British Pound: USD/GBP (GBP=X) tipped to rise as uptrend extends The Pound-to-Dollar rate is to begin trading around 1.3285 Sunday after rising more than 2.0% in the previous week, although the exchange rate still has further to climb over the coming days, according to technical studies of charts. The pair rose after the UK Parliament […]
Japanese Yen: USD/JPY (JPY=X) moving towards the top of the bullish channel The USD/JPY bullish break could see price move towards the top of the bullish channel and the Fibonacci targets of wave 5 vs 1+3. This breakout could be part of an impulsive third wave (purple) whereas a bearish breakout could indicate a pauze […]
Euro: USD/EUR (EUR=X) investors are focused on macro data updates for short term profit opportunities Since trading session opened for the week in Pacific-Asian market hours, the pair has managed to hold on to steady upside price action and moved well near last week’s highs as the spread difference between 2-year US-Germany government bond yields […]
$USD White House economic adviser Larry Kudlow rejects criticism that the US economy is only growing because of a “sugar high” from The Trump Administration’s tax reform. He predicted that President Trump’s “pro-growth policies on taxes and regulation” will continue to stoke growth far into the future. Some economists contended that the economy is losing […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Last week was a Wall Street market winner, and is technically Bullish overall. Good moves seen on the week with the FANGs coming back into the action after a week or so pause. That augurs well from an Northside outlook. After some more Northside, if we see some profit […]
$AMZN, $T, $BCML, $BWTX, $CISN, $RIII, $ULTA 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 Key issues for Monday as follows: Amazon.com Inc. (NASDAQ:AMZN) was raised to […]
Facebook, Inc. (NASDAQ:FB) a modest earnings multiple creates an attractive risk-reward skew for investors Facebook (NASDAQ:FB) has become one of the world’s most-criticized companies and one of the most controversial stocks on Wall Street over the past year. Yet despite the negative headlines and commentary, FB stock has been extremely resilient. The Facebook bear case is all about […]
Dow Jones Industrial Average (.DJI) edge higher after Asia gains Global stocks advanced to kick off a week filled with potentially significant catalysts from central bank meetings, geopolitical developments and economic data. Treasuries edged lower. The Stoxx Europe 600 climbed, led higher by miners and lenders as Deutsche Bank AG and Commerzbank AG jumped after […]
Bitcoin: USD/BTC (BTC=X) price climbed higher towards the $4,040 level before correcting lower against the US Dollar In the weekly analysis, we saw a nice upward move above $4,000 in bitcoin price against the US Dollar. The BTC/USD pair even broke the $4,020 level and traded towards the $4,040 level. A high was formed at $4,041 […]
United States Oil (USO) price gains have been limited by concerns that an economic slowdown US crude futures briefly hit a 2019 high on Friday but retreated along with benchmark Brent oil as worries about the global economy and robust US production put a brake on prices. West Texas Intermediate (WTI) crude oil futures were […]
Tesla, Inc. (NASDAQ:TSLA) Model Y unveiling by CEO Elon Musk failed to wow Wall Street The Tesla Model Y unveiling by CEO Elon Musk failed to wow Wall Street, with Tesla tumbling in Friday’s stock market. But setting aside the Model Y and all the drama surrounding the luxury electric vehicle maker, Tesla stock has […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Off, USD Off, Crude Oil Off, Stocks Up Notes: Data Friday showed US manufacturing output fell for a 2nd month running in February and factory activity in New York state hit near a 2 low this month, further evidence of a sharp slowdown in economic growth early in Q-1. In Asia Gold: Spot […]
$NDAQ, $BRK.A, $BRK.B, $CIIT, $YBAO FLASH: Think Big with Small Cap Stocks! We here at HeffX-LTN often feature small-cap and low price stocks, when we do we fully evaluate risk/reward and have done a full due diligence review. Currently we are focused on small-cap and low priced stocks under $5/share that trade on the OTC […]
