Australian Dollar: USD/AUD (AUD=X) tiptoes higher

Australian Dollar: USD/AUD (AUD=X) tiptoes higher

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: […]

Euro: USD/EUR (EUR=X) continues to gain

Euro: USD/EUR (EUR=X) continues to gain

Euro: USD/EUR (EUR=X) continues to gain A steady push higher continues for EUR/USD, with some early weakness this morning a possible buying opportunity. Further gains above the 50-day simple moving average (SMA) of $1.1586 would indicate a move towards $1.17 and then key resistance around $1.18. A close below $1.15 reinvigorates the bearish case. Overall, the […]

SILVER 1 OZ 999 NY (XAG=X) Little Change Expected this Week

SILVER 1 OZ 999 NY (XAG=X) Little Change Expected this Week

SILVER 1 OZ 999 NY (XAG=X) Little Change Expected this Week Interest rate increases and higher U.S. bond yields dampen appeal for gold, which offers no yield. They also tend to boost the dollar. A stronger dollar can make dollar denominated assets, like gold, more expensive for potential buyers holding other currencies. Elsewhere in precious […]

British Pound: USD/GBP (GBP=X) lifted by Brexit hopes

British Pound: USD/GBP (GBP=X) lifted by Brexit hopes

British Pound: USD/GBP (GBP=X) lifted by Brexit hopes GBP/USD continues to see gains, with intraday weakness still finding buyers. The next stop is the $1.33 area, while dips below $1.317 would potentially suggest that indecision is setting in ahead of the weekend. Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to […]

Shanghai: SSE Composite Index (.SSEC) government incentives might bring more confidence to the stock market

Shanghai: SSE Composite Index (.SSEC) government incentives might bring more confidence to the stock market

Shanghai: SSE Composite Index (.SSEC) government incentives might bring more confidence to the stock market Chinese stocks rebounded after steep declines on Thursday, closing higher on Friday with blue-chip stocks leading the rally, and experts expected that government incentives might bring more confidence to the stock market. The benchmark Shanghai Composite Index gained 0.91 percent […]

Japanese Yen: USD/JPY (JPY=X) Stock correction or change of course?

Japanese Yen: USD/JPY (JPY=X) Stock correction or change of course?

Japanese Yen: USD/JPY (JPY=X) Stock correction or change of course? The Japanese yen returned to its role as a safe-haven currency. The sell-off in stocks sent money flowing into the yen. The correction seen late in the week helped the pair recover as well. US data did not help the greenback: Core CPI got stuck at […]

Hong Kong: HANG SENG INDEX (.HSI) Expected to Open Lower

Hong Kong: HANG SENG INDEX (.HSI) Expected to Open Lower

Hong Kong: HANG SENG INDEX (.HSI) Expected to Open Lower Shares in Hong Kong rebounded on Friday after a global equity market rout saw the Hang Seng index fall 3.5 percent a day earlier, but ongoing concerns about the prospects for global trade and economic growth continue to dampen sentiment. The Hang Seng index ended […]

Singapore: STI Index (.STI) economy grows 2.6% in Q3

Singapore: STI Index (.STI) economy grows 2.6% in Q3

Singapore: STI Index (.STI) economy grows 2.6% in Q3 Singapore’s economy grew by 2.6 per cent in the third quarter, slowing down from the first half of the year but performing slightly better than expected, according to Ministry of Trade and Industry (MTI) advance estimates released on Friday (Oct 12). The country’s gross domestic product […]

California Joins FDA, “No CBD in Foods”

California Joins FDA, “No CBD in Foods”

California Joins FDA, “No CBD in Foods” Jerry Brown Signed a Bill That Prohibits the Sale of CBD Cocktails and Beverages Now AB 2914 Killed the CBD cocktail trend in California LA’s ban begins on 1 January. A position adopted by state officials in California has drawn criticism from companies selling cannabidiol (CBD) in conventional […]

Cryptocurrencies on the Week Ended 12 October

Cryptocurrencies on the Week Ended 12 October

Cryptocurrencies on the Week Ended 12 October $BTCUSD, $ETHUSD Bitcoin holds above $6,000 ends week lower Bets against Ether hit record pace Bitcoin (BTC) prices held above $6,000 Friday, after a 24-hr selloff resulted in the price of the world’s largest digital currency trading very close to a Key support mark. 1 Bitcoin BTCUSD, +1.13%  was last going […]

Custom 1-Off Retro Ferrari 250 GTE is a Salute to Michelotti

Custom 1-Off Retro Ferrari 250 GTE is a Salute to Michelotti

Custom 1-Off Retro Ferrari 250 GTE is a Salute to Michelotti $RACE This stunning coachbuilding project is a tribute to legendary Italian designer Giovanni Michelotti. Recently, Ferrari (NYSE:RACE) stunned the automotive world with the unveiling of the Limited-Edition Monza SP1 and SP2 speedsters inspired by iconic Ferrari race cars from the 1950’s like the 250 Testa […]

