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 […]

Cluster has become One of Australia’s Leading 1st Season Sires

Cluster has become One of Australia’s Leading 1st Season Sires

Larneuk based Cluster has become One of Australia’s Leading 1st Season Sires. Cluster has only had 3 runners so far, 2 of them winners Gee Gees Darl and Galaxy , Bunched has had one start for a gallant 2nd at Lismore during the week. Check the Australian 1st Season Sires List A particularly good looking […]

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 […]

Japanese Yen: USD/JPY (JPY=X) Japanese PPI disappointed with a gain of 0.6%

Japanese Yen: USD/JPY (JPY=X) Japanese PPI disappointed with a gain of 0.6%

Japanese Yen: USD/JPY (JPY=X) Japanese PPI disappointed with a gain of 0.6% USD/JPY has gained ground in the Wednesday session. In the North American session, the pair is trading at 110.76, up 0.25% on the day. On the release front, Japanese PPI disappointed with a gain of 0.6% in January, shy of the estimate of […]

Silver 1 OZ 999 NY (XAG=X) Bulls Still Have Chart Edge

Silver 1 OZ 999 NY (XAG=X) Bulls Still Have Chart Edge

Silver 1 OZ 999 NY (XAG=X) Bulls Still Have Chart Edge Gold and silver prices are near steady in early-afternoon U.S. trading Wednesday and have traded both sides of unchanged today. Buying interest in both metals was limited by a higher U.S. dollar index today, as well as firmer U.S. stock indexes that hit two-month highs. However, the sellers remain […]

Euro: USD/EUR (EUR=X) recovers $1.13, but for how long?

Euro: USD/EUR (EUR=X) recovers $1.13, but for how long?

Euro: USD/EUR (EUR=X) recovers $1.13, but for how long? EUR/USD finally managed a substantial rally yesterday, moving off $1.126 and heading towards $1.134, but at present it looks like a lower high has been created. Further downside targets $1.126, and then to $1.1118. If bulls can hold the price above $1.126 and create a higher high, […]

Singapore: STI Index (.STI) hits 3-week high on trade optimism

Singapore: STI Index (.STI) hits 3-week high on trade optimism

Singapore: STI Index (.STI) hits 3-week high on trade optimism Singapore stocks climbed in line with Asian peers on Wednesday, lifted by the possibility that Washington and Beijing might reach an agreement in trade talks, while other regional markets flitted in a flat-to-lower range after paring early gains. Ahead of the high-level talks due in […]

Spain Revolts on Socialist Government

Spain Revolts on Socialist Government

Spain’s Parliament has rejected a 2019 budget proposal, marking a major blow to Prime Minister Pedro Sanchez and raising the prospect of a potential snap general election. A host of minority regional parties, including the Catalans, refused to support the crucial piece of legislation and voted against the proposal put forward by the socialist-led cabinet […]

Osborne Bulls in Saturday’s G1 Lightning Stakes at Flemington

Osborne Bulls in Saturday’s G1 Lightning Stakes at Flemington

G1 challenge confronts Osborne Bulls at Flemington by Mike Hedge at Godolphin The return to racing of brilliant sprinter Osborne Bulls in Saturday’s G1 Lightning Stakes at Flemington is being treated cautiously by trainer James Cummings. But whatever the result, the gelding who rose to every challenge in the spring is shaping as a key […]

The Championships at Royal Randwick on Saturday 6 April and Saturday 13 April

The Championships at Royal Randwick on Saturday 6 April and Saturday 13 April

The Championships has attracted a record number of nominations, bursting through the 1500-mark, following the closing deadline for the sixth running of the highly-successful series. Racing NSW and Australian Turf Club received 1536 nominations for the 10 races to be run during The Championships at Royal Randwick on Saturday 6 April and Saturday 13 April. […]

Dubai World Cup Latest News

Dubai World Cup Latest News

• · WinStar Three-Wide in World Cup • · Suave Richard Sets Sights on Sheema • · Bravazo World Cup-Bound • · Meydan Sprint Step One for Blue Point • · Watson Chats Kimbear, Muntazah & Pop the Hood • · Good Curry Spices Up Thursday Card • · Poetic Charm Ready to Disarm WINSTAR […]

Right-sizing operations is part of Tesla’s long term goal to democratize the EV market — and that’s a big positive for Tesla, Inc. (NASDAQ:TSLA) stock

Right-sizing operations is part of Tesla’s long term goal to democratize the EV market — and that’s a big positive for Tesla, Inc. (NASDAQ:TSLA) stock

Right-sizing operations is part of Tesla’s long term goal to democratize the EV market — and that’s a big positive for Tesla, Inc. (NASDAQ:TSLA) stock It seems electric vehicle manufacturer Tesla (NASDAQ:TSLA) is always in the headlines. But over the past several weeks, the Tesla headlines have been dominated by one common theme: job cuts. In late […]

Facebook, Inc. (NASDAQ:FB) has many problems that it needs to solve, but leadership is not one of them

Facebook, Inc. (NASDAQ:FB) has many problems that it needs to solve, but leadership is not one of them