British Pound: USD/GBP (GBP=X) promises to be a busy week GBP/USD posted huge gains last week, climbing 2.2 percent. It promises to be a busy week. The U.K. releases CPI and retail sales, and parliament will hold another vote over Brexit. Central banks will also be in focus, with the BoE and Federal Reserve expected […]
Canadian Dollar: USD/CAD (CAD=X) bias is neutral USD/CAD dropped to 1.3289 last week but drew support from 55 day EMA and recovered. Initial bias is neutral this week first. On the upside, break of 1.3371 minor resistance will suggest that pull back from 1.3467 has completed. That will also revive the bullish case that rise […]
Australian Dollar: USD/AUD (AUD=X) bias remains neutral this week AUD/USD stayed in consolidation above 0.7003 last week and outlook is unchanged. Initial bias remains neutral this week first. In case of another recovery, upside should be limited by 0.7121 minor resistance to bring fall resumption. On the downside, break of 0.7003 will resume the fall […]
Australia: S&P/ASX 200 (.AXJO) Employment conditions weakening But jobs growth appears to be swimming against the tide and forward looking indicators are sinking. Shayne Heffernan said “Australia is overtaxed, the minimum wage is too high and the social security problem is weighing on the taxpayer, Australia has seen the dollar at overly high levels for […]
Hong Kong: HANG SENG INDEX (.HSI) sentiment boosted by bullish global markets performances The market started on a bearish note last week after a two-week decline but rebounded to close marginally higher on bargain hunting. Shayne Heffernan said “don’t be too quick to write off China, the new reforms in Beijing should see a boost […]
Japanese Yen: USD/JPY (JPY=X) bias remains neutral this week for some more consolidation USD/JPY rebounded further last week but was held below 112.13 resistance. Initial bias remains neutral this week for some more consolidation. But still, as long as 110.35 support hold, near term outlook remains bullish. On the upside, break of 112.13 will resume […]
Euro: USD/EUR (EUR=X) upside should be limited below 1.1419 resistance EUR/USD’s rebound from 1.1176 continued last week despite lost of upside momentum. No change in the view that it’s a corrective move. Hence, in case of another rise, upside should be limited below 1.1419 resistance to bring down trend resumption. On the downside, below 1.1277 […]
$DIS $VIA, $CBS, $LGF, $FOX Captain Marvel stayed at #1 in its 2nd frame, earning another $69.3-M in North America and $119.7-M overseas for a worldwide box office take of $760.2-M. The 1st female-led superhero pic from Marvel Studios and Disney (NYSE:DIS) is assured of earning $1-B. In North America it declined 55%, males continued […]
$RACE FLASH: Ferrari’s Vettel, Leclerc, and MercedesAMG’s Hamilton off of the pace for the entire race Sunday. MercedesAMG team driver Valtteri Bottas, 29 anni, started behind Lewis Hamilton who took his 84th pole, but roared off the start to dominate the season-opening Australian Grand Prix in Melbourne. He raced past Mr. Hamilton on pole and […]
Winx, The Autumn Sun and Redzel add Shine to the Golden Slipper By Ray Hickson at RACINGNSW Sydney’s west has never seen a race day like this. Consider what’s on offer at Rosehill Gardens on Saturday – the world’s best racehorse and Australian racing icon Winx, the superstar three-year-old colt The Autumn Sun, dual winner […]
Keeneland has cataloged 72 juveniles for its 2019 April Two-Year-Olds in Training Sale, scheduled for 2 p.m. ET, Tuesday, April 9. The Two-Year-Olds in Training Sale catalog is available online by clicking here. Print catalogs will be mailed the week of March 18. This year’s April Sale also will offer a selection of horses of […]
Keeneland and TVG officials today introduced several new initiatives on the racing and sales fronts that further enhance the long partnership enjoyed by the race track and racing network. Beginning with the Thursday, April 4, opening day of the Spring Meet, TVG racing analysts Gabby Gaudet and Scott Hazelton will host “Today at Keeneland,” the […]
