Singapore: STI Index (.STI) suggests little movement and mild upside

Singapore: STI Index (.STI) suggests little movement and mild upside

Singapore: STI Index (.STI) suggests little movement and mild upside The Singapore stock market headed south again on Friday, one session after it had ended the three-day slide in which it had stumbled almost 30 points or 0.9 percent. The Straits Times Index now rests just beneath the 3,190-point plateau although it figures to bounce […]

Apple Inc. (NASDAQ:AAPL) could soar this year if it introduces media bundling

Apple Inc. (NASDAQ:AAPL) could soar this year if it introduces media bundling

Apple Inc. (NASDAQ:AAPL) could soar this year if it introduces media bundling Apple has made quite a comeback since it reported better-than-feared earnings, but many investors have little faith that the iPhone-maker can return to a $1 trillion market value with slowing smartphone demand. Morgan Stanley, however, disagrees. In fact, the bank said life beyond iPhone could […]

Bitcoin: USD/BTC (BTC=X) hovering over the $3,450 mark again

Bitcoin: USD/BTC (BTC=X) hovering over the $3,450 mark again

Bitcoin: USD/BTC (BTC=X) hovering over the $3,450 mark again Bitcoin is down a fraction of half percent on the day, trading at around $3,476, according to CoinMarketCap. Looking at its weekly chart on CoinMarketCap, the current price is about 3 percent lower than $3,594, the price at which Bitcoin started the week. The stock market is […]

Alphabet Inc. (NASDAQ:GOOG) hardware business will continue to impress

Alphabet Inc. (NASDAQ:GOOG) hardware business will continue to impress

Alphabet Inc. (NASDAQ:GOOG) hardware business will continue to impress Mark Mahaney of RBC believes that Google’s hardware business will continue to impress. “Google has over the past few years made hardware development and innovation a bigger strategic and engineering focus for the company, via both acquisitions (Nest, HTC) and organic efforts. The result has been […]

United States Oil (USO) OPEC oil supply fell in January by the largest amount in two years

United States Oil (USO) OPEC oil supply fell in January by the largest amount in two years

United States Oil (USO) OPEC oil supply fell in January by the largest amount in two years Oil prices prices were stable on Monday, largely maintaining gains from the previous session as OPEC-led supply cuts and U.S. sanctions against Venezuela provided the market with support. International Brent crude oil futures were at $62.76 per barrel at 0507 […]

Dow Jones Industrial Average (.DJI) top stocks have broken out into buy zones

Dow Jones Industrial Average (.DJI) top stocks have broken out into buy zones

Dow Jones Industrial Average (.DJI) top stocks have broken out into buy zones Dow Jones futures were little changed Sunday night, along with S&P 500 futures and Nasdaq futures. The current stock market rally recently ended a short pause, with the Dow Jones, S&P 500 index and Nasdaq composite rallying to their best levels since […]

Twitter, Inc. (NYSE:TWTR) scheduled to report fourth quarter earnings in the upcoming week

Twitter, Inc. (NYSE:TWTR) scheduled to report fourth quarter earnings in the upcoming week

Twitter, Inc. (NYSE:TWTR) scheduled to report fourth quarter earnings in the upcoming week Twitter (NYSE:TWTR) is yet another important digital economy stock that’s scheduled to report fourth quarter earnings in the upcoming week. Analysts are expecting a 31% surge in income to $0.25 a share on sales of $869 million. The company will report on […]

Facebook, Inc. (NASDAQ:FB) turns 15

Facebook, Inc. (NASDAQ:FB) turns 15

Facebook, Inc. (NASDAQ:FB) turns 15 Mark Zuckerberg launched Facebook on February 4, 2004 — 15 years ago to the day on Monday. Since then, Facebook has become the most popular social networking site in the world, while Zuckerberg’s net worth has exploded to more than $60 billion. In recent years, Zuckerberg’s leadership has come into […]

NASDAQ Composite (.IXIC) Heffx Trading Outlook

NASDAQ Composite (.IXIC) Heffx Trading Outlook

NASDAQ Composite (.IXIC) Heffx Trading Outlook Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 7,642.39. The projected lower bound is: 6,885.98. The projected closing price is: 7,264.19. Candlesticks A white body occurred (because prices closed higher than they opened). During the […]

Netflix, Inc. (NASDAQ:NFLX) customer base will create an invisible price increase of its own

Netflix, Inc. (NASDAQ:NFLX) customer base will create an invisible price increase of its own

Netflix, Inc. (NASDAQ:NFLX) customer base will create an invisible price increase of its own Netflix (NASDAQ:NFLX) just raised prices. Customers hated it. Investors loved it. It caused a stir, and then it faded away — and, if patterns hold, it should be at least a year or two before we see Netflix hike prices again. But that doesn’t mean […]

Silver 1 OZ 999 NY (XAG=X) tracking gold to see a modest gain in 2019

Silver 1 OZ 999 NY (XAG=X) tracking gold to see a modest gain in 2019

Silver 1 OZ 999 NY (XAG=X) tracking gold to see a modest gain in 2019 Silver prices will track gold to see a modest gain in 2019 according to the average forecast from  analysts taking part in this year’s survey by wholesale metals trade body the London Bullion Market Association. After falling within 1 cent of 2015’s […]

Australia: S&P/ASX 200 (.AXJO) busy week for local investors

Australia: S&P/ASX 200 (.AXJO) busy week for local investors

Australia: S&P/ASX 200 (.AXJO) busy week for local investors Australian shares are poised to open higher though trading hesitant ahead of Commissioner Hayne’s report. ASX futures were up 20 points. The Australian dollar slipped 0.3 per cent. It’s going to be a busy week for local investors with today’s report on the financial sector first […]

Australian Dollar: USD/AUD (AUD=X) RBA might well be forced to step in soon and actually cut official interest rates

Australian Dollar: USD/AUD (AUD=X) RBA might well be forced to step in soon and actually cut official interest rates

Australian Dollar: USD/AUD (AUD=X) RBA might well be forced to step in soon and actually cut official interest rates The AUD/USD might have seen a bit of a resurgence in the last week or so, but there are rumblings that the RBA might well be forced to step in soon and actually cut official interest […]

