Prix de Saint-Georges History : The first French sprint of the season

Prix de Saint-Georges History : The first French sprint of the season

May, ParisLongchamp Prix de Saint-Georges Group 3, 3-year-old and above, 1,000m/5f, €56,000 Created in 1929 Last winner: Sestilio Jet (c4 FRA by French Fifteen ex Hideaway Girl, by Fasliyev), owned by Akhal Teke Properties, bred by Michel Monfort, trained by Andrea Maecialis, ridden by Lanfranco Dettori. Record-time: 55”2 by Sainte Marine (1998) and Peace Offering (2007). The race will be run in […]

Royal Ascot to be run behind closed doors

Royal Ascot to be run behind closed doors

The five day meeting will not be open to the public this year due to Coronavirus Pandemic Ascot racecourse confirmed that they have reached the “unavoidable conclusion” that Royal Ascot 2020 will not be able to take place as an event open to the public. Plans to run Royal Ascot races behind closed doors are […]

Dow Jones Industrial Average (.DJI) Mixed Amid Hopes for Business Pickup

Dow Jones Industrial Average (.DJI) Mixed Amid Hopes for Business Pickup

Dow Jones Industrial Average (.DJI) Mixed Amid Hopes for Business Pickup Wall Street’s major averages closed higher as investors digested the newly-released weekly report on US jobless claims. On Thursday, the Dow Jones Industrial Average jumped 211.25 points, or 0.89 per cent, to 23,875.89. The S&P 500 increased 32.77 points, or 1.15 per cent, to […]

GSX Techedu Inc. (NYSE:GSX) Heading for a Dip

GSX Techedu Inc. (NYSE:GSX) Heading for a Dip

GSX Techedu Inc. (NYSE:GSX) Heading for a Dip GSX TECHEDU INC. is a China-based holding company principally involved in the provision of technology-driven education services. Through its subsidiaries, the Company is engaged in the provision of online K-12 after-school tutoring services. It also offers foreign language, professional and interest courses. The Company conducts its businesses […]

33.5 Million Americans Out of Work

33.5 Million Americans Out of Work

New claims for unemployment benefits filed by US workers declined slightly last week, but were still a staggering 3.2 million, government data said Thursday. The data from the Labor Department bring the total claims filed since mid-March, when the coronavirus pandemic forced businesses to close their doors to stop the virus’s spread, to 33.5 million. […]

Tourism Industry Prepares for a Massive Hit

Tourism Industry Prepares for a Massive Hit

The number of international tourist arrivals could plunge by 60 to 80 percent in 2020 owing to the coronavirus, the World Tourism Organization said Thursday, revising its previous forecast sharply lower. Widespread travel restrictions and the closure of airports and national borders to curb the spread of the virus had plunged international tourism into its […]

Tip of the Iceberg: Economic Reports Begin to Show the Cost of a Global Lockdown

Tip of the Iceberg: Economic Reports Begin to Show the Cost of a Global Lockdown

Evidence mounted of the devastating economic impact of the coronavirus pandemic on Thursday as hard-hit Europe moved to further ease lockdown measures that ground its economies to a halt. “the data we are seeing now is just the tip of an Iceberg that we are yet to fully comprehend, we are not a buyer of […]

Early Morning Traders Brief

Early Morning Traders Brief

WE HAVE A NEW PRODUCT BEING RELEASED – NEWEST MT5 TRADING PLATFORM. REGISTER TODAY AND RECEIVE EXCLUSIVE MEMBERSHIP. Market View Financial spreadbetters expect London’s FTSE to open 1 point lower at 5,853, Frankfurt’s DAX to open 5 points higher at 10,611 anParis’ CAC to open 2 points lower at 4,431. Asian shares pared early losses […]

China US Trade Update

China US Trade Update

Trade negotiators from the United States and China will hold a phone call as early as next week, citing people familiar with the matter. The call will include Chinese Vice Premier Liu He and U.S. Trade Representative Robert Lighthizer. The talks will be about progress in implementing a phase-one deal after U.S. President Donald Trump […]

British Pound: USD/GBP (GBP=X) BoE holds off from pumping further stimulus into Britain’s economy

British Pound: USD/GBP (GBP=X) BoE holds off from pumping further stimulus into Britain’s economy

British Pound: USD/GBP (GBP=X) BoE holds off from pumping further stimulus into Britain’s economy Sterling rose by around half a cent versus the dollar on Thursday, after the Bank of England held rates steady at 0.1%, as expected, and held off on further stimulus. The pound rose to as much as $1.2380 from $1.2331 before […]

China Exports Rise

China Exports Rise

China’s exports saw a shock 3.5 percent rise in April despite the global impact of the coronavirus pandemic, official figures showed Thursday, but analysts warned of weakness ahead as key markets suffer downturns. The brewing threat of a renewed trade war with the United States could also pose a problem, observers said. You will find […]

Gold 1 OZ (XAU=X) – Will Portfolios Become Shinier

Gold 1 OZ (XAU=X) – Will Portfolios Become Shinier

Gold 1 OZ (XAU=X) – Will Portfolios Become Shinier Gold is respected throughout the world for its value and rich history, which has been interwoven into cultures for thousands of years. Coins containing gold appeared around 800 B.C., and the first pure gold coins were struck during the rein of King Croesus of Lydia about […]

5G News: Department of Commerce Announces the Addition of Huawei Technologies Co. Ltd. to the Entity List

