FTSE Bursa Malaysia KLCI (.KLSE) opens in the negative, tracking Wall Street’s Friday showing

FTSE Bursa Malaysia KLCI (.KLSE) opens in the negative, tracking Wall Street’s Friday showing

FTSE Bursa Malaysia KLCI (.KLSE) opens in the negative, tracking Wall Street’s Friday showing Bursa Malaysia opened lower today, tracking Wall Street’s subdued closing last Friday. Market breadth was negative with 124 decliners outpacing 108 gainers, while 193 counters unchanged, 1,422 untraded and 20 others suspended. Turnover stood at 127.58 million units worth RM46.71 million. […]

UK FTSE 100 (.FTSE) stocks weaken as Fed rate cut hopes fade

UK FTSE 100 (.FTSE) stocks weaken as Fed rate cut hopes fade

UK FTSE 100 (.FTSE) stocks weaken as Fed rate cut hopes fade London’s FTSE 100 ended in the red on Monday as markets remained subdued on dampened hopes of a hefty rate cut by the U.S. central bank, while tobacco stocks jumped on Imperial Brands’ buyback and dividend revision plans. UK blue-chip index edged 0.1% […]

Shanghai: SSE Composite Index (.SSEC) stocks fall as U.S. rate cut expectations ease

Shanghai: SSE Composite Index (.SSEC) stocks fall as U.S. rate cut expectations ease

Shanghai: SSE Composite Index (.SSEC) stocks fall as U.S. rate cut expectations ease Chinese stocks fell on Monday, with the benchmark Shanghai Composite index posting its biggest daily loss in more than two months, as investors scaled back expectations for sharp U.S. rate cuts and a slew of new listings this week weighed on tech […]

British Pound: USD/GBP (GBP=X) 1.25 level will attract a lot of attention

British Pound: USD/GBP (GBP=X) 1.25 level will attract a lot of attention

British Pound: USD/GBP (GBP=X) 1.25 level will attract a lot of attention The Euro went back and forth early on Monday, essentially deciding nothing. However, that is something worth paying attention to as we are hovering around the vital 1.25 level. This large, round, psychologically significant figure could be crucial in determining where we go next. […]

Hong Kong: HANG SENG INDEX (.HSI) lower after the U.S. jobs report showed the economy stateside adding 224,000 jobs in June

Hong Kong: HANG SENG INDEX (.HSI) lower after the U.S. jobs report showed the economy stateside adding 224,000 jobs in June

Hong Kong: HANG SENG INDEX (.HSI) lower after the U.S. jobs report showed the economy stateside adding 224,000 jobs in June Stocks in Asia were lower on Monday after a strong jobs report last Friday stateside moderated expectations that the U.S. Federal Reserve could soon be making a move on interest rates. In mainland China, […]

Australia: S&P/ASX 200 (.AXJO) fell after solid US data dampened expectations the Fed would cut rates

Australia: S&P/ASX 200 (.AXJO) fell after solid US data dampened expectations the Fed would cut rates

Australia: S&P/ASX 200 (.AXJO) fell after solid US data dampened expectations the Fed would cut rates Australian shares fell heavily on Monday after a solid US non-farm payrolls print dampened market expectations the Federal Reserve would cut rates more than twice this year. The S&P/ASX 200 Index posted its biggest one-day fall since June 3, closing 79.1 points, […]

Euro: USD/EUR (EUR=X) rallies in the early week will continue to be met with sellers

Euro: USD/EUR (EUR=X) rallies in the early week will continue to be met with sellers

Euro: USD/EUR (EUR=X) rallies in the early week will continue to be met with sellers Friday’s jobs report sent a message to the markets that the Fed is not in a hurry to ease monetary policy. Much of the rally in EUR/USD in June was predicated on the speculation that the Fed was sure to cut rates […]

Japanese Yen: USD/JPY (JPY=X) market should continue to try to break out to the upside

Japanese Yen: USD/JPY (JPY=X) market should continue to try to break out to the upside

Japanese Yen: USD/JPY (JPY=X) market should continue to try to break out to the upside The US dollar has rallied again during early trading on Monday, reaching towards the ¥108.50 level. At this point, the market looks as if it is trying to reach towards the 50 day EMA above, and if we can break above […]

Gold 1 OZ (XAU=X) bulls still have the firm overall near-term technical advantage

Gold 1 OZ (XAU=X) bulls still have the firm overall near-term technical advantage

Gold 1 OZ (XAU=X) bulls still have the firm overall near-term technical advantage Gold prices are moderately higher in early U.S. trading Monday. Trading has been choppy at higher levels recently, but the bulls still have the firm overall near-term technical advantage, and that continues to invite the chart-based traders to the long side of the […]

News dims hopes of aggressive Fed rate cut, sending Singapore: STI Index (.STI) down 32.58 points

News dims hopes of aggressive Fed rate cut, sending Singapore: STI Index (.STI) down 32.58 points

News dims hopes of aggressive Fed rate cut, sending Singapore: STI Index (.STI) down 32.58 points Local shares had only one way to go yesterday after the buoyant United States jobs report last Friday undercut hopes for an aggressive interest rate cut later this month. Disappointed traders sent the Straits Times Index (STI) tumbling 32.58 […]

