Singapore: STI Index (.STI) rebound on Wall Street likely to provide a lift to local sentiment today Wall Street’s rebound could fuel gains today. The Straits Times Index ended 11.66 or 0.38% points lower at 3,041.31. The top active stocks were DBS, which dipped 0.24%, OCBC, which slipped 0.08%, UOB, which rose 0.15%, Singtel, which […]
SILVER 1 OZ 999 NY (XAG=X) continue to trade based upon the US dollar Silver markets continue to show signs of strength on Tuesday, reaching towards the $14.90 level before running into resistance. Silver markets will continue to trade based upon the US dollar, so make sure you are paying attention to how it is […]
Euro: USD/EUR (EUR=X) consolidates after recent rebound EUR/USD has been pushing higher off the back of a two-week period of losses. We are now seemingly in a period of consolidation, where a break through support ($1.1544) or resistance ($1.1609) would signal where we go from here. A break to the downside would look like a potential […]
Hong Kong: HANG SENG INDEX (.HSI) recover their poise after Fed jolt The Fed signaled its confidence in the U.S. economy by raising a key interest rate for a third time this year. It lifted its short-term rate — a benchmark for many consumer and business loans — by a quarter-point to a range of […]
Australian Dollar: USD/AUD (AUD=X) upside unlikely to last AUD/USD has been gaining ground over the past week, with a rising wedge coming into play. That is a bearish pattern, pointing towards a possible breakdown before long. Given the wider downtrend in play, such a breakdown would be consistent with the primary long-term trend. Thus, watch for […]
Australia: S&P/ASX 200 (.AXJO) best performance in four months Australian shares recorded their best performance in four months on Wednesday as they extended their gains from the previous session. The S&P/ASX 200 Index closed 69.2 points, or 1.2 per cent, higher at 5939.1, following on from a strong session on Wall Street on Tuesday. Australian […]
UK FTSE 100 (.FTSE) blue-chips back off from winning streak Footsie finished down nearly five points at 7,054. The FTSE 250 tanked lower- shedding almost 136 points at 19,013. The pound fell after inflation data showed it had slowed to its lowest level in 18 months in September. “Pound traders will now turn their attention […]
GOLD 1 OZ (XAU=X) head lower from a three-month perspective The impact of stronger dollar index, low demand from India, trade war, increasing bond US yields, meagre flows into SPDR gold trust, optimism in the US economy, good economic data sets in the US are the factors for gold prices to head lower from a […]
Japanese Yen: USD/JPY (JPY=X) renewed selling pressure The USD/JPY pair came under a renewed selling pressure in the early NA session as the weakening market sentiment allowed the JPY to gather strength as a safe-haven. After dropping to a fresh daily low at 112.06, the pair recovered slightly and was last seen trading at 112.12, […]
Shanghai: SSE Composite Index (.SSEC) trading 50% below its bubble high of 2015 The Chinese stock market has lost $3 trillion in the last six months since the beginning of the trade war with the US. The Shanghai Composite Index, the country’s benchmark stock index is trading now 50% below its bubble high of 2015. […]
Canadian Dollar: USD/CAD (CAD=X) could rise more than 5% during months ahead The Canadian Dollar is set to remain in a holding pattern against the greenback over coming months but is likely to cede ground to an oversold Australian Dollar going forward, according to analysts at TD Securities and CIBC Capital Markets. Bank of Canada (BoC) monetary policy means […]
The Street’s Key Stock Analysts Research Reports $ADBE, $BAC, $BSX, $FB, $HRS, $LVS, $PM, $SKY, $TLRY Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of the Street’s Key analysts outlook for main issues for Wednesday, […]
Tesla’s (NASDAQ:TSLA) $1-B+ Debt Payments Loom, Wall Street Bankers Ready to Pounce $TSLA The fledgling niche EV maker has over $1-B in debt that will come due between November and March Bankers are coming to Tesla with financing ideas as debt payments loom, but Tesla officials have indicated that the automaker does not feel the pressure to […]
