White House Believes Trade War Won’t Lead US Into Recession

White House Believes Trade War Won’t Lead US Into Recession

White House officials pushed back yesterday against concerns that economic growth may be faltering, saying they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States. ‘There is no recession in sight, White House economic adviser Larry […]

The New Globalization

The New Globalization

The term globalization encompasses a range of social, political, and economic changes. Some disciplines including anthropology or sociology focus on cultural changes of growing interconnectedness, such as the expansion of brands like Nike and McDonalds, and the networked world through social media. Other disciplines such as economics track the exchange of finances, goods and services […]

The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports

$AMGN, $BABA, $GT, $NTC, $KTOS, $LUV, $MRK, $NVDA, $WMT 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 stocks analysts have singled out to look at carefully Monday, as follows: Amgen Inc. (NASDAQ:AMGN) was reiterated […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Dips, USD Up, Crude Oil Up, Stocks Up Headlines Asia stocks advance as China’s rate adjustment improves investor mood Crude Oil prices climb after Saudi oilfield attack Gold prices dip on firmer USD and equities Gold: Gold prices dipped Monday on a stronger USD, and a recovery in […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH and Saying it Again: Stocks overreacted to the FOMC’s rate decision in the minds of investors, WH advisor calling for an emergency meeting of the committee to cut rates further. President Trump plays the tariff card to pressure Fed Chairman Powell, The market has become susceptible to every China headline, nothing new. […]

Japan’s Trade Surplus With The US Calls For Trade Negotiations

Japan’s Trade Surplus With The US Calls For Trade Negotiations

Japan’s politically sensitive trade surplus with the United States grew more than 15 percent in July, data showed Monday, as negotiators from the two economic powerhouses prepare to restart talks over a free trade deal. According to Japanese finance ministry statistics, the trade surplus with Washington climbed to 579.4 billion yen ($5.5 billion) last month, […]

Asian Markets Rally Amidst Trade Talk Resolutions

Asian Markets Rally Amidst Trade Talk Resolutions

Asian markets rallied Monday following a strong lead from Wall Street and comments from Donald Trump’s top economic adviser hailing “positive” trade talks with top Chinese negotiators. Optimism that central banks will provide fresh support to head off a global economic recession has also lent much-needed support to regional equities after last week’s sell-off, with […]

Marmelo Heads to Melbourne CUp

Marmelo (Duke of Marmalade) started as the logical favourite in the 15 furlongs Darley Prix Kergorlay (Gr2), Sunday at Deauville. The Hughie Morrison-trained 6-year-old won the race at 4 in 2017 and finished second last year behind Holdthasigreen, who was not here this year. Ridden as usual in France by Christophe Soumillon, Marmelo once again made the […]

Special Report (Part 1): The Center of the World is Moving to Asia

Special Report (Part 1): The Center of the World is Moving to Asia

Asia is a hub of world trade, it is home to some of the world’s largest companies, the fastest-growing part of the Internet, and the engine of global consumption growth. Plus it is reaching to become the world’s financial center too, Asia is Now. In the Y 2000 I wrote a paper on this coming […]

President Trump, “US economy is doing very well, no recession in sight”

President Trump, “US economy is doing very well, no recession in sight”

Sunday, President Trump said the economy is “doing very well” and dismissed concerns of recession, offering an optimistic outlook after last week’s dip in the financial markets. “I don’t think we’re having a recession,” President Trump told reporters as he returned to Washington from his New Jersey golf club. “We’re doing tremendously well. Our consumers […]

Australian Treasurer Issues Financial Sector’s Reform Timetable

Australian Treasurer Issues Financial Sector’s Reform Timetable

Treasurer Josh Frydenberg has issued a timetable for the government’s dealing with the recommendations from the royal commission into banking, superannuation and financial services, which aims to have all measures needing legislation introduced by the end of next year. The opposition has accused the government of dragging its feet on putting into effect the results […]

Box Office: ‘Good Boys’ Debuts with $21-M

Box Office: ‘Good Boys’ Debuts with $21-M

$CMCSA, $DIS, $SNE DOA’s: ‘Blinded by the Light’ and ‘Where’d You Go, Bernadette’, ‘Angry Birds 2′ and ’47 Meters Down 2’. Universal’s raunchy tween pic Good Boys laughed its way to the Top of the NA box office chart with $21-M from 3,204 theaters. The film marks the 1st time that an R-rated comedy has placed # […]

Euro: USD/EUR (EUR=X) Plagued by US-China Trade Tensions and Recession Fears

Euro: USD/EUR (EUR=X) Plagued by US-China Trade Tensions and Recession Fears

Euro: USD/EUR (EUR=X) Plagued by US-China Trade Tensions and Recession Fears The US Dollar (USD) also began the week down against many of its peers as US-China trade tensions weighed on sentiment in the ‘Greenback’. Economists at Goldman Sachs also commented that the US economy could face a recession if the superpowers fail to concede […]