Lyndhurst Stud Farm based sire sensation Better Than Ready returned to the top of the Leading First Season Sire table on earnings when exceptional juvenile The Odyssey cruised to victory in Saturday’s $500,000 Aquis 2YO Jewel at the Gold Coast. The success of progeny from the first crop of Better Than Ready has been sensational […]
Santa Anita Park, Golden Gate Fields and the Thoroughbred Owners of California (TOC) today reached an historic agreement to protect the safety and welfare of horses and riders in the state. This collective mandate enacts the most stringent medication policy in North America. Belinda Stronach, President and Chairman of The Stronach Group (TSG), which owns […]
Code of Honor Breezes Five Furlongs for Florida Derby McGaughey Likes What He Sees in Fountain of Youth (G2) Winner Holy Bull (G2) Victor Harvey Wallbanger Breezes at Gulfstream Video Link: Harvey Wallbanger/Signalman Workout W.S. Farish’s Code of Honor pleased Hall of Fame trainer Shug McGaughey Saturday morning while prepping for the $1 million Xpressbet.com […]
$RACE F1 fans can watch the 2019 Australian Grand Prix, the Formula 1 season-opener, live on ESPN this weekend. For those watching on the east coast of the United States, the F1 race at the Melbourne Grand Prix Circuit will get the green flag at 1:05a EDT Sunday. This year’s Australian Grand Prix, and the entire 2019 […]
FLASH: Hacking, “the beginning of a life of crime” Friday, Reuters reporter Joseph Menn revealed that Democratic Presidential candidate Robert ‘Beto’ O’Rourke belonged to 1 of the best-known groups of computer hackers as a teenager. Within minus, his special report was the most popular story on Reuters.com here and was picked up by other news […]
FLASH: The New York City’s St. Patrick’s Day Parade in New York 2019 But nothing could put a damper on the largest Irish-American Saturday, with tens of thousands of marchers following a painted green line up Fifth Avenue for the 6-hour parade. Though many people are worried about BREXIT as they are waiting for the […]
FLASH: French yellow vest protesters have clashed with riot police near the Arc de Triomphe on the 18th weekend running of demonstrations against President Emmanuel Macron. Protesters threw smoke bombs and other objects at officers, and started pounding on the windows of a police van. Riot police then retreated, as did a water cannon, with […]
Brenton Tarrant, the man who murdered 49 innocent people in Christchurch New Zealand was not a Right-Wing Conservative White Supremacists, he was in fact a Trump Hating Left Wing Fascist Pro-Union Environmentalist. That’s not an opinion it is the fact as stated in his rambling Manifesto, a document that shows he was poorly educated and […]
$RACE FLASH: Ferrari stood out as quickest in FP3 Saturday, stayed a bit off the pace in the Qualifying round. 4X world champion Ferrari’s Sebastian Vettel, racing for a 3rd successive win at Albert Park, was separated from his new team mate Charles Leclerc by 4th placed Max Verstappen of Red Bull Racing on the […]
For a small farm in Euroa Victoria it is amazing how many major race days feature Larneuk bred horses, considering the relatively few horses the farm produces. Larneuk in Sydney It was another big day of Racing in Australia with the running of the $600,000 Group 1 Coolmore Classic at Rosehill Gardens, one of the […]
$BA The airline pilot who successfully landed a passenger jet in the Hudson River 10 years ago is speaking out regarding what he saw was a dangerous lack of training for 1 of the pilots on the Ethiopian Airlines plane that crashed last weekend. Captain Chesley B. “Sully” Sullenberger, who retired in Y 2010 after […]
Flooding in the central USA Friday swamped small towns, forced some residents along waterways to evacuate, threatened to temporarily close a nuclear power plant and shut down stretches of a major river and an interstate highway, foreshadowing a difficult Spring flooding season. The high water, prompted by a massive late-Winter storm, pushed some waterways to […]