Disruption and Investors’ Fear of Missing Out

Disruption and Investors’ Fear of Missing Out

Disruption and Investors’ Fear of Missing Out $NFLX, $TSLA A new study from UC Riverside and the Rotterdam School of Management finds that fear of missing out motivates investors to give money early to startups with a disruptive vision. Many early backers are reluctant to invest too much in unproven ideas that might not take […]

Ferrari’s (NYSE:RACE) 488 Pista Spider

Ferrari’s (NYSE:RACE) 488 Pista Spider

Ferrari’s (NYSE:RACE) 488 Pista Spider $RACE The perfect marriage of aerodynamic efficiency, purity of form and racing spirit. The Ferrari 488 Pista Spider represents the natural development of the defining design of the coupé version. The Prancing Horse’s new Special Series model, the Ferrari 488 Pista Spider, was unveiled during the world-famous Concours d’Elegance® at […]

President Trump, “America’s Top ‘Promise Keeper'”

President Trump, “America’s Top ‘Promise Keeper

President Trump, “America’s Top ‘Promise Keeper’” US President Donald Trump has tallied almost 300 of his Administration’s achievements, and has “surpassed those of former President Reagan,” according to the Washington Examiner. The Examiner’s Paul Bedard, in his “Washington Secrets” column, writes that President Trump’s “administration has counted up 289 accomplishments in 18 categories,” culminating in Supreme […]

Billionaire Kayne West Leads Black Americans Out of Poverty into America’s Dream

Billionaire Kayne West Leads Black Americans Out of Poverty into America’s Dream

Billionaire Kayne West Leads Black Americans Out of Poverty into America’s Dream Black-American Voters Shifting Toward Donald Trump Thursday, President Trump met with Kanye West and Jim Brown in the Oval Office to discuss criminal justice reform and other policy issues. Then they had lunch afterwards to continue their discussion. The MSM says that it know […]

Justice Kavanaugh’s Confirmation Process Damaged Senate Democrats

Justice Kavanaugh’s Confirmation Process Damaged Senate Democrats

Justice Kavanaugh’s Confirmation Process Damaged the Senate Democrats Senator Joni Ernst (R-Iowa), says the US Senate has been damaged by the partisan process confirming Supreme Court Justice Brett Kavanaugh. Senator Ernst made her comments on a podcast with CBS News’ Major Garrett Thursday. She voted to confirm Justice Kavanaugh. but when she was asked if […]

Getaways in the USA for Lovers Only

Getaways in the USA for Lovers Only

Getaways in the USA for Lovers Only Are you  in need of a romantic getaway to rekindle your love? Well, the US destinations listed below are sure to get you there. Whether you are hopeless romantics looking for your own deserted island or adventurers who want to get your hearts racing, the USA has something super for […]

Now You Can Order a Yacht From Car Maker Lexus

Now You Can Order a Yacht From Car Maker Lexus

Now You Can Order a Yacht From Car Maker Lexus $TM, $RACE, $HMC, $POAHY Deliveries of the Lexus LY 650 65-ft luxury yacht begin mid-2019 We’re way past the point where we think of carmakers as restricted to making just cars. For example: There is Aston Martin (LON:AML) that’s building luxury apartments in Miami. Porsche Design […]

Ferrari’s (NYSE:RACE) 812 Superfast ‘Blows Off’ Tesla’s M-X P100D in 1/4 Mile Drag Race

Ferrari’s (NYSE:RACE) 812 Superfast ‘Blows Off’ Tesla’s M-X P100D in 1/4 Mile Drag Race

Ferrari’s (NYSE:RACE) 812 Superfast ‘Blows Off’ Tesla’s M-X P100D in 1/4 Mile Drag Race $RACE, $TSLA The Ferrari 812 Superfast is considered the very best in its class, but naturally-aspirated gasoline engines are no longer considered by some as Top of lLine. The Ferrari 812 Superfast is most powerful naturally-aspirated production car ever made. Its 6.5-liter V12 unit is […]

Street Analysts See Strong Rally Into Year’s End

Street Analysts See Strong Rally Into Year’s End

Street Analysts See Strong Rally Into Year’s End $DIA, $SPY, $QQQ, $RUTX, $VXX Stocks bounced and held after pulling back Wednesday and Thursday The CBOE Volatility Index (VIX) fell 14.3% Friday, retreating from its highest marks since February. Friday, Morgan Stanley strategists, whose warning about a “rolling Bear market” seemed to pay off this week after high […]

The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports $AINC, $BLK, $CLS, $CME, $COST, $DWDP, $GDDY, $HCA, $HLF 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 Friday, […]

Elon Musk Cannot Return as Tesla’s (NASDAQ:TSLA) Chairman W/O Shareholder Vote

Elon Musk Cannot Return as Tesla’s (NASDAQ:TSLA) Chairman W/O Shareholder Vote

Elon Musk Cannot Return as Tesla’s (NASDAQ:TSLA) Chairman W/O Shareholder Vote $TSLA The vote shows the SEC is protecting investors. If Tesla (NASDAQ:TSLA) CEO Elon Musk, 47 anni, ever wants to return as Chairman, shareholders will have to vote on it. The requirement is detailed in a court brief filed jointly Thursday by Tesla and the Securities […]