Facebook, Inc. (NASDAQ:FB) has many problems that it needs to solve, but leadership is not one of them Anyone who feels Facebook (NASDAQ:FB) could have prevented the firestorm it’s faced over the past two years as a result of the Cambridge Analytica data scandal is fooling themselves. That said, FB stock rightfully got hammered after the company […]

United States Oil (USO) production expected to hit records this year

United States Oil (USO) production expected to hit records this year

United States Oil (USO) production expected to hit records this year U.S. oil production is anticipated to break records in the next two years — and prices are primed to increase slightly, according to an energy study released Tuesday. The Energy Information Administration (EIA) said Tuesday that crude oil production is expected to rise to an […]

Bitcoin: USD/BTC (BTC=X) May Soon See Increased Selling Pressure

Bitcoin: USD/BTC (BTC=X) May Soon See Increased Selling Pressure

Bitcoin: USD/BTC (BTC=X) May Soon See Increased Selling Pressure At the time of writing, Bitcoin (BTC) is trading down 0.5% at its current price of $3,630. In the time following last Friday’s price rally, BTC has been relatively stable, and has found some levels of buying support in the low-$3,600 region. Although its ability to maintain its […]

Alphabet Inc. (NASDAQ:GOOG) is rife with “buy” ratings and very few sell or hold ratings, and it has 20.45% upside

Alphabet Inc. (NASDAQ:GOOG)  is rife with “buy” ratings and very few sell or hold ratings, and it has 20.45% upside

Alphabet Inc. (NASDAQ:GOOG) is rife with “buy” ratings and very few sell or hold ratings, and it has 20.45% upside Alphabet Inc (NASDAQ: GOOGL ) has made the most AI purchases out of any tech firm calculated  research firm Quid , which shows that GOOG has made 20 acquisitions, including predictive analytics platform Kaggle in Q1 2017 alone. Google CEO Sundar Pichai long […]

Alibaba Group Holding Limited (NYSE:BABA) Q3 2019 results come out mixed

Alibaba Group Holding Limited (NYSE:BABA) Q3 2019 results come out mixed

Alibaba Group Holding Limited (NYSE:BABA) Q3 2019 results come out mixed Investment Thesis Alibaba (NYSE:BABA) is by far and wide my best pick to choose from any overseas country. Further, the fact that it’s listed on NYSE certainly adds a much-needed crutch to my margin of safety. Overall, Alibaba is tremendously undervalued. Background In the […]

Dow Jones Industrial Average (.DJI) tentative deal to avoid government shutdown

Dow Jones Industrial Average (.DJI) tentative deal to avoid government shutdown

Dow Jones Industrial Average (.DJI) tentative deal to avoid government shutdown Stocks rose on Tuesday amid news that U.S. lawmakers had secured a tentative deal on border security funding. Improved prospects for a U.S.-China trade deal also boosted equities. The Dow Jones Industrial Average rose 372.65 points to close at 25,425.76, led by Caterpillar and 3M. The S&P 500 climbed 1.3 […]

NASDAQ Composite (.IXIC) Stocks Alphabet, Netflix, Amazon Outperform

NASDAQ Composite (.IXIC) Stocks Alphabet, Netflix, Amazon Outperform

NASDAQ Composite (.IXIC) Stocks Alphabet, Netflix, Amazon Outperform Two festering wounds for the stock market showed signs of healing, sending the major indexes to gains of more than 1% Tuesday, including some key Nasdaq stocks. The Nasdaq composite climbed 1.5%, the S&P 500 1.3% and the Dow Jones Industrial Average 1.5%. Early data showed that […]

Euro: USD/EUR (EUR=X) in ongoing correction

Euro: USD/EUR (EUR=X) in ongoing correction

Euro: USD/EUR (EUR=X) in ongoing correction The price of EUR/USD continues to push lower, falling below $1.13 support and heading to the November low at $1.1215. Further declines bring $1.1118 into view. Since September, substantial rallies have met with trendline resistance, and any push back towards $1.143 could well meet the same fate. So far, no change […]

Hong Kong: HANG SENG INDEX (.HSI) investors had recoiled from making further big bets ahead of news from US-China trade negotiations in Beijing later this week

Hong Kong: HANG SENG INDEX (.HSI) investors had recoiled from making further big bets ahead of news from US-China trade negotiations in Beijing later this week

Hong Kong: HANG SENG INDEX (.HSI) investors had recoiled from making further big bets ahead of news from US-China trade negotiations in Beijing later this week China’s benchmark stock indexes were trading flat on Tuesday morning after starting the Lunar New Year strong on Monday, while Hong Kong shares opened lower. Traders said that after […]

British Pound: USD/GBP (GBP=X) still on the back foot

British Pound: USD/GBP (GBP=X) still on the back foot

British Pound: USD/GBP (GBP=X) still on the back foot If GBP/USD has turned a corner longer term, it needs to start thinking about creating a higher low, preferably above $1.26. For now, the downtrend from last April seems to have turned into a consolidation phase over the past few months, with rallies towards $1.32 followed by retracements […]