$RACE FLASH: This new F1 season is upon us, with this weekend’s Australian Grand Prix kicking off 2019, and Ferrari is the Team to focus on as I see it. Former F1 driver Martin Brundle turned F1 media pundit, believes “things were not right” at Ferrari last season, and that the Maranello Outfit got it […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: President Trump said the US will probably know, 1 way or another, in “the next 3 or 4 weeks” about a possible trade deal with China, as S&P 500 marked a fresh closing high Friday. “If that gets done, it will be something that people will be talking about […]
The number of wealthy households in the US reached a new high last year, as more than 10.2-M households had a net worth of $1 to 5-M, not including the value of their primary residence, according to a survey by the Spectrem Group. That’s up 2.5% from Y 2017. Even as the ranks of the […]
FLASH: The Fed could announce plans to stop shrinking its bond stockpile as early as next week and as late as June. The FOMC meets on 19-20 March and is expected to again signal its intention to be patient before deciding whether to hike interest rates again. The Fed has been reducing the size of […]
The growing mystery of where China’s rapid slowdown is headed may become the biggest risk on the horizon. The world economy. Recession Watch: The global economy’s in its weakest shape since the financial crisis 10 years ago. China got more affirming evidence of its Big slowdown, with industrial output and retail sales softening and a […]
FLASH: US consumer sentiment rose by more than expected as optimism picked up for incomes and the economy, suggesting support for growth in coming months. The University of Michigan’s (MSI) preliminary March sentiment index advanced to 97.8, the highest this year, compared with the median forecast of 95.6 in a Bloomberg survey of economists, according to […]
The Department of International Trade Promotion (DITP), Ministry of Commerce, Royal Thai Government will host Thai Night at the Grand Hyatt, Hong Kong, on the evening of the 20th March, 2019. Her Royal Highness Princess Ubolratana Rajakanya Sirivadhana Barnavadi will preside over Thai Night: ‘Thailand – Where Films Come Alive’, which this year celebrates the […]
A terrorist attack in New Zealand’s Christchurch has left 49 people dead and at least 48 wounded. The attacks occurred at two locations: Al Noor Mosque and Linwood Mosque, which are approximately three miles apart. According to Prime Minister Jacinda Ardern, 41 people have been killed at Al Noor and another 7 perished at Linwood […]
Production cutbacks by OPEC nations are building a supply cushion that could be called upon to mitigate a possible supply shock from an abrupt drop in crisis-hit Venezuela’s output, the IEA said Friday. With a nationwide blackout that paralysed the country for one week, demonstrating the unreliability of the country’s electricity network, new questions are […]
Inbit Corp OTC:INBT is preparing one of its hottest brands to launch on a Global level, Royal Ellamae is a brand of luxury Birds Nest based skincare products. Bird’s Nest is reputed to maintain youthfulness and enhance the complexion. From a biological standpoint, Bird’s Nest contains proteins, amino acids and minerals that are essential for […]
Dollar General Corporation (NYSE:DG) Earnings Fall Short Dollar General (DG) reported weaker-than-expected earnings for the fourth quarter though revenue and same-store sales topped views. Dollar General earnings guidance also was light. Dollar General stock tumbled below a buy point. Shayne Heffernan said “you know things are good when bottom end retailers are suffering” Dollar General Earnings […]
Facebook, Inc. (NASDAQ:FB) stock fell following an announcement that two executives were leaving the company In a post on Facebook, Chief Executive Mark Zuckerberg announced that the company’s Chief Product Officer, Chris Cox, has resigned. Zuckerberg also announced that Chris Daniels, vice president of the Facebook messaging app WhatsApp, is also leaving. Shayne Heffernan said ” the […]
Apple Inc. (NASDAQ:AAPL) firm says the iPhone business remains a strong driver for the stock Add Cowen to a list of Apple bulls as analysts there see the steady iPhone business driving the stock another 20 percent higher. Cowen initiated coverage on Apple with an outperform rating and $220 12-month price target. The firm said the iPhone […]
