F1: Ferrari (NYSE:RACE) ‘Locks Out’Front Row at Japan Grand Prix

F1: Ferrari (NYSE:RACE) ‘Locks Out’Front Row at Japan Grand Prix

$RACE After Saturday qualifying; race Sunday at Suzuka International Racing Course Suzuka, Japan Lap length: 5.81 kilometres Third session 1. Sebastian Vettel, Germany, Ferrari, 1 minute, 27.064 seconds. 2. Charles Leclerc, Monaco, Ferrari, 1:27.253. 3. Valtteri Bottas, Finland, MercedesAMG, 1:27.293. 4. Lewis Hamilton, Great Britain, MercedesAMG, 1:27.302. 5. Max Verstappen, Netherlands, Red Bull Racing Honda, 1:27.851. 6. Alexander […]

Regally Bred Fastnet Rock Colt Lights Up Tattersalls

Regally Bred Fastnet Rock Colt Lights Up Tattersalls

Thursday saw a son of Fastnet Rock light up the Tattersalls sales ring when selling to Aquis Farm for 725,000gns. Offered by James Hanly’s Ballyhimikin Stud on behalf of breeder Sven Hanson, the bay colt was predicted to prove popular, given that he is a full-brother to the top-class One Foot In Heaven (Fastnet Rock). Their dam […]

Ten top highlights from this year’s QIPCO British Champions Series

Ten top highlights from this year’s QIPCO British Champions Series

From Magna Grecia in the 2000 Guineas through to Logicia in the St leger, it has been a sparkling series Enable and Crystal Ocean served up a thriller in the King George VI And Queen Elizabeth Qipco Stakes. Picture: Steve Davies/Racingfotos.com It has been another memorable QIPCO British Champions Series with the grand finale, at […]

Netflix, Inc. (NASDAQ:NFLX) faces growing fears that it could lose out in the streaming wars

Netflix, Inc. (NASDAQ:NFLX) faces growing fears that it could lose out in the streaming wars

Netflix, Inc. (NASDAQ:NFLX) faces growing fears that it could lose out in the streaming wars Netflix faces growing fears that it could lose out in the streaming wars, but Goldman Sachs said in a note to clients on Thursday that the company has fought off competition before, making it likely to weather the storm. But Goldman […]

EU removes Switzerland, UAE from tax-haven list

EU removes Switzerland, UAE from tax-haven list

The EU removed Switzerland and the United Arab Emirates from its list of tax havens on Thursday, giving two global hubs for multinational tax schemes the all clear. “Albania, Costa Rica, Mauritius, Serbia and Switzerland have implemented ahead of their deadline all necessary reforms to comply with EU tax good governance principles,” the bloc’s 28 […]

Apple Inc. (NASDAQ:AAPL) analysts have increased their price targets

Apple Inc. (NASDAQ:AAPL) analysts have increased their price targets

Apple Inc. (NASDAQ:AAPL) analysts have increased their price targets Apple’s stock price hit a one-year high on Thursday, jumping as much as 1.5%, as investors continue to be optimistic about demand for the new iPhone 11 models. Several Wall Street analysts have issued price upgrades or reiterated bullish targets on Apple in recent weeks amid stronger-than-expected […]

Bitcoin: USD/BTC (BTC=X) recovering nicely from its monthly lows

Bitcoin: USD/BTC (BTC=X) recovering nicely from its monthly lows

Bitcoin: USD/BTC (BTC=X) recovering nicely from its monthly lows Bitcoin is having a pretty good week. A bullish trend, which began on Monday, has seen the price of Bitcoin recover from its monthly low of $7,762 two weeks ago.  During the last four days, Bitcoin has climbed, but it’s met strong resistance near the $8,700 […]

Alibaba Group Holding Limited (NYSE:BABA) financial results are being discounted by the trade war

Alibaba Group Holding Limited (NYSE:BABA) financial results are being discounted by the trade war

Alibaba Group Holding Limited (NYSE:BABA) financial results are being discounted by the trade war Alibaba’s financial results are being discounted by the trade war. Its growth has slowed, down from 50% per year. China’s consumers are feeling a pinch. The fall of the yuan means its success is worth less when translated to U.S. currency. […]

ECB account reveals deep divisions over stimulus

ECB account reveals deep divisions over stimulus

European Central Bank governors were divided as never before over their decision last month to re-launch “quantitative easing” (QE) mass bond-buying, an official account of the meeting showed Thursday, underscoring an already bitter public debate. While “all members agreed that a further easing of the monetary policy stance was warranted” to boost growth and inflation […]

Ethereum: USD/ETH (ETH=) co-founder Joseph Lubin has proposed a new milestone for the community of developers

Ethereum:  USD/ETH (ETH=) co-founder Joseph Lubin has proposed a new milestone for the community of developers

Ethereum: USD/ETH (ETH=) co-founder Joseph Lubin has proposed a new milestone for the community of developers The co-founder of Ethereum, Joseph Lubin has proposed a new milestone for the community of Ethereum developers amidst the ongoing Ethereum 2.0 controversy. At the fifth Ethereum annual developer meetup Devcon, which is currently taking place at Japan Osaka, Lubin revealed […]

NASDAQ Composite (.IXIC) rebounding dramatically from the sell off

NASDAQ Composite (.IXIC) rebounding dramatically from the sell off

NASDAQ Composite (.IXIC) rebounding dramatically from the sell off We finished up yesterday with broad based gains on all three major markets rebounding dramatically from the sell off on Tuesday when the market were doubting that any progress would be made on the trade front. The catalyst for buying was fueled by a report that […]

Dow Jones Industrial Average (.DJI) rallying strongly as Donald Trump and China prime markets for a possible trade deal

Dow Jones Industrial Average (.DJI) rallying strongly as Donald Trump and China prime markets for a possible trade deal

Dow Jones Industrial Average (.DJI) rallying strongly as Donald Trump and China prime markets for a possible trade deal The stock market bounced aggressively on the news that Trump and Chinese Vice Premier Liu He will meet tomorrow in the White House as the “surprise” teased by Larry Kudlow comes to fruition. Additionally, a soft US CPI number gave […]

