Netflix, Inc. (NASDAQ:NFLX) facing a unique new challenger in Walt Disney

Netflix, Inc. (NASDAQ:NFLX) facing a unique new challenger in Walt Disney

Netflix, Inc. (NASDAQ:NFLX) facing a unique new challenger in Walt Disney Netflix (NASDAQ: NFLX) stock has been one of the best-performing names for the past decade. Netflix stock is up more than 6,000% since 2009, and the company’s long-term growth outlook is as strong as ever. However, this year, Netflix is facing a unique new challenger in […]

Tesla (NASDAQ:TSLA) Stock Marking 2-Year Lows, Musk Tries to ‘Stop the Bleeding’

Tesla (NASDAQ:TSLA) Stock Marking 2-Year Lows, Musk Tries to ‘Stop the Bleeding’

$TSLA Tesla (NASDAQ:TSLA) sank to a 2-year low after CEO Elon Musk told employees that effective immediately he and the fledgling EV maker’s new CFO will be scrutinizing every dollar the company spends in a “hardcore” focus on costs. Almost laughable if not so futile attempt to stop the bleeding there. In an e-Mail to […]

Amazon.com, Inc. (NASDAQ:AMZN) crushed Q1 views, but sales growth has been slowing

Amazon.com, Inc. (NASDAQ:AMZN) crushed Q1 views, but sales growth has been slowing

Amazon.com, Inc. (NASDAQ:AMZN) crushed Q1 views, but sales growth has been slowing The Leaderboard stock is chasing a 1964.50 buy point. Shares climbed 2% to finish at 1,907.57 on the stock market today. Amazon stock found support at its 50-day moving average earlier this week. The e-commerce giant’s relative strength line, which tracks a stock’s performance vs. the S&P […]

Elon Musk suffered a brutal rebuke this week after major Tesla investor T. Rowe Price revealed that it had dumped 81% of its Tesla, Inc. (NASDAQ:TSLA) stock

Elon Musk suffered a brutal rebuke this week after major Tesla investor T. Rowe Price revealed that it had dumped 81% of its Tesla, Inc. (NASDAQ:TSLA) stock

Elon Musk suffered a brutal rebuke this week after major Tesla investor T. Rowe Price revealed that it had dumped 81% of its Tesla, Inc. (NASDAQ:TSLA) stock T. ROWE PRICE UNLOADS TESLA SHARES – AND IT’S NOT ALONE T. Rowe Price held just 1.7 million shares of Tesla on March 31 this year, down substantially from the […]

Dow Jones Industrial Average (.DJI) looks set for a positive open

Dow Jones Industrial Average (.DJI) looks set for a positive open

Dow Jones Industrial Average (.DJI) looks set for a positive open Global stocks traded lower across the board Thursday, although U.S. stocks look set for a positive open, as investors reacted to a series of moves by President Donald Trump, including the blacklisting of China’s Huawei Technologies from doing business with the United States, that […]

NASDAQ Composite (.IXIC) strong economic data

NASDAQ Composite (.IXIC) strong economic data

NASDAQ Composite (.IXIC) strong economic data U.S. stock indexes rose 1 percent on Thursday and were on pace to extend a two-day winning streak,lifted by better-than-expected earnings from Cisco and Walmart,and robust economic data that underscored the strength of the domestic economy. Cisco Systems Inc CSCO.O rose 6.1%, the most among the S&P and the […]

Alibaba Group Holding Limited (NYSE:BABA) earnings report highlights

Alibaba Group Holding Limited (NYSE:BABA) earnings report highlights

Alibaba Group Holding Limited (NYSE:BABA) earnings report highlights Alibaba said it expects revenue for the full fiscal year ending in March 2020 to top 500 billion yuan, which will be a 33% year-on-year increase. Net income attributable to ordinary shareholders rose to 25.83 billion yuan, from 7.56 billion yuan in the same period a year […]

United States Oil (USO) prices are delicately balanced between competing forces

United States Oil (USO) prices are delicately balanced between competing forces

United States Oil (USO) prices are delicately balanced between competing forces Oil prices have generally tracked risk appetite so far this week, dropping sharply on Monday before recovering over the last three days. Wednesday’s rally was supercharged by escalating geopolitical tensions in the Middle East; when asked whether the U.S. would go to war with […]

Apple Inc. (NASDAQ:AAPL) could eat the cost and leave iPhone prices untouched

Apple Inc. (NASDAQ:AAPL) could eat the cost and leave iPhone prices untouched

Apple Inc. (NASDAQ:AAPL) could eat the cost and leave iPhone prices untouched For more than a year, Apple Inc. avoided major damage from the U.S. trade war with China, thanks in part to a White House charm offensive by Chief Executive Officer Tim Cook. But the company now faces its first major hit — from […]

Facebook, Inc. (NASDAQ:FB) stock has too many headwinds

Facebook, Inc. (NASDAQ:FB) stock has too many headwinds

Facebook, Inc. (NASDAQ:FB) stock has too many headwinds User growth is not the end-all and be-all for Facebook (NASDAQ:FB) . Just as Snap Inc (NYSE:SNAP) didn’t crash and burn because its user growth was slipping by a few percentage points year-over-year, Facebook stock won’t rally by 30%-50% because it is is managing to increase its […]

When Will Bitcoin: USD/BTC (BTC=X) Price Correct After Biggest Rally of 2019?

When Will Bitcoin: USD/BTC (BTC=X) Price Correct After Biggest Rally of 2019?