5G News:  Department of Commerce Announces the Addition of Huawei Technologies Co. Ltd. to the Entity List

Today, the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce announced that it will be adding Huawei Technologies Co. Ltd. and its affiliates to the Bureau’s Entity List. This action stems from information available to the Department that provides a reasonable basis to conclude that Huawei is engaged in activities that […]

Hans Jenni Set to Retire from GHM

Hans Jenni Set to Retire from GHM

After nearly 30 years at the helm of a pioneering hotel management group, Hans R. Jenni is retiring today as president and director of GHM. The group’s current CEO, Tommy Lai, will assume responsibility for GHM’s day-to-day operations and management. Since 1992, when Jenni co-founded GHM with Amanresorts group founder Adrian Zecha, his vision has […]

The Walt Disney Company (NYSE:DIS) theme parks projected lose of $21 billion because of the coronavirus

The Walt Disney Company (NYSE:DIS) theme parks projected lose of $21 billion because of the coronavirus

The Walt Disney Company (NYSE:DIS) theme parks projected lose of $21 billion because of the coronavirus Disney revealed it lost a potential $1 billion due to park closures over the COVID-19 outbreak, but that might only be the beginning. Disney theme parks could lose close to $21 billion in revenue through 2022 because of closures from the coronavirus pandemic, The Orange County […]

Irish and English Politicians Fail to Recognise the Importance of Racing to the Economy

Irish and English Politicians Fail to Recognise the Importance of Racing to the Economy

It takes a special kind of stupid to make Australian Politicians look good, but their Irish and English counterparts are doing their best. Both Ireland and England banned racing even after Australia provided a workable model for racing to continue, the out of touch politicians chose buy in to the hysteria but the price is […]

Americans Pay a Heavy Price for Lockdowns

Americans Pay a Heavy Price for Lockdowns

Like a global tsunami, the coronavirus pandemic has caused a huge loss of life and taken a massive economic toll and wave after wave of economic news will prove disastrous in the mid term. In the US economy, skyrocketing unemployment is the most-visible sign of the devastation: almost overnight, at least 30 million workers lost […]

Coronavirus Lockdown Easing Brings Relief Rally, But a Wave of Bad Economic News Will Follow

Coronavirus Lockdown Easing Brings Relief Rally, But a Wave of Bad Economic News Will Follow

Most equities rose again on Wednesday as investors grew increasingly, but cautiously, hopeful that the worst of the coronavirus had passed and as countries begin to slowly open up from lockdown. But the unemployment data will hurt the sentiment at the end of the week. We are not buyers in here, the Politicians that imposed […]

Bitcoin: USD/BTC (BTC=X) Halving is 6 Sleeps Away

Bitcoin: USD/BTC (BTC=X) Halving is 6 Sleeps Away

Bitcoin: USD/BTC (BTC=X) Halving is 6 Sleeps Away Bitcoin halving search interest on Google has reached a fever pitch. On-chain activity is also on the rise as retail and institutional interest spikes. BTC bulls are hoping that history repeats itself and the price skyrockets. It’s been left for dead more than once, written off as nothing […]

While you were distracted, Boris made a big move

While you were distracted, Boris made a big move

Britain begins post-Brexit trade talks with the United States on Tuesday, with 100 negotiators on each side joining via videoconference. Many in Prime Minister Boris Johnson’s Conservative government hope for a free trade agreement with Washington as one of the biggest benefits of leaving the European Union. Officials said the first round of talks would […]

US exports plunged 9.6 percent in March and that’s the good news

US exports plunged 9.6 percent in March and that’s the good news

US exports plunged 9.6 percent in March — the biggest monthly decline on record — increasing the trade deficit to $44.4 billion as the coronavirus pandemic disrupted global commerce, according to government data released Tuesday. The Media and the Democrats continue to whip up a Carona frenzy with the aim of putting Joe Biden in […]

NASDAQ Composite (.IXIC) Faces Trouble in August

NASDAQ Composite (.IXIC) Faces Trouble in August

NASDAQ Composite (.IXIC) Faces Trouble in August This is the trap awaiting the stock market ahead of a grim summer This year is shaping up exactly like the 2000 dot-com bubble crash and stocks will drop a further 40%, Shayne Heffernan, CEO and Founder of Heffx warns. April produced the best monthly gains for the […]

Sohu.com Limited (NASDAQ:SOHU) Upgrades to its AI-Driven Multilingual Mobile Keyboard

Sohu.com Limited (NASDAQ:SOHU) Upgrades to its AI-Driven Multilingual Mobile Keyboard

Sohu.com Limited (NASDAQ:SOHU) Upgrades to its AI-Driven Multilingual Mobile Keyboard Sogou Inc. (NYSE: SOGO) (“Sogou” or “the Company”), an innovator in search and a leader in China’s internet industry, released its Sogou Mobile Keyboard 10.8, the latest version of the Sogou Mobile Keyboard. Powered by Sogou’s leading AI technologies, the latest upgrade features new multilingual […]

Trivago N.V. (NASDAQ:TRVG) Giving Partners a Break

Trivago N.V. (NASDAQ:TRVG) Giving Partners a Break

Trivago N.V. (NASDAQ:TRVG)Giving Partners a Break Faced with a drop of more than 95 percent in referral revenue in the last week of the first quarter, Trivago informed investors that it has started to “make changes to our organizational setup,” including “significant” headcount reductions. Other than chopping jobs, and reducing costs, Trivago didn’t specify what organizational […]