Facebook, Inc. (NASDAQ:FB) Struggles with Privacy Concerns and Executive Departures

Facebook, Inc. (NASDAQ:FB) Struggles with Privacy Concerns and Executive Departures

Facebook, Inc. (NASDAQ:FB) Struggles with Privacy Concerns and Executive Departures Facebook is taking steps to address criticism that its platform has been hijacked by bad actors, but investors are bailing. Facebook stock opened at $150.13 on Thursday, down more than 30% from the high it hit in July, as the company continues to grapple with […]

Alibaba Group Holding Limited (NYSE:BABA) concerns about e-commerce sales trending below expectations

Alibaba Group Holding Limited (NYSE:BABA) concerns about e-commerce sales trending below expectations

Alibaba Group Holding Limited (NYSE:BABA) concerns about e-commerce sales trending below expectations Several Wall Street analysts cut their price targets on Alibaba (BABA) stock Wednesday, based on concerns about e-commerce sales trending below expectations and the impact of aggressive investments on profit margins. Alibaba stock closed at 138.29, down 5.9%, on the stock market today. […]

Twitter, Inc. (NYSE:TWTR) fears of rising costs and government regulation

Twitter, Inc. (NYSE:TWTR) fears of rising costs and government regulation

Twitter, Inc. (NYSE:TWTR) fears of rising costs and government regulation Shares of Twitter Inc. (NYSE:TWTR) declined 19.1% in September, according to data from S&P Global Market Intelligence, amid fears of rising costs and government regulation. To be sure, Twitter fell more than 11% in the days following a House of Representatives hearing on Sept. 5, […]

United States Oil (USO) Chinese buyers shy away from U.S. crude

United States Oil (USO) Chinese buyers shy away from U.S. crude

United States Oil (USO) Chinese buyers shy away from U.S. crude Although the Chinese government has not yet gone so far in the ever-escalating trade war as to sanction United States oil, imports are drying up anyway as Chinese buyers shy away from U.S. crude. According to U.S. Census Bureau data released last week, for […]

NASDAQ Composite (.IXIC) dips into correction territory

NASDAQ Composite (.IXIC) dips into correction territory

NASDAQ Composite (.IXIC) dips into correction territory The Nasdaq Composite Index on Thursday became the first major U.S. stock market benchmark to dip into a correction, dragged down by losses across all the major technology-related companies. A correction on Wall Street is defined as down more than 10 percent from its high. The Nasdaq closed […]

Bitcoin: USD/BTC (BTC=X) Bottom in Sight

Bitcoin: USD/BTC (BTC=X) Bottom in Sight

Bitcoin: USD/BTC (BTC=X) Bottom in Sight The Bitcoin drop has brought us near September 8 lows, which held the downtrend from extending. Therefore, we are expecting BTC/USD to find a reliable support near 6154-fiat while 6395-fiat is capping the correction as resistance. We are not hoping to enter a long position on lower lows formation […]

Apple Inc. (NASDAQ:AAPL) agreed to bring in house more than 300 engineers

Apple Inc. (NASDAQ:AAPL) agreed to bring in house more than 300 engineers

Apple Inc. (NASDAQ:AAPL) agreed to bring in house more than 300 engineers Apple Inc. AAPL -0.88% —Down 1.1% premarket: Apple has agreed to bring in house more than 300 engineers from one of its key suppliers, Europe-based Dialog Semiconductor DLG +4.71% PLC—part of a $600 million deal that boosts the smartphone giant’s chip-design operations. Overall, […]

Tesla, Inc. (NASDAQ:TSLA) Following the Technicals

Tesla, Inc. (NASDAQ:TSLA) Following the Technicals

Tesla, Inc. (NASDAQ:TSLA) Following the Technicals In the absence of certainty regarding fundamentals, stocks tend to trade on technicals and sentiment until the next fundamental catalyst arrives. That is exactly the situation we have with Tesla (NASDAQ:TSLA). Tesla announced third quarter delivery numbers at the beginning of October. They were really good. But, Tesla stock failed to […]

Alphabet Inc. (NASDAQ:GOOG) earnings will indicate pricing going forward

Alphabet Inc. (NASDAQ:GOOG) earnings will indicate pricing going forward

Alphabet Inc. (NASDAQ:GOOG) earnings will indicate pricing going forward The unlikeliest of the FAANG stocks — Facebook, Amazon, Apple, Netflix and Google — even got an upgrade from CFRA yesterday, after a session of volatility. Scott Kessler, CFRA analyst and director of equity research, said the firm decided to upgrade Facebook to “buy” from “hold,” […]

Dow Jones Industrial Average (.DJI) global share market sell-off persists

Dow Jones Industrial Average (.DJI) global share market sell-off persists The global market sell-off continued overnight, with Wall Street falling sharply amid a volatile trading session. At one point in the New York morning, the major US share indices were slightly higher, before capitulating and then recovering slightly in late trade. Investors are retreating from […]

