Amazon.com, Inc. (NASDAQ:AMZN) Metastock Technical Forecast

Amazon.com, Inc. (NASDAQ:AMZN) Metastock Technical Forecast

Amazon.com, Inc. (NASDAQ:AMZN) Metastock Technical Forecast This content is sponsored by Heffx and Metastock. Sign up today and receive 3 months for the price of 1. Amazon.com is a Fortune 500 e-commerce company based in Seattle, Washington, and has the distinction of being one of the first large companies to sell goods over the internet. In 1994, Jeff […]

Laboratory Corporation of America Holdings (NYSE:LH) Metastock Technical Forecast

Laboratory Corporation of America Holdings (NYSE:LH) Metastock Technical Forecast

Laboratory Corporation of America Holdings (NYSE:LH) Metastock Technical Forecast This content is sponsored by Heffx and Metastock. Sign up today and receive 3 months for the price of 1. LabCorp (NYSE: LH), an S&P 500 company, is a leading global life sciences company that is deeply integrated in guiding patient care, providing comprehensive clinical laboratory and end-to-end drug […]

Twitter, Inc. (NYSE:TWTR) Metastock Technical Forecast

Twitter, Inc. (NYSE:TWTR) Metastock Technical Forecast

Twitter, Inc. (NYSE:TWTR) Metastock Technical Forecast This content is sponsored by Heffx and Metastock. Sign up today and receive 3 months for the price of 1. Twitter is an American microblogging and social networking service on which users post and interact with messages known as “tweets”. Registered users can post, like, and retweet tweets, but unregistered users can only read them. Users access Twitter through […]

Teladoc Health, Inc. (NYSE:TDOC) Metastock Technical Forecast

Teladoc Health, Inc. (NYSE:TDOC) Metastock Technical Forecast

Teladoc Health, Inc. (NYSE:TDOC) Metastock Technical Forecast This content is sponsored by Heffx and Metastock. Sign up today and receive 3 months for the price of 1. Coronavirus is leading us to the future of health care. It’s called ‘telemedicine’  Teladoc Health, Inc. engages in the provision of telehealthcare services using a technology platform via mobile devices, the […]

UnitedHealth Group Incorporated (NYSE:UNH) Metastock Technical Forecast

UnitedHealth Group Incorporated (NYSE:UNH) Metastock Technical Forecast

UnitedHealth Group Incorporated (NYSE:UNH) Metastock Technical Forecast This content is sponsored by Heffx and Metastock. Sign up today and receive 3 months for the price of 1. Coronavirus is leading us to the future of health care. It’s called ‘telemedicine’  UnitedHealth Group, Inc. engages in the provision of health care coverage, software, and data consultancy […]

Free 1 Month Trial of Metastock Xenith

Free 1 Month Trial of Metastock Xenith

Free 1 Month Trial of Metastock Xenith The ultimate real-time market news and analytics platform for the private trader. View the market at every possible angle in real time When you pull up a security in MetaStock XENITH, you get all the information you need on one full-featured screen. Quickly compare a security to the […]

Dow Jones Industrial Average (.DJI) Outlook

Dow Jones Industrial Average (.DJI) Outlook

Dow Jones Industrial Average (.DJI) Outlook The Dow Jones futures trading higher on memorial day as investors ignored rising tensions between USA and China and a new stand-off in Hong Kong and centered on the reopening of the economy and developments on the coronavirus treatment. Fed Governor Rosengreen in an interview on Sunday, said that […]

Euro: USD/EUR (EUR=X) Some dollar volatility

Euro: USD/EUR (EUR=X) Some dollar volatility

Euro: USD/EUR (EUR=X) Some dollar volatility The greenback has been the main mover on currency markets within the past seven days. In the early part of last week, it had been on the back foot as signs of progress in the race for a Covid-19 treatment supported risk appetite. The currency managed to recovery some […]

Dow Jones Industrial Average (.DJI) Fell as China Trade Tensions Escalate

Dow Jones Industrial Average (.DJI) Fell as China Trade Tensions Escalate

Dow Jones Industrial Average (.DJI) Fell as China Trade Tensions Escalate The Dow Jones Industrial Average fell 101.78 points, or 0.41%, to close at 24,474.12. The S&P 500 lost 23.10 points, or 0.78%, to end at 2948.51, and the Nasdaq Composite fell 90.90 points, or 0.97%, to close at 9284.88. China is coming up with […]

Dow Jones Industrial Average (.DJI) Takes a Dip

Dow Jones Industrial Average (.DJI) Takes a Dip

Dow Jones Industrial Average (.DJI) Takes a Dip U.S. stock indexes edged down at the open on Thursday as developing Sino-U.S. tensions and mixed retail earnings added to concerns about the pace of a recovery from a coronavirus-fueled economic slump. The Dow Jones Industrial Average .DJI fell 11.63 points, or 0.05%, at the open to […]