When Will Bitcoin: USD/BTC (BTC=X) Price Correct After Biggest Rally of 2019? Starting on April 2nd, 2019, Bitcoin took off on a rocket toward $5,000 and never looked back. Since then, the first ever cryptocurrency has revived the bull market by breaking back above $6,000 without a second thought, smashing through $7,000, and reaching above […]

Bob Hawke, Australia’s 23rd prime minister and Labor Party legend, has died at the age of 89

Bob Hawke, Australia’s 23rd prime minister and Labor Party legend, has died at the age of 89

Key points: Bob Hawke was prime minister from 1983 to 1991, making him the longest-serving Labor PM He is survived by wife Blanche d’Alpuget, and his three children — Susan, Stephen and Rosslyn Current party leader Bill Shorten said Mr Hawke was the labour movement’s “greatest son” Bob Hawke, one of Australia’s greatest prime ministers, […]

Shanghai: SSE Composite Index (.SSEC) snaps two-day losing streak

Shanghai: SSE Composite Index (.SSEC) snaps two-day losing streak

Shanghai: SSE Composite Index (.SSEC) snaps two-day losing streak There is a paradox in China’s world-beating stock rally this year: defensive plays are turning out to be the best performers. While Chinese stocks have technically been in bull market territory this year following a 20 per cent gain in the Shanghai Composite Index, safe bets […]

British Pound: USD/GBP (GBP=X) Influencing Events

British Pound: USD/GBP (GBP=X) Influencing Events

British Pound: USD/GBP (GBP=X) Influencing Events The Sterling investors wait for the BOE’s Jonathan Haskel comments over the UK’s economic conditions. Haskel’s statements might find some impact on the pair laterwards as this is the only event for GBP today. The USD-specific events have occupied mainly the primary space in the event calendar than the […]

Euro: USD/EUR (EUR=X) slips as USD rebounds, Deutsche Bank eyes further losses

Euro: USD/EUR (EUR=X) slips as USD rebounds, Deutsche Bank eyes further losses

Euro: USD/EUR (EUR=X) slips as USD rebounds, Deutsche Bank eyes further losses The Euro ceded ground to a resurgent Dollar Thursday but could have a way further to fall over the coming months, according to the latest strategy note from analysts at Deutsche Bank, who advocate betting against the single currency through the summer months. Europe’s […]

Gold 1 OZ (XAU=X) consolidation at $1,300

Gold 1 OZ (XAU=X) consolidation at $1,300

Gold 1 OZ (XAU=X) consolidation at $1,300 The upward movement of gold paused when it tested the $1,300 resistance. At the current time, the price is in consolidation mode and hovering near the resistance. We expect the precious metal to bounce up and down near $1,300 until breakout happens. If gold could move down and […]

Japanese Yen: USD/JPY (JPY=X) broken down through two major retracements of this year’s rise

Japanese Yen: USD/JPY (JPY=X) broken down through two major retracements of this year’s rise

Japanese Yen: USD/JPY (JPY=X) broken down through two major retracements of this year’s rise The Japanese Yen’s current backstory is of course fundamental, with risk aversion stemming from increased US-China trade tensions supporting what is, after all, perhaps the quintessential anti-growth currency play. The US Dollar has haven appeal too, of course, but the Japanese […]

Hong Kong: HANG SENG INDEX (.HSI) confidence was shaken after the U.S. government hit Chinese telecoms giant Huawei with severe sanctions

Hong Kong: HANG SENG INDEX (.HSI) confidence was shaken after the U.S. government hit Chinese telecoms giant Huawei with severe sanctions

Hong Kong: HANG SENG INDEX (.HSI) confidence was shaken after the U.S. government hit Chinese telecoms giant Huawei with severe sanctions Hong Kong stocks ended flat on Thursday, as confidence was shaken after the U.S. government hit Chinese telecoms giant Huawei with severe sanctions. The Hang Seng index was nearly unchanged at 28,275.07, while the […]

Australia: S&P/ASX 200 (.AXJO) recovering from early weakness

Australia: S&P/ASX 200 (.AXJO) recovering from early weakness

Australia: S&P/ASX 200 (.AXJO) recovering from early weakness The Australian share market has recovered from early weakness to finish higher, with every sector rising except banking as Westpac traded ex-dividend. The benchmark S&P/ASX200 index hit its highest level in the final minutes of trade to close up 43.6 points, or 0.69 per cent, to 6,327.8 […]

Silver 1 OZ 999 NY (XAG=X) no reaction near $14.80

Silver 1 OZ 999 NY (XAG=X) no reaction near $14.80

Silver 1 OZ 999 NY (XAG=X) no reaction near $14.80 Silver traded sideways near the $14.80 resistance and there is not much reaction seen yet. Traders could expect the price to continue its consolidation near the resistance until it reaches the top of the channel. Next direction of silver will depend on the reaction near […]

Overseas investors in Singapore: STI Index (.STI) are selling out at the fastest rate in almost a decade

Overseas investors in Singapore: STI Index (.STI) are selling out at the fastest rate in almost a decade

Overseas investors in Singapore: STI Index (.STI) are selling out at the fastest rate in almost a decade Overseas investors in Southeast Asian stocks are selling out at the fastest rate in almost a decade, as key markets in the region get caught up in the escalating trade war. A group of U.S.-listed exchange-traded funds […]

Australian Dollar: USD/AUD (AUD=X) now the most important domestic data release when it comes to the outlook for RBA policy rates

Australian Dollar: USD/AUD (AUD=X) now the most important domestic data release when it comes to the outlook for RBA policy rates

Australian Dollar: USD/AUD (AUD=X) now the most important domestic data release when it comes to the outlook for RBA policy rates In what’s fast becoming a familiar theme, the Aussie weakened against all major crosses except the British pound during the session, failing to garner any support despite a further modest improvement in investor risk […]

Vystar Corporation (OTC:VYST) Trading Outlook

Vystar Corporation (OTC:VYST) Trading Outlook

Vystar Corporation (OTC:VYST) Trading Outlook 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 0.05. The projected upper bound is: 0.06. The projected lower bound is: 0.02. The projected closing price is: 0.04. Candlesticks A black body […]

NaturalShrimp Incorporated (OTC:SHMP) Trading Outlook

NaturalShrimp Incorporated (OTC:SHMP) Trading Outlook

NaturalShrimp Incorporated (OTC:SHMP) Trading Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.26. The projected lower bound is: 0.12. The projected closing price is: 0.19. Candlesticks A white body occurred (because prices closed higher than they opened). During the past […]