Gold 1 OZ (XAU=X) 2.5-month-old price uptrend is still in place

Gold 1 OZ (XAU=X) 2.5-month-old price uptrend is still in place

Gold 1 OZ (XAU=X) 2.5-month-old price uptrend is still in place Technically, April gold futures prices closed nearer the session high low today. The bulls still have the overall near-term technical advantage. A 2.5-month-old price uptrend is still in place on the daily bar chart. Gold bulls’ next upside near-term price breakout objective is to […]

Australian Dollar: USD/AUD (AUD=X) rises after U.S. shutdown averted, White House talks Xi meeting

Australian Dollar: USD/AUD (AUD=X) rises after U.S. shutdown averted, White House talks Xi meeting

Australian Dollar: USD/AUD (AUD=X) rises after U.S. shutdown averted, White House talks Xi meeting The Australian Dollar rose Tuesday as investors cheered an agreement struck overnight in Washington that will avert a second 2019 government shutdown, which has buoyed so-called risk assets including the Antipodean currency. President Donald Trump has secured partial funding for his proposed […]

Singapore: STI Index (.STI) retail sales slump 6.0% in December

Singapore: STI Index (.STI) retail sales slump 6.0% in December

Singapore: STI Index (.STI) retail sales slump 6.0% in December Retail sales in Singapore fell by 6.0% on a year-on-year basis in December, worsening from the 2.4% decline in the previous month as sales from all segments in the index including motor vehicle sales and computer and telecommunications equipment fell except for medical goods and […]

Silver 1 OZ 999 NY (XAG=X) Prices Pressured By Strong USDX

Silver 1 OZ 999 NY (XAG=X) Prices Pressured By Strong USDX

Silver 1 OZ 999 NY (XAG=X) Prices Pressured By Strong USDX Gold and silver prices are moderately lower in early-afternoon U.S. trading Monday. A higher U.S. dollar index early this week that hit a seven-week high today is a bearish “outside market” force working against the precious metals markets. April gold futures were last down $7.60 an ounce at $1,310.90. March Comex silver was […]

Australia: S&P/ASX 200 (.AXJO) mixed earnings results

Australia: S&P/ASX 200 (.AXJO) mixed earnings results

Australia: S&P/ASX 200 (.AXJO) mixed earnings results It has been a positive day of trade for the Australian share market, with the local bourse snapping its two-day losing streak. Most of the sectors traded higher today with Energy, Utilities, Healthcare and Telcos leading the charge. The XJO was higher earlier in the session but selling […]

Shanghai: SSE Composite Index (.SSEC) investors sentiment remained bullish

Shanghai: SSE Composite Index (.SSEC) investors sentiment remained bullish

Shanghai: SSE Composite Index (.SSEC) investors sentiment remained bullish China’s stock indices ended higher for a fourth trading day on Tuesday as investors sentiment remained bullish. The benchmark Shanghai Composite Index closed up 0.68 percent at 2,671.89 points. The Shenzhen Component Index ended 1.15 percent higher at 8,010.07 points. MSCI, one of the world’s largest […]

Japanese Yen: USD/JPY (JPY=X) pushes higher again

Japanese Yen: USD/JPY (JPY=X) pushes higher again

Japanese Yen: USD/JPY (JPY=X) pushes higher again The USD/JPY recovery goes on here, with the price moving back above the 50-day simple moving average (SMA) for the first time since mid-December. Further gains target ¥111.52. Last week saw the price stabilise around ¥109.80, and then break higher. A pullback towards ¥110.00 might provide another buying opportunity. Overall, […]

Bitcoin: USD/BTC (BTC=X) isn’t quite in a bull market yet

Bitcoin: USD/BTC (BTC=X)  isn’t quite in a bull market yet

Bitcoin: USD/BTC (BTC=X) isn’t quite in a bull market yet Following the crypto market’s quiet weekend trading session, most cryptocurrencies have continued to trade flat, and have thus far maintained nearly all of their recent price gains that were incurred during Friday’s market surge. Bitcoin (BTC) has found stability in the mid-$3,600 region and appears […]

NASDAQ Composite (.IXIC) struggling for direction

NASDAQ Composite (.IXIC) struggling for direction

NASDAQ Composite (.IXIC) struggling for direction Wall Street struggled for direction on Monday, with investors taking a pause as the United States and China began their latest trade negotiations and U.S. lawmakers tried to reach a deal on border funding. The market started on a strong note over the trade talks after China’s upbeat tone, […]

Dow Jones Industrial Average (.DJI) falls as investors eye progress in this week’s renewed U.S.-China trade talks

Dow Jones Industrial Average (.DJI) falls as investors eye progress in this week’s renewed U.S.-China trade talks

Dow Jones Industrial Average (.DJI) falls as investors eye progress in this week’s renewed U.S.-China trade talks Stocks were mixed on Monday, Feb. 11, as investors eyed progress in this week’s renewed U.S.-China trade talks. U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer arrived in Beijing for trade talks Sunday that will focus […]

Amazon.com, Inc. (NASDAQ:AMZN) acquiring home Wi-Fi start-up Eero

Amazon.com, Inc. (NASDAQ:AMZN) acquiring home Wi-Fi start-up Eero

Amazon.com, Inc. (NASDAQ:AMZN) acquiring home Wi-Fi start-up Eero Amazon said on Monday that it’s acquiring Eero, a developer of internet routers that can be easily connected in the home. Terms of the deal weren’t disclosed. It’s Amazon’s latest push into the smart home, following the acquisition of video doorbell maker Ring last year for $1 billion. Amazon’s […]

Facebook, Inc. (NASDAQ:FB) blew out earnings, but what can it do to keep growth going?

