Stocks Finished Flat on Mixed Economic Data

Stocks Finished Flat on Mixed Economic Data

$DIA, $SPY, $QQQ, $RUTX, $VXX The gauge of equities finished flat to unchanged Tuesday, as US Treasury yields moved higher on a stronger-than-anticipated report on US retail sales raised the possibility the Fed might adopt a less Dovish stance. The S&P 500 lost 0.3% Tuesday, led lower by shares of energy and technology companies, while […]

Gold Dipped on Mixed Economic Data

Gold Dipped on Mixed Economic Data

$GLD, $XAU, $USD Gold prices turned lower Tuesday after a strong retail sales reading sparked buying interest in the USD and pushed Treasury yields higher. Retail sales gained 0.4% in June, outpacing consensus forecasts for a meager 0.1% advance, the positive reading pushed the .DXY and bond yields higher. The USD-denominated precious Yellow metal reacts negatively […]

Lawmakers Grill Facebook Execs, Bitcoin (BTC) Dives

Lawmakers Grill Facebook Execs, Bitcoin (BTC) Dives

$BTC, $BTCUSD, $FB FLASH: The cryptocurrency market got hammered Tuesday with Bitcoin losing over 10% in value after US lawmakers grilled Facebook (FB) on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies. Facebook is fighting to get Washington onside after it shocked regulators and lawmakers with its announcement on 18 June […]

Factory Output Up More Than Estimated, Autos Advance

Factory Output Up More Than Estimated, Autos Advance

$F, $GM, $FCAU, $TM FLASH: America is open for business. US manufacturing output accelerated in June, climbing for the 2nd month running, thanks in large part to increased production of motor vehicles and parts. The Federal Reserve said Tuesday manufacturing production rose 0.4% last month, above the 0.2% expected by analysts in a poll. The June numbers […]

The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports

$AMZN, $CROX, $DE, $GILD, $GPN, $WORK Daily HeffX-LTN reviews dozens of  the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of stocks analysts have singled out to look at carefully Tuesday, as follows: Amazon.com Inc. (NASDAQ:AMZN): Analysts reiterated AMZN as Overweight […]

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

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

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Unch, Crude Oil Off, Stocks Mixed Notes: Most Asian stock markets rose Monday, but gains were limited as investors awaited US retail sales data and corporate earnings to gauge the health of the world’s biggest economy ahead of a likely US rate cut later […]

Gold’s Price: The Bulls Vs The Bears

Gold’s Price: The Bulls Vs The Bears

$GLD, $XAU Gold’s market remains inside its 11 July range for a 2nd session, which suggests investor indecision and impending volatility. The lack of movement in the USD and Treasury yields is helping to contribute to the tight trading range. Tuesday, August COMEX gold is trading at: 1,416.50, +3.00 (+0.21%), as of 1:37a EDT, the market […]

Ferrari (NYSE:RACE), Listen to This HyperSuper Car Flat Out at the Nurburgring

Ferrari (NYSE:RACE), Listen to This HyperSuper Car Flat Out at the Nurburgring

$RACE The Ferrari (NYSE:RACE) FXX K is the latest in Ferrari’s line of hyper-exclusive track-only HyperSuper cars, and here is a video of 1 owner, there are just 320 out there enjoying it to the fullest. Alexander West, driver of this blue FXX K attended Ferrari’s latest Corsa Clienti event, held at the Nurburgring at […]

Ferrari (NYSE:RACE) Reports on Buyback Program

Ferrari (NYSE:RACE) Reports on Buyback Program

$RACE Ferrari N.V. (NYSE/MTA:RACE) announces that under the second tranche of the common share buyback program announced on 1 July 2019 (“Second Tranche”), the Company has purchased additional common shares – reported in aggregate form, on daily basis – on the Italian Stock Exchange (MTA) as follows: MTA TradingDate(d/m/y)   Number of common shares purchased […]

The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports

$MO, $FOCS, $LPSN, $MESA, $MS, $ZM Daily HeffX-LTN reviews dozens of  the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of stocks analysts have singled out to look at carefully Monday, as follows: Altria Inc. (NYSE:MO) was raised to Buy from […]

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

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

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Mixed, USD Firm, Crude Oil Off, Stocks Up Notes: China’s economic growth slowed to 6.2% in Q-2, its weakest pace in 27 years, as demand at home and abroad faltered in the face of mounting US trade pressure. EU foreign ministers will seek to figure out how […]

Earnings Season ‘Kicks Off’ in Earnest This Week

Earnings Season ‘Kicks Off’ in Earnest This Week

$JPM, $MS, $GS, $BAC, $MSFT, $NFLX FLASH: Traders will focus on the start to Q-2 earnings season this week. Big banks including JP Morgan Chase (NYSE:JPM), Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS) and Bank of America (NYSE:BAC), along with Netflix (NASDAQ:NFLX) and Microsoft (NASDAQ:MSFT) report Quarterly results this week, setting the tone for the rest […]

Firestone Dug Up the Largest Yellow Diamond to Date at Lesotho Mine

Firestone Dug Up the Largest Yellow Diamond to Date at Lesotho Mine

$L:FDI Africa-focused Firestone Diamonds (L:FDI) has dug up a 54 carat intense fancy yellow, sawable diamond from its 75%-owned Liqhobong mine, in Lesotho. The company said the stone will go on sale at the next tender, which is scheduled to take place in September. The find follows the recovery of a 72-carat yellow, whole makeable diamond in early April, which was the […]

Gold: What I See and What is Ahead

Gold: What I See and What is Ahead

$GLD, $XAU A strong 6-week rally in gold stocks and related ETF SPDR Gold Trust(NYSEARCA:GLD) hit a wall 3 weeks ago, but reversed. Because the Fed is happy with where interest rates are now, and the strong June jobs report has dampened inflation worries for now, signaling interest rates will be cut. Before concluding that […]

