Hong Kong: HANG SENG INDEX (.HSI) seeing some long-term institutional buying coming back

Hong Kong: HANG SENG INDEX (.HSI) seeing some long-term institutional buying coming back

Hong Kong: HANG SENG INDEX (.HSI) seeing some long-term institutional buying coming back Hong Kong shares ended at a nine-month high on Tuesday after economic data from the world’s largest economies allayed worries about a global downturn. The Hang Seng Index added 0.2% to 29,624.67, its highest closing since June 20. Casino operators Galaxy Entertainment Group and […]

Silver 1 OZ 999 NY (XAG=X) prices press lower searching for a temporary bottom

Silver 1 OZ 999 NY (XAG=X) prices press lower searching for a temporary bottom

Silver 1 OZ 999 NY (XAG=X) prices press lower searching for a temporary bottom Gold and silver prices are near steady in early-afternoon U.S. trading Tuesday. Gold prices hit a three-week low overnight, while silver fell to a three-month low. A higher U.S. dollar index that is closing in on its for-the-move high scored in March continues to […]

British Pound: USD/GBP (GBP=X) below Consensus PMI number weakened the pair further

British Pound: USD/GBP (GBP=X) below Consensus PMI number weakened the pair further

British Pound: USD/GBP (GBP=X) below Consensus PMI number weakened the pair further After continuing last day’s plunge rally during the Asian trading session, the GBP/USD managed to follow a range-bound movement. The pair fluctuated between 1.1212 and 1.1191 levels. Street Analysts expect the cable to remain in consolidation mode as the day approaches closing time. The Cable […]

Japanese Yen: USD/JPY (JPY=X) significant resistance that extends all the way up to the ¥112 level

Japanese Yen: USD/JPY (JPY=X) significant resistance that extends all the way up to the ¥112 level

Japanese Yen: USD/JPY (JPY=X) significant resistance that extends all the way up to the ¥112 level The US dollar has reached towards the ¥111.50 level, which is the beginning of significant resistance that extends all the way up to the ¥112 level. Once we break above there, then the market is very likely to take […]

Euro: USD/EUR (EUR=X) Factories in the euro zone had their worst month for almost six years

Euro: USD/EUR (EUR=X) Factories in the euro zone had their worst month for almost six years

Euro: USD/EUR (EUR=X) Factories in the euro zone had their worst month for almost six years EUR/USD attempts to retrace the decline from earlier this week as the U.S. Durable Goods Orders report does little to heighten the appeal of the greenback, and the failed attempt to test the 2019-low (1.1176) may spur a rebound in […]

Australia: S&P/ASX 200 (.AXJO) rallied on the back of positive data from the world’s two largest economies

Australia: S&P/ASX 200 (.AXJO) rallied on the back of positive data from the world’s two largest economies

Australia: S&P/ASX 200 (.AXJO) rallied on the back of positive data from the world’s two largest economies Australian shares have moved higher for a sixth straight day, as markets around the world rallied on the back of positive data from the world’s two largest economies. The benchmark S&P/ASX200 index ended up 25.4 points, or 0.41 […]

Singapore: STI Index (.STI) shares continue uptrend

Singapore: STI Index (.STI) shares continue uptrend

Singapore: STI Index (.STI) shares continue uptrend THE positive start to the second quarter in equity markets continued to gain steam as investors in Asia cheered healthy PMI data from China and the US, growing optimism over US-China trade talks and cheap borrowing costs. In Singapore, the Straits Times Index (STI) gained 29.27 points or […]

Gold 1 OZ (XAU=X) continues to remain at multi-day lows and is straddling a strong technical level

Gold 1 OZ (XAU=X) continues to remain at multi-day lows and is straddling a strong technical level

Gold 1 OZ (XAU=X) continues to remain at multi-day lows and is straddling a strong technical level Gold and silver prices are steady to slightly lower in early U.S. trading Tuesday. Gold prices hit a three-week low overnight. A higher U.S. dollar index that is closing in on its for-the-move high scored in March continues to squelch buying […]

Amazon.com, Inc. (NASDAQ:AMZN) Oppenheimer’s new price target of $2,085

Amazon.com, Inc. (NASDAQ:AMZN) Oppenheimer’s new price target of $2,085

Amazon.com, Inc. (NASDAQ:AMZN) Oppenheimer’s new price target of $2,085 Shares of Amazon (AMZN – Get Report) are outpacing the impressive gains in both the Nasdaq and the S&P 500 on Monday, as shares are up 1.5% to $1,808 after the company received a price target boost from the analysts at Oppenheimer. The analysts increased their […]

NASDAQ Composite (.IXIC) recouped the losses incurred in the final months of 2018

NASDAQ Composite (.IXIC) recouped the losses incurred in the final months of 2018

NASDAQ Composite (.IXIC) recouped the losses incurred in the final months of 2018 Wall Street posted its strongest quarterly rise in a decade, with the broader S&P 500 index rising 13.1%, marking its best start to a year since 1998. The index also successfully notched its biggest one-quarter gain since the end of the Great […]

Dow Jones Industrial Average (.DJI) Surges On China News

Dow Jones Industrial Average (.DJI) Surges On China News

Dow Jones Industrial Average (.DJI) Surges On China News Retail sales unexpectedly dipped 0.2% in February, the Commerce Department reported Monday. Outside of autos, retail sales fell 0.4%. The softer-than-expected data continued to muddy the picture of the consumer, despite the strong job market. But timing shifts in government tax refunds and SNAP payments suggest […]