New Zealand Dollar: NZD/USD (NZD=X) lower prices expected

New Zealand Dollar: NZD/USD (NZD=X) lower prices expected

New Zealand Dollar: NZD/USD (NZD=X) lower prices expected This currency pair printed a bearish inside candlestick at the end of last week, making its lowest weekly close in almost 4 years. The candlestick closed right on its low which is a bearish sign, and the NZD is more bearish than the AUD. These are all […]

Australia: S&P/ASX 200 (ASX:.AXJO) shares are looking to open higher

Australia: S&P/ASX 200 (ASX:.AXJO) shares are looking to open higher

Australia: S&P/ASX 200 (ASX:.AXJO) shares are looking to open higher Following that positive global lead, ASX 200 futures jumped 41 points, or 0.6%, on Friday night pointing to a positive start to trade for the ASX later this morning. Eurozone shares and the US S&P 500 both jumped 1.4% on Friday on the back of […]

Australian Dollar: USD/AUD (AUD=X) RBA minutes in the spotlight

Australian Dollar: USD/AUD (AUD=X) RBA minutes in the spotlight

Australian Dollar: USD/AUD (AUD=X) RBA minutes in the spotlight Australian key indicators were impressive last week, but it wasn’t enough to push the Aussie higher. The business and consumer sectors both showed higher confidence levels. The NAB Business Confidence improved to 4 in July, up from 2 in the previous release. The Westpac Consumer Sentiment […]

Shanghai: SSE Composite Index (.SSEC) aiming to consolidate itself as an international business hub

Shanghai: SSE Composite Index (.SSEC) aiming to consolidate itself as an international business hub

Shanghai: SSE Composite Index (.SSEC) aiming to consolidate itself as an international business hub The city of Shanghai, on China”s east coast, is aiming to consolidate itself as an international business hub and local authorities have presented a series of policies to attract more foreign companies.Considered one of the main development zones in China, the […]

Silver 1 OZ 999 NY (XAG=X) prices have explosive upside potential

Silver 1 OZ 999 NY (XAG=X) prices have explosive upside potential

Silver 1 OZ 999 NY (XAG=X) prices have explosive upside potential Gold and silver prices exploded to new highs this week as global economic woes sent stock markets tumbling. Concerns about interest rates and economic slowdown in China and Germany sent stocks sharply lower during the week, with the S&P 500 losing more than 3% […]

Japanese Yen: USD/JPY (JPY=X) Investors will be keeping a close eye on the Federal Reserve minutes

Japanese Yen: USD/JPY (JPY=X) Investors will be keeping a close eye on the Federal Reserve minutes

Japanese Yen: USD/JPY (JPY=X) Investors will be keeping a close eye on the Federal Reserve minutes The U.S-China trade war saga continues. President Trump announced a delay on new U.S. tariffs against China, which were set to take effect on September 1. Still, tensions between the world’s two largest economies remains high, and the mass demonstrations […]

Gold 1 OZ (XAU=X) chart pattern suggests investor indecision and impending volatility

Gold 1 OZ (XAU=X) chart pattern suggests investor indecision and impending volatility

Gold 1 OZ (XAU=X) chart pattern suggests investor indecision and impending volatility Gold futures closed lower on Friday, and for a third session, traded inside the extremely wide, $57.20 range on August 13. Usually, this chart pattern suggests investor indecision and impending volatility. In this case, however, it could be a sign that momentum is […]

Canadian Dollar: USD/CAD (CAD=X) further rise is still expected

Canadian Dollar: USD/CAD (CAD=X) further rise is still expected

Canadian Dollar: USD/CAD (CAD=X) further rise is still expected USD/CAD was bounded in consolidation below 1.3345 last week. Outlook is unchanged and initial bias stays neutral this week first. With 1.3177 minor support intact, further rise is still expected. On the upside, break of 1.3345 will extend the rebound from 1.3016 to 1.3564/3664 resistance zone. […]

British Pound: USD/GBP (GBP=X) looks to extend its rebound off multi-year lows

British Pound: USD/GBP (GBP=X) looks to extend its rebound off multi-year lows

British Pound: USD/GBP (GBP=X) looks to extend its rebound off multi-year lows GBP prices jumped 1% on balance over the past 5 trading days measured via the BXY British Pound Currency Index. Last week’s rebound in the Sterling snapped a 4-week losing streak as GBP/USD and EUR/GBP bounce off technical confluence levels dating back multiple years. Looking ahead, […]

Coolmore is King at Arqana

Coolmore is King at Arqana

Coolmore sires enjoyed a profitable Saturday in Deauville, where they accounted for the three most expensive lots sold on the opening day of the Arqana August Yearling Sale. The top price of €800,000 was paid by Phoenix Thoroughbreds for a son of Galileo offered by Haras d’Etreham as Lot 23. The February-born colt is the […]