PT Kalbe Farma Tbk. (OTC:PTKFF) Growing in the midst of challenging Market Conditions

PT Kalbe Farma Tbk. (OTC:PTKFF) Growing in the midst of challenging Market Conditions

PT Kalbe Farma Tbk. (OTC:PTKFF) Growing in the midst of challenging Market Conditions PT Kalbe Farma Tbk. (“Kalbe”) was established in 1966 and is one of the largest publicly-listed pharmaceutical companies in Southeast Asia. Kalbe has four main divisions managing a broad and strong portfolio of brands; prescription pharmaceuticals division (Cefspan, Brainact, Broadced, etc), consumer […]

Dow Jones Industrial Average Target 13500 August September 32000 in 2021

Dow Jones Industrial Average Target 13500 August September 32000 in 2021

Dow Jones Industrial Average Target 13500 August September 32000 in 2021 U.S. stocks were indicated to start higher on Tuesday, as futures added to gains Monday night, after a last-hour turnaround from energy and technology shares allowed the major benchmarks to finish in positive territory after spending much of the day’s session in the red. […]

Tesla, Inc. (NASDAQ:TSLA) bids to become an energy provider in the United Kingdom

Tesla, Inc. (NASDAQ:TSLA) bids to become an energy provider in the United Kingdom

Tesla, Inc. (NASDAQ:TSLA) bids to become an energy provider in the United Kingdom California-based car manufacturer Tesla is taking initial steps to become an energy provider in the United Kingdom, The Telegraph reports. The publication notes that Elon Musk’s electric car company has applied to UK’s energy regulator for a license to generate electricity. “Having built a significant battery business in […]

Japanese Yen: USD/JPY (JPY=X) Buy at 105.20

Japanese Yen: USD/JPY (JPY=X) Buy at 105.20

Japanese Yen: USD/JPY (JPY=X) Buy at 105.20 USD/JPY has opened the week’s trade on a bearish note as risk-off amid fresh US-China trade woes weighs. The major was trading 0.14% lower on the day at 106.73 at around 05:15 GMT after closing 0.23% lower on Friday’s trade. US diplomats allege China for the mishandling of […]

Australian Dollar: USD/AUD (AUD=X) set to edge lower

Australian Dollar: USD/AUD (AUD=X) set to edge lower

Australian Dollar: USD/AUD (AUD=X) set to edge lower The Australian dollar significantly rallied a bit during the week, breaking above the 0.65 level before selling off towards the end of the same week. Ultimately, this is a market that I think could continue to see a lot of noise, especially in this area as it is a […]

Heffx Gold Report

Heffx Gold Report

Gold ETFs saw the highest quarterly inflows for four years amid global uncertainty and financial market volatility. Holdings of these products reached a record high of 3,185t by the end of Q1. These investment inflows helped push the US dollar gold price to an eight-year high. Consequently, global gold demand in value terms reached US$55bn – the […]

Asia Cashes in on Cheap Oil

Asia Cashes in on Cheap Oil

Some Asian nations are taking advantage of the collapse in prices caused by the coronavirus pandemic to build up their crude stockpiles. Here are some questions and answers about strategic reserves and the region’s oil supplies: – What are strategic oil reserves and why do countries need them? – Strategic reserves are stockpiles of oil […]

Berkshire Hathaway Takes a Beating

Hard-hit by the market rout surrounding the coronavirus pandemic, Berkshire Hathaway, the holding company of Warren Buffett, has reported first-quarter net losses of nearly $50 billion, it reported Saturday. The company, based in Omaha, Nebraska, called the setback “temporary” but said it could not reliably predict when its many businesses would return to normal or […]

What we should be demanding from our Governments after the Coronavirus

What we should be demanding from our Governments after the Coronavirus

Here is a list of things I think we should be demanding from our Governments after the Coronavirus. 1 Decriminalize Cash If Governments do have the power to lock us down, imagine what would happen if you are in that situation and your bank collapses, or the Government wants to restrict your financial transaction. This […]

Greece Nears Collapse

Greece Nears Collapse

Ten years after sinking into its worst economic crisis in living memory, Greece once again faces the spectre of a grave recession in the midst of a global coronavirus lockdown. Though the country has so far been spared the death toll of other European nations at fewer than 150 fatalities from COVID-19, it will not […]

Coronavirus infects manufacturing activity in the United States

Coronavirus infects manufacturing activity in the United States

The coronavirus pandemic caused manufacturing activity in the United States to post a historic decline in April, according to an industry survey Friday, and it may stay depressed for some time. The plunge in the Institute for Supply Management’s (ISM) manufacturing survey was not unexpected and actually slightly less severe than economists had anticipated, as […]

Trump Vs China is the Big News

Trump Vs China is the Big News

London and New York stocks sank on Friday after US President Donald Trump lashed out at China over the coronavirus crisis, bringing back bad memories of a damaging standoff between both countries over trade. The eurozone’s key equity markets were shut for a public holiday as were several exchanges in Asia. Investor nerves were tested […]

HEFFX BUY recommendation on JD.com

HEFFX BUY recommendation on JD.com

We issue a BUY recommendation on JD.com. (JD.O) based on a one-year target price of $60.00, offering a 38.12% upside potential from its closing price of $43.44 on April, 30th, 2020. Our recommendation is primarily driven by: Macroeconomic Outlook – The macro outlook for Chinese e-commerce giant JD.com (NASDAQ:JD) is actually quite strong. While the […]