Apple Inc. (NASDAQ:AAPL) Q2 Earnings, iPhone Sales & Services Growth

Apple Inc. (NASDAQ:AAPL) Q2 Earnings, iPhone Sales & Services Growth

Apple Inc. (NASDAQ:AAPL) Q2 Earnings, iPhone Sales & Services Growth Shares of Apple AAPL have climbed over 20% this year, along with FAANG peers Netflix NFLX and Facebook FB , to outpace the S&P 500’s 13% jump. Apple and CEO Tim Cook hope that new Services like Apple TV+ will propel long-term growth for the tech titan. But despite its new […]

Microsoft Corporation (NASDAQ:MSFT) has been a pioneer among technology giants in offering Blockchain as a Service (BaaS) on its cloud platform, Azure

Microsoft Corporation (NASDAQ:MSFT) has been a pioneer among technology giants in offering Blockchain as a Service (BaaS) on its cloud platform, Azure

Microsoft Corporation (NASDAQ:MSFT) has been a pioneer among technology giants in offering Blockchain as a Service (BaaS) on its cloud platform, Azure Microsoft Corporation (MSFT) has been a pioneer among technology giants in offering Blockchain as a Service (BaaS) on its cloud platform, Azure. The company embarked on its blockchain journey in November 2015 with its announcement […]

Bitcoin: USD/BTC (BTC=X) accelerating higher above the $140.0B resistance level

Bitcoin: USD/BTC (BTC=X) accelerating higher above the $140.0B resistance level

Bitcoin: USD/BTC (BTC=X) accelerating higher above the $140.0B resistance level Bitcoin cash price found support near the $162 level and later bounced back above the $165 level against the US dollar. The BCH/USD pair is currently trading nicely above the $168 level and it is likely to climb above the $170 resistance level in the […]

Alibaba Group Holding Limited (NYSE:BABA) stock is breaking out based on the technical chart

Alibaba Group Holding Limited (NYSE:BABA) stock is breaking out based on the technical chart

Alibaba Group Holding Limited (NYSE:BABA) stock is breaking out based on the technical chart Alibaba (BABA) has had a hot start to 2019 with the shares rising by more than 36%. Even better is that the technical chart and options market suggests that the stock may continue to increase in the coming months, to perhaps […]

Tesla, Inc. (NASDAQ:TSLA) will report first quarter sales and production today

Tesla, Inc. (NASDAQ:TSLA) will report first quarter sales and production today

Tesla, Inc. (NASDAQ:TSLA) will report first quarter sales and production today Tesla is probably about to report the largest drop in auto sales in the company’s history.That’s not a shock —Tesla faced some special circumstances last quarter. But it’s still a concern: Tesla needs to keep its sales pace high to pay down its sizable […]

Take advantage of the technical U-turn in Netflix, Inc. (NASDAQ:NFLX) stock and shift gears with a bearish bet today

Take advantage of the technical U-turn in Netflix, Inc. (NASDAQ:NFLX) stock and shift gears with a bearish bet today

Take advantage of the technical U-turn in Netflix, Inc. (NASDAQ:NFLX) stock and shift gears with a bearish bet today Sometimes the market plays like a version of Fast & Furious. But rather than get mad, investors should focus on making profits and leave the ego in the rear view mirror. And right now, the Netflix […]

Facebook, Inc. (NASDAQ:FB) well-positioned to maintain its earnings-beat streak in its upcoming report?

Facebook, Inc. (NASDAQ:FB) well-positioned to maintain its earnings-beat streak in its upcoming report?

Facebook, Inc. (NASDAQ:FB) well-positioned to maintain its earnings-beat streak in its upcoming report? Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Facebook (FB), which belongs to the Zacks Internet – Services industry. This social media company has seen a […]

United States Oil (USO) rose supported by firm Chinese economic data that eased demand concerns

United States Oil (USO) rose supported by firm Chinese economic data that eased demand concerns

United States Oil (USO) rose supported by firm Chinese economic data that eased demand concerns Oil prices rose to fresh 2019 highs on Tuesday, supported by firm Chinese economic data that eased demand concerns, the possibility of more sanctions on Iran and further Venezuelan supply disruptions. Brent crude rose 32 cents, or 0.5 percent, to […]

Keppel Corporation HEFFX Highlights

Keppel Corporation HEFFX Highlights

Keppel Corporation Limited is an investment holding and management company. The Company, through its subsidiaries, is engaged in offshore oil-rig construction, shipbuilding, and ship repair and conversion; environmental engineering, power generation, logistics and data centers; property development and investment, and property fund management, and investments. The Company operates in four segments: Offshore & Marine, Infrastructure, […]

Singapore Airlines Ltd. HEFFX Highlights

Singapore Airlines Ltd. HEFFX Highlights

Singapore Airlines Limited is engaged in passenger and cargo air transportation, engineering services, training of pilots, air charters and tour wholesaling and related activities. The Company’s segments include airline operations, engineering services, cargo operations and Others. The airline operations segment provides passenger air transportation. The engineering services segment is in the business of providing airframe […]

Hong Kong: HANG SENG INDEX (.HSI) surged following data released over the weekend that showed economic activity in China unexpectedly bouncing back in March