The Fed is Strangling Growth in the US

The Fed is Strangling Growth in the US

$DIA, $SPY, $QQQ, $RUTX, $VXX The Federal Reserve is “strangling growth” in the US with its “very tight monetary policy,” according to President Trump’s economic adviser Stephen Moore. “Incidentally, this is the other reason why I think we have seen a slight slowdown in the growth of the economy, is because the Fed is strangling growth […]

The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports

$COMM, $ESPR, $HAL, $LRCX 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 stock that Credit Suisse analysts have singled out that have a 50% implied upside in here, as follows: CommScope Inc. (NASDAQ:COMM) has […]

Ferrari (NYSE:RACE): Rare Track Only FXX Racer to Auction

Ferrari (NYSE:RACE): Rare Track Only FXX Racer to Auction

$RACE Being invited to take part in Ferrari’s (NYSE:RACE) very exclusive XX program is special honor, 1 not afforded just any Ferrari owner or fan, VIP’s only. The firm’s VIPs are the only clienti considered to own an XX car, as they are track laboratories for the Maranello Outfit and seldom come to market. Soon […]

Amazon.com, Inc. (NASDAQ:AMZN) global e-commerce empire will be mightier

Amazon.com, Inc. (NASDAQ:AMZN) global e-commerce empire will be mightier

Amazon.com, Inc. (NASDAQ:AMZN) global e-commerce empire will be mightier E-commerce’s current approximately 10% share of U.S. retail sales will continue to increase, with a similar dynamic occurring in international markets. Amazon will continue to be the prime (pun intended) beneficiary of the growing size of the sector pie. Not only do many people love the […]

Alphabet Inc. (NASDAQ:GOOG) Stock and the AI Moves

Alphabet Inc. (NASDAQ:GOOG)  Stock and the AI Moves

Alphabet Inc. (NASDAQ:GOOG) Stock and the AI Moves From its early days, Google has invested heavily in AI. Keep in mind that the technology has been critical in evolving the core search engine. The company has also pulled off a myriad of acquisitions to bulk up its AI capabilities. For example, with the deal for […]

It’s all change over at Chinese e-commerce king Alibaba Group Holding Limited (NYSE:BABA)

It’s all change over at Chinese e-commerce king Alibaba Group Holding Limited (NYSE:BABA)

It’s all change over at Chinese e-commerce king Alibaba Group Holding Limited (NYSE:BABA) It’s all change over at Chinese e-commerce king Alibaba. The company recently announced that CFO Maggie Wu will replace Executive Vice Chair Joe Tsai as head of strategic acquisitions and investments. That’s as the company reorganizes several business divisions including DingTalk and […]

NASDAQ Composite (.IXIC) US job gains weaken case for big Fed cut

NASDAQ Composite (.IXIC) US job gains weaken case for big Fed cut

NASDAQ Composite (.IXIC) US job gains weaken case for big Fed cut The dollar rose broadly on Monday after strong U.S. jobs growth in June suggested the Federal Reserve will not aggressively cut interest rates later this month. U.S. nonfarm payrolls rebounded in June to 224,000, the most in five months, data showed on Friday, […]

United States Oil (USO) very cautious open this morning supported by a better than expected non-farm payrolls

United States Oil (USO) very cautious open this morning supported by a better than expected non-farm payrolls

United States Oil (USO) very cautious open this morning supported by a better than expected non-farm payrolls Crude prices were little changed on Monday as traders weighed geopolitical risks against the impact of the Sino-U.S. trade war on the global economy, although last week’s better-than-expected U.S. jobs data offered some support. Brent crude futures were […]

Twitter, Inc. (NYSE:TWTR) Outpaces Stock Market Gains

Twitter, Inc. (NYSE:TWTR) Outpaces Stock Market Gains

Twitter, Inc. (NYSE:TWTR) Outpaces Stock Market Gains In the latest trading session, Twitter ( TWTR ) closed at $36.22, marking a +0.39% move from the previous day. This change outpaced the S&P 500’s 0.29% gain on the day. Elsewhere, the Dow gained 0.26%, while the tech-heavy Nasdaq added 0.22%. Coming into today, shares of the […]

Tesla, Inc. (NASDAQ:TSLA) latest quarterly report includes a record number of vehicle deliveries at 95,200

Tesla, Inc. (NASDAQ:TSLA) latest quarterly report includes a record number of vehicle deliveries at 95,200

Tesla, Inc. (NASDAQ:TSLA) latest quarterly report includes a record number of vehicle deliveries at 95,200 Tesla has had its share of ups and downs over the years with exploding cars, autopilot mishaps, and CEO Elon Musk saying and doing foolish things on the internet. But this week was a big “up” for the electric car […]

Bitcoin: USD/BTC (BTC=X) Needs to Break $11,600

Bitcoin: USD/BTC (BTC=X) Needs to Break $11,600

Bitcoin: USD/BTC (BTC=X) Needs to Break $11,600 Even since Bitcoin (BTC) hit $13,800 to then retrace by $4,000, the cryptocurrency market has slowed. Don’t get me wrong, volatility is still rife in this market, but BTC’s range is starting to tighten. As of the time of writing this, Bitcoin sits at $11,200, down around 2% in the […]

