Twitter, Inc. (NYSE:TWTR) Shayne ‘Jack’ Heffernan Turned from Neutral to Bearish

Twitter, Inc. (NYSE:TWTR) Shayne ‘Jack’ Heffernan Turned from Neutral to Bearish

Twitter, Inc. (NYSE:TWTR) Shayne ‘Jack’ Heffernan Turned from Neutral to Bearish As Twitter (TWTR) reaches near one-year highs following the stock collapse after weak Q2’18 user numbers, the investment community is oddly rather neutral on the stock. As predicted in my previous research, the social-media site regularly surpasses expectations that includes a boost to revenue growth estimates. The stock […]

Dow Jones Industrial Average (.DJI) concerns about weakness in coming first-quarter results

Dow Jones Industrial Average (.DJI) concerns about weakness in coming first-quarter results

Dow Jones Industrial Average (.DJI) concerns about weakness in coming first-quarter results The market struggled most of the session on concerns about weakness in coming first-quarter results. A number of companies, including Dow-component Walgreens Boots Alliance Inc. WBA, +0.68% have dialed back earnings outlooks for 2019. Investors are also awaiting concrete progress on U.S.-China trade negotiations which will […]

Alibaba Group Holding Limited (NYSE:BABA) Nears Breakout

Alibaba Group Holding Limited (NYSE:BABA) Nears Breakout

Alibaba Group Holding Limited (NYSE:BABA) Nears Breakout Chinese e-commerce giant Alibaba (BABA) is nearing a potential breakout Monday. Shares reversed from early losses to gain 0.5%. Alibaba stock is approaching a cup with handle’s 188.18 buy point. Alibaba fell as much as 39% from its 52-week high in late December before moving up the right side of […]

Bitcoin: USD/BTC (BTC=X) Bear Market Bottom Has Been Confirmed

Bitcoin: USD/BTC (BTC=X) Bear Market Bottom Has Been Confirmed

Bitcoin: USD/BTC (BTC=X) Bear Market Bottom Has Been Confirmed Bulls and bears alike having been paying close attention to Bitcoin price charts, trying to determine if the December 2018 low was indeed the bear market bottom, or if Bitcoin will test new lows once again. The most recent price rally was the most valiant effort yet by […]

Tesla, Inc. (NASDAQ:TSLA) Doubts Increase Over Tesla’s Growth Projections

Tesla, Inc. (NASDAQ:TSLA) Doubts Increase Over Tesla’s Growth Projections

Tesla, Inc. (NASDAQ:TSLA) Doubts Increase Over Tesla’s Growth Projections If you’re not following Tesla’s story as closely as we do, you might wonder what difference a miss of one quarter could make in the life of a car-maker with a promising product that’s still in the early stage of its growth cycle. Why the drastic reaction […]

Health care could bring in over $15 billion for Apple Inc. (NASDAQ:AAPL) by 2021 and up to $313 billion by 2027

Health care could bring in over $15 billion for Apple Inc. (NASDAQ:AAPL) by 2021 and up to $313 billion by 2027

Health care could bring in over $15 billion for Apple Inc. (NASDAQ:AAPL) by 2021 and up to $313 billion by 2027 Apple’s opportunity in health care is so large with the Apple Watch that the company should soon generate tens of billions of dollars a year in annual revenue from wearables and health services, according […]

Singapore: STI Index (.STI) may see an extension of last week’s rally this week

Singapore: STI Index (.STI) may see an extension of last week’s rally this week

Singapore: STI Index (.STI) may see an extension of last week’s rally this week The benchmark Straits Times Index (STI) may see an extension of last week’s rally this week, bolstered by gains on Wall Street on the back of a stronger-than-expected March jobs report, and hopes for a rapid conclusion to US-China trade talks. […]

Gold 1 OZ (XAU=X) investors awaited minutes of the U.S. Federal Reserve’s March meeting

Gold 1 OZ (XAU=X) investors awaited minutes of the U.S. Federal Reserve’s March meeting

Gold 1 OZ (XAU=X) investors awaited minutes of the U.S. Federal Reserve’s March meeting Though employment growth accelerated from a 17-month low in March, data on Friday showed slowdown in wage growth and job cuts in the manufacturing sector, the first decline in factory payrolls since July 2017. The moderation in wage growth supported the […]

Australian Dollar: USD/AUD (AUD=X) remains range-bound, dull and directionless

Australian Dollar: USD/AUD (AUD=X) remains range-bound, dull and directionless

Australian Dollar: USD/AUD (AUD=X) remains range-bound, dull and directionless Not even the release of US non-farm payrolls data for March could wake the Aussie dollar from its slumber on Friday, initially rising in the wake of the report before giving back ground towards the close. “March US payrolls growth beat expectations, but market reaction was […]

Australia: S&P/ASX 200 (.AXJO) advances following a strong session on Wall Street on Friday

Australia: S&P/ASX 200 (.AXJO) advances following a strong session on Wall Street on Friday

Australia: S&P/ASX 200 (.AXJO) advances following a strong session on Wall Street on Friday Australian shares rebounded from a loss in the back-end of last week on Monday, following a strong session on Wall Street on Friday as stocks rose on the back of a solid US employment report. The S&P/ASX 200 Index rose 40.1 points, […]

British Pound: USD/GBP (GBP=X) Investors watching for a potentially key Brexit deal vote on Thursday

British Pound: USD/GBP (GBP=X) Investors watching for a potentially key Brexit deal vote on Thursday

British Pound: USD/GBP (GBP=X) Investors watching for a potentially key Brexit deal vote on Thursday The Pound-to-Dollar exchange rate is trading at 1.3032 at the start of a new week in which we expec the pair to be greatly affected by heightened Brexit uncertainty. The granting of a lenthy Brexit delay – or alternatively, no […]

Japanese Yen: USD/JPY (JPY=X) investors reacting to Friday’s mixed U.S. jobs report

Japanese Yen: USD/JPY (JPY=X) investors reacting to Friday’s mixed U.S. jobs report

Japanese Yen: USD/JPY (JPY=X) investors reacting to Friday’s mixed U.S. jobs report Investors may have grown tired of buying strength and may be setting up for a correction into value territory. Also a drop in Treasury yields may also be signaling confirmation of the Fed’s dovish policy. Given last week’s U.S. and China manufacturing PMI […]

