Australia: S&P/ASX 200 (.AXJO) Miners lead market gains in volatile day

Australia: S&P/ASX 200 (.AXJO) Miners lead market gains in volatile day

Australia: S&P/ASX 200 (.AXJO) Miners lead market gains in volatile day Australian shares opened the week’s trading higher on Monday despite dipping into the red twice through the middle of the day as the market extended volatility from last week. The Fortescue Metals Group Limited (ASX: FMG) share price has continued its stunning form and is the best […]

Silver 1 OZ 999 NY (XAG=X) rices fall on weak global cues

Silver 1 OZ 999 NY (XAG=X) rices fall on weak global cues

Silver 1 OZ 999 NY (XAG=X) rices fall on weak global cues This week precious metals traders will be monitoring the tone in the U.S. dollar ahead of a Federal Reserve meeting expected to shed more light on the outlook for U.S. interest rate hikes this year. The Fed is widely expected to keep monetary […]

Shanghai: SSE Composite Index (.SSEC) stocks higher, blue-chip CSI300 index up

Shanghai: SSE Composite Index (.SSEC) stocks higher, blue-chip CSI300 index up

Shanghai: SSE Composite Index (.SSEC) stocks higher, blue-chip CSI300 index up China’s major stock indexes closed near their 6-1/2-month highs on Monday, as sentiment was bolstered by high expectations of the U.S. Federal Reserve taking a dovish stance at its policy meeting this week and Beijing’s policy boost for growth. At the close, the blue-chip […]

Hong Kong: HANG SENG INDEX (.HSI) stocks tracked the mainland Chinese markets higher

Hong Kong: HANG SENG INDEX (.HSI) stocks tracked the mainland Chinese markets higher

Hong Kong: HANG SENG INDEX (.HSI) stocks tracked the mainland Chinese markets higher Hong Kong stocks tracked the mainland Chinese markets higher on Monday and closed at a nine-month peak, buoyed by expectations of the U.S. Federal Reserve taking a dovish stance at its policy meeting this week and Beijing rolling out more policy measures […]

Australian Dollar: USD/AUD (AUD=X) Fed Decisions Put Aussie in Spotlight

Australian Dollar: USD/AUD (AUD=X) Fed Decisions Put Aussie in Spotlight

Australian Dollar: USD/AUD (AUD=X) Fed Decisions Put Aussie in Spotlight The Australian and New Zealand Dollars finished higher last week on relatively low volatility. In the absence of major economic releases and central bank activity, traders had to rely on outside influences such as Brexit, U.S.-China trade relations and Chinese stimulus measures. Mixed U.S. economic […]

New Zealand Dollar: NZD/USD (NZD=X) gradually making a new higher highs and lower lows

New Zealand Dollar: NZD/USD (NZD=X) gradually making a new higher highs and lower lows

New Zealand Dollar: NZD/USD (NZD=X) gradually making a new higher highs and lower lows The New Zealand Dollar is gradually making a new higher highs and lower lows since the currency pair bounced off a support level formed by the 200-hour simple moving average at 0.6809 on March 14. The exchange rate tested a resistance […]

British Pound: USD/GBP (GBP=X) tipped to rise as uptrend extends

British Pound: USD/GBP (GBP=X) tipped to rise as uptrend extends

British Pound: USD/GBP (GBP=X) tipped to rise as uptrend extends The Pound-to-Dollar rate is to begin trading around 1.3285 Sunday after rising more than 2.0% in the previous week, although the exchange rate still has further to climb over the coming days, according to technical studies of charts. The pair rose after the UK Parliament […]

Japanese Yen: USD/JPY (JPY=X) moving towards the top of the bullish channel

Japanese Yen: USD/JPY (JPY=X) moving towards the top of the bullish channel

Japanese Yen: USD/JPY (JPY=X) moving towards the top of the bullish channel The USD/JPY bullish break could see price move towards the top of the bullish channel and the Fibonacci targets of wave 5 vs 1+3. This breakout could be part of an impulsive third wave (purple) whereas a bearish breakout could indicate a pauze […]

Euro: USD/EUR (EUR=X) investors are focused on macro data updates for short term profit opportunities

Euro: USD/EUR (EUR=X) investors are focused on macro data updates for short term profit opportunities

Euro: USD/EUR (EUR=X) investors are focused on macro data updates for short term profit opportunities Since trading session opened for the week in Pacific-Asian market hours, the pair has managed to hold on to steady upside price action and moved well near last week’s highs as the spread difference between 2-year US-Germany government bond yields […]

Facebook, Inc. (NASDAQ:FB) a modest earnings multiple creates an attractive risk-reward skew for investors

Facebook, Inc. (NASDAQ:FB) a modest earnings multiple creates an attractive risk-reward skew for investors

Facebook, Inc. (NASDAQ:FB) a modest earnings multiple creates an attractive risk-reward skew for investors Facebook (NASDAQ:FB) has become one of the world’s most-criticized companies and one of the most controversial stocks on Wall Street over the past year. Yet despite the negative headlines and commentary, FB stock has been extremely resilient. The Facebook bear case is all about […]

Dow Jones Industrial Average (.DJI) edge higher after Asia gains

Dow Jones Industrial Average (.DJI) edge higher after Asia gains

Dow Jones Industrial Average (.DJI) edge higher after Asia gains Global stocks advanced to kick off a week filled with potentially significant catalysts from central bank meetings, geopolitical developments and economic data. Treasuries edged lower. The Stoxx Europe 600 climbed, led higher by miners and lenders as Deutsche Bank AG and Commerzbank AG jumped after […]

Bitcoin: USD/BTC (BTC=X) price climbed higher towards the $4,040 level before correcting lower against the US Dollar

Bitcoin: USD/BTC (BTC=X) price climbed higher towards the $4,040 level before correcting lower against the US Dollar

Bitcoin: USD/BTC (BTC=X) price climbed higher towards the $4,040 level before correcting lower against the US Dollar In the weekly analysis, we saw a nice upward move above $4,000 in bitcoin price against the US Dollar. The BTC/USD pair even broke the $4,020 level and traded towards the $4,040 level. A high was formed at $4,041 […]