Ferrari (NYSE:RACE) Will Continue to Limit Supercar Production

Ferrari (NYSE:RACE) Will Continue to Limit Supercar Production

$RACE Italy’s iconic luxury Supercar maker Ferrari NV (NYSE:RACE) will not expand production GT cars, and will not chase rival Porsche’s annual sales volume, Ferrari Chairman John Elkann told a group of classic car enthusiasts gathered the Pebble Beach Concours d’Elegance this weekend. He reiterated that Fiat Chrysler Automobiles ((NYSE:FCAU), of which he is also […]

O’Lonhro Victoria’s Versatile Value Stallion

O’Lonhro Victoria’s Versatile Value Stallion

O’Lonhro has proven himself to be exceptional value in Victoria. Last week he produced a City double and has managed to creep up to 13th on the National Sires Tables. With 59% winners to runners and over $5.3m in the bank from 75 winners ($70,000 av) O’Lonhro’s numbers continue to outperform many Stallions on offer […]

Hong Kong Protesters Flood Tourist Hot Spots and Finance Hubs With Violence

Hong Kong Protesters Flood Tourist Hot Spots and Finance Hubs With Violence

Hong Kong democracy activists kicked off a weekend of fresh rallies yesterday in a major test for the movement following criticism over an airport protest earlier this week and as concerns mount over Beijing’s next move. The new marches came as thousands of pro-government supporters many waving Chinese flags gathered in a park to condemn […]

Welcome to the 69th Pebble Beach Concours d’Elegance!

Welcome to the 69th Pebble Beach Concours d’Elegance!

Your Guide to Pebble Beach’s Tradition of Automotive Excellence 1950 – 2019 Our Awards Ceremony Live Stream  +  Special Displays and Exhibits  +  Map of Show Field Welcome to the 69th Pebble Beach Concours d’Elegance!  Now, just over 200 cars are taking to the 18th fairway of Pebble Beach Golf Links today to compete for […]

Artificial Intelligence In Dubai Airport Lets Passengers Travel Without Showing Passports

Artificial Intelligence In Dubai Airport Lets Passengers Travel Without Showing Passports

More than 20,000 travellers have already passed through Dubai International Airport without having to show their passports – since the Smart Tunnel was launched in October last year. Currently available for business and first-class travellers at Terminal 3 of Dubai International Airport, the high-tech service allows for a seamless immigration clearance in one single step. […]

Trump’s Plan To Buy Greenland Brings Attention To Its Value

Trump’s Plan To Buy Greenland Brings Attention To Its Value

President Donald Trump’s reported wish to buy Greenland may have been rejected by Denmark. It underscores the rising value of the massive, ice-covered island due to global warming and to China’s drive for an Arctic presence. The accelerating polar ice melt has left sparsely populated Greenland, a self-governing part of Denmark. Astride what are potentially […]

Zoffany Making a Name For Himself at Coolmore

Zoffany Making a Name For Himself at Coolmore

The well-bred Game And Set (2f Zoffany – Grace And Four, by Montjeu) will now aim for black-type after gaining her maiden win in authoritative fashion at Newbury. Placed on both her previous starts, the Andrew Balding-trained filly was dropping back in trip to six furlongs on Friday, with David Probert back on board. He rode the bay prominently […]

Another Miracle Lands Second Stakes Win For American Pharoah

Another Miracle Lands Second Stakes Win For American Pharoah

Triple Crown hero American Pharoah featured at the Saratoga meeting on Friday when exciting colt Another Miracle (2c American Pharoah x Retraceable, by Medaglia D’Oro) powered clear to win the $100,000 Skidmore Stakes on the grass. Second on debut at Belmont, the Gary Contessa trained colt was a winner on dirt at Saratoga last month […]

Trump’s Support For Fox News Takes a Turn

Trump’s Support For Fox News Takes a Turn

Last month Donald Trump watched Fox News lob what he called “softball questions” at a Democratic lawmaker. The US president then delivered a crisp smackdown of his favorite network: “Fox sure ain’t what it used to be.” After years of often fawning coverage by Fox, particularly from its pro-Trump anchors like Sean Hannity, the commander […]

US Seizure of The Iranian Oil Supertanker From Foreign Terrorist Organization

US Seizure of The Iranian Oil Supertanker From Foreign Terrorist Organization

The US Justice Department issued a warrant Friday for the seizure of the Iranian oil supertanker Grace 1, one day after a Gibraltar judge allowed the release of the detained vessel. The Justice Department alleged the ship was part of a scheme “to unlawfully access the US financial system to support illicit shipments to Syria […]