Hong Kong: HANG SENG INDEX (.HSI) forging higher, building on solid gains from the previous week as hopes for a U.S.-China trade continue to rise

Hong Kong: HANG SENG INDEX (.HSI) forging higher, building on solid gains from the previous week as hopes for a U.S.-China trade continue to rise

Hong Kong: HANG SENG INDEX (.HSI) forging higher, building on solid gains from the previous week as hopes for a U.S.-China trade continue to rise Stock markets in Asia were forging higher Monday morning, building on solid gains the previous week as hopes for a U.S.-China trade continue to rise. Asia Pacific markets were mixed […]

Euro: USD/EUR (EUR=X) in falling channel and expected to extend

Euro: USD/EUR (EUR=X)  in falling channel and expected to extend

Euro: USD/EUR (EUR=X) in falling channel and expected to extend The Euro-to-Dollar rate is trading at 1.1215 at the start of the new week, virtually unchanged from the week before owing to a short-term period of consolidation. If we take a step back however and consider the technical perspective, the outlook for the pair is […]

Silver 1 OZ 999 NY (XAG=X) price supported by a lower U.S. dollar index

Silver 1 OZ 999 NY (XAG=X) price supported by a lower U.S. dollar index

Silver 1 OZ 999 NY (XAG=X) price supported by a lower U.S. dollar index Gold prices are moderately higher in midday U.S. trading Monday. However, prices have backed off their session highs. The metals are supported today by a lower U.S. dollar index and higher crude oil prices that scored a five-month high. June gold futures […]

Shanghai: SSE Composite Index (.SSEC) investors seeking more clarity in the U.S.-China trade negotiations

Shanghai: SSE Composite Index (.SSEC) investors seeking more clarity in the U.S.-China trade negotiations

Shanghai: SSE Composite Index (.SSEC) investors seeking more clarity in the U.S.-China trade negotiations Chinese shares closed weaker on Monday, retreating from gains hit in the previous week, on profit-taking and as investors seek more clarity in the U.S.-China trade negotiations, but hopes that Beijing’s policy will bolster growth curbed losses. At the close, the […]

Alibaba Group Holding Limited (NYSE:BABA) stock is bolstered by another income stream

Alibaba Group Holding Limited (NYSE:BABA) stock is bolstered by another income stream

Alibaba Group Holding Limited (NYSE:BABA) stock is bolstered by another income stream Any investor even casually acquainted with Alibaba Group Holdings (NYSE: BABA) knows about its massive ecommerce business and its burgeoning cloud computing business. However, according to Bank of America, BABA stock affiliate Ant Financial’s Alipay payment app is a much bigger deal than […]

Twitter, Inc. (NYSE:TWTR) Fighting the Fake News Menace

Twitter, Inc. (NYSE:TWTR) Fighting the Fake News Menace

Twitter, Inc. (NYSE:TWTR) Fighting the Fake News Menace In recent times, the issue of fake content has taken epic proportions. Major social media platforms like Facebook FB , Twitter TWTR , Weibo WB and Alphabet’s GOOGL Google have frequently come under fire for failing to combat the spread of fake news on their platforms Social […]

Apple Inc. (NASDAQ:AAPL) Hardware Sales Are Reaching Limits

Apple Inc. (NASDAQ:AAPL) Hardware Sales Are Reaching Limits

Apple Inc. (NASDAQ:AAPL) Hardware Sales Are Reaching Limits On various occasions, I’ve suggested that Apple has been an anomaly in that it can make serious money on hardware. In general, tech companies that make big profits in hardware tend to lose strength quickly. It’s simply too easy for competitors to make similar products at lower […]

Alphabet Inc. (NASDAQ:GOOG) accused of paying 24 times less corporation tax

Alphabet Inc. (NASDAQ:GOOG) accused of paying 24 times less corporation tax

Alphabet Inc. (NASDAQ:GOOG) accused of paying 24 times less corporation tax Web giant Google has been accused of avoiding enough UK corporation tax last year to give our flatlining NHS 60,000 more nurses. The £1.5billion estimate by campaign group the Tax Justice Network, in an analysis for the Mirror, is based on the firm booking […]

NASDAQ Composite (.IXIC) Rally Expected Ahead of First Quarter Bank Earnings

NASDAQ Composite (.IXIC) Rally Expected Ahead of First Quarter Bank Earnings

NASDAQ Composite (.IXIC) Rally Expected Ahead of First Quarter Bank Earnings The first quarter earnings season is finally here. And one way or another, all of the concerns investors and analysts have had regarding a slowing global economy have all by disappeared — with the caveat being “for now.” Driven by a solid March jobs […]

Facebook, Inc. (NASDAQ:FB) suffered another major data breach exposing the data of over 540 million of its members

Facebook, Inc. (NASDAQ:FB) suffered another major data breach exposing the data of over 540 million of its members

Facebook, Inc. (NASDAQ:FB) suffered another major data breach exposing the data of over 540 million of its members Facebook just suffered another major data breach exposing the data of over 540 million of its members, days after embattled Chief Executive Mark Zuckerberg called for stronger internet regulation. No worries, concludes Guggenheim, which raised its rating of Facebook’s stock (ticker: […]

Tesla, Inc. (NASDAQ:TSLA) investors question the strength of demand for its product lines

Tesla, Inc. (NASDAQ:TSLA) investors question the strength of demand for its product lines

Tesla, Inc. (NASDAQ:TSLA) investors question the strength of demand for its product lines Electric-car maker Tesla Inc. delivered sharply fewer vehicles to customers in the first three months of the year, raising questions about the strength of demand for its product lines as it ramps up assembly of the newest sedan. The Palo Alto, Calif., […]

Bitcoin: USD/BTC (BTC=X) Push To $6,000 Still In Play

Bitcoin: USD/BTC (BTC=X) Push To $6,000 Still In Play

Bitcoin: USD/BTC (BTC=X) Push To $6,000 Still In Play Late last month, NewsBTC reported that Filb Filb, a leading industry researcher, posted two charts in a bid to show that BTC could easily rally to $6,000 by the end of April. The first was Bitcoin’s price action from July to late-December, but inverted. The second was the […]