Hong Kong: HANG SENG INDEX (.HSI) surged following data released over the weekend that showed economic activity in China unexpectedly bouncing back in March

Hong Kong: HANG SENG INDEX (.HSI) surged following data released over the weekend that showed economic activity in China unexpectedly bouncing back in March Major markets in Asia surged on Monday following data released over the weekend that showed economic activity in China unexpectedly bouncing back in March. Mainland Chinese shares soared on the day, […]

New Zealand Dollar: NZD/USD (NZD=X) still trading within the 2019 consolidation range

New Zealand Dollar: NZD/USD (NZD=X)  still trading within the 2019 consolidation range

New Zealand Dollar: NZD/USD (NZD=X) still trading within the 2019 consolidation range Kiwi rebounded off slope support last week with price still trading within the 2019 consolidation range. Key support at last week’s low – resistance at 6837 backed by 6870/76. A break / close lower would exposes the 200DMA at 6735 and 6722. Overall, the bias in prices is: […]

Australian Dollar: USD/AUD (AUD=X) massive amount of support below at the 0.70 level

Australian Dollar: USD/AUD (AUD=X) massive amount of support below at the 0.70 level

Australian Dollar: USD/AUD (AUD=X) massive amount of support below at the 0.70 level The Australian dollar gapped higher at the open on Monday, breaking above the 50 day EMA in the process. Over the longer-term, we continue to see buyers in this market on short-term pullbacks, as there is a massive amount of support below at […]

British Pound: USD/GBP (GBP=X) continues to be very difficult to follow

British Pound: USD/GBP (GBP=X) continues to be very difficult to follow

British Pound: USD/GBP (GBP=X) continues to be very difficult to follow The British pound rallied significantly during the trading session on Monday, testing the highs from the Friday candle rather early during the day as we continue to see a lot of consolidation in a market that of course has been very noisy. After all, we […]

Silver 1 OZ 999 NY (XAG=X) solid technical resistance of $15.65

Silver 1 OZ 999 NY (XAG=X) solid technical resistance of $15.65

Silver 1 OZ 999 NY (XAG=X) solid technical resistance of $15.65 May silver futures bulls and bears are on a level overall near-term technical playing field. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at the March high of $15.65 an ounce. The next downside price breakout objective for […]

Shanghai: SSE Composite Index (.SSEC) overall market sentiment has not yet reached an overheated level

Shanghai: SSE Composite Index (.SSEC) overall market sentiment has not yet reached an overheated level

Shanghai: SSE Composite Index (.SSEC) overall market sentiment has not yet reached an overheated level China’s brokerages are sounding the alarm about the nation’s supercharged stocks. Analysts either downgraded or issued sell ratings on 84 mainland-listed companies last month, the peak of China’s annual earnings season, according to data compiled by Bloomberg. That’s the highest […]

Australia: S&P/ASX 200 (.AXJO) shares advanced as solid economic data from China temporarily allayed fears of a global economic slowdown

Australia: S&P/ASX 200 (.AXJO) shares advanced  as solid economic data from China temporarily allayed fears of a global economic slowdown

Australia: S&P/ASX 200 (.AXJO) shares advanced as solid economic data from China temporarily allayed fears of a global economic slowdown Overall, the bias in prices is: Upwards. The projected upper bound is: 6,317.44. The projected lower bound is: 6,130.05. The projected closing price is: 6,223.75. Candlesticks A white body occurred (because prices closed higher than […]

Gold 1 OZ (XAU=X) solid resistance of $1,330.80

Gold 1 OZ (XAU=X) solid resistance of $1,330.80

Gold 1 OZ (XAU=X) solid resistance of $1,330.80 Technically, the gold bulls still have the overall near-term technical advantage but have faded badly and need to show fresh power soon to avoid more serious chart damage. Bulls’ next upside price objective is to produce a close in June futures above solid resistance at the March […]

Canadian Dollar: USD/CAD (CAD=X) Bank of Canada Governor Poloz Speech

Canadian Dollar: USD/CAD (CAD=X) Bank of Canada Governor Poloz Speech

Canadian Dollar: USD/CAD (CAD=X) Bank of Canada Governor Poloz Speech The market will be closely watching the Bank of Canada Governor Stephen Poloz’s comments regarding his market expectations. His view may help the market participants to predict the possible interest-rate movements. Canada has joined the US with regards to having an Inverted Yield Curve on 21 March. […]

Singapore: STI Index (.STI) shares gain 1.2% on upbeat China data

Singapore: STI Index (.STI) shares gain 1.2% on upbeat China data

Singapore: STI Index (.STI) shares gain 1.2% on upbeat China data There was much to cheer on Monday as markets in Asia kicked off the second quarter in positive territory, on the back of both official and private Chinese purchasing managers’ index figures for March beating expectations, and positive sentiment emanating from US-China trade talks. […]

Japanese Yen: USD/JPY (JPY=X) Heffx Technical Analysis

Japanese Yen: USD/JPY (JPY=X) Heffx Technical Analysis

Japanese Yen: USD/JPY (JPY=X) Heffx Technical Analysis The US dollar has gapped higher to kick off the trading session on Monday but has turned right back around to fill that gap already. With that in mind, I believe that this market is going to continue to go back and forth and look for some type of […]