Boris is Back

Boris is Back

U.K. Prime Minister Boris Johnson has returned to work at Downing Street, three weeks after being admitted to hospital with coronavirus. Boris Johnson has led the nation in a minute’s silence to pay tribute to the key workers who have died in the fight against the coronavirus. The prime minister, who has returned to work after his own battle with COVID-19, […]

The Future of the Global Economy after COVID19

The Future of the Global Economy after COVID19

What does a post-COVID-19 economy look like? Based on the response we have seen to the crisis so far, some things are already becoming clear. The number of new COVID-19 infections seems to have peaked globally. While testing is quite uneven, this does offer the prospect the apex of the crisis is passing. More attention must be given to the nature […]

HEFFX Oil Report

HEFFX Oil Report

A Shock Like No Other: The Impact of COVID-19 on the Oil Markets The outbreak of COVID-19 has been accompanied by widespread declines in global commodity prices. The pandemic represents a unique shock that has a major impact on both the demand and supply of commodities. Oil markets have been most affected, given the collapse […]

Canadian Dollar: USD/CAD (CAD=X) follows gains versus big dollar, ignores $3+ drop in crude prices

Canadian Dollar: USD/CAD (CAD=X) follows gains versus big dollar, ignores $3+ drop in crude prices

Canadian Dollar: USD/CAD (CAD=X) follows gains versus big dollar, ignores $3+ drop in crude prices The CAD is modestly firmer versus the USD but gains remain light relative to the AUD and NZD on the day—AUDCAD is trading at its highest levelsince the start of the year. We are bullish on the cross and look […]

Dow Jones Industrial Average (.DJI) in Focus

Dow Jones Industrial Average (.DJI) in Focus

Dow Jones Industrial Average (.DJI) in Focus The U.S. stock indexes are at a crossroads. The Dow Jones index (DJIA) seems to be the best picture of the current stock market situation. The key price of DJIA is 23775, and it is important whether the index falls below this line. If the index rebound strongly […]

United States Oil (USO) – Trump has tasked Mnuchin with developing a plan to revive the industry

United States Oil (USO) – Trump has tasked Mnuchin with developing a plan to revive the industry

United States Oil (USO) – Trump has tasked Mnuchin with developing a plan to revive the industry U.S. Treasury Secretary Steven Mnuchin weighed in on how he may work to rescue the energy industry hammered by the fallout from the coronavirus, which may include the government taking stakes in certain companies. Ticker Security Last Change Change % USO […]

Ethereum: USD/ETH (ETH=) notches higher highs

Ethereum: USD/ETH (ETH=) notches higher highs

Ethereum: USD/ETH (ETH=) notches higher highs Just hours ago as of the time of this article’s writing, Ethereum traded as high as $200, which meant that it had gained more than 120% from the lows of March. This has been a stunning rally that has convinced many investors to flip bullish on the leading altcoin. […]

Bitcoin: USD/BTC (BTC=X) Approaching Key Resistance

Bitcoin: USD/BTC (BTC=X) Approaching Key Resistance

Bitcoin: USD/BTC (BTC=X) Approaching Key Resistance Bitcoin is notoriously volatile, prone to sudden price surges and swift reversals that can wipe out millions of dollars of value in a matter of minutes. Those changes are often mysterious to market observers, given the digital currency’s lack of fundamentals, or ties to the real economy. Bitcoin has […]

Gold price high but miners say limited by COVID-19

Gold price high but miners say limited by COVID-19

Gold price high but miners say limited by COVID-19 Gold posted a two-sided trade last week before finishing higher. Selling pressure early in the week drove the market through the previous week’s low, but the comeback rally later in the week placed the market slightly below its seven year high at $1788.80. Short-term, the gold […]

Silver 1 OZ 999 NY (XAG=X) start week on front foot amid risk-on mood

Silver 1 OZ 999 NY (XAG=X) start week on front foot amid risk-on mood

Silver 1 OZ 999 NY (XAG=X) start week on front foot amid risk-on mood Three-month base metals prices on the London Metal Exchange were stronger across the board with prices up by an average of 1.7% as at 5.55am London time. Tin led the advance with a 3% rise to $15,350 per tonne, while aluminium […]

Australia: S&P/ASX 200 (.AXJO) gains ahead as US rallies, states ease lockdowns

Australia: S&P/ASX 200 (.AXJO) gains ahead as US rallies, states ease lockdowns

Australia: S&P/ASX 200 (.AXJO) gains ahead as US rallies, states ease lockdowns Australian shares are set to open higher as markets calmed after a wild week. ASX futures were up 82 points or 1.6 per cent to 5298. The Australian dollar was up 0.2 per cent to 63.85 US cents. Shayne Heffernan Trade Idea March […]

Cisco Systems, Inc. (NASDAQ:CSCO) – Smart Cities Bring Big Money

Cisco Systems, Inc. (NASDAQ:CSCO) – Smart Cities Bring Big Money

Cisco Systems, Inc. (NASDAQ:CSCO) – Smart Cities Bring Big Money Smart city tech will grow exponentially in the next few years, driven by advances in information and communications technology, including IoT sensors and analytics platforms. The smart city market is one of the fastest growing segments of government and is set to hit $775 billion […]

Gold 1 OZ (XAU=X) Investors Aiming for Gold

Gold 1 OZ (XAU=X) Investors Aiming for Gold

Gold 1 OZ (XAU=X) Investors Aiming for Gold Gold edged lower on Thursday as investors booked profits from sharp gains in the previous session, but prices held above the $1,700 an ounce level on the promise of more U.S. stimulus measures to ease the economic blow from the coronavirus crisis. Shayne Heffernan Trade Idea “As […]

