Gold 1 OZ (XAU=X) Momentum Turns Positive

Gold 1 OZ (XAU=X) Momentum Turns Positive

Gold 1 OZ (XAU=X) Momentum Turns Positive Gold prices broke out above resistance which is now seen as support near the January highs at 1,326.  Support below that level is seen near the 5-day moving average at 1,321 and the 20-day moving average at 1,310. Target resistance is seen near the 2018 highs near 1,365. […]

Australian Dollar: USD/AUD (AUD=X) significant support at the 0.7050

Australian Dollar: USD/AUD (AUD=X) significant support at the 0.7050

Australian Dollar: USD/AUD (AUD=X) significant support at the 0.7050 The Australian dollar has pulled back a bit during the trading session on Tuesday, reaching down towards the 0.71 handle. At this point, there is significant support at the 0.7050 level that extends down to at least the 0.70 level. On the monthly chart, I see massive […]

Canadian Dollar: USD/CAD (CAD=X) grinding higher

Canadian Dollar: USD/CAD (CAD=X) grinding higher

Canadian Dollar: USD/CAD (CAD=X) grinding higher People want the Canadian dollar. The local currency was the only G-10 major to gain between yesterday’s Toronto close and this morning’s open. Oil prices have a lot to do with the move as do the quick unwinding of short Canadian dollar positions after short-term technicals turned bullish for […]

Apple Inc. (NASDAQ:AAPL) Is An iPhone Business

Apple Inc. (NASDAQ:AAPL) Is An iPhone Business

Apple Inc. (NASDAQ:AAPL) Is An iPhone Business I have written on this specific issue in the past. No matter how you spin it, Apple’s (NASDAQ:AAPL) business is built off the iPhone. 59% of their total revenue came from the iPhone. Sales of the iPhone dictate the trajectory of the business. We can talk all day […]

Walmart Inc. (NYSE:WMT) shares jump

Walmart Inc. (NYSE:WMT) shares jump

Walmart Inc. (NYSE:WMT) shares jump Stocks on Wall Street opened with modest losses Tuesday as U.S. investors returned from a three-day weekend and U.S. and Chinese negotiators prepared to resume trade talks in Washington. The S&P 500 SPX, +0.15% was off 0.2% at 2,769, while the Dow Jones Industrial Average DJIA, +0.03% lost 16 points, […]

United States Oil (USO) ends at 3-month high as supplies tighten

United States Oil (USO) ends at 3-month high as supplies tighten

United States Oil (USO) ends at 3-month high as supplies tighten Crude-oil futures ended on a mixed note Tuesday, with international benchmark Brent crude slightly lower after posting gains in each of the last five sessions while the U.S. benchmark climbed to its highest finish in three months amid reports of falling Saudi Arabian exports. […]

Strong Walmart earnings help to prop up the Dow Jones Industrial Average (.DJI)

Strong Walmart earnings help to prop up the Dow Jones Industrial Average (.DJI)

Strong Walmart earnings help to prop up the Dow Jones Industrial Average (.DJI) U.S. stocks closed higher Tuesday, with the Nasdaq extending its winning streak to a seventh session, as another round of U.S.-China trade talks began in Washington. The market’s gains were led by so-called defensive sectors such as utilities and consumer staples, which […]

Bitcoin: USD/BTC (BTC=X) has surged more than 10% since JPMorgan announced on Thursday that it would launch its own cryptocurrency, called “JPM Coin

Bitcoin: USD/BTC (BTC=X) has surged more than 10% since JPMorgan announced on Thursday that it would launch its own cryptocurrency, called “JPM Coin

Bitcoin: USD/BTC (BTC=X) has surged more than 10% since JPMorgan announced on Thursday that it would launch its own cryptocurrency, called “JPM Coin Bitcoin hit a high of $US4,002.71 a coin on Tuesday, just days after JPMorgan said it would launch its own cryptocurrency that was tied to the US dollar. The largest cryptocurrency by market […]

Facebook, Inc. (NASDAQ:FB) stock isn’t a sure thing in the short-term

Facebook, Inc. (NASDAQ:FB) stock isn’t a sure thing in the short-term

Facebook, Inc. (NASDAQ:FB) stock isn’t a sure thing in the short-term Facebook (NASDAQ:FB), unlike most other stocks, has the added risk of data breach headlines. Not that the other companies are not also vulnerable to hacking, but because Facebook has already suffered a major incident last year and used up its free pass. So, from now […]

Tesla, Inc. (NASDAQ:TSLA) has removed any mention of the Model 3 with a standard battery pack

Tesla, Inc. (NASDAQ:TSLA) has removed any mention of the Model 3 with a standard battery pack

Tesla, Inc. (NASDAQ:TSLA) has removed any mention of the Model 3 with a standard battery pack Tesla has removed any mention of the Model 3 with a standard battery pack,Electrek first reported Monday, calling into question the long-awaited $US35,000 base model of the sedan. The cheapest Model 3 available to preorder on Tesla’s website as of […]

Alibaba Group Holding Limited (NYSE:BABA) raised its stake in top domestic investment bank China International Capital Corp

Alibaba Group Holding Limited (NYSE:BABA) raised its stake in top domestic investment bank China International Capital Corp

Alibaba Group Holding Limited (NYSE:BABA) raised its stake in top domestic investment bank China International Capital Corp China’s e-commerce giant Alibaba Group Holding Ltd has raised its stake in top domestic investment bank China International Capital Corp’s Hong Kong-listed shares to nearly 12 percent, an exchange disclosure showed on Monday. The internet giant bought 117 […]

Alphabet Inc. (NASDAQ:GOOG) to acquire data-migration company Alooma

Alphabet Inc. (NASDAQ:GOOG) to acquire data-migration company Alooma

Alphabet Inc. (NASDAQ:GOOG) to acquire data-migration company Alooma Alphabet Inc.’s GOOGL, +0.61% GOOG, +0.44% announced Tuesday that it planned to acquire Alooma, a data-migration company. Financial terms of the deal weren’t disclosed. “The addition of Alooma, subject to closing conditions, is a natural fit that allows us to offer customers a streamlined, automated migration experience to Google Cloud, and […]