United States Oil (USO) risks of a slower global economy due to trade wars is acting as a counterweight on crude

United States Oil (USO)  risks of a slower global economy due to trade wars is acting as a counterweight on crude

United States Oil (USO) risks of a slower global economy due to trade wars is acting as a counterweight on crude If not for the trade war, both oil and gasoline prices could be much higher than they are now on rising tensions between the U.S. and Iran. Analysts say oil could be more than […]

Tianci International, Inc. (OTC:CIIT) Trading Outlook

Tianci International, Inc. (OTC:CIIT) Trading Outlook

Tianci International, Inc. (OTC:CIIT) Trading Outlook Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 3.73. The projected lower bound is: 2.14. The projected closing price is: 2.94. Candlesticks WARNING: These prices only contain closing prices. Thus, the candlestick analysis in this […]

A Closer Look at Facebook, Inc. (NASDAQ:FB) Stock

A Closer Look at Facebook, Inc. (NASDAQ:FB) Stock

A Closer Look at Facebook, Inc. (NASDAQ:FB) Stock Why such a cavalier attitude toward the billion-dollar fines, one might ask? Well, the quarterly results say everything. Facebook generated over $15 billion in revenue in the quarter. They grew it 26 percent year-over-year. Even adjusting for a $3 billion legal expenses (FB was smart to account […]

GEX Management, Inc. (OTC:GXXM) Trading Outlook

GEX Management, Inc. (OTC:GXXM) Trading Outlook

GEX Management, Inc. (OTC:GXXM) Trading Outlook 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 the […]

Alibaba Group Holding Limited (NYSE:BABA) Company forecasts fiscal 2020 revenue growth of at least 33%

Alibaba Group Holding Limited (NYSE:BABA) Company forecasts fiscal 2020 revenue growth of at least 33%

Alibaba Group Holding Limited (NYSE:BABA) Company forecasts fiscal 2020 revenue growth of at least 33% Alibaba Group Holding Ltd. posted sales and earnings that topped estimates as the Chinese e-commerce giant overhauled shopping recommendations to defy a slowing economy. Revenue climbed to 93.5 billion yuan ($13.6 billion) in the three months ended in March, about […]

Dow Jones Industrial Average (.DJI) made a sudden recovery after the Trump administration schemed to salvage the embattled U.S.-China trade deal

Dow Jones Industrial Average (.DJI) made a sudden recovery after the Trump administration schemed to salvage the embattled U.S.-China trade deal

Dow Jones Industrial Average (.DJI) made a sudden recovery after the Trump administration schemed to salvage the embattled U.S.-China trade deal The Dow and broader U.S. stock market erased early losses Wednesday amid reports that the Trump administration was planning to send an envoy to Beijing to resume high-stakes trade negotiations. DOW MAKES SURPRISE RECOVERY; S&P 500, […]

The rally in Apple Inc. (NASDAQ:AAPL) stock has faded, and rising risks should add to the pressure

The rally in Apple Inc. (NASDAQ:AAPL) stock has faded, and rising risks should add to the pressure

The rally in Apple Inc. (NASDAQ:AAPL) stock has faded, and rising risks should add to the pressure The case against Apple (NASDAQ:AAPL) is reasonably simple. Yes, Apple stock looks reasonably cheap. But given that earnings are potentially at a peak, AAPL shares shouldbe cheap. Not only that, it can still get even cheaper. It’s a case I’ve […]

LifeApps Brands Inc. (OTC:LFAP) Trading Outlook

LifeApps Brands Inc. (OTC:LFAP) Trading Outlook

LifeApps Brands Inc. (OTC:LFAP) Trading Outlook Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.17. The projected lower bound is: 0.07. The projected closing price is: 0.12. Candlesticks A white body occurred (because prices closed higher than they opened). During the […]

Federal National Mortgage Association (OTC:FNMA) Trading Outlook

Federal National Mortgage Association (OTC:FNMA) Trading Outlook

Federal National Mortgage Association (OTC:FNMA) Trading Outlook Overall, the bias in prices is: Upwards. The projected upper bound is: 2.85. The projected lower bound is: 2.41. The projected closing price is: 2.63. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 5 white candles […]

NASDAQ Composite (.IXIC) reclaimed some of the ground lost

NASDAQ Composite (.IXIC) reclaimed some of the ground lost

NASDAQ Composite (.IXIC) reclaimed some of the ground lost U.S. stocks on Tuesday reclaimed some of the ground lost in the prior day’s steep sell-off, with tariff-sensitive technology stocks leading the S&P 500 and the Nasdaq higher as investors were heartened by a tonal shift in U.S.-China trade rhetoric. All three major U.S. indexes closed […]

Alphabet Inc. (NASDAQ:GOOG) Target $1300

Alphabet Inc. (NASDAQ:GOOG) Target $1300

Alphabet Inc. (NASDAQ:GOOG) Target $1300 Deutsche said Alphabet has one of the “best” ad product pipelines. “We increase our estimates and confidence in the medium-term outlook for Alphabet shares coming out of the Google Marketing Live keynote in San Francisco, where we see an accelerating pace of new ad product making us meaningfully more confident in the 2020 outlook. […]

Tesla, Inc. (NASDAQ:TSLA) waning demand threatens to shrink sales

Tesla, Inc. (NASDAQ:TSLA) waning demand threatens to shrink sales

Tesla, Inc. (NASDAQ:TSLA) waning demand threatens to shrink sales Tesla investors are having a forgettable year as the stock has made them poorer by more than 30%. The Elon Musk-led company’s stock fell to two-year lows earlier this week. But independent investment banking advisory firm Evercore ISI believes that the bloodbath isn’t done yet and […]

Toga Limited (OTC:TOGL) Trading Outlook

Toga Limited (OTC:TOGL) Trading Outlook

Toga Limited (OTC:TOGL) Trading Outlook 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 0.89. The projected upper bound is: 1.02. The projected lower bound is: 0.84. The projected closing price is: 0.93. Candlesticks A big black […]