Euro: USD/EUR (EUR=X) Investors are keeping a close eye on the ebb and flow of the U.S.-China trade talks

Euro: USD/EUR (EUR=X) Investors are keeping a close eye on the ebb and flow of the U.S.-China trade talks

Euro: USD/EUR (EUR=X) Investors are keeping a close eye on the ebb and flow of the U.S.-China trade talks After a tough week, EUR/USD has started the week with slight gains. Currently, the pair is trading at 1.1235, up 0.15% on the day. On the release front, it’s a busy day. German and eurozone manufacturing […]

NASDAQ Composite (.IXIC) ended the final trading day of the first quarter on a strong note

NASDAQ Composite (.IXIC) ended the final trading day of the first quarter on a strong note

NASDAQ Composite (.IXIC) ended the final trading day of the first quarter on a strong note US stocks have ended the final trading day of the first quarter on a strong note on Friday and the S&P 500 posted its best quarterly gain since 2009, boosted by optimism over the latest round of trade talks […]

Bitcoin: USD/BTC (BTC=X) Breaks Above $4,100

Bitcoin: USD/BTC (BTC=X) Breaks Above $4,100

Bitcoin: USD/BTC (BTC=X) Breaks Above $4,100 At the time of writing, Bitcoin is trading up marginally at its current price of $4,105. Over the past couple of weeks, $4,100 has proven to be a level of resistance for BTC, and it is unclear if the crypto’s bulls will garner enough buying pressure to flip this price into […]

Dow Jones Industrial Average (.DJI) rebound has been helped by the Federal Reserve’s adoption of a more patient approach to further interest rate hikes

Dow Jones Industrial Average (.DJI) rebound has been helped by the Federal Reserve’s adoption of a more patient approach to further interest rate hikes

Dow Jones Industrial Average (.DJI) rebound has been helped by the Federal Reserve’s adoption of a more patient approach to further interest rate hikes Shares surged Monday in Asia following a bullish end to last week on Wall Street, where the benchmark S & P 500 logged its biggest quarterly gain in nearly a decade. […]

United States Oil (USO) concerns about supplies outweigh fears of a slowing global economy

United States Oil (USO) concerns about supplies outweigh fears of a slowing global economy

United States Oil (USO) concerns about supplies outweigh fears of a slowing global economy Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing global economy. U.S. West Texas Intermediate (WTI) futures […]

Apple Inc. (NASDAQ:AAPL) new gaming service will run more than 100 games across iOS, macOS, and tvOS devices

Apple Inc. (NASDAQ:AAPL) new gaming service will run more than 100 games across iOS, macOS, and tvOS devices

Apple Inc. (NASDAQ:AAPL) new gaming service will run more than 100 games across iOS, macOS, and tvOS devices Apple (NASDAQ:AAPL) recently introduced Apple Arcade, a subscription gaming service that will arrive this fall. The platform will feature a library of over 100 games, including exclusive titles from SimCity creator Will Wright and Final Fantasy creator Hironobu Sakaguchi. It will be available in […]

Facebook, Inc. (NASDAQ:FB) may come under renewed pressure

Facebook, Inc. (NASDAQ:FB) may come under renewed pressure

Facebook, Inc. (NASDAQ:FB) may come under renewed pressure Shares of social media giant Facebook (NASDAQ:FB) may come under renewed pressure next week after governments in the Asia-Pacific region announced they plan to accelerate their crackdown on practices that “weaponize” social media platforms. Yesterday, Australia said it will legislate “tough” new laws to prevent social-media platforms from being […]

Why investors should hope for Tesla, Inc. (NASDAQ:TSLA) to talk about Model 3 demand trends

Why investors should hope for Tesla, Inc. (NASDAQ:TSLA) to talk about Model 3 demand trends

Why investors should hope for Tesla, Inc. (NASDAQ:TSLA) to talk about Model 3 demand trends With Tesla (NASDAQ:TSLA) set to report its first-quarter deliveries sometime between April 1 and April 3, investors will be watching the update closely. Not only will it give investors insight into how the company’s important Model 3 production-ramp up and global expansion initiatives are faring, […]

The Boeing Company (NYSE:BA) faces perhaps one of the biggest crises in its history

The Boeing Company (NYSE:BA) faces perhaps one of the biggest crises in its history

The Boeing Company (NYSE:BA) faces perhaps one of the biggest crises in its history Boeing (NYSE:BA) faces perhaps one of the biggest crises in its history. The company had staked much of its future on the 737 Max line of aircraft. However, with two crashes in the last five months, regulators and airlines have grounded the […]

Gold 1 OZ (XAU=X) likely to be influenced by a slew of major U.S. economic data

Gold 1 OZ (XAU=X) likely to be influenced by a slew of major U.S. economic data

Gold 1 OZ (XAU=X) likely to be influenced by a slew of major U.S. economic data This week the price action in gold is likely to be influenced by a slew of major U.S. economic data including Retail Sales, ISM Manufacturing PMI and Durable Goods. However, the major market moving event this week is likely […]

Euro: USD/EUR (EUR=X) key area to watch will be 1.1185 to 1.1176

Euro: USD/EUR (EUR=X) key area to watch will be 1.1185 to 1.1176

Euro: USD/EUR (EUR=X) key area to watch will be 1.1185 to 1.1176 The Euro closed lower on Friday as it edged toward a key long-term retracement level and its March 7 main bottom. After topping on March 20, the single-currency has erased nearly all of its gains from earlier in month. For the month, the […]