United States Oil (USO) price gains have been limited by concerns that an economic slowdown

United States Oil (USO) price gains have been limited by concerns that an economic slowdown

United States Oil (USO) price gains have been limited by concerns that an economic slowdown US crude futures briefly hit a 2019 high on Friday but retreated along with benchmark Brent oil as worries about the global economy and robust US production put a brake on prices. West Texas Intermediate (WTI) crude oil futures were […]

Tesla, Inc. (NASDAQ:TSLA) Model Y unveiling by CEO Elon Musk failed to wow Wall Street

Tesla, Inc. (NASDAQ:TSLA) Model Y unveiling by CEO Elon Musk failed to wow Wall Street

Tesla, Inc. (NASDAQ:TSLA) Model Y unveiling by CEO Elon Musk failed to wow Wall Street The Tesla Model Y unveiling by CEO Elon Musk failed to wow Wall Street, with Tesla tumbling in Friday’s stock market. But setting aside the Model Y and all the drama surrounding the luxury electric vehicle maker, Tesla stock has […]

British Pound: USD/GBP (GBP=X) promises to be a busy week

British Pound: USD/GBP (GBP=X) promises to be a busy week

British Pound: USD/GBP (GBP=X) promises to be a busy week GBP/USD posted huge gains last week, climbing 2.2 percent. It promises to be a busy week. The U.K. releases CPI and retail sales, and parliament will hold another vote over Brexit. Central banks will also be in focus, with the BoE and Federal Reserve expected […]

Canadian Dollar: USD/CAD (CAD=X) bias is neutral

Canadian Dollar: USD/CAD (CAD=X) bias is neutral

Canadian Dollar: USD/CAD (CAD=X) bias is neutral USD/CAD dropped to 1.3289 last week but drew support from 55 day EMA and recovered. Initial bias is neutral this week first. On the upside, break of 1.3371 minor resistance will suggest that pull back from 1.3467 has completed. That will also revive the bullish case that rise […]

Australian Dollar: USD/AUD (AUD=X) bias remains neutral this week

Australian Dollar: USD/AUD (AUD=X) bias remains neutral this week

Australian Dollar: USD/AUD (AUD=X) bias remains neutral this week AUD/USD stayed in consolidation above 0.7003 last week and outlook is unchanged. Initial bias remains neutral this week first. In case of another recovery, upside should be limited by 0.7121 minor resistance to bring fall resumption. On the downside, break of 0.7003 will resume the fall […]

Australia: S&P/ASX 200 (.AXJO) Employment conditions weakening

Australia: S&P/ASX 200 (.AXJO) Employment conditions weakening

Australia: S&P/ASX 200 (.AXJO) Employment conditions weakening But jobs growth appears to be swimming against the tide and forward looking indicators are sinking. Shayne Heffernan said “Australia is overtaxed, the minimum wage is too high and the social security problem is weighing on the taxpayer, Australia has seen the dollar at overly high levels for […]

Hong Kong: HANG SENG INDEX (.HSI) sentiment boosted by bullish global markets performances

Hong Kong: HANG SENG INDEX (.HSI) sentiment boosted by bullish global markets performances

Hong Kong: HANG SENG INDEX (.HSI) sentiment boosted by bullish global markets performances The market started on a bearish note last week after a two-week decline but rebounded to close marginally higher on bargain hunting. Shayne Heffernan said “don’t be too quick to write off China, the new reforms in Beijing should see a boost […]

Japanese Yen: USD/JPY (JPY=X) bias remains neutral this week for some more consolidation

Japanese Yen: USD/JPY (JPY=X) bias remains neutral this week for some more consolidation

Japanese Yen: USD/JPY (JPY=X) bias remains neutral this week for some more consolidation USD/JPY rebounded further last week but was held below 112.13 resistance. Initial bias remains neutral this week for some more consolidation. But still, as long as 110.35 support hold, near term outlook remains bullish. On the upside, break of 112.13 will resume […]

Euro: USD/EUR (EUR=X) upside should be limited below 1.1419 resistance

Euro: USD/EUR (EUR=X) upside should be limited below 1.1419 resistance

Euro: USD/EUR (EUR=X) upside should be limited below 1.1419 resistance EUR/USD’s rebound from 1.1176 continued last week despite lost of upside momentum. No change in the view that it’s a corrective move. Hence, in case of another rise, upside should be limited below 1.1419 resistance to bring down trend resumption. On the downside, below 1.1277 […]

New Zealand Shooter was a Left Wing Fascist

New Zealand Shooter was a Left Wing Fascist

Brenton Tarrant, the man who murdered 49 innocent people in Christchurch New Zealand was not a Right-Wing Conservative White Supremacists, he was in fact a Trump Hating Left Wing Fascist Pro-Union Environmentalist. That’s not an opinion it is the fact as stated in his rambling Manifesto, a document that shows he was poorly educated and […]

49 Dead: Day of Terror in New Zealand

49 Dead: Day of Terror in New Zealand

A terrorist attack in New Zealand’s Christchurch has left 49 people dead and at least 48 wounded. The attacks occurred at two locations: Al Noor Mosque and Linwood Mosque, which are approximately three miles apart. According to Prime Minister Jacinda Ardern, 41 people have been killed at Al Noor and another 7 perished at Linwood […]

No Shortage of Oil

No Shortage of Oil

Production cutbacks by OPEC nations are building a supply cushion that could be called upon to mitigate a possible supply shock from an abrupt drop in crisis-hit Venezuela’s output, the IEA said Friday. With a nationwide blackout that paralysed the country for one week, demonstrating the unreliability of the country’s electricity network, new questions are […]

Dollar General Corporation (NYSE:DG) Earnings Fall Short

Dollar General Corporation (NYSE:DG) Earnings Fall Short

Dollar General Corporation (NYSE:DG) Earnings Fall Short Dollar General (DG) reported weaker-than-expected earnings for the fourth quarter though revenue and same-store sales topped views. Dollar General earnings guidance also was light. Dollar General stock tumbled below a buy point. Shayne Heffernan said “you know things are good when bottom end retailers are suffering” Dollar General Earnings […]