YBCC, Inc. (OTC:YBAO) Trading Outlook

YBCC, Inc. (OTC:YBAO) Trading Outlook

YBCC, Inc. (OTC:YBAO) Trading Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 0.42. The projected lower bound is: 0.05. The projected closing price is: 0.24. Candlesticks WARNING: These prices only contain closing prices. Thus, the candlestick analysis in this expert […]

Warren Buffett’s Berkshire Hathaway’s Amazon.com, Inc. (NASDAQ:AMZN) position has finally been revealed

Warren Buffett’s Berkshire Hathaway’s Amazon.com, Inc. (NASDAQ:AMZN) position has finally been revealed

Warren Buffett’s Berkshire Hathaway’s Amazon.com, Inc. (NASDAQ:AMZN) position has finally been revealed Warren Buffett’s Berkshire Hathaway’s Amazon.com, Inc. (NASDAQ:AMZN) position has finally been revealed, and it’s pretty sizable. According to the 13F data, Buffett’s company had 483,300 shares wroth of Amazon worth around $860.6 million at the end of March. While it’s a relatively big position for […]

Bitcoin: USD/BTC (BTC=X) new 2019 high for the biggest cryptocurrency

Bitcoin: USD/BTC (BTC=X) new 2019 high for the biggest cryptocurrency

Bitcoin: USD/BTC (BTC=X) new 2019 high for the biggest cryptocurrency Another day, another new high for the bitcoin price. Bitcoin is currently trading at nearly $8,300, which according to CoinMarketCap data is a new 2019 high for the biggest cryptocurrency. On Coinbase, the BTC price already attained $8,300 though it has pulled back slightly. While it’s […]

Ironclad Encryption Corporation (OTC:IRNC) Trading Outlook

Ironclad Encryption Corporation (OTC:IRNC) Trading Outlook

Ironclad Encryption Corporation (OTC:IRNC) Trading Outlook Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 0.06. The projected upper bound is: 0.04. The projected lower bound is: -0.01. The projected closing price is: 0.02. Candlesticks A white body occurred (because prices closed higher than they opened). During […]

Ferriol Takes Charge Of Luxurious New Meliá Ho Tram Beach Resort in Vietnam

Ferriol Takes Charge Of Luxurious New Meliá Ho Tram Beach Resort in Vietnam

HO TRAM, Vietnam (May 16, 2019) – A seasoned professional with substantial luxury hospitality experience in Europe and Asia and an enthusiasm for employee development and relations has been appointed to the helm of the new five-star Meliá Ho Tram Beach Resort. Spanish-born Manuel Ferriol is spearheading the opening of the 17-hectare beachfront property at Ho […]

Hong Kong: HANG SENG INDEX (.HSI) stocks bounce as they recovered partially from Monday’s sharp losses

Hong Kong: HANG SENG INDEX (.HSI) stocks bounce as they recovered partially from Monday’s sharp losses

Hong Kong: HANG SENG INDEX (.HSI) stocks bounce as they recovered partially from Monday’s sharp losses Shares in Asia were higher on Wednesday following an earlier slump this week as trade tensions between the U.S. and China escalated. Mainland Chinese shares advanced on the day, with the Shanghai composite adding 1.91% to 2,938.68 and the […]

Australian Dollar: USD/AUD (AUD=X) remains pressured despite a modest improvement in investor risk appetite

Australian Dollar: USD/AUD (AUD=X) remains pressured despite a modest improvement in investor risk appetite

Australian Dollar: USD/AUD (AUD=X) remains pressured despite a modest improvement in investor risk appetite The Australian dollar remains pressured with traders paying scant regard to a modest rebound in stocks and commodities on Tuesday. With the exception of the Japanese yen and British pound, the movements in the AUD elsewhere were negligible despite renewed confidence […]

Gold 1 OZ (XAU=X) remained below the psychologically significant price of $1,300

Gold 1 OZ (XAU=X) remained below the psychologically significant price of $1,300

Gold 1 OZ (XAU=X) remained below the psychologically significant price of $1,300 Gold prices finished modestly higher Wednesday, although remained below the psychologically significant price of $1,300, as benchmark U.S. stock indexes shook off earlier losses to move up by the time gold futures settled. The precious metal saw support “as tensions increased with Iran, […]

Shanghai: SSE Composite Index (.SSEC) stocks gain

Shanghai: SSE Composite Index (.SSEC) stocks gain

Shanghai: SSE Composite Index (.SSEC) stocks gain Markets eased today as President Donald Trump called the US-China trade war “a little squabble” and tweeted that the deal would happen “much faster than people think.” The hope that China may boost the slowing economy with a fresh fiscal stimulus also pushed the markets up. China’s Shanghai Composite Index rose 1.91% […]

Silver 1 OZ 999 NY (XAG=X) expected to “explode” if the right trigger hits the market

Silver 1 OZ 999 NY (XAG=X) expected to “explode” if the right trigger hits the market

Silver 1 OZ 999 NY (XAG=X) expected to “explode” if the right trigger hits the market A series of lower highs off the February 20 high print dominates Silver’s chart and suggests lower prices ahead. Silver currently changes hands at $14.82 and is under pressure from a technical perspective, as it trades below all three […]

Australia: S&P/ASX 200 (.AXJO) upbeat comments from US President Donald Trump soothed investors’ nerves

Australia: S&P/ASX 200 (.AXJO) upbeat comments from US President Donald Trump soothed investors’ nerves

Australia: S&P/ASX 200 (.AXJO) upbeat comments from US President Donald Trump soothed investors’ nerves Australian shares rebounded firmly on Wednesday, recovering almost all their losses from the previous session, as upbeat comments from US President Donald Trump soothed investors’ nerves. The S&P/ASX 200 Index rose 44.3 points, or 0.7 per cent, to 6284.2 while the broader […]

Japanese Yen: USD/JPY (JPY=X) posted four straight winning weeks, possible consolidation phase

Japanese Yen: USD/JPY (JPY=X) posted four straight winning weeks, possible consolidation phase