Facebook, Inc. (NASDAQ:FB) blew out earnings, but what can it do to keep growth going?

Facebook, Inc. (NASDAQ:FB) blew out earnings, but what can it do to keep growth going? Back in December, I wrote a piece that pained me to write. I suggested you get back into Facebook (NASDAQ:FB). It pained me because — among the cognoscenti and tech experts around which I work — Facebook is about as […]

United States Oil (USO) prices logged their lowest finish in two weeks

United States Oil (USO) prices logged their lowest finish in two weeks

United States Oil (USO) prices logged their lowest finish in two weeks Benchmark U.S. oil prices logged their lowest finish in two weeks on Monday, weighed down by worries about energy demand and a stronger dollar. Prices, however, finished off the session’s worst levels. John Caruso, senior market strategist at RJO Futures, said the market […]

Apple Inc. (NASDAQ:AAPL) Weak Demand in China for iPhones

Apple Inc. (NASDAQ:AAPL) Weak Demand in China for iPhones

Apple Inc. (NASDAQ:AAPL) Weak Demand in China for iPhones Apple Inc. was little changed on Monday as investors looked past a report its smartphone shipments plummeted in China in the final quarter of 2018, suggesting that issue, a major headwind over the past several months, is priced into the stock for now. The stock briefly dipped as […]

Alphabet Inc. (NASDAQ:GOOG) Pixel 4 could have support for dual SIM cards

Alphabet Inc. (NASDAQ:GOOG) Pixel 4 could have support for dual SIM cards

Alphabet Inc. (NASDAQ:GOOG) Pixel 4 could have support for dual SIM cards The Google Pixel 3 may have only been released a few months ago, but already rumors are starting to emerge regarding the Google Pixel 4. There are plenty of things we expect from the Pixel 4, like that it will most likely have a different […]

Hong Kong: HANG SENG INDEX (.HSI) market is hoping US-China trade talks will at least yield an extension of March 1 deadline

Hong Kong: HANG SENG INDEX (.HSI) market is hoping US-China trade talks will at least yield an extension of March 1 deadline

Hong Kong: HANG SENG INDEX (.HSI) market is hoping US-China trade talks will at least yield an extension of March 1 deadline A 7.6 per cent year-on-year increase in domestic tourism during the Lunar New Year holiday failed to boost stocks on the first day of trading in the Year of the Pig in mainland […]

Singapore: STI Index (.STI) traders watching for developments of next round of US-China talks

Singapore: STI Index (.STI) traders watching for developments of next round of US-China talks

Singapore: STI Index (.STI) traders watching for developments of next round of US-China talks Asian stocks were mixed on Monday as traders watched for developments on a fresh round of trade talks with the United States this week in Beijing. Markets in China and Taiwan, reopening after a weeklong Lunar New Year break, edged higher […]

Gold 1 OZ (XAU=X) will continue to shine amid a weak dollar

Gold 1 OZ (XAU=X) will continue to shine amid a weak dollar

Gold 1 OZ (XAU=X) will continue to shine amid a weak dollar Gold prices held steady on Monday, supported by uncertainties around Sino-U.S. trade war and concerns of slowing global economic growth, while a strong dollar weighed on the precious metal. Spot gold was steady at $1,313 per ounce at 0059 GMT. U.S. gold futures were […]

British Pound: USD/GBP (GBP=X) drifts lower within more uncertain period

British Pound: USD/GBP (GBP=X) drifts lower within more uncertain period

British Pound: USD/GBP (GBP=X) drifts lower within more uncertain period GBP/USD managed to rally through the $1.2979 resistance level on Thursday, with that short-term higher high pointing towards the possibility of further upside to come. However, with the price drifting lower, we are moving closer to the $1.2854 level which would denote a bearish continuation move. […]

Japanese Yen: USD/JPY (JPY=X) Little Guidance from Global Equity Markets

Japanese Yen: USD/JPY (JPY=X) Little Guidance from Global Equity Markets

Japanese Yen: USD/JPY (JPY=X) Little Guidance from Global Equity Markets The major equity indexes in Asia are trading mixed on Monday with investors watching out for developments on the U.S.-China trade situation. Negotiators are set to go back to the table later after taking the week off due to the Lunar New Year holidays. Last […]

Australian Dollar: USD/AUD (AUD=X) remains pressured following a dovish shift from the RBA last week

Australian Dollar: USD/AUD (AUD=X) remains pressured following a dovish shift from the RBA last week