Tesla, Inc. (NASDAQ:TSLA) It is time to create a mecha? For Tesla (ticker: TSLA) investors, at least, it seems to be. Shares of Elon Musk’s company were ahead more than 6.5% in Tuesday trading following news that should bookend the era of Musk’s now-legendary “going private” tweet. A federal judge approved settlements of securities-fraud litigation […]
Alphabet Inc. (NASDAQ:GOOG) the Pixel 3 could be the last phone you ever buy If you wanted, the Pixel 3 could be the last phone you ever buy. Is that dramatic? Maybe so. After all, we’ve been conditioned to upgrade our phones every two years now – or, for some people, every year. At this […]
Alibaba Group Holding Limited (NYSE:BABA) sharpening its data-sharing feature China’s homegrown e-commerce king is getting ahead of that question. Alibaba actually offers its data to the companies that sell on its platform, so they can tweak their products to better entice Chinese shoppers. Show less Driving the news: Alibaba is sharpening its data-sharing feature, which it offers to […]
United States Oil (USO) tensions between the U.S. and Saudi Arabia The U.S. oil benchmark edged higher on Tuesday, finding support as traders watched developments tied to tensions between the U.S. and Saudi Arabia over a missing Saudi journalist, which could lead the Saudis to curtail crude output. Prices also got a boost after S&P […]
Dow Jones Industrial Average (.DJI) jumps by more than 500 points The Dow Jones Industrial Average was trading sharply higher midday Tuesday, putting blue chips on track to book the best one-day gain since March. The Dow DJIA, +2.17% was up about 492 points, or 2%, at 25,739. If it holds the gain would represent […]
Twitter, Inc. (NYSE:TWTR) gaining attention from Active Investors Twitter (TWTR) stock gained attention from Active Investors. Active investors purchase investments and continuously monitor their activity in order to exploit profitable conditions. Active investing is highly involved. Unlike passive investors, who invest in a stock when they believe in its potential for long-term appreciation, active investors […]
NASDAQ Composite (.IXIC) reason to feel better about their rebounds The major indexes extended gains Tuesday afternoon in a broad advance, and the Nasdaq composite and S&P 500 today have a reason to feel better about their rebounds. Indexes gapped up at the open and have trended higher all day, a good sign after the […]
Apple Inc. (NASDAQ:AAPL) iPhone sales and earnings per share are important Apple (NASDAQ:AAPL) earnings are coming up — and lots of investors will be watching. Scheduled for Nov. 1, the earnings release will give investors a better idea of how sustainable the company’s reinvigorated growth rates are. Both Apple’s revenue and earnings-per-share growth rates have […]
Facebook, Inc. (NASDAQ:FB) time to buy? Every day, Wall Street analysts upgrade some stocks, downgrade others, and “initiate coverage” on a few more. But do these analysts even know what they’re talking about? Today, we’re taking one high-profile Wall Street pick and putting it under the microscope… Decelerating revenue growth, shrinking margins, and surging expenses: […]
Bitcoin: USD/BTC (BTC=X) could dip towards the $6,340 or $6,320 Yesterday, we saw a sharp upward move above the $6,700 level in bitcoin price against the US Dollar. The BTC/USD pair traded above the $6,800 level and topped at $6,829. Later, there was a major downside move and the price reversed most gains below $6,500. […]
Gold Edged Down, USD Edged Up + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold stays near 2.5 month high as risk aversion lends support In Asia Gold prices edged lower early Wednesday as stocks gained and USD firmed on fading risk-averse sentiment, with the market awaiting mins from the Fed’s FOMC latest policy meeting […]
Canada is the World’s Largest Legal Marijuana Marketplace Canada is now the largest country in the world with a legal national marijuana marketplace as sales began early Wednesday in Newfoundland. There is more good news for the Schedule 1 drug’s aficionados: Hours before a handful of retail outlets opened in the country’s easternmost province a […]