Federal National Mortgage Association (OTC:FNMA) Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 3.30. The projected lower bound is: 2.27. The projected closing price is: 2.78. Candlesticks A white body occurred (because prices closed higher than they opened). During the past […]
United States Oil (USO) recent data revealed a weekly decline in domestic supplies Oil futures split ways on Thursday, with U.S. prices up a fourth straight session after recent data revealed a weekly decline in domestic supplies, but global prices ending lower in the wake of a reported delay in the U.S.-China trade discussions and […]
The Boeing Company (NYSE:BA) paused delivery of 737 Max airplanes Boeing has paused delivery of 737 Max airplanes due to the temporary grounding by the Federal Aviation Administration, the company announced Thursday. “We continue to build 737 Max airplanes, while assessing how the situation, including potential capacity constraints, will impact our production system,” the company said. […]
Alphabet Inc. (NASDAQ:GOOG) aims to leverage its parent’s cloud-computing platform Chronicle — the security startup spawned by Google-owner Alphabet (GOOGL) — aims to leverage its parent’s cloud-computing platform. Customers can set up “private clouds” storing their security data. Like sibling Google, Chronicle will use artificial-intelligence tools to analyze huge amounts of data. Shayne Heffernan said “the next battle in the […]
Dow Jones Industrial Average (.DJI) holding close to break even Stocks ended mixed Thursday as the three major stock indexes reacted to reports on stalled trade talks with China. President Trump had said he was no rush to complete a trade pact with China, but on Thursday both he and Treasury Secretary Steven Mnuchin said that discussions […]
NASDAQ Composite (.IXIC) mixed as uncertainty over when a trade deal between the United States and China would be reached clouded sentiment U.S. stocks flitted between gains and losses on Thursday as uncertainty over when a trade deal between the United States and China would be reached clouded sentiment. Wall Street’s main indexes briefly moved […]
$AAPL, $TEAM, $GIS, $HLT, $MA, $MSFT, $NTRS, $CRM 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 Key issues for Friday as follows: Apple Inc. (NASDAQ:AAPL) was started with […]
LifeApps Brands Inc. (OTC:LFAP) Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 0.05. The projected upper bound is: 0.22. The projected lower bound is: 0.10. The projected closing price is: 0.16. Candlesticks A black body occurred […]
Tesla, Inc. (NASDAQ:TSLA) electric-car maker gets set to unveil its Model Y Tesla shares were up 1% Thursday as investors anticipated the rollout of the Model Y, a sports-utility-vehicle crossover which will share 75% of its parts with the Model 3.The unveiling event is set for 8 p.m. PT at the electric-car maker’s design center […]
Tianci International, Inc. (OTC:CIIT) Overall, the bias in prices is: Upwards. The projected upper bound is: 2.60. The projected lower bound is: 0.92. The projected closing price is: 1.31. Candlesticks During the past 10 bars, there have been 3 white candles and 4 black candles for a net of 1 black candles. During the past […]
Toga Limited (OTC:TOGL) Overall, the bias in prices is: Upwards By the way, prices are vulnerable to a correction towards 0.85. The projected upper bound is: 1.92. The projected lower bound is: 0.73. The projected closing price is: 0.82. Candlesticks A big black candle occurred. This is bearish, as prices closed significantly lower than they […]
NaturalShrimp Incorporated (OTC:SHMP) Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 1.53. The projected lower bound is: 0.15. The projected closing price is: 0.29. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, […]
YBCC, Inc. (OTC:YBAO) Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 1.42. The projected lower bound is: 0.15. The projected closing price is: 0.24. Candlesticks WARNING: These prices only contain closing prices. Thus, the candlestick analysis in this expert will be invalid (including the alerts, symbols, and this […]