Euro: USD/EUR (EUR=X) bounce has plenty of resistance to contend with

Euro: USD/EUR (EUR=X) bounce has plenty of resistance to contend with

Euro: USD/EUR (EUR=X) bounce has plenty of resistance to contend with The Euro continues to be a difficult handle with volatility extremely low. The 3-month percentage range is the smallest it’s been since the doldrums of 2014. We may not be in for a massive move like the one that began then, but we are […]

British Pound: USD/GBP (GBP=X) upcoming week’s key events are the BoE rate announcement and inflation report

British Pound: USD/GBP (GBP=X) upcoming week’s key events are the BoE rate announcement and inflation report

British Pound: USD/GBP (GBP=X) upcoming week’s key events are the BoE rate announcement and inflation report After a string of weekly gains, cable headed lower last week. Parliament revisited the withdrawal agreement, but the confusion over a post-Brexit remains. Lawmakers indicated that they oppose a no-deal and sent Theresa May back to Brussels to renegotiate […]

Singapore: STI Index (.STI) tide has turned for the Singapore office market

Singapore: STI Index (.STI) tide has turned for the Singapore office market

Singapore: STI Index (.STI) tide has turned for the Singapore office market Singapore’s Office Price Index rose by 5.7 per cent the whole of last year compared with a 2.4 per cent decline in 2017, according to statistics from the Urban Redevelopment Authority (URA). With the index rising six straight quarters, accumulating a total gain […]

Gold 1 OZ (XAU=X) Wall Street voters remained bullish

Gold 1 OZ (XAU=X) Wall Street voters remained bullish

Gold 1 OZ (XAU=X) Wall Street voters remained bullish Wall Street and Main Street look for gold to keep climbing next week, according to the Kitco News gold survey. Many traders and analysts cited a dovish Federal Open Market Committee after a policy meeting this week, in which officials indicated they are pausing in the monetary-tightening cycle […]

Shanghai: SSE Composite Index (.SSEC) What could go wrong?

Shanghai: SSE Composite Index (.SSEC) What could go wrong?

Shanghai: SSE Composite Index (.SSEC) What could go wrong? Prepare for a repeat of China’s 2015 boom, bust and whimper? Days after replacing an overly cautious securities regulator, Beijing has mounted a multi-pronged effort to revive the market’s buzz: It set out the framework for a new tech-stocks exchange, cleared the way for more margin loans, made it easier for […]

Japanese Yen: USD/JPY (JPY=X) Investors remain somewhat cautious

Japanese Yen: USD/JPY (JPY=X) Investors remain somewhat cautious

Japanese Yen: USD/JPY (JPY=X) Investors remain somewhat cautious Investors remain somewhat cautious, which has kept the safe-haven yen subdued. The markets have digested that the Fed will likely ease up on monetary policy in 2019, which weighed on the greenback in January. The global trade war continues and investors are waiting to see if tensions […]

Hong Kong: HANG SENG INDEX (.HSI) red hot after the nightmare of 2018

Hong Kong: HANG SENG INDEX (.HSI) red hot after the nightmare of 2018

Hong Kong: HANG SENG INDEX (.HSI) red hot after the nightmare of 2018 Hong Kong’s Hang Seng shot up 8 per cent in January, after suffering a loss of 15 per cent over all of last year. On Thursday, the Hang Seng closed at the highest level in four months – 27,942.47, or a 1.1 […]

Terror Attack at Brisbane Airport Subject of Major Cover Up

Terror Attack at Brisbane Airport Subject of Major Cover Up

Once again the serious threat of Islamic Terrorism has been the subject of a Massive Police/Media cover up. Australia is now a victim of Politically Correct Authorities and a Left Wing Media that will not cover the truth. Australia needs to change, the major parties have failed and parties like One Nation have grown as […]

Trump has America Back at Work

Trump has America Back at Work

US job creation saw another blockbuster month in January, blowing past the government shutdown, but that disruption helped to push the unemployment rate higher, the Labor Department reported Friday. The construction, health care, hospitality and retail sectors added tens of thousands workers, another sign the robust labor market remain a fundamental source of strength even […]

United States Oil (USO) Sanctions On Venezuela Could Be An Energy Windfall For India And China

United States Oil (USO) Sanctions On Venezuela Could Be An Energy Windfall For India And China

United States Oil (USO) Sanctions On Venezuela Could Be An Energy Windfall For India And China Oil sanctions imposed by the U.S. on Venezuela earlier this week could prove to be an energy windfall for India and China. The Trump Administration announced sanctions against Venezuela’s state-owned oil company, Petróleos de Venezuela, S.A., or PDVSA, targeting […]

Apple has suspended Alphabet Inc. (NASDAQ:GOOG) employees’ ability to run internal iOS

Apple has suspended Alphabet Inc. (NASDAQ:GOOG) employees’ ability to run internal iOS

Apple has suspended Alphabet Inc. (NASDAQ:GOOG) employees’ ability to run internal iOS On Thursday, Apple revoked Google’s ability to run internal iOS apps, leaving Google employees unable to access tools necessary to do their jobs, according to a report in The Verge. The move was meant as a punishment for Google’s use of a data-collecting app […]

Bitcoin: USD/BTC (BTC=X) Relative Strength Index (RSI) for the cryptocurrency has reached the oversold area

Bitcoin: USD/BTC (BTC=X) Relative Strength Index (RSI) for the cryptocurrency has reached the oversold area

Bitcoin: USD/BTC (BTC=X) Relative Strength Index (RSI) for the cryptocurrency has reached the oversold area Despite Current Trends, Investors Should Stay Calm According to the Forbes article, crypto investors should not adopt a bearish attitude, even if the Bitcoin price goes below the US $3,000 threshold. The Relative Strength Index (RSI) for the cryptocurrency has reached the […]

Facebook, Inc. (NASDAQ:FB) keeps growing with no sign of slowing down

Facebook, Inc. (NASDAQ:FB) keeps growing with no sign of slowing down

Facebook, Inc. (NASDAQ:FB) keeps growing with no sign of slowing down Despite the scandals and controversies, Facebook analysts agree on one thing: The social media giant keeps growing with no sign of slowing down. Analysts also agree that by all metrics, the company exceeded expectations posting strong fourth-quarter numbers after the bell on Wednesday. Analysts pointed out that […]