UK FTSE 100 (.FTSE) Stocks to edge lower as traders mull lockdown easing

UK FTSE 100 (.FTSE) Stocks to edge lower as traders mull lockdown easing

UK FTSE 100 (.FTSE) Stocks to edge lower as traders mull lockdown easing London stocks were set to edge lower on Tuesday as investors continue to mull the loosening of lockdown restrictions in the UK and abroad.The FTSE 100 was called to open 12 points lower at 5,927. Shayne Heffernan Trade Idea “The pound sold […]

Dow Jones Industrial Average (.DJI) End of Capitalism? Don’t Bet on it

Dow Jones Industrial Average (.DJI) End of Capitalism? Don’t Bet on it

Dow Jones Industrial Average (.DJI) End of Capitalism? There is an unfettered greed and it sits at the heart of the world economy.   Its most visible incarnation, of course, is Gordon Gecko’s home turf — Wall Street itself. Home of the New York Stock Exchange where trillions of stocks and shares are traded daily.  Here […]

Should I invest in Gold 1 OZ (XAU=X)?

Should I invest in Gold 1 OZ (XAU=X)?

Should I invest in Gold 1 OZ (XAU=X)? The price of gold has risen 20% year-to-date. Economic anxiety is running deep and financial systems are exceedingly fragile. This is boosting the price of gold to be the safe-haven asset to own. When the stock market crashed in March, the gold price also fell. This surprised […]

Bitcoin: USD/BTC (BTC=X) Massive volatility ahead of halving

Bitcoin: USD/BTC (BTC=X) Massive volatility ahead of halving

Bitcoin: USD/BTC (BTC=X) Massive volatility ahead of halving Bitcoin halving, as it’s called, is set to take place for the third time on or around May 12. In the past, this event has coincided with a strong run-up in the bitcoin price and may lead to pre- and post-halving volatility, with price implications extending into […]

Apple unveils plans to reopen some US stores

Apple unveils plans to reopen some US stores

Apple on Friday said it will begin gradually reopening its retail shops in the US next week, taking pandemic precautions such as making sure everyone in them wears masks. The iPhone maker planned to start with some stores in Alabama, Alaska, Idaho and South Carolina. “We’ve missed our customers and look forward to offering our […]

Lufthansa to resume some European services in June

Lufthansa to resume some European services in June

German airline giant Lufthansa said Friday it will fly twice as many aircraft in June as in recent weeks and return to some European destinations, but the flight plan remains a shadow of pre-coronavirus operations. Spots beloved of holidaymakers like Spanish island Mallorca, Crete and German North Sea retreat Sylt will return to the timetable, […]

Dow Jones Industrial Average (.DJI) Mixed Amid Hopes for Business Pickup

Dow Jones Industrial Average (.DJI) Mixed Amid Hopes for Business Pickup

Dow Jones Industrial Average (.DJI) Mixed Amid Hopes for Business Pickup Wall Street’s major averages closed higher as investors digested the newly-released weekly report on US jobless claims. On Thursday, the Dow Jones Industrial Average jumped 211.25 points, or 0.89 per cent, to 23,875.89. The S&P 500 increased 32.77 points, or 1.15 per cent, to […]

GSX Techedu Inc. (NYSE:GSX) Heading for a Dip

GSX Techedu Inc. (NYSE:GSX) Heading for a Dip

GSX Techedu Inc. (NYSE:GSX) Heading for a Dip GSX TECHEDU INC. is a China-based holding company principally involved in the provision of technology-driven education services. Through its subsidiaries, the Company is engaged in the provision of online K-12 after-school tutoring services. It also offers foreign language, professional and interest courses. The Company conducts its businesses […]

British Pound: USD/GBP (GBP=X) BoE holds off from pumping further stimulus into Britain’s economy

British Pound: USD/GBP (GBP=X) BoE holds off from pumping further stimulus into Britain’s economy

British Pound: USD/GBP (GBP=X) BoE holds off from pumping further stimulus into Britain’s economy Sterling rose by around half a cent versus the dollar on Thursday, after the Bank of England held rates steady at 0.1%, as expected, and held off on further stimulus. The pound rose to as much as $1.2380 from $1.2331 before […]

Gold 1 OZ (XAU=X) – Will Portfolios Become Shinier

Gold 1 OZ (XAU=X) – Will Portfolios Become Shinier

Gold 1 OZ (XAU=X) – Will Portfolios Become Shinier Gold is respected throughout the world for its value and rich history, which has been interwoven into cultures for thousands of years. Coins containing gold appeared around 800 B.C., and the first pure gold coins were struck during the rein of King Croesus of Lydia about […]

The Walt Disney Company (NYSE:DIS) theme parks projected lose of $21 billion because of the coronavirus

The Walt Disney Company (NYSE:DIS) theme parks projected lose of $21 billion because of the coronavirus