Facebook, Inc. (NASDAQ:FB) could hit new all-time highs

Facebook, Inc. (NASDAQ:FB) could hit new all-time highs

Facebook, Inc. (NASDAQ:FB) could hit new all-time highs Shares of Facebook have been trading much better over the last six months. Shares are flirting with a move back over $200 and if it can get there, it could trigger a much higher move back to its all-time highs. While the stock was hammered in late-May […]

Dow Jones Industrial Average (.DJI) markets are still seeing a 100% probability of an interest-rate cut at the Federal Reserve’s next meeting

Dow Jones Industrial Average (.DJI) markets are still seeing a 100% probability of an interest-rate cut at the Federal Reserve’s next meeting

Dow Jones Industrial Average (.DJI) markets are still seeing a 100% probability of an interest-rate cut at the Federal Reserve’s next meeting The U.S. labor market saw the best jobs growth of the year in June, but markets are still seeing a 100% probability of an interest-rate cut at the Federal Reserve’s next meeting, set […]

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

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

FLASH: Gold Down, USD Up, Crude Oil Flat, Stocks Lower Notes: White House Economic advisor Larry Kudlow has confirmed top representatives from the United States and China will meet in the coming week to continue trade talks. Iran said Sunday it will shortly boost its uranium enrichment above a cap set by a landmark Y 2015 nuclear […]

Campaign to Reinstate the Gold Standard in US Gathering Momentum

Campaign to Reinstate the Gold Standard in US Gathering Momentum

$XAU, $GLD, $USD The once-fringe fantasy of a return to the gold standard is creeping back into the mainstream. It has long been dismissed as a fool’s errand, on par with abandoning the Federal Reserve and other trappings of the modern economy. Mainstream economists deride it almost without exception. Reintroducing the gold standard would “be a disaster […]

Box Office: ‘Spider-Man: Far From Home’Saves a Lagging Summer

Box Office: ‘Spider-Man: Far From Home’Saves a Lagging Summer

$DIS, $SNE, $CMCA, $CBS Spider-Man lights up the box office world wide, the Superhero pic did huge business over the long 4th of July Holiday In a win for Sony (NYSE:SNE) and Kevin Feige’s Marvel Studios, Spider-Man: Far From Home scored a huge-day launch of $185.1-M from 4,634 North American theaters, including a near-record $93.6-M over the […]

New Zealand Dollar: NZD/USD (NZD=X) direction likely to be determined by trader reaction to a pair of Gann angles at .6627 and .6647

New Zealand Dollar: NZD/USD (NZD=X) direction likely to be determined by trader reaction to a pair of Gann angles at .6627 and .6647

New Zealand Dollar: NZD/USD (NZD=X) direction likely to be determined by trader reaction to a pair of Gann angles at .6627 and .6647 The New Zealand Dollar took a hit on Friday after the U.S. Dollar rallied sharply in reaction to a report from the U.S. Labor Department which revealed non-farm payrolls rose by 224,000 […]

Japanese Yen: USD/JPY (JPY=X) Investors eye central banks

Japanese Yen: USD/JPY (JPY=X) Investors eye central banks

Japanese Yen: USD/JPY (JPY=X) Investors eye central banks The Japanese Tankan indices were mixed. The manufacturing indicator slipped to 7, missing the estimate of 9 points. The services sector has been much stronger, and the index climbed to 23, beating the forecast of 21 points. Housing spending sparkled, with a gain of 4.0%. This was […]

British Pound: USD/GBP (GBP=X) further downside potential

British Pound: USD/GBP (GBP=X) further downside potential

British Pound: USD/GBP (GBP=X) further downside potential The Pound recorded its ninth consecutive weekly loss against the Euro ahead of the weekend, and it recorded its lowest weekly close against the U.S. Dollar since April 2017. The weakness extends to the majority of major currencies, as a multi-week sell-off extended amidst a combination of political […]

Canadian Dollar: USD/CAD (CAD=X) strong fundamentals and a central bank likely to keep rates steady

Canadian Dollar: USD/CAD (CAD=X) strong fundamentals and a central bank likely to keep rates steady

Canadian Dollar: USD/CAD (CAD=X) strong fundamentals and a central bank likely to keep rates steady The Canadian lower dropped 0.19 percent on Friday, but given strong fundamentals and a central bank likely to keep rates steady the Loonie was the only major currency to end in the black against the greenback this week. Job numbers in Canada were lower than expected […]

Australia: S&P/ASX 200 (.AXJO) poised to open lower

Australia: S&P/ASX 200 (.AXJO) poised to open lower

Australia: S&P/ASX 200 (.AXJO) poised to open lower Australian shares are poised to open lower, with the iron ore majors likely to pace losses. Iron ore dropped sharply on Friday after Chinese steel mills requested a probe into this year’s price surge. The spot price of the steel-making material fell 5.9 per cent, according to Fastmarkets […]