Apple Inc. (NASDAQ:AAPL) remained aggressive in buying back its stock

Apple Inc. (NASDAQ:AAPL) remained aggressive in buying back its stock

Apple Inc. (NASDAQ:AAPL) remained aggressive in buying back its stock Apple Inc. remained aggressive in buying back its stock when momentum was strong, and prices held above the $200 mark, but when the going got tough for investors, Apple was nowhere to be found. In a filing with the Securities and Exchange Commission, the technology […]

NASDAQ Composite (.IXIC) moves above the 100 day MA stalled and rotated back below

NASDAQ Composite (.IXIC) moves above the 100 day MA stalled and rotated back below

NASDAQ Composite (.IXIC) moves above the 100 day MA stalled and rotated back below The Nasdaq index with less than an hour left in trading, is trading higher by 76 points or 1.08% at 7260.  Solid gain, but off the high at 7303.12. That high was able to extend above the indexes 100 day MA […]

Alibaba Group Holding Limited (NYSE:BABA) Shares have surged this month as investors grow more optimistic about online spending in China

Alibaba Group Holding Limited (NYSE:BABA) Shares have surged this month as investors grow more optimistic about online spending in China

Alibaba Group Holding Limited (NYSE:BABA) Shares have surged this month as investors grow more optimistic about online spending in China Shares of Alibaba and smaller rivals have surged in January, as investors grew more optimistic about online spending in China.What’s Happening Alibaba, the Chinese e-commerce titan, jumped 6.3% to $166.82 in New York on Wednesday. […]

Tesla, Inc. (NASDAQ:TSLA) announcement that Chief Financial Officer Deepak Ahuja is retiring has unnerved Wall Street’s top analysts

Tesla, Inc. (NASDAQ:TSLA) announcement that Chief Financial Officer Deepak Ahuja is retiring has unnerved Wall Street’s top analysts

Tesla, Inc. (NASDAQ:TSLA) announcement that Chief Financial Officer Deepak Ahuja is retiring has unnerved Wall Street’s top analysts Tesla’s announcement that Chief Financial Officer Deepak Ahuja is retiring has unnerved Wall Street’s top analysts and overshadowed the company’s sales beat in the fourth quarter. Many viewed the loss of the longtime executive as the most significant […]

Dow Jones Industrial Average (.DJI) falling hard as the market moved to wrap up a very strong January

Dow Jones Industrial Average (.DJI) falling hard as the market moved to wrap up a very strong January

Dow Jones Industrial Average (.DJI) falling hard as the market moved to wrap up a very strong January Stocks launched into mixed trade Thursday with the Nasdaq holding a strong lead and the Dow Jones Industrial Average falling hard as the market moved to wrap up a very strong January. The Nasdaq Composite hammered out […]

Gold 1 OZ (XAU=X) buying support from a more dovish U.S. Federal Reserve

Gold 1 OZ (XAU=X) buying support from a more dovish U.S. Federal Reserve

Gold 1 OZ (XAU=X) buying support from a more dovish U.S. Federal Reserve Technically, the gold bulls have the firm overall near-term technical advantage and have gained power this week. Prices are in a 2.5-month-old uptrend on the daily bar chart. Bulls’ next upside price objective is to produce a close in February futures above […]

Federal Reserve keeps rates steady, Australian Dollar: USD/AUD (AUD=X) shoots up

Federal Reserve keeps rates steady, Australian Dollar: USD/AUD (AUD=X) shoots up

Federal Reserve keeps rates steady, Australian Dollar: USD/AUD (AUD=X) shoots up The US Federal Reserve’s January monetary policy statement was dovish and this provided further impetus to the Aussie dollar after release of the CPI data. The key words are as follows: ‘In light of global economic and financial developments and muted inflation pressures, the […]

Singapore: STI Index (.STI) markets rise after Fed says it won’t raise interest rates

Singapore: STI Index (.STI) markets rise after Fed says it won’t raise interest rates

Singapore: STI Index (.STI) markets rise after Fed says it won’t raise interest rates Asia markets cheered on Thursday, as a dovish United States (US) Federal Reserve signalled it would slow down its pace of interest rate hikes, putting an ease on concerns to the rising cost of borrowing. This is even though weak economic […]

Euro: USD/EUR (EUR=X) surges after FOMC

Euro: USD/EUR (EUR=X) surges after FOMC

Euro: USD/EUR (EUR=X) surges after FOMC The weaker dollar lit a rocket underneath the euro yesterday, and we have seen the EUR/USD price push back above $1.15. Further gains target $1.1554 and then $1.16 and the top end of the upward channel. The $1.14 area is key for possible support. Overall, the bias in prices is: Sideways. […]

Shanghai: SSE Composite Index (.SSEC) official data from China showing that the Chinese economy contracted for the second month

Shanghai: SSE Composite Index (.SSEC) official data from China showing that the Chinese economy contracted for the second month

Shanghai: SSE Composite Index (.SSEC) official data from China showing that the Chinese economy contracted for the second month Major stocks in Asia closed mixed on Thursday on the back of official data from China showing that the Chinese economy contracted for the second month in a row in January. The mainland Chinese markets ended […]

Silver 1 OZ 999 NY (XAG=X) next big economic data point is Friday’s U.S. jobs report

Silver 1 OZ 999 NY (XAG=X) next big economic data point is Friday’s U.S. jobs report

Silver 1 OZ 999 NY (XAG=X) next big economic data point is Friday’s U.S. jobs report Traders and investors are still digesting the Federal Reserve’s Open Market Committee (FOMC) meeting that concluded Wednesday afternoon. The FOMC statement contained no monetary policy changes but the FOMC members said they will now be patient on future Fed […]

Hong Kong: HANG SENG INDEX (.HSI) gains came after the U.S. central bank kept interest rates unchanged

Hong Kong: HANG SENG INDEX (.HSI) gains came after the U.S. central bank kept interest rates unchanged