Australian Dollar: USD/AUD (AUD=X) RBA will be under pressure to indicate a similar shift in monetary policy

Australian Dollar: USD/AUD (AUD=X) RBA will be under pressure to indicate a similar shift in monetary policy

Australian Dollar: USD/AUD (AUD=X) RBA will be under pressure to indicate a similar shift in monetary policy The Australian and New Zealand Dollars finished mixed last week with the Aussie clawing back from early weakness and the Kiwi closing off its lows after a dovish signal from the Reserve Bank of New Zealand (RBNZ) fueled […]

British Pound: USD/GBP (GBP=X) Brexit uncertainty and turmoil continue

British Pound: USD/GBP (GBP=X) Brexit uncertainty and turmoil continue

British Pound: USD/GBP (GBP=X) Brexit uncertainty and turmoil continue GBP/USD dropped over 1.3% last week, as Brexit uncertainty and turmoil continue. We’ll get a snapshot of the health of the British economy, with the release of PMI reports. Here is an outlook for the highlights of this week and an updated technical analysis for GBP/USD. Prime […]

Japanese Yen: USD/JPY (JPY=X) likely to be influenced by a slew of major U.S. economic data

Japanese Yen: USD/JPY (JPY=X) likely to be influenced by a slew of major U.S. economic data

Japanese Yen: USD/JPY (JPY=X) likely to be influenced by a slew of major U.S. economic data The Dollar/Yen closed higher last week as investors shrugged off predictions of a U.S. recession later in the year. Although U.S. Treasury yields tumbled to multi-year lows, the dollar lost no value against the Japanese Yen. There wasn’t even […]

Australia: S&P/ASX 200 (.AXJO) Investors are questioning whether markets can move higher

Australia: S&P/ASX 200 (.AXJO) Investors are questioning whether markets can move higher

Australia: S&P/ASX 200 (.AXJO) Investors are questioning whether markets can move higher A dovish turn from the world’s central banks helped stockmarkets to huge gains in the first quarter of the year and the Australian market is set to extend that advance at the start of a week where the federal budget will take centre stage. Futures […]

Alphabet Inc. (NASDAQ:GOOG) earnings are a concern

Alphabet Inc. (NASDAQ:GOOG) earnings are a concern

Alphabet Inc. (NASDAQ:GOOG) earnings are a concern Google stock slid 0.5% to 1,172.27, falling for a fifth straight session. The FANG stock now has a 1,236.53 entry in an eight-month saucer-with-handle base. That handle buy point is not far from the Google stock peak of 1,291.44 set July 27. Google earnings are a concern, though not as […]

Facebook, Inc. (NASDAQ:FB) charged by the U.S. Department of Housing and Urban Development with violating the Fair Housing Act

Facebook, Inc. (NASDAQ:FB) charged by the U.S. Department of Housing and Urban Development with violating the Fair Housing Act

Facebook, Inc. (NASDAQ:FB) charged by the U.S. Department of Housing and Urban Development with violating the Fair Housing Act Shares of Facebook Inc. FB, -0.19% fell 0.9% in premarket trade Thursday, after the social media giant was charged by the U.S. Department of Housing and Urban Development with violating the Fair Housing Act, by “encouraging, […]

Tianci International, Inc. (OTC:CIIT) Heffx Outlook

Tianci International, Inc. (OTC:CIIT) Heffx Outlook

Tianci International, Inc. (OTC:CIIT) Heffx Outlook Target $8 Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 7.81. The projected lower bound is: 0.69. The projected closing price is: 1.75. Candlesticks During the past 10 bars, there have been 3 white candles […]

Warren Buffett skeptical of Apple Inc. (NASDAQ:AAPL) recent push into streaming video content

Warren Buffett skeptical of Apple Inc. (NASDAQ:AAPL)  recent push into streaming video content

Warren Buffett skeptical of Apple Inc. (NASDAQ:AAPL) recent push into streaming video content Berkshire Hathaway Chairman Warren Buffett sounded skeptical of Apple’s recent push into the streaming TV business during a talk Thursday at The Gatehouse’s Hands Up for Success luncheon. “I’d love to see them succeed, but that’s a company that can afford a […]

United States Oil (USO) demand concerns on the back of economic jitters linked to the U.S.-Chinese trade war have capped prices

United States Oil (USO) demand concerns on the back of economic jitters linked to the U.S.-Chinese trade war have capped prices

United States Oil (USO) demand concerns on the back of economic jitters linked to the U.S.-Chinese trade war have capped prices Oil prices settled roughly flat on Thursday, recovering from the day’s worst losses that came shortly after U.S. President Donald Trump called for OPEC to boost crude production to lower prices. “Very important that […]

Alibaba Group Holding Limited (NYSE:BABA) is providing roughly $171 million to Qutoutiao (NASDAQ: QTT)

Alibaba Group Holding Limited (NYSE:BABA) is providing roughly $171 million to Qutoutiao (NASDAQ: QTT)

Alibaba Group Holding Limited (NYSE:BABA) is providing roughly $171 million to Qutoutiao (NASDAQ:QTT) One of China’s more obscure but fastest growing companies is getting some financial help from a dot-com giant. Alibaba Group (NYSE: BABA) is providing roughly $171 million to Qutoutiao (NASDAQ: QTT) in the form of a convertible loan. The transaction is convertible […]

