SILVER 1 OZ 999 NY (XAG=X) Quieter Trading Expected

SILVER 1 OZ 999 NY (XAG=X) Quieter Trading Expected

SILVER 1 OZ 999 NY (XAG=X) Quieter Trading Expected Gold and silver prices are modestly up in early U.S. trading Tuesday, supported by some mild safe-haven demand as the U.S. stock indexes have seen heavy selling pressure so far this week. December gold futures were last up $3.60 an ounce at $1,228.90. December Comex silver […]

Euro: USD/EUR (EUR=X) pushes higher for now

Euro: USD/EUR (EUR=X) pushes higher for now

Euro: USD/EUR (EUR=X) pushes higher for now EUR/USD has continued to climb, breaking through trendline resistance and targeting the $1.15 level, the high from early November. From here $1.1554 and then $1.162 come into play. The steep rally over the past few days could begin to moderate, but dips to $1.138 could find buyers. Overall, the […]

Shanghai: SSE Composite Index (.SSEC) Investors are cautious ahead of Trump-Xi meet

Shanghai: SSE Composite Index (.SSEC) Investors are cautious ahead of Trump-Xi meet

Shanghai: SSE Composite Index (.SSEC) Investors are cautious ahead of Trump-Xi meet Chinese stocks were the world’s worst performers Tuesday, falling the most this month, and Hong Kong’s November rebound came unstuck. The CSI 300 Index slid 2.3 percent, with technology shares leading declines after another sell-off in the U.S. That also dragged on Hong […]

Australia: S&P/ASX 200 (.AXJO) pointing notably lower

Australia: S&P/ASX 200 (.AXJO) pointing notably lower

Australia: S&P/ASX 200 (.AXJO) pointing notably lower ASX futures pointing notably lower. According to the latest SPI futures, the ASX 200 is expected to open the day down by a sizeable 1.1% or 63 points on Wednesday. This follows another disappointing night of trade on Wall Street which late in the session sees the Dow […]

Australian Dollar: USD/AUD (AUD=X) concerns over the economy

Australian Dollar: USD/AUD (AUD=X) concerns over the economy

Australian Dollar: USD/AUD (AUD=X) concerns over the economy The Australian Dollar retreated from three-month highs Tuesday after a sell-off in international stocks that sent a frosty wind through currency markets. Stock markets in the U.S. and Asia slumped late in the Monday session after the National Association of Home Builders (NAHB) Housing Market index posted […]

Japanese Yen: USD/JPY (JPY=X) bears take charge

Japanese Yen: USD/JPY (JPY=X) bears take charge

Japanese Yen: USD/JPY (JPY=X) bears take charge USD/JPY has continued to decline, and a small rally towards ¥112.60 has been met with fresh selling. Unless the price recovers the ¥113.40 level, then any rally looks to be a selling opportunity. The next levels to watch on the downside include ¥111.82 and then ¥111.38. Overall, the bias […]

Singapore: STI Index (.STI) Set to Open Lower

Singapore: STI Index (.STI) Set to Open Lower

Singapore: STI Index (.STI) Set to Open Lower Singapore shares opened lower on Tuesday morning (Nov 20), with the Straits Times Index down 32.99 points, or 1.08 per cent, to 3,032.08, after Wall Street stocks sank on Monday. At 9.04am, losers outnumbered gainers by 97 to 24, with about 39.2 million shares worth $71.7 million […]

GOLD 1 OZ (XAU=X) Prices Firmer Amid Weak U.S. Stock Market

GOLD 1 OZ (XAU=X) Prices Firmer Amid Weak U.S. Stock Market

GOLD 1 OZ (XAU=X) Prices Firmer Amid Weak U.S. Stock Market Gold bears have the overall near-term technical advantage. Bulls’ next upside price objective is to produce a close in December futures above solid resistance at the November high of $1,239.30. Bears’ next near-term downside price breakout objective is pushing prices below solid technical support […]

Hong Kong: HANG SENG INDEX (.HSI) uncertainty continues to swirl around the dispute

Hong Kong: HANG SENG INDEX (.HSI) uncertainty continues to swirl around the dispute Chinese stocks were the world’s worst performers Tuesday, falling the most this month, and Hong Kong’s November rebound came unstuck. The CSI 300 Index slid 2.3 percent, with technology shares leading declines after another sell-off in the U.S. That also dragged on […]

Alphabet Inc. (NASDAQ:GOOG) closed in bear market territory for the first time since 2011

Alphabet Inc. (NASDAQ:GOOG) closed in bear market territory for the first time since 2011

Alphabet Inc. (NASDAQ:GOOG) closed in bear market territory for the first time since 2011 Alphabet (GOOGL) just closed in bear market territory for the first time since 2011. The company, which owns Google, ended Monday down more than 20% off its all-time high in July. It wasn’t the only tech company that plunged. All of […]

Apple Inc. (NASDAQ:AAPL) sluggish demand for higher-end smartphones

Apple Inc. (NASDAQ:AAPL) sluggish demand for higher-end smartphones

Apple Inc. (NASDAQ:AAPL) sluggish demand for higher-end smartphones Stocks fell sharply Monday, dragged down by reports of trouble at Apple and Facebook. The Dow closed down 396 points and the Nasdaq tumbled 3%. Alphabet was also down 4%. It is now down 20% from its peak in July, placing it in bear market territory. Early […]

Alibaba Group Holding Limited (NYSE:BABA) macro headwinds are causing a lot of uncertainty

Alibaba Group Holding Limited (NYSE:BABA) macro headwinds are causing a lot of uncertainty