Hong Kong: HANG SENG INDEX (.HSI) gains came after the U.S. central bank kept interest rates unchanged Hong Kong shares rose to an over four-month high on Thursday, after the U.S. Federal Reserve signaled it would be patient about further rate increases. The Hang Seng Index added 1.1% to 27,942.47, its highest close since Sept. […]

Japanese Yen: USD/JPY (JPY=X) takes a turn lower

Japanese Yen: USD/JPY (JPY=X) takes a turn lower

Japanese Yen: USD/JPY (JPY=X) takes a turn lower The dollar’s drop yesterday further reinforces the impression that the USD/JPY is headed lower. The price is oversold on an intraday basis, but any rebound may well provide a lower high in due course and a new selling opportunity. The ¥109.20 and then ¥109.60 levels are areas of possible […]

Australia: S&P/ASX 200 (.AXJO) futures pointing higher

Australia: S&P/ASX 200 (.AXJO) futures pointing higher

Australia: S&P/ASX 200 (.AXJO) futures pointing higher According to the latest SPI futures, the ASX 200 is expected to open the day higher on Friday. Current futures contracts are pointing to an 8-point or 0.15% gain at the open. This follows a mixed night of trade on Wall Street which late in the session sees […]

British Pound: USD/GBP (GBP=X) bounces off 200-day SMA

British Pound: USD/GBP (GBP=X) bounces off 200-day SMA

British Pound: USD/GBP (GBP=X) bounces off 200-day SMA GBP/USD found support at the 200-day simple moving average (SMA) of $1.3056, and then began a new move higher. Further gains target $1.32, the highs from the end of last week, and then $1.3338 and $1.3470 come into view from here. The bullish view remains, unless we see […]

Dow Jones Industrial Average (.DJI) rises sharply getting a boost from a surge in shares of Apple and Boeing.

Dow Jones Industrial Average (.DJI) rises sharply getting a boost from a surge in shares of Apple and Boeing.

Dow Jones Industrial Average (.DJI) rises sharply getting a boost from a surge in shares of Apple and Boeing. The Federal Reserve announced Wednesday afternoon that it was keeping interest rates at current levels while also signaling that the central bank is willing to adjust its balance sheet normalization amid pressure from the White House […]

Facebook, Inc. (NASDAQ:FB) User Engagement Held Steady

Facebook, Inc. (NASDAQ:FB) User Engagement Held Steady

Facebook, Inc. (NASDAQ:FB) User Engagement Held Steady Facebook (FB) reported fourth-quarter earnings after the market close Wednesday that topped Wall Street estimates, driving Facebook stock sharply higher in extended trading. The social networking giant reported adjusted earnings of $2.38 per share and revenue of $16.9 billion. Wall Street analysts expected $2.19 per share on revenue of […]

Tesla, Inc. (NASDAQ:TSLA) company posts fourth-quarter profit that misses expectations

Tesla, Inc. (NASDAQ:TSLA) company posts fourth-quarter profit that misses expectations

Tesla, Inc. (NASDAQ:TSLA) company posts fourth-quarter profit that misses expectations Tesla reported its second consecutive quarterly profit Wednesday and better-than-expected sales, but its fourth-quarter earnings fell short of analysts’ expectations and sent its shares south after the markets closed. CEO Elon Musk also announced a major change to the electric carmaker’s executive ranks with the […]

Apple Inc. (NASDAQ:AAPL) Premarket Rally

Apple Inc. (NASDAQ:AAPL) Premarket Rally

Apple Inc. (NASDAQ:AAPL) Premarket Rally Apple earnings rose 7% to $4.18 a share, up 7% vs. a year earlier and 1 cent above fiscal Q1 views. Revenue fell to $84.3 billion, narrowly topping lowered estimates. Services revenue climbed 19% to $10.9 billion. Apple sees fiscal Q2 revenue at $55 billion to $59 billion, with the $57 […]

Bitcoin: USD/BTC (BTC=X) has now entered a new selling trend for the first time since mid-November

Bitcoin: USD/BTC (BTC=X) has now entered a new selling trend for the first time since mid-November

Bitcoin: USD/BTC (BTC=X) has now entered a new selling trend for the first time since mid-November The bitcoin price has been trading around the $3,500 mark over the last month, falling to lows of $3,322 this week, according to prices from the Luxembourg-based Bitstamp exchange. Lingham’s warning follows worrying reports that bitcoin could be headed for […]

NASDAQ Composite (.IXIC) Heffx Technical Outlook

NASDAQ Composite (.IXIC) Heffx Technical Outlook

NASDAQ Composite (.IXIC) Heffx Technical Outlook Wednesday’s session closes with the NASDAQ Composite Index at 7,183.08. The total shares traded for the NASDAQ was over 2.49 billion. Advancers stocks led declining by 2.29 to 1 ratio. There were 2180 advancers and 950 decliners for the day. On the NASDAQ Stock Exchange 17 stocks reached a […]

Twitter, Inc. (NYSE:TWTR) shares jump after Facebook’s massive earnings beat shows online ad strength

Twitter, Inc. (NYSE:TWTR) shares jump after Facebook’s massive earnings beat shows online ad strength

Twitter, Inc. (NYSE:TWTR) shares jump after Facebook’s massive earnings beat shows online ad strength Twitter spiked nearly 3 percent after hours, Google parent company Alphabet jumped 1.6 percent and Snap saw a 1.4 percent bump. In a year where all of tech was viewed with increased skepticism due to privacy scandals, Facebook’s earnings helped make the case that users […]

United States Oil (USO) prices settle at a more than 2-month high

United States Oil (USO) prices settle at a more than 2-month high

United States Oil (USO) prices settle at a more than 2-month high Oil futures climbed Wednesday, with U.S. prices settling at their highest in more than two months as political turmoil in Venezuela raised the possibility of tighter global supplies and weekly U.S. crude stockpiles rose less than expected. March West Texas Intermediate oil CLH9, +0.55% rose 92 cents, or […]

Alphabet Inc. (NASDAQ:GOOG) has a $115 billion pile of cash that could be used to boost its stock

Alphabet Inc. (NASDAQ:GOOG) has a $115 billion pile of cash that could be used to boost its stock