Silver 1 OZ 999 NY (XAG=X) Buy at First Support

Silver 1 OZ 999 NY (XAG=X) Buy at First Support

Silver 1 OZ 999 NY (XAG=X) Buy at First Support Shayne Heffernan Trade Idea “The silver market is small so it doesn’t take a lot of money to really push prices higher.” Shayne Heffernan PhD in Economics Why This Matters Rising demand for silver from investors will offset sharp falls in consumption by jewellers and […]

Dow Jones Industrial Average (.DJI) another turbulent day on Wall Street

Dow Jones Industrial Average (.DJI) another turbulent day on Wall Street

Dow Jones Industrial Average (.DJI) another turbulent day on Wall Street It was another turbulent day on Wall Street as rapidly falling oil prices weighed on the stock market. Investors appeared to be moving to shed risk from their portfolios. Futures on West Texas Intermediate crude oil for June delivery plunged 43.4% to $11.57 a […]

Not Just Politics: Financial “Fake News” is Costing you Money

Not Just Politics: Financial “Fake News” is Costing you Money

Wall Street knows a thing or two about hoaxes and fraud. It’s worth remembering that financial markets have been dealing with hoaxes, frauds and fake news for a long time. The wrong response can be costly. Back in the bad old days, faxes and message boards were used to defraud investors.” Fake news creates confusion; […]

Singapore: STI Index (.STI) remains weak as it tests 2018 low

Singapore: STI Index (.STI) remains weak as it tests 2018 low

Singapore: STI Index (.STI) remains weak as it tests 2018 low At times of sharp declines, important lows provide support. The STI has moved below the Oct 2018 low of 2,972 and is testing the intra-day Oct 2018 low of 2,961. Short-term stochastics is at the low end of its range but it maybe another […]

Hong Kong: HANG SENG INDEX (.HSI) stock market is part bear, part bull, posing challenges to investors

Hong Kong: HANG SENG INDEX (.HSI) stock market is part bear, part bull, posing challenges to investors

Hong Kong: HANG SENG INDEX (.HSI) stock market is part bear, part bull, posing challenges to investors Hong Kong’s stock market is part bear, part bull, posing challenges to investors. China’s semiconductor stocks are showing some virus immunity.Investors should look for stocks that will thrive in the post-coronavirus world. Here are some analysts like. Five questions investors should be asking. How long […]

Australia: S&P/ASX 200 (.AXJO) Australia Optimistic

Australia: S&P/ASX 200 (.AXJO) Australia Optimistic

Australia: S&P/ASX 200 (.AXJO) Australia Optimistic The last 24 hours has featured a sea of red ink right across global market over night and Australia hasn’t avoided the carnage with the S&P/ASX 200 (ASX:XJO) plunging 2.5% or 132 points to close at 5221 points today. Shayne Heffernan Trade Idea “The bright spot is that people […]

Court Rules vs. Twitter in Bid to Reveal Surveillance Requests from U.S. Government

Court Rules vs. Twitter in Bid to Reveal Surveillance Requests from U.S. Government

The social network originally filed suit against the Department of Justice in October 2014 Twitter expressed disappointment at coming out on the losing end of a six-year court battle in which it sought the right to reveal surveillance requests received from the U.S. government. The social network filed its suit versus the U.S. Department of Justice in […]

Did Facebook, Inc. (NASDAQ:FB) turn Libra into another PayPal?

Did Facebook, Inc. (NASDAQ:FB) turn Libra into another PayPal?

Did Facebook, Inc. (NASDAQ:FB) turn Libra into another PayPal? Last year, Facebook (NASDAQ: FB) assembled a consortium of companies to create an open-source cryptocurrency called Libra. Facebook planned to offer Libra as a payment option in a digital wallet called Calibra, then integrate those payments into Messenger and WhatsApp. But shortly afterwards, leading members of the consortium — including Visa, Mastercard, […]

United States Oil (USO) – OPEC cuts fail to end the panic

United States Oil (USO) – OPEC cuts fail to end the panic

United States Oil (USO) – OPEC cuts fail to end the panic The coronavirus pandemic has caused oil demand to drop so rapidly that the world is running out of room to store barrels. At the same time, Russia and Saudi Arabia flooded the world with excess supply. That double black swan has caused oil prices to […]

Bitcoin: USD/BTC (BTC=X) are abuzz over new data showing more people might be tiptoeing into the market

Bitcoin: USD/BTC (BTC=X) are abuzz over new data showing more people might be tiptoeing into the market

Bitcoin: USD/BTC (BTC=X) are abuzz over new data showing more people might be tiptoeing into the market Mass adoption has long been one of the main bullish investment theses for bitcoin. The bet is growing numbers of institutions and individuals will eventually come to understand the cryptocurrency’s virtues, from its potential use as a peer-to-peer payment […]

FTSE Bursa Malaysia KLCI (.KLSE) pares gains, tracks regional markets but CIMB shines

FTSE Bursa Malaysia KLCI (.KLSE) pares gains, tracks regional markets but CIMB shines

FTSE Bursa Malaysia KLCI (.KLSE) pares gains, tracks regional markets but CIMB shines Bursa Malaysia’s blue chips gave up most of its gains on Monday as investor sentiment turned cautious in line with key Asian markets but CIMB Group managed to prop up the FBM KLCI. Shayne Heffernan Trade Idea “We remain no change to […]