The Walt Disney Company (NYSE:DIS) theme parks projected lose of $21 billion because of the coronavirus Disney revealed it lost a potential $1 billion due to park closures over the COVID-19 outbreak, but that might only be the beginning. Disney theme parks could lose close to $21 billion in revenue through 2022 because of closures from the coronavirus pandemic, The Orange County […]

Bitcoin: USD/BTC (BTC=X) Halving is 6 Sleeps Away

Bitcoin: USD/BTC (BTC=X) Halving is 6 Sleeps Away

Bitcoin: USD/BTC (BTC=X) Halving is 6 Sleeps Away Bitcoin halving search interest on Google has reached a fever pitch. On-chain activity is also on the rise as retail and institutional interest spikes. BTC bulls are hoping that history repeats itself and the price skyrockets. It’s been left for dead more than once, written off as nothing […]

NASDAQ Composite (.IXIC) Faces Trouble in August

NASDAQ Composite (.IXIC) Faces Trouble in August

NASDAQ Composite (.IXIC) Faces Trouble in August This is the trap awaiting the stock market ahead of a grim summer This year is shaping up exactly like the 2000 dot-com bubble crash and stocks will drop a further 40%, Shayne Heffernan, CEO and Founder of Heffx warns. April produced the best monthly gains for the […]

Sohu.com Limited (NASDAQ:SOHU) Upgrades to its AI-Driven Multilingual Mobile Keyboard

Sohu.com Limited (NASDAQ:SOHU) Upgrades to its AI-Driven Multilingual Mobile Keyboard

Sohu.com Limited (NASDAQ:SOHU) Upgrades to its AI-Driven Multilingual Mobile Keyboard Sogou Inc. (NYSE: SOGO) (“Sogou” or “the Company”), an innovator in search and a leader in China’s internet industry, released its Sogou Mobile Keyboard 10.8, the latest version of the Sogou Mobile Keyboard. Powered by Sogou’s leading AI technologies, the latest upgrade features new multilingual […]

Trivago N.V. (NASDAQ:TRVG) Giving Partners a Break

Trivago N.V. (NASDAQ:TRVG) Giving Partners a Break

Trivago N.V. (NASDAQ:TRVG)Giving Partners a Break Faced with a drop of more than 95 percent in referral revenue in the last week of the first quarter, Trivago informed investors that it has started to “make changes to our organizational setup,” including “significant” headcount reductions. Other than chopping jobs, and reducing costs, Trivago didn’t specify what organizational […]

PT Kalbe Farma Tbk. (OTC:PTKFF) Growing in the midst of challenging Market Conditions

PT Kalbe Farma Tbk. (OTC:PTKFF) Growing in the midst of challenging Market Conditions

PT Kalbe Farma Tbk. (OTC:PTKFF) Growing in the midst of challenging Market Conditions PT Kalbe Farma Tbk. (“Kalbe”) was established in 1966 and is one of the largest publicly-listed pharmaceutical companies in Southeast Asia. Kalbe has four main divisions managing a broad and strong portfolio of brands; prescription pharmaceuticals division (Cefspan, Brainact, Broadced, etc), consumer […]

Dow Jones Industrial Average Target 13500 August September 32000 in 2021

Dow Jones Industrial Average Target 13500 August September 32000 in 2021

Dow Jones Industrial Average Target 13500 August September 32000 in 2021 U.S. stocks were indicated to start higher on Tuesday, as futures added to gains Monday night, after a last-hour turnaround from energy and technology shares allowed the major benchmarks to finish in positive territory after spending much of the day’s session in the red. […]

Tesla, Inc. (NASDAQ:TSLA) bids to become an energy provider in the United Kingdom

Tesla, Inc. (NASDAQ:TSLA) bids to become an energy provider in the United Kingdom

Tesla, Inc. (NASDAQ:TSLA) bids to become an energy provider in the United Kingdom California-based car manufacturer Tesla is taking initial steps to become an energy provider in the United Kingdom, The Telegraph reports. The publication notes that Elon Musk’s electric car company has applied to UK’s energy regulator for a license to generate electricity. “Having built a significant battery business in […]

Japanese Yen: USD/JPY (JPY=X) Buy at 105.20

Japanese Yen: USD/JPY (JPY=X) Buy at 105.20

Japanese Yen: USD/JPY (JPY=X) Buy at 105.20 USD/JPY has opened the week’s trade on a bearish note as risk-off amid fresh US-China trade woes weighs. The major was trading 0.14% lower on the day at 106.73 at around 05:15 GMT after closing 0.23% lower on Friday’s trade. US diplomats allege China for the mishandling of […]

Australian Dollar: USD/AUD (AUD=X) set to edge lower

Australian Dollar: USD/AUD (AUD=X) set to edge lower

Australian Dollar: USD/AUD (AUD=X) set to edge lower The Australian dollar significantly rallied a bit during the week, breaking above the 0.65 level before selling off towards the end of the same week. Ultimately, this is a market that I think could continue to see a lot of noise, especially in this area as it is a […]

