Let’s Focus on the DJIA

Let’s Focus on the DJIA






Let’s Focus on the DJIA $DIA Since the beginning of this week, the US stock market has been compressing between 2 converging H-4 trendlines at 18971 and 18808 respectively, forming a possible Bullish Pennant formation. This technical pattern is considered by most of us to be a continuation setup. Therefore, should the DJIA close above […]






Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher






Chicago Agriculture Commodities Finished Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished higher Tuesday, buoyed by widespread buying and investor short-covering ahead of a closely-watched crop report and results from the US Presidential election. The most active Corn contract for December delivery rose 8 cents, or 2.31%, to 3.5425 bu. […]






Business Spending Dives, Durable Goods Orders Fall, Recession Looms

Business Spending Dives, Durable Goods Orders Fall, Recession Looms






Business Spending Dives, Durable Goods Orders Fall, Recession Looms $DIA, $SPY, $QQQ, $VXX Orders for big-ticket manufactured goods dipped in September as a Key category that tracks business investment fell by the largest amount in 7 months. Orders for durable goods edged down 0.1% in September after gains of 0.3% in August and 3.6% in […]






Gold Up, in Anticipation of US Fed Standing ‘Pat’

Gold Up, in Anticipation of US Fed Standing ‘Pat’






Gold Up, in Anticipation of US Fed Standing ‘Pat’ $GLD, $GDX, $JDST Gold is valued as unequalled material for jewelry, storing wealth and growing  industrial uses. Gold prices rose Monday, as the USD slipped Vs a basket of currencies, as the market awaits clues on timing of an increase in US interest rates. Spot Gold was up […]






Weak Crude Oil Prices Mirror US’s Weak Economy

Weak Crude Oil Prices Mirror US’s Weak Economy






Weak Crude Oil Prices Mirror US’s Weak Economy $DIA, $SPY, $QQQ, $VXX, $USO Late last month the US Energy Information Administration (EIA) reported that it was overstating domestic demand for Crude Oil and energy products to a “considerable degree”. Using imprecise and lagging data, the calculations for the amount of product being exported overseas was […]






Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed






Chicago Agriculture Commodities Finished Mixed $CORN, $SOYB, $WEAT Chicago Board of Trade (CBOT) grain futures finished mixed Monday, with Corn and Soybean futures falling, and Wheat futures rising. The most active Corn contract for December delivery fell 1.5 cents, or 0.44%, to 3.395 bu. December Wheat delivery rose 5.75 cents, or 1.43%, to 4.0925 bu. […]






Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower






Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) grains futures finished lower Tuesday, weighed down by signs that US crops are in Prime health as the Fall harvest nears. The most active Corn contract for December delivery was down 5.25 cents, or 1.53%, to 3.3725 bu. December Wheat delivery fell […]






NYC, Commercial Real Estate Capital of the World

NYC, Commercial Real Estate Capital of the World






NYC, Commercial Real Estate Capital of the World $JLL New York has knocked off London as the world’s premier city for FDI (foreign investment) in commercial real estate due to fears the vote to leave the EU aka Brexit, will diminish the British capital’s appeal as a global financial center. Data on cross-border property transactions […]






The US Consumer Pauses, Spending Halts, Economy Stalls

The US Consumer Pauses, Spending Halts, Economy Stalls






The US Consumer Pauses, Spending Halts, Economy Stalls $DIA, $SPY, $QQQ, $VXX “The consumer paused in July and with price pressures soft, the Fed members will probably gain a few more grey hairs.” — Joel Naroff, Economist The Consumer Data: July Retail Sales and Wholesale Prices Sales: 0%; Excluding Vehicles: -0.3%/ PPI: -0.4% Excluding Food […]






Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed






Chicago Agriculture Commodities Finished Mixed $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) grains futures closed mixed Thursday, with Soybean firming on signs of resurgent export demand. Corn drifted lower in subdued trade as the market awaited Key monthly reports due Friday from the US Department of Agriculture (USDA). Wheat fell on plentiful supplies and […]






Ferrari’s Supercars Driving Record Breaking Earnings

Ferrari’s Supercars Driving Record Breaking Earnings






Ferrari’s Supercars Driving Record Breaking Earnings $RACE Iconic Italian automaker Ferrari, NV (NYSE:RACE) posted better-than-expected Quarterly numbers last Tuesday, helped by strong demand for its Supercars from Europe and China and margins strengthened by Special Edition and Tailor Made examples. The business that was spun off from Fiat Chrysler Automobiles (NYSE:FCAU), confirmed its full-year revenue […]