F1: Ferrari’s (NYSE:RACE) Leclerc Drove a Terrific Race Fininshing 3rd at Silverstone

F1: Ferrari’s (NYSE:RACE) Leclerc Drove a Terrific Race Fininshing 3rd at Silverstone

We saw a big smile on Charles Leclerc, 21 anni, after the British Grand Prix. From start to finish the Ferrari driver was involved in wheel-to-wheel dices around every inch of Silverstone, ultimately came away with a well-deserved podium, and the fan-voted Driver of the Day accolade. Before the race, Mr. Leclerc spoke of how he […]

Box Office: ‘Crawl,’ ‘Stuber’ DOA, ‘Spider-Man’ Tops the Weekend

Box Office: ‘Crawl,’ ‘Stuber’ DOA, ‘Spider-Man’ Tops the Weekend

$DIS, $SNE, $CMCSA Crawl and Stuber came DOA to their box office debuts with an estimated $12 and $8-M, respectively, a disappointing showing for major studio releases. Sony (NYSE:SNE) and Marvel Studios’ Spider-Man: Far From Home instead dominated in its 2nd weekend as it reached $847.1-M globally. In North America, the pic took in $45.3-M from 4,634 theaters for a […]

F1: Ferrari (NYSE:RACE) Confident of Silverstone Strategy, Leclerc Qualifed 3rd

F1: Ferrari (NYSE:RACE) Confident of Silverstone Strategy, Leclerc Qualifed 3rd

$RACE Ferrari (NYSE:RACE) narrowly missed out on a front-row grid spot at Silverstone Saturday, as Charles Leclerc qualified 3rd, just 0.079s off of Pole, but with both Ferrari racers set to start on the softer Pirelli tire, the Scuderia believes its race strategy will pay off Sunday. Mr. Leclerc insisted he was not disappointed with P3, despite […]

Gold is in a New Bull Market

Gold is in a New Bull Market

$GLD, $XAU, $USD The price of gold has gained 10% to $1412.35 YTD, and my work projects the precious Yellow metal will move much higher from current marks as it enters this new Bull market. The fundamentals and technicals are aligned for gold to maintain its upward trend in the months ahead. Gold stocks are […]

“Bitcoin is fun, but it is a lot more fun at 100X leverage”

“Bitcoin is fun, but it is a lot more fun at 100X leverage”

$BTC, $BTCUSD, $FB FLASH: Bitcoin (BTC) was on life support 6 months ago, with prices at about 20% of their record highs, disappointing the world of cryptocurrency enthusiasts who had grown use to extreme moves North and South in the virtual currency. Then last week’s Asia Blockchain Summit in Taipei highlighted how volatility is back, […]

President Trump on Crypto’s and Big Tech

President Trump on Crypto’s and Big Tech

$BTC, $BTCUSD, $FB, $GOOGL, $TWTR President Trump has criticized Bitcoin, Facebook’s proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to US and global regulations if they wanted to “become a bank.” “I am not a fan of Bitcoin and other Cryptocurrencies, which are not […]

F1: Ferrari (NYSE:RACE) Free Practice Results at Silverstone

F1: Ferrari (NYSE:RACE) Free Practice Results at Silverstone

$RACE Valtteri Bottas led a MercedesAMG 1-2 in FP2 at Silverstone on with the Ferrari (NYSE:RACE) duo of Charles Leclerc and Sebastian Vettel finishing immediately behind Lewis Hamilton, the wind and new track surface made for challenging FP session Friday. Mr. Bottas led much of FP1 before Pierre Gasly’s late flying lap, but the MercedesAMG driver […]

Stocks Cut Resistances Like a ‘Hot Knife Through Butter’ Finishing at New Record Highs Again

Stocks Cut Resistances Like a ‘Hot Knife Through Butter’ Finishing at New Record Highs Again

$DIA $SPY $QQQ, RUTX, $VXX FLASH: US Stock Market Indexes Finish at Record Highs Again, The Trump Effect is Working Traders and investors are focused a Fed that is expected to cut its benchmark interest rate later this month for the 1st time in more than a decade to help counter slowing economic growth caused […]

The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports

$XEC, $COST, $ENDP, $FCX, $HD, $LOW Daily HeffX-LTN reviews dozens of  the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of stocks analysts have singled out to look at carefully Friday, as follows: Cimarex Energy Co. (NYSE:XEC) was downgraded to Market […]

First Citizens BancShares, Inc. (OTC:FCNCB) Weekly Technical Update

First Citizens BancShares, Inc. (OTC:FCNCB) Weekly Technical Update

First Citizens BancShares, Inc. (OTC:FCNCB) Weekly Technical Update Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a correction towards 372.80. The projected upper bound is: 410.08. The projected lower bound is: 360.12. The projected closing price is: 385.10. Candlesticks A big white candle occurred. This is generally considered bullish, […]

XR Energy, Inc. (OTC:XREG) Weekly Technical Update

XR Energy, Inc. (OTC:XREG) Weekly Technical Update

XR Energy, Inc. (OTC:XREG) Weekly Technical Update Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.00. The projected lower bound is: 0.00. The projected closing price is: 0.00. Candlesticks A black body occurred (because prices closed lower than they opened). During […]

LifeApps Brands Inc. (OTC:LFAP) Weekly Technical Update

LifeApps Brands Inc. (OTC:LFAP) Weekly Technical Update

LifeApps Brands Inc. (OTC:LFAP) Weekly Technical Update 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 0.09. The projected upper bound is: 0.10. The projected lower bound is: 0.03. The projected closing price is: 0.07. Candlesticks A […]