Australian Dollar: USD/AUD (AUD=X) remains pressured following a dovish shift from the RBA last week The Australian dollar remains pressured following the Reserve Bank of Australia’s (RBA) dovish shift last week. After starting the week at .7250, the AUD/USD ended it at .7088, representing a decline of 2.2%. It was the largest weekly decline in […]

Shanghai: SSE Composite Index (.SSEC) boosted by consumer stocks

Shanghai: SSE Composite Index (.SSEC) boosted by consumer stocks

Shanghai: SSE Composite Index (.SSEC) boosted by consumer stocks Better earnings reported by luxury brands boosted sentiment in the Hong Kong and China stock markets on Monday, with all mainland Chinese gauges finishing higher on the first trading day of the Year of the Pig. The benchmark Shanghai Composite Index had traded flat during most […]

Australia: S&P/ASX 200 (.AXJO) poised for a big week of earnings

Australia: S&P/ASX 200 (.AXJO) poised for a big week of earnings

Australia: S&P/ASX 200 (.AXJO) poised for a big week of earnings Investors are poised for a big week of earnings, with a number of the local sharemarket’s most shorted stocks set to report their results this week. JB Hi-Fi, Super Retail Group, IOOF Holdings, Amcor, Bendigo & Adelaide Bank and AMP will all report earnings […]

Racist South Africa Nears Collapse

Racist South Africa Nears Collapse

After scaring off foreign investors with Racist policies against the White population, South Africa is now struggling to survive. South Africa on Monday has had to resort to its most severe electricity rationing in nearly five years, presenting President Cyril Ramaphosa with a major political challenge just months ahead of the May general election. The […]

Alibaba Group Holding Limited (NYSE:BABA) core commerce business

Alibaba Group Holding Limited (NYSE:BABA) core commerce business

Alibaba Group Holding Limited (NYSE:BABA) core commerce business It will come as no surprise that the majority of Alibaba’s money comes from its core commerce segment. In fact, its cluster of commerce businesses made up 88% of its revenue for the most recent period. For the three months ended in December, revenue from core commerce increased […]

NASDAQ Composite (.IXIC) positive corporate results offset lingering scepticism over the United States and China reaching a trade deal

NASDAQ Composite (.IXIC) positive corporate results offset lingering scepticism over the United States and China reaching a trade deal

NASDAQ Composite (.IXIC) positive corporate results offset lingering scepticism over the United States and China reaching a trade deal The benchmark S&P 500 index and the Nasdaq edged upward to snap a two-day losing streak on Friday as positive corporate results offset lingering scepticism over the United States and China reaching a trade deal before […]

Activision Blizzard, Inc. (NASDAQ:ATVI) layoffs are expected in the coming days

Activision Blizzard, Inc. (NASDAQ:ATVI) layoffs are expected in the coming days

Activision Blizzard, Inc. (NASDAQ:ATVI) layoffs are expected in the coming days It has been a rather troubling year for Blizzard fans all-told. That is, based on the reports about what has been going on behind the scenes. From the departure of longtime CEO Mike Morhaime to the scaling back of Heroes of the Storm to […]

Bitcoin: USD/BTC (BTC=X) May Soon Surge to $5,000

Bitcoin: USD/BTC (BTC=X) May Soon Surge to $5,000

Bitcoin: USD/BTC (BTC=X) May Soon Surge to $5,000 Following the positive volatility the markets experienced on Friday, Bitcoin (BTC) has been able to find stability in the $3,600 region, signaling that bulls are not ready to surrender the cryptocurrency’s recent price gains. Now, one analyst is claiming that Bitcoin may surge as high as $5,000 […]

United States Oil (USO) energy firms last week increased the number of oil rigs operating for the second time in three weeks

United States Oil (USO) energy firms last week increased the number of oil rigs operating for the second time in three weeks

United States Oil (USO) energy firms last week increased the number of oil rigs operating for the second time in three weeks Oil prices fell by around 1 percent on Monday as drilling activity in the United States, the world’s largest oil producer, picked up and financial markets were pulled down by trade concerns. In […]

Facebook, Inc. (NASDAQ:FB) made anywhere between $5 billion and $7 billion from Chinese advertisers

Facebook, Inc. (NASDAQ:FB) made anywhere between $5 billion and $7 billion from Chinese advertisers

Facebook, Inc. (NASDAQ:FB) made anywhere between $5 billion and $7 billion from Chinese advertisers In what can only be further evidence of the global reach of Facebook, reports show that the social media platform earned $5 billion in revenue from China. Yet Facebook has been prohibited in China since 2009. FACEBOOK’S FIFTH LARGEST MARKET, SURPRISINGLY, […]

Dow Jones Industrial Average (.DJI) earnings season winds down

Dow Jones Industrial Average (.DJI) earnings season winds down

Dow Jones Industrial Average (.DJI) earnings season winds down The Dow Jones Industrial Average and its counterpart in that of the S&P 500 will take their cues largely from non-scheduled data next week. As earnings season winds down, sentiment and price action will turn once again to the larger overarching themes that equities have faced for months. Trade wars remain […]

Apple Inc. (NASDAQ:AAPL) iPhone business is experiencing some turbulence

Apple Inc. (NASDAQ:AAPL) iPhone business is experiencing some turbulence

Apple Inc. (NASDAQ:AAPL) iPhone business is experiencing some turbulence Apple‘s (NASDAQ:AAPL) iPhone business is experiencing some turbulence from a number of factors, including lengthening smartphone upgrade cycles, trade tensions between the U.S. and China, and the company’s temporary low-cost iPhone battery-replacement program.  Now, according to a new report from Bloomberg, Apple has apparently “asked retail employees to promote new […]

Why cancel Netflix, Inc. (NASDAQ:NFLX)?