United States Oil (USO) Eyes Glued on Dow and Risk

United States Oil (USO) Eyes Glued on Dow and Risk

United States Oil (USO) Eyes Glued on Dow and Risk The U.S. oil and gas industry is praised by supporters for boosting America to the forefront of global production and attacked by critics who blame it for sowing doubt about the scientific consensus that burning fossil fuels is changing the Earth’s climate. The American Petroleum […]

Dow Jones Industrial Average (.DJI) is about 1.5% from a record as of Friday’s close

Dow Jones Industrial Average (.DJI) is about 1.5% from a record as of Friday’s close

Dow Jones Industrial Average (.DJI) is about 1.5% from a record as of Friday’s close Is it time for Wall Street to break out the Dow 27,000 hats that were summarily shelved back in October as a stock-market rally ran out of steam? It is hard to say for certain, but the Dow Jones Industrial […]

Silver 1 OZ 999 NY (XAG=X) seems in a hurry to go nowhere

Silver 1 OZ 999 NY (XAG=X) seems in a hurry to go nowhere

Silver 1 OZ 999 NY (XAG=X) seems in a hurry to go nowhere Once again gold and silver seem in a hurry to go nowhere. They are both continuing their rotations before they head lower to their ultimate support levels, which are $1,280 in gold and $14.60 in silver. Notice how fast the markets can change. Just a few […]

Hong Kong: HANG SENG INDEX (.HSI) stocks have reached seven-month highs

Hong Kong: HANG SENG INDEX (.HSI) stocks have reached seven-month highs

Hong Kong: HANG SENG INDEX (.HSI) stocks have reached seven-month highs Global markets and economies are watching in anticipation as two of the world’s largest economies engage in hard negotiations to finally settle their long-running trade disputes. With the recent turn of events pointing to a possible positive outcome in the US-China trade talks, global […]

Shanghai: SSE Composite Index (.SSEC) coming back from a dismal 2018

Shanghai: SSE Composite Index (.SSEC) coming back from a dismal 2018

Shanghai: SSE Composite Index (.SSEC) coming back from a dismal 2018 China stocks are coming back from a dismal 2018, during which the biggest ETFs tracking Chinese equities lost between 11% and 36%. Worries about the country’s economy, as well as the U.S.-China trade war, were among chief reasons for the declines. But some of […]

New Zealand Dollar: NZD/USD (NZD=X) traders have been given their dovish marching orders from the RBNZ

New Zealand Dollar: NZD/USD (NZD=X) traders have been given their dovish marching orders from the RBNZ

New Zealand Dollar: NZD/USD (NZD=X) traders have been given their dovish marching orders from the RBNZ There are no major events out of New Zealand this week, but traders have been given their dovish marching orders from the RBNZ. In Australia, investors will get the opportunity to react to Westpac Consumer Sentiment and the RBA […]

Australia: S&P/ASX 200 (.AXJO) investors focusing on the upcoming election

Australia: S&P/ASX 200 (.AXJO) investors focusing on the upcoming election

Australia: S&P/ASX 200 (.AXJO) investors focusing on the upcoming election There appears to be no rational reason why the positive sentiment around the Australian stock market evaporated at the end of this week. Investors just got a bout of the yips. There was no particularly negative economic news, no big corporate disappointments – just a […]

Singapore: STI Index (.STI) posts biggest weekly gain in 12 weeks

Singapore: STI Index (.STI) posts biggest weekly gain in 12 weeks

Singapore: STI Index (.STI) posts biggest weekly gain in 12 weeks Southeast Asian stock markets were rangebound on Friday as mixed reports about progress on a trade deal between Washington and Beijing left investors cautious about taking on more risk. U.S. President Donald Trump on Thursday said the United States and China were close to […]

Japanese Yen: USD/JPY (JPY=X) will continue to monitor the direction of U.S. Treasury yields

Japanese Yen: USD/JPY (JPY=X) will continue to monitor the direction of U.S. Treasury yields

Japanese Yen: USD/JPY (JPY=X) will continue to monitor the direction of U.S. Treasury yields Dollar/Yen traders will continue to monitor the direction of U.S. Treasury yields and appetite for risky assets. If both continue to rise then the Forex pair should move higher although buyers could run into resistance at 111.940 and 112.137. The price […]

Australian Dollar: USD/AUD (AUD=X) likely to continue to trade rangebound

Australian Dollar: USD/AUD (AUD=X) likely to continue to trade rangebound

Australian Dollar: USD/AUD (AUD=X) likely to continue to trade rangebound Friday’s close fell inside a 50% level at .7079 and a resistance zone at .7150 to .7153. Trader reaction to these levels will set the tone for the week. Trading inside .7079 to .7153 will indicate a neutral market. The AUD/USD is likely to continue […]

Euro: USD/EUR (EUR=X) price action suggests investor indecision and impending volatility

Euro: USD/EUR (EUR=X) price action suggests investor indecision and impending volatility

Euro: USD/EUR (EUR=X) price action suggests investor indecision and impending volatility Based on Friday’s close at 1.1215, the direction of the EUR/USD on Monday is likely to be determined by trader reaction to the minor top at 1.1255 and the minor bottom at 1.1183. Holding inside this range will indicate investor indecision. Bullish Scenario Taking […]

Gold 1 OZ (XAU=X) traders buying on the dip

Gold 1 OZ (XAU=X) traders buying on the dip

Gold 1 OZ (XAU=X) traders buying on the dip Gold prices are slightly higher in early U.S. trading, on some short covering in the futures market and some perceived bargain hunting in the cash market. The metals are also supported as the U.S. dollar index has turned weaker despite an upbeat U.S. jobs report that was […]

Canadian Dollar: USD/CAD (CAD=X) release of housing starts and building permits this week

Canadian Dollar: USD/CAD (CAD=X) release of housing starts and building permits this week

Canadian Dollar: USD/CAD (CAD=X) release of housing starts and building permits this week USD/CAD showed limited activity last week and ended the week with slight gains. There are no major Canadian events in the upcoming week. We’ll get a snapshot of the strength of the housing sector, with the release of housing starts and building permits. The […]

British Pound: USD/GBP (GBP=X) Rebounds despite Mixed US Data

British Pound: USD/GBP (GBP=X) Rebounds despite Mixed US Data

British Pound: USD/GBP (GBP=X) Rebounds despite Mixed US Data For most of last week, investors found the Pound appealing and the US Dollar relatively unappealing. The Pound’s appeal was bolstered largely by Brexit speculation, as hopes rose that UK Parliament would be able to prevent a no-deal Brexit, while Prime Minister Theresa May and opposition […]

Sell in May or stay and pray?