Silver 1 OZ 999 NY (XAG=X) Shows No Signs Of Weakness

Silver 1 OZ 999 NY (XAG=X) Shows No Signs Of Weakness

Silver 1 OZ 999 NY (XAG=X) Shows No Signs Of Weakness Silver remained in a range between the 20 EMA near $15.00 and the 50 EMA at $15.60 while global markets turned red amid rapid downside move in crude oil prices. Currently, the precious metal segment is ignoring the broader sell-off which is a good sign for […]

Hong Kong: HANG SENG INDEX (.HSI) stocks firm as key Chinese rate cut again

Hong Kong: HANG SENG INDEX (.HSI) stocks firm as key Chinese rate cut again

Hong Kong: HANG SENG INDEX (.HSI) stocks firm as key Chinese rate cut again China and Hong Kong stocks firmed on Monday as a key Chinese lending rate was cut for the second time this year to shore up the coronavirus-hit economy. Shayne Heffernan Trade Idea “The ‘stay-at-home economy’ is replacing the social economy. People […]

Australia: S&P/ASX 200 (.AXJO) Extending Losses as Virgin Australia enters voluntary administration

Australia: S&P/ASX 200 (.AXJO) Extending Losses as Virgin Australia enters voluntary administration

Australia: S&P/ASX 200 (.AXJO) Extending Losses as Virgin Australia enters voluntary administration The Australian stock market is extending losses on Tuesday from the previous session following the weak cues overnight from Wall Street after crude oil futures turned negative for the first time ever. Investor sentiment was further dampened as Australia’s second biggest airline Virgin […]

Tesla, Inc. (NASDAQ:TSLA) on track for their first 10-day winning streak in history

Tesla, Inc. (NASDAQ:TSLA) on track for their first 10-day winning streak in history

Tesla, Inc. (NASDAQ:TSLA) on track for their first 10-day winning streak in history Tesla shares are at it again, rising for the ninth straight day. The stock rose 2.1% to more than $745 Thursday. The shares (ticker: TSLA) have been on a seemingly unstoppable run. They are up roughly 65% since April 2, when the […]

United States Oil (USO) – President Donald Trump pulled off an energy coup

United States Oil (USO) – President Donald Trump pulled off an energy coup

United States Oil (USO) – President Donald Trump pulled off an energy coup In the midst of a pandemic, President Donald Trump pulled off an energy coup: He was able to convince the second and third largest crude oil producing countries to set their bickering aside and voluntarily cut production, at least for a couple of […]

Bitcoin: USD/BTC (BTC=X) Isn’t a Safe-Haven

Bitcoin: USD/BTC (BTC=X) Isn’t a Safe-Haven

Bitcoin: USD/BTC (BTC=X) Isn’t a Safe-Haven Yet In a note published last week on April 15th, the Federal Reserve Bank of Kansas City claimed that Bitcoin is decisively not a safe haven, noting that the asset has acted more like a risk asset than digital gold. The central bank branch cited Bloomberg data, which shows that […]

Euro: USD/EUR (EUR=X) Rallies Are Now a Chance To Sell

Euro: USD/EUR (EUR=X) Rallies Are Now a Chance To Sell

Euro: USD/EUR (EUR=X) Rallies Are Now a Chance To Sell The Euro reversed to the upside late Friday as investors, cautiously optimistic about the results of a drug trial and President Donald Trump’s plan to reopen the economy, regained some appetite for risk and in the process took profits in the U.S. Dollar ahead of […]

Japanese Yen: USD/JPY (JPY=X) near-term bias remains neutral

Japanese Yen: USD/JPY (JPY=X) near-term bias remains neutral

Japanese Yen: USD/JPY (JPY=X) near-term bias remains neutral The Dollar/Yen finished marginally higher last week after posting an uneventful two-sided trade. The Forex pair fell to a two-week low as risk sentiment returned to the market following better-than-expected economic data from China (Trade Balance), which painted a less gloomy picture than feared following the coronavirus […]

It will be a Great Year to Breed Race Horses in Australia

It will be a Great Year to Breed Race Horses in Australia

It will be a tough for Aussie’s in the horse business for 2020 but if you are looking towards the 2022-3 Yearling sales it is great year. We have already seen some studs lower prices, broodmare prices will begin to bottom in July, the Owner/Breeder and the recreational owners will take a beating this year […]

Politics: We are doing it wrong

Politics: We are doing it wrong

Politics in the modern era has descended into a war of sound bites and Tweets. No longer are there deep philosophical arguments exploring ideas and direction. There is just short, sharp jabs and while they are entertaining they are not moving humanity forward. Case in point, the Coronavirus China was wrong to cover it up, […]

Australian Dollar: USD/AUD (AUD=X) volatile shifts in investor sentiment tied to the impact of the coronavirus

Australian Dollar: USD/AUD (AUD=X) volatile shifts in investor sentiment tied to the impact of the coronavirus

Australian Dollar: USD/AUD (AUD=X) volatile shifts in investor sentiment tied to the impact of the coronavirus The Australian Dollar closed lower last week, but surprisingly finished higher three out of five trading sessions. Most of last week’s loss took place in one trading session. The week started with the Australian Dollar, which is sensitive to […]