Gold Up, USD, US Interest Rates Down+ Commodities

Gold Up, USD, US Interest Rates Down+ Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT US President Trump says Fed “crazy” for raising interest rates Spot gold may extend gains to $1,237 oz Crude Oil falling on overblown supply issues In Asia Gold Gold prices edged lower Friday, but held near a more than 10-wk highs hit […]

US Financial Market ‘Flushing’ Out Excesses Ahead of Santa Claus Rally

US Financial Market ‘Flushing’ Out Excesses Ahead of Santa Claus Rally

US Financial Market ‘Flushing’ Out Excesses Ahead of Santa Claus Rally $SPY, $QQQ, $VXX Investor Fear Can Only Mean Stocks Will Surge Even Higher The CBOE Volatility Index spiked to 25.57, its highest mark since February. Byron Wien predicts that the stock market will rally after the midterm elections The next recession is 3 or […]

Bitcoin (BTC) Proves No Safe-haven Play

Bitcoin (BTC) Proves No Safe-haven Play

Bitcoin (BTC) Proves No Safe-haven Play $BTCUSD, $ETHUSD The global equity market sell off spilled over into the cryptocurrency space, with major digital assets including Bitcoin, Ethereum and Ripple shedding billions in market value in just mins. The unexpected collapse in the digital currency sector follows a period of price stability for the highly volatile market, and may suggest that investors are less […]

Hurricane Michael’s Damage Could Top $25-B

Hurricane Michael’s Damage Could Top $25-B

Hurricane Michael’s Damage Could Top $25-B The monster storm made landfall Wednesday in the Florida Panhandle Michael is the 4th-strongest hurricane ever to reach the US Mainland ever. Hurricane Michael will probably end up causing at least $25-B (an perhaps more) in economic losses. About $3-B of that will fall on the federal flood insurance […]

F1: Ferrari’s (NYSE:RACE) Team Will Be Challenged in the Final 4 Races This Season

F1: Ferrari’s (NYSE:RACE) Team Will Be Challenged in the Final 4 Races This Season

F1: Ferrari’s (NYSE:RACE) Team Will Be Challenged in the Final 4 Races This Season $RACE Ferrari will attempt the impossible in final 2018 races Ferrari F1 Team boss Maurizio Arrivabene says the team will not give up on its 2018 championship hopes while mathematically still in the hunt. Sebastian Vettel and Ferrari’s mistakes at the […]

New Tokyo Fish Market Starts Traditionally with Tuna Auction

New Tokyo Fish Market Starts Traditionally with Tuna Auction

New Tokyo Fish Market Starts Traditionally with Tuna Auction Tokyo’s famous fish market reopened Thursday at a new location but retained its most famous tradition: the tuna auction. The customary clanging of bells opened the auction for raw and frozen tuna, which crammed the huge warehouse wall-to-wall, at the waterfront Toyosu facility. The rhythmical shouts […]

SKorea Defers to President Trump on SKorea Sanctions

SKorea Defers to President Trump on SKorea Sanctions

SKorea Defers to President Trump on SKorea Sanctions US President Donald Trump warned SKorea could “do nothing” on lifting NKorea sanctions without his approval, leading to SKorea to walk back a proposal to do so. Foreign Minister Kang Kyung-wha had said Wednesday that Seoul was considering lifting measures applied after a deadly attack in 2010 that killed […]

President Trump, “The Fed is Out of Control”

President Trump, “The Fed is Out of Control”

President Trump, “The Fed is Out of Control” $DIA, SPY, QQQ, RUTX, VXX US President Donald Trump said he will not fire Fed Chairman Jerome Powell but blamed an “out of control” FOMC for the worst stock market sell-off since February. President Trump also told reporters in the Oval Office Thursday morning that he knows […]

 “US is the Hottest Economy in World”

 “US is the Hottest Economy in World”

 “US is the Hottest Economy in World” US economic strength is built upon very real, solid fundamentals. National Economic Council Director Larry Kudlow said the American economy is beating the rest of its global rivals despite the stock market’s volatility. “We are the hottest economy in the world right now. We’re crushing it,” he said […]

Shanghai: SSE Composite Index (.SSEC) tumbling more than 5 percent

Shanghai: SSE Composite Index (.SSEC) tumbling more than 5 percent

Shanghai: SSE Composite Index (.SSEC) tumbling more than 5 percent Asia markets fell sharply on Thursday, with the stock indexes in Shanghai and Shenzhen both tumbling more than 5 percent. In the Greater China region, the Hang Seng index was down by 3.88 percent in afternoon trade. Over on the mainland, the Shanghai composite fell […]

Australian Dollar: USD/AUD (AUD=X) risk aversion realized

Australian Dollar: USD/AUD (AUD=X) risk aversion realized

Australian Dollar: USD/AUD (AUD=X) risk aversion realized The trade is so far doing ok as risk aversion realized. But we’ve overestimated the strength in Dollar. Still, the price actions from 0.7040 to 0.7130 are corrective looking, which reinforces our bearish view. For now, we’ll keep the stop at 0.7185, slightly above 50% retracement of 0.7314 […]