Bitcoin: USD/BTC (BTC=X) Bulls continue to face exhaustion above $4,000

Bitcoin: USD/BTC (BTC=X) Bulls continue to face exhaustion above $4,000

Bitcoin: USD/BTC (BTC=X) Bulls continue to face exhaustion above $4,000 The current market scenario doesn’t vary much from my analysis yesterday. Cryptocurrency market is currently in a phase where both bulls and bears wage war for control of price action. But neither bulls nor bears seem to possess the strength required to form a breakout […]

NASDAQ Composite (.IXIC) yields moved higher on Thursday after prolonged slides

NASDAQ Composite (.IXIC) yields moved higher on Thursday after prolonged slides

NASDAQ Composite (.IXIC) yields moved higher on Thursday after prolonged slides Benchmark U.S. and European bond yields moved higher on Thursday after prolonged slides, while gains on Wall Street countered declines in other world stock markets as investors eyed U.S.-China trade talks and economic growth. While the U.S. dollar firmed against a basket of key […]

Tesla, Inc. (NASDAQ:TSLA) first-quarter delivery numbers could work as ‘de-risking event’

Tesla, Inc. (NASDAQ:TSLA) first-quarter delivery numbers could work as ‘de-risking event’

Tesla, Inc. (NASDAQ:TSLA) first-quarter delivery numbers could work as ‘de-risking event’ Tesla Inc. first-quarter deliveries may come in below expectations, but the bearish news likely is already accounted for in the stock price and the announcement could work as a “de-risking event.” That’s from analysts at Baird, known bulls on Tesla TSLA, +1.38% which has been hit lately […]

Dow Jones Industrial Average (.DJI) Scrambles to Salvage Volatile Trading Session

Dow Jones Industrial Average (.DJI) Scrambles to Salvage Volatile Trading Session

Dow Jones Industrial Average (.DJI) Scrambles to Salvage Volatile Trading Session The Dow Jones Industrial Average recovered from a tepid pre-market session to surge more than 100 points shortly after the opening bell, but the index began to slide just minutes later. By early afternoon, it had fallen back into the red, after which it […]

GSS Energy Ltd HEFFX Highlights

GSS Energy Ltd HEFFX Highlights

GSS Energy Limited is a Singapore-based investment holding company. The Company operates through three segments: Mechanisms division, Microshafts division and Oil extraction. The Mechanisms division provides production technology to multi-national manufacturers in the field of home and car audio entertainment, communication, computer and office automation industries and medical industries. The Microsafts division focuses on the […]

Singapore Technologies Engineering Ltd HEFFX Highlights

Singapore Technologies Engineering Ltd HEFFX Highlights

Singapore Technologies Engineering Ltd is an investment holding company. The Company is engaged in the provision of engineering and related services. It operates in four segments: Aerospace, which provides a range of maintenance and engineering services that include airframe, repair and overhaul, engine and component maintenance, and engineering design and technical services; Electronics, which specializes […]

British Pound: USD/GBP (GBP=X) Brexit turmoil

British Pound: USD/GBP (GBP=X) Brexit turmoil

British Pound: USD/GBP (GBP=X) Brexit turmoil After an uneventful week, GBP/USD has dropped sharply on Thursday. In North American trade, the pair is trading at 1.3080, down 0.85% on the day. On the release front, U.S. Final GDP for the fourth quarter posted a 2.2% gain, shy of the estimate of 2.4%. Unemployment claims fell […]

Australia: S&P/ASX 200 (.AXJO) stocks shrugged off the warnings amid a number of economists globally dismissing the recession signal from bond markets

Australia: S&P/ASX 200 (.AXJO) stocks shrugged off the warnings amid a number of economists globally dismissing the recession signal from bond markets

Australia: S&P/ASX 200 (.AXJO) stocks shrugged off the warnings amid a number of economists globally dismissing the recession signal from bond markets A slump in government bond yields sparked a rebound from the red on the Australian sharemarket led by the major banks and high-dividend paying stocks as quarter-end window dressing got off to an […]

Silver 1 OZ 999 NY (XAG=X) solid technical resistance at $15.65

Silver 1 OZ 999 NY (XAG=X) solid technical resistance at $15.65

Silver 1 OZ 999 NY (XAG=X) solid technical resistance at $15.65 May silver futures prices closed nearer the session low and hit a three-month low today. The silver bulls have lost the overall near-term technical advantage. A three-week-old uptrend on the daily bar chart was soundly negated today. Silver bulls’ next upside price breakout objective […]

Gold 1 OZ (XAU=X) solid technical resistance at $1,324.50

Gold 1 OZ (XAU=X) solid technical resistance at $1,324.50

Gold 1 OZ (XAU=X) solid technical resistance at $1,324.50 Technically, April gold futures prices closed nearer the session low and hit a three-week low today. The bulls still have the overall near-term technical advantage but are fading fast and need to show fresh power soon. A three-week-old uptrend on the daily bar chart was soundly […]

Japanese Yen: USD/JPY (JPY=X) likely to be determined by trader reaction to the major Fibonacci level at 110.452