Alphabet Inc. (NASDAQ:GOOG) has a $115 billion pile of cash that could be used to boost its stock Google parent company Alphabet has been a cash-generating machine over the past few years and can use its stash to boost its stock, Jefferies says.“Despite often heavy investments in many initiatives, some with very long horizons, Google’s net cash […]

Alibaba Group Holding Limited (NYSE:BABA) reported earnings for the fiscal third quarter that beat expectations

Alibaba Group Holding Limited (NYSE:BABA) reported earnings for the fiscal third quarter that beat expectations

Alibaba Group Holding Limited (NYSE:BABA) reported earnings for the fiscal third quarter that beat expectations Alibaba shares soared after the company reported market-beating earnings in the three months ended December, with investors content with a record amount of spending by the company in the 2018 calendar year, hoping that it will spur future growth. The Chinese […]

Gold 1 OZ (XAU=X) gaining power this week

Gold 1 OZ (XAU=X) gaining power this week

Gold 1 OZ (XAU=X) gaining power this week The economic highlight at mid-week is the Federal Reserve’s Open Market Committee (FOMC) meeting that began on Tuesday morning and ends Wednesday afternoon with a statement on monetary policy. No change in monetary policy is expected. However, traders want to know if the Fed today will tip […]

Hong Kong: HANG SENG INDEX (.HSI) investors bet on the U.S. Federal Reserve to take a pause in hiking interest rates

Hong Kong: HANG SENG INDEX (.HSI) investors bet on the U.S. Federal Reserve to take a pause in hiking interest rates

Hong Kong: HANG SENG INDEX (.HSI) investors bet on the U.S. Federal Reserve to take a pause in hiking interest rates Shares in Hong Kong closed higher on Wednesday as investors bet on the U.S. Federal Reserve to take a pause in hiking interest rates and China to step up efforts to boost decades-low growth. […]

Singapore: STI Index (.STI) gains were offset by some index heavyweights

Singapore: STI Index (.STI) gains were offset by some index heavyweights

Singapore: STI Index (.STI) gains were offset by some index heavyweights Singapore stocks marked another day of losses on Wednesday, with the Straits Times Index retreating 0.42 per cent or 13.31 points to 3,174.38. Advancers outnumbered decliners 215 to 166, as 1.4 billion shares worth S$1.17 billion changed hands. However, any gains were offset by […]

British Pound: USD/GBP (GBP=X) looks set to continue upward trend

British Pound: USD/GBP (GBP=X) looks set to continue upward trend

British Pound: USD/GBP (GBP=X) looks set to continue upward trend GBP/USD eased back overnight, bringing the pair into the 76.4% retracement level. The wider uptrend remains intact unless we see a drop below the $1.3012 swing low. The current respect of the Fibonacci support level points towards an upward move from here. Overall, the bias in […]

The Fed and the trade negotiations could impact the Japanese Yen: USD/JPY (JPY=X)

The Fed and the trade negotiations could impact the Japanese Yen: USD/JPY (JPY=X)

The Fed and the trade negotiations could impact the Japanese Yen: USD/JPY (JPY=X) The Dollar/Yen is trading lower on Wednesday in a limited trading range ahead of the start of the crucial trade talks between the U.S. and China, and the latest monetary policy decisions from the U.S. Federal Reserve. Both events could trigger a […]

Australian Dollar: USD/AUD (AUD=X) at key resistance breakout zone

Australian Dollar: USD/AUD (AUD=X) at key resistance breakout zone

Australian Dollar: USD/AUD (AUD=X) at key resistance breakout zone AUD/USD has been pushing upwards, with the pair rising into trendline resistance. The creation of a higher low this week provides half the bullish story, with a break through the $0.7204 resistance level providing confirmation of that bullish outlook. Look at the $0.7204-$0.7235 zone of resistance, where […]

Silver 1 OZ 999 NY (XAG=X) prices pushing to six-month highs

Silver 1 OZ 999 NY (XAG=X) prices pushing to six-month highs

Silver 1 OZ 999 NY (XAG=X) prices pushing to six-month highs Gold and silver prices are modestly up and in early U.S. trading Wednesday. Gold notched an eight-month high overnight, while silver prices pushed to six-month highs. Several factors are presently at work supporting the precious metals market bulls. February gold futures were last up $2.10 […]

Euro: USD/EUR (EUR=X) consolidating after recent ascent

Euro: USD/EUR (EUR=X) consolidating after recent ascent

Euro: USD/EUR (EUR=X) consolidating after recent ascent EUR/USD has been consolidating after Friday’s gains, with the pair in rebound mode from the critical $1.1301 support level. As mentioned yesterday, the 76.4% retracement level at $1.1299 points towards a potential that we are not rolling over after failing to create a new higher high. Instead, that could […]

Australia: S&P/ASX 200 (.AXJO) set to rise for a second day

Australia: S&P/ASX 200 (.AXJO) set to rise for a second day

Australia: S&P/ASX 200 (.AXJO) set to rise for a second day Australian shares are set to rise for a second day as iron ore surged still higher and US/China trade talks resumed. Wall Street leapt higher – the Dow was up more than 470 points at one point – after the Fed took a decidedly dovish […]

Outlook 2019: ‘Next Big Thing’

Outlook 2019: ‘Next Big Thing’

 The pace, scope, and accessibility of innovation today provides organizations an ever-expanding array of digital transformation tools; but it also brings new challenges in orchestrating technology, people, and process. This is one of the key themes explored in the “IT Industry Outlook 2019,” the annual report published by CompTIA, the leading association for the global […]

Darren Weir Unfairly Treated by Victorian Authorities

Darren Weir Unfairly Treated by Victorian Authorities

The raid on Darren Weir conducted this morning by Police has been blasted not only around Australia but around the world thanks to the amazing coincidence of the media showing up to film the raid. How exactly does that happen, are the Police orchestrating these arrests with the Media in an attempt to prejudice public […]

Euro Will Tank as Germany Looks to Stimulate Europe

Euro Will Tank as Germany Looks to Stimulate Europe

Our target for the Euro over the next 2 years is parity to the USD. The EU have failed to recognize 1 simple fact, socialism does not work, and the people look set to pay a heavy price for the ignorance of their politicians. Germany will be left with the added burden of Merkel’s influx […]