Darley Prix Morny (Gr1) at Deauville

Darley Prix Morny (Gr1) at Deauville

The 2019 renewal of the Darley Prix Morny (Gr1), a juvenile 6 furlongs championship run this Sunday on the Deauville straight course, takes place this year for the 149th time. It is also the final stage of the Darley Series. The first two stages, the Darley Prix Robert Papin (Gr2) and the Darley Prix de Cabourg […]

The Darley Prix Jean Romanet (Gr1), on Sunday at Deauville

The Darley  Prix Jean Romanet (Gr1), on Sunday at Deauville

The Darley Prix Jean Romanet (Gr1), on Sunday at Deauville, is open to aged mares over 1m2f. Created in 2004, the race is still young but it is part of a circuit promoting the best females in Europe, and its record already counts some champions like Pride, Satwa Queen (the only one who appears twice […]

9 Great Glamping Destinations in California

9 Great Glamping Destinations in California

Get the starry nights, the campfire stories, the cozy sleeping bag, and all the best parts of camping in some of California’s most beautiful settings—but without the hassle of hauling loads of gear into the backcountry. These glamping (short for “glamour camping”) destinations give you the best of both worlds—a back-to-nature break from everyday life, but enough […]

Entries Open for 2020 Magic Millions Yearling Sales

Entries Open for 2020 Magic Millions Yearling Sales

Magic Millions is thrilled to announce entries are now open for the 2020 Yearling Sales Series across Australia. The Southern Hemisphere’s leading thoroughbred sales company is coming off a record breaking season with over $378 million grossed at Magic Millions auctions. “The impressive growth of Magic Millions sales in 2019 began with amazing support from […]

Battaash and Ten Sovereigns on course for Nunthorpe clash

Battaash and Ten Sovereigns on course for Nunthorpe clash

The exciting speedsters are among 13 in the mix for the big sprint at York on Friday Battaash and Ten Sovereigns remain on course for a fascinating clash in the Coolmore Nunthorpe Stakes at York on Friday. The Charlie Hills-trained Battaash has again been in fine form this season, most recently recording a third success in the King […]

Stradivarius heads ten contenders for Lonsdale Cup

Stradivarius heads ten contenders for Lonsdale Cup

Super stayer will be seeking a tenth QIPCO British Champions Series success Super stayer Stradivarius is the star name among ten entries for the Weatherbys Hamilton Lonsdale Cup at York on Friday. The John Gosden-trained five-year-old has already won nine races that fall under the QIPCO British Champions Series banner and need one more to […]

F1: Ferrari’s (NYSE:RACE) Seb Vettel Urges Calm, Turn the Season Around

F1: Ferrari’s (NYSE:RACE) Seb Vettel Urges Calm, Turn the Season Around

$RACE Ferrari (NYSE:RACE) is facing a 3rd winless season since Y 2014, when the turbo-hybrid F1 era began. But 12 races into Y 2019 it is right up front as The Scuderia prepares for the next 9, Sebastian Vettel calls for calm. With seemingly the fastest car in pre-season testing, Ferrari were the team to […]

World’s Consumers Pursuing Good Health Drive Growth of Non-alcoholic Beverages

World’s Consumers Pursuing Good Health Drive Growth of Non-alcoholic Beverages

Global Non-Alcoholic Beverage Market Projected To Reflect A CAGR Of 4.4% During 2017-2027 The worldwide inclination of individuals for good health has prompted manufacturers to transform from alcoholic drinks to non-alcoholic beverages included value added waters, which has directed the prominent market players towards focusing on new product launches to meet the altering customer tastes. […]

Coil Monetising The Web

Coil Monetising The Web

Coil, a platform dedicated to reimagining monetization on the web for creators and their fans, today announced a 1 billion XRP grant from Ripple’s Xpring. The money will be deployed towards driving adoption of XRP and the Interledger Protocol (ILP) by growing Coil’s monetization platform through mainstream adoption of Web Monetization, an open web standard built on […]

Ferrari (NYSE:RACE) The Business of Formula One Racing

Ferrari (NYSE:RACE) The Business of Formula One Racing

$RACE Ferrari (NYSE:RACE) has competed in more than 900 Grands Prix races and remain the only constructor to have taken part in every single edition of the Formula 1 World Championship since its launch. The Scuderia hold 15 Drivers titles and 15 Constructors titles. The Maranello Outfit builds racing and road cars, symbols of Italian […]

Boycott Chan? Jackie angers woke fans over Hong Kong comments supporting ‘peace’ & ‘patriotism’

Boycott Chan? Jackie angers woke fans over Hong Kong comments supporting ‘peace’ & ‘patriotism’

Kung fu film star Jackie Chan has joined Mulan actress Liu Yifei in stoking outrage over pro-Beijing comments amid heated protests in Hong Kong, his birthplace, and calling for peace. The torches and pitchforks came out online. After a video appeared online earlier this month showing protesters defacing the Chinese flag, a number of Chinese […]