Japanese Yen: USD/JPY (JPY=X) follows equities lower

Japanese Yen: USD/JPY (JPY=X) follows equities lower

Japanese Yen: USD/JPY (JPY=X) follows equities lower USD/JPY is one area where forex markets have seen similar drama to equity markets. The retracement has been swift and may well continue, with the 50-day simple moving average (SMA) at ¥111.82 one possible area of support, and then rising trendline support from the March lows at around ¥111.65. […]

Euro: USD/EUR (EUR=X) moves higher from base around $1.15

Euro: USD/EUR (EUR=X) moves higher from base around $1.15

Euro: USD/EUR (EUR=X) moves higher from base around $1.15 EUR/USD is moving higher after several days of sideways movement around $1.15. Further gains will target $1.18, the highs of late September. Over the past few days, short-term dips intraday have found buyers, and a move back below the $1.15 level would suggest the rally has ended. […]

Singapore: STI Index (.STI) shares open lower

Singapore: STI Index (.STI) shares open lower

Singapore: STI Index (.STI) shares open lower Singapore shares opened sharply lower on Thursday as Asia markets sank following an equity selloff in New York, with the Straits Times Index down 2.4 per cent or 75.53 points to 3,055.95 as at 9.05am. About 195 million shares worth $171 million in total changed hands, which worked […]

Australia: S&P/ASX 200 (.AXJO) worst performance in eight months

Australia: S&P/ASX 200 (.AXJO) worst performance in eight months

Australia: S&P/ASX 200 (.AXJO) worst performance in eight months The benchmark ASX 200 index closed down 2.7 per cent at 5,883, while the All Ordinaries index slumped 170 points to close below 6,000 points for the first time in more than half a year, at 5,993. It is the worst one-day fall since the market […]

GOLD 1 OZ (XAU=X) Breakout

GOLD 1 OZ (XAU=X) Breakout

GOLD 1 OZ (XAU=X) Breakout Gold rebounded sharply on Thursday, as traders returned to the relative safety of precious metals following the worst stock rout since February. U.S. equity markets appear to have stabilized by mid-morning, though downside pressure is likely to persist. Gold Regains $1,200 Precious metals rose across the board Thursday, with gold […]

Hong Kong: HANG SENG INDEX (.HSI) down as Tencent plunges

Hong Kong: HANG SENG INDEX (.HSI) down as Tencent plunges

Hong Kong: HANG SENG INDEX (.HSI) down as Tencent plunges A sell off in Hong Kong and Chinese shares deepened following a slump in US equities amid persistent concerns about a trade war. The Hang Seng Index sank 3.8%, falling below the 26,000 support level, with every member of the gauge declining. Tencent Holdings Ltd., […]

The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports $A, $BABA, $CRSP, $DISCA, $RACE, $IRDM, $MCD, $MLNX, $MYGN, $PBPB, $TTOW 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) Elon Musk Denies Being Replaced By James Murdoch Chairman

Tesla’s (NASDAQ:TSLA) Elon Musk Denies Being Replaced By James Murdoch Chairman

Tesla’s (NASDAQ:TSLA) Elon Musk Denies Being Replaced By James Murdoch Chairman $TSLA Elon Musk is scared to death of James Murdoch, Tesla’s (NASDAQ:TSLA) deposed Chairman Elon Musk denied a report that James Murdoch is the “favorite” candidate to replace him as Chairman of Tesla. CEO Musk Tweeted a reply to a FT article that just […]

Twitter, Inc. (NYSE:TWTR) dealing with new privacy laws in Europe

Twitter, Inc. (NYSE:TWTR) dealing with new privacy laws in Europe

Twitter, Inc. (NYSE:TWTR) dealing with new privacy laws in Europe Twitter (NYSE:TWTR) has been falling since it reported earnings in late July. Like some of the other social media companies, Twitter stock is dealing with new privacy laws in Europe and additional scrutiny here in the States. When TWTR reported earnings back in July, the […]

Tesla, Inc. (NASDAQ:TSLA) in the process of procuring land in Shanghai

Tesla, Inc. (NASDAQ:TSLA) in the process of procuring land in Shanghai

Tesla, Inc. (NASDAQ:TSLA) in the process of procuring land in Shanghai Tesla Inc. is in the process of procuring land in Shanghai for its first factory outside of the U.S., according to people with direct knowledge of the matter, pushing ahead with plans to set up production in China after months of tumult involving CEO […]

The Boeing Company (NYSE:BA) sell-off in the face of rising interest rates and trade war concerns

The Boeing Company (NYSE:BA) sell-off in the face of rising interest rates and trade war concerns