The Real Danger of Diabetes The increased risk of health conditions like cardiovascular disease, cancer and kidney disorders have been linked with diabetes and early death, a new study sheds light on the psych factors that come into play while managing the condition that affects over 30-M Americans. Those psychological factors led Finnish researchers to […]
BTC (BTC) Prices Solid on the Day $BTCUSD, $ETHUSD The BTC prices have remained stable over the last 20 hours or so after the spike that we had seen in its prices during early morning trade Monday. The hike in the prices of BTC coincided with the fall in the prices of USDT which is […]
Ferrari (NYSE:RACE) Raised to the Top of Bank of America Merrill Lynch Buy List $RACE Italy’s Iconic Ferrari Raised to Bank of America’s US1 Top List Tuesday Rates RACE buy, price target at 150 share “We continue to believe that Ferrari is an iconic asset, with strong growth prospects, which makes it a very attractively […]
Expect Strong Earnings, Forward Expectations to Drive Markets to Record Highs $DIA, $SPY, $QQQ, $RUTX Wall Street’s longest Bull market rally is alive and well after last weeks healthy pull back and will continue to run North into the record territory. Last week’s pull back action is not indicative of any fundamental changes in the […]
US Homebuilder Sentiment Up On Solid Demand October’s pickup in sentiment across the 3 sub-indexes and all 4 regions indicates the market for newly-built homes Confidence among America’s homebuilders unexpectedly rose in October, registering the 1st gainer in 5 months amid falling lumber prices and solid demand, according to a report Tuesday from the National […]
President Trump, “My Biggest Threat Is the Fed” Tuesday, US President Donald Trump escalated his assault on the Fed, calling the central bank the biggest threat of his Presidency. “My biggest threat is the Fed,” President Trump said in a TV interview. “Because the Fed is raising rates too fast, and it is too independent,” he […]
DJIA + 547.87 On Strong Q-3 Earnings Reports $DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 cut through its 200-Day MA, closing 2.2% higher and reducing its October loss to 3.6%. Tuesday, US stocks rose more than 2% after upbeat earnings reports from major companies, and solid economic data, as equities rebounded from last week’s […]
UK FTSE 100 (.FTSE) PM Theresa May was backed by her cabinet on her current Brexit negotiating stance FTSE 100 closed in positive territory as US shares went higher amid a flurry of earnings and PM Theresa May was backed by her cabinet on her current Brexit negotiating stance. The UK blue-chip index closed around […]
Shanghai: SSE Composite Index (.SSEC) downward trend from last week on Wall Street Stocks in Asia were mixed on Tuesday, as Wall Street slipped overnight and amid geopolitical tensions between Saudi Arabia and the international community. The Greater China markets lost their earlier gains to land in negative territory. Hong Kong’s Hang Seng index slipped […]
Japanese Yen: USD/JPY (JPY=X) follows the rules USD/JPY could be executing a classic bounce off a rising trendline, finding support around ¥111.60, where the trendline from the March lows comes into play. We have yet to see a new higher high intraday however, so a move above ¥112.50 is needed to suggest bullish momentum has […]
SILVER 1 OZ 999 NY (XAG=X) edges lower Market turmoil and a weaker U.S. dollar are setting the stage for a significant rally in the precious metal – one that will shrink the gold-to-silver ratio and make silver holders a killing in the process. As silver plays catch-up with gold, the metal’s near-term outlook is […]
Singapore: STI Index (.STI) Investors remain mostly on the sidelines as uncertainty looms Singapore stocks opened stronger on Tuesday (Oct 16), with the Straits Times Index increasing 0.38 per cent or 11.63 points to 3,057.60 as at 9.02am. Gainers outnumbered losers 60 to 37, or about 13 securities up for every eight down, after 26.8 […]
British Pound: USD/GBP (GBP=X) still on the up Despite the mixed signals on Brexit, GBP/USD has rallied once again. Fresh gains target $1.3250, and then on to the September high at $1.33. The bullish view remains unless we see a close below $1.31. Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to […]