LendingTree Ranks the 50 Most Expensive Towns in America

LendingTree Ranks the 50 Most Expensive Towns in America

Small-town living isn’t always budget friendly Town life is often stereotyped as simple, idyllic and inexpensive when compared with big-city life — but this doesn’t always ring true. In fact, there are quite a few instances where towns are even more expensive than the cities they’re near. To look at how expensive small-town life can […]

Magical and Enable to meet again in Yorkshire Oaks

Magical and Enable to meet again in Yorkshire Oaks

Fourth clash between pair on cards after Magical is supplemented for York feature. Enable and Magical look set to clash for the fourth time after Aidan O’Brien supplemented the latter for the Darley Yorkshire Oaks on Thursday. Seven fillies remain in contention for the mile-and-a-half contest, with the prospect of taking on nine-time Group 1 winner Enable […]

Crystal Ocean Makes It To The G1 Juddmonte Stakes

Crystal Ocean Makes It To The G1 Juddmonte Stakes

Crystal Ocean and Sir Michael Stoute after landing the Prince Of Wales’s Stakes. Pic Steven Cargill / Racingfotos.com Crystal Ocean heads 12 confirmations for the Group 1 Juddmonte International Stakes at York on Wednesday. Sir Michael Stoute’s stable star is officially the highest-rated horse in the world and has already made an impact in the […]

Gold Finished Lower on the Day, Higher on the Week

Gold Finished Lower on the Day, Higher on the Week

$XAU, $GLD Gold ended lower Friday, but finished higher for a 3rd week running Drivers for gold have included global growth in negative interest rate bonds, the decline in real interest rates in the US, plus uncertainty regarding US-China trade policy and political unrest in Hong Kong. But, with bonds and gold overbought and bullish […]

Iconic Classic Ferrari Racer 196 SP Up for Auction

Iconic Classic Ferrari Racer 196 SP Up for Auction

$RACE This is Monterey Car Week and the auction houses are brimming with million-dollar collector cars, waiting for the 1%’rs to bid against each other for some of history’s awesome automobiles. Crossing RMSotheby’s block this weekend is a very rare 1962 Ferrari 196 SP by Fantuzzi, s/n 0806, which is expected to sell for as much as $8 to […]

Stocks Rallied in Broad-based Advance

Stocks Rallied in Broad-based Advance

$DIA, $SPY, $QQQ, $RUTX, $VXX This week’s trade has been headlined by the yield-curve inversion theory, where the yield of shorter-dated debt rises above its longer-term counterpart. On Wednesday, the yield 10-yr T-Note rate briefly fell below the 2-year T-Note a condition that has sometimes been a recession indicator. The degree to which investors have crowded […]

The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports

$AAPL, $AIT, $CSCO, $DE, $LEVI, $MANH 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 stocks analysts have singled out to look at carefully Friday, as follows: Apple Inc. (NASDAQ:AAPL) was reiterated as Outperform with […]

United States Oil (USO) finding added support from expectations Saudi Arabia has an incentive to underpin oil prices

United States Oil (USO) finding added support from expectations Saudi Arabia has an incentive to underpin oil prices

United States Oil (USO) finding added support from expectations Saudi Arabia has an incentive to underpin oil prices Oil futures rallied on Tuesday, sending U.S. prices up by 4% to their highest finish in almost two weeks, following news that the U.S. will delay tariffs on certain Chinese products until December, as the two nations […]

Bitcoin: USD/BTC (BTC=X) Shows Signs of Recovery

Bitcoin: USD/BTC (BTC=X) Shows Signs of Recovery

Bitcoin: USD/BTC (BTC=X) Shows Signs of Recovery Bitcoin is trading at $10,407 at press time, representing a 0.82% price increase on the day. Bitcoin has ranged from just under $10,000 to over $12,000 this month and had most recently been on a downward streak. However, after bottoming out around $9,700 today, BTC has turned around […]

Ethereum: USD/ETH (ETH=) Plummets to $185 as Selling Pressure Increases

Ethereum: USD/ETH (ETH=) Plummets to $185 as Selling Pressure Increases

Ethereum: USD/ETH (ETH=) Plummets to $185 as Selling Pressure Increases Ethereum (ETH) has been one of the many victims of the recent widespread sell-off in the crypto markets, which was sparked when Bitcoin faced a sharp drop that sent it to lows of roughly $9,500. This latest drop has sent Ethereum reeling down 10% to […]

Buybacks of Alphabet Inc. (NASDAQ:GOOG) stock would be a boon to stalwart investors

Buybacks of Alphabet Inc. (NASDAQ:GOOG) stock would be a boon to stalwart investors