The Boeing Company (NYSE:BA) sell-off in the face of rising interest rates and trade war concerns Boeing (BA) and fellow Dow Jones industrial stocks United Technologies (UTX), Caterpillar (CAT) and 3M (MMM) fell Wednesday. Industrial stocks are not safe havens from the tech-led sell-off in the face of rising interest rates and trade war concerns. […]

Amazon.com, Inc. (NASDAQ:AMZN) down sharply

Amazon.com, Inc. (NASDAQ:AMZN) down sharply

Amazon.com, Inc. (NASDAQ:AMZN) down sharply Investors dumped technology and other growth stock winners Wednesday in favor of defensive and value names, a trend that has accelerated as interest rates rise. Tech stocks fell 4.8 percent in the worst day for the S&P sector since Aug. 18, 2011. The tech-heavy Nasdaq led the declines with a […]

Netflix, Inc. (NASDAQ:NFLX) took a hit and finished the day at $29.82

Netflix, Inc. (NASDAQ:NFLX) took a hit and finished the day at $29.82

Netflix, Inc. (NASDAQ:NFLX) took a hit and finished the day at $29.82 Among the S&P 500’s biggest fallers on Wednesday October 10 was Netflix Inc. (NFLX). The stock experienced a 8.38% decline to $325.89 with 16.9 million shares changing hands. Netflix Inc. started at an opening price of 353.52 and hit a high of $355.15 […]

Facebook, Inc. (NASDAQ:FB) Analysts are reducing their estimates

Facebook, Inc. (NASDAQ:FB) Analysts are reducing their estimates

Facebook, Inc. (NASDAQ:FB) Analysts are reducing their estimates Facebook Inc. (FB) stock has already dropped by 27% from its 2018 highs. But now options trades and technical analysis suggest the stock falls an additional 6% and reaches a new 52-week low. The shares of the social media company fell hard in March on user privacy […]

Alibaba Group Holding Limited (NYSE:BABA) Analysts Cut Price Target

Alibaba Group Holding Limited (NYSE:BABA) Analysts Cut Price Target

Alibaba Group Holding Limited (NYSE:BABA) Analysts Cut Price Target Several Wall Street analysts cut their price targets on Alibaba (BABA) stock Wednesday, based on concerns about e-commerce sales trending below expectations and the impact of aggressive investments on profit margins. Alibaba stock closed at 138.29, down 5.9%, on the stock market today. Shares now trade […]

NASDAQ Composite (.IXIC) sees biggest loss in 2 years

NASDAQ Composite (.IXIC) sees biggest loss in 2 years

NASDAQ Composite (.IXIC) sees biggest loss in 2 years U.S. stocks plunged to their worst loss in eight months on Wednesday as technology companies continued to drop. The Dow Jones Industrial Average fell 831 points. The losses were widespread, and stocks that have been the biggest winners on the market the last few years, including […]

Dow Jones Industrial Average (.DJI) plunges more than 800 points

Dow Jones Industrial Average (.DJI) plunges more than 800 points

Dow Jones Industrial Average (.DJI) plunges more than 800 points Wall Street suffered its biggest fall since February as a sell-off in technology giants and interest rate worries left the benchmark Dow Jones index nursing a 832 point fall on Wednesday. The US blue-chip index dropped 3.2pc to end at 25,598.7, while the wider S&P 500 […]

Alphabet Inc. (NASDAQ:GOOG) concerns about global growth and conflicts over trade

Alphabet Inc. (NASDAQ:GOOG) concerns about global growth and conflicts over trade

Alphabet Inc. (NASDAQ:GOOG) concerns about global growth and conflicts over trade The stock market took a big bite out of the FAANGs on Wednesday. Collectively, the Big Five tech firms — Facebook, Apple, Amazon, Netflix, and Google — lost $172 billion in value over the span of a few hours on Wednesday, amid a broad […]

Caterpillar Inc. (NYSE:CAT) not safe havens from the tech-led sell-off

Caterpillar Inc. (NYSE:CAT) not safe havens from the tech-led sell-off

Caterpillar Inc. (NYSE:CAT) not safe havens from the tech-led sell-off Caterpillar stock lost 3.8% to 143.72. The heavy machinery maker is testing its 200-day average line after tumbling below its 50-day line on Wednesday. Caterpillar is still ranked No. 1 in IBD’s Machinery-Construction/Mining group. Price earnings ratio (P/E) ratio of Caterpillar Inc. (CAT) is 16.38. CAT […]

Bitcoin: USD/BTC (BTC=X) moved into a bearish zone

Bitcoin: USD/BTC (BTC=X) moved into a bearish zone

Bitcoin: USD/BTC (BTC=X) moved into a bearish zone Yesterday, we discussed that bitcoin price could climb higher towards the $6,800 level against the US Dollar. However, the BTC/USD pair failed to break the $6,640 and $6,700 resistance levels. It resulted in a downside move below the $6,550 support and the 100 hourly simple moving average. […]

Gold Down, US Interest Rates Up + Commodities

Gold Down, US Interest Rates Up + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Asian shares fall sharply after Wall St tumbles Holdings in SPDR Gold Trust (GLD) rise for 1st time since July US President Trump says Fed “crazy” for raising interest rates In Asia Gold Gold prices inched down Thursday as strong […]