GOLD 1 OZ (XAU=X) limited the gains for the precious metal Gold futures edged up Tuesday to mark another finish at their highest since July, but a rally in the U.S. stock market limited the gains for the precious metal. Against a backdrop of relatively stable trading for a leading dollar index, December gold GCZ8, […]
Euro: USD/EUR (EUR=X) recovers in early trade Overnight weakness for EUR/USD seems to have given buyers another opportunity, but they will need to push the price above $1.16 to clear the way to further upside. Above here, $1.18 comes into view. A close below $1.15 is needed to suggest a bearish turn. Overall, the bias in prices […]
Australia: S&P/ASX 200 (.AXJO) Target 5500 If you look at the ASX 200 monthly chart from a long-term perspective, then we are just hanging on to the long-term uptrend. A drop below the 5800 level and we are looking at further falls to the 5500 level before any sort of technical support would kick in. […]
Hong Kong: HANG SENG INDEX (.HSI) economic worries cap gains Stocks in Hong Kong ended higher on Tuesday, gaining a footing after recent losses, although data showing cooling factory-gate inflation in China for a third straight month in September and a warning from S&P on government debt curbed further gains. *The Hang Seng index ended […]
Australian Dollar: USD/AUD (AUD=X) support at 0.7100 ASX Downside: To be fair, there are some considerable headwinds for Australian investors that may preclude them from behaving in the same fashion as their US or even European counterparts. The banks look ugly now – less so the hard numbers, but more from the superficial perspective that their […]
The Street’s Key Stock Analysts Research Reports $ARCX, $ATVI, $AEO, $ARRS, $CLF, $DLPH, $LULU, $MRO, $MCD, $NFLX, $RL Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of the Street’s Key analysts outlook for main issues […]
Tesla’s (NASDAQ:TSLA) CEO Elon Musk Taking ‘Refuge’ in Tequila $RACE Tesla’s (NASDAQ:TSLA) Musk Controlled Board Needs More Manufacturing Expertise Elon Musk, 47 anni, is smart, maybe brilliant and larger than life for many of his cultish followers. And like outstanding entrepreneurs before him, there comes a time when breaking all the rules has adverse effects. For him […]
Twitter, Inc. (NYSE:TWTR) to Announce Third Quarter 2018 Results As previously announced, Twitter, Inc. (NYSE: TWTR) will release financial results for the third quarter of 2018 on October 25, 2018, before the market open at approximately 4:00 a.m. Pacific Time (7:00 a.m. Eastern Time). On the same day, Twitter will host a conference call to […]
Apple Inc. (NASDAQ:AAPL) The Best Way to Play Apple Stock I hear experts say that one should own Apple stock and not trade it. Ideally, I would rather enter long closer to $196 per share. And we might get that in the next couple of months. But I want to nibble long at this level. […]
Bitcoin: USD/BTC (BTC=X) still within the descending triangle Today’s session advances while the Bitcoin price reports an increase of 3.50% in the last 24 hours. Bitcoin rises above $ 6400 at the time of writing this analysis increasing with a high purchase volume. With this move Bitcoin moves away from the support in the $ […]
Facebook, Inc. (NASDAQ:FB) Here Comes the Ads If it seems like there are a few more Instagram stories of late, you’re not imagining things. There are. Chief among them is the replacement of the company’s now-former CEO Kevin Systrom with Facebook insider Adam Mosseri, though the exit of Instagram co-founder Mike Krieger is just as […]
Alphabet Inc. (NASDAQ:GOOG) Only a few places will stock the Pixel 3 The Google Pixel 3 and 3 XL can be preordered right now, and will be available to the general public starting on Thursday, October 18th. As far as where you’ll be able to get Google’s 2018 flagship smartphone on launch day, availability is […]
NASDAQ Composite (.IXIC) declines in the technology sector US stock indexes are on track for modest gains Monday as increases for industrial and high-dividend companies make up for declines in the technology sector. Defense contractors L3 and Harris are sharply higher after announcing a deal to combine. Bank of America is sinking after reporting weak […]