Alibaba Group Holding Limited (NYSE:BABA) Q3 2018 Earnings Preview

Alibaba Group Holding Limited (NYSE:BABA) Q3 2018 Earnings Preview

Alibaba Group Holding Limited (NYSE:BABA) Q3 2018 Earnings Preview Alibaba (NYSE:BABA) is scheduled to announce Q3 earnings results on Wednesday, January 30th, before market open. The consensus EPS Estimate is $1.67 (+2.5% Y/Y) and the consensus Revenue Estimate is $17.43B (+36.6% Y/Y). Over the last 2 years, BABA has beaten EPS estimates 75% of the time and has beaten […]

NASDAQ Composite (.IXIC) wavers as Apple tees up its quarterly report

NASDAQ Composite (.IXIC) wavers as Apple tees up its quarterly report

NASDAQ Composite (.IXIC) wavers as Apple tees up its quarterly report Wall Street was mixed on Tuesday, with technology shares dipping ahead of Apple’s quarterly report while a rebound in 3M and other industrials elevated the Dow Jones Industrial Average. Apple declined 1.04 percent as investors awaited the iPhone maker’s results after the bell following […]

Dow Jones Industrial Average (.DJI) Barely Up As Most Indexes Fall

Dow Jones Industrial Average (.DJI) Barely Up As Most Indexes Fall

Dow Jones Industrial Average (.DJI) Barely Up As Most Indexes Fall Blue chips in the Dow Jones Industrial Average protected a small gain Tuesday in late morning trade, as the other stock indexes struggled in the red. Meanwhile, the Federal Reserve convened for a two-day meeting. The Dow Jones added 0.2%, while the small cap […]

Amazon.com, Inc. (NASDAQ:AMZN) to Defy a Patchy Track Record

Amazon.com, Inc. (NASDAQ:AMZN) to Defy a Patchy Track Record

Amazon.com, Inc. (NASDAQ:AMZN) to Defy a Patchy Track Record Amazon.com, Inc. AMZN is set to report fourth-quarter earnings on Jan 31 after the closing bell. Analysts from SunTrust have warned that the e-commerce giant historically had limited success in the fourth quarter. According to SunTrust, the last time Amazon surpassed analysts’ expectations was in the fourth quarter […]

Alphabet Inc. (NASDAQ:GOOG) be Able to Trounce Expectations Again?

Alphabet Inc. (NASDAQ:GOOG) be Able to Trounce Expectations Again?

Alphabet Inc. (NASDAQ:GOOG) be Able to Trounce Expectations Again? Google’s parent company Alphabet Inc. GOOGL is poised to report fourth-quarter results after the market closes on Feb 4. Alphabet’s earnings have exceeded Wall Street’s expectations in the first three quarters of 2018 and the good momentum is well expected to continue in the fourth quarter. After all, its revenue sources including […]

Apple Inc. (NASDAQ:AAPL) A Boring Story This Time

Apple Inc. (NASDAQ:AAPL) A Boring Story This Time

Apple Inc. (NASDAQ:AAPL) A Boring Story This Time Apple Inc .’s AAPL fiscal first-quarter earnings report isn’t exciting investors. The iPhone maker will report after market close on Jan 29, and has already cautioned that its revenues will fall short of estimates. CEO Tim Cook has cited weaker-than-expected iPhone sales and economic deceleration in China as the primary […]

Where is Bitcoin: USD/BTC (BTC=X) Heading Next?

Where is Bitcoin: USD/BTC (BTC=X)  Heading Next?

Where is Bitcoin: USD/BTC (BTC=X) Heading Next? After an extended period of sideways trading, Bitcoin (BTC) experienced a large downwards swing yesterday that caused the cryptocurrency to break below it previously established support level in the low-$3,500 region. Although this drop seemed significant, BTC has found support in the $3,400 region, and it is still […]

Facebook, Inc. (NASDAQ:FB) Stock Performance

Facebook, Inc. (NASDAQ:FB) Stock Performance

Facebook, Inc. (NASDAQ:FB) Stock Performance Facebook stock closed at 144.19, down 2.2%, on the stock market today. Company shares have plunged about 34% since hitting a record high of 218.62 on July 25. But Facebook stock fell 19% the day after the company reported second-quarter earnings that missed estimates on revenue. Sebastian said that recent checks with digital […]

Tesla, Inc. (NASDAQ:TSLA) expected to report profit this week

Tesla, Inc. (NASDAQ:TSLA) expected to report profit this week

Tesla, Inc. (NASDAQ:TSLA) expected to report profit this week Red flags are popping up around Tesla, even as the company is expected to report another profitable quarter this week. A falling share price, expiring electric vehicle credits and a mountain of debt in about five weeks all loom over Tesla as investors wait for its fourth-quarter […]

United States Oil (USO) Rebounds Following U.S. Sanctions Against Venezuela

United States Oil (USO) Rebounds Following U.S. Sanctions Against Venezuela

United States Oil (USO) Rebounds Following U.S. Sanctions Against Venezuela Energy stocks are higher in the pre-market along with stronger oil prices and higher equities futures following strong earnings reports from several bellwether companies. Both WTI and Brent oil prices are up 1% rebounding slightly from yesterday’s losses supported by announcement of US sanctions against Venezuela’s oil […]

Gold 1 OZ (XAU=X) U.S. Consumer Sentiment Drops In January

Gold 1 OZ (XAU=X) U.S. Consumer Sentiment Drops In January

Gold 1 OZ (XAU=X) U.S. Consumer Sentiment Drops In January The gold market is holding on to gains above $1,300 an ounce, trading near a seven month high as pessimism grows among U.S. consumers. Tuesday, the U.S. Conference Board, said that is Consumer Confidence Index fell to a reading of 120.2, down from December’s reading […]

Hong Kong: HANG SENG INDEX (.HSI) renewed US-China tensions

Hong Kong: HANG SENG INDEX (.HSI) renewed US-China tensions

Hong Kong: HANG SENG INDEX (.HSI) renewed US-China tensions Stocks in Asia were mostly lower on Tuesday as fresh concerns over a slowing Chinese economy and renewed trade tensions weighed on investor sentiment. Mainland Chinese markets slipped as investors kept an eye on Beijing’s ongoing trade war with Washington. The Shanghai composite declined 0.1 percent to close […]