Japanese Yen: USD/JPY (JPY=X) posted four straight winning weeks, possible consolidation phase USD/JPY is almost unchanged on Wednesday. In the North American session, the pair is trading at 109.57, down 0.03% on the day. There are no major Japanese events. In the U.S., retail sales and core retail sales both missed expectations. On Thursday, the […]

Euro: USD/EUR (EUR=X) sits at one-week low after GDP boost as trade risks weigh

Euro: USD/EUR (EUR=X) sits at one-week low after GDP boost as trade risks weigh

Euro: USD/EUR (EUR=X) sits at one-week low after GDP boost as trade risks weigh The Euro was languishing at a one-week low Wednesday after official figures confirming a pickup in the economy during the first-quarter failed to inspire a bid for the single currency, with the data coming as major banks continue to downgrade their […]

Singapore: STI Index (.STI) U.S. President Donald Trump’s upbeat remarks on Sino-U.S. trade talks helped repair bruised optimism

Singapore: STI Index (.STI)  U.S. President Donald Trump’s upbeat remarks on Sino-U.S. trade talks helped repair bruised optimism

Singapore: STI Index (.STI) U.S. President Donald Trump’s upbeat remarks on Sino-U.S. trade talks helped repair bruised optimism Most Southeast Asian stock markets advanced on Wednesday, following a firmer finish on the Wall Street, as U.S. President Donald Trump’s upbeat remarks on Sino-U.S. trade talks helped repair bruised optimism. All three major U.S. stock indexes […]

Alphabet Inc. (NASDAQ:GOOG) fell after Morgan Stanley analysts write that the stock will likely continue to sink in the short term

Alphabet Inc. (NASDAQ:GOOG) fell after Morgan Stanley analysts write that the stock will likely continue to sink in the short term

Alphabet Inc. (NASDAQ:GOOG) fell after Morgan Stanley analysts write that the stock will likely continue to sink in the short term Google parent company Alphabet was down 1% Tuesday after Morgan Stanley analysts warned the stock will continue to deteriorate in the short term. The drop shaved more than $8 billion from Alphabet’s market cap, […]

Tesla, Inc. (NASDAQ:TSLA) reached a $US13 million settlement on May 10 with former contractor Teodora Tapia

Tesla, Inc. (NASDAQ:TSLA) reached a $US13 million settlement on May 10 with former contractor Teodora Tapia

Tesla, Inc. (NASDAQ:TSLA) reached a $US13 million settlement on May 10 with former contractor Teodora Tapia Tesla reached a $US13 million settlement on May 10 with former contractor Teodora Tapia, who was left “permanently disabled” after being hit by a Model S sedan, according to Parris Law Firm, which represented Tapia. A Tesla representative told […]

United States Oil (USO) API reportedly showed a stockpile increases of 567,000 barrels

United States Oil (USO) API reportedly showed a stockpile increases of 567,000 barrels

United States Oil (USO) API reportedly showed a stockpile increases of 567,000 barrels The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 8.6 million barrels for the week ended May 10, according to sources. The API also reportedly showed a stockpile increases of 567,000 barrels in gasoline and 2.2 million barrels […]

Facebook, Inc. (NASDAQ:FB) could be subject to 20 years of government oversight

Facebook, Inc. (NASDAQ:FB) could be subject to 20 years of government oversight

Facebook, Inc. (NASDAQ:FB) could be subject to 20 years of government oversight Facebook could be subject to 20 years of government oversight as part of a potential agreement with the U.S. government, according to a source familiar with the discussions who spoke to Reuters. Overall, the bias in prices is: Upwards. The projected upper bound […]

Traders appear to be taking profits in Alibaba Group Holding Limited (NYSE:BABA) ahead of earnings

Traders appear to be taking profits in Alibaba Group Holding Limited (NYSE:BABA) ahead of earnings

Traders appear to be taking profits in Alibaba Group Holding Limited (NYSE:BABA) ahead of earnings While the options market saw higher call activity ahead of the e-commerce company’s earnings report Wednesday morning, generally a bullish signal, most of those calls were actually being sold — a sign that traders might be getting cold feet ahead […]

Apple Inc. (NASDAQ:AAPL) Trade War Impact?

Apple Inc. (NASDAQ:AAPL) Trade War Impact?

Apple Inc. (NASDAQ:AAPL) Trade War Impact? Apple is currently safe from President Donald Trump and his administration’s decision to increase tariffs on $200 billion worth of Chinese products. Trump last Friday officially increased tariffs to 25% from 10% as the world’s two largest economies try to navigate toward a trade war resolution. Since then, the […]

Dow Jones Industrial Average (.DJI) regained some of its bullish form

Dow Jones Industrial Average (.DJI) regained some of its bullish form

Dow Jones Industrial Average (.DJI) regained some of its bullish form U.S. stocks closed higher Tuesday as the market regained some of its bullish form, a day after a sharp escalation in U.S.-China trade tensions triggered the worst session for major indexes since early January. The start of the week was marked by a ramp-up […]

NASDAQ Composite (.IXIC) trade worries remain a cloud over Wall Street

NASDAQ Composite (.IXIC) trade worries remain a cloud over Wall Street

NASDAQ Composite (.IXIC) trade worries remain a cloud over Wall Street The Nasdaq composite and small-cap stocks led a bounce on Wall Street Tuesday, but the stock market made up less than half of the prior day’s losses. The Nasdaq rose 1.1%, the S&P 500 gained 0.8%, and the Dow Jones Industrial Average tacked on […]

Twitter, Inc. (NYSE:TWTR) entering a new chapter with a recent surge above a potential buy point

Twitter, Inc. (NYSE:TWTR) entering a new chapter with a recent surge above a potential buy point

Twitter, Inc. (NYSE:TWTR) entering a new chapter with a recent surge above a potential buy point After a much-hyped IPO in November 2013, social media giant Twitter (TWTR) has struggled to maintain any significant stock price appreciation. But the company may be entering a new chapter with a recent surge above a potential buy point. Twitter stock is […]