Tesla, Inc. (NASDAQ:TSLA) car slammed into a wall and caught fire, killing one and injuring another

Tesla, Inc. (NASDAQ:TSLA) car slammed into a wall and caught fire, killing one and injuring another

Tesla, Inc. (NASDAQ:TSLA) car slammed into a wall and caught fire, killing one and injuring another The father of an 18-year-old Florida teen killed when his speeding Telsa TSLA, +0.09%   slammed into a wall and caught fire is suing the company, saying the crash should have been “entirely survivable.” Police say Barrett Riley and his 18-year-old friend […]

Brexit-facing UK economy shrinks but set to avoid recession

Brexit-facing UK economy shrinks but set to avoid recession

Britain’s Brexit-facing economy shrank in August, official data showed Thursday, but analysts say a better-than-expected July is expected to help it avoid recession. Gross domestic product — the combined value of all goods and services produced in the economy — slid 0.1 percent in August from July, the Office for National Statistics said in a […]

OPEC oil production drops after attacks on Saudi installations

OPEC oil production drops after attacks on Saudi installations

The OPEC oil cartel saw its crude production fall in September, mostly due to production falling in Saudi Arabia following attacks on its oil infrastructure, according to its monthly oil report released on Thursday. The Organization for the Petroleum Exporting Countries said its production fell to an average of 28.49 million barrels per day (mbd) […]

Facebook, Inc. (NASDAQ:FB) Inclination Toward AR-VR Products

Facebook, Inc. (NASDAQ:FB) Inclination Toward AR-VR Products

Facebook, Inc. (NASDAQ:FB) Inclination Toward AR-VR Products CTRL-Labs’ technology could be an integral part of a mechanism that allows one to control their movements in augmented reality. In fact, this acquisition marks Facebook’s second such purchase toward developing futuristic technology. Back in 2014, Facebook had paid $2 billion to acquire Oculus, a virtual reality (VR) […]

Bitcoin: USD/BTC (BTC=X) continues to look north and may rise to $9,000 in the short-term

Bitcoin: USD/BTC (BTC=X) continues to look north and may rise to $9,000 in the short-term

Bitcoin: USD/BTC (BTC=X) continues to look north and may rise to $9,000 in the short-term Bitcoin (BTC) continues to look north and may rise to $9,000 in the short-term despite a U.S. regulator’s decision to reject a bitcoin exchange-traded fund (ETF) proposal. The U.S. Securities and Exchange Commission (SEC) on Wednesday announced that the ETF […]

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

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

Australian Dollar: USD/AUD (AUD=X) tumble amid risk aversion Risk aversion is kicking in at the onset of Thursday’s Asia Pacific trading session. The sentiment-linked Australian and New Zealand Dollars are falling alongside S&P 500 and Nikkei 225 futures. Meanwhile, the anti-risk Japanese Yen and similarly-behaving Swiss Franc are outperforming against their major counterparts. The souring in market mood can be traced […]

Gold 1 OZ (XAU=X) Cycles Pointing Lower

Gold 1 OZ (XAU=X) Cycles Pointing Lower

Gold 1 OZ (XAU=X) Cycles Pointing Lower Metals and miners have been bouncing after forming interim cycle lows. Our work supports a failed rally that should terminate by mid-October. A trade deal with China (partial or otherwise) could trigger the next selloff in gold. We use cycles to time key turning points in precious metals. […]

Silver 1 OZ 999 NY (XAG=X) Stalls but Risk Remains

Silver 1 OZ 999 NY (XAG=X) Stalls but Risk Remains

Silver 1 OZ 999 NY (XAG=X) Stalls but Risk Remains Silver prices are down more than 10% off the September highs with XAG/USD trading in a wide range just below a critical resistance level we’ve been tracking for months now. These are the updated targets and invalidation levels that matter on the Silver weekly price chart. In […]

United States Oil (USO) currently driven by sentiment rather than the real fundamentals

United States Oil (USO) currently driven by sentiment rather than the real fundamentals

United States Oil (USO) currently driven by sentiment rather than the real fundamentals Oil prices are not going anywhere, at least until this time next year. Brent Crude will still trade range-bound in the $50s a year from now, the heads of the world’s largest independent oil and commodity trading groups said on Wednesday. The […]

Australia: S&P/ASX 200 (.AXJO) Wild day ends flat

Australia: S&P/ASX 200 (.AXJO) Wild day ends flat

Australia: S&P/ASX 200 (.AXJO) Wild day ends flat Australian shares endured a wild ride on Thursday, gyrating throughout the session as a swathe of conflicting headlines relating to trade talks between the United States and China saw sentiment change in the blink of an eye. After three trips into negative territory and two ventures into […]

Ethereum: USD/ETH (ETH=) rallies back above $190

Ethereum: USD/ETH (ETH=) rallies back above $190

Ethereum: USD/ETH (ETH=) rallies back above $190 Ethereum has risen over 6 percent in price today, as the second-biggest cryptocurrency by market cap spiked over 5 percent in a couple of hours to hit a high of $194. However, looking at the bigger picture, the price of Ethereum is still down over 14 percent from […]

Alphabet Inc. (NASDAQ:GOOG) hires former SAP executive Brigette McInnis-Day to lead Google Cloud’s human resources department

Alphabet Inc. (NASDAQ:GOOG) hires former SAP executive Brigette McInnis-Day to lead Google Cloud’s human resources department

Alphabet Inc. (NASDAQ:GOOG) hires former SAP executive Brigette McInnis-Day to lead Google Cloud’s human resources department Google has hired SAP executive Brigette McInnis-Day to lead Google Cloud’s human resources division as it scales aggressively. As vice president of Cloud HR, McInnis-Day will report into Eileen Noughton, head of Google’s people operations, a company spokesperson confirmed […]

The Boeing Company (NYSE:BA) Diverge Further On Expectations For 737 Max Return

The Boeing Company (NYSE:BA) Diverge Further On Expectations For 737 Max Return

The Boeing Company (NYSE:BA) Diverge Further On Expectations For 737 Max Return American Airlines (AAL) has canceled Boeing 737 Max flights through mid-January, throwing the plane-maker’s timetable about a return to service into doubt. Boeing stock was flat early Wednesday. The airline previously had canceled flights through early December and now plans to gradually ease the […]