Shanghai: SSE Composite Index (.SSEC) investors booked profits following a surge in the previous session

Shanghai: SSE Composite Index (.SSEC) investors booked profits following a surge in the previous session

Shanghai: SSE Composite Index (.SSEC) investors booked profits following a surge in the previous session Shanghai stocks ended flat after briefly touching a near five-month high on Tuesday, as investors booked profits following a surge in the previous session.  The blue-chip CSI300 index fell 0.2 per cent, to 3,439.61 points, while the Shanghai Composite Index […]

Canadian Dollar: USD/CAD (CAD=X) Continues Range Bound Action Amid Lack of Macro Data Updates

Canadian Dollar: USD/CAD (CAD=X) Continues Range Bound Action Amid Lack of Macro Data Updates

Canadian Dollar: USD/CAD (CAD=X) Continues Range Bound Action Amid Lack of Macro Data Updates USDCAD pair traded in a tight range yesterday as both Canada and United States markets were closed owing to the celebration of the national holiday. This resulted in price action being limited within a range of 20 pips. On Friday, the […]

Mixed UK data and Brexit uncertainties didn’t prevent the British Pound: USD/GBP (GBP=X)

Mixed UK data and Brexit uncertainties didn’t prevent the British Pound: USD/GBP (GBP=X)

Mixed UK data and Brexit uncertainties didn’t prevent the British Pound: USD/GBP (GBP=X) Mixed UK data and Brexit uncertainties didn’t prevent the British Pound to US Dollar (GBP/USD) exchange rate from extending its recovery attempts today, as Pound investors reacted with optimism to some stats while the US Dollar’s strength was limited by optimism surrounding […]

Japanese Yen: USD/JPY (JPY=X) expected to post a trade surplus after recording six successive deficits

Japanese Yen: USD/JPY (JPY=X) expected to post a trade surplus after recording six successive deficits

Japanese Yen: USD/JPY (JPY=X) expected to post a trade surplus after recording six successive deficits USD/JPY continues to show little movement this week. In Tuesday’s North American session, the pair is trading at 110.63, up 0.03% on the day. On the release front, there are no major events out of the United States. Japan is […]

Australian Dollar: USD/AUD (AUD=X) rates stabilized near previous support in the 0.7050 area

Australian Dollar: USD/AUD (AUD=X) rates stabilized near previous support in the 0.7050 area

Australian Dollar: USD/AUD (AUD=X) rates stabilized near previous support in the 0.7050 area AUD/USD is one of the best pairs to watch to gauge sentiment toward global trade. After a swooning on dovish RBA comments earlier this month, rates stabilized near previous support in the 0.7050 area. The pair has rallied 100 pips since then, and […]

Euro: USD/EUR (EUR=X) Rebound Still Possible

Euro: USD/EUR (EUR=X) Rebound Still Possible

Euro: USD/EUR (EUR=X) Rebound Still Possible The Euro-to-Dollar exchange rate saw a mixed start to the weekly session, with the Fiber initially pushing higher to post a session best above $1.133 before declining. From an overnight low of ~$1.293, the cross was last seen edging higher at $1.13115. The data schedule for the USD remains […]

Gold 1 OZ (XAU=X) solid resistance at $1,350.00

Gold 1 OZ (XAU=X) solid resistance at $1,350.00

Gold 1 OZ (XAU=X) solid resistance at $1,350.00 Technically, the April gold bulls have the solid overall near-term technical advantage. 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 April futures above solid resistance at $1,350.00. Bears’ next near-term downside price breakout […]

Australia: S&P/ASX 200 (.AXJO) massive swings in several companies after their results disappointed

Australia: S&P/ASX 200 (.AXJO) massive swings in several companies after their results disappointed

Australia: S&P/ASX 200 (.AXJO) massive swings in several companies after their results disappointed The S&P/ASX 200 hit a high of 6119 around lunch time today and managed to stay above the 6100 level to close at 6106.9 this afternoon. There were massive swings in several companies after their results disappointed, or surprised, the market greatly. Blackmores ended […]

Hong Kong: HANG SENG INDEX (.HSI) HSBC Misses Key Growth Forecasts

Hong Kong: HANG SENG INDEX (.HSI) HSBC Misses Key Growth Forecasts

Hong Kong: HANG SENG INDEX (.HSI) HSBC Misses Key Growth Forecasts Despite an apparently vigorous pre-tax profit and revenues for 2018, HSBC Holdings plc and its operational results fell woefully short of analysts’ expectations and were punished with a 2.7% drop in its stock price at Hong Kong’s Hang Seng index today. Europe’s largest bank unveiled a […]

Silver 1 OZ 999 NY (XAG=X) More Upside Likely

Silver 1 OZ 999 NY (XAG=X) More Upside Likely

Silver 1 OZ 999 NY (XAG=X) More Upside Likely March silver futures bulls have the near-term technical advantage. A 2.5-month-old uptrend is in place on the daily bar chart. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at the January high of $16.20 an ounce. The next downside price […]

Don’t Let Jussie Smollett Stop You from Working Towards a Better America

Don’t Let Jussie Smollett Stop You from Working Towards a Better America

It seems more than likely Jussie Smollett is either an idiot on his own or an idiot serving the Political interests of his Democrat Party buddies, but either way you can not buy in to the extremism of American Politics. There is no doubt Jussie Smollett set out to create racial tensions and grind the […]

New Zealand to target online firms like Alphabet Inc. (NASDAQ:GOOG)

New Zealand to target online firms like Alphabet Inc. (NASDAQ:GOOG)

New Zealand to target online firms like Alphabet Inc. (NASDAQ:GOOG) New Zealand said on Monday that it plans to update its laws so it can tax revenue earned by multinational digital firms such as Google, Facebook and Amazon, extending a global effort to bring global tech giants into the tax net. Prime Minister Jacinda Ardern said the cabinet had agreed […]

NASDAQ Composite (.IXIC) boasted eight consecutive weeks of gains on wagers the United States and China can resolve their protracted trade dispute

NASDAQ Composite (.IXIC) boasted eight consecutive weeks of gains on wagers the United States and China can resolve their protracted trade dispute