Bitcoin: USD/BTC (BTC=X) lacking clear directional bias Bitcoin’s struggle for direction continues amid growing signs of a bull reversal in alternative cryptocurrencies. The leading cryptocurrency by market value is trapped in the range of $3,800 to $3,900 for a ninth straight day, contradicting the quick move toward the recent high of $4,190 suggested by the […]
Tattersalls Cheltenham Festival Sale recorded the best ever results on record producing a set of statistics unrivalled with any other edition. The aggregate resulted in £3,410,000 (+7%) the median finished on £150,000 (+2%) and the average concluded on £162,381 (+3%). The star of the show was Patrick Turley’s mare My Whirlwind. The four-year-old made a lasting […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Off, Crude Oil Firm, Stocks Up Notes: The Bank of Japan’s kept interest rates unchanged Chinese Vice Premier Liu He spoke by telephone with US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer, with the 2 sides making further substantive progress on trade talks, China’s official Xinhua news […]
Larneuk bred horses have a big weekend ahead, 4 city starters including a Group 1 contender. 2 horses Lady Solly (O’Lonhro) 4 starts, 1 – 2 – 1 $34,550 Moonlover (Ilovethiscity) 36 starts, 9 – 8 – 4 $429,880 and Mamzelle Tess (O’Lonhro) 33 starts, 6 – 4 – 10 $302,430 will be going around […]
$RACE FLASH: Seb has named his new Ferrari F1 car Lina ahead of the Y2019 season. Since making his debut in Y 2008, Vettel has given each of his F1 cars a girl’s name and, despite moving from Toro Rosso to Red Bull Racing to Ferrari, has continued the tradition. The name is usually decided […]
$DIA, $SPY, $QQQ, $RUTX, $VXX INDUSTRY WATCH Strong: Financials, Information Technology Weak: Materials, Communication Services, Industrials Highlights: Relative strength in the S&P 500 financial and information technology sectors Shares of Apple (NASDAQ:AAPL) continue to outperform following positive analyst coverage Facebook (NASDAQ:FB) is under criminal investigation for some of its data deals General Electric (NYSE:GE) issues FY 2019 earnings warning; CEO offers […]
British Pound: USD/GBP (GBP=X) Parliament asks government to rule out ‘no deal’ Brexit permanently UK lawmakers have voted to hypothetically take a ‘no deal’ Brexit off the table ‘for ever’ in a night of bruising losses for the government in the House of Commons that corresponded with another sharp rally in the value of the […]
Euro: USD/EUR (EUR=X) controlled by the Fibonacci level at 1.1327 Renewed concerns over Brexit are putting pressure on the Euro shortly after the U.S. opening. Earlier in the session, the single-currency hit its highest level since March 5, but there was no follow-through to the upside as traders began to square positions after the latest […]
Growth and interest rate differentials to weigh on Australian Dollar: USD/AUD (AUD=X) in time It has been an eventful month for the Australian economy, with GDP and other key data surprising to the downside, and interest rate expectations shifting. Regardless, at USD0.7094, the Australian dollar is unchanged from USD0.7093 when our February Market Outlook went […]
Hong Kong: HANG SENG INDEX (.HSI) China reported stronger-than-expected investment in its slowing economy Hong Kong stocks edged higher on Thursday after China reported stronger-than-expected investment in its slowing economy, but a weaker industrial output growth limited the gains. The Hang Seng index ended 0.2 percent higher at 28,851.39 points. The Hang Seng China Enterprises […]
New Zealand Dollar: NZD/USD (NZD=X) Tests Support The New Zealand Dollar has declined about 0.86% against the US Dollar during the last 24 hours. A breakout occurred through the lower boundary of a junior ascending channel pattern during Thursday’s trading session. Given that a breakout had occurred, it is likely that the currency exchange rate […]
Shanghai: SSE Composite Index (.SSEC) Trade uncertainty remains as Trump ‘in no rush’ for deal with China Shares in China ended lower for a second consecutive session on Thursday after data underscored concerns about slowing growth in the world’s second-largest economy, amid ongoing uncertainty over a deal to end the Sino-U.S. trade dispute. At the […]