Sell in May or stay and pray?

According to the popular but pithy market aphorism, share market investors should “sell in May and go away” to avoid a seasonal downturn. Ah, if only it were that easy! The Gregorian calendar may tick over reliably, but many market watchers now believe the adage is a less than reliable indicator of market performance. The […]

Facebook, Inc. (NASDAQ:FB) ad delivery skews along race and gender lines

Facebook, Inc. (NASDAQ:FB) ad delivery skews along race and gender lines

Facebook, Inc. (NASDAQ:FB) ad delivery skews along race and gender lines Facebook allows an advertiser to target various, razor-sharp demographics. You can target people who like a specific page or even a particular book. You can target groups of people based on a broad range of categories. But for the research, published yesterday, researchers made no […]

Tesla, Inc. (NASDAQ:TSLA) about $US10 billion of Elon Musk’s fortune is derived from Tesla

Tesla, Inc. (NASDAQ:TSLA) about $US10 billion of Elon Musk’s fortune is derived from Tesla

Tesla, Inc. (NASDAQ:TSLA) about $US10 billion of Elon Musk’s fortune is derived from Tesla The electric car maker had reported a record decline in deliveries during the first quarter, down to 63,000 vehicles in the three months that ended in March, from 90,966 in the fourth quarter. About $US10 billion of Mr Musk’s fortune is […]

Apple Inc. (NASDAQ:AAPL) will increase its dividend by a double-digit percentage rate later this month

Apple Inc. (NASDAQ:AAPL) will increase its dividend by a double-digit percentage rate later this month

Apple Inc. (NASDAQ:AAPL) will increase its dividend by a double-digit percentage rate later this month There’s a good chance Apple will increase its dividend by a double-digit percentage rate later this month. Since Apple initiated its dividend in fiscal 2012, the payout has seen strong growth. The quarterly dividend has increased from a split-adjusted $0.38 […]

NASDAQ Composite (.IXIC) mixed reports about the progress of a trade deal left investors unwilling to take on more risk

NASDAQ Composite (.IXIC) mixed reports about the progress of a trade deal left investors unwilling to take on more risk

NASDAQ Composite (.IXIC) mixed reports about the progress of a trade deal left investors unwilling to take on more risk Global stocks edged lower on Thursday, as investors looked for tangible signs of progress in U.S.-China trade talks while the euro was dented after disappointing economic data out of Germany. Mixed reports about the progress […]

United States Oil (USO) prices have been underpinned by tightening global supplies and signs of demand picking up

United States Oil (USO) prices have been underpinned by tightening global supplies and signs of demand picking up

United States Oil (USO) prices have been underpinned by tightening global supplies and signs of demand picking up Brent oil prices rose on Thursday, topping $70 per barrel for the first time in nearly five months, as expectations of tight global supply outweighed pressure from rising U.S. production and less robust global demand indicators. Brent […]

Twitter, Inc. (NYSE:TWTR) making progress on efforts to improve the user experience

Twitter, Inc. (NYSE:TWTR) making progress on efforts to improve the user experience

Twitter, Inc. (NYSE:TWTR) making progress on efforts to improve the user experience Shares of Twitter Inc. TWTR, +0.12% are up 0.4% in morning trading Thursday after Guggenheim’s Michael Morris raised his price target on the stock to $41 from $33 in a broader note about internet stocks. Morris also upgraded Facebook Inc.’s stock FB, +1.43% […]

Bitcoin: USD/BTC (BTC=X) price consolidates below $5000

Bitcoin: USD/BTC (BTC=X) price consolidates below $5000

Bitcoin: USD/BTC (BTC=X) price consolidates below $5000 The bitcoin price on Thursday depreciated as much as 10.33-percent against the US dollar. The cryptocurrency reached an intraday low at $4,833 in an interim bearish correction. It was already trending inside an overbought zone when the downside action started. Traders found a decent opportunity to exit their long positions […]

Amazon.com, Inc. (NASDAQ:AMZN) Jeff Bezos finalized the terms of divorce

Amazon.com, Inc. (NASDAQ:AMZN) Jeff Bezos finalized the terms of divorce

Amazon.com, Inc. (NASDAQ:AMZN) Jeff Bezos finalized the terms of divorce The Bezos have finalized the terms of their divorce, with Amazon CEO Jeff Bezos retaining 75% of the couple’s stake and all interests in the Washington Post and the space-travel company Blue Origin, MacKenzie said in a Thursday tweet. Jeff will hold onto 59.1 million shares of Amazon, […]

Alphabet Inc. (NASDAQ:GOOG) cancelled its AI ethics board a little more than a week after announcing it

Alphabet Inc. (NASDAQ:GOOG) cancelled its AI ethics board a little more than a week after announcing it

Alphabet Inc. (NASDAQ:GOOG) cancelled its AI ethics board a little more than a week after announcing it Google has shut down its AI ethics board little more than a week after announcing it. Vox reports that the Silicon Valley tech giant has scrapped the group, which had been intended to scrutinise the company’s work on […]

Dow Jones Industrial Average (.DJI) surges back from weak open

Dow Jones Industrial Average (.DJI) surges back from weak open

Dow Jones Industrial Average (.DJI) surges back from weak open The Dow Jones Industrial Average stumbled in pre-market futures trading but quickly regained its footing following the opening bell. As of 11:24 am ET, the index stood at 26,345.63, rising 127.5 points or 0.49 percent as Dow Inc. surged to a new 52-week high. The […]

Tianci International, Inc. (OTC:CIIT) Headed Higher

Tianci International, Inc. (OTC:CIIT) Headed Higher

Tianci International, Inc. (OTC:CIIT) Heffx Technical Analysis Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 8.52. The projected lower bound is: 1.23. The projected closing price is: 2.47. Candlesticks During the past 10 bars, there have been 4 white candles and […]