NASDAQ Composite (.IXIC) boasted eight consecutive weeks of gains on wagers the United States and China can resolve their protracted trade dispute Hopes for progress in Sino-U.S. trade talks and expectations of policy stimulus from central banks lifted world stocks to 2 1/2- month highs on Monday, though European gains were held back by concern […]

YBCC INC (YBAO.PK) Heffx Technical Analysis

YBCC INC (YBAO.PK) Heffx Technical Analysis

YBCC INC (YBAO.PK) Heffx Technical Analysis Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 1.44. The projected lower bound is: 0.17. The projected closing price is: 0.25. Candlesticks WARNING: These prices only contain closing prices. Thus, the candlestick analysis in this expert will be invalid (including the alerts, […]

Facebook, Inc. (NASDAQ:FB) changing expectations in 2019

Facebook, Inc. (NASDAQ:FB) changing expectations in 2019

Facebook, Inc. (NASDAQ:FB) changing expectations in 2019 Social-media stocks have been in the crosshairs over the past couple years, as privacy and safety concerns have investors rethinking the risks associated with these former highfliers. Still, social-media stocks continue to post solid revenue growth, as they build on their efforts to steal advertising dollars away from […]

Apple Inc. (NASDAQ:AAPL) is Still the Biggest Holding in Buffett’s Portfolio

Apple Inc. (NASDAQ:AAPL) is Still the Biggest Holding in Buffett’s Portfolio

Apple Inc. (NASDAQ:AAPL) is Still the Biggest Holding in Buffett’s Portfolio Berkshire spent the last half of the year snapping up more shares of banks and insurers, moves that made the company a major shareholder in four of the five largest U.S. banks. The Omaha, Nebraska-based conglomerate boosted its stake in JPMorgan Chase & Co. and Bank […]

Tianci International, Inc. (CIIT.PK) Heffx Technical Analysis

Tianci International, Inc. (CIIT.PK) Heffx Technical Analysis Overall, the bias in prices is: Upwards and the Money Flow in to the stock is strong. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 0.91. The projected upper bound is: 2.04. The projected lower bound […]

United States Oil (USO) recovery in prices could be at a pace slower than expected earlier

United States Oil (USO) recovery in prices could be at a pace slower than expected earlier

United States Oil (USO) recovery in prices could be at a pace slower than expected earlier The oil sector has witnessed a series of developments in early 2019 that have clouded demand prospects and have sent out a signal to the market that the recovery in prices could be at a pace slower than expected […]

Toga Limited (TOGL.PK) Heffx Technical Analysis

Toga Limited (TOGL.PK) Heffx Technical Analysis

Toga Limited (TOGL.PK) Heffx Technical Analysis Overall, the bias in prices is: Upwards and the outlook is Bullish Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 0.76. The projected upper bound is: 1.97. The projected lower bound is: 0.75. The projected closing price […]

Tesla, Inc. (NASDAQ:TSLA) shareholders have underreacted to the negative information in Q4

Tesla, Inc. (NASDAQ:TSLA) shareholders have underreacted to the negative information in Q4

Tesla, Inc. (NASDAQ:TSLA) shareholders have underreacted to the negative information in Q4 Thanks to a recovering tech sector, Tesla (NASDAQ: TSLA) shares still managed to gain over 7% in the week after a lackluster Q4 earnings announcement (ER). The somewhat counter-intuitive post-ER price moves may be partially due to company’s better-than-expected Q1 guidance, when most […]

Dow Jones Industrial Average (.DJI) rally expected

Dow Jones Industrial Average (.DJI) rally expected

Dow Jones Industrial Average (.DJI) rally expected With jobs growth and household balance sheets at record highs, the U.S. is arguably in a better position than China in any given time frame. The growing number of defaults in China has placed more pressure on the domestic market and the authorities to achieve a deal with […]

Australian Economic Outlook

Australian Economic Outlook

The Year Ahead by Philip Lowe Governor of the Reserve Bank of Australia Thank you for the opportunity to address the National Press Club. It is an honour to have been invited. The media and the RBA have a special relationship. Most people in the community hear the RBA’s messages through the media. You report […]

Australian Dollar Outlook

Australian Dollar Outlook

Introduction RBA Financial Conditions and the Australian Dollar – Recent Developments Thanks to XE for the opportunity to be here in Melbourne to speak to you. A lot has happened in financial markets globally and in Australia since late last year. I thought it would be helpful to summarise the key developments, including revisions to […]

Silver 1 OZ 999 NY (XAG=X) launch from $15.60

Silver 1 OZ 999 NY (XAG=X) launch from $15.60

Silver 1 OZ 999 NY (XAG=X) launch from $15.60 Silver prices slide below $15.60 in the previous week and risk further downside. Fortunately, the precious metal returned above the level by the end of the week and averted further bearish pressure. The bull manages to close the price at $15.72 and currently pressing the price […]

Euro: USD/EUR (EUR=X) Rates Fall as Eurozone Economic Concerns Rise

Euro: USD/EUR (EUR=X) Rates Fall as Eurozone Economic Concerns Rise

Euro: USD/EUR (EUR=X) Rates Fall as Eurozone Economic Concerns Rise The Euro US Dollar (EUR/USD) exchange rate was hit several times this week, with disappointing economic data releases further exacerbating fears of a slowing Eurozone economy. The Euro started Monday subdued following the publication of the Irish construction PMI figures, which fell to 54.6. There […]

Gold 1 OZ (XAU=X) bounce from the level near $1,300

Gold 1 OZ (XAU=X) bounce from the level near $1,300

Gold 1 OZ (XAU=X) bounce from the level near $1,300 The price of gold found support near $1,300 and bounce higher. Today, the bull follow through and the price has surpassed the previous week high. If there is no change to the bullish pressure then gold expected to reach resistance $1,337 soon. Traders could prepare […]

Shanghai: SSE Composite Index (.SSEC) trade talks between the United States and Beijing saw progress

Shanghai: SSE Composite Index (.SSEC) trade talks between the United States and Beijing saw progress

Shanghai: SSE Composite Index (.SSEC) trade talks between the United States and Beijing saw progress China stocks jumped on Monday after trade talks between the United States and Beijing saw progress ahead of a March 1 deadline, and new data showed Beijing’s attempts to boost investment led to record new loans in January. At the […]