Australian Dollar: USD/AUD (AUD=X) showing little reaction to the NAB Business Confidence report

Australian Dollar: USD/AUD (AUD=X) showing little reaction to the NAB Business Confidence report

Australian Dollar: USD/AUD (AUD=X) showing little reaction to the NAB Business Confidence report The Australian Dollar is trading slightly higher early Tuesday, recovering from earlier weakness. Traders are showing little reaction to the NAB Business Confidence report which came in unchanged from the previous month at 3. There has also been little reaction to renewed […]

Euro: USD/EUR (EUR=X) pushing higher after key support holds up

Euro: USD/EUR (EUR=X) pushing higher after key support holds up

Euro: USD/EUR (EUR=X) pushing higher after key support holds up EUR/USD managed to rebound from the $1.1301 support level on Thursday, with the pair driving higher since. While the wider creation of higher lows has been negated, last week’s drop took us into the 76.4% retracement of the $1.1215-$1.157 rally. Thus, there are arguments on both […]

Japanese Yen: USD/JPY (JPY=X) risk-off offers fresh lift to JPY bulls

Japanese Yen: USD/JPY (JPY=X) risk-off offers fresh lift to JPY bulls

Japanese Yen: USD/JPY (JPY=X) risk-off offers fresh lift to JPY bulls USD/JPY trades 0.06% lower on the day at 109.26 at 0500 GMT, bias lower.  The pair is extending weakness as the safe-haven Japanese yen remains in demand amid risk-off.  USD bulls remian on the side lines ahead of the Fed’s two-day policy meeting and […]

Silver 1 OZ 999 NY (XAG=X) continue to grind higher

Silver 1 OZ 999 NY (XAG=X) continue to grind higher

Silver 1 OZ 999 NY (XAG=X) continue to grind higher Silver markets have rallied right along with the gold market during the trading session on Tuesday, as we reach towards the vital $16 level. This is a market that could cause a bit of resistance, but I think silver will take its cues from gold. Gold […]

Singapore: STI Index (.STI) could fall 25.50 points at the opening bell

Singapore: STI Index (.STI) could fall 25.50 points at the opening bell

Singapore: STI Index (.STI) could fall 25.50 points at the opening bell Investors will focus on interim budget to be announced on Friday, 1 February 2019. The interim budget will be the last one presented by the current NDA government led by Prime Minister Modi, before the 2019 general elections in April. Trading could be volatile this week as […]

Shanghai: SSE Composite Index (.SSEC) stocks fall as U.S. charges against Huawei hit sentiment

Shanghai: SSE Composite Index (.SSEC) stocks fall as U.S. charges against Huawei hit sentiment

Shanghai: SSE Composite Index (.SSEC) stocks fall as U.S. charges against Huawei hit sentiment China and Hong Kong stocks fell on Tuesday, as Washington’s sweeping criminal charges against Chinese telecom giant Huawei dampened prospects for a Sino-U.S. trade deal, hitting investors’ sentiments. *But losses on the mainland were limited by Beijing’s fresh measures to prop […]

British Pound: USD/GBP (GBP=X) breaks through notable resistance level

British Pound: USD/GBP (GBP=X) breaks through notable resistance level

British Pound: USD/GBP (GBP=X) breaks through notable resistance level GBP/USD managed to rally through the key $1.3175 resistance level on Friday, with the pair breaking out of a long-term downtrend ahead of today’s parliamentary vote. Technically speaking, expect this uptrend to continue as long as we do not break below the $1.3012 level. Thus, further upside […]

Australia: S&P/ASX 200 (.AXJO) index could rise as much as 20% towards the 6,500 level

Australia: S&P/ASX 200 (.AXJO) index could rise as much as 20% towards the 6,500 level

Australia: S&P/ASX 200 (.AXJO) index could rise as much as 20% towards the 6,500 level According to the AFR, a number of analysts are positive on the ASX 200 pushing notably higher in 2019. Stephen Koukoulas from Market Economic has predicted that the benchmark index could rise as much as 20% towards the 6,500 level. […]

Dubai is Still Booming

Dubai is Still Booming

Increased infrastructure spending could bode well for the UAE economy, finds the latest Q4 edition of Global Economic Conditions (GECS) from the Association of Chartered Certified Accountants (ACCA) and Institute of Management Accountants (IMA). The UAE GECS survey found overall economic confidence higher in Q4, recovering some of the ground lost in Q3. Lindsay Degouve […]

Jim Rogers Upbeat on China

Jim Rogers Upbeat on China

After undertaking an in-depth study of China, Jim Rogers, an international investor who started his career in the financial industry in 1980 and has become one of the world’s most renowned investors, said that China is the only country in the world that has experienced multiple periods of prosperity and that “the 21st century belongs […]

Ecommerce Comes to North Korea

Ecommerce Comes to North Korea

North Korea’s official newspaper Tuesday boasted about the growing popularity of mobile shopping among its citizens by drawing attention to one of its e-commerce portal sites. The Rodong Sinmun, the organ of the North’s ruling party, reported on the wider use of the Manmulsang website, a mobile shopping portal, launched by North Korea’s Yonpung Commercial […]

Huawei Hits Asian Markets

Huawei Hits Asian Markets

Asian markets mostly fell Tuesday as the charging of Chinese giant Huawei in the US cast a shadow over upcoming trade talks, while investors were also tracking a Wall Street sell-off fuelled by concerns over corporate profits. A busy week across the globe got off to a nervous start Monday after industrial giant Caterpillar and […]

Issues at Apple Inc

Issues at Apple Inc

A newly discovered FaceTime bug lets people hear and even see those they are reaching out to on iPhones using the video calling software, sparking privacy fears. The bug, initially outlined by Apple product and review website 9to5Mac.com, was reported by several media outlets. A video posted at Twitter account @BmManski showing how simple it […]

NASDAQ Composite (.IXIC) Wall Street rattled by Caterpillar, Nvidia warnings

NASDAQ Composite (.IXIC) Wall Street rattled by Caterpillar, Nvidia warnings

NASDAQ Composite (.IXIC) Wall Street rattled by Caterpillar, Nvidia warnings U.S. stocks slumped on Monday, as warnings from Caterpillar Inc CAT.N and Nvidia Corp NVDA.O added to concerns about a slowing Chinese economy and tariffs taking a toll on corporate profits. Shares of Caterpillar, the world’s largest heavy equipment maker, fell 9.3 percent after its […]