NASDAQ Composite (.IXIC) rise on trade hopes

NASDAQ Composite (.IXIC) rise on trade hopes

NASDAQ Composite (.IXIC) rise on trade hopes North American stock markets gained on Wednesday on a report that China could yet agree to a partial trade deal with the United States despite recent tensions, while the prospect of a last-minute Brexit agreement between the European Union and Britain seemed as remote as ever. Sterling was […]

Dow Jones Industrial Average (.DJI) Rebounds As Wild Action Continues

Dow Jones Industrial Average (.DJI) Rebounds As Wild Action Continues

Dow Jones Industrial Average (.DJI) Rebounds As Wild Action Continues The Dow Jones Industrial Average and other major indexes scored solid gains in the stock market today to extend their recent volatile action ahead of U.S.-China trade talks Thursday. The Nasdaq rallied 1%, the S&P 500 rose 0.9% and the Dow Jones industrials gained 0.7%. Small caps […]

Apple Inc. (NASDAQ:AAPL) will launch an augmented reality headset

Apple Inc. (NASDAQ:AAPL) will launch an augmented reality headset

Apple Inc. (NASDAQ:AAPL) will launch an augmented reality headset A Wednesday note from TF Securities analyst Ming-Chi Kuo said Apple is planning a bunch of new hardware for the first half of 2020, including new augmented reality glasses that Apple will build with third-party brands. A rough Google translation from the site MyDrivers covers the […]

Facebook, Inc. (NASDAQ:FB) Settles with Advertisers

Facebook, Inc. (NASDAQ:FB) Settles with Advertisers

Facebook, Inc. (NASDAQ:FB) Settles with Advertisers Facebook FB has agreed to pay $40 million to settle a case with advertisers that it maintains is “without merit.” Advertisers claim that Facebook moderated viewing metrics that made them spend more on the platform. But as it turns out, the problem related to the way viewing metrics were […]

Amazon.com, Inc. (NASDAQ:AMZN) Expands Tablet Portfolio With Fire HD 10 Launch

Amazon.com, Inc. (NASDAQ:AMZN) Expands Tablet Portfolio With Fire HD 10 Launch

Amazon.com, Inc. (NASDAQ:AMZN) Expands Tablet Portfolio With Fire HD 10 Launch Amazon AMZN is leaving no stone unturned to bolster presence in the world of entertainment by expanding its tablet portfolio. Recently, the company unveiled the latest version of its Fire HD 10 tablet, which offers access to more than 450,000 Audible titles and more than […]

Bitcoin: USD/BTC (BTC=X) Price Rallies to Touch $8,600

Bitcoin: USD/BTC (BTC=X) Price Rallies to Touch $8,600

Bitcoin: USD/BTC (BTC=X) Price Rallies to Touch $8,600 The world’s most popular crypto coin rallied from an intraday low of around $8,200 up to its current trading price near $8,600, showing impressive gains of over 5% in the past 24 hours, while a vast majority of the top 100 crypto coins are pumping in sync […]

United States Oil (USO) settles with a loss as Fed minutes raise economic worries

United States Oil (USO) settles with a loss as Fed minutes raise economic worries

United States Oil (USO) settles with a loss as Fed minutes raise economic worries U.S. oil futures settled slightly lower Wednesday, giving up earlier gains, as minutes from the Federal Reserve’s September meeting raised worries about the economy and government data revealed a fourth straight rise in domestic crude supplies. Prices had moved higher earlier […]

Tesla, Inc. (NASDAQ:TSLA) to report Q3 results Oct. 23

Tesla, Inc. (NASDAQ:TSLA) to report Q3 results Oct. 23

Tesla, Inc. (NASDAQ:TSLA) to report Q3 results Oct. 23 Tesla Inc. TSLA, +1.87% said late Wednesday it will post its third-quarter results after market close on Oct. 23. A call with Wall Street analysts will follow at 6:30 p.m. Eastern, the Silicon Valley car maker said. Tesla shares were flat in the extended session, after ending the regular […]

Gold 1 OZ (XAU=X) turns to FOMC minutes after Powell’s comments

Gold 1 OZ (XAU=X) turns to FOMC minutes after Powell’s comments

Gold 1 OZ (XAU=X) turns to FOMC minutes after Powell’s comments Gold prices and Brent may suffer after the FOMC minutes are published if the underlying tone in the text does not reflect the same level of urgency for easing that investors are expressing. At the time of writing, overnight index swaps are pricing in […]

Japanese Yen: USD/JPY (JPY=X) US dollar continues to churn against Yen

Japanese Yen: USD/JPY (JPY=X) US dollar continues to churn against Yen

Japanese Yen: USD/JPY (JPY=X) US dollar continues to churn against Yen The US dollar has initially fallen during the trading session on Wednesday, only to turn around to rally against the Japanese yen. Quite frankly, there’s a lot of noise out there involving the US/China trade situation, and perhaps a little bit of hope as […]

Hong Kong: HANG SENG INDEX (.HSI) stocks declined as tensions between the United States and China worsened

Hong Kong: HANG SENG INDEX (.HSI) stocks declined as tensions between the United States and China worsened

Hong Kong: HANG SENG INDEX (.HSI) stocks declined as tensions between the United States and China worsened Asian stocks declined Wednesday as tensions between the United States and China worsened. Japan’s Nikkei 225 (N225) fell 0.8%. Hong Kong’s Hang Seng Index (HSI) dropped 0.3%, while China’s Shanghai Composite Index (SHCOMP) declined 0.1%. Markets in South […]

Australia: S&P/ASX 200 (.AXJO) set to open higher

Australia: S&P/ASX 200 (.AXJO) set to open higher

Australia: S&P/ASX 200 (.AXJO) set to open higher Australian shares are set to open higher on renewed optimism for the pending high-level trade talks in Washington between the US and China. ASX futures were up 46 points or 0.7% to 6560 near 6am AEDT. The currency was little changed. China was still open to agreeing […]