Waiting game drives Singapore: STI Index (.STI) down Investors here and across the region went back into their shells yesterday after Tuesday’s gains to await some key data expected out of China today. The numbers from Beijing include industrial production, retail sales and foreign direct investment levels, which will all throw light on the state […]
Silver 1 OZ 999 NY (XAG=X) at the 50% Fibonacci retracement level Silver markets initially rallied during the trading session on Wednesday, showing signs of exhaustion. By forming a bit of a shooting star, that is a very negative sign for traders, and it’s likely that the $15.60 level is going to continue to cause a […]
Japanese Yen: USD/JPY (JPY=X) increased demand for risk The Dollar/Yen is trading higher on Thursday, reversing yesterday’s weakness. Increased demand for risk is helping to dampen the Japanese Yen’s appeal as a safe-haven asset and rising U.S. Treasury yields are making the U.S. Dollar a more attractive investment. The move are being fueled by positive […]
Australia: S&P/ASX 200 (.AXJO) unable to take a positive lead from Brexit developments, late rally Australian shares rallied late to end a four-day losing streak on Thursday as the market digested the latest Brexit vote results and Chinese economic data. The S&P/ASX 200 Index rose 18.4 points, or 0.3 per cent, to 6179.6 while the […]
FLASH: Talks of Summit flourish in Washington and Beijing President Trump and Treasury Secretary Steven Mnuchin said on Thursday that discussions with China to end a months-long trade dispute are progressing quickly. Washington and Beijing have been locked in a tariff battle as US officials press China for an end to practices and policies it […]
Sales of new US single-family homes fell in January, suggesting the housing market weakness persisted early in Q-1. The Commerce Department said on Thursday new home sales declined 6.9 percent to a seasonally adjusted annual rate of 607,000 units. December’s sales pace was revised higher to 652,000 units from the previously reported 621,000 units. Economists polled […]
The Godolphin Golden Slipper contingent that has grown steadily since last spring could be swelled yet again with a further four two-year-olds to present their credentials at Rosehill on Saturday, 16 March. The fillies Amercement, Athiri and Kiamichi run in Saturday’s G3 Magic Night Stakes, while Jetski runs in the colts division, the G3 Pago […]
The HKTDC Export Index 1Q19, for the first quarter of 2019, rebounded four points from the previous quarter to 39.2, indicating that confidence among exporters is growing across all sectors and markets. “Progress in the trade talks between Mainland China and the United States has led to an improved sentiment. However, it is still expected […]
The All-Star Mile will be run for the first time at Flemington racecourse on 16 March, 2019! It’s the only race in Australia where public votes shape the final field. Voting has now closed and the final field for the race has been announced. by Mike Hedge at Godolphin Perfect preparations and strong lead-up form […]
One of the most anticipated events in Sydney racing history starts at Rosehill Gardens this Saturday on Chandon S Ladies Day – day one of the 2019 Sydney Autumn Racing Carnival. It is the start of six weeks of world-class racing, fashion and entertainment at Rosehill Gardens and Royal Randwick – including the Longines Golden […]
• · DUBAI WORLD CUP: Dabster In, Gift Box Out • · DUBAI TURF: Almond Eye Sharpens Focus • · DUBAI GOLDEN SHAHEEN: Promises Fulfilled into the Fray • · AL QUOZ SPRINT: Brave Smash a Serious Player DABSTER IN, GIFT BOX OUT With shipping protocols and other such logistics coming into play, the world’s […]
A retired banking veteran, together with his associates, rank among the fortunate few who saw their collective portfolio increased to over US $20 million on Infireum (Buy Now on UDAX), a figure that many can only dream about and it does not look like it will stop growing. Cryptocurrency and blockchain technology has been getting […]