Bitcoin: USD/BTC (BTC=X) surged hitting its highest mark since last July

Bitcoin: USD/BTC (BTC=X) surged hitting its highest mark since last July

Bitcoin: USD/BTC (BTC=X) surged hitting its highest mark since last July Bitcoin just surged past $8,000 on Tuesday, hitting its highest mark since last July. It tapered off slightly by mid-afternoon, but is still trading at its highest level in nearly a year. What’s going on? Bullish experts say the strong showing could signal that […]

The red carpet looks of the 72nd Cannes Film Festival

The red carpet looks of the 72nd Cannes Film Festival

Cannes is in full swing as celebrities flock to the French city for another year of the film festival. Alice Rohrwacher, Elle Fanning, Alejandro Gonzalez. Even before the 2019 Cannes Film Festival began today, there was controversy—comme toujours. Last month, the news that French actor Alain Delon would receive an honorary Palme d’Or was met […]

Bitcoin’s (BTCUSD) Rally Cheers Some, Worries Others

Bitcoin’s (BTCUSD) Rally Cheers Some, Worries Others

$BTCUSD Tuesday, Bitcoin (BTCUSD) hit its highest mark in 10 months, raising hopes among cryptocurrency fans of greater mainstream acceptance, but others urged investor caution. Bitcoin, which lost 75% of its value in Y 2018, has soared by 24% since Friday and more than 2X’d in price so far this year. Currently Bitcoin is trading […]

Australia: S&P/ASX 200 (.AXJO) plummeted after renewed concerns about US-Chinese trade tensions

Australia: S&P/ASX 200 (.AXJO) plummeted after renewed concerns about US-Chinese trade tensions

Australia: S&P/ASX 200 (.AXJO) plummeted after renewed concerns about US-Chinese trade tensions The Australian share market has plummeted after renewed concerns about US-Chinese trade tensions led to large losses on Wall Street overnight. The benchmark S&P/ASX200 index was down 57.7 points, or 0.92 per cent, to 6,239.9 points at 1615 AEST on Tuesday, while the […]

Silver 1 OZ 999 NY (XAG=X) failed to follow gold higher

Silver 1 OZ 999 NY (XAG=X) failed to follow gold higher

Silver 1 OZ 999 NY (XAG=X) failed to follow gold higher SILVER PRICES failed to follow gold higher again on Tuesday, missing out on a gain for the 4th session running as gold slipped $5 from an overnight pop to $1300 per ounce amid worsening US-led trade war with Europe and China. Chinese manufacturers of solar-energy […]

Australian Dollar: USD/AUD (AUD=X) could weaken further

Australian Dollar: USD/AUD (AUD=X) could weaken further

Australian Dollar: USD/AUD (AUD=X) could weaken further Vastly improved downward momentum suggests AUD could weaken further but 0.6910 could be just out of reach for now. The anticipated weakness in AUD exceeded our expectation as it not only cracked 0.6970 but also the strong level of 0.6950 (overnight low of 0.6941). The vastly improved downward […]

Shanghai: SSE Composite Index (.SSEC) shares fell as tensions between the United States and China intensified

Shanghai: SSE Composite Index (.SSEC) shares fell as tensions between the United States and China intensified

Shanghai: SSE Composite Index (.SSEC) shares fell as tensions between the United States and China intensified Shares in Asia were lower on Tuesday, a day after Beijing raised tariffs on some American goods in retaliation for Washington’s decision last week to increase duties on Chinese products. Mainland Chinese shares slipped on the day, with the […]

Hong Kong: HANG SENG INDEX (.HSI) leads Asia stocks lower

Hong Kong: HANG SENG INDEX (.HSI) leads Asia stocks lower

Hong Kong: HANG SENG INDEX (.HSI) leads Asia stocks lower Asia Pacific stocks fell Tuesday, on the heels of a 2% drop at the start of the week for U.S. markets. Many indexes bounced off opening lows in early trading, with Japan’s Nikkei cutting its early losses by two-thirds as the trading day ramped up. […]

Singapore: STI Index (.STI) saw red as the trade war between China and the United States threatened to spiral out of control

Singapore: STI Index (.STI) saw red as the trade war between China and the United States threatened to spiral out of control

Singapore: STI Index (.STI) saw red as the trade war between China and the United States threatened to spiral out of control Asian markets saw red yesterday as the trade war between China and the United States threatened to spiral out of control, with both upping the ante. Bourses in Hong Kong, China and Japan […]

British Pound: USD/GBP (GBP=X) could dip below 1.2930

British Pound: USD/GBP (GBP=X) could dip below 1.2930

British Pound: USD/GBP (GBP=X) could dip below 1.2930 GBP could dip below 1.2930 but next support at 1.2900 could be just out of reach. Expectation for GBP to trade sideways yesterday was incorrect as it reversed quickly after touching 1.3040. While the sharp and swift drop to an overnight low of 1.2942 appears to be […]

Euro: USD/EUR (EUR=X) weakness is expected to face solid support at 1.1205

Euro: USD/EUR (EUR=X) weakness is expected to face solid support at 1.1205

Euro: USD/EUR (EUR=X) weakness is expected to face solid support at 1.1205 Intraday risk is tilted to the downside but expect strong support at 1.1205. EUR traded between 1.1220 and 1.1265 yesterday, close to our expected sideway trading range of 1.1215/1.1265. The rapid set-back from 1.1265 has weakened the underlying tone and the intraday risk […]

Gold 1 OZ (XAU=X) bulls in a much better technical posture

Gold 1 OZ (XAU=X) bulls in a much better technical posture

Gold 1 OZ (XAU=X) bulls in a much better technical posture Gold prices are slightly lower in early-morning U.S. trading Tuesday. Prices did poke to a four-week high overnight. The yellow metal is seeing a normal corrective pullback following Monday’s good gains, which put the bulls in a much better technical posture. June gold futures […]

Australia: S&P/ASX 200 (.AXJO) banks went ex-dividend and housing finance approvals came in weaker than expected

Australia: S&P/ASX 200 (.AXJO) banks went ex-dividend and housing finance approvals came in weaker than expected

Australia: S&P/ASX 200 (.AXJO) banks went ex-dividend and housing finance approvals came in weaker than expected The Australian share market has closed lower, pulled down by the financial sector as two banks went ex-dividend and housing finance approvals came in weaker than expected. The benchmark S&P/ASX200 index finished down 13.3 points, or 0.21 per cent, […]

Is Euro: USD/EUR (EUR=X) rally on trade tensions sustainable?