Facebook, Inc. (NASDAQ:FB) stock fell two executives were leaving, unexplained outage

Facebook, Inc. (NASDAQ:FB) stock fell  two executives were leaving, unexplained outage

Facebook, Inc. (NASDAQ:FB) stock fell following an announcement that two executives were leaving the company In a post on Facebook, Chief Executive Mark Zuckerberg announced that the company’s Chief Product Officer, Chris Cox, has resigned. Zuckerberg also announced that Chris Daniels, vice president of the Facebook messaging app WhatsApp, is also leaving. Shayne Heffernan said ” the […]

Apple Inc. (NASDAQ:AAPL) iPhone Dependent

Apple Inc. (NASDAQ:AAPL)  iPhone Dependent

Apple Inc. (NASDAQ:AAPL) firm says the iPhone business remains a strong driver for the stock Add Cowen to a list of Apple bulls as analysts there see the steady iPhone business driving the stock another 20 percent higher. Cowen initiated coverage on Apple with an outperform rating and $220 12-month price target. The firm said the iPhone […]

Federal National Mortgage Association (OTC:FNMA) Can Go Higher

Federal National Mortgage Association (OTC:FNMA) Can Go Higher

Federal National Mortgage Association (OTC:FNMA) Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 3.30. The projected lower bound is: 2.27. The projected closing price is: 2.78. Candlesticks A white body occurred (because prices closed higher than they opened). During the past […]

United States Oil (USO) recent data revealed a weekly decline in domestic supplies

United States Oil (USO) recent data revealed a weekly decline in domestic supplies

United States Oil (USO) recent data revealed a weekly decline in domestic supplies Oil futures split ways on Thursday, with U.S. prices up a fourth straight session after recent data revealed a weekly decline in domestic supplies, but global prices ending lower in the wake of a reported delay in the U.S.-China trade discussions and […]

The Boeing Company (NYSE:BA) paused delivery of 737 Max airplanes

The Boeing Company (NYSE:BA) paused delivery of 737 Max airplanes

The Boeing Company (NYSE:BA) paused delivery of 737 Max airplanes Boeing has paused delivery of 737 Max airplanes due to the temporary grounding by the Federal Aviation Administration, the company announced Thursday. “We continue to build 737 Max airplanes, while assessing how the situation, including potential capacity constraints, will impact our production system,” the company said. […]

Alphabet Inc. (NASDAQ:GOOG) aims for the clouds

Alphabet Inc. (NASDAQ:GOOG) aims for the clouds

Alphabet Inc. (NASDAQ:GOOG) aims to leverage its parent’s cloud-computing platform Chronicle — the security startup spawned by Google-owner Alphabet (GOOGL) — aims to leverage its parent’s cloud-computing platform. Customers can set up “private clouds” storing their security data. Like sibling Google, Chronicle will use artificial-intelligence tools to analyze huge amounts of data. Shayne Heffernan said “the next battle in the […]

Dow Jones Industrial Average (.DJI) What Next?

Dow Jones Industrial Average (.DJI) What Next?

Dow Jones Industrial Average (.DJI) holding close to break even Stocks ended mixed Thursday as the three major stock indexes reacted to reports on stalled trade talks with China. President Trump had said he was no rush to complete a trade pact with China, but on Thursday both he and Treasury Secretary Steven Mnuchin said that discussions […]

NASDAQ Composite (.IXIC) United States and China Provide Mixed Signals

NASDAQ Composite (.IXIC) United States and China Provide Mixed Signals

NASDAQ Composite (.IXIC) mixed as uncertainty over when a trade deal between the United States and China would be reached clouded sentiment U.S. stocks flitted between gains and losses on Thursday as uncertainty over when a trade deal between the United States and China would be reached clouded sentiment. Wall Street’s main indexes briefly moved […]

LifeApps Brands Inc. (OTC:LFAP) Will Trade Over 20c

LifeApps Brands Inc. (OTC:LFAP) Will Trade Over 20c

LifeApps Brands Inc. (OTC:LFAP) Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 0.05. The projected upper bound is: 0.22. The projected lower bound is: 0.10. The projected closing price is: 0.16. Candlesticks A black body occurred […]

Tesla, Inc. (NASDAQ:TSLA) electric-car maker gets set to unveil its Model Y

Tesla, Inc. (NASDAQ:TSLA) electric-car maker gets set to unveil its Model Y

Tesla, Inc. (NASDAQ:TSLA) electric-car maker gets set to unveil its Model Y Tesla shares were up 1% Thursday as investors anticipated the rollout of the Model Y, a sports-utility-vehicle crossover which will share 75% of its parts with the Model 3.The unveiling event is set for 8 p.m. PT at the electric-car maker’s design center […]

Tianci International, Inc. (OTC:CIIT) Short Squeeze

Tianci International, Inc. (OTC:CIIT) Short Squeeze

Tianci International, Inc. (OTC:CIIT) Overall, the bias in prices is: Upwards. The projected upper bound is: 2.60. The projected lower bound is: 0.92. The projected closing price is: 1.31. Candlesticks During the past 10 bars, there have been 3 white candles and 4 black candles for a net of 1 black candles. During the past […]

Toga Limited (OTC:TOGL) on Way to $1

Toga Limited (OTC:TOGL) on Way to $1

Toga Limited (OTC:TOGL) Overall, the bias in prices is: Upwards By the way, prices are vulnerable to a correction towards 0.85. The projected upper bound is: 1.92. The projected lower bound is: 0.73. The projected closing price is: 0.82. Candlesticks A big black candle occurred. This is bearish, as prices closed significantly lower than they […]

NaturalShrimp Incorporated (OTC:SHMP) $1 Still Possible

NaturalShrimp Incorporated (OTC:SHMP) $1 Still Possible

NaturalShrimp Incorporated (OTC:SHMP) Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 1.53. The projected lower bound is: 0.15. The projected closing price is: 0.29. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, […]