Geopolitics lifts Gold 1 OZ (XAU=X) prices Gold prices moved higher on Thursday pushing through resistance which is now support seen near the 50-day moving average at 1,303. Additional support is seen near the 10-day moving average at 1,295. Resistance is seen near a downward sloping trend line that connects the highs in April of […]
$CCL, $CQP, $CMG, $CVS, $FITB, $SAFM 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 Key issues for Thursday as follows: Carnival Corp. (NYSE:CCL) was raised to Buy from […]
Shayne Heffernan remains bullish on the outlook for China and Chinese Companies “Asia is going to be the centre of the Financial World for the next 100 years” China’s real estate investment increased 11.6 percent year on year in the first two months of this year, the National Bureau of Statistics said Thursday. The growth […]
Nick Leeson on Indicies Drift Asian markets are little changed overnight as Global equity indices look set to drift this morning. The FTSE is called two points higher whilst the DAX is currently forecasted to shed 6 points at the opening bell. The DOW closed higher yesterday even after the US Federal Aviation Authority followed […]
Tesla, Inc. (NASDAQ:TSLA) believes this new vehicle will sell in even higher volumes than the Model 3 Now that Tesla (NASDAQ:TSLA) is finally selling its Model 3 in mass-market volumes and at its long-awaited $35,000 starting price, the company is moving on to its next big product: its Model Y SUV. Tesla CEO Elon Musk said last week […]
The long-term case for BABA stock is becoming questionable as Alibaba Group Holding Limited (NYSE:BABA) Cloud faces challenges In the past few quarters, Alibaba (NYSE:BABA) has shown good growth numbers from its cloud segment. In the recent quarter, Alibaba reported $962 million of revenue in cloud computing with year-on-year growth of 84%. This is a highly […]
NASDAQ Composite (.IXIC) Tech Stocks Lead US Markets Higher US stocks rallied Wednesday, led by strength in the technology sector as the Nasdaq Composite Index outperformed the rest of the market’s major indexes. Boeing ( BA ) was little changed at midday as the aerospace giant tries to recover from the heavy losses from the previous two […]
Dow Jones Industrial Average (.DJI) Boeing Shows Resilience; Apple Looks To Extend Rally Boeing wrestled to a 0.8% advance, showing resilience as news reports suggested the fallout from Sunday’s Ethiopian Airways crash could affect Boeing’s order backlog. Similarities between the crash near Addis Ababa that killed 157 persons and Indonesia’s Lion Air crash in October have […]
Amazon.com, Inc. (NASDAQ:AMZN) expanding its digital advertising business and currently sits in third place in the U.S. Amazon AMZN shares have climbed roughly 13% to start the year, which tops the market’s comeback, but falls way behind fellow FAANG giants Facebook FB and Netflix NFLX . Therefore, Amazon stock still rests over 17% below its 52-week […]
United States Oil (USO) sanctions on Venezuelan petroleum products have cemented support for oil prices Brent crude oil prices on Thursday hit their highest so far this year, pushed up by ongoing supply cuts led by OPEC and by U.S. sanctions against Venezuela and Iran. Brent was still at $67.75 per barrel at 0244 GMT, […]
Technical Indicator Shows That Bitcoin: USD/BTC (BTC=X) Slight Upwards Momentum is Slowing Although Bitcoin has established some levels of stability around its current price of $3,900 for the past several weeks and volatility has been steadily decreasing, as a recent Bloomberg report points out, Bitcoin’s Moving Average Convergence Divergence indicator has been declining since mid-February, which may […]
Is The Boeing Company (NYSE:BA) Doomed or Will It Bounce Back? Prima facie Boeing is in deep trouble. But, let’s admit that even after this drubbing, Boeing’s share price is at $375.41 and remains the highest among the Dow components. Moreover, it’s likely to hover near that price since it’s too early to tell whether […]
Alphabet Inc. (NASDAQ:GOOG) newly unsealed court docs reveal Larry Page threatened to leave if the company didn’t find a way to keep him in control Google’s board of directors created a third class of stock in 2012 in part to placate cofounder Larry Page, who was worried about losing control of the company, Bloomberg reported […]