Buybacks of Alphabet Inc. (NASDAQ:GOOG) stock would be a boon to stalwart investors Recent troubles with Alphabet (NASDAQ: GOOG GOOGL) are indicative of the many moving parts that go into the bull thesis, as has been demonstrated by recent weakness in Google stock. As is the case with many large- and mega-cap technology companies these […]

Twitter, Inc. (NYSE:TWTR) All-set to Report Quarterly Results

Twitter, Inc. (NYSE:TWTR) All-set to Report Quarterly Results

Twitter, Inc. (NYSE:TWTR) All-set to Report Quarterly Results At the end of the latest market close, Twitter, Inc. (TWTR) was valued at $41.81. In that particular session, Stock kicked-off at the price of $41.03 while reaching the peak value of $41.25 and lowest value recorded on the day was $40.39. The stock current value is […]

Alibaba Group Holding Limited (NYSE:BABA) beats earnings and revenue expectations in the face of macro concerns

Alibaba Group Holding Limited (NYSE:BABA) beats earnings and revenue expectations in the face of macro concerns

Alibaba Group Holding Limited (NYSE:BABA) beats earnings and revenue expectations in the face of macro concerns Alibaba Group Holdings Ltd. is managing to invest more efficiently as it tries to expand its business, a trend that helped send shares of the e-commerce giant higher in Thursday’s session.  The company on Thursday reported better-than-expected earnings and revenue […]

A recession and growing competition suggests you should dump Tesla, Inc. (NASDAQ:TSLA) stock while you still can

A recession and growing competition suggests you should dump Tesla, Inc. (NASDAQ:TSLA) stock while you still can

A recession and growing competition suggests you should dump Tesla, Inc. (NASDAQ:TSLA) stock while you still can Up until fairly recently, I used to be a big fan of Elon Musk and his vaunted company Tesla (NASDAQ:TSLA). However, a series of unnecessary controversies and unforced errors made me change my opinion. Granted, I still think the man is a […]

Apple Inc. (NASDAQ:AAPL) time to take a bite out of Apple

Apple Inc. (NASDAQ:AAPL) time to take a bite out of Apple

Apple Inc. (NASDAQ:AAPL) time to take a bite out of Apple Shares of Apple (NASDAQ: AAPL ) have certainly fallen hard along with the rest of the market over the past few weeks. Apple stock is now down nearly 10% from the recent highs despite good earnings and a better outlook from the recent earnings report. While growth is […]

Facebook, Inc. (NASDAQ:FB) Friending the revenue trend

Facebook, Inc. (NASDAQ:FB) Friending the revenue trend

Facebook, Inc. (NASDAQ:FB) Friending the revenue trend Facebook had been warning investors for the better part of a year to expect revenue to decelerate into 2020, and CFO David Wehner reiterated that outlook on the second-quarter earnings call. New rules limiting data gathering and beefing up privacy practices — most notably the sweeping regulation on […]

Walmart Inc. (NYSE:WMT) Chief Executive Doug McMillon said there should be a discussion about banning assault weapons in the U.S.

Walmart Inc. (NYSE:WMT) Chief Executive Doug McMillon said there should be a discussion about banning assault weapons in the U.S.

Walmart Inc. (NYSE:WMT) Chief Executive Doug McMillon said there should be a discussion about banning assault weapons in the U.S. Walmart Inc. Chief Executive Doug McMillon said Thursday there should be a discussion about banning assault weapons in the U.S. McMillon made the comment as Walmart released fiscal second-quarter earnings, but neither he nor Dan […]

NASDAQ Composite (.IXIC) hobbling along with some retail, networking and telecom stocks

NASDAQ Composite (.IXIC) hobbling along with some retail, networking and telecom stocks

NASDAQ Composite (.IXIC) hobbling along with some retail, networking and telecom stocks The S&P 500 ended a volatile session with a 0.3% gain Thursday, as indexes closed well off session lows but the market outlook remained uncertain. Meanwhile, a popular retail sector ETF hit a six-year low. The S&P 500 index was down as much […]

Dow Jones Industrial Average (.DJI) conflicting signals are giving people whiplash

Dow Jones Industrial Average (.DJI) conflicting signals are giving people whiplash

Dow Jones Industrial Average (.DJI) conflicting signals are giving people whiplash The Dow recovered somewhat Thursday from an 800-point loss a day earlier, the worst of 2019. But investors are unsure of what will happen next in the markets. Conflicting signals are giving people whiplash. Several negative signs are weighing on markets: The yield curve […]

Royal Ascot Winner A’Ali and Earthlight Lead Sunday’s Prix Morny at Deauville for Automatic Berth for Automatic Berth into Breeders’ Cup Juvenile Turf Sprint

Royal Ascot Winner A’Ali and Earthlight Lead Sunday’s Prix Morny at Deauville for Automatic Berth for Automatic Berth into Breeders’ Cup Juvenile Turf Sprint