Dow Jones Industrial Average (.DJI) worst weekly losses since March U.S. stock benchmarks fell at the start of trade on Monday, resuming a retreat for the major benchmarks that resulted in the worst weekly losses since March. The decline for stocks come after an iconic retailer announced that it was filing from protection from creditors […]
Alibaba Group Holding Limited (NYSE:BABA) caught in the crossfire of escalating trade tariffs Alibaba (BABA) has been caught in the crossfire of escalating trade tariffs and ramping up of rhetoric from administrations in both the U.S. and China. I warned regarding the possibility of this situation in my article on 13th November 2016: ‘China Wall’ […]
Tesla, Inc. (NASDAQ:TSLA) accelerating their Gigafactory 3 construction timeline On Tuesday, Tesla (TSLA) released their third-quarter production numbers, and that is what most people have been focused on. However, one small detail seems to have evaded the scope of many people, a detail that may even be more important than delivery and production numbers. Tesla […]
United States Oil (USO) recoups Friday’s losses and then some Oil futures pared earlier gains on Monday to settle modestly higher as tensions between the U.S. and Saudi Arabia linked to a missing dissident journalist appeared to ease. Worries about outlook for crude demand also kept price gains in check, analysts said. November West Texas […]
Gold Holding at 12 Wk Highs+ Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold stays near 2.5 month high as risk aversion lends support In Asia Gold prices held steady Tuesday near last session’s 2.5 -month high as risk-averse investors sought refuge in the precious Yellow metal amid rising political tensions and economic uncertainty. […]
China’s Q-3 GDP Growth Lowest Since the ‘Great Recession’ An official survey confirmed that manufacturers were coming under stress. At this week’s end, global investors and policy makers will likely be given a cold hard reminder of the costs of the US-China trade dispute, with a Reuters poll predicting that China’s Q-3 growth will slow […]
Aspen Colorado, a ‘Wonderland’ All Year Round | e Aspen where the cowboy spirit of the Wild West meets high-end glitz and glamour. Cowboys and ski bums and bunnies mingle alongside Business, Hollywood elites and extreme sports enthusiasts. They come together to enjoy some of the most breathtaking natural scenery in the US from snow capped […]
Hong Kong’s OKEx Lists 4 New ‘Stablecoins’ $BTCUSD Hong Kong-based cryptocurrency exchange OKEx has announced that it is adding four USD-pegged cryptocurrencies to its platform for trading. Rolling out the new additions over Monday and Tuesday, the exchange said in a support notice that it will list TrustToken’s TrueUSD (TUSD), Circle’s USDCoin (USDC), the Gemini Dollar (GUSD) […]
Healthy Blood = Healthy Live Blood is essential for life, as it carries Key substances like dissolved Q2 (oxygen) and nutrients to the cells, and flushes out excess or toxic metabolic waste from these same cells. Blood travels throughout the body via blood vessels which are long tubes that channel blood from the heart and […]
FDA Seeks Public Comment on Marijuana Classification, WA Bans Gummies and Candies Plus The FDA is seeking public comment on marijuana classification, Mississippi cops continue to seize cash and other goods despite a change in state law that should have stopped them, and more. Marijuana Policy The Trump Administration Seeks Public Comments On Marijuana Reclassification. […]
Japanese Yen: USD/JPY (JPY=X) global risk sentiment is deteriorating The Japanese yen is currently strengthening against all major currencies. The yen is currently the strongest against the British pound. Last week, the yen moved up sharply against the US dollar. Notably, week-over-week trading volumes in yen futures were up sharply relative to the previous week […]
UK FTSE 100 (.FTSE) Brexit talks reach impasse FTSE 100 closed in positive territory – the first rise in four sessions as Brexit jitters appeared to be becalmed for now. Britain’s blue-chip benchmark finished up around 31 points at 7,029. Earlier, Prime Minister Theresa May made a surprise address in the Commons after a weekend […]