Hong Kong: HANG SENG INDEX (.HSI) China’s government bonds poised for worst week since 2014

Hong Kong: HANG SENG INDEX (.HSI) China’s government bonds poised for worst week since 2014

Hong Kong: HANG SENG INDEX (.HSI) China’s government bonds poised for worst week since 2014 China’s booming equity rally entered a new phase this week as economic data provided bulls with a fresh catalyst. After signals from the Treasury market in March got the whole world panicking over global growth, equity investors were encouraged by data showing […]

Gold 1 OZ (XAU=X) market watchers are looking ahead to the U.S. Labor Department’s employment report for March

Gold 1 OZ (XAU=X) market watchers are looking ahead to the U.S. Labor Department’s employment report for March

Gold 1 OZ (XAU=X) market watchers are looking ahead to the U.S. Labor Department’s employment report for March Market watchers are looking ahead to the U.S. Labor Department’s employment report for March, which is due out Friday morning. It’s arguably the most important economic data point of the month. The key non-farm payrolls number in […]

Japanese Yen: USD/JPY (JPY=X) reaching towards the ¥111.50 level

Japanese Yen: USD/JPY (JPY=X) reaching towards the ¥111.50 level

Japanese Yen: USD/JPY (JPY=X) reaching towards the ¥111.50 level The US dollar has rallied a bit during the trading session on Thursday, reaching towards the ¥111.50 level. That is an area that extends all the way to the ¥112 level, and therefore it will be very interesting to see whether or not the market can break […]

Canadian Dollar: USD/CAD (CAD=X) lack of fundamental triggers to push the pair decisively in any direction

Canadian Dollar: USD/CAD (CAD=X) lack of fundamental triggers to push the pair decisively in any direction

Canadian Dollar: USD/CAD (CAD=X) lack of fundamental triggers to push the pair decisively in any direction The Canadian dollar today attempted to rally higher against its US counterpart in the American session after the release of the upbeat Canadian Ivey PMI data. The USD/CAD currency pair today traded mostly directionless amid a lack of fundamental triggers to push the pair decisively in any direction. The USD/CAD currency pair today rallied […]

Singapore: STI Index (.STI) investors look to new leads in the US-China trade talks

Singapore: STI Index (.STI) investors look to new leads in the US-China trade talks

Singapore: STI Index (.STI) investors look to new leads in the US-China trade talks The rally witnessed by markets in Asia started to dissipate yesterday but the Singapore market closed higher despite a lack of catalysts. The Straits Times Index (STI) gained 4.94 points or 0.15 per cent to close at 3,316.21. Elsewhere in Asia, […]

Shanghai: SSE Composite Index (.SSEC) U.S.-China trade talks intensify

Shanghai: SSE Composite Index (.SSEC) U.S.-China trade talks intensify

Shanghai: SSE Composite Index (.SSEC) U.S.-China trade talks intensify Stocks closed mostly higher Thursday, with the S&P 500 extending its win streak to a sixth session, as investors continued to monitor trade talks between the U.S. and China, which are reportedly in their final stretch. How did the benchmarks fare? The Dow Jones Industrial Average […]

UK FTSE 100 (.FTSE) found itself off its six-month highs

UK FTSE 100 (.FTSE) found itself off its six-month highs

UK FTSE 100 (.FTSE) found itself off its six-month highs Shares tumbled as much as 40% at one stage as it said this will knock profit margins, which, together with changes to premium renewal prices and investment in new products, will see underlying pre-tax profits slump up to 42% in 2019-20. It is now pencilling […]

New Zealand Dollar: NZD/USD (NZD=X) sellers struggling to breach 6-month trend line support

New Zealand Dollar: NZD/USD (NZD=X) sellers struggling to breach 6-month trend line support

New Zealand Dollar: NZD/USD (NZD=X) sellers struggling to breach 6-month trend line support The New Zealand Dollar has not made much progress since last week’s dramatic drop against its US namesake. Sellers have attempted to force a breakdown, but a lasting breach of rising trend support guiding the Kiwi higher since early October 2018 lows […]

British Pound: USD/GBP (GBP=X) slips after Carney warning on Brexit

British Pound: USD/GBP (GBP=X) slips after Carney warning on Brexit

British Pound: USD/GBP (GBP=X) slips after Carney warning on Brexit After three days of gains, GBP/USD has dropped considerably on Thursday. In North American trade, GBP/USD is trading at 1.3075 down 0.62% on the day. On the release front, British new home-secured loans dropped to GBP 6.2 billion, shy of the estimate of GBP 7.7 […]

Silver 1 OZ 999 NY (XAG=X) under pressure

Silver 1 OZ 999 NY (XAG=X) under pressure

Silver 1 OZ 999 NY (XAG=X) under pressure Gold and silver prices are modestly lower in midday trading Thursday, but have moved up from their daily lows that pushed both markets to more-than-three-month lows early on. An upbeat U.S. economic report released this morning bolstered the keener trader and investor risk appetite that is keeping safe-haven gold and […]

Euro: USD/EUR (EUR=X) testing major support

Euro: USD/EUR (EUR=X) testing major support

Euro: USD/EUR (EUR=X) testing major support The Euro continues to bounce around the physical and psychologically important 1.12 handle. This is a market that continues to bounce around in a larger consolidation area, so therefore we should be paying attention to the outer ranges. The Euro has fallen rather hard during trading on Thursday, as we […]

Australian Dollar: USD/AUD (AUD=X) may drift a little bit lower

Australian Dollar: USD/AUD (AUD=X) may drift a little bit lower

Australian Dollar: USD/AUD (AUD=X) may drift a little bit lower The Australian dollar broke down a bit slightly during the trading session on Thursday, but quite frankly we are in a reasonable range to follow, so at this point we may drift a little bit lower but it should end up being a buying opportunity for […]

Australia: S&P/ASX 200 (.AXJO) poised to dip at open

Australia: S&P/ASX 200 (.AXJO) poised to dip at open

Australia: S&P/ASX 200 (.AXJO) poised to dip at open Shares in Asia were mixed on Thursday as investors watched ongoing negotiations between the U.S. and China, with the two economic powerhouses reportedly closer to striking a deal to end a protracted trade dispute. Mainland Chinese markets closed higher, with the Shanghai composite adding 0.94% to […]