As We Get Older Let’s Always Eat ‘Super’ Foods

As We Get Older Let’s Always Eat ‘Super’ Foods

As We Get Older Let’s Always Eat ‘Super’ Foods Men and Women alike are susceptible to bone loss, muscle loss, hormonal changes, and the dreaded middle age spread. Older people see and feel these changes in achy joints, vision impairment, heart complications, weight gain, decreased memory retention, and lack of energy, all of which are […]

Travel Italy: 5 of Its Most Romantic Towns

Travel Italy: 5 of Its Most Romantic Towns

Travel Italy: 5 of Its Most Romantic Towns When it comes to setting a romantic mood the small towns and villages in Italy have so much more to offer than serenades along the canals of Venice. Some of the most dreamy holiday destinations are little-known towns and villages, from low-Key Sicilian seaside escapes to medieval […]

Ferrari’s (NYSE:RACE) Financial Revisions Are Favorable

Ferrari’s (NYSE:RACE) Financial Revisions Are Favorable

Ferrari’s (NYSE:RACE) Financial Revisions Are Favorable $RACE Societe Generale up on Ferrari, saying Financial Revisions Are Favorable Ferrari’s (NYSE: RACE) improved fundamentals, new management and revised financial objectives led Societe Generale to apply higher multiples to its existing forecast for the iconic Italian Supercar manufacturer Wednesday. Shares of Ferrari fell 9% despite getting favorable comments from […]

Hillary Clinton’s Uncivil GOP Claim ‘Ridiculous’

Hillary Clinton’s Uncivil GOP Claim ‘Ridiculous’

Hillary Clinton’s Uncivil GOP Claim ‘Ridiculous’ Hillary Clinton, “Civility Can Start Again” When Democrats Take The House And Or The Senate” Clinton Camp Democrats and Progressives behave in ways that go beyond incivility and border on maniacal. When Democrats go low, Hillary Clinton goes with them. At a time when Republicans are being shot, stabbed, […]

GOLD 1 OZ (XAU=X) remains on the defensive

GOLD 1 OZ (XAU=X) remains on the defensive

GOLD 1 OZ (XAU=X) remains on the defensive Gold prices remain on the defensive and below critical technical levels as wholesale inflation rises in line with expectations. Wednesday, the U.S. Labor Department said its Producer Price Index (PPI) rose 0.2% in September following a drop of 0.1% in August. The data was in line with […]

Japanese Yen: USD/JPY (JPY=X) rising global bond yields

Japanese Yen: USD/JPY (JPY=X) rising global bond yields

Japanese Yen: USD/JPY (JPY=X) rising global bond yields The Japanese yen is currently weakening against all major currencies. The yen is the weakest against the British pound today. Yesterday, the yen ended the day slightly lower against the US dollar. Notably, trading volumes in Japanese yen futures accelerated relative to the previous session and compared […]

British Pound: USD/GBP (GBP=X) pulling back after recent ascent

British Pound: USD/GBP (GBP=X) pulling back after recent ascent

British Pound: USD/GBP (GBP=X) pulling back after recent ascent GBP/USD has been an outperformer of late, with yesterday proving no different. The pair managed to rally into an October high to continue the short-term bullish trend. While we are looking likely to retrace some of the gains seen yesterday, a bullish short-term outlook remains unless we […]

Singapore: STI Index (.STI) racks up five-day losing streak

Singapore: STI Index (.STI) racks up five-day losing streak

Singapore: STI Index (.STI) racks up five-day losing streak Regional markets were mixed yesterday as worries over global growth kept investors cautious. The concern stemmed from the International Monetary Fund’s move to cut its global economic growth forecast for the first time in over two years, to 3.7 per cent from 3.9 per cent for […]

Australia: S&P/ASX 200 (.AXJO) higher on the back of healthcare

Australia: S&P/ASX 200 (.AXJO) higher on the back of healthcare

Australia: S&P/ASX 200 (.AXJO) higher on the back of healthcare A surprising turnaround has seen the Australian market finish the day higher on the back of healthcare and telco stocks as the financial sector shrugged off leftover jitters from Wall Street. The benchmark S&P/ASX200 index was up 8.7 points, or 0.14 per cent, to 6,049.8 […]

Euro: USD/EUR (EUR=X) rally looks set to falter again

Euro: USD/EUR (EUR=X) rally looks set to falter again

Euro: USD/EUR (EUR=X) rally looks set to falter again EUR/USD has been regaining ground overnight, with the pair moving into trendline resistance. The ability to break above $1.1550 will be key in reversing this short-term trend. As such, a bearish outlook remains unless that swing high is broken. Overall, the bias in prices is: Sideways. By […]