Shanghai: SSE Composite Index (.SSEC) weakening domestic demand Supportive words from China’s securities regulator failed to slow the $3 trillion rout in the the nation’s stock market, as evidence of weakening domestic demand added to concern about the trade war with the U.S. The Shanghai Composite Index fell 1.5 percent to its lowest close since […]
British Pound: USD/GBP (GBP=X) tumbles after Brexit deadlock holds GBP/USD has started the week in bearish fashion, with the inability for the UK and EU to find a positive conclusion to negotiations highlighting the potential for further downside in the near term. The path for the pound will be determined by the outlook for negotiations and […]
Euro: USD/EUR (EUR=X) pullback unlikely to last Friday saw EUR/USD attempt to reverse some of its recent gains, with the break through $1.1549 and $1.1594 providing a bullish reversal signal. We do not know the size of this current retracement, yet unless we reverse the whole of last week’s rally and break below $1.1432, then this current […]
Australian Dollar: USD/AUD (AUD=X) rebound could provide selling opportunity AUD/USD is regaining ground, following the failure to create a new low below $0.7044. The peak of $0.7131 remains a key level to overcome if the pair is going to regain further ground. However, such upside would look likely to provide yet another selling opportunity from either […]
F1: Ferrari’s (NYSE:RACE) Vettel “Very much like Schumacher” $RACE Ferrari F1 Team boss, Maurizio Arrivabene, has stated that the Scuderia’s 2 legendary German recruits, Michael Schumacher and Sebastian Vettel, are very similar to each other. He also made a great prediction about the latter: “I think he [Vettel] is similar to Schumacher: he is German, but very Italian inside and destined […]
US Economy Expanding at 4% Growth Rate $DIA, $SPY, $QQQ, $RUTX, $VXX Monday the latest data showed that the US economy is expanding at a 4% annualized rate in Q-3, that according to the Atlanta Federal Reserve’s GDPNow forecast model following the release of the latest data on retail sales. The GDPNow model estimate for real […]
President Trump Dominated ’60 Minutes’ Interview The interview played into the hands of our media-savvy President On Oct. 14, CBS’s “60 Minutes” aired an interview with President Donald Trump — rare for its status as having appeared outside of Fox News or conservative media. Appearing the same weekend as First Lady Melania Trump’s appearance on […]
President Trump: “Something Big Is Happening” Big Blue Wave’r Debunked Monday, US President Donald Trump hailed the size of his political rallies, saying they are “far bigger” than ever before ahead of the midterm elections in November. “The crowds at my Rallies are far bigger than they have ever been before, including the 2016 election,” […]
SILVER 1 OZ 999 NY (XAG=X) Buy Opportunity Especially In Silver Miners With recent global market weakness we believe that two things will happen. First, gold will confirm its August bottom, and will rise from here. That’s a forecast based on our leading indicators combined with the chart setup (rounding bottom). Second, silver miners likely will outperform, especially if […]
Australia: S&P/ASX 200 (.AXJO) downward pressure remained for all sectors Investor nerves are still rattled after the worst weekly loss on the Australian sharemarket since January 2016 last week with the ASX 200 stumbling again on Monday. The index is down another 88 points or 1.5% to 5807 and accelerating towards lunch despite a strong […]
GOLD 1 OZ (XAU=X) Hits 12-Week High Gold prices are holding moderate gains in early-afternoon U.S. trading Monday. Early on, prices hit a 10-week high. Some more safe-haven demand, technical buying and short covering are boosting the yellow metal again today. The bulls have technical strength and momentum to suggest more gains are coming in […]
Singapore: STI Index (.STI) caution ahead of earnings season Singapore stocks opened weaker on Monday (Oct 15), with the Straits Times Index moving down 0.27 per cent or 8.22 points to 3,060.95 as at 9.02am. Losers outnumbered gainers 74 to 47, or about 11 securities down for every seven up, after 64.3 million securities worth […]