Shaikh Duaij Al Khalifa’s A’ Ali (IRE), seeking his second Breeders’ Cup Challenge victory this year, and the unbeaten Earthlight (IRE), headline Sunday’s six-furlong Darley Prix Morny (G1) for 2-year-olds at Deauville. The Prix Morny winner will receive an automatic berth into the Breeders’ Cup Juvenile Turf Sprint (G2) through the international Breeders’ Cup Challenge. […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Up, Crude Oil Up, Stocks Up Headlines Crude Oil rises as US retail sales ease recession fears Asia stocks up in stimulus speculation Gold heads for 3rd weekly gainer on trade, growth concerns Dollar index higher Gold: Gold prices dipped Friday but were headed for […]

Ferrari’s (NYSE:RACE) Classiche Car Program

Ferrari’s (NYSE:RACE) Classiche Car Program

$RACE As today’s enthusiasts well know, classic cars are more than a hobby. They are a multi-billion-dollar industry, and Enzo Era Ferraris (1947-1972) are at the Top of the lists. Some devotees might complain that years of a strong collector market have raised prices for many desirable marques and models, but the rise in value […]

Gold Headed to $2,300 oz, Stocks Seen Much Higher Too

Gold Headed to $2,300 oz, Stocks Seen Much Higher Too

$DIA, $SPY, $QQQ, $RUTX, $VXX, $XAU, $GLD The US stock market finished mixed Thursday, as investors weighed the resiliency of the US consumer Vs growth concerns. The S&P 500 (+0.3%) and DJIA(+0.4%) finished higher, while the NAS Comp (-0.1%) and Russell 2000 (-0.4%) finished lower. The overall uncertainty from the US-China trade dispute is high […]

UK FTSE 100 (.FTSE) investors rushed to sell-off risky assets

UK FTSE 100 (.FTSE) investors rushed to sell-off risky assets

UK FTSE 100 (.FTSE) investors rushed to sell-off risky assets London’s FTSE 100 was pushed into the red today by several heavyweight stocks that traded without dividend entitlement, while gains in gambling firm GVC and trading platform Plus500 helped the mid-cap index outperform. The FTSE 100 shed 0.3 per cent, as worries of an imminent […]

Shanghai: SSE Composite Index (.SSEC) increasingly anxious over the lack of signs of progress toward settling the U.S.-Chinese tariff war over trade and technology

Shanghai: SSE Composite Index (.SSEC) increasingly anxious over the lack of signs of progress toward settling the U.S.-Chinese tariff war over trade and technology

Shanghai: SSE Composite Index (.SSEC) increasingly anxious over the lack of signs of progress toward settling the U.S.-Chinese tariff war over trade and technology Asian markets fell in early trading Thursday, following Wall Street’s worst day of the year amid signals of recession. The yield on the closely watched 10-year Treasury fell so low Wednesday […]

British Pound: USD/GBP (GBP=X) steady as UK retail sales beat expectations

British Pound: USD/GBP (GBP=X) steady as UK retail sales beat expectations

British Pound: USD/GBP (GBP=X) steady as UK retail sales beat expectations The GBP/USD exchange rate is currently trading at $1.206, virtually unchanged from today’s opening levels. UK retail sales figures have helped the Pound find its feet this morning. The Office for National Statistics (ONS) reported a 0.2 percent expansion in sales for July, slowing […]

DAX PERFORMANCE-INDEX (.GDAXI) pauses after sharp decline

DAX PERFORMANCE-INDEX (.GDAXI) pauses after sharp decline

DAX PERFORMANCE-INDEX (.GDAXI) pauses after sharp decline The DAX has also turned lower over the course of the week. While the index has not quite managed to return into the lows of last week, there is a strong chance we will see further downside to continue the trend of lower highs and lows. With the price initially […]

FTSE Bursa Malaysia KLCI (.KLSE) returns to red as global uncertainty intensifies

FTSE Bursa Malaysia KLCI (.KLSE) returns to red as global uncertainty intensifies

FTSE Bursa Malaysia KLCI (.KLSE) returns to red as global uncertainty intensifies Intensifying global uncertainties and slowdown in major economies dragged Bursa Malaysia into the red at the opening today. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 16.14 points to 1,584.17, below the psychological support level of 1,590 from yesterday’s close […]

Canadian Dollar: USD/CAD (CAD=X) nears resistance potential

Canadian Dollar: USD/CAD (CAD=X) nears resistance potential

Canadian Dollar: USD/CAD (CAD=X) nears resistance potential The topside theme has continued in USD/CAD after the earlier-week visit back down to 1.3200. As looked at yesterday, the big question is for how long this recovery might last and it looks as though prices are poised to soon set a fresh three-week-high. But, just above is an area of […]