Why cancel Netflix, Inc. (NASDAQ:NFLX)?

Why cancel Netflix, Inc. (NASDAQ:NFLX)? The streaming leader does not require a subscription. You can sign up for a month, watch a whole bunch of shows, and then leave. The company’s steady subscriber growth suggests that’s not happening in any major numbers, but that doesn’t mean you can’t make it work for you. Whether you […]

Trump Continues Success in North Korea

Trump Continues Success in North Korea

The United States and North Korea plan to hold a new round of talks in a third Asian nation next week to prepare for the second summit of their leaders, South Korea’s presidential office said Sunday. President Moon Jae-in and U.S. President Donald Trump also plan to hold discussions soon about Trump’s upcoming meeting with […]

US China Trade Talks to Shape Market

US China Trade Talks to Shape Market

US negotiators were in Beijing on Monday for another round of talks on a trade deal with the clock ticking towards a March 1 deadline set by President Donald Trump. Preliminary discussions by lower-level officials were to be held, before US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin step in for the main […]

Is the IMF Sidestepping US Policy on Pakistan

Is the IMF Sidestepping US Policy on Pakistan

Despite the USA cutting Aid to Pakistan the International Monetary Fund chief Christine Lagarde on Sunday met Prime Minister Imran Khan and assured him that IMF stands ready to support his country. The meeting took place on the sidelines of the World Government Summit in Dubai, hosted by the United Arab Emirates, both IMF and […]

Bezos Exposes Media Stand-over Tactics

Bezos Exposes Media Stand-over Tactics

There are all sorts of websites more that are more than happy to publish or host complete rubbish aimed at attacking an individual or a corporation, many times in an attempt to extort money from people. The latest move is to hack phones and threaten to publish the pics. The stunning revelation that a tabloid […]

Australia to Spend $50b on French Submarines

Australia to Spend $50b on French Submarines

Australia formally signed a $50 billion contract with France to build 12 state of the art submarines Monday, a signal of the country’s willingness to project power across the Pacific. Prime Minister Scott Morrison hailed the “very audacious plan” at a ceremony in Canberra as “part of Australia’s biggest ever peace-time investment in defence”. The […]

Australia to Target Google and Facebook to Protect Local Industry

Australia to Target Google and Facebook to Protect Local Industry

The head of Australia’s competition watchdog warned Monday that tough new regulation of tech giants like Google and Facebook was needed to protect the future of independent journalism. Rod Sims, chairman of the Australian Competition and Consumer Commission (ACCC), said the market power wielded by Google and Facebook has had a devastating impact on Australian […]

Australia: S&P/ASX 200 (.AXJO) a flat start to the week is expected

Australia: S&P/ASX 200 (.AXJO) a flat start to the week is expected

Australia: S&P/ASX 200 (.AXJO) a flat start to the week is expected The Australian market is expected to start the week flat as investors wait to see earnings results for a swathe of firms. The benchmark S&P/ASX200 index on Friday closed down 0.3 per cent at 6,071.5 points while the broader All Ordinaries eased 0.4 […]

Hong Kong: HANG SENG INDEX (.HSI) Index ETF (2833.HK) 8.60% Higher Over past 13 Weeks

Hong Kong: HANG SENG INDEX (.HSI) Index ETF (2833.HK) 8.60% Higher Over past 13 Weeks

Hong Kong: HANG SENG INDEX (.HSI) 8.60% Higher Over past 13 Weeks Shares of Hang Seng Index ETF (2833.HK) have been trending up over the past quarter, revealing solid bullish momentum for the equity, as they ran 8.60 over the past 13 weeks.  Looking more nearterm, the stock moved 1.25% for the week.  Looking slightly […]

Gold 1 OZ (XAU=X) not surprising that gold ETFs have seen four straight months of net inflows

Gold 1 OZ (XAU=X) not surprising that gold ETFs have seen four straight months of net inflows

Gold 1 OZ (XAU=X) not surprising that gold ETFs have seen four straight months of net inflows Wobbly stock prices are sending many panicked people running scared for gold, sending prices for the yellow metal soaring. Savvy investors should follow suit. The World Gold Council recently reported that investors sank $3.1 billion into gold-backed exchange-traded funds for […]