Liquidmetal Technologies, Inc. (OTC:LQMT) Weekly Technical Update

Liquidmetal Technologies, Inc. (OTC:LQMT) Weekly Technical Update

Liquidmetal Technologies, Inc. (OTC:LQMT) Weekly Technical Update Overall, the bias in prices is: Downwards. The projected upper bound is: 0.12. The projected lower bound is: 0.09. The projected closing price is: 0.10. Candlesticks A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices […]

Tesla, Inc. (NASDAQ:TSLA) largest outside shareholder is openly advocating for Elon Musk to fine-tune his approach to communicating with the market

Tesla, Inc. (NASDAQ:TSLA) largest outside shareholder is openly advocating for Elon Musk to fine-tune his approach to communicating with the market

Tesla, Inc. (NASDAQ:TSLA) largest outside shareholder is openly advocating for Elon Musk to fine-tune his approach to communicating with the market For the third time in the past year, Tesla Inc.’s largest outside shareholder is openly advocating for Elon Musk to fine-tune his approach to communicating with the market. There’s no need for Musk, an […]

Vystar Corporation (OTC:VYST) Weekly Technical Update

Vystar Corporation (OTC:VYST) Weekly Technical Update

Vystar Corporation (OTC:VYST) Weekly Technical Update 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 […]

Flexpoint Sensor Systems, Inc. (OTC:FLXT) Weekly Technical Update

Flexpoint Sensor Systems, Inc. (OTC:FLXT) Weekly Technical Update

Flexpoint Sensor Systems, Inc. (OTC:FLXT) Weekly Technical Update Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 0.10. The projected lower bound is: 0.07. The projected closing price is: 0.08. Candlesticks A white body occurred (because prices closed higher than they opened). […]

Alphabet Inc. (NASDAQ:GOOG) Re-establishing privacy

Alphabet Inc. (NASDAQ:GOOG) Re-establishing privacy

Alphabet Inc. (NASDAQ:GOOG) Re-establishing privacy The biggest challenge in resuscitating privacy isn’t that it’s difficult for consumers to opt out of invasive online services, it’s that it’s nearly impossible for businesses to do so (and I only say “nearly” here by way of a hedge). Case in point: Steve Wozniak’s aforementioned recommendation to leave Facebook was initially […]

Tautachrome, Inc. (OTC:TTCM) Weekly Technical Update

Tautachrome, Inc. (OTC:TTCM) Weekly Technical Update

Tautachrome, Inc. (OTC:TTCM) Weekly Technical Update Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 0.01. The projected lower bound is: 0.00. The projected closing price is: 0.01. Candlesticks During the past 10 bars, there have been 3 white candles and 6 […]

RJD Green, Inc. (OTC:RJDG) Weekly Technical Update

RJD Green, Inc. (OTC:RJDG) Weekly Technical Update

RJD Green, Inc. (OTC:RJDG) Weekly Technical Update 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 0.00. The projected upper bound is: 0.01. The projected lower bound is: 0.00. The projected closing price is: 0.00. Candlesticks During […]

Apple Inc. (NASDAQ:AAPL) sentiment toward the stock is improving this year

Apple Inc. (NASDAQ:AAPL) sentiment toward the stock is improving this year

Apple Inc. (NASDAQ:AAPL) sentiment toward the stock is improving this year Apple (NASDAQ: AAPL) received a vote of confidence on Wednesday when Evercore ISI analyst Amit Daryanani reaffirmed his outperform rating for the technology giant’s shares. While investors should never rely solely on an analyst recommendation for their investment decisions, Daryanani does have an interesting point about […]

United States Oil (USO) makes it to Ukraine in another blow to Moscow

United States Oil (USO) makes it to Ukraine in another blow to Moscow

United States Oil (USO) makes it to Ukraine in another blow to Moscow U.S. crude exports are gaining traction in Europe as even Ukraine turns into a significant consumer of American barrels at the expense of Russian supplies amid heightened U.S. political pressure on Moscow and problems over contaminated Russian oil. Ukraine this month received […]

Concrete Leveling Systems, Inc. (OTC:CLEV) Weekly Technical Update

Concrete Leveling Systems, Inc. (OTC:CLEV) Weekly Technical Update

Concrete Leveling Systems, Inc. (OTC:CLEV) Weekly Technical Update Overall, the bias in prices is: Sideways. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 3.63. The projected upper bound is: 4.52. The projected lower bound is: 2.76. The projected closing price is: 3.64. Candlesticks […]

Twitter, Inc. (NYSE:TWTR) suffered a service disruption on Thursday that prevented users from properly accessing its app and website

Twitter, Inc. (NYSE:TWTR) suffered a service disruption on Thursday that prevented users from properly accessing its app and website

Twitter, Inc. (NYSE:TWTR) suffered a service disruption on Thursday that prevented users from properly accessing its app and website Twitter suffered an outage on Thursday that prevented some users from being able to use the social network properly for about an hour. Users who visited the website were greeted with a “Something is technically wrong” […]

NASDAQ Composite (.IXIC) turns negative

NASDAQ Composite (.IXIC) turns negative

NASDAQ Composite (.IXIC) turns negative U.S. stock benchmarks cut solid gains Thursday morning after a tweet from President Donald Trump indicated that trade talks between China and the U.S. may not be making substantial progress. Trump tweeted that China is “letting us down” by not buying U.S. farm products “that they said they would.” Trump’s […]

Facebook, Inc. (NASDAQ:FB) reports quarterly earnings on July 24 after the market closes

Facebook, Inc. (NASDAQ:FB) reports quarterly earnings on July 24 after the market closes

Facebook, Inc. (NASDAQ:FB) reports quarterly earnings on July 24 after the market closes When Facebook (NASDAQ: FB ) reports quarterly earnings on July 24 after the market closes, investors may not want to expect more upside. FB stock already staged a V-shaped recovery that began in May. After bottoming at the 200-day simple moving average on June 1 at […]

Alibaba Group Holding Limited (NYSE:BABA) Outperforming Other Retail-Wholesale Stocks This Year?