British Pound: USD/GBP (GBP=X) heading back towards the 200-day moving average

British Pound: USD/GBP (GBP=X) heading back towards the 200-day moving average

British Pound: USD/GBP (GBP=X) heading back towards the 200-day moving average GBPUSD has picked up from last Thursday’s 1.2770 low and is now trading either side of 1.2900 after hitting an early peak around 1.2925. This push higher has taken GBPUSD above the 50-day moving average at 1.2874 and is homing in on the 200-day ma […]

Australia: S&P/ASX 200 (.AXJO) closed 0.4% higher

Australia: S&P/ASX 200 (.AXJO) closed 0.4% higher

Australia: S&P/ASX 200 (.AXJO) closed 0.4% higher It has been a positive day of trade for the Australian share market closing 0.4 per cent higher. Bank of Queensland (ASX:BOQ) shares took a dip today after a $12 million guidance downgrade. Waste management company Bingo Industries (ASX:BIN) saw their shares slump hit by the apartment building slowdown. They reduced their […]

Australian Dollar: USD/AUD (AUD=X) fresh risk appetite on optimistic tone from trade talks

Australian Dollar: USD/AUD (AUD=X) fresh risk appetite on optimistic tone from trade talks

Australian Dollar: USD/AUD (AUD=X) fresh risk appetite on optimistic tone from trade talks The Aussie extends recovery off 0.7054 base, boosted by fresh risk appetite on optimistic tone from trade talks. Fresh extension higher cracked 0.7146 (Fibo 38.2% of 0.7295/0.7054) the lower boundary of strong resistance zone between 0.7146 and 0.7162 (consisting of Fibo barrier […]

Hong Kong: HANG SENG INDEX (.HSI) credit figures for January added to signs of increased stimulus

Hong Kong: HANG SENG INDEX (.HSI) credit figures for January added to signs of increased stimulus

Hong Kong: HANG SENG INDEX (.HSI) credit figures for January added to signs of increased stimulus A rally in Chinese equities steepened Monday as bumper credit figures for January added to signs of increased stimulus. The Shanghai Composite Index jumped 2.7 percent by the close, taking its rebound since a Jan. 3 low to 12 […]

Did the UK Sell Australia’s Gold?

Did the UK Sell Australia’s Gold?

For whatever reason Australia has stored their Gold reserves with England, but is the Gold really there? Geopolitical and trade tensions along with US sanctions have shaken trust in the US dollar over recent years. As a result, a number of global central banks have been boosting their national reserves of gold bullion. In 2018, […]

Australia Pays Heavy Price for Not Looking After the Country

Australia Pays Heavy Price for Not Looking After the Country

While Australian Politicians were busy spending 100s of Billions on “Social Justice” matters, Foreign Aid, Refugees and other nonsense the Country and it’s Farmers are suffering, some of the damage may be irreversible. The viability of a key river that feeds into Australia’s biggest water system is under threat if poor conditions that killed millions […]

Bitcoin: USD/BTC (BTC=X) Top Cryptos See Minor Losses

Bitcoin: USD/BTC (BTC=X) Top Cryptos See Minor Losses

Bitcoin: USD/BTC (BTC=X) Top Cryptos See Minor Losses Most of the top 20 cryptocurrencies are reporting minor losses on the day by press time. Bitcoin (BTC) has fallen under the $3,650 mark again, according to Coin360 data. At press time, Bitcoin is down 0.18 percent on the day, trading at around $3,631, after a brief mid-day high of $3,680, according […]

Alphabet Inc. (NASDAQ:GOOG) This Can’t Be Happening!

Alphabet Inc. (NASDAQ:GOOG) This Can’t Be Happening!

Alphabet Inc. (NASDAQ:GOOG) This Can’t Be Happening! Losing at cloud is galling for Google, which practically invented the technology to run its search business. Its mistake was failing to get into cloud re-sale quickly or to treat cloud re-sale seriously enough. Google is now as serious as a heart attack with Kurian, who wants an army of salesmen […]

NASDAQ Composite (.IXIC) market surged driven by renewed optimism

NASDAQ Composite (.IXIC)  market surged driven by renewed optimism

NASDAQ Composite (.IXIC) market surged driven by renewed optimism The market surged on Friday, driven by renewed optimism that when the March 1 deadline comes around, the U.S. and China would have already shaken hands on a trade truce. Tariff-related rhetoric and thoughts of an economic slowdown had become a restraint, particularly amid the recent market rebound. […]

Tesla, Inc. (NASDAQ:TSLA) suffered another fire at its car plant in Fremont, California on Saturday night

Tesla, Inc. (NASDAQ:TSLA)  suffered another fire at its car plant in Fremont, California on Saturday night

Tesla, Inc. (NASDAQ:TSLA) suffered another fire at its car plant in Fremont, California on Saturday night A fire broke out at Tesla’s car plant in Fremont, California, on Saturday night, in an area where the company stores some hazardous materials outside. While Tesla can manage some fires with its own internal brigade, the one on […]

Facebook, Inc. (NASDAQ:FB) Instagram Stories is expected to be the key catalyst for impression growth in 2019

Facebook, Inc. (NASDAQ:FB) Instagram Stories is expected to be the key catalyst for impression growth in 2019

Facebook, Inc. (NASDAQ:FB) Instagram Stories is expected to be the key catalyst for impression growth in 2019 Shares ofbuy-ranked Facebook  have lost -7.5% over the past year, outperforming the Zacks Internet Services industry’s loss of -18.2% during the same period. Facebook is benefiting from solid mobile ad revenues driven by robust performance from both Instagram Stories and […]

Alibaba Group Holding Limited (NYSE:BABA) Strong active user growth and Alipay have made Alibaba a force that not many can reckon with in China

Alibaba Group Holding Limited (NYSE:BABA) Strong active user growth and Alipay have made Alibaba a force that not many can reckon with in China

Alibaba Group Holding Limited (NYSE:BABA) Strong active user growth and Alipay have made Alibaba a force that not many can reckon with in China Alibaba (NYSE:BABA) has long been the top retailer in China, which boasts a population of 1.4 billion. But sometimes it’s still difficult to understand just how big the company has become in the […]