YBCC, Inc. (OTC:YBAO) Expect Action Soon

YBCC, Inc. (OTC:YBAO) Expect Action Soon

YBCC, Inc. (OTC:YBAO) Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 1.42. The projected lower bound is: 0.15. The projected closing price is: 0.24. Candlesticks WARNING: These prices only contain closing prices. Thus, the candlestick analysis in this expert will be invalid (including the alerts, symbols, and this […]

Bitcoin: USD/BTC (BTC=X) lacking clear directional bias

Bitcoin: USD/BTC (BTC=X) lacking clear directional bias

Bitcoin: USD/BTC (BTC=X) lacking clear directional bias Bitcoin’s struggle for direction continues amid growing signs of a bull reversal in alternative cryptocurrencies. The leading cryptocurrency by market value is trapped in the range of $3,800 to $3,900 for a ninth straight day, contradicting the quick move toward the recent high of $4,190 suggested by the […]

British Pound: USD/GBP (GBP=X) Parliament asks government to rule out ‘no deal’ Brexit permanently

British Pound: USD/GBP (GBP=X) Parliament asks government to rule out ‘no deal’ Brexit permanently

British Pound: USD/GBP (GBP=X) Parliament asks government to rule out ‘no deal’ Brexit permanently UK lawmakers have voted to hypothetically take a ‘no deal’ Brexit off the table ‘for ever’ in a night of bruising losses for the government in the House of Commons that corresponded with another sharp rally in the value of the […]

Euro: USD/EUR (EUR=X) controlled by the Fibonacci level at 1.1327

Euro: USD/EUR (EUR=X) controlled by the Fibonacci level at 1.1327

Euro: USD/EUR (EUR=X) controlled by the Fibonacci level at 1.1327 Renewed concerns over Brexit are putting pressure on the Euro shortly after the U.S. opening. Earlier in the session, the single-currency hit its highest level since March 5, but there was no follow-through to the upside as traders began to square positions after the latest […]

Growth and interest rate differentials to weigh on Australian Dollar: USD/AUD (AUD=X) in time

Growth and interest rate differentials to weigh on Australian Dollar: USD/AUD (AUD=X) in time

Growth and interest rate differentials to weigh on Australian Dollar: USD/AUD (AUD=X) in time It has been an eventful month for the Australian economy, with GDP and other key data surprising to the downside, and interest rate expectations shifting. Regardless, at USD0.7094, the Australian dollar is unchanged from USD0.7093 when our February Market Outlook went […]

Hong Kong: HANG SENG INDEX (.HSI) China reported stronger-than-expected investment in its slowing economy

Hong Kong: HANG SENG INDEX (.HSI) China reported stronger-than-expected investment in its slowing economy

Hong Kong: HANG SENG INDEX (.HSI) China reported stronger-than-expected investment in its slowing economy Hong Kong stocks edged higher on Thursday after China reported stronger-than-expected investment in its slowing economy, but a weaker industrial output growth limited the gains. The Hang Seng index ended 0.2 percent higher at 28,851.39 points. The Hang Seng China Enterprises […]

New Zealand Dollar: NZD/USD (NZD=X) Tests Support

New Zealand Dollar: NZD/USD (NZD=X) Tests Support

New Zealand Dollar: NZD/USD (NZD=X) Tests Support The New Zealand Dollar has declined about 0.86% against the US Dollar during the last 24 hours. A breakout occurred through the lower boundary of a junior ascending channel pattern during Thursday’s trading session. Given that a breakout had occurred, it is likely that the currency exchange rate […]

Shanghai: SSE Composite Index (.SSEC) Trade uncertainty remains as Trump ‘in no rush’ for deal with China

Shanghai: SSE Composite Index (.SSEC) Trade uncertainty remains as Trump ‘in no rush’ for deal with China

Shanghai: SSE Composite Index (.SSEC) Trade uncertainty remains as Trump ‘in no rush’ for deal with China Shares in China ended lower for a second consecutive session on Thursday after data underscored concerns about slowing growth in the world’s second-largest economy, amid ongoing uncertainty over a deal to end the Sino-U.S. trade dispute. At the […]

Waiting game drives Singapore: STI Index (.STI) down

Waiting game drives Singapore: STI Index (.STI)  down

Waiting game drives Singapore: STI Index (.STI) down Investors here and across the region went back into their shells yesterday after Tuesday’s gains to await some key data expected out of China today. The numbers from Beijing include industrial production, retail sales and foreign direct investment levels, which will all throw light on the state […]

Silver 1 OZ 999 NY (XAG=X) at the 50% Fibonacci retracement level

Silver 1 OZ 999 NY (XAG=X) at the 50% Fibonacci retracement level

Silver 1 OZ 999 NY (XAG=X) at the 50% Fibonacci retracement level Silver markets initially rallied during the trading session on Wednesday, showing signs of exhaustion. By forming a bit of a shooting star, that is a very negative sign for traders, and it’s likely that the $15.60 level is going to continue to cause a […]

Japanese Yen: USD/JPY (JPY=X) increased demand for risk

Japanese Yen: USD/JPY (JPY=X) increased demand for risk

Japanese Yen: USD/JPY (JPY=X) increased demand for risk The Dollar/Yen is trading higher on Thursday, reversing yesterday’s weakness. Increased demand for risk is helping to dampen the Japanese Yen’s appeal as a safe-haven asset and rising U.S. Treasury yields are making the U.S. Dollar a more attractive investment. The move are being fueled by positive […]

Australia: S&P/ASX 200 (.AXJO) unable to take a positive lead from Brexit developments, late rally

Australia: S&P/ASX 200 (.AXJO) unable to take a positive lead from Brexit developments, late rally

Australia: S&P/ASX 200 (.AXJO) unable to take a positive lead from Brexit developments, late rally Australian shares rallied late to end a four-day losing streak on Thursday as the market digested the latest Brexit vote results and Chinese economic data. The S&P/ASX 200 Index rose 18.4 points, or 0.3 per cent, to 6179.6 while the […]

China-US trade talks prompt improved exporter sentiment

China-US trade talks prompt improved exporter sentiment

The HKTDC Export Index 1Q19, for the first quarter of 2019, rebounded four points from the previous quarter to 39.2, indicating that confidence among exporters is growing across all sectors and markets. “Progress in the trade talks between Mainland China and the United States has led to an improved sentiment. However, it is still expected […]