Alibaba Group Holding Limited (NYSE:BABA) macro headwinds are causing a lot of uncertainty Alibaba (BABA) has had a challenging 2018. So what? Astonishingly, Alibaba has strong positive tailwinds to its overall business model and Alibaba is still growing faster than nearly all its competitors. Yet, even without pricing in much in the way for growth, […]

United States Oil (USO) prices should be much lower based on supply

United States Oil (USO) prices should be much lower based on supply

United States Oil (USO) prices should be much lower based on supply Oil prices dropped again after the fifth-week loss. The price of West Texas Intermediate (WTI) for December delivery and Brent crude for January delivery lost 6.2 per cent and 4.9 per cent, respectively, during the week ending November 16. In the previous week […]

Twitter, Inc. (NYSE:TWTR) fundamentals support the bull thesis below $30

Twitter, Inc. (NYSE:TWTR) fundamentals support the bull thesis below $30

Twitter, Inc. (NYSE:TWTR) fundamentals support the bull thesis below $30 Shares of digital advertising company Twitter (NYSE:TWTR) have been on a roller coaster ride over the past several years. First, Twitter stock started off Wall Street life with a big IPO that didn’t quite deliver on supercharged expectations. Then, things took a turn for the […]

Tesla, Inc. (NASDAQ:TSLA) Breaks Out Above Buy Point

Tesla, Inc. (NASDAQ:TSLA) Breaks Out Above Buy Point

Tesla, Inc. (NASDAQ:TSLA) Breaks Out Above Buy Point The tech-heavy Nasdaq composite continued to show significant weakness in the stock market today. The Nasdaq declined more than 2.5% midday Monday. With the stock market’s uptrend under pressure, investors should be cautious about which stocks to buy as they break out past potential buy points. Tesla […]

Facebook, Inc. (NASDAQ:FB) remains in hot water over recent scandals

Facebook, Inc. (NASDAQ:FB) remains in hot water over recent scandals

Facebook, Inc. (NASDAQ:FB) remains in hot water over recent scandals Shares of Facebook, Inc. (NASDAQ:FB) were sliding today on a continuing string of bad press and amid a broader sell-off in the Nasdaq, which lost 3% on the day. Facebook closed today’s session down 5.7%, touching a 52-week-low. So what Concern about Facebook’s role in […]

Dow Jones Industrial Average (.DJI) shares of technology and internet-related companies dragging the market lower

Dow Jones Industrial Average (.DJI) shares of technology and internet-related companies dragging the market lower

Dow Jones Industrial Average (.DJI) shares of technology and internet-related companies dragging the market lower Stocks retreated sharply lower Monday, with shares of technology and internet-related companies dragging the market lower. The main equity benchmarks saw losses accelerate in morning trade after a report showed home-builders’ confidence plummeted in November. U.S. financial markets will be […]

NASDAQ Composite (.IXIC) Expected to produce a ‘death cross’

NASDAQ Composite (.IXIC) Expected to produce a ‘death cross’

NASDAQ Composite (.IXIC) Expected to produce a ‘death cross’ Netflix Inc. stock has fallen far enough and long enough to produce its first “death cross” pattern in nearly three years, and become the third member of the former FAANG technology darlings to suffer that bearish technical fate. A death cross refers to when a price […]

Bitcoin: USD/BTC (BTC=X) remains at a risk of more declines

Bitcoin: USD/BTC (BTC=X) remains at a risk of more declines

Bitcoin: USD/BTC (BTC=X) remains at a risk of more declines After a major drop towards the $5,550 level, bitcoin price started consolidating losses against the US Dollar. BTC/USD corrected a few points above the $5,650 level, but it failed to gain bullish momentum. An initial resistance is the 23.6% Fib retracement level of the last […]

Euro: USD/EUR (EUR=X) rallies into deep retracement level

Euro: USD/EUR (EUR=X) rallies into deep retracement level

Euro: USD/EUR (EUR=X) rallies into deep retracement level EUR/USD has been regaining ground, with the pair moving into the crucial 76.4% retracement at $1.1433. There is a high likeliness that we are seeing a retracement in play here, with a break above $1.15 required to negate the premise that this a short-term pullback before we see […]

Hong Kong: HANG SENG INDEX (.HSI) global uncertainties on trade and Brexit

Hong Kong: HANG SENG INDEX (.HSI) global uncertainties on trade and Brexit

Hong Kong: HANG SENG INDEX (.HSI) global uncertainties on trade and Brexit Stocks in Asia were mostly higher on Monday as ongoing tensions between the United States and China continued to weigh on investor sentiment. Chinese mainland markets traded higher: The Shanghai composite gained 0.91 percent to close at around 2,703.51 while the Shenzhen composite […]

SILVER 1 OZ 999 NY (XAG=X) solid support at $13.50

SILVER 1 OZ 999 NY (XAG=X) solid support at $13.50

SILVER 1 OZ 999 NY (XAG=X) solid support at $13.50 The silver bears have the solid overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing December futures prices above solid technical resistance at the October high of $14.95 an ounce. The next downside price breakout objective for the bears is closing […]

Singapore: STI Index (.STI) Donald Trump sparked hopes that a trade dispute with China could be resolved

Singapore: STI Index (.STI) Donald Trump sparked hopes that a trade dispute with China could be resolved

Singapore: STI Index (.STI) Donald Trump sparked hopes that a trade dispute with China could be resolved The Straits Times Index (STI) ended 29.07 or 0.95% higher at 3,083.60. The top active stocks were DBS, which advanced 0.17%, Singtel, which grew 0.03%, UOB, which climbed 0.19%, OCBC, which rose 0.10%, and ComfortDelGro, with a 0.02% […]