Dow Jones Industrial Average (.DJI) investors grew hopeful that the United States and China would hammer out an agreement

Dow Jones Industrial Average (.DJI) investors grew hopeful that the United States and China would hammer out an agreement

Dow Jones Industrial Average (.DJI) investors grew hopeful that the United States and China would hammer out an agreement Wall Street has rallied on Friday, with the Dow and the Nasdaq posting their eighth consecutive weekly gains, as investors grew hopeful that the United States and China would hammer out an agreement resolving their protracted […]

Twitter, Inc. (NYSE:TWTR) making progress but an awful lot of success is still priced into Twitter stock

Twitter, Inc. (NYSE:TWTR) making progress but an awful lot of success is still priced into Twitter stock

Twitter, Inc. (NYSE:TWTR) making progress but an awful lot of success is still priced into Twitter stock I’ve been skeptical about Twitter (NYSE:TWTR) stock for some time now. Admittedly, even though TWTR stock has been range-bound since late July, I’ve been too skeptical towards it, as Twitter stock has rallied over the last two years, roughly doubling […]

Apple Inc. (NASDAQ:AAPL) stock is pacing for a sixth straight weekly win

Apple Inc. (NASDAQ:AAPL) stock is pacing for a sixth straight weekly win

Apple Inc. (NASDAQ:AAPL) stock is pacing for a sixth straight weekly win The shares of Apple Inc. (NASDAQ:AAPL) are modestly higher in early trading, even after a Securities and Exchange Commission (SEC) filing revealed Warren Buffett’s Berkshire Hathaway (BRK.A) trimmed its stake in the tech giant by 1.1% to 249.6 million shares in the fourth quarter, though […]

Battle Between Dollar Bulls and Euro: USD/EUR (EUR=X) Bears

Battle Between Dollar Bulls and Euro: USD/EUR (EUR=X) Bears

Battle Between Dollar Bulls and Euro: USD/EUR (EUR=X) Bears The price action last week suggests investors are being a little tentative about buying strength. In three sessions out of five, the dollar index rallied to highs not touched since early December before closing lower. On Friday, the dollar index reached its highest level since April […]

Gold 1 OZ (XAU=X) Holding Gains Following Rise In Empire State Manufacturing Survey

Gold 1 OZ (XAU=X) Holding Gains Following Rise In Empire State Manufacturing Survey

Gold 1 OZ (XAU=X) Holding Gains Following Rise In Empire State Manufacturing Survey The New York region’s manufacturing sector found new momentum in February, according to the latest data from the New York Federal Reserve. The gold market is seeing little reaction to a rise in the New York Federal Reserve’s Empire State manufacturing survey’s […]

Australia: S&P/ASX 200 (.AXJO) reporting season has seen companies becoming increasingly cautious

Australia: S&P/ASX 200 (.AXJO) reporting season has seen companies becoming increasingly cautious

Australia: S&P/ASX 200 (.AXJO) reporting season has seen companies becoming increasingly cautious It is the busiest block of results with around 70 of the top 200 companies dropping mainly half-year numbers. It also should give a clearer picture about how things are going across the key consumer, industrial and resources sectors. “Reporting season is 37 […]

Hong Kong: HANG SENG INDEX (.HSI) stumbles as differences frustrate US-China talks

Hong Kong: HANG SENG INDEX (.HSI) stumbles as differences frustrate US-China talks

Hong Kong: HANG SENG INDEX (.HSI) stumbles as differences frustrate US-China talks Major Asian stock markets closed lower on Friday, following the release of U.S. retail data overnight which raised concerns over a slowing American economy. Investors await developments from the ongoing U.S-China trade negotiations in Beijing. Mainland Chinese markets saw losses on the day. […]

British Pound: USD/GBP (GBP=X) Brexit, PMI Numbers and Trade Talks in Focus

British Pound: USD/GBP (GBP=X) Brexit, PMI Numbers and Trade Talks in Focus

British Pound: USD/GBP (GBP=X) Brexit, PMI Numbers and Trade Talks in Focus On the Macro For the Dollar: Key stats include December durable goods orders, February’s Philly FED Manufacturing Index, prelim U.S private sector PMI numbers and existing home sales figures all due out on Thursday. An upward trend in the weekly jobless claims figures […]

US and Chinese Shanghai: SSE Composite Index (.SSEC) trade negotiators will meet in Washington this week with less than a fortnight left to hammer out a deal

US and Chinese Shanghai: SSE Composite Index (.SSEC) trade negotiators will meet in Washington this week with less than a fortnight left to hammer out a deal

US and Chinese Shanghai: SSE Composite Index (.SSEC) trade negotiators will meet in Washington this week with less than a fortnight left to hammer out a deal US and Chinese trade negotiators will meet in Washington this week with less than a fortnight left to hammer out a deal aimed at ending their trade impasse and finding […]

Silver 1 OZ 999 NY (XAG=X) forming a “Morning Star pattern”, which is very bullish

Silver 1 OZ 999 NY (XAG=X) forming a “Morning Star pattern”, which is very bullish

Silver 1 OZ 999 NY (XAG=X) forming a “Morning Star pattern”, which is very bullish Silver markets gapped higher on Friday, after forming a gapped lower on Thursday. This makes for what is known as a “Morning Star pattern”, which is very bullish. The fact that we are sitting on the uptrend line and the 50 […]

Singapore: STI Index (.STI) growth outlook dims amid trade, global demand woes

Singapore: STI Index (.STI) growth outlook dims amid trade, global demand woes

Singapore: STI Index (.STI) growth outlook dims amid trade, global demand woes After a year “of two halves” in which growth started out briskly before losing speed towards end-2018, economists expect Singapore’s small and trade-dependent economy to slow further in 2019 amid weakening global demand for semiconductors and protracted trade tensions. Official data released on […]

Smollett Has Destroyed Ocasio-Cortez and Booker 2020 Hopes

Smollett Has Destroyed Ocasio-Cortez and Booker 2020 Hopes

Police sources say Jussie Smollett likely hired two acquaintances to fake a Chicago “hate crime” assault, while conservatives are accusing liberal media outlets of accepting the actor’s story with little initial evidence. Not only has Smollett condemned the not-so-dynamic duo he has also severely diminished cause of both Black Americans and Gays. There is no […]

African Gangs Leave Melbourne Unsafe

African Gangs Leave Melbourne Unsafe

African Gangs, the ones the Media and Politicians tell us don’t exist continue to wreak havoc in Melbourne and the problem is spreading across the Country. The African Gang Members are rarely arrested or prosecuted due to the deliberate blind-eye Police turn to their activities inline with the Left Wings Political Correctness and the refusal […]

What is Wrong with Politics in Australia?