Amazon.com, Inc. (NASDAQ:AMZN) will be looking to continue its solid performance

Amazon.com, Inc. (NASDAQ:AMZN) will be looking to continue its solid performance

Amazon.com, Inc. (NASDAQ:AMZN) will be looking to continue its solid performance Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Is Amazon.com (AMZN) one of those stocks right now? A quick glance at the company’s year-to-date performance in comparison to the rest of the Retail-Wholesale sector should […]

Apple Inc. (NASDAQ:AAPL) news subscription service, Apple News+, had 200,000 sign-ups for a free trial in the first 48 hours it was available

Apple Inc. (NASDAQ:AAPL) news subscription service, Apple News+, had 200,000 sign-ups for a free trial in the first 48 hours it was available

Apple Inc. (NASDAQ:AAPL) news subscription service, Apple News+, had 200,000 sign-ups for a free trial in the first 48 hours it was available Apple’s new subscription service for news and magazines, Apple News+, had more than 200,000 people subscribe to a free one-month trial in the first 48 hours it was available, according to The […]

The Boeing Company (NYSE:BA) further downside expected

The Boeing Company (NYSE:BA) further downside expected

The Boeing Company (NYSE:BA) further downside expected With Boeing’s (Boeing’s Stock Quote, Chart NYSE:BA) share price in a tailspin, the curious investor might be wondering if now’s the time to be buying the stock on the cheap. Not yet, says portfolio manager Chris Stuchberry, who claims that there could very well be further downside ahead. […]

$185 looks like a top for Alibaba Group Holding Limited (NYSE:BABA) … time to become a BABA stock bear

$185 looks like a top for Alibaba Group Holding Limited (NYSE:BABA) … time to become a BABA stock bear

$185 looks like a top for Alibaba Group Holding Limited (NYSE:BABA) … time to become a BABA stock bear Shares of Alibaba (NYSE:BABA) are struggling to head higher after a monster move off the recent lows. Alibaba stock had been off to a torrid 2019, heading higher by over 30% so far this year. The past […]

United States Oil (USO) production hits fresh peak

United States Oil (USO) production hits fresh peak

United States Oil (USO) production hits fresh peak U.S. crude oil stockpiles soared unexpectedly last week as imports climbed and production edged higher to a new record, the Energy Information Administration said on Wednesday. Refined fuel inventories fell more than expected, with gasoline drawing down for a seventh straight week, as refining rates remained low, […]

Tesla, Inc. (NASDAQ:TSLA) ‘Massive’ delivery backlog in Europe, China blamed; company reaffirms yearly guidance

Tesla, Inc. (NASDAQ:TSLA) ‘Massive’ delivery backlog in Europe, China blamed; company reaffirms yearly guidance

Tesla, Inc. (NASDAQ:TSLA) ‘Massive’ delivery backlog in Europe, China blamed; company reaffirms yearly guidance Tesla Inc. said late Wednesday it delivered about 63,000 vehicles in the first quarter, significantly fewer than analysts had expected. Analysts surveyed by FactSet has expected 76,000 deliveries, with about 54,600 of those being Model 3 sedans. Tesla TSLA, +2.07% said […]

Facebook, Inc. (NASDAQ:FB) took a slight dip on the news and closed the day in the negative

Facebook, Inc. (NASDAQ:FB) took a slight dip on the news and closed the day in the negative

Facebook, Inc. (NASDAQ:FB) took a slight dip on the news and closed the day in the negative Researchers at cybersecurity firm UpGuard claim to have found the records of millions of Facebook users in publicly-accessible places on Amazon’s cloud servers. The records were apparently stored there by Facebook partners, not by Facebook itself. Moreover, the data was not particularly […]

Netflix, Inc. (NASDAQ:NFLX) subscriber growth — the key driver for Netflix shares — is expected to slow dramatically

Netflix, Inc. (NASDAQ:NFLX) subscriber growth — the key driver for Netflix shares — is expected to slow dramatically

Netflix, Inc. (NASDAQ:NFLX) subscriber growth — the key driver for Netflix shares — is expected to slow dramatically Netflix’s upcoming earnings report may not send the stock rallying, but the stock is still a good buy in the long run, according to Credit Suisse. Analyst Douglas Mitchelson, who has an outperform rating and a $440 […]

Alphabet Inc. (NASDAQ:GOOG) paid just £67 million in UK corporation tax last year while it enjoyed revenues of £1.41 billion

Alphabet Inc. (NASDAQ:GOOG) paid just £67 million in UK corporation tax last year while it enjoyed revenues of £1.41 billion

Alphabet Inc. (NASDAQ:GOOG) paid just £67 million in UK corporation tax last year while it enjoyed revenues of £1.41 billion The revelations have triggered calls for the UK’s tax system to be simplified in order to reduce their exploitation. They come as the Treasury considers a new digital levy designed to boost the amount that Silicon […]

Dow Jones Industrial Average (.DJI) faces worrisome headwinds from Caterpillar and Boeing

Dow Jones Industrial Average (.DJI) faces worrisome headwinds from Caterpillar and Boeing

Dow Jones Industrial Average (.DJI) faces worrisome headwinds from Caterpillar and Boeing The Dow Jones Industrial Average continues to slaughter all challengers, swatting away trade war concerns, recession alarms, and Trump administration turmoil as if they were flies on a window. However, Deutsche Bank warns that one key index component threatens to cripple the stock market bellwether […]

Bitcoin: USD/BTC (BTC=X) fundamentals fueling gains

Bitcoin: USD/BTC (BTC=X) fundamentals fueling gains

Bitcoin: USD/BTC (BTC=X) fundamentals fueling gains Bitcoin cash has surged recently, climbing upwards of 100% since Monday morning and leaving other top cryptocurrencies in the dust. This digital currency, a fork of the original bitcoin, skyrocketed to $324.57 today,CoinDesk price data reveals.  At this point, it was up roughly 94.4% from its Monday low of $166.93 and […]