Australian Dollar: USD/AUD (AUD=X) breaks through key resistance level

Australian Dollar: USD/AUD (AUD=X) breaks through key resistance level

Australian Dollar: USD/AUD (AUD=X) breaks through key resistance level AUD/USD has managed to break through a crucial area of resistance, with the rally above $0.7315 pointing towards an end to the downtrend in play throughout 2018 so far. With that in mind, further upside looks likely, with a bullish short-term outlook in play unless we see […]

Shanghai: SSE Composite Index (.SSEC) Property developers and financial firms lift China shares

Shanghai: SSE Composite Index (.SSEC) Property developers and financial firms lift China shares

Shanghai: SSE Composite Index (.SSEC) Property developers and financial firms lift China shares Property developers and financial firms lifted China’s main stock indexes on Monday as the government continues to roll out policy measures to support markets, and amid growing expectations of more loose policy to come. At the close of trade, the Shanghai Composite […]

Australia: S&P/ASX 200 (.AXJO) banking royal commission weighed the finance sector

Australia: S&P/ASX 200 (.AXJO) banking royal commission weighed the finance sector

Australia: S&P/ASX 200 (.AXJO) banking royal commission weighed the finance sector Australian shares opened the week lower on Monday as the latest round of the banking royal commission weighed the finance sector. The S&P/ASX 200 Index fell 36.9 points, or 0.6 per cent, to 5693.7 while the broader All Ordinaries Index closed 36.4 points, or 0.6 per cent, […]

Japanese Yen: USD/JPY (JPY=X) resistance at 113.10

Japanese Yen: USD/JPY (JPY=X) resistance at 113.10

Japanese Yen: USD/JPY (JPY=X) resistance at 113.10 The Japanese yen has posted slight losses in the Monday session. In North American trade, USD/JPY is trading at 112.48, down 0.32% on the day. On the release front, Japan’s trade surplus rose to JPY 0.30 trillion, lower than the estimate of JPY 0.48 trillion. There are no […]

GOLD 1 OZ (XAU=X) support at $1,218.50

GOLD 1 OZ (XAU=X) support at $1,218.50

GOLD 1 OZ (XAU=X) support at $1,218.50 Technically, the gold bears have the overall near-term technical advantage. Gold bulls’ next upside near-term price breakout objective is to produce a close in December futures above solid technical resistance at the October high of $1,246.00. Bears’ next near-term downside price breakout objective is pushing prices below solid […]

British Pound: USD/GBP (GBP=X) continues to climb after recent sell-off

British Pound: USD/GBP (GBP=X) continues to climb after recent sell-off

British Pound: USD/GBP (GBP=X) continues to climb after recent sell-off GBP/USD is continuing its ascent following the sharp deterioration through last week. This looks likely to be a retracement, yet given the size of the initial downturn, it is likely that we will see further upside in the near term as the pair forms a deeper […]

Tesla, Inc. (NASDAQ:TSLA) expect profit and positive free cash flow

Tesla, Inc. (NASDAQ:TSLA) expect profit and positive free cash flow

Tesla, Inc. (NASDAQ:TSLA) expect profit and positive free cash flow A big pile of debt comes due at Tesla March 1 – $920 million worth. But starting in two weeks, the company has a chance to make it disappear. The debt is in the form of convertible bonds, a special kind of instrument that can […]

Apple Inc. (NASDAQ:AAPL) Target $253.00

Apple Inc. (NASDAQ:AAPL) Target $253.00

Apple Inc. (NASDAQ:AAPL) Target $253.00 Apple (NASDAQ:AAPL) had its price objective lifted by Morgan Stanley from $226.00 to $253.00 in a research note released on Thursday, November 8th, Marketbeat reports. The firm currently has an overweight rating on the iPhone maker’s stock. A number of other research analysts also recently issued reports on the stock. BTIG Research upgraded […]

Dow Jones Industrial Average (.DJI) higher after Trump said China seemed willing to make a deal on trade

Dow Jones Industrial Average (.DJI) higher after Trump said China seemed willing to make a deal on trade

Dow Jones Industrial Average (.DJI) higher after Trump said China seemed willing to make a deal on trade The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods, but falling shares of Nvidia Corp dragged down the Nasdaq. […]

Alibaba Group Holding Limited (NYSE:BABA) broke all sales records this year

Alibaba Group Holding Limited (NYSE:BABA) broke all sales records this year

Alibaba Group Holding Limited (NYSE:BABA) broke all sales records this year Chinese e-commerce leader Alibaba (NYSE:BABA) just completed its ninth annual Singles Day sales event and smashed all previous records by selling $30.8 billion worth of goods. To put that in perspective, the five-day kickoff to the Christmas shopping season that begins on Thursday, Thanksgiving […]

Alphabet Inc. (NASDAQ:GOOG) data privacy concerns weigh on the shares

Alphabet Inc. (NASDAQ:GOOG) data privacy concerns weigh on the shares

Alphabet Inc. (NASDAQ:GOOG) data privacy concerns weigh on the shares Shares of Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), the parent company of Google, continue to struggle. Despite Alphabet’s robust earnings and revenue growth, investors have sold GOOG stock as competition and data privacy concerns weigh on the shares. In the long run, growing profits and falling multiples will […]

United States Oil (USO) traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply

United States Oil (USO) traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply

United States Oil (USO) traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply Oil prices rose on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply towards the end of the year. Despite that, market sentiment remains weak on signs of a demand […]

Facebook, Inc. (NASDAQ:FB) Too Slow To Take Action?

Facebook, Inc. (NASDAQ:FB) Too Slow To Take Action?