Australian Dollar: USD/AUD (AUD=X) dips as RBA strikes again

Australian Dollar: USD/AUD (AUD=X) dips as RBA strikes again

Australian Dollar: USD/AUD (AUD=X) dips as RBA strikes again The RBA lowered interest rates for a second straight month, the first back-to-back cuts since 2012. The benchmark rate currently stands at an even 1.0%, a historical low. In follow-up comments, RBA Governor Lowe said that the economic outlook “remains reasonable”, but investors will no doubt […]

Ferrari’s (NYSE:RACE) Portofino is a Supercar Daily Driver

Ferrari’s (NYSE:RACE) Portofino is a Supercar Daily Driver

$RACE FLASH: Ferrari Portofino is the Key factor in the Maranello Outfit’s record Q-1 Sales Modern Ferraris are getting better and better, and the does it with pride, the Portofino capable of satisfying an owner’s daily driving needs. You can cruise with the Top back and this Ferrari will give you all the excitement of a […]

“Gold is Money, Everything Else is Credit”

“Gold is Money, Everything Else is Credit”

$XAU, $XAG, $GLD, $USD The economist John Maynard Keynes called gold a “barbarous relic”, suggesting that its usefulness as money is an artifact of the past. In an era filled with cashless transactions and hundreds of cryptocurrencies, this statement seems truer today than in Keynes’ time. But, gold also possesses elemental properties that has made […]

A Close Look at the NFPs Signals that the FOMC has the ‘Green Light’ to Cut Rates

A Close Look at the NFPs Signals that the FOMC has the ‘Green Light’ to Cut Rates

The June NFPs (jobs Report) beat all expectations. The US economy created 224,000 jobs last month and put to rest market fears of a looming recession. Financial markets reacted to this report as a case of “good news is bad news.” Stock futures declined and Treasury yields rose after the report, with investors seeing this better-than-expected number […]

Ferrari (NYSE:RACE) ‘Teases’ at Goodwood Festival of Speed

Ferrari (NYSE:RACE) ‘Teases’ at Goodwood Festival of Speed

$RACE New cars from Aston Martin, McLaren Automotive, Bentley, Ferrari and Ford will be among those making a public debut at this weekend’s Goodwood Festival of Speed. The outdoor event, which is set in the grounds of a historic mansion in Westhampnett, 62 miles southwest of London, has become a key product showcase even as […]

Every Portfolio Needs at Least 10% of Gold

Every Portfolio Needs at Least 10% of Gold

$XAU, $GLD, $USD, $EUR Shayne and I see gold testing to $1384ish and then setting up to drive North, potentially topping $1,500 oz, as interest rates head lower, central banks extend purchases, and uncertainty surrounding geopolitics and cryptocurrencies fans demand. Gold on the COMEX finished -1.4% to $1400.95 oz. “I love gold,” said Mark Mobius, […]

Shortened Holiday Week Ended Flat on Light Volume

Shortened Holiday Week Ended Flat on Light Volume

$DIA, $SPY, $QQQ, $RUTX, $VXX Friday’s investor participation was below average, as just 578-M/shares changed hands on the NYSE floor. The message from the White House: Fed Must Cut Rates Despite Strong Jobs Data  Note: The solid report served as another reminder that the US economy continues holding up well against a backdrop of slowing […]

The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports

$GOLD, $BBU, $CTST, $CNK, $DLR, $PBR, $SBUX The US financial markets were closed all day Thursday for Independence Day observance, the markets are open Friday. 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 […]

NaturalShrimp Incorporated (OTC:SHMP) Technical Analysis

NaturalShrimp Incorporated (OTC:SHMP) Technical Analysis

NaturalShrimp Incorporated (OTC:SHMP) Technical Analysis Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.14. The projected lower bound is: 0.08. The projected closing price is: 0.11. Candlesticks A black body occurred (because prices closed lower than they opened). During the past […]

Bitcoin: USD/BTC (BTC=X) Institutional Investors Are Officially Entering the Cryptocurrency Market

Bitcoin: USD/BTC (BTC=X) Institutional Investors Are Officially Entering the Cryptocurrency Market

Bitcoin: USD/BTC (BTC=X) Institutional Investors Are Officially Entering the Cryptocurrency Market Now that institutional investors are buying up Bitcoin, what will it mean for the cryptocurrency market? Much of the early draw to cryptocurrencies was the high “crypto” appeal. No governments back cryptocurrencies. Cryptocurrencies aren’t standardised against any material commodity. Institutional investors like banks and […]

Tesla, Inc. (NASDAQ:TSLA) sets a fresh high mark with 87,048 vehicles produced and 95,200 vehicles delivered in the second quarter

Tesla, Inc. (NASDAQ:TSLA) sets a fresh high mark with 87,048 vehicles produced and 95,200 vehicles delivered in the second quarter

Tesla, Inc. (NASDAQ:TSLA) sets a fresh high mark with 87,048 vehicles produced and 95,200 vehicles delivered in the second quarter Indeed, Tesla shares went on to jump as much as 7.6% yesterday (then settled to close up nearer to 5%) after the company did exactly that, setting a fresh high mark with 87,048 vehicles produced and 95,200 […]