Geopolitics lifts Gold 1 OZ (XAU=X) prices

Geopolitics lifts Gold 1 OZ (XAU=X) prices

Geopolitics lifts Gold 1 OZ (XAU=X) prices Gold prices moved higher on Thursday pushing through resistance which is now support seen near the 50-day moving average at 1,303. Additional support is seen near the 10-day moving average at 1,295. Resistance is seen near a downward sloping trend line that connects the highs in April of […]

Shayne Heffernan Still Bullish on Asia

Shayne Heffernan Still Bullish on Asia

Shayne Heffernan remains bullish on the outlook for China and Chinese Companies “Asia is going to be the centre of the Financial World for the next 100 years” China’s real estate investment increased 11.6 percent year on year in the first two months of this year, the National Bureau of Statistics said Thursday. The growth […]

Nick Leeson on the Trading Day Ahead

Nick Leeson on the Trading Day Ahead

Nick Leeson on Indicies Drift Asian markets are little changed overnight as Global equity indices look set to drift this morning. The FTSE is called two points higher whilst the DAX is currently forecasted to shed 6 points at the opening bell. The DOW closed higher yesterday even after the US Federal Aviation Authority followed […]

Tesla, Inc. (NASDAQ:TSLA) believes this new vehicle will sell in even higher volumes than the Model 3

Tesla, Inc. (NASDAQ:TSLA) believes this new vehicle will sell in even higher volumes than the Model 3

Tesla, Inc. (NASDAQ:TSLA) believes this new vehicle will sell in even higher volumes than the Model 3 Now that Tesla (NASDAQ:TSLA) is finally selling its Model 3 in mass-market volumes and at its long-awaited $35,000 starting price, the company is moving on to its next big product: its Model Y SUV. Tesla CEO Elon Musk said last week […]

The long-term case for BABA stock is becoming questionable as Alibaba Group Holding Limited (NYSE:BABA) Cloud faces challenges

The long-term case for BABA stock is becoming questionable as Alibaba Group Holding Limited (NYSE:BABA) Cloud faces challenges

The long-term case for BABA stock is becoming questionable as Alibaba Group Holding Limited (NYSE:BABA) Cloud faces challenges In the past few quarters, Alibaba (NYSE:BABA) has shown good growth numbers from its cloud segment. In the recent quarter, Alibaba reported $962 million of revenue in cloud computing with year-on-year growth of 84%. This is a highly […]

NASDAQ Composite (.IXIC) Tech Stocks Lead US Markets Higher

NASDAQ Composite (.IXIC) Tech Stocks Lead US Markets Higher

NASDAQ Composite (.IXIC) Tech Stocks Lead US Markets Higher US stocks rallied Wednesday, led by strength in the technology sector as the Nasdaq Composite Index outperformed the rest of the market’s major indexes. Boeing ( BA ) was little changed at midday as the aerospace giant tries to recover from the heavy losses from the previous two […]

Dow Jones Industrial Average (.DJI) Boeing Shows Resilience; Apple Looks To Extend Rally

Dow Jones Industrial Average (.DJI) Boeing Shows Resilience; Apple Looks To Extend Rally

Dow Jones Industrial Average (.DJI) Boeing Shows Resilience; Apple Looks To Extend Rally Boeing wrestled to a 0.8% advance, showing resilience as news reports suggested the fallout from Sunday’s Ethiopian Airways crash could affect Boeing’s order backlog. Similarities between the crash near Addis Ababa that killed 157 persons and Indonesia’s Lion Air crash in October have […]

Amazon.com, Inc. (NASDAQ:AMZN) expanding its digital advertising business and currently sits in third place in the U.S.

Amazon.com, Inc. (NASDAQ:AMZN) expanding its digital advertising business and currently sits in third place in the U.S.

Amazon.com, Inc. (NASDAQ:AMZN) expanding its digital advertising business and currently sits in third place in the U.S. Amazon AMZN shares have climbed roughly 13% to start the year, which tops the market’s comeback, but falls way behind fellow FAANG giants Facebook FB and Netflix NFLX . Therefore, Amazon stock still rests over 17% below its 52-week […]

United States Oil (USO) sanctions on Venezuelan petroleum products have cemented support for oil prices

United States Oil (USO) sanctions on Venezuelan petroleum products have cemented support for oil prices

United States Oil (USO) sanctions on Venezuelan petroleum products have cemented support for oil prices Brent crude oil prices on Thursday hit their highest so far this year, pushed up by ongoing supply cuts led by OPEC and by U.S. sanctions against Venezuela and Iran. Brent was still at $67.75 per barrel at 0244 GMT, […]

Technical Indicator Shows That Bitcoin: USD/BTC (BTC=X) Slight Upwards Momentum is Slowing

Technical Indicator Shows That Bitcoin: USD/BTC (BTC=X) Slight Upwards Momentum is Slowing

Technical Indicator Shows That Bitcoin: USD/BTC (BTC=X) Slight Upwards Momentum is Slowing Although Bitcoin has established some levels of stability around its current price of $3,900 for the past several weeks and volatility has been steadily decreasing, as a recent Bloomberg report points out, Bitcoin’s Moving Average Convergence Divergence indicator has been declining since mid-February, which may […]

Is The Boeing Company (NYSE:BA) Doomed or Will It Bounce Back?

Is The Boeing Company (NYSE:BA) Doomed or Will It Bounce Back?