Facebook, Inc. (NASDAQ:FB) Too Slow To Take Action? Facebook stock fell to a 21-month low Friday, following an explosive New York Times article this week that raised questions about how the social media behemoth handled the spread of disinformation and other problems. The Times report on Facebook (FB) described how Chief Executive Mark Zuckerberg and […]

Twitter, Inc. (NYSE:TWTR) a technical goldmine

Twitter, Inc. (NYSE:TWTR) a technical goldmine

Twitter, Inc. (NYSE:TWTR) a technical goldmine Social stocks have gotten slammed, but one has survived the sector’s meltdown. Over the past month, Twitter has rallied nearly 18 percent, while Facebook has dropped 6 percent, Snap 10 percent and Alphabet 6 percent. In the past three months, as the rest tanked double digits, Twitter has sustained […]

NVIDIA Corporation (NASDAQ:NVDA) missed expectations

NVIDIA Corporation (NASDAQ:NVDA) missed expectations

NVIDIA Corporation (NASDAQ:NVDA) missed expectations Over the last week, we’ve seen surveys indicating investors turning more cautious, Wall Street have a falling out with its favorite stock (Apple), and data showing just how harshly investors judged poor earnings over the last quarter. The more than 18% drop in shares of Nvidia (NVDA) on Friday — […]

Australian Dollar: USD/AUD (AUD=X) enjoying an upbeat jobs report and a focus on others’ troubles

Australian Dollar: USD/AUD (AUD=X) enjoying an upbeat jobs report and a focus on others’ troubles

Australian Dollar: USD/AUD (AUD=X) enjoying an upbeat jobs report and a focus on others’ troubles The Australian dollar stabilized on higher ground, enjoying an upbeat jobs report and a focus on others’ troubles. The Reserve Bank of Australia stands out in the upcoming week. Here are the highlights of the week and an updated technical analysis for AUD/USD. […]

SILVER 1 OZ 999 NY (XAG=X) fears of a marked global economic slowdown

SILVER 1 OZ 999 NY (XAG=X) fears of a marked global economic slowdown

SILVER 1 OZ 999 NY (XAG=X) fears of a marked global economic slowdown The gold/silver ratio has risen to its highest level in roughly a quarter century, with silver suffering from both weakness in precious metals lately but also dragged down by pessimism about base metals. “The silver price has been very weak in recent […]

GOLD 1 OZ (XAU=X) focus of the market has turned slightly to geopolitical issues

GOLD 1 OZ (XAU=X) focus of the market has turned slightly to geopolitical issues

GOLD 1 OZ (XAU=X) focus of the market has turned slightly to geopolitical issues GOLD PRICES rose against a falling US Dollar on Friday, halving last week’s 1.9% drop to trade back above $1220 per ounce as Western stock markets fell and crude oil rallied from this month’s 17% plunge so far. Gold priced in […]

Singapore: STI Index (.STI) caution over potential US-China trade deal

Singapore: STI Index (.STI) caution over potential US-China trade deal

Singapore: STI Index (.STI) caution over potential US-China trade deal Singapore stocks ended higher on the last trading day of the week, with the Straits Times Index gaining one per cent, or 29.07 points, to 3,083.6 on Friday’s close. The field was roughly evenly matched, with 181 gainers to 193 losers, as some 850.4 million […]

Shanghai: SSE Composite Index (.SSEC) hopes for a resumption of negotiations

Shanghai: SSE Composite Index (.SSEC) hopes for a resumption of negotiations

Shanghai: SSE Composite Index (.SSEC) hopes for a resumption of negotiations China stocks rebounded on Thursday morning after China delivered a written response to US trade demands, lifting hopes for a resumption of negotiations, and as property firms gained after data showed new home prices rose in October. At the midday break, the Shanghai Composite […]

Japanese Yen: USD/JPY (JPY=X) falters again

Japanese Yen: USD/JPY (JPY=X) falters again

Japanese Yen: USD/JPY (JPY=X) falters again USD/JPY continues to weaken, and we look for further declines towards the 50-day simple moving average (SMA) at ¥112.76. Rallies have been sold into over the past few days, but a rebound above ¥113.64 would be bullish in the near term. Overall, the bias in prices is: Sideways. By the […]

Australia: S&P/ASX 200 (.AXJO) expected to start the trading week higher

Australia: S&P/ASX 200 (.AXJO) expected to start the trading week higher

Australia: S&P/ASX 200 (.AXJO) expected to start the trading week higher The Australian share market is expected to start the trading week higher, after an encouraging end to the latest session on Wall Street. But the market is likely to be volatile in the week ahead as uncertainty remains around a number of global issues, […]

British Pound: USD/GBP (GBP=X) focus on Brexit

British Pound: USD/GBP (GBP=X) focus on Brexit

British Pound: USD/GBP (GBP=X) focus on Brexit The rally of GBP/USD earlier in the week has faltered, and the price finds itself back below $1.305. Further declines will head towards $1.28, the lows from earlier in the week, while a rally above $1.305 would open the way to $1.32. With headlines appearing throughout the day, the pair […]

Hong Kong: HANG SENG INDEX (.HSI) slowdown in growth

Hong Kong: HANG SENG INDEX (.HSI) slowdown in growth

Hong Kong: HANG SENG INDEX (.HSI) slowdown in growth ‘China wants a deal’: Trump: President Donald Trump said he is optimistic about resolving the US trade dispute with China after receiving a response to his demands from Beijing. In Hong Kong, the Hang Seng index was up 0.3 per cent at 26,183.53 on Friday, and […]

Euro: USD/EUR (EUR=X) still stuck in downtrend

Euro: USD/EUR (EUR=X) still stuck in downtrend

Euro: USD/EUR (EUR=X) still stuck in downtrend EUR/USD has rallied off the lows but remains in a broader downtrend from the highs of September. A failure to push on above $1.135 would signal that we have more declines ahead, while a rally above this level would head towards $1.1554. Overall, the bias in prices is: Downwards. […]