LifeApps Brands Inc. (OTC:LFAP) Technical Analysis

LifeApps Brands Inc. (OTC:LFAP) Technical Analysis

LifeApps Brands Inc. (OTC:LFAP) Technical Analysis Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.12. The projected lower bound is: 0.05. The projected closing price is: 0.08. Candlesticks A white body occurred (because prices closed higher than they opened). During the […]

NASDAQ Composite (.IXIC) Eyes Record High

NASDAQ Composite (.IXIC) Eyes Record High

NASDAQ Composite (.IXIC) Eyes Record High Dow Jones futures rose slightly Thursday night, ahead of Friday’s jobs report. S&P 500 futures and Nasdaq futures also were higher after U.S. stock markets were closed for Independence Day. The stock market rally powered ahead Wednesday, with the Dow Jones and S&P 500 index setting all-time highs and […]

Vystar Corporation (OTC:VYST) Technical Analysis

Vystar Corporation (OTC:VYST) Technical Analysis

Vystar Corporation (OTC:VYST) Technical Analysis Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 0.04. The projected upper bound is: 0.05. The projected lower bound is: 0.03. The projected closing price is: 0.04. Candlesticks A black body […]

Facebook, Inc. (NASDAQ:FB) one worry is the growing push by regulators and politicians to crack down on Big Tech

Facebook, Inc. (NASDAQ:FB) one worry is the growing push by regulators and politicians to crack down on Big Tech

Facebook, Inc. (NASDAQ:FB) one worry is the growing push by regulators and politicians to crack down on Big Tech Facebook stock rose 1.1% Wednesday to 197.20. That’s just below a 198.58 buy point from a long, deep cup-with-handle base. The cup depth of 44% is worrisome. However, the handle itself is long enough to be its own […]

Amazon.com, Inc. (NASDAQ:AMZN) continues to roll out some of the best early Prime Day deals we’ve seen

Amazon.com, Inc. (NASDAQ:AMZN) continues to roll out some of the best early Prime Day deals we’ve seen

Amazon.com, Inc. (NASDAQ:AMZN) continues to roll out some of the best early Prime Day deals we’ve seen Prime Day 2019 is a two-day event this year, but it doesn’t mean Amazon is holding back the early deals. That’s right: You don’t have to wait until July 15th to take advantage of a great sale! Right now, the retailer slashed prices […]

Federal National Mortgage Association (OTC:FNMA) Technical Analysis

Federal National Mortgage Association (OTC:FNMA) Technical Analysis

Federal National Mortgage Association (OTC:FNMA) Technical Analysis Overall, the bias in prices is: Upwards. The projected upper bound is: 3.10. The projected lower bound is: 2.56. The projected closing price is: 2.83. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 4 white candles […]

Alphabet Inc. (NASDAQ:GOOG) A new global trend

Alphabet Inc. (NASDAQ:GOOG) A new global trend

Alphabet Inc. (NASDAQ:GOOG) A new global trend The technology sector has been on a volatile ride of late, driven in large part by the fortunes of some household names. Franklin Equity Group’s Jonathan Curtis believes the sector offers attractive long-term potential. In this article, he champions the contribution of lesser known names and explores the […]

Apple Inc. (NASDAQ:AAPL) earnings are expected to fall 4% in the current fiscal year

Apple Inc. (NASDAQ:AAPL) earnings are expected to fall 4% in the current fiscal year

Apple Inc. (NASDAQ:AAPL) earnings are expected to fall 4% in the current fiscal year Apple stock advanced 0.8% to 204.41. The iPhone maker is working toward a 215.41 cup-with-handle buy point, but a little further away than Facebook or Amazon stock. Like those two FANGs, Apple’s handle is long enough to be its own base. The RS […]

Tianci International, Inc. (OTC:CIIT) Technical Analysis

Tianci International, Inc. (OTC:CIIT) Technical Analysis

Tianci International, Inc. (OTC:CIIT) Technical Analysis Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 3.55. The projected lower bound is: 1.90. The projected closing price is: 2.72. Candlesticks A black body occurred (because prices closed lower than they opened). During the […]

Dow Jones Industrial Average (.DJI) starts to consolidate after reaching record highs

Dow Jones Industrial Average (.DJI) starts to consolidate after reaching record highs

Dow Jones Industrial Average (.DJI) starts to consolidate after reaching record highs The Dow Jones managed to follow the S&P 500 into record territory, with the price rising and settling above that 26,951 level. The ability to push on from here is going to be key, as we have seen many occasions in the past where record highs have […]

YBCC, Inc. (OTC:YBAO) Technical Analysis

YBCC, Inc. (OTC:YBAO) Technical Analysis

YBCC, Inc. (OTC:YBAO) Technical Analysis Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.39. The projected lower bound is: 0.01. The projected closing price is: 0.20. Candlesticks WARNING: These prices only contain closing prices. Thus, the candlestick analysis in this expert […]

Netflix, Inc. (NASDAQ:NFLX) Looking to Reduce Cash Burn Rate

Netflix, Inc. (NASDAQ:NFLX) Looking to Reduce Cash Burn Rate

Netflix, Inc. (NASDAQ:NFLX) Looking to Reduce Cash Burn Rate The establishment of local production hubs not only lowers cost of production but also provides opportunities for tax credits in the long haul. For instance, the company is likely to receive $4 million in tax credits over 10 years in New York, if it can fulfil […]