What is Wrong with Politics in Australia?

Australian Politics at some point took a bizarre turn, no longer are matters relevant to the majority of Australians a front line issue. The key issues in Australia seem to be Refugees, Foreign Aid and any minority that can capture the left wing media’s attention. There have been major disasters in Australia, floods, droughts, the […]

Alexandria Ocasio-Cortez Lied about Amazon

Alexandria Ocasio-Cortez Lied about Amazon

A tweet by a not to bright US Congresswoman spotlighted a report about US tech behemoth Amazon’s tax burden for the past two years. While the company paid no US federal income tax, it reported “cash taxes paid” of $1.2 billion last year and $957 million in 2017. These numbers are not broken down geographically, […]

Facebook, Inc. (NASDAQ:FB) data breach could result in a multibillion-dollar fine by the Federal Trade Commission

Facebook, Inc. (NASDAQ:FB) data breach could result in a multibillion-dollar fine by the Federal Trade Commission

Facebook, Inc. (NASDAQ:FB) data breach could result in a multibillion-dollar fine by the Federal Trade Commission A Facebook data breach could result in a multibillion-dollar fine by the Federal Trade Commission, but may settle the agency’s investigation into the privacy practices of the social media giant, the Washington Post reported Thursday. It would be the […]

NASDAQ Composite (.IXIC) bucks trend to rise for 5th day

NASDAQ Composite (.IXIC) bucks trend to rise for 5th day

NASDAQ Composite (.IXIC) bucks trend to rise for 5th day U.S. stocks closed mostly lower Thursday as disappointment over weak retail sales overshadowed optimism over U.S.-China trade talks, but the Nasdaq eked out gains to rise for a fifth session in a row. Consumer staples and financial sectors were the biggest losers, both falling more […]

Bitcoin: USD/BTC (BTC=X) Volume Spikes, But Price Remains Unfazed

Bitcoin: USD/BTC (BTC=X) Volume Spikes, But Price Remains Unfazed

Bitcoin: USD/BTC (BTC=X) Volume Spikes, But Price Remains Unfazed At the time of writing, Bitcoin is trading down nominally at its current price of $3,620. Ever since BTC made its large price swing last Friday, it has been trading sideways around its current price levels. Earlier today, BTC experienced a massive and unusual trading volume spike that […]

United States Oil (USO) warns the world against buying Venezuelan oil

United States Oil (USO) warns the world against buying Venezuelan oil

United States Oil (USO) warns the world against buying Venezuelan oil US National Security Advisor John Bolton has warned countries and companies against buying crude oil from Venezuela, after the Latin American country said it wants to sell more oil to the fast-growing Indian market. In a tweet with a Bloomberg article on Venezuelan-Indian oil […]

Dow Jones Industrial Average (.DJI) futures stage ugly u-turn after worst plunge in nine years for retail sales

Dow Jones Industrial Average (.DJI) futures stage ugly u-turn after worst plunge in nine years for retail sales

Dow Jones Industrial Average (.DJI) futures stage ugly u-turn after worst plunge in nine years for retail sales Stock-market ebullience over progress in U.S.-China trade talks on Thursday gave way to pessimism after a December report on retail sales showed the worst decline in about nine years, sparking recessionary fears. Futures for the Dow Jones […]

Alibaba Group Holding Limited (NYSE:BABA) current volatility levels suggest that trade war worries aren’t high

Alibaba Group Holding Limited (NYSE:BABA) current volatility levels suggest that trade war worries aren’t high

Alibaba Group Holding Limited (NYSE:BABA) current volatility levels suggest that trade war worries aren’t high Alibaba’s (BABA) stock has risen sharply over the past few weeks, and there are signs the shares may continue to increase in the weeks ahead. Additionally, tensions between the U.S and China appear to be easing over trade policy with […]

The Tesla, Inc. (NASDAQ:TSLA) growth story is still very much intact

The Tesla, Inc. (NASDAQ:TSLA) growth story is still very much intact

The Tesla, Inc. (NASDAQ:TSLA) growth story is still very much intact To validate Tesla as a growth company, no one really needs to look much further than their historic financial statements. In the last 10 years, Tesla has had an average yearly revenue growth of 107%. Even last year, revenue almost doubled from approx. $11.75B to […]

Warren Buffett’s Berkshire Hathaway Inc shrank its Apple Inc. (NASDAQ:AAPL) stake to 249.6 million shares from 252.5 million shares in the fourth quarter

Warren Buffett’s Berkshire Hathaway Inc shrank its Apple Inc. (NASDAQ:AAPL)  stake to 249.6 million shares from 252.5 million shares in the fourth quarter

Warren Buffett’s Berkshire Hathaway Inc shrank its Apple Inc. (NASDAQ:AAPL) stake to 249.6 million shares from 252.5 million shares in the fourth quarter Prominent hedge fund managers sold out of Chinese technology stocks and dumped Silicon Valley majors such as Apple Inc and Facebook Inc while global stock markets cratered during the fourth quarter, according […]

Amazon.com, Inc. (NASDAQ:AMZN) stock turns down after downbeat retail sales data

Amazon.com, Inc. (NASDAQ:AMZN) stock turns down after downbeat retail sales data

Amazon.com, Inc. (NASDAQ:AMZN) stock turns down after downbeat retail sales data Shares of Amazon.com Inc. AMZN, -1.06% swung to losses in premarket trade Thursday, after government data showed that December retail sales at internet sellers suffered the biggest drop since the financial crisis. Amazon’s stock fell 1% ahead of the open, after being up as 0.6% before the data was […]

Alphabet Inc. (NASDAQ:GOOG) joined Apple in promising to investigate a Saudi government app hosted on the Google Play Store and Apple’s App Store