British Pound: USD/GBP (GBP=X) is forecast to extend lower

British Pound: USD/GBP (GBP=X) is forecast to extend lower

British Pound: USD/GBP (GBP=X) is forecast to extend lower The Pound-to-Dollar exchange rate is forecast to extend lower by strategist Russel Sandiford of ACY Securities. GBP/USD is currently located at 1.2211, having gone as high as 1.2522 in late October, and Brexit headlines will likely extend the Pound’s weakness whilst the U.S. Dollar could strengthen […]

Silver 1 OZ 999 NY (XAG=X) prices up; FOMC minutes on deck

Silver 1 OZ 999 NY (XAG=X) prices up; FOMC minutes on deck

Silver 1 OZ 999 NY (XAG=X) prices up; FOMC minutes on deck Gold and silver prices are moderately higher in early U.S. trading Wednesday. There are lingering geopolitical matters that have many traders and investors looking to the safe-haven metals as an investment. December gold futures were last up $8.20 an ounce at 1,512.20. December Comex silver prices were last up $0.19 […]

Euro: USD/EUR (EUR=X) rebound hits resistance and stalls

Euro: USD/EUR (EUR=X) rebound hits resistance and stalls

Euro: USD/EUR (EUR=X) rebound hits resistance and stalls The Euro-to-Dollar rate’s recovery has hit a roadblock and is stalling. There is now a risk the pair could start to move lower again. EUR/USD had been rising during the first week of October after posting new trough lows of 1.0879 on October 1. Yet that recovery […]

Canadian Dollar: USD/CAD (CAD=X) traders are keeping a close watch on U.S./China trade developments

Canadian Dollar: USD/CAD (CAD=X) traders are keeping a close watch on U.S./China trade developments

Canadian Dollar: USD/CAD (CAD=X) traders are keeping a close watch on U.S./China trade developments The Canadian dollar continues to drift within its well-defined USD/CAD trading band of $1.3240-$1.3340. The release of the September 18 U.S. Federal Open Market Committee (FOMC) meeting minutes is unlikely to offer any information or insight that would lead to a […]

Bitcoin: USD/BTC (BTC=X) Jumps to 3-Week High Near $8,600

Bitcoin: USD/BTC (BTC=X) Jumps to 3-Week High Near $8,600

Bitcoin: USD/BTC (BTC=X) Jumps to 3-Week High Near $8,600 Bitcoin (BTC) jumped 5.1 percent on Wednesday to the highest price in three weeks, after the Federal Reserve (Fed) said it would print money to expand the size of bank reserves – seen as a move by the U.S. central bank that could spark inflation. Bitcoin suffered […]

Singapore: STI Index (.STI) shares join regional slide

Singapore: STI Index (.STI) shares join regional slide

Singapore: STI Index (.STI) shares join regional slide The days leading up to the US-China trade talks have seen more mines scattered along the road towards a resolution. And if the effect of which wasn’t noticeable during Tuesday’s Asia session, it was certainly felt on Wednesday. Singapore’s Straits Times Index (STI) started the day 0.4 […]

Australian Dollar: USD/AUD (AUD=X) extends the decline amid waning hopes for an imminent US-China trade deal

Australian Dollar: USD/AUD (AUD=X) extends the decline amid waning hopes for an imminent US-China trade deal

Australian Dollar: USD/AUD (AUD=X) extends the decline amid waning hopes for an imminent US-China trade deal The recent rebound in AUD/USD continues to unravel as China signaled it would retaliate against the Trump administration for blacklisting 8 tech companies, with China’s Foreign Ministry spokesman, Geng Shuang, urging the US to “immediately correct its mistake, withdraw the relevant decision and stop interfering […]

UK FTSE 100 (.FTSE) breaks lower from rising wedge formation

UK FTSE 100 (.FTSE) breaks lower from rising wedge formation

UK FTSE 100 (.FTSE) breaks lower from rising wedge formation The FTSE 100 slumped lower yesterday, with the index falling sharply from a rising wedge formation. This is in line with the wider bearish trend in play since late July. We have seen the price attempt to regain ground overnight, yet that is likely to be a […]

New Zealand Dollar: NZD/USD (NZD=X) One Small Step Away From a Major Buy Signal

New Zealand Dollar: NZD/USD (NZD=X) One Small Step Away From a Major Buy Signal

New Zealand Dollar: NZD/USD (NZD=X) One Small Step Away From a Major Buy Signal There is no trading signal here yet, but once it will be triggered, we should receive a sweet long-term deal, with a target of hundreds of pips. This setup is present on the NZDUSD and for a legitimate signal we just need several […]

Shanghai: SSE Composite Index (.SSEC) stocks close higher as banks, real estate stocks rally

Shanghai: SSE Composite Index (.SSEC) stocks close higher as banks, real estate stocks rally

Shanghai: SSE Composite Index (.SSEC) stocks close higher as banks, real estate stocks rally China stocks erased losses to end higher on Wednesday, as banks and real estate firms jumped, while investors were cautious ahead of important trade talks between the U.S. and China. The blue-chip CSI300 index rose 0.1% to 3,843.24, while the Shanghai […]

Ethereum: USD/ETH (ETH=) Price Climb Slows as it Stabilizes Around $180

Ethereum: USD/ETH (ETH=) Price Climb Slows as it Stabilizes Around $180

Ethereum: USD/ETH (ETH=) Price Climb Slows as it Stabilizes Around $180 At the time of writing, Ethereum is trading up marginally at its current price of $179.50, and it is currently sitting slightly below its daily highs of $184 that were set at the peak of the market’s upwards surge that occurred yesterday. It is important to note that […]

Amazon.com, Inc. (NASDAQ:AMZN) promoted a business that surpassed $10 billion in annual revenue last year

Amazon.com, Inc. (NASDAQ:AMZN) promoted a business that surpassed $10 billion in annual revenue last year

Amazon.com, Inc. (NASDAQ:AMZN) promoted a business that surpassed $10 billion in annual revenue last year Amazon’s advertising business, once a niche part of the company’s sprawling empire, is now big enough to merit its own conference. Last week in Seattle, Amazon attracted roughly 400 people to “AdCon 2019,” CNBC has learned. The inaugural two-day event […]