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

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

FLASH: Gold Up, USD Firm, Crude Oil Down, Stocks Up Notes: The market’s focus is Friday’s US NFPs for June, which economists expect to have risen by 160,000 in June, compared with 75,000 in May. USD firm on Friday but traders held off on making big bets ahead of the closely-watched US NFPs report that could influence […]

Ferrari (NYSE:RACE) Proved That Aston Martin’s Float was the Worst Ever

Ferrari (NYSE:RACE) Proved That Aston Martin’s Float was the Worst Ever

$RACE, $ARGGY Yes, there are some similarities between Ferrari (NYSE:RACE) and Aston Martin (OTCMKT:ARGGY) Both companies were among the most eagerly awaited IPOs when they come to market. They both dove initially, Ferrari recovered to become the Aristocrat of the sector, and Aston Martin is perhaps the disastrous stock market float ever. It was a […]

Marijuana Needs to Be Legal in the US for Stocks to Reach Full Potential

Marijuana Needs to Be Legal in the US for Stocks to Reach Full Potential

FLASH: Right Now You Have To Be ‘High’ To Invest in Marajuana Stocks Now, with the 1st round of Democratic Party debates complete, we are seen the Dem Presidential hopefuls discuss everything from gun control, to immigration, to economic policy. But 1 topic that has been absent is US marijuana legalization, and for marijuana stock […]

Bangkok Hotels: What’s trending this week

Bangkok Hotels:  What’s trending this week

Bangkok Hotels: What’s trending this week Bangkok is one of those cities that you never get tired of visiting. No matter how many times you’ve been, you’ll always find something new and exciting to see, do, and eat. It’s got a perfect blend of food, culture, nightlife, shopping, affordability, and grittiness that’s unmatched anywhere in […]

Watch “Salute to America” Live

Watch “Salute to America” Live

The “Salute to America” is being held at the Lincoln Memorial in Washington DC, from 6:30p to 7:30p EDT. It is expected to include military flyovers and the biggest fireworks display ever. President Trump Tweeted: People are coming from far and wide to join us today and tonight for what is turning out to be one […]

Paradise Vietnam Debuts Vibrant Restaurant in Vietnam’s Nha Trang

Paradise Vietnam Debuts Vibrant Restaurant in Vietnam’s Nha Trang

NHA TRANG (July 4, 2019) — The luxury hospitality group behind some of Vietnam’s finest restaurants is expanding its portfolio, unveiling its 13th restaurant dedicated to lobster with live cooking stations that serve up Vietnamese, Japanese, Korean, Western and Chinese fare. Situated at Citadines Bayfront Nha Trang Hotel at 62 Tran Phu along Nha Trang […]

KNM (KNMP:KL) bags RM36mil job in Egypt

KNM (KNMP:KL) bags RM36mil job in Egypt

KNM (KNMP:KL) bags RM36mil job in Egypt KNM Group Bhd said an indirect wholly-owned subsidiary FBM Hudson Italiana SpA has secured a RM36.14mil contract in Egypt. The contract, awarded by Technip Italy SpA, was for the design, detailed engineering and fabrication of air cooler heat exchangers at the Middle East Oil Refinery in Alexandria. KNM […]

KENANGA (KNNK:KL) sees opportunity to pick up consumer stocks in 3Q

KENANGA (KNNK:KL) sees opportunity to pick up consumer stocks in 3Q

KENANGA (KNNK:KL) sees opportunity to pick up consumer stocks in 3Q Kenanga research said the forecast weakness in retailers’ performance in 3Q due to an absence of festivities is an opportunity to position for a better 4Q and beyond. “Retailers usually fare the worst in 3Q19 due to the absence of festivities that typically spur […]

Australian Dollar: USD/AUD (AUD=X) market fails to continue going higher without some type of catalyst

Australian Dollar: USD/AUD (AUD=X) market fails to continue going higher without some type of catalyst

Australian Dollar: USD/AUD (AUD=X) market fails to continue going higher without some type of catalyst The Australian dollar has gone back and forth during the trading session on Thursday as Americans were away for Independence Day celebrations. That being said, we are at significant resistance so it’s not a huge surprise to see the market fail […]

Hong Kong: HANG SENG INDEX (.HSI) cautious traders ignored a record-breaking lead from Wall Street

Hong Kong: HANG SENG INDEX (.HSI) cautious traders ignored a record-breaking lead from Wall Street

Hong Kong: HANG SENG INDEX (.HSI) cautious traders ignored a record-breaking lead from Wall Street Hong Kong stocks finished slightly lower today as cautious traders ignored a record-breaking lead from Wall Street, with attention now on the release of US jobs data. The Hang Seng Index eased 0.21 per cent, or 59.37 points, to 28,795.77. […]

Can a rush into Gold 1 OZ (XAU=X) be a precursor to more negative-yielding debt worldwide?

Can a rush into Gold 1 OZ (XAU=X) be a precursor to more negative-yielding debt worldwide?