The Bottom Line for Tesla, Inc. (NASDAQ:TSLA) Stock

The Bottom Line for Tesla, Inc. (NASDAQ:TSLA) Stock

The Bottom Line for Tesla, Inc. (NASDAQ:TSLA) Stock For the past two years, no matter how good or bad the Tesla headlines have gotten, Tesla stock price has stayed in a wide range between about $250 and $390. Traders who want to play the swings can make a pretty penny in the near term. But […]

United States Oil (USO) Washington imposed sanctions on Venezuelan state-owned oil firm PDVSA

United States Oil (USO) Washington imposed sanctions on Venezuelan state-owned oil firm PDVSA

United States Oil (USO) Washington imposed sanctions on Venezuelan state-owned oil firm PDVSA Oil prices crept up on Tuesday after Washington imposed sanctions on Venezuelan state-owned oil firm PDVSA in a step set to severely curb the OPEC member’s crude exports to the United States. Despite the move, which comes as the U.S government looks […]

Bitcoin: USD/BTC (BTC=X) market suffered widespread losses

Bitcoin: USD/BTC (BTC=X) market suffered widespread losses

Bitcoin: USD/BTC (BTC=X) market suffered widespread losses Bitcoin reached a six-week low today, declining below $3,400 as the broader cryptocurrency market suffered widespread losses. The world’s largest digital currency by market capitalization (market cap) dropped to $3,374.46 at roughly 10:40 a.m. EST, according to CoinDesk bitcoin price data. This was the lowest value since December 17. At […]

Apple Inc. (NASDAQ:AAPL) set to report results for the holiday season after-the-bell on Tuesday

Apple Inc. (NASDAQ:AAPL)  set to report results for the holiday season after-the-bell on Tuesday

Apple Inc. (NASDAQ:AAPL) set to report results for the holiday season after-the-bell on Tuesday Apple (AAPL) is set to report results for the holiday season after-the-bell on Tuesday, and the bar couldn’t be much lower. The Cupertino, California-based said in a statement January 2 that it expects revenue of $84 billion for the fiscal first quarter of […]

Look for information about Alibaba Group Holding Limited (NYSE:BABA) cloud segment and b-to-b efforts as well on Wednesday

Look for information about Alibaba Group Holding Limited (NYSE:BABA) cloud segment and b-to-b efforts as well on Wednesday

Look for information about Alibaba Group Holding Limited (NYSE:BABA) cloud segment and b-to-b efforts as well on Wednesday Amid investor uncertainty about the state of China’s economy and the effect of trade tensions, Alibaba Group Holding Ltd. will provide its take about consumer spending in the country Wednesday. The Chinese e-commerce giant is due to […]

Alphabet Inc. (NASDAQ:GOOG) expected to post EPS at $11.12

Alphabet Inc. (NASDAQ:GOOG) expected to post EPS at $11.12

Alphabet Inc. (NASDAQ:GOOG) expected to post EPS at $11.12 With a market cap of over $760 billion, Google parent company Alphabet, Inc. is the third largest publicly traded entity in the world. In a recent survey of online search engine and social media use, Google’s audience reported the most stability, with 96% of those surveyed saying […]

Dow Jones Industrial Average (.DJI) starting this week under some pressure as Trump throws cold water on the chances of a shutdown deal

Dow Jones Industrial Average (.DJI) starting this week under some pressure as Trump throws cold water on the chances of a shutdown deal

Dow Jones Industrial Average (.DJI) starting this week under some pressure as Trump throws cold water on the chances of a shutdown deal “The Nvdia profit warning is [hurting market sentiment] more than the Caterpillar earnings miss,” Larry Benedict, chief executive of the Opportunistic Trader told MarketWatch. “Slowing demand in China hit them hard,” he […]

Facebook, Inc. (NASDAQ:FB) reports this week amid a flood of negative headlines

Facebook, Inc. (NASDAQ:FB)  reports this week amid a flood of negative headlines

Facebook, Inc. (NASDAQ:FB) reports this week amid a flood of negative headlines From privacy concerns to #fakenews controversies and plenty of stuff in between, Facebook’s been getting pounded by an onslaught of nasty headlines going back to the whole Cambridge Analytica fiasco that blew up last year. But, hey, some good headlines could be in […]

Amazon.com, Inc. (NASDAQ:AMZN) scheduled to report fourth-quarter earnings on Thursday after the closing bell

Amazon.com, Inc. (NASDAQ:AMZN) scheduled to report fourth-quarter earnings on Thursday after the closing bell

Amazon.com, Inc. (NASDAQ:AMZN) scheduled to report fourth-quarter earnings on Thursday after the closing bell Amazon.com Inc. is scheduled to report fourth-quarter earnings on Thursday after the closing bell and SunTrust Robinson Humphrey analysts warn the e-commerce giant has a patchy track record with holiday quarter estimates. Analysts there expect a “solid” fourth-quarter report, but leave […]

Australia: S&P/ASX 200 (.AXJO) futures pointing lower

Australia: S&P/ASX 200 (.AXJO) futures pointing lower

Australia: S&P/ASX 200 (.AXJO) futures pointing lower According to the latest SPI futures, the ASX 200 is expected to open the day lower on Tuesday. Current futures contracts are pointing to a decline of 0.5% or 30 points this morning following a disappointing night of trade on Wall Street. Late in the session the Dow […]

Silver 1 OZ 999 NY (XAG=X) traders continue to seek out fresh news to drive the market

Silver 1 OZ 999 NY (XAG=X) traders continue to seek out fresh news to drive the market

Silver 1 OZ 999 NY (XAG=X) traders continue to seek out fresh news to drive the market Gold and silver prices are moderately lower in early-afternoon U.S. trading Thursday, with gold notching at three-week low. The metals are pressured today by a solid rally in the U.S. dollar index, which also hit a three-week high. Some technical selling is […]

1 18 19 20 21 22 42