HEFFX Oil Report

HEFFX Oil Report

A Shock Like No Other: The Impact of COVID-19 on the Oil Markets The outbreak of COVID-19 has been accompanied by widespread declines in global commodity prices. The pandemic represents a unique shock that has a major impact on both the demand and supply of commodities. Oil markets have been most affected, given the collapse […]

Canadian Dollar: USD/CAD (CAD=X) follows gains versus big dollar, ignores $3+ drop in crude prices

Canadian Dollar: USD/CAD (CAD=X) follows gains versus big dollar, ignores $3+ drop in crude prices

Canadian Dollar: USD/CAD (CAD=X) follows gains versus big dollar, ignores $3+ drop in crude prices The CAD is modestly firmer versus the USD but gains remain light relative to the AUD and NZD on the day—AUDCAD is trading at its highest levelsince the start of the year. We are bullish on the cross and look […]

Dow Jones Industrial Average (.DJI) in Focus

Dow Jones Industrial Average (.DJI) in Focus

Dow Jones Industrial Average (.DJI) in Focus The U.S. stock indexes are at a crossroads. The Dow Jones index (DJIA) seems to be the best picture of the current stock market situation. The key price of DJIA is 23775, and it is important whether the index falls below this line. If the index rebound strongly […]

United States Oil (USO) – Trump has tasked Mnuchin with developing a plan to revive the industry

United States Oil (USO) – Trump has tasked Mnuchin with developing a plan to revive the industry

United States Oil (USO) – Trump has tasked Mnuchin with developing a plan to revive the industry U.S. Treasury Secretary Steven Mnuchin weighed in on how he may work to rescue the energy industry hammered by the fallout from the coronavirus, which may include the government taking stakes in certain companies. Ticker Security Last Change Change % USO […]

Ethereum: USD/ETH (ETH=) notches higher highs

Ethereum: USD/ETH (ETH=) notches higher highs

Ethereum: USD/ETH (ETH=) notches higher highs Just hours ago as of the time of this article’s writing, Ethereum traded as high as $200, which meant that it had gained more than 120% from the lows of March. This has been a stunning rally that has convinced many investors to flip bullish on the leading altcoin. […]

Bitcoin: USD/BTC (BTC=X) Approaching Key Resistance

Bitcoin: USD/BTC (BTC=X) Approaching Key Resistance

Bitcoin: USD/BTC (BTC=X) Approaching Key Resistance Bitcoin is notoriously volatile, prone to sudden price surges and swift reversals that can wipe out millions of dollars of value in a matter of minutes. Those changes are often mysterious to market observers, given the digital currency’s lack of fundamentals, or ties to the real economy. Bitcoin has […]

Gold price high but miners say limited by COVID-19

Gold price high but miners say limited by COVID-19

Gold price high but miners say limited by COVID-19 Gold posted a two-sided trade last week before finishing higher. Selling pressure early in the week drove the market through the previous week’s low, but the comeback rally later in the week placed the market slightly below its seven year high at $1788.80. Short-term, the gold […]

Silver 1 OZ 999 NY (XAG=X) start week on front foot amid risk-on mood

Silver 1 OZ 999 NY (XAG=X) start week on front foot amid risk-on mood

Silver 1 OZ 999 NY (XAG=X) start week on front foot amid risk-on mood Three-month base metals prices on the London Metal Exchange were stronger across the board with prices up by an average of 1.7% as at 5.55am London time. Tin led the advance with a 3% rise to $15,350 per tonne, while aluminium […]

Australia: S&P/ASX 200 (.AXJO) gains ahead as US rallies, states ease lockdowns

Australia: S&P/ASX 200 (.AXJO) gains ahead as US rallies, states ease lockdowns

Australia: S&P/ASX 200 (.AXJO) gains ahead as US rallies, states ease lockdowns Australian shares are set to open higher as markets calmed after a wild week. ASX futures were up 82 points or 1.6 per cent to 5298. The Australian dollar was up 0.2 per cent to 63.85 US cents. Shayne Heffernan Trade Idea March […]

Cisco Systems, Inc. (NASDAQ:CSCO) – Smart Cities Bring Big Money

Cisco Systems, Inc. (NASDAQ:CSCO) – Smart Cities Bring Big Money

Cisco Systems, Inc. (NASDAQ:CSCO) – Smart Cities Bring Big Money Smart city tech will grow exponentially in the next few years, driven by advances in information and communications technology, including IoT sensors and analytics platforms. The smart city market is one of the fastest growing segments of government and is set to hit $775 billion […]

Gold 1 OZ (XAU=X) Investors Aiming for Gold

Gold 1 OZ (XAU=X) Investors Aiming for Gold

Gold 1 OZ (XAU=X) Investors Aiming for Gold Gold edged lower on Thursday as investors booked profits from sharp gains in the previous session, but prices held above the $1,700 an ounce level on the promise of more U.S. stimulus measures to ease the economic blow from the coronavirus crisis. Shayne Heffernan Trade Idea “As […]