Is The Boeing Company (NYSE:BA) Doomed or Will It Bounce Back? Prima facie Boeing is in deep trouble. But, let’s admit that even after this drubbing, Boeing’s share price is at $375.41 and remains the highest among the Dow components. Moreover, it’s likely to hover near that price since it’s too early to tell whether […]

Alphabet Inc. (NASDAQ:GOOG) newly unsealed court docs reveal Larry Page threatened to leave if the company didn’t find a way to keep him in control

Alphabet Inc. (NASDAQ:GOOG) newly unsealed court docs reveal Larry Page threatened to leave if the company didn’t find a way to keep him in control

Alphabet Inc. (NASDAQ:GOOG) newly unsealed court docs reveal Larry Page threatened to leave if the company didn’t find a way to keep him in control Google’s board of directors created a third class of stock in 2012 in part to placate cofounder Larry Page, who was worried about losing control of the company, Bloomberg reported […]

Facebook, Inc. (NASDAQ:FB) A Privacy-Focused Vision for Social Networking

Facebook, Inc. (NASDAQ:FB) A Privacy-Focused Vision for Social Networking

Facebook, Inc. (NASDAQ:FB) A Privacy-Focused Vision for Social Networking Facebook is changing its strategy — and ironically, it’s about being more private. This is certainly risky since it’s an approach that’s in stark contrast to the company’s stated mission. But then again, in order for Facebook to continue to thrive, I think there is little choice […]

Twitter, Inc. (NYSE:TWTR) about to make significant changes to its platform

Twitter, Inc. (NYSE:TWTR) about to make significant changes to its platform

Twitter, Inc. (NYSE:TWTR) about to make significant changes to its platform TWTR is about to make significant changes to its platform. However, before rolling out the changes across its wide user base, the company will test the same on its newly-launched prototype application, “twttr”, available to select users.  Notably, the beta app is aimed at receiving […]

Japanese Yen: USD/JPY (JPY=X) Renewed Demand for Safe-Haven Protection

Japanese Yen: USD/JPY (JPY=X) Renewed Demand for Safe-Haven Protection

Japanese Yen: USD/JPY (JPY=X) Renewed Demand for Safe-Haven Protection Safe-haven buying is helping to drive the Dollar/Yen lower on Wednesday. Treasury yields are down, making the dollar a less-attractive investment and stocks are under pressure, sending investors into the safety of the Japanese Yen. The catalyst behind the early weakness in the Forex pair is […]

Gold 1 OZ (XAU=X) holding above the critical psychological level of $1,300

Gold 1 OZ (XAU=X) holding above the critical psychological level of $1,300

Gold 1 OZ (XAU=X) holding above the critical psychological level of $1,300 Gold prices are holding above the critical psychological level of $1,300 an ounce as momentum in the U.S. manufacturing sector was mixed in January. Wednesday, a U.S. Commerce Department report showed U.S. durable-goods orders increased by 0.4% in January, up from December’s 1.3% […]

British Pound: USD/GBP (GBP=X) UK Parliament votes to reject a no-deal Brexit

British Pound: USD/GBP (GBP=X) UK Parliament votes to reject a no-deal Brexit

British Pound: USD/GBP (GBP=X) UK Parliament votes to reject a no-deal Brexit Pound Sterling is the best performing major currency in mid-week trade with markets holding the view a solution to the current chronic Brexit uncertainty is achievable, with talk of the Attorney General reviewing his guidance being of particular interest to us from a […]

Singapore: STI Index (.STI) sole loser, banks and real estate weigh

Singapore: STI Index (.STI) sole loser, banks and real estate weigh

Singapore: STI Index (.STI) sole loser, banks and real estate weigh Most Southeast Asian stocks closed higher in lacklustre trade on Wednesday, while Singapore slipped as caution prevailed ahead of China’s industrial output data. Singapore stocks were the sole losers in the region, ending 0.5 percent lower. China’s January-February industrial output and retail sales data […]

Silver 1 OZ 999 NY (XAG=X) have regained some technical strength

Silver 1 OZ 999 NY (XAG=X) have regained some technical strength

Silver 1 OZ 999 NY (XAG=X) have regained some technical strength Gold and silver prices are moderately up in early U.S. trading Tuesday, on some short covering by the shorter-term futures traders and perceived bargain hunting following recent pressure. Another mild U.S. inflation report is also friendly for the precious metals markets. Bulls have regained some technical strength […]

Euro: USD/EUR (EUR=X) ECB interest rates likely to stay low in Europe

Euro: USD/EUR (EUR=X) ECB interest rates likely to stay low in Europe

Euro: USD/EUR (EUR=X) ECB interest rates likely to stay low in Europe The Euro may have rebounded during recent sessions but the outlook from a fundamental perspective remains decidedly uninspiring as the European Central Bank (ECB) appears to jettison its previous plan to withdraw the crutch of crisis-era easing.  The Euro has climbed back up to 1.1300 […]

Australian Dollar: USD/AUD (AUD=X) continue to hover over a major support level

Australian Dollar: USD/AUD (AUD=X) continue to hover over a major support level

Australian Dollar: USD/AUD (AUD=X) continue to hover over a major support level The Australian dollar has pulled back just a bit during the trading session on Wednesday, as we continue to hover above the crucial 0.70 level, an area that extends all the way down to the 0.68 level on the monthly chart as a major […]

Hong Kong: HANG SENG INDEX (.HSI) Drop as Rally Eases

Hong Kong: HANG SENG INDEX (.HSI) Drop as Rally Eases

Hong Kong: HANG SENG INDEX (.HSI) Drop as Rally Eases Asian stocks dropped Wednesday as the positive sentiment at the start of the week faded on continuing global growth concerns. The pound steadied ahead of a further Brexit vote. Shares slipped from Sydney to Shanghai, while futures signaled lower starts in Europe and the U.S. […]

Australia: S&P/ASX 200 (.AXJO) extending a losing streak amid rising evidence of slowing global growth

Australia: S&P/ASX 200 (.AXJO) extending a losing streak amid rising evidence of slowing global growth

Australia: S&P/ASX 200 (.AXJO) extending a losing streak amid rising evidence of slowing global growth Sigma Healthcare’s decision to rebuff Priceline-owner Australian Pharmaceutical Industries’s $730 million takeover bid triggered the biggest drop on the S&P/ASX 200 Index on Wednesday. The ASX 200 closed 14 points, or 0.2 per cent, lower at 6161.2 points, extending a […]

Paul L Browning 33 Years in Prison for a Crime He Did Not Commit

Paul L Browning 33 Years in Prison for a Crime He Did Not Commit

Wrongfully Incarcerated On November 8, 1985, Hugo Elsen was stabbed to death during a robbery of his jewelry store in Las Vegas.   His wife, Josy Elsen, was in the back of the store when he was attacked.   Hearing noises, she went into the showroom and saw a black man wearing a blue cap […]

