) World Record Priced 250GTO’s New Owner $RACE Two weeks ago, when the news broke of the $70-M sale of the 1963 Ferrari 250 GTO s/n 4153, speculation abounded as to its new owner, as it was a private treaty transaction. Soon, word leaked out that the buyer is David MacNeil. The Big Q: […]