FTSE Bursa Malaysia KLCI (.KLSE) Navigating the Turbulence

FTSE Bursa Malaysia KLCI (.KLSE) Navigating the Turbulence

FTSE Bursa Malaysia KLCI (.KLSE) Navigating the Turbulence Bursa Malaysia extended last week’s gain to open higher today, with the composite index rising 1.19 per cent on the back of positive market sentiment following a strong performance on the Wall Street last week. The Shayne Heffernan Idea Wall Street’s stronger closing last Friday on hopes […]

Gold 1 OZ (XAU=X) demand in China continued to be in the doldrums

Gold 1 OZ (XAU=X) demand in China continued to be in the doldrums

Gold 1 OZ (XAU=X) demand in China continued to be in the doldrums Gold prices fell to a more than one-week low on Monday as the dollar firmed and as investors remained optimistic that the U.S. economy might reopen soon from lockdowns that were enforced to contain the novel coronavirus’ spread. Shayne Heffernan Trade Idea […]

Hong Kong: HANG SENG INDEX (.HSI) shares start with gains

Hong Kong: HANG SENG INDEX (.HSI) shares start with gains

Hong Kong: HANG SENG INDEX (.HSI) shares start with gains Hong Kong stocks kicked Monday off on a positive note, boosted by hopes that coronavirus infections are beginning to plateau. The Shayne Heffernan Idea Low valuations don’t constitute a reason for buying, but extreme low ones may do. “The extremely low valuations have already implied […]

Australia: S&P/ASX 200 (.AXJO) All Hinges on Virus News

Australia: S&P/ASX 200 (.AXJO) All Hinges on Virus News

Australia: S&P/ASX 200 (.AXJO) All Hinges on Virus News The Australian share market has begun its week moderately lower. The Shayne Heffernan Idea We have several different types of policies all bundled together, and we’re going to be looking for insights as to which of these policies are working and which ones to reinforce. “The […]

Sell in May and Go Away? Maybe

Sell in May and Go Away? Maybe

The Shayne Heffernan Idea Sell in May and Go Away? Maybe As Countries reopen in May the market will rally, But, this may not be the time to buy, yes if you buy here long term you will make money but if you are looking for the trades of the decade hold your horses until […]

Tesla, Inc. (NASDAQ:TSLA) to face lawsuit over Elon Musk’s take-private tweet

Tesla, Inc. (NASDAQ:TSLA) to face lawsuit over Elon Musk’s take-private tweet

Tesla, Inc. (NASDAQ:TSLA) to face lawsuit over Elon Musk’s take-private tweet esla Inc. must face an investor lawsuit over Elon Musk’s notorious 2018 tweet about taking the electric car maker private. The ruling means Tesla will have to provide documents and other evidence to the plaintiffs as the case moves forward. Musk will probably have […]

Facebook, Inc. (NASDAQ:FB) will soon let you know if you shared or interacted with dangerous coronavirus misinformation on the site

Facebook, Inc. (NASDAQ:FB) will soon let you know if you shared or interacted with dangerous coronavirus misinformation on the site

Facebook, Inc. (NASDAQ:FB) will soon let you know if you shared or interacted with dangerous coronavirus misinformation on the site Facebook will soon let you know if you shared or interacted with dangerous coronavirus misinformation on the site, the latest in a string of aggressive efforts the social media giant is taking to contain an […]

United States Oil (USO) Climb on U.S. Reopening Plans

United States Oil (USO) Climb on U.S. Reopening Plans

United States Oil (USO) Climb on U.S. Reopening Plans Stocks pushed higher with U.S. equity futures on Friday as tentative steps toward restarting the world’s largest economy helped investors look past mixed progress on curbing the coronavirus and dismal data from China. West Texas oil slumped. Investors in risk assets are ending the week on […]

Ethereum: USD/ETH (ETH=) – What is Ethereum? A Beginner’s Guide

Ethereum: USD/ETH (ETH=) – What is Ethereum? A Beginner’s Guide

Ethereum: USD/ETH (ETH=) – What is Ethereum? A Beginner’s Guide In the cryptocurrency world, if Bitcoin is the king, then Ethereum is the queen. The price of Ethereum (ETH) has risen significantly in the past few months, and it’s one of the most promising cryptocurrencies right now. In this article, I will help you understand everything about Ethereum & you would learn […]

Bitcoin: USD/BTC (BTC=X) – What is Bitcoin? A Beginner’s Guide

Bitcoin: USD/BTC (BTC=X) – What is Bitcoin? A Beginner’s Guide

Bitcoin: USD/BTC (BTC=X) – What is Bitcoin? A Beginner’s Guide Bitcoin is one of those things that in the past several years has created a lot of buzz around the globe. Be it Brexit, or Donald Trump as the new US president, or India demonetizing their currency, dramatic economic events can be viewed in terms of Bitcoin. In this beginner’s […]

Shanghai: SSE Composite Index (.SSEC) stocks advanced as traders looked past data showing the economy contracted

Shanghai: SSE Composite Index (.SSEC) stocks advanced as traders looked past data showing the economy contracted

Shanghai: SSE Composite Index (.SSEC) dull before the data release China’s stocks advanced as traders looked past data showing the economy contracted for the first time since at least 1992. The Shanghai Composite Index was up 0.7% at 2:21 p.m. local time, with a broad range of shares climbing. The yuan traded little changed after […]

Canadian Dollar: USD/CAD (CAD=X) higher as traders digest the disappointing U.S. retail sales data

Canadian Dollar: USD/CAD (CAD=X) higher as traders digest the disappointing U.S. retail sales data