Can a rush into Gold 1 OZ (XAU=X) be a precursor to more negative-yielding debt worldwide? Can a rush into gold be a precursor to more negative-yielding debt worldwide? Wells Fargo asks this question in the latest note to clients as the bank views gold as overvalued at above the $1,400 an ounce level. Gold […]

British Pound: USD/GBP (GBP=X) continued weakness suggests that we could go much lower

British Pound: USD/GBP (GBP=X) continued weakness suggests that we could go much lower

British Pound: USD/GBP (GBP=X) continued weakness suggests that we could go much lower Yesterday, I have the perception that perhaps we could find enough support to cause this market to bounce. While that hasn’t necessarily been eliminated, the Thursday candle doesn’t exactly instill a lot of confidence. The fact that we rallied and then gave […]

Australia: S&P/ASX 200 (.AXJO) investors are continuing to focus on the S&P/ASX 200’s approaching record high

Australia: S&P/ASX 200 (.AXJO) investors are continuing to focus on the S&P/ASX 200’s approaching record high

Australia: S&P/ASX 200 (.AXJO) investors are continuing to focus on the S&P/ASX 200’s approaching record high Australian shares closed at a fresh 11-1/2-year high on Thursday as the major banks rebounded from a poor start to the week’s trading. The S&P/ASX 200 Index closed 32.5 points, or 0.5 per cent, higher at 6718 and the […]

Euro: USD/EUR (EUR=X) trading sideways below the 1.1320 resistance

Euro: USD/EUR (EUR=X) trading sideways below the 1.1320 resistance

Euro: USD/EUR (EUR=X) trading sideways below the 1.1320 resistance The current bounce in the dollar was triggered by news over the weekend that trade talks between China and the US are progressing. This caused a correlated move across the financial markets. Treasury yields bounced higher with the 10-year rallying from a psychological 2% yield. Gold […]

Shanghai: SSE Composite Index (.SSEC) investors awaiting developments around Sino-U.S. trade talks

Shanghai: SSE Composite Index (.SSEC) investors awaiting developments around Sino-U.S. trade talks

Shanghai: SSE Composite Index (.SSEC) investors awaiting developments around Sino-U.S. trade talks China stocks closed lower on Thursday weighed down by a slump in top consumer shares, even as investors awaited developments around Sino-U.S. trade talks. The blue-chip CSI300 index fell 0.5% to 3,873.10, while the Shanghai Composite Index lost 0.3% to 3,005.25. Consumer firms […]

Japanese Yen: USD/JPY (JPY=X) stuck below trendline resistance

Japanese Yen: USD/JPY (JPY=X) stuck below trendline resistance The price of USD/JPY rallied off the lows yesterday, but for now remains below downtrend resistance from the April highs. A move above ¥108.00 would reinforce the emerging bullish picture, and perhaps suggest that a higher low is in play. This would be reversed if the price moves back […]

Singapore: STI Index (.STI) slightly higher as markets in the region had mixed showings

Singapore: STI Index (.STI) slightly higher as markets in the region had mixed showings

Singapore: STI Index (.STI) slightly higher as markets in the region had mixed showings Wall Street posted a record performance on Wednesday on expectations that weak economic data would lead to further interest rate cuts in the United States, but the effect was limited here. The Straits Times Index (STI) finished 4.45 points or 0.1 […]

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

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

All US financial markets are closed Thursday for Independence Day FLASH: Gold Down, USD Flat, Crude Oil Down, Stocks Up Notes: Top representatives of the United States and China are organizing a resumption of talks for next week to try to resolve a year-long trade dispute between the world’s 2 largest economies, Trump Administration officials said Wednesday […]

President Trump, “July 4 Celebration to Be Show of a Lifetime”

President Trump, “July 4 Celebration to Be Show of a Lifetime”

Fact: Washington has held an Independence Day celebration for decades, featuring a parade along Constitution Avenue, a concert on the Capitol lawn with music by the National Symphony Orchestra and fireworks beginning at dusk near the Washington Monument. And Thursday, the 4th of July, President Trump continues the tradition and presents a show of the […]

Gold (XAU) Seen Ready for More Gains

Gold (XAU) Seen Ready for More Gains

$XAU, $XAG, $GLD, $SLV, $USD Gold tested the at 1,440 again Wednesday as investors are digesting central banks related banks in Europe and the United States. Investors are waiting for Friday US NFPs report. The ECB is looking for a replacement of its President Mario Draghi, with IMF chief Christine Lagarde as a firm candidate […]

New Gold Abundant in Old Gold Mines

New Gold Abundant in Old Gold Mines

$XAU, $XAG, $GLD In Y 1848, the discovery of a gold nugget in northern California sparked the California Gold Rush, the largest mass migration in US history. Tens of thousands of 49’rs flooded the area to pan for gold. This period gave rise to the popular expression, “Mother Lode,” which is sometimes thought to mean […]

Michael Selsman on the Fate of Hollywood’s Waning Box Office

Michael Selsman on the Fate of Hollywood’s Waning Box Office

$DIS, $LGF, $VIA, $CMCSA, $AEMC “Sequels Signal Hollywood Box Office Misfortune, I Can Point to 16 YA Features that Flopped,” Michael Selseman. The bad news is: “Avengers: Endgame” did well, but the other sequels did not. Halfway through Summer, things are looking dreary. Ticket sales are 7% behind last year’s, according to Comscore, putting 1-H […]