Tesla, Inc. (NASDAQ:TSLA) expects to post a profitable fourth quarter

Tesla, Inc. (NASDAQ:TSLA) expects to post a profitable fourth quarter

Tesla, Inc. (NASDAQ:TSLA) expects to post a profitable fourth quarter Tesla will deliver its mid-range Model 3 by the end of the year to U.S.-based customers who place their order by Nov. 30, thanks to additional trucking capacity, chief executive Elon Musk said on Thursday. “Tesla just acquired trucking capacity to ensure Model 3 can […]

Facebook, Inc. (NASDAQ:FB) a bear market for social media

Facebook, Inc. (NASDAQ:FB) a bear market for social media

Facebook, Inc. (NASDAQ:FB) a bear market for social media Revenues have continued to grow at a torrid pace for Facebook in spite of slowing growth in user count and mounting scrutiny. The company’s advertising platform delivered 33% more sales than a year ago during the third quarter of 2018. The problem, though, is that profit […]

Bitcoin: USD/BTC (BTC=X) likely to face sellers near $5,615 or $5,815

Bitcoin: USD/BTC (BTC=X) likely to face sellers near $5,615 or $5,815

Bitcoin: USD/BTC (BTC=X) likely to face sellers near $5,615 or $5,815 Yesterday, we discussed a possible sell scenario below $6,350 in bitcoin price against the US Dollar. The BTC/USD pair broke down and nosedived below a few important supports such as $6,150, $6,000 and $5,650. The decline was such that the price traded below $5,400 […]

Alphabet Inc. (NASDAQ:GOOG) Experts Consider It a ‘Sell’

Alphabet Inc. (NASDAQ:GOOG) Experts Consider It a ‘Sell’

Alphabet Inc. (NASDAQ:GOOG) Experts Consider It a ‘Sell’ Amazon (NASDAQ:AMZN) had brick-and-mortar retailers quaking in their boots about its disruptive takeover of retail. Many segments are worried. Advertising is next in Amazon’s cross-hairs. Amazon’s ad business is fairly new but growing fast, accelerating to triple-digit growth rates. Meanwhile, Facebook’s (NASDAQ:FB) and Google’s (NASDAQ:GOOG)(NASDAQ:GOOGL) growth rates […]

Apple Inc. (NASDAQ:AAPL) set to snap 5-day losing streak as market cap climbs back above $900 billion

Apple Inc. (NASDAQ:AAPL) set to snap 5-day losing streak as market cap climbs back above $900 billion

Apple Inc. (NASDAQ:AAPL) set to snap 5-day losing streak as market cap climbs back above $900 billion Shares of Apple Inc. rebounded Thursday, as they attempted to snap a five-day skid lower, after Morgan Stanley analyst Katy Huberty said she believes the recent weakness has been an overreaction to sales warnings from smartphone suppliers, which […]

United States Oil (USO) domestic supplies rise an 8th week

United States Oil (USO) domestic supplies rise an 8th week

United States Oil (USO) domestic supplies rise an 8th week U.S. oil prices climbed Thursday, but finished below the session’s best level as data from the U.S. government showed that domestic-crude supplies rose more than expected and for an eighth week in a row as output reached a record. Tariq Zahir, managing member at Tyche […]

Dow Jones Industrial Average (.DJI) opens nearly 200 points lower

Dow Jones Industrial Average (.DJI) opens nearly 200 points lower

Dow Jones Industrial Average (.DJI) opens nearly 200 points lower U.S. stock benchmarks on Thursday opened modestly lower as investors wrestled with the implications of a hard Brexit for domestic financail markets–the latest in a series of nagging concerns for the market. Prime Minister Theresa May’s attempt at staging an orderly exit from the European […]

Twitter, Inc. (NYSE:TWTR) technical goldmine

Twitter, Inc. (NYSE:TWTR) technical goldmine

Twitter, Inc. (NYSE:TWTR) technical goldmine Social stocks have gotten slammed, but one has survived the sector’s meltdown. Over the past month, Twitter has rallied nearly 18 percent, while Facebook has dropped 6 percent, Snap 10 percent and Alphabet 6 percent. In the past three months, as the rest tanked double digits, Twitter has sustained just […]

NASDAQ Composite (.IXIC) broke a losing streak spanning five sessions

NASDAQ Composite (.IXIC) broke a losing streak spanning five sessions

NASDAQ Composite (.IXIC) broke a losing streak spanning five sessions The S&P 500 broke a losing streak spanning five sessions as investors showed affection for technology stocks, which led the market higher. The Nasdaq Composite Index posted the biggest gain, climbing 1.7%, while the S&P 500 surged 1.1%, followed by the Dow Jones Industrial Average, […]

Alibaba Group Holding Limited (NYSE:BABA) may be finally starting to rally

Alibaba Group Holding Limited (NYSE:BABA) may be finally starting to rally

Alibaba Group Holding Limited (NYSE:BABA) may be finally starting to rally Alibaba Group Holding Limited (BABA) augmented 2.35% to strike $150.44 in the Wednesday trading session. The stock’s quarterly performance specifies a shift of -12.53% and its performance is stands at -17.25% for last twelve month while moved -23.25% for the past six months. 21.79 million shares changed at […]

GOLD 1 OZ (XAU=X) solid technical resistance at $1,230.00

GOLD 1 OZ (XAU=X) solid technical resistance at $1,230.00

GOLD 1 OZ (XAU=X) solid technical resistance at $1,230.00 Technically, the gold bears still have the overall near-term technical advantage. Gold bulls’ next upside near-term price breakout objective is to produce a close in December futures above solid technical resistance at $1,230.00. Bears’ next near-term downside price breakout objective is pushing prices below solid technical support at […]