Is Euro: USD/EUR (EUR=X)  rally on trade tensions sustainable?

Is Euro: USD/EUR (EUR=X) rally on trade tensions sustainable? EUR/USD kept a cautious upward bias on Friday. After a slow start, the pair was propelled to the mid 1.12 area as US CPI data (slightly) missed market expectations. US-German interest rate differentials initially narrowed further, but this move was partially reversed at the end of […]

British Pound: USD/GBP (GBP=X) suddenly turns on global risk sell-off

British Pound: USD/GBP (GBP=X) suddenly turns on global risk sell-off

British Pound: USD/GBP (GBP=X) suddenly turns on global risk sell-off Pound Sterling starts the new week slightly firmer against the Euro with 1 GBP buying 1.1585 EUR on the inter-bank market. The Pound suffered five consecutive days of losses against the Euro last week, with the exchange rate falling over a percent and a half, confirming […]

Silver 1 OZ 999 NY (XAG=X) continues its bearish movement

Silver 1 OZ 999 NY (XAG=X) continues its bearish movement

Silver 1 OZ 999 NY (XAG=X) continues its bearish movement On the long-term outlook, XAGUSD continues its bearish movement. The Bearish movement continues last week as predicted. There was a breakout at the lower trend line of the triangle and the Bears exerted more pressure last week and the price moved towards $14 level. The Bears […]

Japanese Yen: USD/JPY (JPY=X) Japanese economic schedules are light as far as major economic releases are concerned

Japanese Yen: USD/JPY (JPY=X) Japanese economic schedules are light as far as major economic releases are concerned

Japanese Yen: USD/JPY (JPY=X) Japanese economic schedules are light as far as major economic releases are concerned Uncertainty over U.S.-China trade relations drove the price action last week in the Japanese Yen. It wasn’t the actual possibility that a potential trade deal would fall apart and the trade dispute between the economic powerhouses would escalate, […]

Gold 1 OZ (XAU=X) fell as Sino-U.S. trade tensions and uncertainty over a deal weighed on yuan

Gold 1 OZ (XAU=X) fell as Sino-U.S. trade tensions and uncertainty over a deal weighed on yuan

Gold 1 OZ (XAU=X) fell as Sino-U.S. trade tensions and uncertainty over a deal weighed on yuan Gold prices fell on Monday as Sino-U.S. trade tensions and uncertainty over a deal weighed on yuan, making bullion expensive for buyers in world’s largest consumer – China. Spot gold was down 0.3% at $1,282.78 per ounce, as […]

Hong Kong: HANG SENG INDEX (.HSI) deepening sense of unease among investors

Hong Kong: HANG SENG INDEX (.HSI) deepening sense of unease among investors

Hong Kong: HANG SENG INDEX (.HSI) deepening sense of unease among investors It is becoming evident that the U.S./Chinese trade issues are going to become a point of contention for the markets going forward. We’ve been reviewing as much news as possible in an attempt to build a consensus for the future of the U.S. […]

Singapore: STI Index (.STI) with US and China deadlocked in trade deal negotiations and uncertainty growing among investors

Singapore: STI Index (.STI) with US and China deadlocked in trade deal negotiations and uncertainty growing among investors

Singapore: STI Index (.STI) with US and China deadlocked in trade deal negotiations and uncertainty growing among investors With the US and China deadlocked in trade deal negotiations and uncertainty growing among investors, the Singapore market started the week in negative territory, continuing to trend downwards in the afternoon session. While the market rebounded on […]

Australian Dollar: USD/AUD (AUD=X) falling back into key support level

Australian Dollar: USD/AUD (AUD=X) falling back into key support level

Australian Dollar: USD/AUD (AUD=X) falling back into key support level AUD/USD has been in consolidation mode over the past fortnight, with the pair exhibiting lower highs and largely flatlining lows during that time. We are seeing a return to that $0.6962 support level this morning, with the reaction to that level likely to prove key to […]

Larneuk Offers Great Value in Victoria

Larneuk Offers Great Value in Victoria

Larneuk Offers Great Value in Victoria O’ what a lineup! Offering tremendous value with its 3-strong roster, Victoria’s Larneuk Stud has announced stallion fees for the 2019 season. O’LonhroLeading the charge is the proven, O’Lonhro, but the Group producing son of Lonhro (83 stakes winners) is ably supported by the up and comers in Cluster […]

United States Oil (USO) investors and traders fretted over global economic growth prospects

United States Oil (USO) investors and traders fretted over global economic growth prospects

United States Oil (USO) investors and traders fretted over global economic growth prospects Oil futures were mixed on Monday, with U.S. crude edging lower, as investors and traders fretted over global economic growth prospects amid a standoff in Sino-U.S. trade talks. U.S. West Texas Intermediate (WTI) futures were at $61.58 per barrel, down 9 cents, or 0.2% at […]

NASDAQ Composite (.IXIC) rebounded from early losses to snap a four-day losing streak

NASDAQ Composite (.IXIC) rebounded from early losses to snap a four-day losing streak

NASDAQ Composite (.IXIC) rebounded from early losses to snap a four-day losing streak US stocks have rebounded from early losses to snap a four-day losing streak after US President Donald Trump and Treasury Secretary Steven Mnuchin said trade talks between the United States and China were “constructive”. The benchmark S&P 500 index had dropped as […]