Nick Leeson on Brexit, Boeing and the Day Ahead

Nick Leeson on Brexit, Boeing and the Day Ahead

Brexit news provided the impetus for a bumpy ride for the European Indices and Sterling yesterday. A positive stance after news of concessions from the EU was quickly replaced by uncertainty and a swift move lower as legal opinion indicated that we were no nearer a path through the forest to a successful Brexit. In […]

Alphabet Inc. (NASDAQ:GOOG) strives for transparency

Alphabet Inc. (NASDAQ:GOOG) strives for transparency

Alphabet Inc. (NASDAQ:GOOG) strives for transparency After employees walked out to protest its handling of sexual misconduct allegations—including payouts to executives—the company promised change. Now it’s bringing new details to light. Google wants to clear the air about its culture of harassment—but that means letting specifics emerge. The company is facing renewed scrutiny over how […]

United States Oil (USO) output forecast is reduced

United States Oil (USO) output forecast is reduced

United States Oil (USO) output forecast is reduced Oil prices edged higher on Wednesday, supported by planned cuts to Saudi exports and a reduced forecast for U.S crude output. International Brent crude oil futures were at $66.93 a barrel at 0039 GMT, up 26 cents, or 0.4 percent, from their last close. Brent touched $67.39 a barrel on […]

Bitcoin: USD/BTC (BTC=X) Faces Growing Resistance at Critical 4,000 Level

Bitcoin: USD/BTC (BTC=X) Faces Growing Resistance at Critical 4,000 Level

Bitcoin: USD/BTC (BTC=X) Faces Growing Resistance at Critical 4,000 Level After facing increased levels of selling pressure yesterday, Bitcoin as been able to maintain above $3,900, which is increasingly becoming a level of support for the cryptocurrency. Despite this, $4,000 still remains a key level of resistance for BTC, and the crypto’s short positions are […]

Amazon.com, Inc. (NASDAQ:AMZN) reportedly lifting a restriction on third-party sellers

Amazon.com, Inc. (NASDAQ:AMZN) reportedly lifting a restriction on third-party sellers

Amazon.com, Inc. (NASDAQ:AMZN) reportedly lifting a restriction on third-party sellers Amazon is reportedly lifting a restriction on third-party sellers, according to Reuters. A source said that Amazon will stop telling those sellers that they cannot offer lower prices on competing websites. Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a […]

The Boeing Company (NYSE:BA) stock is down after the crash of a Boeing 737 Max 8 Jet

The Boeing Company (NYSE:BA) stock is down after the crash of a Boeing 737 Max 8 Jet

The Boeing Company (NYSE:BA) stock is down after the crash of a Boeing 737 Max 8 Jet Boeing stock is down after the crash of a Boeing 737 Max 8 Jet. So many lives lost … our thoughts are with the families. With emotions still running high, many investors are wondering how to approach BA […]

NASDAQ Composite (.IXIC) rise on tame U.S. inflation

NASDAQ Composite (.IXIC) rise on tame U.S. inflation

NASDAQ Composite (.IXIC) rise on tame U.S. inflation A gauge of world equity markets rose and the dollar eased on Tuesday after a tame reading on U.S. inflation reinforced expectations the Federal Reserve will not raise interest rates anytime soon, while Boeing shares slid for a second day. U.S. consumer prices rose for the first […]

Tesla, Inc. (NASDAQ:TSLA) Question authority… and the authorities will question you

Tesla, Inc. (NASDAQ:TSLA) Question authority… and the authorities will question you

Tesla, Inc. (NASDAQ:TSLA) Question authority… and the authorities will question you Elon Musk’s lawyers have now answered the court regarding the SEC’s attempt to have them hold Tesla’s CEO in contempt and it details how the federal agency is going after the automaker and its leaders in quite an absurd way over some arguably meaningless […]

Investors are falling for Apple Inc. (NASDAQ:AAPL) again

Investors are falling for Apple Inc. (NASDAQ:AAPL)  again

Investors are falling for Apple Inc. (NASDAQ:AAPL) again Shares of the tech giant were slightly higher in Tuesday’s premarket, a day after soaring more than 3 percent on Bank of America’s upgrade of the stock to buy. Analyst Wamsi Mohan said the recent “pullback presents opportunity” to buy the stock, citing factors like “modest re-acceleration […]

Facebook, Inc. (NASDAQ:FB) can reach $215 under certain circumstances

Facebook, Inc. (NASDAQ:FB) can reach $215 under certain circumstances

Facebook, Inc. (NASDAQ:FB) can reach $215 under certain circumstances Facebook (NASDAQ:FB) stock had a rough 2018, falling more than 25% and ending the year near its lows. To be fair, most stocks limped into the end of the year, but FB stock’s stumble was exacerbated by the company’s user-privacy issues throughout the year and fallout […]

Boeing has contributed to a substantial underperformance between the Dow Jones Industrial Average (.DJI) and its stock-index peers

Boeing has contributed to a substantial underperformance between the Dow Jones Industrial Average (.DJI) and its stock-index peers

Boeing has contributed to a substantial underperformance between the Dow Jones Industrial Average (.DJI) and its stock-index peers The stock market is enjoying a solid week so far, but investors might not know it by gauging the performance of the Dow Jones Industrial Average, which by a few measures is registering its widest divergence with […]

Australian Dollar: USD/AUD (AUD=X) market now looking ahead to consumer confidence snapshot

Australian Dollar: USD/AUD (AUD=X) market now looking ahead to consumer confidence snapshot

Australian Dollar: USD/AUD (AUD=X) market now looking ahead to consumer confidence snapshot The Australian Dollar slipped on Tuesday following yet more weak economic data, headlined by weaker business confidence. The index for that from National Australia Bank came in at 2 for February, below January’s 4. It was also the lowest print since the start […]