Canadian Dollar: USD/CAD (CAD=X) higher as traders digest the disappointing U.S. retail sales data The Canadian dollar finally found some support overnight, after free-falling since Tuesday, and it had nothing to do with any domestic reasons. Canadian dollar direction, like the rest of the G-10 majors, continues to be dictated by broad U.S.-dollar sentiment. That […]

British Pound continues to grind lower, it’s a buy soon

British Pound continues to grind lower, it’s a buy soon

British Pound: USD/GBP (GBP=X) continues to grind lower The British pound has been extraordinarily bullish, so it seems as if traders have been ignoring the potential troubles coming out of the United Kingdom, not the least of which of course is going to be the extended lockdown. Beyond that, we need to think about Brexit […]

Euro: USD/EUR (EUR=X) at fresh weekly lows and bearish, break below 1.0800 likely

Euro: USD/EUR (EUR=X) at fresh weekly lows and bearish, break below 1.0800 likely

Euro: USD/EUR (EUR=X) at fresh weekly lows and bearish, break below 1.0800 likely A decisive positive candle got the EUR/USD rally back on track yesterday. The thin volume of the Easter trading period questioned the strength of the near term recovery. However, the bulls fought back really well yesterday in a move which is now […]

Japanese Yen: USD/JPY (JPY=X) outlook bullish for stronger gain to 118.59/61 early next week

Japanese Yen: USD/JPY (JPY=X) outlook bullish for stronger gain to 118.59/61 early next week

Japanese Yen: USD/JPY (JPY=X) outlook bullish for stronger gain to 118.59/61 early next week Pay attention to the stock market, because it will make quite a bit of difference as to where this market goes. Ultimately, this is a market that I think continues to see a lot of noise but clearly if we break […]

Australian Dollar: USD/AUD (AUD=X) unchanged despite weaker-than-expected China Q1 GDP

Australian Dollar: USD/AUD (AUD=X) unchanged despite weaker-than-expected China Q1 GDP

Australian Dollar: USD/AUD (AUD=X) unchanged despite weaker-than-expected China Q1 GDP Aussie remained bid despite weaker-than-expected China Q1 GDP. Renewed hopes for coronavirus treatment support the antipodeans.  STAT news report that Gilead Sciences’ experimental drug ‘Remdesivir’ is seeing rapid recoveries in fever and respiratory symptoms associated with coronavirus.  On the data front, China registers first GDP […]

Australia: S&P/ASX 200 (.AXJO) slides again as economic reality sets in

Australia: S&P/ASX 200 (.AXJO) slides again as economic reality sets in

Australia: S&P/ASX 200 (.AXJO) slides again as economic reality sets in Australian shares are set to open lower as Wall Street struggled in the wake of fresh record unemployment in the US and another push from Donald Trump to reopen the economy early despite the advice of health experts. ASX futures were down 72 points […]

Hong Kong: HANG SENG INDEX (.HSI) drops as impact of virus weighs down Asia

Hong Kong: HANG SENG INDEX (.HSI) drops as impact of virus weighs down Asia

Hong Kong: HANG SENG INDEX (.HSI) drops as impact of virus weighs down Asia Hong Kong stocks finished down on Thursday after a negative cue from Wall Street and with investors worried about the ongoing economic impact of the coronavirus pandemic. The Hang Seng Index dropped 0.6 percent, to close at 24,006. On the mainland, […]

Silver 1 OZ 999 NY (XAG=X) to stay positive hence it’s clearly a buy on dips market

Silver 1 OZ 999 NY (XAG=X) to stay positive hence it’s clearly a buy on dips market

Silver 1 OZ 999 NY (XAG=X) to stay positive hence it’s clearly a buy on dips market Silver stays below the 50 EMA level at $15.60 following the release of U.S. Initial Jobless Claims  report which showed that 5.25 million of Americans applied for unemployment benefits. Currently, it looks like the market was ready to hear the bad […]

Gold 1 OZ (XAU=X) entering a new era of zero interest rate and devaluing currencies

Gold 1 OZ (XAU=X) entering a new era of zero interest rate and devaluing currencies

Gold 1 OZ (XAU=X) entering a new era of zero interest rate and devaluing currencies Gold futures gave up earlier gains to end lower on Thursday, pressured as the U.S. dollar strengthened in the wake of a surge in weekly U.S. jobless claims, which underlined the rapid deterioration in the economy from the COVID-19 pandemic. […]

Real Estate: What Wealthy Buyers Look for in Times of Crisis

Real Estate:  What Wealthy Buyers Look for in Times of Crisis

Luxury bunkers, isolated compounds, and other high-end features for doomsday scenarios The coronavirus crisis is changing daily life around the globe in dramatic ways—and homeowners and buyers are thinking about how they might make changes, too, to their properties, to be better prepared for disaster scenarios. Survivalist prepping is nothing new for many high-net-worth individuals. […]

Tesla, Inc. (NASDAQ:TSLA) stock extends rally, up 60% in the past seven days

Tesla, Inc. (NASDAQ:TSLA) stock extends rally, up 60% in the past seven days

Tesla, Inc. (NASDAQ:TSLA) stock extends rally, up 60% in the past seven days Tesla stock rallied Tuesday as some investors bet that the Silicon Valley car maker is better equipped than most companies to weather the broadside dealt by the coronavirus pandemic. Shares of Tesla (TSLA) were poised to end at their highest in nearly six […]