Alibaba Group Holding Limited (NYSE:BABA) Outperforming Other Retail-Wholesale Stocks This Year?

Alibaba Group Holding Limited (NYSE:BABA) Outperforming Other Retail-Wholesale Stocks This Year? Investors focused on the Retail-Wholesale space have likely heard of Alibaba Group Holding (BABA), but is the stock performing well in comparison to the rest of its sector peers? Let’s take a closer look at the stock’s year-to-date performance to find out. Alibaba Group […]

Dow Jones Industrial Average (.DJI) record high led by UnitedHealth shares

Dow Jones Industrial Average (.DJI) record high led by UnitedHealth shares

Dow Jones Industrial Average (.DJI) record high led by UnitedHealth shares The Dow Jones Industrial Average rallied to a record high on Thursday, led by UnitedHealth shares, after testimony by Federal Reserve Chair Jerome Powell this week that signaled easier monetary policy could be implemented later this month. The 30-stock average broke above 27,000 for […]

Bitcoin: USD/BTC (BTC=X) price indicator is about to turn bullish

Bitcoin: USD/BTC (BTC=X) price indicator is about to turn bullish

Bitcoin: USD/BTC (BTC=X) price indicator is about to turn bullish A bitcoin price indicator is about to turn bullish for the first time since the early stages of the 2016-17 bull market. The 50-candle moving average (MA) on bitcoin’s three-day chart is in a solid upward trajectory and looks set to cross above the 200-candle […]

Tianci International, Inc. (OTC:CIIT) Weekly Technical Update

Tianci International, Inc. (OTC:CIIT) Weekly Technical Update

Tianci International, Inc. (OTC:CIIT) Weekly Technical Update 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: 1.94. The projected closing price is: 2.75. Candlesticks During the past 10 bars, there have been 4 white candles and […]

Federal National Mortgage Association (OTC:FNMA) Weekly Technical Update

Federal National Mortgage Association (OTC:FNMA) Weekly Technical Update

Federal National Mortgage Association (OTC:FNMA) Weekly Technical Update 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 During the past 10 bars, there have been 5 white candles and 3 black candles for a net of 2 white […]

F1: Ferrari’s (NYSE:RACE) Leclerc Will Be More Aggressive at Silverstone

F1: Ferrari’s (NYSE:RACE) Leclerc Will Be More Aggressive at Silverstone

$RACE Ferrari’s (NYSE:RACE) Charles Leclerc says he will adjust his driving style to be more aggressive after the Austrian Grand Prix. In that race Red Bull Racing’s Max Verstappen avoided a penalty for a late overtake on the Ferrari driver. Mr. Leclerc has come to terms with the outcome of the race Having led for […]

Ferrari (NYSE:RACE) Morgan Stanley Ponders Its Strong Rally

Ferrari (NYSE:RACE) Morgan Stanley Ponders Its Strong Rally

$RACE, $MS FLASH: Morgan Stanley in a note Thursday weighs in on Ferrari stock and its strong rally (NYSE:RACE) Morgan Stanley (NYSE:MS) ponders what to do with Ferrari after being strapped in for this year’s 68% rally. “RACE is our highest quality name. However, everything comes at a price. The stock is getting very pricey […]

FTSE Bursa Malaysia KLCI (.KLSE) recoups earlier losses to end marginally higher

FTSE Bursa Malaysia KLCI (.KLSE) recoups earlier losses to end marginally higher

FTSE Bursa Malaysia KLCI (.KLSE) recoups earlier losses to end marginally higher Bursa Malaysia recouped earlier losses to close marginally higher today, backed by improved buying sentiment in both Shariah and conventional mid-sized capitalisation stocks. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) ended 0.29 of-a-point higher at 1,679.26 compared with yesterday’s close of […]

Gold 1 OZ (XAU=X) prices glitter after Powell comments

Gold 1 OZ (XAU=X) prices glitter after Powell comments

Gold 1 OZ (XAU=X) prices glitter after Powell comments Gold bulls posed another topside push yesterday on the heels of some dovish comments from FOMC Chair, Jerome Powell. This helped Gold prices to push back above the 1400 marker after a two-week pullback from the fresh six-year-highs that were set in late-June. Yesterday’s risk rally was fairly wide-spread, […]

Japanese Yen: USD/JPY (JPY=X) Risk Aviation Causing Losses

Japanese Yen: USD/JPY (JPY=X) Risk Aviation Causing Losses

Japanese Yen: USD/JPY (JPY=X) Risk Aviation Causing Losses Strong signs from the US central bank of a near US interest rate cut contributed to stronger losses for the US dollar against other major currencies. The USD / JPY pair fell back to the support level 107.85 at the time of writing, after its recent gains, which lasted […]

Silver 1 OZ 999 NY (XAG=X) continue to see a lot of volatility in the overall global markets

Silver 1 OZ 999 NY (XAG=X) continue to see a lot of volatility in the overall global markets

Silver 1 OZ 999 NY (XAG=X) continue to see a lot of volatility in the overall global markets Silver markets went back and forth during the trading session on Thursday, as we continue to see a lot of noise in global markets. Silver of course is highly sensitive to the US dollar which of course has […]

Australian Dollar: USD/AUD (AUD=X) Rises as Fed’s Dovish Signals Continue

Australian Dollar: USD/AUD (AUD=X) Rises as Fed’s Dovish Signals Continue

Australian Dollar: USD/AUD (AUD=X) Rises as Fed’s Dovish Signals Continue Another month of sharp decline in Australian investment lending was not enough to prevent the Australian Dollar to US Dollar (AUD/USD) exchange rate recovering ground this morning. Even though lending saw a -1.7% contraction in May, defying forecasts of modest 0.5% growth, the Australian Dollar […]