UK FTSE 100 (.FTSE) UK Services PMI marks worst month since Brexit referendum

UK FTSE 100 (.FTSE) UK Services PMI marks worst month since Brexit referendum

UK FTSE 100 (.FTSE) UK Services PMI marks worst month since Brexit referendum FTSE 100 closed higher while Wall Street shares gained on Wednesday as Brexit rumblings continued. Among top risers on Footsie were big housebuilders on hopes of a ‘softer’ UK departure from the EU. Taylor Wimpey (LON:TW.) was top dog, adding 4.35% to 187.05. Persimmon (LON: PSN) […]

Shanghai: SSE Composite Index (.SSEC) renewed optimism in China’s economy takes hold as US trade deal looks all but certain

Shanghai: SSE Composite Index (.SSEC) renewed optimism in China’s economy takes hold as US trade deal looks all but certain

Shanghai: SSE Composite Index (.SSEC) renewed optimism in China’s economy takes hold as US trade deal looks all but certain More signs of improved business sentiment in China helped push the country’s main stock benchmark past its highest level since March of last year on Wednesday, as investors continue to warm to an optimistic view […]

British Pound: USD/GBP (GBP=X) is awaiting a breakthrough in the Brexit deadlock

British Pound: USD/GBP (GBP=X) is awaiting a breakthrough in the Brexit deadlock

British Pound: USD/GBP (GBP=X) is awaiting a breakthrough in the Brexit deadlock GBP/USD has been consolidating between the top end of the 1.29 handle and the lower end of the 1.33 handle, for the most part, with a brief test of the 50% Fibo of the mid-April highs to flash crash lows at the start […]

Euro: USD/EUR (EUR=X) still in a consolidation phase

Euro: USD/EUR (EUR=X) still in a consolidation phase

Euro: USD/EUR (EUR=X) still in a consolidation phase The Euro has bounced nicely from the 1.12 level during the trading session on Wednesday, as we continue to see the longer-term consolidation area hold. The 1.12 level is the bottom of this major area, with the 1.15 level above offering massive resistance. As we have reached an […]

Hong Kong: HANG SENG INDEX (.HSI) resumption of trade talks between the U.S. and China in Washington

Hong Kong: HANG SENG INDEX (.HSI) resumption of trade talks between the U.S. and China in Washington

Hong Kong: HANG SENG INDEX (.HSI) resumption of trade talks between the U.S. and China in Washington “Ninety percent of the deal is done, but the last 10% is the hardest part,” U.S. Chamber of Commerce executive Myron Brilliant said, according to the Financial Times. The report added that if a deal is not reached […]

Singapore: STI Index (.STI) rally continues

Singapore: STI Index (.STI) rally continues

Singapore: STI Index (.STI) rally continues THE rally in Asian markets continued on Wednesday on the back of improving prospects of a US-China trade deal, even though IMF chief Christine Lagarde warned of slower growth in many economies. In Singapore, the Straits Times Index (STI) gained 31.49 points or 0.96 per cent to close at 3,311.27.  […]

Silver 1 OZ 999 NY (XAG=X) continue to grind at major level

Silver 1 OZ 999 NY (XAG=X) continue to grind at major level

Silver 1 OZ 999 NY (XAG=X) continue to grind at major level\ Silver markets of course react to a large, round, psychologically important numbers as other markets do, and of course $15.00 is a crucial level. That being said, I anticipate that it’s only a matter of time before we get some type of bigger move, […]

Australian Dollar: USD/AUD (AUD=X) Reserve Bank turns ‘dovish’ on economy

Australian Dollar: USD/AUD (AUD=X) Reserve Bank turns ‘dovish’ on economy

Australian Dollar: USD/AUD (AUD=X) Reserve Bank turns ‘dovish’ on economy It was buying 70.69 US cents at 7:15am (AEDT), a significant drop from yesterday’s 71.11 US cents. The dollar also experienced steep falls to 53.83 British pence (-0.6 pc), 63.09 euro cents (-0.5 pc), and 78.72 Japanese yen (-0.6pc). Currency traders sold the Australian dollar […]

Australia: S&P/ASX 200 (.AXJO) climbed for a seventh straight session

Australia: S&P/ASX 200 (.AXJO) climbed for a seventh straight session

Australia: S&P/ASX 200 (.AXJO) climbed for a seventh straight session S&P/ASX 200 has climbed for a seventh straight session on easing global growth concerns, closing 42.6 points or 0.68% higher at 6285 points. Recent economic data from China and the US have seen better than expected results while US-China trade tensions are easing and moving […]

United States Oil (USO) prices rise for fourth day

United States Oil (USO) prices rise for fourth day

United States Oil (USO) prices rise for fourth day Oil prices rose for a fourth day on Wednesday, with support from OPEC-led supply cuts and U.S. sanctions overshadowing an industry report showing an unexpected rise in U.S. inventories last week. Brent futures rose 35 cents, or 0.5 percent, to $69.72 a barrel by 0207 GMT, after […]

Activision Blizzard, Inc. (NASDAQ:ATVI) stock sells at price-earnings ratio of 23x

Activision Blizzard, Inc. (NASDAQ:ATVI) stock sells at price-earnings ratio of 23x

Activision Blizzard, Inc. (NASDAQ:ATVI) stock sells at price-earnings ratio of 23x Fundamentally, ATVI is not cheap: it sells at price-earnings ratio of 23x, but it’s not bloated either. The fall from grace shed a lot of the froth. The question to ask is if Activision stock has a chance to recapture its old glory. The […]

Baidu, Inc. (NASDAQ:BIDU) What You Should Know

Baidu, Inc. (NASDAQ:BIDU) What You Should Know

Baidu, Inc. (NASDAQ:BIDU) What You Should Know Baidu Inc. (BIDU) closed the most recent trading day at $170.98, moving +0.34% from the previous trading session. This move outpaced the S&P 500’s daily of 0%. Meanwhile, the Dow lost 0.3%, and the Nasdaq, a tech-heavy index, added 0.25%. Coming into today, shares of the web search […]

NASDAQ Composite (.IXIC) stocks struggled for direction

NASDAQ Composite (.IXIC) stocks struggled for direction

NASDAQ Composite (.IXIC) stocks struggled for direction Stocks closed narrowly mixed as investors appeared to pause after Monday’s sharp gains. A day after all the major indexes closed more than 1% higher, stocks on Tuesday struggled for direction and ended close to their starting points for the day. The S&P 500 was little changed while […]