Silver 1 OZ 999 NY (XAG=X) Prices Down As Risk Attitudes Still Upbeat

Silver 1 OZ 999 NY (XAG=X) Prices Down As Risk Attitudes Still Upbeat

Silver 1 OZ 999 NY (XAG=X) Prices Down As Risk Attitudes Still Upbeat Gold and silver prices are moderately lower in early-afternoon U.S. trading Monday, on downside corrections following gains posted last Friday. Investor and traders are also still exhibiting keener risk appetites worldwide, which is also a negative for the safe-haven metals. April gold futures were last down $7.80 […]

Australia: S&P/ASX 200 (.AXJO) took a strong lead from better-than-expected US retail sales figures

Australia: S&P/ASX 200 (.AXJO) took a strong lead from better-than-expected US retail sales figures

Australia: S&P/ASX 200 (.AXJO) took a strong lead from better-than-expected US retail sales figures Australian shares closed lower on Tuesday, despite soaring 0.7 per cent at the open, as the major banks dragged the market lower. The S&P/ASX 200 Index fell 5.4 points, or 0.1 per cent, to 6174.8 while the broader All Ordinaries slid […]

Japanese Yen: USD/JPY (JPY=X) 112.00 still eludes bulls to the upside

Japanese Yen: USD/JPY (JPY=X) 112.00 still eludes bulls to the upside

Japanese Yen: USD/JPY (JPY=X) 112.00 still eludes bulls to the upside The Japanese Yen has managed to fend off challenges from Dollar bulls since late February with the psychological 112.00 level remaining out of reach for USD/JPY. The pair did manage to poke above that point on an intraday basis on February 28 and again on March […]

Euro: USD/EUR (EUR=X) is expected to respond positively irrespective of the outcome of the Brexit vote

Euro: USD/EUR (EUR=X) is expected to respond positively irrespective of the outcome of the Brexit vote

Euro: USD/EUR (EUR=X) is expected to respond positively irrespective of the outcome of the Brexit vote The EUR/USD is expected to respond positively irrespective of the outcome of the Brexit vote today. Currently, there are three possible outcomes. That UK MPs reject May’s proposed deal that is already agreed with the EU, resulting in a […]

Singapore: STI Index (.STI) Exchange Has New Challenge From HKEX China Share Move

Singapore: STI Index (.STI) Exchange Has New Challenge From HKEX China Share Move

Singapore: STI Index (.STI) Exchange Has New Challenge From HKEX China Share Move Moves by Hong Kong’s stock exchange to start trading derivatives contracts based on Chinese-listed shares pose a new competitive threat to rival Singapore Exchange Ltd. Hong Kong Exchanges & Clearing Ltd. announced on Monday it signed an agreement with index provider MSCI […]

Shanghai: SSE Composite Index (.SSEC) lacks support from economic fundamentals

Shanghai: SSE Composite Index (.SSEC) lacks support from economic fundamentals

Shanghai: SSE Composite Index (.SSEC) lacks support from economic fundamentals China stocks ended higher on Tuesday as Beijing and Washington appeared to edge closer to a trade deal, but worries about economic headwinds at home tamed the market’s rise. At the close, the Shanghai Composite index was up 1.1 percent at 3,060.31 points, while the […]

New Zealand Dollar: NZD/USD (NZD=X) the theme has continued with a mix of “risk on” sentiment

New Zealand Dollar: NZD/USD (NZD=X) the theme has continued with a mix of “risk on” sentiment

New Zealand Dollar: NZD/USD (NZD=X) the theme has continued with a mix of “risk on” sentiment The New Zealand Dollar (NZD) received a boost Friday after broad based declines in the US Dollar (USD) took the kiwi off the low of 0.6744 to close at 0.6800. This week the theme has continued with a mix […]

Hong Kong: HANG SENG INDEX (.HSI) post gains of more than 1%

Hong Kong: HANG SENG INDEX (.HSI) post gains of more than 1%

Hong Kong: HANG SENG INDEX (.HSI) post gains of more than 1% Asian stocks rallied Tuesday, following strong gains on Wall Street that snapped five straight days of losses. Investors may have also been buoyed by increased optimism over a Brexit vote in the British Parliament later in the day after Prime Minister Theresa May […]

Gold 1 OZ (XAU=X) All Signs Point To Higher

Gold 1 OZ (XAU=X) All Signs Point To Higher

Gold 1 OZ (XAU=X) All Signs Point To Higher Current monetary policies have made the precious metals a more attractive investment option, said Alain Corbani, head of commodities at Finance SA. “My bet, and so far it has been the safest, is to follow what the Fed is saying. So, basically they are saying ‘we […]

British Pound: USD/GBP (GBP=X) off overnight highs as market adopts wait-and-see approach

British Pound: USD/GBP (GBP=X) off overnight highs as market adopts wait-and-see approach

British Pound: USD/GBP (GBP=X) off overnight highs as market adopts wait-and-see approach The British Pound rose to record fresh multi-month highs against the Euro and rallied towards recent multi-month highs against the Dollar following a last-gasp attempt by the EU and UK to secure a Brexit deal. Overnight, UK Prime Minister Theresa May flew to […]

Alphabet Inc. (NASDAQ:GOOG) agreed to pay $135 million to two former executives accused of sexual harassment

Alphabet Inc. (NASDAQ:GOOG) agreed to pay $135 million to two former executives accused of sexual harassment

Alphabet Inc. (NASDAQ:GOOG) agreed to pay $135 million to two former executives accused of sexual harassment Google agreed to pay $135 million to two former executives accused of sexual harassment, it confirmed to The Verge today. We now know from a newly unsealed lawsuit that former senior search vice president Amit Singhal was initially offered $45 million, […]

Alibaba Group Holding Limited (NYSE:BABA) stock rallies, investors may be ignoring key risks

Alibaba Group Holding Limited (NYSE:BABA) stock rallies, investors may be ignoring key risks

Alibaba Group Holding Limited (NYSE:BABA) stock rallies, investors may be ignoring key risks As I’ve written before, Alibaba (NYSE:BABA) is one of the more interesting stocks in the market. To bulls, the story is almost self-evident. BABA stock offers exposure to the enormous and still fast-growing Chinese market. And even with a 34% rally year-to-date, Alibaba […]

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