Japanese Yen: USD/JPY (JPY=X) bias remains neutral this week

Japanese Yen: USD/JPY (JPY=X) bias remains neutral this week

Japanese Yen: USD/JPY (JPY=X) bias remains neutral this week USD/JPY edged higher to 110.16 last week but turned sideway since then. Initial bias remains neutral this week first. On the upside, break of 110.16 will extend the rebound from 104.69. But we’d expect strong resistance from 61.8% retracement of 114.54 to 104.69 at 110.77 to […]

Shanghai: SSE Composite Index (.SSEC) bullish mood that was starting to build in China will be tested

Shanghai: SSE Composite Index (.SSEC) bullish mood that was starting to build in China will be tested

Shanghai: SSE Composite Index (.SSEC) bullish mood that was starting to build in China will be tested The bullish mood that was starting to build in China will be tested when markets reopen Monday as concern over the U.S. trade relationship resurfaces. For clues on how investors may react, look to Hong Kong, where Chinese […]

Euro: USD/EUR (EUR=X) Bounce looks likely, a break would be reason to turn more aggressively short

Euro: USD/EUR (EUR=X) Bounce looks likely, a break would be reason to turn more aggressively short

Euro: USD/EUR (EUR=X) Bounce looks likely, a break would be reason to turn more aggressively short Last week, the Euro furthered weakness off confluent trend-line resistance. The move from resistance already has big support in view as the trading range remains quite narrow in historical terms. Only a small handful of times has the 6-month […]

Australian Dollar: USD/AUD (AUD=X) retail sales dip

Australian Dollar: USD/AUD (AUD=X) retail sales dip

Australian Dollar: USD/AUD (AUD=X) retail sales dip The Australian dollar had its worst week since October, falling 2.2 percent. The Aussie has declined 2.5% in February, erasing most of the gains seen in January. We’ll get a look at business and consumer confidence, both of which are struggling. Here is an outlook for the highlights of this week […]

Australian Labor MPs Face Abortion Backlash

Australian Labor MPs Face Abortion Backlash

Cherish Life Queensland has announced that it will campaign strongly at next year’s federal election against Labor MPs and candidates of an abortion mindset. Ms Teeshan Johnson, executive director of Cherish Life Queensland, said: “We condemn the undertaking by federal Labor to use taxpayer money to increase ‘accessibility’ to abortion, if it wins the 2019 […]

Racist South Africa Now Desperate for Foreign Investors

Racist South Africa Now Desperate for Foreign Investors

South Africa’s government can not attract foreign investors into the key mining sector while also pledging to seize land without paying compensation. President Cyril Ramaphosa, who is pushing the Anti-White “expropriation without compensation” land reform, last week tried to quell investor fears when he spoke at an annual conference of international mining industry executives in […]

Join Trump and Stop the Democrats Killing Babies

Join Trump and Stop the Democrats Killing Babies

Family Research Council President Tony Perkins released the following statement in response to President Donald Trump’s State of the Union Address: “President Trump reached past the political divide in Congress to unify Americans around an inspiring vision of what America can be. He took the policy issues that often polarize Washington and appealed to Americans […]

Democrats Out in Force Against Babies

Democrats Out in Force Against Babies

Family Research Council is urging Members of the U.S. House of Representatives to sign onto a discharge petition introduced yesterday by House Minority Whip Steve Scalise (R-La.) and Rep. Ann Wagner (R-Mo.) that is intended to force a vote on the Born Alive Abortion Survivors Protection Act (H.R. 962). Yesterday, Congresswoman Ann Wagner (R-Mo.) re-introduced […]

The Moronic Green New Deal

The Moronic Green New Deal

The long-awaited Green New Deal was unveiled in Washington laying down a marker for 2020 and beyond. If you haven’t heard of the Green New Deal, you probably live under a rock. The highly-anticipated policy proposal, spearheaded by freshman Congresswoman Alexandria Ocasio-Cortez (NY-14) and Senator Ed Markey (MA), calls for a World War II-style or […]

Markets Look to US China Trade Deal

Markets Look to US China Trade Deal

With a March 1 deadline fast approaching, US and Chinese officials resume negotiations next week to prevent escalation of a trade dispute that has major implications for the global economy. China’s economy already has shown signs of slowing, while the trade war has shaken the confidence of US businesses, as retaliatory tariffs have raised prices […]

Trial of the Century in Malaysia as Najib Razak Faces Court

Trial of the Century in Malaysia as Najib Razak Faces Court

Malaysia’s toppled leader Najib Razak will go on trial this week over an extraordinary financial scandal that contributed to the downfall of his long-ruling coalition and reverberated around the world. The former prime minister and his cronies are accused of stealing $4.5 billion from Malaysian sovereign wealth fund 1MDB in a mind-boggling fraud that stretched […]

Inglis Classic Yearling Sale News

Inglis Classic Yearling Sale News

All is in readiness for the biggest ever Classic Yearling Sale, with the action set to begin at Riverside Stables. To view the full parade schedule, CLICK HERE. To view the Classic catalogue, CLICK HERE. Graduates of the Classic Sale continue to shine on the track. Of all Australasian yearling sales, only the Easter Yearling […]