Japanese Yen: USD/JPY (JPY=X) likely to be determined by trader reaction to the major Fibonacci level at 110.452

Japanese Yen: USD/JPY (JPY=X) likely to be determined by trader reaction to the major Fibonacci level at 110.452 The Dollar/Yen is trading lower early Thursday amid another drop in U.S. Treasury yields and further weakness in the global equity markets. Traders are reacting to lower shares in Asia on Thursday, which are falling in reaction […]

Hong Kong: HANG SENG INDEX (.HSI) Lingering fears of global slowdown weigh on investors

Hong Kong: HANG SENG INDEX (.HSI) Lingering fears of global slowdown weigh on investors

Hong Kong: HANG SENG INDEX (.HSI) Lingering fears of global slowdown weigh on investors Asian shares were mostly lower Thursday, following a slip on Wall Street, as investors watched the continuing trade talks between the U.S. and China. Japan’s benchmark Nikkei 225 NIK, -1.61% lost 1.5% in early trading, while Australia’s S&P/ASX 200 XJO, +0.65% […]

HSBC said it lowered its stance on Singapore: STI Index (.STI) stocks to “neutral” from “overweight,” and downgraded Hong Kong equities from “neutral” to “underweight”

HSBC said it lowered its stance on Singapore: STI Index (.STI) stocks to “neutral” from “overweight,” and downgraded Hong Kong equities from “neutral” to “underweight”

HSBC said it lowered its stance on Singapore: STI Index (.STI) stocks to “neutral” from “overweight,” and downgraded Hong Kong equities from “neutral” to “underweight” HSBC said it downgraded stocks in Singapore and Hong Kong as the two major financial centers in Asia face the risk of slower economic growth this year. The largest bank in Europe lowered its stance […]

Shanghai: SSE Composite Index (.SSEC) investors awaited a resumption of trade talks between the U.S. and China

Shanghai: SSE Composite Index (.SSEC) investors awaited a resumption of trade talks between the U.S. and China

Shanghai: SSE Composite Index (.SSEC) investors awaited a resumption of trade talks between the U.S. and China Asian shares were mostly lower on Thursday following a decline on Wall Street, as investors awaited a resumption of trade talks between the U.S. and China. Japan’s Nikkei 225 lost 1.6 per cent to 21,033.76 and the Shanghai […]

Facebook, Inc. (NASDAQ:FB) Heffx Trading Outlook

Facebook, Inc. (NASDAQ:FB) Heffx Trading Outlook

Facebook, Inc. (NASDAQ:FB) Heffx Trading Outlook Buy-ranked Facebook ‘s shares have gained +27.7% year to date, outperforming the S&P 500’s increase of +12.6% during the same period. The Zacks analyst thinks Facebook will benefit from mobile ad revenues driven by robust performance of Instagram Stories and an expanding user base in 2019. Further, the company’s plan to […]

Bitcoin: USD/BTC (BTC=X) Trades Between a 7.8% Range In March 2019, Monthly Candle Close Important

Bitcoin: USD/BTC (BTC=X) Trades Between a 7.8% Range In March 2019, Monthly Candle Close Important

Bitcoin: USD/BTC (BTC=X) Trades Between a 7.8% Range In March 2019, Monthly Candle Close Important There is much debate between crypto bears and bulls alike, on if the bottom of the current bear market is in. After falling from its all-time high of $20,000, Bitcoin ping-ponged between lowering overhead resistance, and seemingly unbreakable support at roughly […]

Australian Dollar: USD/AUD (AUD=X) plunging the previous session in reaction to the steep sell-off in the New Zealand Dollar

Australian Dollar: USD/AUD (AUD=X) plunging the previous session in reaction to the steep sell-off in the New Zealand Dollar

Australian Dollar: USD/AUD (AUD=X) plunging the previous session in reaction to the steep sell-off in the New Zealand Dollar The Australian Dollar is trading slightly higher on Thursday after plunging the previous session in reaction to the steep sell-off in the New Zealand Dollar. Sellers hit the Kiwi hard after the Reserve Bank of New […]

Take Advantage of the Fundamental Gap in Amazon.com, Inc. (NASDAQ:AMZN) Stock

Take Advantage of the Fundamental Gap in Amazon.com, Inc. (NASDAQ:AMZN) Stock

Take Advantage of the Fundamental Gap in Amazon.com, Inc. (NASDAQ:AMZN) Stock When you’re a small company, particularly an upstart tech firm, the law of small numbers works in your favor. If you’re only making $1 million in annual revenue, another million would represent 100% sales growth. That’s one of the reasons why penny stocks are […]

Tesla, Inc. (NASDAQ:TSLA) Stores & Sales

Tesla, Inc. (NASDAQ:TSLA) Stores & Sales

Tesla, Inc. (NASDAQ:TSLA) Stores & Sales Tesla CEO Elon Musk sent his second email to employees in a month to clear up confusion around its store closures, according to a copy of the memo viewed by CNBC. The email says Tesla stores with high foot traffic and sales will remain open. It also says Tesla will […]

Apple Inc. (NASDAQ:AAPL) Event Missed Near Term Expectations

Apple Inc. (NASDAQ:AAPL) Event Missed Near Term Expectations

Apple Inc. (NASDAQ:AAPL) Event Missed Near Term Expectations Broadly speaking, Wall Street expected more out of Apple’s big event. Specifically, analysts and investors wanted more details and tangible information with respect to Apple’s Services road-map, and wanted new products to launch soon. Why? Because they wanted to point to reasons why Apple will top estimates […]