Euro: USD/EUR (EUR=X) Consolidates Gains Following Dovish Powell Remarks

Euro: USD/EUR (EUR=X) Consolidates Gains Following Dovish Powell Remarks

Euro: USD/EUR (EUR=X) Consolidates Gains Following Dovish Powell Remarks The Euro to US Dollar (EUR/USD) exchange rate remains on the front foot this morning as the ‘Greenback’ continues to grapple with renewed expectations of a rate cut from the Federal Reserve this month. At the time of writing EUR/USD exchange rate is trading just shy […]

Hong Kong: HANG SENG INDEX (.HSI) shares rally on rate cut optimism

Hong Kong: HANG SENG INDEX (.HSI) shares rally on rate cut optimism

Hong Kong: HANG SENG INDEX (.HSI) shares rally on rate cut optimism Hong Kong stocks jumped today, tracking a global advance after congressional testimony by the head of the Federal Reserve all but confirmed the bank will cut interest rates at the end of the month. The Hang Seng Index rose 0.81 per cent, or […]

Australia: S&P/ASX 200 (.AXJO) higher after dovish comments from Federal Reserve chairman Jerome Powell gave markets renewed hopes of extra policy stimulus

Australia: S&P/ASX 200 (.AXJO) higher after dovish comments from Federal Reserve chairman Jerome Powell gave markets renewed hopes of extra policy stimulus

Australia: S&P/ASX 200 (.AXJO) higher after dovish comments from Federal Reserve chairman Jerome Powell gave markets renewed hopes of extra policy stimulus Australian shares closed Thursday’s trade firmly higher after dovish comments from Federal Reserve chairman Jerome Powell gave markets renewed hopes of extra policy stimulus. The S&P/ASX 200 Index rose 26.3 points, or 0.4 […]

Singapore: STI Index (.STI) shares add 0.3% as Fed chief reaffirms dovish stance

Singapore: STI Index (.STI) shares add 0.3% as Fed chief reaffirms dovish stance

Singapore: STI Index (.STI) shares add 0.3% as Fed chief reaffirms dovish stance The local equities market, like most others, has been in a limbo since last Friday’s US jobs data exceeded expectations, sending investors second-guessing the extent of rate cuts by the US Federal Reserve. On Thursday, they were reassured of the Fed’s dovishness, […]

Shanghai: SSE Composite Index (.SSEC) shares add 0.1%, blue chips close flat

Shanghai: SSE Composite Index (.SSEC) shares add 0.1%, blue chips close flat

Shanghai: SSE Composite Index (.SSEC) shares add 0.1%, blue chips close flat China stocks ticked up on Thursday as global central banks look poised to ease policies, while concerns about a slowdown in the country’s economic growth weighed on investor sentiment. At the close, the Shanghai Composite index was up 0.1% at 2,917.76. The blue-chip […]

British Pound: USD/GBP (GBP=X) Bank of England to cut interest rates in November

British Pound: USD/GBP (GBP=X) Bank of England to cut interest rates in November

British Pound: USD/GBP (GBP=X) Bank of England to cut interest rates in November Pound Sterling put in some gains against the Euro and Dollar on Thursday, July 11 with the currency exploiting a weaker Dollar and Euro, however we maintain a view that the currency will continue to struggle amidst ongoing political uncertainty and growing […]

Fed Will Exert Authority on Digital Currencies

Fed Will Exert Authority on Digital Currencies

$FB, $BTX Facebook’s (NASDAQ:FB) proposal to create its own digital currency raises major questions that must must be addressed before the plan to create a coin called Libra moves forward, Federal Chairman Powell said. “Libra raises many serious concerns regarding privacy, money laundering, consumer protection and financial stability,” Powell told lawmakers at a House Financial […]

The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports

$FDX, $LMT, $MA, $PEP, $TOT, $UPS, $V Daily HeffX-LTN reviews dozens of  the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of stocks analysts have singled out to look at carefully Thursday, as follows: FedEx Corp. (NYSE:FDX) was started with a […]

Apple Inc. (NASDAQ:AAPL) buybacks could be larger than the current Street estimates

Apple Inc. (NASDAQ:AAPL) buybacks could be larger than the current Street estimates

Apple Inc. (NASDAQ:AAPL) buybacks could be larger than the current Street estimates Evercore raises its Apple (AAPL +0.5%) price target from $215 to $217. The firm updates its June quarter model to reflect iPhone units that will likely remain muted, a strengthening commodity price tailwind, China-driven Services acceleration starting this quarter, and stabilizing China demand. Evercore […]

Dow Jones Industrial Average (.DJI) Leap to Records Following Powell’s Comments

Dow Jones Industrial Average (.DJI) Leap to Records Following Powell’s Comments

Dow Jones Industrial Average (.DJI) Leap to Records Following Powell’s Comments U.S. stocks leapt Wednesday after Federal Reserve Chairman Jerome Powell set the stage for the central bank to cut interest rates to bolster flagging growth. The Nasdaq Composite rose 0.75% to close at a record 8202.53. The S&P 500 touched a high during the […]

Tesla, Inc. (NASDAQ:TSLA) Rebound Should Continue

Tesla, Inc. (NASDAQ:TSLA) Rebound Should Continue

Tesla, Inc. (NASDAQ:TSLA) Rebound Should Continue Tesla (NASDAQ: TSLA ) Has had a bumpy road to say the least and Tesla stock has been a lot more unpredictable than any investor wants to see. The stock market is having its best year in over two decades, with the S&P 500 rising 18% through the first six months of the 2019 – […]