Dow Jones Industrial Average (.DJI) China Trade War Pressures Stock Market Rally

Dow Jones Industrial Average (.DJI) China Trade War Pressures Stock Market Rally

Dow Jones Industrial Average (.DJI) China Trade War Pressures Stock Market Rally Dow Jones futures fell sharply Sunday, along with S&P 500 futures and Nasdaq futures. President Donald Trump said Sunday that the U.S. is “right where we want to be” as the China trade war escalates. But the current stock market rally is under […]

Despite Challenges, Alibaba Group Holding Limited (NYSE:BABA) Is a Safer Bet on China

Despite Challenges, Alibaba Group Holding Limited (NYSE:BABA)  Is a Safer Bet on China

Despite Challenges, Alibaba Group Holding Limited (NYSE:BABA) Is a Safer Bet on China The Chinese e-commerce giant, Alibaba (NYSE:BABA) has a lot at stake when it reports 4Q earnings on Wednesday. Its shares have rallied about 30% since the January lows, on optimism that the Chinese consumer economy remains strong enough to support expansion in the company’s […]

Bitcoin: USD/BTC (BTC=X) recorded double-digit gains over the weekend

Bitcoin: USD/BTC (BTC=X) recorded double-digit gains over the weekend

Bitcoin: USD/BTC (BTC=X) recorded double-digit gains over the weekend Bitcoin climbed to its highest mark since September, jumping over $US7,500 ($10,865) at one stage, as a rally in cryptocurrencies gathered pace in weekend trading. Bitcoin advanced 12 per cent from Friday to $US7,033.41 at midday AEST, having earlier hit $US7,585, according to Bitstamp pricing. The […]

Darkstar Ventures, Inc. (DAVC:PK) taken the market by storm

Darkstar Ventures, Inc. (DAVC:PK) taken the market by storm

Darkstar Ventures, Inc. (DAVC:PK) taken the market by storm Darkstar Ventures Inc (OTCMKTS: DAVC) has taken the market by storm on announcing plans to merge with Samsara Luggage. Shares of the company have exploded up the charts on the news. DARKSTAR VENTURE PRICE ANALYSIS A merger with Samsara could not have come at a better time […]

Tesla, Inc. (NASDAQ:TSLA) Turns out there’s more ways to use Autopilot than we imagined

Tesla, Inc. (NASDAQ:TSLA) Turns out there’s more ways to use Autopilot than we imagined

Tesla, Inc. (NASDAQ:TSLA) Turns out there’s more ways to use Autopilot than we imagined Elon Musk, who’s had federal regulators scrutinising his Twitter feed and Tesla’s Autopilot technology, invited fresh attention to both by making light of a pornographic video filmed inside one of the company’s cars. The chief executive officer sent a series of tweets loaded with double […]

Apple Inc. (NASDAQ:AAPL) paid investors $363 billion to continue holding the stock

Apple Inc. (NASDAQ:AAPL) paid investors $363 billion to continue holding the stock

Apple Inc. (NASDAQ:AAPL) paid investors $363 billion to continue holding the stock Apple shares have outperformed the stock market this year, riding up 27% year-to-date vs. 15% for the S&P 500 index*. That is counterintuitive because, frankly, Apple is struggling. iPhone sales declined -17% year-on-year in the last quarter, despite the introduction of new, higher-priced […]

Japanese Yen: USD/JPY (JPY=X) Treasury yields rose and demand for risk increased amid optimism over U.S.-China relations

Japanese Yen: USD/JPY (JPY=X) Treasury yields rose and demand for risk increased amid optimism over U.S.-China relations

Japanese Yen: USD/JPY (JPY=X) Treasury yields rose and demand for risk increased amid optimism over U.S.-China relations The Dollar/Yen rallied on Friday as Treasury yields rose and demand for risk increased amid optimism over U.S.-China relations. Although a trade deal between the two economic powerhouses wasn’t reached, the price action suggests investors felt there was […]

Australia: S&P/ASX 200 (.AXJO) poised to start Monday trade on a positive note

Australia: S&P/ASX 200 (.AXJO) poised to start Monday trade on a positive note

Australia: S&P/ASX 200 (.AXJO) poised to start Monday trade on a positive note The sharemarket is poised to start Monday trade on a positive note ahead of what is likely to be a volatile week dominated by the renewed US-China trade skirmish and the release of key unemployment data. Futures markets suggest the benchmark S&P/ASX […]

Gold 1 OZ (XAU=X) Buy on Dips

Gold 1 OZ (XAU=X) Buy on Dips

Gold 1 OZ (XAU=X) Buy on Dips Overall, the bias in prices is: Sideways. The projected upper bound is: 1,305.84. The projected lower bound is: 1,264.28. The projected closing price is: 1,285.06. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 5 white candles […]

Euro: USD/EUR (EUR=X) rejected by 50-day moving average

Euro: USD/EUR (EUR=X) rejected by 50-day moving average

Euro: USD/EUR (EUR=X) rejected by 50-day moving average The Euro-to-Dollar rate is set to begin trading around 1.1232 Sunday after rising by a quarter of a percent during the previous week, although studies of the charts suggest further upside may be increasingly difficult for the single currency to attain over the coming days.   Europe’s currency […]

British Pound: USD/GBP (GBP=X) takes cues from jobs data; USD retail sales

British Pound: USD/GBP (GBP=X) takes cues from jobs data; USD retail sales

British Pound: USD/GBP (GBP=X) takes cues from jobs data; USD retail sales The Pound-to-Dollar rate is set to begin trading around 1.3000 on Sunday after closing more than one percent lower last week, although studies of the charts suggest the outlook for the exchange rate has turned neutral of late.  Sterling still ceded ground to […]

Australian Dollar: USD/AUD (AUD=X) prices are stalling

Australian Dollar: USD/AUD (AUD=X) prices are stalling

Australian Dollar: USD/AUD (AUD=X) prices are stalling China remains gripped in a slowdown, which is bad news for Australia, as the Asian giant is China’s largest trading partner. Chinese manufacturing PMI dropped to 50.1 in April, pointing to stagnation. Building approvals swung wildly, falling 15.5% in March, after a gain of 19.1% a month earlier. […]

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