Facebook, Inc. (NASDAQ:FB) gave Instagram users the ability to browse and purchase offerings directly from 23 top brands

Facebook, Inc. (NASDAQ:FB) gave Instagram users the ability to browse and purchase offerings directly from 23 top brands

Facebook, Inc. (NASDAQ:FB) gave Instagram users the ability to browse and purchase offerings directly from 23 top brands Shares of the tech giant rose 3.3 percent following Deutsche Bank’s call that Facebook’s Instagram platform could “add an incremental $10 [billion] of revenue in 2021” thanks to the new e-commerce checkout feature.Facebook gave Instagram users the […]

Many Netflix, Inc. (NASDAQ:NFLX) subscribers are about to get a bigger monthly bill

Many Netflix, Inc. (NASDAQ:NFLX) subscribers are about to get a bigger monthly bill

Many Netflix, Inc. (NASDAQ:NFLX) subscribers are about to get a bigger monthly bill The streaming service sent emails this week to US subscribers about a price increase that starts in their next billing cycle. It’s an increase some Netflix customers have already seen.Netflix (NFLX) announced the price hikes in January, and said at the time that the […]

Amazon.com, Inc. (NASDAQ:AMZN) may soon reach $2,050

Amazon.com, Inc. (NASDAQ:AMZN) may soon reach $2,050

Amazon.com, Inc. (NASDAQ:AMZN) may soon reach $2,050 Shares of Amazon are climbing back toward their all-time high of $2,050, and one technical analyst believes the stock may soon reach that level — and then blow through it. Oppenheimer’s Ari Wald said Monday on CNBC’s “Trading Nation” that after the stock topped $1,730, which had been a key level of […]

Hey Alphabet Inc. (NASDAQ:GOOG), talk to Walmart

Hey Alphabet Inc. (NASDAQ:GOOG), talk to Walmart

Hey Alphabet Inc. (NASDAQ:GOOG), talk to Walmart Walmart customers will be able to order groceries with voice commands through Google’s smart-home assistant, the retail giant announced on Tuesday in its latest effort to compete with Amazon. Starting this month, shoppers will be to add items directly to their Walmart Grocery cart using Google Assistant by […]

Tesla, Inc. (NASDAQ:TSLA) stock fell into decline on Tuesday after Chinese hackers exposed a shocking vulnerability in the Model S.

Tesla, Inc. (NASDAQ:TSLA) stock fell into decline on Tuesday after Chinese hackers exposed a shocking vulnerability in the Model S.

Tesla, Inc. (NASDAQ:TSLA) stock fell into decline on Tuesday after Chinese hackers exposed a shocking vulnerability in the Model S. China hackers set their sights on Tesla to expose just how easy it was to manipulate the Model S. Not only were they able to trick the autopilot systems of the luxury vehicles, but they’ve […]

Bitcoin: USD/BTC (BTC=X) Rally Continues

Bitcoin: USD/BTC (BTC=X) Rally Continues

Bitcoin: USD/BTC (BTC=X) Rally Continues BTC is trading at around $4,904 at press time, holding ground on the day after it broke the $4,500 price mark for the first time this year. The coin has gained 17.66 percent on the day, while its weekly gains are over 22 percent. Today, cryptocurrency bull Brian Kelly suggested that the […]

Apple Inc. (NASDAQ:AAPL) revenue and Apple stock remain tied to the iPhone

Apple Inc. (NASDAQ:AAPL) revenue and Apple stock remain tied to the iPhone

Apple Inc. (NASDAQ:AAPL) revenue and Apple stock remain tied to the iPhone We are now at the halfway point between last year’s iPhone event and the announcement of the 2019 iPhones, which is expected in mid-September. And we’re already beginning to see details emerge about the 2020 iPhones … Apple (NASDAQ: AAPL ) may be […]

David Blitzer, who for years has been the principal voice in deciding who belonged in the vaunted Dow Jones Industrial Average (.DJI), is retiring after a nearly 40-year career

David Blitzer, who for years has been the principal voice in deciding who belonged in the vaunted  Dow Jones Industrial Average (.DJI), is retiring after a nearly 40-year career

David Blitzer, who for years has been the principal voice in deciding who belonged in the vaunted Dow Jones Industrial Average (.DJI), is retiring after a nearly 40-year career David Blitzer, who for years has been the principal voice in deciding who belonged in the vaunted Dow Jones Industrial Average, is retiring after a nearly […]

Singapore Telecommunications HEFFX Highlights

Singapore Telecommunications HEFFX Highlights

Singapore Telecommunications Limited is a communications company. The Company is engaged in the operation and provision of telecommunications systems and services, and investment holding. In addition, it offers Internet services and also holds frequency spectrum and license rights to install, operate and maintain mobile communication systems and services, including wireless broadband systems and services. It […]

Starhub HEFFX Highlights

Starhub HEFFX Highlights

StarHub Ltd is a Singapore-based info-communications company. The Company engaged in operation and provision of telecommunications services and other businesses relating to the info-communications industry. The Company offers a range of information, communications and entertainment services for both consumer and corporate markets. It delivers Mobile, Pay television, Broadband, Fixed network services and equipment sales on […]

Shanghai: SSE Composite Index (.SSEC) Manufacturing Data Lifts Share Prices

Shanghai: SSE Composite Index (.SSEC) Manufacturing Data Lifts Share Prices

Shanghai: SSE Composite Index (.SSEC) Manufacturing Data Lifts Share Prices One of my favorite economic reports is produced by the Institute of Supply Management, a manufacturing trade organization. Its monthly survey of purchasing managers called the Purchasing Managers’ Index (PMI) is useful because it summarizes current activity and expectations among purchasers for the future. The PMI […]

Australian Dollar: USD/AUD (AUD=X) we continue to see a lot of noise in this pair

Australian Dollar: USD/AUD (AUD=X) we continue to see a lot of noise in this pair

Australian Dollar: USD/AUD (AUD=X) we continue to see a lot of noise in this pair The Australian dollar fell significantly during the trading session on Tuesday, as we continue to reach down towards the 0.7050 level. Underneath there, the 0.70 level is the beginning of massive support that should continue to have a major influence on […]