Facebook, Inc. (NASDAQ:FB) Crypto Needs Fed Help

Facebook, Inc. (NASDAQ:FB) Crypto Needs Fed Help

Facebook, Inc. (NASDAQ:FB) Crypto Needs Fed Help As mighty as it is, Facebook apparently can’t realize its cryptocurrency dreams alone. In response to questions from the Senate Banking Committee, the social media giant said that its planned Libra cryptocurrency will require the assistance of large public-sector organizations, articles published after market close reported. Facebook wrote […]

NASDAQ Composite (.IXIC) surged to a record high after Federal Reserve Chairman Jerome Powell signalled a willingness to cut interest rates to boost flagging economic growth

NASDAQ Composite (.IXIC) surged to a record high after Federal Reserve Chairman Jerome Powell signalled a willingness to cut interest rates to boost flagging economic growth

NASDAQ Composite (.IXIC) surged to a record high after Federal Reserve Chairman Jerome Powell signalled a willingness to cut interest rates to boost flagging economic growth The tech-heavy Nasdaq Composite surged to a record high Wednesday after Federal Reserve Chairman Jerome Powell signaled a willingness to cut interest rates to boost flagging economic growth. The […]

United States Oil (USO) US crude inventories shrank and as major producers cut nearly a third of offshore Gulf of Mexico production ahead of an expected storm

United States Oil (USO) US crude inventories shrank and as major producers cut nearly a third of offshore Gulf of Mexico production ahead of an expected storm

United States Oil (USO) US crude inventories shrank and as major producers cut nearly a third of offshore Gulf of Mexico production ahead of an expected storm Oil prices rose 4.5 per cent a barrel on Wednesday to their highest level in more than a month after US crude inventories shrank and as major producers […]

Alphabet Inc. (NASDAQ:GOOG) rallies despite appearance of bearish ‘death cross’ pattern

Alphabet Inc. (NASDAQ:GOOG) rallies despite appearance of bearish ‘death cross’ pattern

Alphabet Inc. (NASDAQ:GOOG) rallies despite appearance of bearish ‘death cross’ pattern Shares of Google-parent Alphabet Inc. GOOGL, +1.48% rose 1.2% in morning trading Wednesday, despite the appearance of a “death cross” chart pattern that suggests a bearish technical outlook. A death cross is when the 50-day moving average (DMA), a widely followed short-term trend tracker, […]

Budweiser and Alibaba Group Holding Limited (NYSE:BABA) flag Hong Kong dollar oddity

Budweiser and Alibaba Group Holding Limited (NYSE:BABA) flag Hong Kong dollar oddity

Budweiser and Alibaba Group Holding Limited (NYSE:BABA) flag Hong Kong dollar oddity The boring Hong Kong dollar has been more exciting of late. A couple months after a U.S. hedge fund manager targeted the currency, it is moving sharply. Two giant upcoming stock sales are a major factor, but the recurring phenomenon flags a peculiarity […]

Bitcoin: USD/BTC (BTC=X) declined sharply, losing close to 8% in less than two hours

Bitcoin: USD/BTC (BTC=X) declined sharply, losing close to 8% in less than two hours

Bitcoin: USD/BTC (BTC=X) declined sharply, losing close to 8% in less than two hours Bitcoin declined sharply today, losing close to 8% in less than two hours. The world’s most prominent cryptocurrency fell to as little as $12,138.37 shortly after 11:00 EDT, a roughly 7.9% drop from its intra-day high of $13,175.69 reached at roughly 09:30 EDT, CoinDesk data shows. […]

Twitter, Inc. (NYSE:TWTR) daily chart shows a “golden cross

Twitter, Inc. (NYSE:TWTR) daily chart shows a “golden cross

Twitter, Inc. (NYSE:TWTR) daily chart shows a “golden cross Twitter, Inc. (TWTR) closed the first half of 2019 at $34.90, which became a key input to my proprietary analytics. The only level left over from the first half is its annual risky level at $48.99. The daily chart shows a “golden cross,” and the weekly […]

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

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

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Off Crude Oil Up, Stocks Up Notes: Tensions have been high in the Middle East after attacks on tankers and the downing of a US drone by Iran last month, following President Trump’s withdrawal from a multi-party agreement with Tehran to end its nuclear program. […]

Ferrari (NYSE:RACE) Stock, The Bulls are In Charge

Ferrari (NYSE:RACE) Stock,  The Bulls are In Charge

$RACE FLASH: Ferrari sentiment running high, The Bulls are in-charge Ferrari (NYSE:RACE) is not your typical car company, and analyzing the stock is not a typical process, most sector analysts do not understand it and how it works, the iconic Italian Supercar maker is The Aristocrat of the Automotive sector. I have been a fan […]

Euro: USD/EUR (EUR=X) trading higher after Federal Reserve Chair Jerome Powell said the central bank will “act as appropriate” to sustain expansion as “crosscurrents”

Euro: USD/EUR (EUR=X) trading higher after Federal Reserve Chair Jerome Powell said the central bank will “act as appropriate” to sustain expansion as “crosscurrents”

Euro: USD/EUR (EUR=X) trading higher after Federal Reserve Chair Jerome Powell said the central bank will “act as appropriate” to sustain expansion as “crosscurrents” The Euro is trading higher on Wednesday after Federal Reserve Chair Jerome Powell said the central bank will “act as appropriate” to sustain expansion as “crosscurrents” are weighing on the economic […]

British Pound: USD/GBP (GBP=X) break below 1.25 drives broader Sterling weakness

British Pound: USD/GBP (GBP=X) break below 1.25 drives broader Sterling weakness

British Pound: USD/GBP (GBP=X) break below 1.25 drives broader Sterling weakness The British Pound has come under more concerted selling pressure over the past 24 hours with a fall below $1.25 against the U.S. Dollar looking to be a catalyst to the broader sell off in the wider Sterling exchange rate complex. The $1.25 level […]