SILVER 1 OZ 999 NY (XAG=X) posting modest gains

SILVER 1 OZ 999 NY (XAG=X) posting modest gains

SILVER 1 OZ 999 NY (XAG=X) posting modest gains Gold and silver prices are modestly higher in early-afternoon U.S. trading Thursday. Some worries about the health of the U.S. stock market, following the recent sell-offs and increased volatility, are supporting the safe-haven metals. The precious metals bulls are impressed their markets are able to post […]

Singapore: STI Index (.STI) Edges Higher

Singapore: STI Index (.STI) Edges Higher

Singapore: STI Index (.STI) Edges Higher Singapore stocks finished 0.4 per cent higher on Thursday, with the Straits Times Index gaining 11.34 points to 3,054.53. Gainers outnumbered losers 222 to 170, as some 1.91 billion shares worth S$1.06 billion in total changed hands. The most actively traded counter was Genting Singapore, which rose S$0.025 to S$0.950 […]

Australia: S&P/ASX 200 (.AXJO) staging a stunning turnaround in the last hour of trade

Australia: S&P/ASX 200 (.AXJO) staging a stunning turnaround in the last hour of trade

Australia: S&P/ASX 200 (.AXJO) staging a stunning turnaround in the last hour of trade  The ASX 200 index finished the session up 3 points, staging a stunning turnaround in the last hour of trade as banks & miners recovered earlier losses. Australian shares rallied late on Thursday to close the session higher as mild losses […]

British Pound: USD/GBP (GBP=X) rocked by Brexit headlines

British Pound: USD/GBP (GBP=X) rocked by Brexit headlines

British Pound: USD/GBP (GBP=X) rocked by Brexit headlines The rally of GBP/USD earlier in the week has faltered, and the price finds itself back below $1.305. Further declines will head towards $1.28, the lows from earlier in the week, while a rally above $1.305 would open the way to $1.32. With headlines appearing throughout the day, the […]

Euro: USD/EUR (EUR=X) still stuck in downtrend

Euro: USD/EUR (EUR=X) still stuck in downtrend

Euro: USD/EUR (EUR=X) still stuck in downtrend EUR/USD has rallied off the lows but remains in a broader downtrend from the highs of September. A failure to push on above $1.135 would signal that we have more declines ahead, while a rally above this level would head towards $1.1554. Overall, the bias in prices is: Downwards. […]

Hong Kong: HANG SENG INDEX (.HSI) posting their strongest daily gains in nearly two weeks

Hong Kong: HANG SENG INDEX (.HSI) posting their strongest daily gains in nearly two weeks

Hong Kong: HANG SENG INDEX (.HSI) posting their strongest daily gains in nearly two weeks Hong Kong shares ended firmer, after posting their strongest daily gains in nearly two weeks on Thursday, lifted by hopes that discussions between China and the United States could lead to a trade war detente and as strong earnings from […]

Shanghai: SSE Composite Index (.SSEC) stocks rise on hopes for trade talks

Shanghai: SSE Composite Index (.SSEC) stocks rise on hopes for trade talks China stocks were higher after the close on Thursday, as gains in the Telecoms, Mobile and Software & Computer Services sectors led shares higher. At the close in Shanghai, the Shanghai Composite gained 1.36%, while the SZSE Component index gained 1.18%. The best […]

Australian Dollar: USD/AUD (AUD=X) sweeps higher after solid labour market report draws bid

Australian Dollar: USD/AUD (AUD=X) sweeps higher after solid labour market report draws bid

Australian Dollar: USD/AUD (AUD=X) sweeps higher after solid labour market report draws bid The Australian Dollar swept higher against all rivals Thursday after official data showed the Antipodean labour market going from strength-to-strength in October, but some analysts are warning that things might already be about as good as they are likely to get for […]

Japanese Yen: USD/JPY (JPY=X) falters again

Japanese Yen: USD/JPY (JPY=X) falters again

Japanese Yen: USD/JPY (JPY=X) falters again USD/JPY continues to weaken, and we look for further declines towards the 50-day simple moving average (SMA) at ¥112.76. Rallies have been sold into over the past few days, but a rebound above ¥113.64 would be bullish in the near term. Overall, the bias in prices is: Sideways. By the […]

Bitcoin: USD/BTC (BTC=X) bulls might see bounce-back

Bitcoin: USD/BTC (BTC=X) bulls might see bounce-back

Bitcoin: USD/BTC (BTC=X) bulls might see bounce-back Bitcoin [BTC] has recently seen a drop, breaking the resistance at the $6,220-mark to provide an extremely bearish outlook. However, traders might see an opportunity for a retracement as the coin is yet to recover to its previous support levels. There is no visible uptrend, as the price […]

Twitter, Inc. (NYSE:TWTR) new opportunities to grow market share and advertising with digital natives

Twitter, Inc. (NYSE:TWTR) new opportunities to grow market share and advertising with digital natives

Twitter, Inc. (NYSE:TWTR) new opportunities to grow market share and advertising with digital natives It certainly hasn’t hurt that the president of the United States uses his Twitter account as his direct line to the public, outside the filter of the media and many times, his own advisors. Whether people love him or hate him, […]

Alibaba Group Holding Limited (NYSE:BABA) negative sentiment tends to continue

Alibaba Group Holding Limited (NYSE:BABA) negative sentiment tends to continue

Alibaba Group Holding Limited (NYSE:BABA) negative sentiment tends to continue China’s largest online shopping event, Singles day, was Sunday – and from a sales-perspective, it didn’t disappoint. The shopping event, started by Alibaba 10 years ago, racked up over $30b in gross merchandise value – nearly a 27% gain from last year – setting a […]