Silver 1 OZ 999 NY (XAG=X) Buy at First Support

Silver 1 OZ 999 NY (XAG=X) Buy at First Support

Silver 1 OZ 999 NY (XAG=X) Buy at First Support Shayne Heffernan Trade Idea “The silver market is small so it doesn’t take a lot of money to really push prices higher.” Shayne Heffernan PhD in Economics Why This Matters Rising demand for silver from investors will offset sharp falls in consumption by jewellers and […]

Dow Jones Industrial Average (.DJI) another turbulent day on Wall Street

Dow Jones Industrial Average (.DJI) another turbulent day on Wall Street

Dow Jones Industrial Average (.DJI) another turbulent day on Wall Street It was another turbulent day on Wall Street as rapidly falling oil prices weighed on the stock market. Investors appeared to be moving to shed risk from their portfolios. Futures on West Texas Intermediate crude oil for June delivery plunged 43.4% to $11.57 a […]

Singapore: STI Index (.STI) remains weak as it tests 2018 low

Singapore: STI Index (.STI) remains weak as it tests 2018 low

Singapore: STI Index (.STI) remains weak as it tests 2018 low At times of sharp declines, important lows provide support. The STI has moved below the Oct 2018 low of 2,972 and is testing the intra-day Oct 2018 low of 2,961. Short-term stochastics is at the low end of its range but it maybe another […]

Hong Kong: HANG SENG INDEX (.HSI) stock market is part bear, part bull, posing challenges to investors

Hong Kong: HANG SENG INDEX (.HSI) stock market is part bear, part bull, posing challenges to investors

Hong Kong: HANG SENG INDEX (.HSI) stock market is part bear, part bull, posing challenges to investors Hong Kong’s stock market is part bear, part bull, posing challenges to investors. China’s semiconductor stocks are showing some virus immunity.Investors should look for stocks that will thrive in the post-coronavirus world. Here are some analysts like. Five questions investors should be asking. How long […]

Australia: S&P/ASX 200 (.AXJO) Australia Optimistic

Australia: S&P/ASX 200 (.AXJO) Australia Optimistic

Australia: S&P/ASX 200 (.AXJO) Australia Optimistic The last 24 hours has featured a sea of red ink right across global market over night and Australia hasn’t avoided the carnage with the S&P/ASX 200 (ASX:XJO) plunging 2.5% or 132 points to close at 5221 points today. Shayne Heffernan Trade Idea “The bright spot is that people […]

Court Rules vs. Twitter in Bid to Reveal Surveillance Requests from U.S. Government

Court Rules vs. Twitter in Bid to Reveal Surveillance Requests from U.S. Government

The social network originally filed suit against the Department of Justice in October 2014 Twitter expressed disappointment at coming out on the losing end of a six-year court battle in which it sought the right to reveal surveillance requests received from the U.S. government. The social network filed its suit versus the U.S. Department of Justice in […]

Did Facebook, Inc. (NASDAQ:FB) turn Libra into another PayPal?

Did Facebook, Inc. (NASDAQ:FB) turn Libra into another PayPal?

Did Facebook, Inc. (NASDAQ:FB) turn Libra into another PayPal? Last year, Facebook (NASDAQ: FB) assembled a consortium of companies to create an open-source cryptocurrency called Libra. Facebook planned to offer Libra as a payment option in a digital wallet called Calibra, then integrate those payments into Messenger and WhatsApp. But shortly afterwards, leading members of the consortium — including Visa, Mastercard, […]

United States Oil (USO) – OPEC cuts fail to end the panic

United States Oil (USO) – OPEC cuts fail to end the panic

United States Oil (USO) – OPEC cuts fail to end the panic The coronavirus pandemic has caused oil demand to drop so rapidly that the world is running out of room to store barrels. At the same time, Russia and Saudi Arabia flooded the world with excess supply. That double black swan has caused oil prices to […]

Bitcoin: USD/BTC (BTC=X) are abuzz over new data showing more people might be tiptoeing into the market

Bitcoin: USD/BTC (BTC=X) are abuzz over new data showing more people might be tiptoeing into the market

Bitcoin: USD/BTC (BTC=X) are abuzz over new data showing more people might be tiptoeing into the market Mass adoption has long been one of the main bullish investment theses for bitcoin. The bet is growing numbers of institutions and individuals will eventually come to understand the cryptocurrency’s virtues, from its potential use as a peer-to-peer payment […]

FTSE Bursa Malaysia KLCI (.KLSE) pares gains, tracks regional markets but CIMB shines

FTSE Bursa Malaysia KLCI (.KLSE) pares gains, tracks regional markets but CIMB shines

FTSE Bursa Malaysia KLCI (.KLSE) pares gains, tracks regional markets but CIMB shines Bursa Malaysia’s blue chips gave up most of its gains on Monday as investor sentiment turned cautious in line with key Asian markets but CIMB Group managed to prop up the FBM KLCI. Shayne Heffernan Trade Idea “We remain no change to […]