Netflix, Inc. (NASDAQ:NFLX) plans to announce September-quarter results after the market close on Oct. 16

Netflix, Inc. (NASDAQ:NFLX) plans to announce September-quarter results after the market close on Oct. 16

Netflix, Inc. (NASDAQ:NFLX) plans to announce September-quarter results after the market close on Oct. 16 Even if Netflix (NFLX) beats Wall Street’s targets next week with its third-quarter report, it may not be enough to satisfy skeptical investors. The big test for Netflix stock will come later this quarter as rivals Apple (AAPL) and Walt Disney (DIS) enter the internet television […]

Facebook, Inc. (NASDAQ:FB) looks like an attractive proposition over the long term

Facebook, Inc. (NASDAQ:FB) looks like an attractive proposition over the long term

Facebook, Inc. (NASDAQ:FB) looks like an attractive proposition over the long term Investing in high-quality businesses trading at attractive valuation levels can lead to superior returns over the long term. However, finding these kinds of opportunities is much easier said than done. More importantly, when a good business is trading at a discounted valuation, this […]

Bitcoin: USD/BTC (BTC=X) Resistance at $8,300

Bitcoin: USD/BTC (BTC=X) Resistance at $8,300

Bitcoin: USD/BTC (BTC=X) Resistance at $8,300 After incurring a noteworthy rally yesterday that sent Bitcoin’s price surging towards the mid-$8,000 region after a brief visit to $7,800, BTC’s upwards momentum has once again faltered, with the crypto once again nearing its previously established support level at $8,200. Analysts are now noting that the price level […]

United States Oil (USO) slipped as tensions escalated between the United States and China

United States Oil (USO) slipped as tensions escalated between the United States and China

United States Oil (USO) slipped as tensions escalated between the United States and China Oil prices slipped for a third consecutive session on Wednesday as tensions escalated between the United States and China prior to this week’s trade talks, raising uncertainties for global economic growth and oil demand. U.S. industry data showing a bigger-than-expected rise […]

Alibaba Group Holding Limited (NYSE:BABA) pulls Houston Rockets merchandise as NBA goes into damage control mode in China

Alibaba Group Holding Limited (NYSE:BABA) pulls Houston Rockets merchandise as NBA goes into damage control mode in China

Alibaba Group Holding Limited (NYSE:BABA) pulls Houston Rockets merchandise as NBA goes into damage control mode in China The relationship between the U.S. and China has played a large role in the stock market this year. As the trade war between the two countries intensifies and then appears to cool, many stocks have been been impacted. Sometimes […]

Dow Jones Industrial Average (.DJI) traders worry about trade tensions between the United States and China weighed on the market

Dow Jones Industrial Average (.DJI) traders worry about trade tensions between the United States and China weighed on the market

Dow Jones Industrial Average (.DJI) traders worry about trade tensions between the United States and China weighed on the market The Dow and broader stock market fell Tuesday as worries about trade tensions between the United States and China weighed on the market. American and Chinese officials are returning to the negotiating table this week […]

NASDAQ Composite (.IXIC) tumbled as optimism faded over the outcome of trade talks

NASDAQ Composite (.IXIC) tumbled as optimism faded over the outcome of trade talks

NASDAQ Composite (.IXIC) tumbled as optimism faded over the outcome of trade talks U.S. stocks tumbled on Tuesday as optimism faded over the outcome of trade talks after a report the Trump administration was moving ahead with efforts to limit capital flows to China and the inclusion of Chinese firms to a blacklist. The declines […]

Apple Inc. (NASDAQ:AAPL) is finally showing users how often apps have been following them

Apple Inc. (NASDAQ:AAPL) is finally showing users how often apps have been following them

Apple Inc. (NASDAQ:AAPL) is finally showing users how often apps have been following them In iOS 13, the big new software update for the iPhone that launched last month, Apple is finally showing users how often apps have been following them. You may not have known that applications like Google Maps or Uber have been […]

Tesla, Inc. (NASDAQ:TSLA) Musk tweets have suggested strained relations with cell maker

Tesla, Inc. (NASDAQ:TSLA) Musk tweets have suggested strained relations with cell maker

Tesla, Inc. (NASDAQ:TSLA) Musk tweets have suggested strained relations with cell maker Last year, Elon Musk puffed a marijuana blunt during a live-video interview in California. Halfway around the world, executives at Japan’s Panasonic Corp. PCRFY -1.27% , Tesla Inc. TSLA 0.98% ’s automotive battery supplier, watched with alarm. “What will our investors think?” one […]

DAX PERFORMANCE-INDEX (.GDAXI) gradually on the rise

DAX PERFORMANCE-INDEX (.GDAXI) gradually on the rise

DAX PERFORMANCE-INDEX (.GDAXI) gradually on the rise The DAX also fell sharply last week, with the index gradually regaining ground since. The ability to continue forming higher lows is key here, with the improved German industrial production figure helping to push the index into a fleeting new high for the week. Ultimately, this rally does look like […]

New Zealand Dollar: NZD/USD (NZD=X) lowest level in a decade

New Zealand Dollar: NZD/USD (NZD=X) lowest level in a decade

New Zealand Dollar: NZD/USD (NZD=X) lowest level in a decade From the daily chart, we notice on Oct 1 NZD/USD declined to its lowest level in a decade. However, the price remained in the current trading zone 0.6236- 0.6438 indicating to seller’s hesitation to keep pressing the price at this stage. Additionally, we notice a […]

Hong Kong: HANG SENG INDEX (.HSI) amid hopes that progress can be made at U.S.-China trade talks later this week

Hong Kong: HANG SENG INDEX (.HSI) amid hopes that progress can be made at U.S.-China trade talks later this week

Hong Kong: HANG SENG INDEX (.HSI) amid hopes that progress can be made at U.S.-China trade talks later this week Asian markets gained in early trading Tuesday amid hopes that progress can be made at U.S.-China trade talks later this week. China confirmed that its top trade negotiator, Vice Premier Liu He, would lead its […]

Gold 1 OZ (XAU=X) traders and investors worldwide are in a bit of a risk-averse mood