Hong Kong: HANG SENG INDEX (.HSI) halted a five-day losing streak

Hong Kong: HANG SENG INDEX (.HSI) halted a five-day losing streak

Hong Kong: HANG SENG INDEX (.HSI) halted a five-day losing streak Hong Kong stocks halted a five-day losing streak on Wednesday as investors awaited a U.S. Congressional testimony by the chairman of the Federal Reserve. The Hang Seng Index closed 0.3% higher at 28,204.69. Social media major Tencent Holdings advanced 1.7% and energy producer CNOOC added 1.4% to rank […]

FTSE Bursa Malaysia KLCI (.KLSE) ends lower on selling momentum

FTSE Bursa Malaysia KLCI (.KLSE) ends lower on selling momentum

FTSE Bursa Malaysia KLCI (.KLSE) ends lower on selling momentum Bursa Malaysia closed in the red today, influenced by selling in the industrial products and services, as well as consumer products and services sectors. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) ended 3.9 points easier at 1,678.97 compared with Tuesday’s close of 1,682.87. […]

Singapore: STI Index (.STI) total return for the first six months of 2019 to 10.5%

Singapore: STI Index (.STI) total return for the first six months of 2019 to 10.5%

Singapore: STI Index (.STI) total return for the first six months of 2019 to 10.5% Total derivatives traded volume edged up 17% YoY to 20.8 million contracts in June but fell 14% MoM as compared to the volume in May, according to an SGX report. Total securities market turnover value dipped 5% MoM to $21.9b, […]

Shanghai: SSE Composite Index (.SSEC) investors shrug off news that Beijing and Washington resumed trade talks

Shanghai: SSE Composite Index (.SSEC) investors shrug off news that Beijing and Washington resumed trade talks

Shanghai: SSE Composite Index (.SSEC) investors shrug off news that Beijing and Washington resumed trade talks China stocks traded little changed on Wednesday morning as investors shrugged off news that Beijing and Washington resumed trade talks, while a flood of initial public offerings targeting Shanghai’s new tech board drew attention, diverting funds from the rest […]

Gold 1 OZ (XAU=X) Powell cited several concerns regarding the U.S. economy that traders are deeming dovish on monetary policy

Gold 1 OZ (XAU=X) Powell cited several concerns regarding the U.S. economy that traders are deeming dovish on monetary policy

Gold 1 OZ (XAU=X) Powell cited several concerns regarding the U.S. economy that traders are deeming dovish on monetary policy Gold prices are solidly higher and near daily highs in early U.S. trading Wednesday, following the just-released prepared text from Federal Reserve Chairman Jerome Powell for his speech to the U.S. House of Representatives. Powell cited […]

Australian Dollar: USD/AUD (AUD=X) lack of progress in the US-China trade talks seemed to cap attempted recovery

Australian Dollar: USD/AUD (AUD=X) lack of progress in the US-China trade talks seemed to cap attempted recovery

Australian Dollar: USD/AUD (AUD=X) lack of progress in the US-China trade talks seemed to cap attempted recovery The AUD/USD pair quickly reversed an early European session dip to fresh 2-1/2 week lows and is currently placed at the top end of its daily trading range, around the 0.6925-30 region. The pair stalled its recent downward […]

Silver 1 OZ 999 NY (XAG=X) rallied as the statement by the Federal Reserve Chairman was released ahead of his testimony in front of Congress

Silver 1 OZ 999 NY (XAG=X) rallied as the statement by the Federal Reserve Chairman was released ahead of his testimony in front of Congress

Silver 1 OZ 999 NY (XAG=X) rallied as the statement by the Federal Reserve Chairman was released ahead of his testimony in front of Congress Silver markets rallied a bit during the trading session after initially falling on Wednesday, slicing through the 200 day EMA. In fact, we even got above the $15.25 level during the […]

Australia: S&P/ASX 200 (.AXJO) up over 18% this year, set for its best run since 2009

Australia: S&P/ASX 200 (.AXJO) up over 18% this year, set for its best run since 2009

Australia: S&P/ASX 200 (.AXJO) up over 18% this year, set for its best run since 2009 It’s among the top stock markets in the world this year and inching closer to an all-time high. Australia’s benchmark S&P/ASX 200 Index has surged over 18% this year, adding about $210 billion in value despite a sluggish economy […]

Japanese Yen: USD/JPY (JPY=X) struggling to extend the momentum beyond the 109.00 handle

Japanese Yen: USD/JPY (JPY=X) struggling to extend the momentum beyond the 109.00 handle

Japanese Yen: USD/JPY (JPY=X) struggling to extend the momentum beyond the 109.00 handle The USD/JPY pair refreshed multi-week tops during the Asian session on Wednesday, albeit struggled to extend the momentum beyond the 109.00 handle. Following last week’s upbeat headline NFP print for June, diminishing odds for a 50bps point rate cut by the Fed […]

Fed Calls for Halt of Facebook’s Libra Token

Fed Calls for Halt of Facebook’s Libra Token

$FB, $BTC, $BTCUSD FLASH: Fed Chairman’s comments on Libra hammers Bitcoin price Wednesday, Fed Chairman Powell said that Facebook’s (NASDAQ:FB) plan to build a digital currency called Libra “cannot go forward” until serious concerns are addressed, comments that pressured the project and hammered the price of Bitcoin (BTC). The strong comments from the most powerful […]

Wall Street Finishes at Record Highs, Powell’s Remarks Boost Rate Cut Probability to 100%

Wall Street Finishes at Record Highs, Powell’s Remarks Boost Rate Cut Probability to 100%