Bitcoin: USD/BTC (BTC=X) price embraces five figures

Bitcoin: USD/BTC (BTC=X) price embraces five figures

Bitcoin: USD/BTC (BTC=X) price embraces five figures Data from Coin360 shows BTC/USD put in a sudden rally on Thursday, gaining more than 5% in hours and subsequently holding onto support above $10,000.  The latest break to the upside reinforced an already positive mood among traders and analysts, who earlier recommended not treating Bitcoin’s dip to […]

Australian Dollar: USD/AUD (AUD=X) support on the monthly chart at 0.65

Australian Dollar: USD/AUD (AUD=X) support on the monthly chart at 0.65

Australian Dollar: USD/AUD (AUD=X) support on the monthly chart at 0.65 The Australian dollar has rallied a bit during the trading session on Thursday, showing signs of consolidation just below the crucial 0.68 level which was previous support. At this point I think the market is simply trying to digest the losses and decide whether or […]

Japanese Yen: USD/JPY (JPY=X) Reversing to New Lows

Japanese Yen: USD/JPY (JPY=X) Reversing to New Lows

Japanese Yen: USD/JPY (JPY=X) Reversing to New Lows On Monday, both British Pound and US Dollar weakened against Japanese Yen, with GBP/JPY testing its lowest level in over two and half years at 126.55. Meanwhile, USD/JPY printed 105.05 – Its lowest level in over seven months. This week the Relative Strength Index (RSI) climbed above 30 on GBP/JPY, then moved […]

Euro: USD/EUR (EUR=X) trading near weekly lows as the ECB might be getting ready for more stimulus

Euro: USD/EUR (EUR=X) trading near weekly lows as the ECB might be getting ready for more stimulus

Euro: USD/EUR (EUR=X) trading near weekly lows as the ECB might be getting ready for more stimulus On the daily time-frame, the common currency is trading in a bear trend below the main daily simple moving averages (DSMAs). Earlier in the New York session, the US Retail Sales Control Group came in better-than-expected at 1% […]

Australia: S&P/ASX 200 (ASX:.AXJO) market lost $60 billion in value, completing the wipeout of all the gains it made over the past two months

Australia: S&P/ASX 200 (ASX:.AXJO) market lost $60 billion in value, completing the wipeout of all the gains it made over the past two months

Australia: S&P/ASX 200 (ASX:.AXJO) market lost $60 billion in value, completing the wipeout of all the gains it made over the past two months The benchmark ASX 200 index closed 2.9 per cent lower at 6,408, a stunning retreat from its record high reached on July 30. It was the worst one-day fall for the benchmark […]

Singapore: STI Index (.STI) hurt by losses in financial sector

Singapore: STI Index (.STI) hurt by losses in financial sector

Singapore: STI Index (.STI) hurt by losses in financial sector U.S. curve inverts for first time in 12 years Singapore hurt by losses in financial sector Vietnam claws back ground to end 1.1% higher Most Southeast Asian stock markets ended lower on Thursday, tracking a global downturn in equities as an inversion in the U.S. […]

Gold 1 OZ (XAU=X) solid resistance at $1,600.00

Gold 1 OZ (XAU=X) solid resistance at $1,600.00

Gold 1 OZ (XAU=X) solid resistance at $1,600.00 Gold and silver prices are weaker in early U.S. trading Thursday. Some upbeat U.S. economic data has put some added downside pressure on the metals. The markets are also pausing to see how early trading unfolds in the U.S. stock market, following overnight developments on the U.S.-China trade war front. […]

Hong Kong: Hang Seng Index (.HSI) lifted by property related stocks

Hong Kong: Hang Seng Index (.HSI) lifted by property related stocks

Hong Kong: Hang Seng Index (.HSI) lifted by property related stocks Shares in Asia were mixed Thursday afternoon as the main yield curve in U.S. Treasurys inverted, triggering fears over the state of the U.S. economy. In mainland China, stocks rose on the day following an earlier slip. The Shanghai composite gained 0.25% to 2,815.80, […]

Tame Producer Inflation Supports Case for Another Fed Rate Cut in September

Tame Producer Inflation Supports Case for Another Fed Rate Cut in September

US producer prices increased moderately in July, lifted by a rebound in the cost of energy products, while underlying producer inflation retreated, which could allow the Fed to cut interest rates again next month. The benign inflation report from the Labor Department on Friday could boost expectations for a half-percentage-point cut at the Fed’s 17-18 Sept. policy […]

US Consumer Optimism Solid, Retail Sales Up

US Consumer Optimism Solid, Retail Sales Up

US consumers spent more at retail stores and restaurants in July, a sign that concerns over weakening economic growth and a persistent trade dispute that have rattled financial markets have not dampened the American consumer’s confidence. Retail sales rose a healthy 0.7% last month after a 0.3% gainer in June, the Commerce Department said Thursday. […]

Buzz Technologies, Inc. — BZTG FinTech Services

Buzz Technologies, Inc. — BZTG FinTech Services

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