Hong Kong: HANG SENG INDEX (.HSI) worries the Trump Administration was stepping up its hardline approach Stocks listed in Hong Kong and China dropped on Monday, on worries the Trump Administration was stepping up its hardline approach to Beijing, which in turn sent markets lower across Asia. In Hong Kong, the benchmark Hang Seng Index […]
The Street’s Key Stock Analysts Research Reports $BABA, $ANTM, $CARB, $FIT, $MMM, $MSFT, $NFLX, $SQ Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of the Street’s Key analysts outlook for main issues for Monday, as […]
Tesla (NASDAQ:TSLA) Needs $1-B+ in Cash in the Next 6 Months $TSLA Wall Street is asking: “where it it going to come from?” By the end of Y 2018 Tesla needs to come up with about $1-B to give to creditors, it does not have it. So, forget the libel lawsuits and the Twitter wars, the […]
Domino’s Pizza, Inc. (NYSE:DPZ) revenue to jumped 24% Domino’s posts its results on Tuesday morning, and investors have high hopes for the delivery giant’s latest operating trends. Its last quarterly report hit all the right notes, with sales expanding by a robust 7% at its existing take-out and delivery hubs. That boost, plus the addition of […]
Tesla, Inc. (NASDAQ:TSLA) Trading the Technicals Ever since Elon Musk’s now infamous tweet on Aug. 7, 2018, Tesla’s stock price has been on a roller coaster ride. Although this episode has led to a number of market and legal consequences, it has broader implications for boards and corporate governance in our increasingly digital age. To […]
Bitcoin: USD/BTC (BTC=X) likely to face a strong selling interest near the $6,380 This past week, bitcoin price saw a solid increase in selling pressure around the $6,600 zone against the US Dollar. As a result, there was a nasty decline and the BTC/USD pair fell below the $6,400 and $6,200 support levels. The price traded towards […]
Apple Inc. (NASDAQ:AAPL) new iPhone XS has had mixed reviews Apple’s new iPhone XS has had mixed reviews from its early adopters. Image source: Apple. 1. Charging issues A number of people complained in Apple’s support communities about charging issues with their iPhone XS or iPhone XS Max. According to the posts, some customers were […]
Alphabet Inc. (NASDAQ:GOOG) Teaching hardware to do new tricks The Pixel phones come loaded with lots of new software features, and the camera has been an area of focus to show those off. The Pixel 2 already had a best-in-class camera. The Pixel 3 builds on that with a new “Night Sight” mode for taking […]
Alibaba Group Holding Limited (NYSE:BABA) Why investors are selling Chinese stocks The trade war between the U.S. and China has caused many investors to avoid Chinese stocks, but many of the top names — including the BAT stocks — have limited exposure to rising tariffs. Baidu generates most of its revenue from ad sales in China, Alibaba […]
Facebook, Inc. (NASDAQ:FB) revealed details of a September hack that compromised millions of accounts Facebook, Inc. (NASDAQ:FB) revealed details of a September hack that compromised millions of phone numbers and email addresses. With 400,000 accounts, hackers were able to steal access tokens of 30 million Facebook users. From there, users had varying degrees of information […]
Dow Jones Industrial Average (.DJI) It’s A Stock Market Correction Dow Jones futures fell modestly Sunday evening, along with S&P 500 futures and Nasdaq futures. A stock market correction began last week due to heavy selling in the major averages and leading stocks. In a stock market correction, investors should largely stay on the sidelines […]
Amazon.com, Inc. (NASDAQ:AMZN) reinvents shopping yet again Amazon.com (NASDAQ:AMZN) has decimated shopping malls by causing numerous retailers to go out of business — or at least reduce their store counts. Now, it could be setting itself up to be the mall’s savior. Amazon is opening a new kind of retail store in partnership with Good […]