Gold 1 OZ (XAU=X) traders and investors worldwide are in a bit of a risk-averse mood

Gold 1 OZ (XAU=X) traders and investors worldwide are in a bit of a risk-averse mood Gold and silver prices are firmer in early U.S. trading Tuesday. There are several geopolitical matters at work that have traders and investors worldwide in a bit of a risk-averse mood. December gold futures were last up $4.30 an ounce at 1,508.70. […]

Canadian Dollar: USD/CAD (CAD=X) Yawns on Mixed Construction Numbers

Canadian Dollar: USD/CAD (CAD=X) Yawns on Mixed Construction Numbers

Canadian Dollar: USD/CAD (CAD=X) Yawns on Mixed Construction Numbers Canada released mixed construction numbers on Tuesday. Housing starts fell to 221 thousand in September, down from 227 thousand a month earlier. There was more positive news from building permits, which jumped 6.1% in August, crushing the estimate of 2.3%. The Canadian dollar showed little reaction […]

Singapore: STI Index (.STI) mostly higher despite worrying signs that this week’s trade negotiations

Singapore: STI Index (.STI) mostly higher despite worrying signs that this week’s trade negotiations

Singapore: STI Index (.STI) mostly higher despite worrying signs that this week’s trade negotiations In contrast with Wall Street, Asian equities were mostly higher despite worrying signs that this week’s trade negotiations between the US and China have hit some pre-talk speed bumps.  Singapore’s Straits Times Index (STI) closed at 3,110.85, adding 11.37 points or 0.4 […]

Australian Dollar: USD/AUD (AUD=X) stand to come under pressure if market sentiment falters in response to US-China trade talks

Australian Dollar: USD/AUD (AUD=X) stand to come under pressure if market sentiment falters in response to US-China trade talks

Australian Dollar: USD/AUD (AUD=X) stand to come under pressure if market sentiment falters in response to US-China trade talks US-China trade relations have been at a standstill since mid-September when it seemed Sino-American tensions were thawing amid “gestures of good will” from both parties. With a lack of adverse updates on the trade war between Washington and […]

Bitcoin: USD/BTC (BTC=X) could test key resistance above $8,500 in the next day or two

Bitcoin: USD/BTC (BTC=X)  could test key resistance above $8,500 in the next day or two

Bitcoin: USD/BTC (BTC=X) could test key resistance above $8,500 in the next day or two Bitcoin (BTC) logged the biggest single-day price gain in five weeks on Monday, opening doors for a stronger recovery rally to key resistance above $8,500. The top cryptocurrency by market value bounced up from a historically strong 100-week MA support […]

Silver 1 OZ 999 NY (XAG=X) gain amid nervous marketplace

Silver 1 OZ 999 NY (XAG=X) gain amid nervous marketplace

Silver 1 OZ 999 NY (XAG=X) gain amid nervous marketplace Gold and silver prices are firmer in midday U.S. trading Tuesday. There are several geopolitical matters at work that have traders and investors worldwide in a bit of a risk-averse mood. December gold futures were last up $2.70 an ounce at 1,507.20. December Comex silver prices were last […]

British Pound: USD/GBP (GBP=X) Merkel-Johnson phone call leaves talks teetering on failure

British Pound: USD/GBP (GBP=X) Merkel-Johnson phone call leaves talks teetering on failure

British Pound: USD/GBP (GBP=X) Merkel-Johnson phone call leaves talks teetering on failure Pound Sterling has suffered a sharp bout of volatility amidst reports that talks between the EU and UK have effectively been killed off by Germany’s Angela Merkel. However, we caution that it is too early to write Sterling off as the two sides […]

Australia: S&P/ASX 200 (.AXJO) waiting to see what will come out of two days of trade talks

Australia: S&P/ASX 200 (.AXJO) waiting to see what will come out of two days of trade talks

Australia: S&P/ASX 200 (.AXJO) waiting to see what will come out of two days of trade talks The Australian sharemarket has closed higher for a third day ahead of another round of US-China trade talks. The S&P/ASX 200 index finished Tuesday up 29.8 points to 6593.4, while the all ordinaries was up 27 points to […]

Euro: USD/EUR (EUR=X) very likely that the pair is going to continue to drift lower

Euro: USD/EUR (EUR=X) very likely that the pair is going to continue to drift lower

Euro: USD/EUR (EUR=X) very likely that the pair is going to continue to drift lower The Euro continues to find the 1.10 level very resistive on an almost daily basis, as we had seen a lot of selling pressure just above there, and now are forming the fourth candlestick in a row that has a long […]

Japanese Yen: USD/JPY (JPY=X) supported early by a strong performance in the Asia Pacific markets

Japanese Yen: USD/JPY (JPY=X) supported early by a strong performance in the Asia Pacific markets

Japanese Yen: USD/JPY (JPY=X) supported early by a strong performance in the Asia Pacific markets The Dollar/Yen is inching lower on Tuesday after giving back earlier gains. The Forex pair was supported early by a strong performance in the Asia Pacific markets, but turned lower along with demand for higher-yielding assets in Europe and the […]

Shanghai: SSE Composite Index (.SSEC) rose as investors returned from a week-long holiday

Shanghai: SSE Composite Index (.SSEC) rose as investors returned from a week-long holiday

Shanghai: SSE Composite Index (.SSEC) rose as investors returned from a week-long holiday Asian stocks moved higher on Tuesday ahead of the latest round of US-China trade talks later this week. Chinese stocks rose as investors returned from a week-long holiday. The Shanghai Composite Index (SHCOMP) added 0.7%. Hong Kong’s Hang Seng Index (HSI) rose […]

Does a US employer have the right to sack a worker because they are gay or transgender?

Does a US employer have the right to sack a worker because they are gay or transgender?