Alphabet Inc. (NASDAQ:GOOG) joined Apple in promising to investigate a Saudi government app hosted on the Google Play Store and Apple’s App Store

Alphabet Inc. (NASDAQ:GOOG) joined Apple in promising to investigate a Saudi government app hosted on the Google Play Store and Apple’s App Store Google has joined Apple in promising to investigate a Saudi app that lets men control women’s travel, as pressure from rights groups and international lawmakers builds on the tech giants. Google will […]

US China Trade Talks

US China Trade Talks

Top US economic officials were to meet on Friday with Chinese President Xi Jinping as the sides aim to wrap up trade talks in Beijing with enough goodwill to extend a truce in their tariff war. The world’s two biggest economies are seeking an accord to bridge their deep trade differences, after President Donald Trump […]

Alexandria Ocasio-Cortez Kills 25,000 Jobs in the Name of Socialism

Alexandria Ocasio-Cortez  Kills 25,000 Jobs in the Name of Socialism

Residents heard the Amazon news with dismay, having looked forward to the global operation’s move into town. “Think about all the infrastructure and tech jobs and construction jobs and all the support that needs to go in for a campus like that,” said David Katzen, who owns a construction company in the area. “All those […]

Hong Kong: HANG SENG INDEX (.HSI) optimism over U.S.-China trade talks and a new deal to avoid a government shutdown

Hong Kong: HANG SENG INDEX (.HSI) optimism over U.S.-China trade talks and a new deal to avoid a government shutdown

Hong Kong: HANG SENG INDEX (.HSI) optimism over U.S.-China trade talks and a new deal to avoid a government shutdown Investors were caught by surprise by a report showing that U.S. retail sales fell by 1.2% in December, the largest single-month decline since 2009 and well below the flat growth expected by economists polled by MarketWatch. […]

Silver 1 OZ 999 NY (XAG=X) testing the $15.50 level

Silver 1 OZ 999 NY (XAG=X) testing the $15.50 level

Silver 1 OZ 999 NY (XAG=X) testing the $15.50 level Silver markets have been all over the place on Thursday, as the markets have gotten quite a bit of mixed messages around the world. The United States released horrific numbers when it comes to retail sales and PMI figures, and at the same time we are […]

Singapore: STI Index (.STI) at over four-month high

Singapore: STI Index (.STI) at over four-month high

Singapore: STI Index (.STI) at over four-month high Singapore stocks closed at a more than 4-month high on Wednesday, leading the gains in Southeast Asia after US President Donald Trump said he could relax the China trade deal deadline, while Philippines fell for the fourth straight day. Trump said on Tuesday that he could let […]

Shanghai: SSE Composite Index (.SSEC) China and the U.S. are trying to strike a deal before March 2

Shanghai: SSE Composite Index (.SSEC) China and the U.S. are trying to strike a deal before March 2

Shanghai: SSE Composite Index (.SSEC) China and the U.S. are trying to strike a deal before March 2 High-level trade talks between the U.S. and China are underway in Beijing. Stocks in Asia were mixed on Thursday as investors looked for progress in the months-long tariff dispute. There were reports that U.S. President Donald Trump may be […]

Australia: S&P/ASX 200 (.AXJO) bucked the trend yesterday, at least across the Asian region, closing 0.26 per cent lower at 6063

Australia: S&P/ASX 200 (.AXJO) bucked the trend yesterday, at least across the Asian region, closing 0.26 per cent lower at 6063

Australia: S&P/ASX 200 (.AXJO) bucked the trend yesterday, at least across the Asian region, closing 0.26 per cent lower at 6063 ASX missed the party The ASX bucked the trend yesterday, at least across the Asian region, closing 0.26% lower at 6063. Ostensibly, Australian shares missed-out on the party: global equities were noticeably higher across […]

British Pound: USD/GBP (GBP=X) pushes lower

British Pound: USD/GBP (GBP=X) pushes lower

British Pound: USD/GBP (GBP=X) pushes lower The GBP/USD price has created a new lower low in its current downtrend, as the dollar strength hurt sterling hard yesterday and has been in evidence already this morning. Rallies should continue to be sold until we see a higher high and, for the moment, that requires a move back above […]

Australian Dollar: USD/AUD (AUD=X) lifted by fresh hopes of U.S.-China breakthrough

Australian Dollar: USD/AUD (AUD=X) lifted by fresh hopes of U.S.-China breakthrough

Australian Dollar: USD/AUD (AUD=X) lifted by fresh hopes of U.S.-China breakthrough The Australian Dollar rose Thursday as markets cheered fresh signs the White House could be willing to extend trade negotiations with China past a March 01 deadline, although new forecasts from UBS and Commonwealth Bank of Australia (CBA) suggest things are already about as good as they’ll get […]

Euro: USD/EUR (EUR=X) knocked by dollar strength

Euro: USD/EUR (EUR=X) knocked by dollar strength

Euro: USD/EUR (EUR=X) knocked by dollar strength Yesterday’s EUR/USD rally ended with a fresh push to $1.126, with further losses so far this morning. Below $1.121, the price will head towards possible support at $1.1116. The bearish short-term view remains until we see a higher high created, with the $1.134 level as a near-term target. Overall, the […]

Alphabet Inc. (NASDAQ:GOOG) $13 billion investment reflects its ambitions to compete with Amazon and Microsoft

Alphabet Inc. (NASDAQ:GOOG) $13 billion investment reflects its ambitions to compete with Amazon and Microsoft

Alphabet Inc. (NASDAQ:GOOG) $13 billion investment reflects its ambitions to compete with Amazon and Microsoft Alphabet Inc.’s Google announced Wednesday it will invest $13 billion in new data centers across the United States as it looks to continue expanding its cloud business.  “Today we’re announcing over $13 billion in investments throughout 2019 in data centers and offices […]

United States Oil (USO) rose on hopes that potential progress in the latest Sino-U.S. tariff talks would improve the global economic outlook

United States Oil (USO) rose on hopes that potential progress in the latest Sino-U.S. tariff talks would improve the global economic outlook

United States Oil (USO) rose on hopes that potential progress in the latest Sino-U.S. tariff talks would improve the global economic outlook Oil prices rose on Thursday, buoyed by hopes that potential progress in the latest Sino-U.S. tariff talks would improve the global economic outlook, and as China’s trade figures including crude imports beat forecasts. […]