FBI Reports Record Number Gun Buyer Background Checks in July

FBI Reports Record Number Gun Buyer Background Checks in July






FBI Reports Record Number Gun Buyer Background Checks in July $SWHC, $RGR July was the 15 month running with a record number of background checks for gun purchases in the US, according to data released by the FBI. The agency’s National Instant Criminal Background Check System (NICS) processed 2,197,169 requests in July, about 66,000 more […]






US Demand for Autos Fall in July

US Demand for Autos Fall in July






US Demand for Autos Fall in July $GM, $F, $HMC, $TM, $VLKAY US auto sales drop in July as hot weather and softening demand kept buyers at home. Major automakers have reported July sales that fell short of expectations, which has reinforced worries that the market may have peaked with last year’s record numbers. Kelley Blue […]






Crude Oil Prices Dive on Global Supply Glut

Crude Oil Prices Dive on Global Supply Glut






Crude Oil Prices Dive on Global Supply Glut $OIL, $USO, $BHI World Crude Oil prices suffered big losses Monday, with the WTI Crude Oil marking below 40 bbl for the 1st time since April, as a survey showed that output in the Organization of the Petroleum Exporting Countries (OPEC) reached record highs last month. Production […]






Raise Rates, Don’t Raise Rates, Who’s Right?

Raise Rates, Don’t Raise Rates, Who’s Right?






Raise Rates, Don’t Raise Rates, Who’s Right? $DIA, $SPY, $QQQ, $VXX There are those economists that argue that the US Fed should take an unconventional approach to ending a long period of below-target inflation: that being that instead of keeping interest rates low to drive economic activity and push up prices, it should raise interest […]






Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher






Chicago Agriculture Commodities Finished Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) Corn, Wheat and Soybean all finished higher Tuesday after the US Department of Agriculture (USDA) released its monthly World Agricultural Supply and Demand Estimates (WASDE) Report. The most active Corn contract for December delivery added 4.75 cents, or 1.34%, to 3.6025 bu. […]






M-Commerce is “Retail in Your Pocket”

M-Commerce is “Retail in Your Pocket”






M-Commerce is “Retail in Your Pocket” $WMT, $BAC Back in Y 1997 at the launch of the Global Mobile Commerce Forum, Kevin Duffey coined the phrase ‘Mobile Commerce” meaning “the delivery of electronic commerce capabilities directly into the consumer’s hand (pocket), anywhere, via wireless technology.” I took that to mean a retail outlet in your consumer’s pocket. […]






Chicago Agriculture Commodities Finished Lower Monday

Chicago Agriculture Commodities Finished Lower Monday






Chicago Agriculture Commodities Finished Lower Monday $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) Corn, Wheat and Soybean finished lower Monday before the US Department of Agriculture’s monthly World Agricultural Supply and Demand Estimates Report and crop progress report. The most active Corn contract for December delivery was lower of 7 cents, or 1.93%, to […]






June US Automobile Sales Disappoint

June US Automobile Sales Disappoint






June US Automobile Sales Disappoint $F, $GM, $TMC, $VLKAY, $HMC Consumer demand for pickups and SUVs drove US auto sales in June, but the growth fell short of estimates as General Motors (NYSE:GM), Toyota Motor Corp (NYSE:TMC) and Volkswagen (OTCMKT:VLKAY) sold fewer vehicles. Estimates from major automobile makers backed analysts’ projection that the US industry […]






China’s Investing in the United States Extends Beyond Real Estate

China’s Investing in the United States Extends Beyond Real Estate






China’s Investing in the United States Extends Beyond Real Estate The growing Chinese investment in the United States has extended beyond real estate, with more companies eyeing sectors closely related to Chinese domestic demand. In recent years, more Chinese companies have been investing in the United States irregardless of size, industry and ownership, Shau Zhang, a […]






The Why of Sustainable “Green” Building Worldwide

The Why of Sustainable “Green” Building Worldwide






The Why of Sustainable “Green” Building Worldwide The Trends The Top 2 reasons for building Green: client demand (35%) and market demand (33%). The global Green building market grew in Y 2013 to $260-B, including an estimated 20% of all new US commercial real estate construction. This trend is expected to intensify in the coming […]