NASDAQ Composite (.IXIC) Launches ESG futures in the Nordics Nasdaq (Nasdaq:NDAQ) today announced the launch of futures based on the recently launched OMXS30 ESG Responsible index (OMXS30ESG). The product is the first exchange listed and ESG compliant index future in the world. “In recent years we have seen institutions increase efforts to integrate sustainability into […]
Netflix, Inc. (NASDAQ:NFLX) will announce its earnings results after the market closes on Tuesday Netflix, one of the market’s most successful stocks over the past decade, will announce its earnings results after the market closes on Tuesday. Stakes are high for the streaming video giant, which missed subscriber growth estimates by a wide margin last quarter. […]
United States Oil (USO) Iran’s President Seeks to Downplay US Oil Sanctions Iran says it has no concerns over the potential impacts of returning US sanctions on its oil exports given that it is already selling its crude oil higher than the price tag it has set in its annual budget plan. Iran’s First Vice […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Monday, earnings season starts in earnest For now traders are playing an oversold bounce. But, if this is a relief move, the later you enter, the worse risk/reward. So, be selective if you are adding more bounce plays. Also, look at some areas receiving […]
Gold Up, Asian Shares Dip + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold prices rose early Monday as Asian stocks eased due to concerns about a potential decline in China’s economic growth amid an ongoing trade dispute and signs of tighter monetary policy by the Fed. Spot gold was up 0.3% […]
F1: Ferrari’s (NYSE:RACE) Sebastian Vettel says, “we made it too easy” for MercedesAMG $RACE Ferrari’s (NYSE:RACE) Sebastian Vettel has dropped from leading the Championship race to trailing Lewis Hamilton by 67 points in just 7 Grands Prix, with his rival winning 6 of those races and currently enjoying a 4-race victory streak. Mr. Hamilton can […]
Stand More, Sit Less: It is Important! Data indicates moving as little as 10 mins for every hr of sitting may help reduce negative effects. Ideally you should be sitting no more than 3 hrs each day using correct posture to reduce strain on your lower back and neck A recent study in the Annals […]
President Trump Warns China, “Another round of tariffs coming.” US President Donald Trump threatened to impose another round of tariffs on China and warned that Chinese meddling in US politics is a “bigger problem” than Russian involvement in the 2016 Election. Asked in a TV interview whether he wants to push China’s economy into a […]
The Most Expensive Cities in the World Budget travelers these 5 cities are not for you. But, for those who have got money, they will be all set to enjoy the delights these destinations have to offer. Asian cities have long dominated this list but European counterparts are now making their claims for the title. […]
Box Office: ‘Star Is Born,’ ‘Venom’ Out Pace ‘First Man’ Weak Open at $16.5-M $USMCA, $SNE, $TWX, $FOX, $AMZN, $NFLX ‘Venom’ Top’d the chart in its second outing with $35.7-M, while ‘A Star Is Born’ pulls in another $28-M. Universal’s, a unit of Comcast (NASDAQ:CMCSA) critically acclaimed astronaut drama First Man sputtered in its box-office open, grossing […]
Expectations for rising interest rates look likely to remain a headwind for GOLD 1 OZ (XAU=X) Gold slipped lower as the dollar rebounded against a currency basket, snapping three days of declines as a sense of calm returned to U.S. stock markets following sharp declines in the previous two sessions. The stock market selloff was […]
UK FTSE 100 (.FTSE) Uncertain future In the coming months, FTSE 100 company share prices could continue to be volatile. The IMF recently released a report which stated that there are risks to global economic growth, with tariffs expected to hurt progress in the coming years. Already, a number of tariffs have been announced by the […]
Australian Dollar: USD/AUD (AUD=X) tiptoes higher AUD/USD’s march lower seen over the past few months has stalled over the previous week, but the recovery has been modest at best. The first upside level to watch is $0.716, followed by the still-intact downtrend line from January, which suggests resistance around $0.72. Overall, the bias in prices is: […]