United States Oil (USO) pressured by rising supply going into a market

United States Oil (USO) pressured by rising supply going into a market

United States Oil (USO) pressured by rising supply going into a market Oil prices fell on Thursday, pressured by rising supply going into a market in which consumption is expected to slow down amid a glum economic outlook. Front-month Brent crude oil futures were trading at $65.90 per barrel at 0254 GMT, down 22 cents, […]

Tesla, Inc. (NASDAQ:TSLA) expected to be profitable again in Q4

Tesla, Inc. (NASDAQ:TSLA) expected to be profitable again in Q4

Tesla, Inc. (NASDAQ:TSLA) expected to be profitable again in Q4 The first big move for Tesla last month came on Monday, Oct. 1, after Musk settled with the SEC over allegations that he had misled investors with tweets about the automaker’s potential privatization . Adding even more fuel to the stock’s move on Oct. 1, […]

Dow Jones Industrial Average (.DJI) logging its longest losing streak in three months

Dow Jones Industrial Average (.DJI) logging its longest losing streak in three months

Dow Jones Industrial Average (.DJI) logging its longest losing streak in three months U.S. stocks closed lower Wednesday, with the Dow Jones Industrial Average logging its longest losing streak in three months, as blue-chip Apple Inc. flirted with bear-market territory. Apple’s weakness was weighing on investors’ confidence, which had already been battered by oil’s abrupt […]

Alphabet Inc. (NASDAQ:GOOG) Maps just turned into a messaging app with this new feature

Alphabet Inc. (NASDAQ:GOOG) Maps just turned into a messaging app with this new feature

Alphabet Inc. (NASDAQ:GOOG) Maps just turned into a messaging app with this new feature Google Maps is in the midst of pulling off a pretty interesting evolution these days, going from being a simple navigational tool that helps you get from Point A to Point B and into the app equivalent of a Swiss Army […]

Facebook, Inc. (NASDAQ:FB) employees reveal that the overall workplace sentiment had turned bleaker

Facebook, Inc. (NASDAQ:FB) employees reveal that the overall workplace sentiment had turned bleaker

Facebook, Inc. (NASDAQ:FB) employees reveal that the overall workplace sentiment had turned bleaker Facebook Inc. (FB) saw a drop in both stock price and employee morale over the past year. According to a report by The Wall Street Journal, an internal survey taken by around 29,000 employees revealed that the overall workplace sentiment had turned […]

Apple Inc. (NASDAQ:AAPL) on the brink of a 5th straight loss as market capitalization breaks below $900 billion

Apple Inc. (NASDAQ:AAPL) on the brink of a 5th straight loss as market capitalization breaks below $900 billion

Apple Inc. (NASDAQ:AAPL) on the brink of a 5th straight loss as market capitalization breaks below $900 billion Shares of Apple Inc. tumbled toward a four-month low on Wednesday, after Guggenheim Securities analyst Robert Cihra cut his rating and earnings estimate, saying rising selling prices is “no longer enough” to offset weakening iPhone units. The […]

NASDAQ Composite (.IXIC) tech stocks under pressure again

NASDAQ Composite (.IXIC) tech stocks under pressure again

NASDAQ Composite (.IXIC) tech stocks under pressure again The Nasdaq 100 index slipped back into correction territory on Monday as fears of slower iPhone sales hurt Apple shares, which in turn weighed on the wider technology sector. The latest sell-off has cut short the Nasdaq’s recovery from October’s 6-month lows and raised questions about the […]

Shanghai: SSE Composite Index (.SSEC) new data underscored concerns about weaker economic growth

Shanghai: SSE Composite Index (.SSEC) new data underscored concerns about weaker economic growth

Shanghai: SSE Composite Index (.SSEC) new data underscored concerns about weaker economic growth China’s stock markets ended weaker on Wednesday as new data underscored concerns about weaker economic growth and as energy producers slipped on plunging oil prices. At the close, the Shanghai Composite index was down 0.9 percent at 2,632.24 points. The blue-chip CSI300 […]

Australian Dollar: USD/AUD (AUD=X) downside likely after overnight retracement

Australian Dollar: USD/AUD (AUD=X) downside likely after overnight retracement

Australian Dollar: USD/AUD (AUD=X) downside likely after overnight retracement AUD/USD managed to regain some ground following a fall below the $0.7182 swing low. That break below $0.7182 means that the upside we have been seeing is likely to be a retracement of the $0.73-$0.7164 sell-off, before we turn lower once more. However, with price the heading […]

British Pound: USD/GBP (GBP=X) falters at 61.8% retracement

British Pound: USD/GBP (GBP=X) falters at 61.8% retracement

British Pound: USD/GBP (GBP=X) falters at 61.8% retracement GBP/USD has been gaining ground as markets digest the potential culmination of Brexit talks which have produced a proposal for parliament and EU member states to consider. There is undoubtedly a chance that this could be the beginning of a wider recovery if the agreement was voted through. However, it […]

Hong Kong: HANG SENG INDEX (.HSI) Rally May Stall

Hong Kong: HANG SENG INDEX (.HSI) Rally May Stall

Hong Kong: HANG SENG INDEX (.HSI) Rally May Stall The Hong Kong stock market has moved higher in back-to-back trading days, gathering almost 200 points or 0.8 percent along the way. The Hang Seng Index now rests just above the 25,790-point plateau although investors may cash in on Wednesday. The global forecast for the Asian […]