Canada Has Money to Burn on LGBTQI

Canada Has Money to Burn on LGBTQI

Canadian taxpayers are going to spend $30m on a Global push promoting LGBTQI. Canada is stepping up as a global leader supporting LGBTQI rights with a new commitment of $30 million in dedicated funding over five years, followed by $10 million per year to advance human rights and improve socio-economic outcomes for lesbian, gay, bisexual, […]

Cryptocurrency Exchange Rating System

Cryptocurrency Exchange Rating System

Cointelligence (https://www.cointelligence.com/), a company that conducts data research and analysis for the crypto economy and creates relevant tools for investors, has announced the launch of their new cryptocurrency exchange rating system. Inspired by the success of their rating system for initial coin offerings (ICOs) and security token offerings (STOs), this new feature provides the crypto […]

Cboe Global Markets, Inc. (Cboe: CBOE) Booming

Cboe Global Markets, Inc. (Cboe: CBOE) Booming

Cboe Global Markets, Inc. (Cboe: CBOE) today reported financial results for the 2018 fourth quarter and full year. Consolidated results for the year ended December 31, 2017 include Bats Global Markets, Inc. (Bats) for the period March 1 through December 31, 2017.  Cboe completed its acquisition of Bats on February 28, 2017. “Our record results were fueled […]

FBI and CNN in Collusion on Roger Stone Arrest

FBI and CNN in Collusion on Roger Stone Arrest

A draft copy of the indictment against Trump adviser Roger Stone may have been deliberately leaked by the chief prosecutor to CNN, tipping them off to the FBI raid on the “dirty trickster’s” home last week, Stone’s lawyer says. Pointing to the lack of court filing markings on the indictment draft, as well as metadata […]

Another Big Weekend at Gulfstream Park

Another Big Weekend at Gulfstream Park

Tequilita Tops Noms for Feb. 16 Royal Delta (G3) Rainbow 6 Mandatory Payout Set for Saturday Friday’s Stronach 5 All Star Ticket (Video Link) Dorothy Alexander Matz’s Tequilita is prominent among 17 nominations for the $150,000 Royal Delta (G3) Feb. 16 at Gulfstream Park. Trainer Michael Matz saddled the 5-year-old daughter of Union Rags for […]

Dubai World Cup Carnival Update

Dubai World Cup Carnival Update

Thursday’s sixth meeting of the 2019 Dubai World Cup Carnival at Meydan Racecourse was highlighted by the Group 2 $450,000 Al Maktoum Challenge Round 2 sponsored by Al Naboodah Allied Products Division over 1900m on the dirt and boasting a purse of $450,000. Also on tap was the classic Group 3 $250,000 UAE 2000 Guineas, […]

Godolphin and Saturday’s G1 C F Orr Stakes at Caulfield

Godolphin and Saturday’s G1 C F Orr Stakes at Caulfield

Kementari, Best of Days return in G1 Orr Stakes at Caulfield by Mike Hedge at Godolphin This time last year Kementari began a campaign that led to him being hailed as one of Australia’s best three-year-old colts. Twelve months on, he remains among the top bracket, but with a need to establish his place in […]

Godolphin 2yo’s Seek Glory in Australia

Godolphin 2yo’s Seek Glory in Australia

Rich two-year-old opportunities on offer in Melbourne and Sydney by Mike Hedge at Godolphin The final opportunity to stake G1 Blue Diamond Stakes’ claims is presented to the Godolphin youngsters Auxin and Athiri at Saturday’s Caulfield meeting, while in Sydney the filly Avon River appears in the best juvenile field assembled this season. Auxin (Dwayne […]

Fastnet Rock Continues to Deliver at Coolmore Australia

Fastnet Rock Continues to Deliver at Coolmore Australia

A $1million purchase from the 2018 NZB Book One Yearling Sale, promising colt Conqueror (2c Fastnet Rock x Diademe, by Savabeel) was well fancied when making his debut at Sandown on Wednesday, but had to settle for second place behind another son of Fastnet Rock in the race favourite Game Keeper (2c Fastnet Rock x […]

Zen IPO Bangkok

Zen IPO Bangkok

ZEN Corporation Group Plc., or ZEN, has fixed its IPO price at 13 baht per share, the highest price surveyed during the book building process, following a good response from institutional investors. ZEN has appointed Kasikorn Securities as its underwriter, with SCB Securities Co., Ltd., Finansia Syrus Securities Pcl., KGI Securities (Thailand) Pcl. and KTB […]

Alphabet Inc. (NASDAQ:GOOG) struggling at the long-term 200-day line

Alphabet Inc. (NASDAQ:GOOG) struggling at the long-term 200-day line

Alphabet Inc. (NASDAQ:GOOG) struggling at the long-term 200-day line Dow Jones futures fell Thursday night, along with S&P 500 futures and Nasdaq futures. The current stock market rally has hit resistance at the 200-day line, with China trade fears slamming the Dow Jones, S&P 500 and Nasdaq on Thursday. Notably, FANG stocks Amazon (AMZN), Facebook (FB) and Google parent Alphabet (GOOGL) are […]