Energy Cooperation the Key Link to Russia-China Economic Tie-up

Energy Cooperation the Key Link to Russia-China Economic Tie-up






Energy Cooperation the Key Link to Russia-China Economic Tie-up Energy cooperation has become the ‘backbone” of the Russia-China economic partnership, as bi-lateral interaction is expected to speed up in all economic fields. Russian Deputy Prime Minister Arkady Dvorkovich expressed the confidence that bi-lateral economic cooperation would continue to grow steadily in various fields. “China is […]






Philippines Seeing Strong Domestic Demand

Philippines Seeing Strong Domestic Demand






Philippines Seeing Strong Domestic Demand Continued demand for capital and consumer goods drove imports growth of 11.7% in March this year, the National Economic and Development Authority (NEDA) said this week. The agency reported that imports reached US$6.4-B from 5.7-B in the same frame last year. “This is on account of higher purchases of capital […]






China’s Exporters Implement “Plan B” Against Headwinds

China’s Exporters Implement “Plan B” Against Headwinds






China’s Exporters Implement “Plan B” Against Headwinds China’s exporters are turning to an “alternative plan” aka Plan B, to underpin exports as foreign trade continued to be affected by weak demand, experts said Monday. “Plan B” involves manufacturing high-tech and innovative products amid ongoing supply-side structural reform to replace labor-intensive products, according to an article […]






China: Online Growth in “Fast-Expanding Market” Mode

China: Online Growth in “Fast-Expanding Market” Mode






China: Online Growth in “Fast-Expanding Market” Mode $BABA China’s online market with rapid development is at the “take-off” stage, corresponding to the “Fast-Expanding Market” (FEM) model. This is the main conclusion in the article “Fast-Expanding ‘Online’ Markets in South Korea and China: Are They Worth Pursuing?” published by Associate Professor Adrian T H Kuah and Dr. […]






Elon Musk’s SolarCity (NASDAQ:SCTY) “Bleeding” Cash

Elon Musk’s SolarCity (NASDAQ:SCTY) “Bleeding” Cash






Elon Musk’s SolarCity (NASDAQ:SCTY) “Bleeding” Cash $SCTY, $TSLA SolarCity Corp. (NASDAQ:SCTY) will continue its downtrend (sentiment has turned Bearish), as largest US rooftop solar developer loses money on every installation. Expert managed money sees SolarCity getting into financial trouble in Y 2016. One analyst dubbed SolarCity a “Subprime” finance company, and said its customers will […]






Chicago Agriculture Commodities Finished Higher Friday

Chicago Agriculture Commodities Finished Higher Friday






Chicago Agriculture Commodities Finished Higher Friday $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) Corn, Wheat and Soybean all rebounded and finished higher Friday. The most active Corn contract for Jul delivery rose 3.75 cents, or 1.00%, to close at 3.775 bu. July Wheat delivery added 0.50 cents, or 0.11%, to close at 4.6375 bu. […]






Chicago Agriculture Commodities Finished Higher Monday

Chicago Agriculture Commodities Finished Higher Monday






Chicago Agriculture Commodities Finished Higher Monday $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) Corn, Wheat and Soybean finished higher Monday, as funds added buying in grains, soybeans, despite improving weather and excessive supplies in cash markets. Chicago Corn led the gains as the most active Corn contract for July delivery added 6.5 cents, or […]






US Single Family Home Sales Missed, Economy Weakens

US Single Family Home Sales Missed, Economy Weakens






US Single Family Home Sales Missed, Economy Weakens $DIA, $SPY, $QQQ, $VXX New US single-family home sales unexpectedly fell in March, the decline was concentrated in the West region, suggesting that the housing market is weakening. The US Commerce Department said Monday new home sales decreased 1.5% to a seasonally adjusted annual rate of 511,000 […]






UAE Business Loan Demand Grows, Lenders Reluctant

UAE Business Loan Demand Grows, Lenders Reluctant






UAE Business Loan Demand Grows, Lenders Reluctant Central bank report finds improving demand in Q-1, as conditions tighten UAE businesses are demanding more loans but lenders appear less willing to supply them, according to a report from the country’s central bank. In its Q-1 report, the bank said the appetite for business credit improved from […]






EU Hopes To Sell More Agro-products To China

EU Hopes To Sell More Agro-products To China






EU Hopes To Sell More Agro-products To China The European Union (EU) hopes to export more agro-products to China, a senior EU official said Friday ahead of a trade promotion trip to China. China is a crucial market for EU agro-products and has seen considerable growth in recent years, EU Commissioner for Agriculture and Rural […]