Singapore: STI Index (.STI) shares slip as oil tumbles

Singapore: STI Index (.STI) shares slip as oil tumbles

Singapore: STI Index (.STI) shares slip as oil tumbles The key stock index had declined 20% this year as of Tuesday, making it the worst performer in Southeast Asia. Indonesian shares closed higher for a second straight session with material and consumer stocks dominating the gains. “It is more of a technical rebound than a […]

GOLD 1 OZ (XAU=X) show minimal price reactions

GOLD 1 OZ (XAU=X) show minimal price reactions

GOLD 1 OZ (XAU=X) show minimal price reactions Gold prices are near unchanged and hovering just above $1,200.00 in early U.S. trading Wednesday. The silver market is slightly down and dipped to a nearly three-year low overnight. Both metals showed minimal price reactions to just-released U.S. inflation data. December gold futures were last up $0.70 […]

Japanese Yen: USD/JPY (JPY=X) preparing for a breakout

Japanese Yen: USD/JPY (JPY=X) preparing for a breakout

Japanese Yen: USD/JPY (JPY=X) preparing for a breakout Amid the recent pressure on U.S. stocks, traditional safe-haven assets have not performed well. Weakness in the Japanese yen, Swiss franc, and gold have highlighted the limited interest in fleeing from U.S. equities. However, this dynamic may be ready to shift. A reversal of today’s early rallies […]

Euro: USD/EUR (EUR=X) rebound unlikely to last

Euro: USD/EUR (EUR=X) rebound unlikely to last

Euro: USD/EUR (EUR=X) rebound unlikely to last EUR/USD has been gaining ground following last week’s sell-off, with the selling pressure easing somewhat. However, the wider bearish trend remains intact, and there is a strong chance that this rebound is going to falter before long. With that in mind, watch for a potential bearish reversal in the […]

Australia: S&P/ASX 200 (.AXJO) continues to weaken

Australia: S&P/ASX 200 (.AXJO) continues to weaken

Australia: S&P/ASX 200 (.AXJO) continues to weaken Australian shares extended their losses from the previous session on Wednesday, as the financial, material and energy stocks wiped $30.3 billion from the ASX board. The S&P/ASX 200 Index closed 101.4 points, or 1.7 per cent, lower at 5732.8 while the broad All Ordinaries Index fell 100.3 points, […]

Tesla, Inc. (NASDAQ:TSLA) sending out emails to reservation holders to come see the Model 3

Tesla, Inc. (NASDAQ:TSLA) sending out emails to reservation holders to come see the Model 3

Tesla, Inc. (NASDAQ:TSLA) sending out emails to reservation holders to come see the Model 3 When Tesla (TSLA – Get Report) produced 5,000 Model 3s per week at the end of the second quarter, it didn’t result in a linear line of production progress. But it did mark a turning point for management’s credibility, a […]

Twitter, Inc. (NYSE:TWTR) Gains As Market Dips

Twitter, Inc. (NYSE:TWTR) Gains As Market Dips

Twitter, Inc. (NYSE:TWTR) Gains As Market Dips Twitter (TWTR) closed the Monday at final price of $32.01 after traded 18114281 shares. The average volume was noted at 24632.4K shares while its relative volume was seen at 0.74. Volume indicator is significant for screening stocks. Average volume—the typical volume seen in a day over a period time—helps […]

NASDAQ Composite (.IXIC) suffered triple-digit losses in the previous session

NASDAQ Composite (.IXIC) suffered triple-digit losses in the previous session

NASDAQ Composite (.IXIC) suffered triple-digit losses in the previous session Stocks closed mostly lower after a volatile session Tuesday as oil prices cratered, dragging the energy sector sharply lower, and a resolution of the U.S.-China trade war remained elusive. Major indexes had bounced back in the morning as large-capitalization technology names appeared to have regained […]

Alphabet Inc. (NASDAQ:GOOG) will tap Geisinger CEO for health initiative

Alphabet Inc. (NASDAQ:GOOG) will tap Geisinger CEO for health initiative

Alphabet Inc. (NASDAQ:GOOG) will tap Geisinger CEO for health initiative Google is moving quickly to reorganise its efforts in healthcare, creating a new unit called Google Health and folding in the healthcare arm from its DeepMind AI subsidiary. DeepMind Health will become part of Google Health. The reorganisation comes just four days after Google announced […]

United States Oil (USO) officially entering a bear market

United States Oil (USO) officially entering a bear market

United States Oil (USO) officially entering a bear market Oil prices sank on Tuesday, with U.S. benchmark crude settling at its lowest year-to-date, stretching its record streak of losses to a 12th session, and global benchmark crude officially entering a bear market. Natural-gas futures, meanwhile, jumped by more than 8%, to settle at their highest […]

Dow Jones Industrial Average (.DJI) falls in wild session as Wall Street fails

Dow Jones Industrial Average (.DJI) falls in wild session as Wall Street fails

Dow Jones Industrial Average (.DJI) falls in wild session as Wall Street fails Stocks fell in volatile trading on Tuesday, failing to regain their footing after suffering steep losses in the previous session. The Dow Jones Industrial Average fell 100.69 points to 25,286.49, while the S&P 500 dipped 0.2 percent to 2,722.18, posting its fourth […]

Alibaba Group Holding Limited (NYSE:BABA) reported a record $30.8 billion for Singles Day

Alibaba Group Holding Limited (NYSE:BABA) reported a record $30.8 billion for Singles Day

Alibaba Group Holding Limited (NYSE:BABA) reported a record $30.8 billion for Singles Day Less than three weeks before American retailers and shoppers kick of the massive Black Friday holiday sales event, Alibaba Group Holding Ltd (NYSE: BABA) reported a record $30.8 billion in gross merchandise volume (GMV) for its Singles Day shopping event over the […]

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