Silver 1 OZ 999 NY (XAG=X) Shows No Signs Of Weakness

Silver 1 OZ 999 NY (XAG=X) Shows No Signs Of Weakness

Silver 1 OZ 999 NY (XAG=X) Shows No Signs Of Weakness Silver remained in a range between the 20 EMA near $15.00 and the 50 EMA at $15.60 while global markets turned red amid rapid downside move in crude oil prices. Currently, the precious metal segment is ignoring the broader sell-off which is a good sign for […]

Hong Kong: HANG SENG INDEX (.HSI) stocks firm as key Chinese rate cut again

Hong Kong: HANG SENG INDEX (.HSI) stocks firm as key Chinese rate cut again

Hong Kong: HANG SENG INDEX (.HSI) stocks firm as key Chinese rate cut again China and Hong Kong stocks firmed on Monday as a key Chinese lending rate was cut for the second time this year to shore up the coronavirus-hit economy. Shayne Heffernan Trade Idea “The ‘stay-at-home economy’ is replacing the social economy. People […]

Australia: S&P/ASX 200 (.AXJO) Extending Losses as Virgin Australia enters voluntary administration

Australia: S&P/ASX 200 (.AXJO) Extending Losses as Virgin Australia enters voluntary administration

Australia: S&P/ASX 200 (.AXJO) Extending Losses as Virgin Australia enters voluntary administration The Australian stock market is extending losses on Tuesday from the previous session following the weak cues overnight from Wall Street after crude oil futures turned negative for the first time ever. Investor sentiment was further dampened as Australia’s second biggest airline Virgin […]

Tesla, Inc. (NASDAQ:TSLA) on track for their first 10-day winning streak in history

Tesla, Inc. (NASDAQ:TSLA) on track for their first 10-day winning streak in history

Tesla, Inc. (NASDAQ:TSLA) on track for their first 10-day winning streak in history Tesla shares are at it again, rising for the ninth straight day. The stock rose 2.1% to more than $745 Thursday. The shares (ticker: TSLA) have been on a seemingly unstoppable run. They are up roughly 65% since April 2, when the […]

United States Oil (USO) – President Donald Trump pulled off an energy coup

United States Oil (USO) – President Donald Trump pulled off an energy coup

United States Oil (USO) – President Donald Trump pulled off an energy coup In the midst of a pandemic, President Donald Trump pulled off an energy coup: He was able to convince the second and third largest crude oil producing countries to set their bickering aside and voluntarily cut production, at least for a couple of […]

Bitcoin: USD/BTC (BTC=X) Isn’t a Safe-Haven

Bitcoin: USD/BTC (BTC=X) Isn’t a Safe-Haven

Bitcoin: USD/BTC (BTC=X) Isn’t a Safe-Haven Yet In a note published last week on April 15th, the Federal Reserve Bank of Kansas City claimed that Bitcoin is decisively not a safe haven, noting that the asset has acted more like a risk asset than digital gold. The central bank branch cited Bloomberg data, which shows that […]

Euro: USD/EUR (EUR=X) Rallies Are Now a Chance To Sell

Euro: USD/EUR (EUR=X) Rallies Are Now a Chance To Sell

Euro: USD/EUR (EUR=X) Rallies Are Now a Chance To Sell The Euro reversed to the upside late Friday as investors, cautiously optimistic about the results of a drug trial and President Donald Trump’s plan to reopen the economy, regained some appetite for risk and in the process took profits in the U.S. Dollar ahead of […]

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

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

Japanese Yen: USD/JPY (JPY=X) near-term bias remains neutral The Dollar/Yen finished marginally higher last week after posting an uneventful two-sided trade. The Forex pair fell to a two-week low as risk sentiment returned to the market following better-than-expected economic data from China (Trade Balance), which painted a less gloomy picture than feared following the coronavirus […]

Australian Dollar: USD/AUD (AUD=X) volatile shifts in investor sentiment tied to the impact of the coronavirus

Australian Dollar: USD/AUD (AUD=X) volatile shifts in investor sentiment tied to the impact of the coronavirus

Australian Dollar: USD/AUD (AUD=X) volatile shifts in investor sentiment tied to the impact of the coronavirus The Australian Dollar closed lower last week, but surprisingly finished higher three out of five trading sessions. Most of last week’s loss took place in one trading session. The week started with the Australian Dollar, which is sensitive to […]

FTSE Bursa Malaysia KLCI (.KLSE) Navigating the Turbulence

FTSE Bursa Malaysia KLCI (.KLSE) Navigating the Turbulence

FTSE Bursa Malaysia KLCI (.KLSE) Navigating the Turbulence Bursa Malaysia extended last week’s gain to open higher today, with the composite index rising 1.19 per cent on the back of positive market sentiment following a strong performance on the Wall Street last week. The Shayne Heffernan Idea Wall Street’s stronger closing last Friday on hopes […]