$DIA, $QQQ, $SPY, $RUTX, $VXX FLASH: Stocks gained as investors interpret Fed Chairman Powell’s testimony before the House indicated a rate cut soon. Wednesday, US stocks finished higher on hopes of an interest rate cut later this month were signaled by Fed Chairman Powell’s commen to Congress that the central bank would “act as appropriate” […]

Fed’s Signal: Interest Rate Cuts Coming Soon

Fed’s Signal: Interest Rate Cuts Coming Soon

Wednesday, Fed Chairman Powell signaled that the Fed is likely to cut interest rates late this month for the 1st time in a decade in light of a weakening global economy and rising trade tensions. Delivering the central bank’s semiannual report to Congress, Chairman Powell said that since Fed officials met last month, “uncertainties around […]

The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports

$ALB, $AA, $AB, $AAPL, $BAC, $C, $PNC Daily HeffX-LTN reviews dozens of  the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of stocks analysts have singled out to look at carefully Wednesday, as follows: Albemarle Corp. (NYSE:ALB) was maintained as Overweight […]

Bitcoin (BTC) Rally Up, Rally Down, Wild Market Volatility is the Norm

Bitcoin (BTC) Rally Up, Rally Down, Wild Market Volatility is the Norm

$BTC, $BTCUSD FLASH: Bitcoin (BTC) Not a Game for Casual Players Financial markets experts agree that fast run-up in prices is a bubble. And the Big Q is always when/not if, its price will crash, and the effect of a crash?  The Financial Stability Oversight Commission recently came out with a report listing challenges to financial stability, […]

Apple Inc. (NASDAQ:AAPL) Simplicity Trumps Everything

Apple Inc. (NASDAQ:AAPL) Simplicity Trumps Everything

Apple Inc. (NASDAQ:AAPL) Simplicity Trumps Everything That’s true even though Steve Jobs is gone. Because he didn’t just create a company culture, he built a consumer culture. Apple was and still is – for the most part – all about one thing: simplicity. Advancements in technology have complicated this mission to a certain degree, but […]

Courts on Both Sides of the Atlantic Rule against Amazon.com, Inc. (NASDAQ:AMZN)

Courts on Both Sides of the Atlantic Rule against Amazon.com, Inc. (NASDAQ:AMZN)

Courts on Both Sides of the Atlantic Rule against Amazon.com, Inc. (NASDAQ:AMZN) Much like Amazon’s mega-tech counterparts Alphabet (NASDAQ: GOOGL , NASDAQ: GOOG ), Apple (NASDAQ: AAPL ), and Facebook (NASDAQ: FB ), court-related challenges have begun to plague AMZN. Thanks to a federal appeals court ruling, courts can now hold Amazon liable for products sold by third parties. Third-party sales account for about 58% of the sales on […]

Dow Jones Industrial Average (.DJI) Rally Awaits Fed Chief Powell

Dow Jones Industrial Average (.DJI) Rally Awaits Fed Chief Powell

Dow Jones Industrial Average (.DJI) Rally Awaits Fed Chief Powell Dow Jones futures were little changed early Wednesday morning, along with S&P 500 futures and Nasdaq futures, after Amazon stock and Facebook stock led Tuesday’s stock market rally. Along with the two FANG Internet giants, ServiceNow stock and Square stock claimed buy points. The current […]

United States Oil (USO) persistent Iran tensions, this week’s testimony from Fed’s Powell color oil-trading sentiment

United States Oil (USO) persistent Iran tensions, this week’s testimony from Fed’s Powell color oil-trading sentiment

United States Oil (USO) persistent Iran tensions, this week’s testimony from Fed’s Powell color oil-trading sentiment Oil futures gained on Tuesday, with U.S. prices logging a fourth straight session gain, buoyed by tensions with Iran that threaten the global flow of oil and by expectations for a weekly decline in U.S. crude supplies. Concerns over […]

NASDAQ Composite (.IXIC) slips on trade concerns

NASDAQ Composite (.IXIC) slips on trade concerns

NASDAQ Composite (.IXIC) slips on trade concerns U.S. stocks dropped on Tuesday as investors fretted over a hit to company earnings from the protracted U.S.-China trade dispute and reined in expectations of a big interest rate cut by the Federal Reserve later this month. In the latest indication of the trade dispute hurting businesses, German […]

Bitcoin: USD/BTC (BTC=X) violation of recent bearish lower highs with a move above $12,061 has opened the doors for a retest of $13,880

Bitcoin: USD/BTC (BTC=X) violation of recent bearish lower highs with a move above $12,061 has opened the doors for a retest of $13,880

Bitcoin: USD/BTC (BTC=X) violation of recent bearish lower highs with a move above $12,061 has opened the doors for a retest of $13,880 Bitcoin’s break above a key price hurdle looks to have set the tone for a retest of recent highs above $13,800. The top cryptocurrency bu market cap printed a UTC close above […]

Will rate cut hopes be dashed

Will rate cut hopes be dashed

Asian Markets are trading slightly lower overnight as everyone waits for Jerome Powell’s testimony. Both the Hang Seng and Nikkei225 losing ground by 215 and 12 points respectively. Futures markets are still pricing in a 25 basis points cut later this month whilst there is now no indication of anything further. Markets are trading in […]

Amazon and Alphabet Inc. (NASDAQ:GOOG) have brought their popular video apps to each other’s respective streaming platforms

Amazon and Alphabet Inc. (NASDAQ:GOOG) have brought their popular video apps to each other’s respective streaming platforms

Amazon and Alphabet Inc. (NASDAQ:GOOG) have brought their popular video apps to each other’s respective streaming platforms As promised back in April, Amazon and Google have brought their popular video apps to each other’s respective streaming platforms. You can now download the official YouTube app on Amazon’s Fire TV Stick (second-generation and Basic Edition), Fire […]

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