Does a US employer have the right to sack a worker because they are gay or transgender? That question, which has caused deep divisions within US society, will go before the Supreme Court on Tuesday at a time when the political scene has already reached fever pitch over efforts to impeach President Donald Trump. The […]

China Vs NBA

China Vs NBA

The National Basketball Association won’t gag its personnel or apologise over a team executive’s tweet that ignited a firestorm in China, commissioner Adam Silver insisted Tuesday, standing firm despite a growing backlash that imperils the league’s lucrative Chinese following. The tweet last Friday by Houston Rockets General Manager Daryl Morey supporting pro-democracy protests in Hong […]

Bitcoin: USD/BTC (BTC=X) bounce would weaken if prices find acceptance below the support level, currently at $7,753

Bitcoin: USD/BTC (BTC=X) bounce would weaken if prices find acceptance below the support level, currently at $7,753

Bitcoin: USD/BTC (BTC=X) bounce would weaken if prices find acceptance below the support level, currently at $7,753 Bitcoin (BTC) has again defended historically strong price support near $7,700, keeping the hopes of a corrective rally alive. The top cryptocurrency faced selling pressure and fell below $8,000 over the weekend, contradicting the possibility of a recovery […]

Netflix, Inc. (NASDAQ:NFLX) stock battered as investors await a flood of new competitors

Netflix, Inc. (NASDAQ:NFLX) stock battered as investors await a flood of new competitors

Netflix, Inc. (NASDAQ:NFLX) stock battered as investors await a flood of new competitors The competitive landscape has weighed heavily on the minds of Netflix Inc. investors. In slashing his price target on Netflix NFLX, +0.61% shares to $300 from $380, Evercore ISI analyst Vijay Jayant on Monday said investors are jittery about Netflix’s business model […]

Amazon.com, Inc. (NASDAQ:AMZN) could turn into a technical treat for bears in the coming weeks

Amazon.com, Inc. (NASDAQ:AMZN) could turn into a technical treat for bears in the coming weeks

Amazon.com, Inc. (NASDAQ:AMZN) could turn into a technical treat for bears in the coming weeks A recent wake-up call, market seasonality, and lagging share price for Amazon (NASDAQ:AMZN) could turn into a technical treat for bears in the coming weeks. But with no guarantees of repeat performances, grizzly AMZN stock investors looking for more of the same […]

United States Oil (USO) erases earlier gains, to finish lower as demand worries prevail

United States Oil (USO) erases earlier gains, to finish lower as demand worries prevail

United States Oil (USO) erases earlier gains, to finish lower as demand worries prevail Oil futures give up earlier gains on Monday to finish with a modest losses, pressured by prevailing worries over energy demand ahead of U.S.-China trade talks later this week, despite a monthly drop in OPEC output. Traders are gearing up for […]

Tesla, Inc. (NASDAQ:TSLA) has reportedly acquired Hibar Systems

Tesla, Inc. (NASDAQ:TSLA) has reportedly acquired Hibar Systems

Tesla, Inc. (NASDAQ:TSLA) has reportedly acquired Hibar Systems Tesla has quietly acquired Hibar Systems, a company that specializes in high-speed battery manufacturing systems for electric vehicles, according to Canadian news site Electric Autonomy. It’s unclear when the deal took place, but Tesla lists Hibar as a subsidiary in an Oct. 2 filing with the Canadian […]

General Electric Company (NYSE:GE) furloughs more workers as union strike enters fourth week

General Electric Company (NYSE:GE) furloughs more workers as union strike enters fourth week

General Electric Company (NYSE:GE) furloughs more workers as union strike enters fourth week The United Auto Workers’ strike against General Motors, now in its fourth week, is continuing to hit the automaker’s operations outside of the U.S. The company halted production of a V-8 engine and transmission at its engine plant in Ramos Arizpe, Coahuila, […]

Facebook, Inc. (NASDAQ:FB) Libra Project in Question After PayPal (PYPL) Withdraws

Facebook, Inc. (NASDAQ:FB) Libra Project in Question After PayPal (PYPL) Withdraws

Facebook, Inc. (NASDAQ:FB) Libra Project in Question After PayPal (PYPL) Withdraws The coalition Facebook FB formed to create its cryptocurrency project named Libra is starting to unravel. Back in June, Facebook announced that they would be playing their hand in the cryptocurrency field, stating that they would be working with financial services companies like Visa […]

Dow Jones Industrial Average (.DJI) Ignores Trump Tweetstorm, Begs for Trade War Progress

Dow Jones Industrial Average (.DJI) Ignores Trump Tweetstorm, Begs for Trade War Progress

Dow Jones Industrial Average (.DJI) Ignores Trump Tweetstorm, Begs for Trade War Progress Minutes before the closing bell, the Dow Jones Industrial Average had lost 41.73 points or 0.16%, dropping the index to 26,531.99. The DJIA had traded as high as 26,655.84 earlier in the session. Putting Trump’s Turkish comments in context, the president announced that the […]

Alphabet Inc. (NASDAQ:GOOG) will force OEMs to hide their custom gesture navigation systems in Android 10

Alphabet Inc. (NASDAQ:GOOG) will force OEMs to hide their custom gesture navigation systems in Android 10

Alphabet Inc. (NASDAQ:GOOG) will force OEMs to hide their custom gesture navigation systems in Android 10 Google has struggled to devise a new navigation system for Android over the last few releases. No one much liked the two-button design from Pie, and the new full-gesture setup in Android 10 has its critics, too. However, a leaked copy […]

Southwest pilots sue The Boeing Company (NYSE:BA) over 737 MAX

Southwest pilots sue The Boeing Company (NYSE:BA) over 737 MAX

Pilots from Texas-based Southwest Airlines said Monday they had filed a lawsuit against Boeing, accusing it of “deliberately misleading” them over the 737 MAX, which has been grounded after two deadly crashes. Nearly 350 people died in crashes in Indonesia in October 2018 and in Ethiopia in March this year. “We have to be able […]

NASDAQ Composite (.IXIC) May Give Back Ground Amid Uncertainty About Trade Talks

NASDAQ Composite (.IXIC) May Give Back Ground Amid Uncertainty About Trade Talks

NASDAQ Composite (.IXIC) May Give Back Ground Amid Uncertainty About Trade Talks Stocks are likely to move to the downside in early trading on Monday, giving back ground following the rally seen last Friday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 52 […]

Ethereum: USD/ETH (ETH=) within range of the first major resistance level at $185.64

Ethereum: USD/ETH (ETH=) within range of the first major resistance level at $185.64