Gold 1 OZ (XAU=X) demand in China continued to be in the doldrums

Gold 1 OZ (XAU=X) demand in China continued to be in the doldrums

Gold 1 OZ (XAU=X) demand in China continued to be in the doldrums Gold prices fell to a more than one-week low on Monday as the dollar firmed and as investors remained optimistic that the U.S. economy might reopen soon from lockdowns that were enforced to contain the novel coronavirus’ spread. Shayne Heffernan Trade Idea […]

Hong Kong: HANG SENG INDEX (.HSI) shares start with gains

Hong Kong: HANG SENG INDEX (.HSI) shares start with gains

Hong Kong: HANG SENG INDEX (.HSI) shares start with gains Hong Kong stocks kicked Monday off on a positive note, boosted by hopes that coronavirus infections are beginning to plateau. The Shayne Heffernan Idea Low valuations don’t constitute a reason for buying, but extreme low ones may do. “The extremely low valuations have already implied […]

Australia: S&P/ASX 200 (.AXJO) All Hinges on Virus News

Australia: S&P/ASX 200 (.AXJO) All Hinges on Virus News

Australia: S&P/ASX 200 (.AXJO) All Hinges on Virus News The Australian share market has begun its week moderately lower. The Shayne Heffernan Idea We have several different types of policies all bundled together, and we’re going to be looking for insights as to which of these policies are working and which ones to reinforce. “The […]

Dow Jones Industrial Average (.DJI) surges higher as investors drew encouragement from President Donald Trump’s plan to re-open the world’s biggest economy

Dow Jones Industrial Average (.DJI) surges higher as investors drew encouragement from President Donald Trump’s plan to re-open the world’s biggest economy

Dow Jones Industrial Average (.DJI) surges higher as investors drew encouragement from President Donald Trump’s plan to re-open the world’s biggest economy Wall Street was also buoyed by Boeing Co.’s announcement that it will re-start production at its Seattle-based facility, where it assembles some of its biggest jetliners, in a move that bring around 27,000 […]

Ethereum: USD/ETH (ETH=) – What is Ethereum? A Beginner’s Guide

Ethereum: USD/ETH (ETH=) – What is Ethereum? A Beginner’s Guide

Ethereum: USD/ETH (ETH=) – What is Ethereum? A Beginner’s Guide In the cryptocurrency world, if Bitcoin is the king, then Ethereum is the queen. The price of Ethereum (ETH) has risen significantly in the past few months, and it’s one of the most promising cryptocurrencies right now. In this article, I will help you understand everything about Ethereum & you would learn […]

Bitcoin: USD/BTC (BTC=X) – What is Bitcoin? A Beginner’s Guide

Bitcoin: USD/BTC (BTC=X) – What is Bitcoin? A Beginner’s Guide

Bitcoin: USD/BTC (BTC=X) – What is Bitcoin? A Beginner’s Guide Bitcoin is one of those things that in the past several years has created a lot of buzz around the globe. Be it Brexit, or Donald Trump as the new US president, or India demonetizing their currency, dramatic economic events can be viewed in terms of Bitcoin. In this beginner’s […]

Shanghai: SSE Composite Index (.SSEC) stocks advanced as traders looked past data showing the economy contracted

Shanghai: SSE Composite Index (.SSEC) stocks advanced as traders looked past data showing the economy contracted

Shanghai: SSE Composite Index (.SSEC) dull before the data release China’s stocks advanced as traders looked past data showing the economy contracted for the first time since at least 1992. The Shanghai Composite Index was up 0.7% at 2:21 p.m. local time, with a broad range of shares climbing. The yuan traded little changed after […]

Canadian Dollar: USD/CAD (CAD=X) higher as traders digest the disappointing U.S. retail sales data

Canadian Dollar: USD/CAD (CAD=X) higher as traders digest the disappointing U.S. retail sales data

Canadian Dollar: USD/CAD (CAD=X) higher as traders digest the disappointing U.S. retail sales data The Canadian dollar finally found some support overnight, after free-falling since Tuesday, and it had nothing to do with any domestic reasons. Canadian dollar direction, like the rest of the G-10 majors, continues to be dictated by broad U.S.-dollar sentiment. That […]

British Pound continues to grind lower, it’s a buy soon

British Pound continues to grind lower, it’s a buy soon

British Pound: USD/GBP (GBP=X) continues to grind lower The British pound has been extraordinarily bullish, so it seems as if traders have been ignoring the potential troubles coming out of the United Kingdom, not the least of which of course is going to be the extended lockdown. Beyond that, we need to think about Brexit […]

Euro: USD/EUR (EUR=X) at fresh weekly lows and bearish, break below 1.0800 likely

Euro: USD/EUR (EUR=X) at fresh weekly lows and bearish, break below 1.0800 likely