SILVER 1 OZ 999 NY (XAG=X) nice buying opportunity if cautious

SILVER 1 OZ 999 NY (XAG=X) nice buying opportunity if cautious

SILVER 1 OZ 999 NY (XAG=X) nice buying opportunity if cautious Silver markets initially pulled back during the trading session on Tuesday, reaching towards the $14.30 level before bouncing as we did on Monday as well. The candle stick is grinding its way higher, and I think we are trying to put a bit of a […]

Australian Dollar: USD/AUD (AUD=X) starts to reverse lower yet again

Australian Dollar: USD/AUD (AUD=X) starts to reverse lower yet again

Australian Dollar: USD/AUD (AUD=X) starts to reverse lower yet again AUD/USD has been attempting to regain some ground following on from the consistent decline of recent weeks. However, the recovery is looking like it could come under pressure should this bearish engulfing pattern complete. Such a bearish closed candle would provide greater confidence that we are […]

Celebrity Opinions Do Not Sway Majority of Voters

Celebrity Opinions Do Not Sway Majority of Voters

Celebrity Opinions Do Not Sway Majority of Voters US Representative Marsha Blackburn (R-TN), a candidate in Tennessee’s US Senate race, during a TV interview pushed back against pop star Taylor Swift’s Instagram post that questioned her voting record on women’s issues Ms. Swift’s declaration that she plans to vote for Democrats next month broke a […]

Mortgage Requests Fall, Borrowing Costs at 7-Year Highs

Mortgage Requests Fall, Borrowing Costs at 7-Year Highs

Mortgage Requests Fall, Borrowing Costs at 7-Year Highs US mortgage applications declined last week as home borrowing costs climbed to their highest levels in over 7 years, propelled by a spike in bond yields during last week’s market selloff, the Mortgage Bankers Association said Wednesday. The Washington-based industry group said its seasonally adjusted gauge on consumer […]

James Murdoch to Replace Elon Musk as Tesla (NASDAQ:TSLA) Chairman?

James Murdoch to Replace Elon Musk as Tesla (NASDAQ:TSLA) Chairman?

James Murdoch to Replace Elon Musk as Tesla (NASDAQ:TSLA) Chairman? $TSLA, $FOX, $DIS Twenty-First Century Fox Inc. CEO James Murdoch is the lead candidate to replace Elon Musk as Tesla Inc. Chairman, The FT reported Wednesday Tesla (NASDAQ:TSLA) and Mr. Musk reached a settlement with the Securities and Exchange (SEC) regulators last month in which […]

Hurricane Michael Hammers Florida With 155 mph Winds

Hurricane Michael Hammers Florida With 155 mph Winds

Hurricane Michael Hammers Florida With 155 mph Winds Supercharged by abnormally warm waters in the Gulf of Mexico, Hurricane Michael slammed into the Florida Panhandle on Wednesday with potentially catastrophic winds of 155 mph, one of the most powerful storms ever to hit the US Mainland. Michael blew ashore near Mexico Beach, a tourist town […]

The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports $RCUS, $BHGE, $DOOO, $DNKN, $HIG, $HOV, $INTU, $WMT, $ZEN 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) ‘Puffs’ Agency Safety Analysis

Tesla’s (NASDAQ:TSLA) ‘Puffs’ Agency Safety Analysis

Tesla’s (NASDAQ:TSLA) ‘Puffs’ Agency Safety Analysis $TSLA Tesla (NASDAQ:TSLA) claimed its M3 EV has the lowest risk of occupant injury of any vehicle in US government tests, but the National Highway Traffic Safety Administration (NHTSA) Tuesday said Tesla’s claim goes beyond the scope of its analysis. The auto safety’s agency’s 5-Star Safety Ratings Program uses […]

UnitedHealth Group Incorporated (NYSE:UNH) edged higher in the premarket

UnitedHealth Group Incorporated (NYSE:UNH) edged higher in the premarket

UnitedHealth Group Incorporated (NYSE:UNH) edged higher in the premarket Health insurers have been among the top-performing groups in 2018. They’ve been among the only top-rated groups to fare reasonably well in October, as other medical groups have sold off, such as software and chip names. UnitedHealth stock tested its 50-day line intraday, but settled with […]

United States Oil (USO) Demand is still very strong

United States Oil (USO) Demand is still very strong

United States Oil (USO) Demand is still very strong Crude rose as storm Michael strengthened and shut some U.S. oil output, while the International Energy Agency called on producers to pump more as the market is “entering the red zone.” Futures in New York rose 0.6 percent. Michael, currently a category 1 storm, is strengthening […]

Alphabet Inc. (NASDAQ:GOOG) won’t compete for the Pentagon’s $10 billion cloud-computing contract

Alphabet Inc. (NASDAQ:GOOG) won’t compete for the Pentagon’s $10 billion cloud-computing contract

Alphabet Inc. (NASDAQ:GOOG) won’t compete for the Pentagon’s $10 billion cloud-computing contract Alphabet Inc.’s Google won’t compete for the Pentagon’s cloud-computing contract that is valued at as much as $10 billion, saying the project may conflict with its corporate values, Bloomberg reported. Bids for the project, known as the Joint Enterprise Defense Infrastructure cloud, or […]