Ethereum: USD/ETH (ETH=) within range of the first major resistance level at $185.64 Ethereum rallied by 5.92% on Monday. Reversing a 3.7% slide from Sunday, Ethereum ended the day at $180.26. A bearish start to the day saw Ethereum fall to an early morning intraday low $168.61 before making a move. Steering clear of the […]

UK FTSE 100 (.FTSE) holds firm after defending 7000

UK FTSE 100 (.FTSE) holds firm after defending 7000

UK FTSE 100 (.FTSE) holds firm after defending 7000 The FTSE 100 continued to rally on Friday, building on Thursday’s recovery from 7000. If this marks a low, then intraday dips should continue to find buyers with an initial target of 7200 and then 7300. The bullish view remains in place unless the price drops back below […]

New Zealand Dollar: NZD/USD (NZD=X) statement from the RBNZ was rather more upbeat than the markets were expecting

New Zealand Dollar: NZD/USD (NZD=X)  statement from the RBNZ was rather more upbeat than the markets were expecting

New Zealand Dollar: NZD/USD (NZD=X) statement from the RBNZ was rather more upbeat than the markets were expecting Nearly two weeks ago, the Reserve Bank of New Zealand (RBNZ) left the Official Cash Rate unchanged at 1%, but said there is still scope for further stimulus if necessary. The RBNZ said that new information it […]

Japanese Yen: USD/JPY (JPY=X) Trump could trigger a break

Japanese Yen: USD/JPY (JPY=X) Trump could trigger a break

Japanese Yen: USD/JPY (JPY=X) Trump could trigger a break The Dollar/Yen is trading lower on Monday as renewed concerns over U.S.-China trade relations encouraged investors to seek shelter in the safe-haven Japanese Yen. Last week, the Forex pair was pressured by a series of weaker-than-expected U.S. economic report that dramatically increased the chances of a […]

Australia: S&P/ASX 200 (.AXJO) tech sector leads to rise

Australia: S&P/ASX 200 (.AXJO) tech sector leads to rise

Australia: S&P/ASX 200 (.AXJO) tech sector leads to rise The Australian share market has posted gains across the board after jobs figures from the US reassured traders that the world’s largest economy wasn’t on the brink of recession after all. The benchmark S&P/ASX200 index closed Monday up 46.5 points, or 0.71 per cent, to 6,563.6 […]

British Pound: USD/GBP (GBP=X) continues to consolidate

British Pound: USD/GBP (GBP=X) continues to consolidate

British Pound: USD/GBP (GBP=X) continues to consolidate The British pound went back and forth during the trading session on Monday, as we continue to dance around in the same consolidation area that we have been in for a couple of weeks. At this point, it’s very likely that the market will be difficult to deal […]

Hong Kong: HANG SENG INDEX (.HSI) investors await a fresh round of U.S.-China trade negotiations

Hong Kong: HANG SENG INDEX (.HSI) investors await a fresh round of U.S.-China trade negotiations

Hong Kong: HANG SENG INDEX (.HSI) investors await a fresh round of U.S.-China trade negotiations Asia markets were mixed on Monday as investors awaited a fresh round of U.S.-China trade negotiations expected to begin later this week. Japan’s Nikkei 225 closed 0.16% lower at 21,375.25. Shares of index heavyweight Fast Retailing, the company behind the […]

Singapore: STI Index (.STI) positive start but worries remain over the global growth outlook

Singapore: STI Index (.STI) positive start but worries remain over the global growth outlook

Singapore: STI Index (.STI) positive start but worries remain over the global growth outlook Singapore equities took their cue from last Friday’s encouraging performance on Wall Street to get the week off to a positive start but worries remain over the global growth outlook as well as US-China trade tensions in the lead-up to this […]

Gold 1 OZ (XAU=X) Bouncing, Not a Bottom

Gold 1 OZ (XAU=X) Bouncing, Not a Bottom

Gold 1 OZ (XAU=X) Bouncing, Not a Bottom The breakdown of the head and shoulder pattern was interrupted Tuesday when ISM manufacturing struck a 10-year low. Gold reversed immediately and the stock market plunged. Futures are back above $1500, but the technicals and Commitment of Traders (COT) suggest the yellow metal is yet to make an intermediate low. GOLD […]

Weak Construction Report Weighing on Australian Dollar: USD/AUD (AUD=X)

Weak Construction Report Weighing on Australian Dollar: USD/AUD (AUD=X)

Weak Construction Report Weighing on Australian Dollar: USD/AUD (AUD=X) The week has started on a down note, as Australia’s AIG Construction Index dropped to 42.6 in September, down from 44.6 a month earlier. The index has been mired in contraction territory (below the 50-level) for 13 successive months, as the construction sector continues to struggle. […]

Canadian Dollar: USD/CAD (CAD=X) Rally Stalls at Resistance

Canadian Dollar: USD/CAD (CAD=X) Rally Stalls at Resistance

Canadian Dollar: USD/CAD (CAD=X) Rally Stalls at Resistance Technical Outlook: In my previous Canadian Dollar Price Outlook we highlighted a key near-term resistance zone at 1.3284/88 while noting, “Expect acceleration IF price can break higher here with such a scenario exposing longer-term downtrend resistance near 1.3355.” A topside breach last week saw price register a […]

Silver 1 OZ 999 NY (XAG=X) markets continue to find support

Silver 1 OZ 999 NY (XAG=X) markets continue to find support

Silver 1 OZ 999 NY (XAG=X) markets continue to find support Silver markets fell slightly during the trading session on Monday, as we continue to see a lot of noise around the 50 day EMA which is currently sitting at the $17.46 level. There is a lot of noise in the area of the $17.50 level […]

Bitcoin: USD/BTC (BTC=X) Price Aims $9K Target In the Mid Term

Bitcoin: USD/BTC (BTC=X) Price Aims $9K Target In the Mid Term

Bitcoin: USD/BTC (BTC=X) Price Aims $9K Target In the Mid Term Bitcoin is not giving up and is aiming to reach the new heights to escape the downtrend. When to expect BTC overcoming the $9 target? Traders are sure we need to wait some time – this price is a mid-term target. Over the past days, the […]