Euro: USD/EUR (EUR=X) at fresh weekly lows and bearish, break below 1.0800 likely A decisive positive candle got the EUR/USD rally back on track yesterday. The thin volume of the Easter trading period questioned the strength of the near term recovery. However, the bulls fought back really well yesterday in a move which is now […]

Japanese Yen: USD/JPY (JPY=X) outlook bullish for stronger gain to 118.59/61 early next week

Japanese Yen: USD/JPY (JPY=X) outlook bullish for stronger gain to 118.59/61 early next week

Japanese Yen: USD/JPY (JPY=X) outlook bullish for stronger gain to 118.59/61 early next week Pay attention to the stock market, because it will make quite a bit of difference as to where this market goes. Ultimately, this is a market that I think continues to see a lot of noise but clearly if we break […]

Australian Dollar: USD/AUD (AUD=X) unchanged despite weaker-than-expected China Q1 GDP

Australian Dollar: USD/AUD (AUD=X) unchanged despite weaker-than-expected China Q1 GDP

Australian Dollar: USD/AUD (AUD=X) unchanged despite weaker-than-expected China Q1 GDP Aussie remained bid despite weaker-than-expected China Q1 GDP. Renewed hopes for coronavirus treatment support the antipodeans.  STAT news report that Gilead Sciences’ experimental drug ‘Remdesivir’ is seeing rapid recoveries in fever and respiratory symptoms associated with coronavirus.  On the data front, China registers first GDP […]

Australia: S&P/ASX 200 (.AXJO) slides again as economic reality sets in

Australia: S&P/ASX 200 (.AXJO) slides again as economic reality sets in

Australia: S&P/ASX 200 (.AXJO) slides again as economic reality sets in Australian shares are set to open lower as Wall Street struggled in the wake of fresh record unemployment in the US and another push from Donald Trump to reopen the economy early despite the advice of health experts. ASX futures were down 72 points […]

Hong Kong: HANG SENG INDEX (.HSI) drops as impact of virus weighs down Asia

Hong Kong: HANG SENG INDEX (.HSI) drops as impact of virus weighs down Asia

Hong Kong: HANG SENG INDEX (.HSI) drops as impact of virus weighs down Asia Hong Kong stocks finished down on Thursday after a negative cue from Wall Street and with investors worried about the ongoing economic impact of the coronavirus pandemic. The Hang Seng Index dropped 0.6 percent, to close at 24,006. On the mainland, […]

Silver 1 OZ 999 NY (XAG=X) to stay positive hence it’s clearly a buy on dips market

Silver 1 OZ 999 NY (XAG=X) to stay positive hence it’s clearly a buy on dips market

Silver 1 OZ 999 NY (XAG=X) to stay positive hence it’s clearly a buy on dips market Silver stays below the 50 EMA level at $15.60 following the release of U.S. Initial Jobless Claims  report which showed that 5.25 million of Americans applied for unemployment benefits. Currently, it looks like the market was ready to hear the bad […]

Gold 1 OZ (XAU=X) entering a new era of zero interest rate and devaluing currencies

Gold 1 OZ (XAU=X) entering a new era of zero interest rate and devaluing currencies

Gold 1 OZ (XAU=X) entering a new era of zero interest rate and devaluing currencies Gold futures gave up earlier gains to end lower on Thursday, pressured as the U.S. dollar strengthened in the wake of a surge in weekly U.S. jobless claims, which underlined the rapid deterioration in the economy from the COVID-19 pandemic. […]

Tesla, Inc. (NASDAQ:TSLA) stock extends rally, up 60% in the past seven days

Tesla, Inc. (NASDAQ:TSLA) stock extends rally, up 60% in the past seven days

Tesla, Inc. (NASDAQ:TSLA) stock extends rally, up 60% in the past seven days Tesla stock rallied Tuesday as some investors bet that the Silicon Valley car maker is better equipped than most companies to weather the broadside dealt by the coronavirus pandemic. Shares of Tesla (TSLA) were poised to end at their highest in nearly six […]

Twitter, Inc. (NYSE:TWTR) Founder-CEO Jack Dorsey Made $1.40 In 2019, Even With Year Before

Twitter, Inc. (NYSE:TWTR) Founder-CEO Jack Dorsey Made $1.40 In 2019, Even With Year Before

Twitter, Inc. (NYSE:TWTR) Founder-CEO Jack Dorsey Made $1.40 In 2019, Even With Year Before Twitter CEO Jack Dorsey earned $1.40 in 2019, flat from the year before (but up from zero in 2017) as the billionaire founder of the social media giant rolls out donations from the $1 billion he recently committed to coronavirus relief. “At his own […]

United States Oil (USO) , gas industry sheds more than 6,000 jobs in a single day

United States Oil (USO) , gas industry sheds more than 6,000 jobs in a single day

United States Oil (USO) , gas industry sheds more than 6,000 jobs in a single day Oil and gas companies announced plans to cut more than 6,400 jobs on a grim day for the industry that saw the price of crude oil settle below $20 for the first time since 2001 and the amount of […]

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