Morgan Stanley said in a filing that it had a 5.6% stake in Twitter, Inc. (NYSE:TWTR), shares jumped

Morgan Stanley said in a filing that it had a 5.6% stake in Twitter, Inc. (NYSE:TWTR), shares jumped

Morgan Stanley said in a filing that it had a 5.6% stake in Twitter, Inc. (NYSE:TWTR), shares jumped Twitter shares jumped more than 4% on Wednesday after Morgan Stanley said in a filingwith the US Securities and Exchange Commission that it has a 5.6% stake in the company. The bank – one of Twitter’s initial public offering underwriters in […]

NASDAQ Composite (.IXIC) traded at 7,461.66 at its intraday peak on Wednesday, representing a 20.4% gain from its bear low

NASDAQ Composite (.IXIC) traded at 7,461.66 at its intraday peak on Wednesday, representing a 20.4% gain from its bear low

NASDAQ Composite (.IXIC) traded at 7,461.66 at its intraday peak on Wednesday, representing a 20.4% gain from its bear low The Nasdaq Composite Index, often used as a proxy for the health of technology and internet-related stocks, on Wednesday was on the verge of ending its longest bear market, by one measure, since 1991. A […]

Apple Inc. (NASDAQ:AAPL) has been ramping up its research and development spending in order to gain a competitive advantage against its rivals

Apple Inc. (NASDAQ:AAPL) has been ramping up its research and development spending in order to gain a competitive advantage against its rivals

Apple Inc. (NASDAQ:AAPL) has been ramping up its research and development spending in order to gain a competitive advantage against its rivals In its quarter that ended in December, Apple’s spending on R&D surged 14.5% year-over-year to $3.902 billion. R&D as a percent of revenue reached 5.63%, up from 2.1% in 2012. The continuous growth […]

Teen who hacks car to drive backwards gets shoutout from Elon Musk Tesla, Inc. (NASDAQ:TSLA)

Teen who hacks car to drive backwards gets shoutout from Elon Musk Tesla, Inc. (NASDAQ:TSLA)

Teen who hacks car to drive backwards gets shoutout from Elon Musk Tesla, Inc. (NASDAQ:TSLA) A Russian teenager has refitted his car to drive it backward, and got a shoutout from Tesla’s TSLA, -1.17%   CEO Elon Musk. But this didn’t stop the police from stripping him of the car registration. The 18-year-old was stopped earlier this week […]

Following a well-liked earnings report, Facebook, Inc. (NASDAQ:FB) stock is setting up for profit-taking

Following a well-liked earnings report, Facebook, Inc. (NASDAQ:FB) stock is setting up for profit-taking

Following a well-liked earnings report, Facebook, Inc. (NASDAQ:FB) stock is setting up for profit-taking What’s there to like about Facebook (NASDAQ:FB) these days? It likely depends on how you look at things off and on the price chart. And in this strategist’s view, for traders long FB stock it may be time to consider unfriending shares and […]

Bitcoin: USD/BTC (BTC=X) little fundamental news to drive prices action

Bitcoin: USD/BTC (BTC=X) little fundamental news to drive prices action

Bitcoin: USD/BTC (BTC=X) little fundamental news to drive prices action Bitcoin prices fell Wednesday, extending the slide that has seen the cryptocurrency fall 5% since making a three-week high above $3,700 last week. In early afternoon trading, one bitcoin, BTCUSD, +0.29% the world’s largest digital currency, was changing hands at $3,576.60, down 0.2% since Tuesday at 5 p.m. […]

Dow Jones Industrial Average (.DJI) a trade deal could reduce concerns about growth and allow the 2019 rally to continue

Dow Jones Industrial Average (.DJI) a trade deal could reduce concerns about growth and allow the 2019 rally to continue

Dow Jones Industrial Average (.DJI) a trade deal could reduce concerns about growth and allow the 2019 rally to continue Stocks rose on Wednesday as investors grew hopeful that Chinese and U.S. trade authorities would reach an agreement before a deadline in early March. The Dow Jones Industrial Average climbed 117.51 points to 25,543.27 as Walgreens Boots […]

Crunch Time on US China Trade

Crunch Time on US China Trade

US and Chinese negotiators are set to kick off two days of official trade talks in Beijing Thursday as the world’s top two economies try to patch up their festering economic dispute. Pressure to seal an accord ahead of a March deadline lessened before the talks as US President Donald Trump indicated Tuesday in Washington […]

Australia: S&P/ASX 200 (.AXJO) poised to edge higher at the open ahead of consumer inflation

Australia: S&P/ASX 200 (.AXJO)  poised to edge higher at the open ahead of consumer inflation

Australia: S&P/ASX 200 (.AXJO) poised to edge higher at the open ahead of consumer inflation The Australian share market is expected to open the day higher on Thursday. According to the latest SPI futures, the ASX 200 is expected to start the day 0.1% or 6 points higher. This follows a positive night of trade […]

Higher risk appetite and improved sentiment bolstered stocks in China and Hong Kong: HANG SENG INDEX (.HSI)

Higher risk appetite and improved sentiment bolstered stocks in China and Hong Kong: HANG SENG INDEX (.HSI)

Higher risk appetite and improved sentiment bolstered stocks in China and Hong Kong: HANG SENG INDEX (.HSI) Higher risk appetite and improved sentiment bolstered stocks in China and Hong Kong on Wednesday, as all benchmark indexes staged a mini rally. The Hang Seng Index rose to a near six-month high, boosted by investors who are […]

Shanghai: SSE Composite Index (.SSEC) positive sentiment on the U.S.-China trade front

Shanghai: SSE Composite Index (.SSEC) positive sentiment on the U.S.-China trade front

Shanghai: SSE Composite Index (.SSEC) positive sentiment on the U.S.-China trade front Major stock markets in Asia closed higher on Wednesday amid positive sentiment on the U.S.-China trade front. The mainland Chinese markets were higher on the day. The Shenzhen component rose 2.012 percent to close at 8,171.21 and the Shenzhen composite gained 1.872 percent […]

1 20 21 22 23 24 46