Japanese Yen: USD/JPY (JPY=X) pushes down from resistance

Japanese Yen: USD/JPY (JPY=X) pushes down from resistance

Japanese Yen: USD/JPY (JPY=X) pushes down from resistance Also on the side of USD-weakness, USDJPY has pushed-lower from a key zone of resistance while filling this week’s opening gap. This keeps the door open for further bearish potential in the pair. Prices are finding a bit of short-term support at the 107.50 level that was looked at […]

Australian Dollar: USD/AUD (AUD=X) broke out of its Asian session consolidative trading range

Australian Dollar: USD/AUD (AUD=X) broke out of its Asian session consolidative trading range

Australian Dollar: USD/AUD (AUD=X) broke out of its Asian session consolidative trading range The AUD/USD pair finally broke out of its Asian session consolidative trading range and spiked to fresh session tops, around the 0.7015 region in the last hour. The pair built on the previous session’s post-RBA bounce from 50-day SMA support and continued […]

Shanghai: SSE Composite Index (.SSEC) traders looking ahead to a key government jobs report due out Friday

Shanghai: SSE Composite Index (.SSEC) traders looking ahead to a key government jobs report due out Friday

Shanghai: SSE Composite Index (.SSEC) traders looking ahead to a key government jobs report due out Friday Shares were mostly lower in Asia on Wednesday as the euphoria from President Donald Trump’s truce with China’s Xi Jinping on trade faded. The retreat followed yet another all-time high for the S&P 500 index, though trading in […]

British Pound: USD/GBP (GBP=X) reaching towards the 1.2550 level

British Pound: USD/GBP (GBP=X) reaching towards the 1.2550 level

British Pound: USD/GBP (GBP=X) reaching towards the 1.2550 level The British pound fell significantly during the trading session on Wednesday, reaching towards the 1.2550 level. That’s an area that should continue to be of interest as we had recently bounced from just below. Obviously, the 1.25 level underneath will probably cause significant support due to the […]

Euro: USD/EUR (EUR=X) has weakened and fallen to key level

Euro: USD/EUR (EUR=X) has weakened and fallen to key level

Euro: USD/EUR (EUR=X) has weakened and fallen to key level The weakening of the Euro after the G20 Summit, and subsequent announcement of Christine Lagarde as the next President of the European Central Bank (ECB), is unlikely to extend suggest the charts. The Euro fell after the G20 as improved investor sentiment reduced safe-haven flows, a dynamic […]

Silver 1 OZ 999 NY (XAG=X) should continue to be in demand

Silver 1 OZ 999 NY (XAG=X) should continue to be in demand

Silver 1 OZ 999 NY (XAG=X) should continue to be in demand Silver markets went back and forth during the trading session after gapping higher on Wednesday, showing a clear range as to where the market wants to deal with. The $15.25 level underneath should be support, while the $15.50 level above should be resistance. That […]

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

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

Australia: S&P/ASX 200 (.AXJO) to open lower The Australian share market is expected to open lower this morning despite U.S. and European markets pushing higher. According to the latest SPI futures, the ASX 200 is poised to open the day 0.1% or 8 points lower. On Wall Street the Dow Jones rose 0.25%, the S&P […]

Gold 1 OZ (XAU=X) $1,430 In Asian Trading On Rising Demand

Gold 1 OZ (XAU=X) $1,430 In Asian Trading On Rising Demand

Gold 1 OZ (XAU=X) $1,430 In Asian Trading On Rising Demand Gold prices are solidly higher in early U.S. trading Wednesday, with prices overnight coming close to taking out the recent six-year high. Gold is seeing some renewed safe-haven demand, fresh chart-based buying and support coming from ongoing notions of easier central bank monetary policies. August […]

Hong Kong: HANG SENG INDEX (.HSI) energy firms taking a hit following a plunge in oil prices

Hong Kong: HANG SENG INDEX (.HSI) energy firms taking a hit following a plunge in oil prices

Hong Kong: HANG SENG INDEX (.HSI) energy firms taking a hit following a plunge in oil prices Hong Kong stocks eased today as investors cashed out after the previous day’s rally, with energy firms taking a hit following a plunge in oil prices. The Hang Seng Index dipped 0.07 per cent, or 20.42 points, to […]

So Goes President Trump, So Goes the Market

So Goes President Trump, So Goes the Market

$DIA, $SPY, $QQQ, $RUTX FLASH: President Trump is focused on the Fed, calling for lower interest rates and a lower USD Donald J. Trump is the biggest driver of financial markets in the world, and I write about him daily in this column. Savvy participants are making money off by anticipating his moves, which are […]

Coming Soon: Congress Vs Facebook, Libra the Prize

Coming Soon: Congress Vs Facebook, Libra the Prize

$FB Facebook (NASDAQ:FB) plan for its own digital currency is drawing fire in Washington, DC. A letter from more than 30 groups influential with Democrats demanding a halt to the project to deal with the “profound questions” it raises. In their letter to leaders of five congressional committees, organizations including the Service Employees International Union, […]