Apple poses an additional threat to Netflix, Inc. (NASDAQ:NFLX) stock

Apple poses an additional threat to Netflix, Inc. (NASDAQ:NFLX) stock

Apple poses an additional threat to Netflix, Inc. (NASDAQ:NFLX) stock Bad news for Netflix (NASDAQ:NFLX) yesterday: Apple (NASDAQ:AAPL) announced the competing Apple TV+ service at its spring event. Apple’s entry into the streaming business poses a clear threat to Netflix stock. Not only will Apple develop competing programming, it will also exclude Netflix from its […]

United States Oil (USO) fell after widely watched data showed a surprising increase in U.S. stocks

United States Oil (USO) fell after widely watched data showed a surprising increase in U.S. stocks

United States Oil (USO) fell after widely watched data showed a surprising increase in U.S. stocks Oil prices fell on Thursday, extending losses into a second straight session, after widely watched data showed a surprising increase in U.S. stocks. International Brent crude oil futures were at $67.63 a barrel at 0045 GMT, down 20 cents, […]

Dow Jones Industrial Average (.DJI) mixed economic data have made it more difficult to gauge the trajectory of the U.S. economy

Dow Jones Industrial Average (.DJI) mixed economic data have made it more difficult to gauge the trajectory of the U.S. economy

Dow Jones Industrial Average (.DJI) mixed economic data have made it more difficult to gauge the trajectory of the U.S. economy The Dow Jones Industrial Average traded within a 353-point range on Wednesday, reflecting a tepid pre-market for U.S. stock futures. The blue-chip index settled down 32.14, or 0.1%, at 25,625.59. Walmart Inc. (WMT) and Chevron Corp […]

Alphabet Inc. (NASDAQ:GOOG) announced a new external ethics council which will examine its development of AI

Alphabet Inc. (NASDAQ:GOOG) announced a new external ethics council which will examine its development of AI

Alphabet Inc. (NASDAQ:GOOG) announced a new external ethics council which will examine its development of AI Google has set up a new external ethics council to oversee its development of AI, but one of its members has been criticized for her anti-trans and anti-immigrant views. Google’s VP of Global Affairs Kent Walker announced the new […]

NASDAQ Composite (.IXIC) yields drop with focus on growth, central banks

NASDAQ Composite (.IXIC) yields drop with focus on growth, central banks

NASDAQ Composite (.IXIC) yields drop with focus on growth, central banks A gauge of world stocks fell on Wednesday amid new signs of concern for the global economy, while benchmark U.S. Treasury yields sank to fresh 15-month lows and German bond yields fell further below zero. China’s industrial firms posted their worst slump in profits […]

Euro: USD/EUR (EUR=X) ECB President Mario Draghi had warned of sustained downside risk for the global economy

Euro: USD/EUR (EUR=X) ECB President Mario Draghi had warned of sustained downside risk for the global economy

Euro: USD/EUR (EUR=X) ECB President Mario Draghi had warned of sustained downside risk for the global economy The EUR/USD experienced a minor correction on the early hours of the Thursday trading session following an escalation in the US Dollar Index. The index had soared on the grounds of an increasing dovish outlook of the major world banks. […]

Citi resuming coverage of The Boeing Company (NYSE:BA) as buy

Citi resuming coverage of The Boeing Company (NYSE:BA) as buy

Citi resuming coverage of The Boeing Company (NYSE:BA) as buy Citi said if the company manages to fix the 737 Max within months Boeing shares could return to $400 or higher. “A lot has happened since our research restriction went into place in July 2018. Obviously, the near-term narrative is focused on getting the MAX […]

Singapore: STI Index (.STI) investors remained unnerved about the global economic outlook

Singapore: STI Index (.STI) investors remained unnerved about the global economic outlook

Singapore: STI Index (.STI) investors remained unnerved about the global economic outlook Asian markets were mixed in early trading Wednesday as investors remained unnerved about the global economic outlook. U.S. Treasury yields saw little change Tuesday as the bond rally paused, while new data Wednesday showed China’s industrial profits dropped sharply in the first two […]

Japanese Yen: USD/JPY (JPY=X) yen dips, consumer data ahead

Japanese Yen: USD/JPY (JPY=X) yen dips, consumer data ahead

Japanese Yen: USD/JPY (JPY=X) yen dips, consumer data ahead USD/JPY has edged higher on Wednesday. In the North American session, the pair is trading at 110.32, down 0.28% on the day. On the release front, there are no Japanese indicators. In the U.S., the trade deficit narrowed to $51.1 billion, better than expected. On Thursday, […]

British Pound: USD/GBP (GBP=X) continues to show little movement this week

British Pound: USD/GBP (GBP=X) continues to show little movement this week

British Pound: USD/GBP (GBP=X) continues to show little movement this week GBP/USD continues to drift this week. In Wednesday’s North American trade, the pair is trading at 1.3207, up 0.01% on the day. On the release front, British CBI Realized Sales shocked with a reading of -18, compared to the forecast of 5 points. There […]

Gold 1 OZ (XAU=X) solid technical resistance at $1,331.10

Gold 1 OZ (XAU=X) solid technical resistance at $1,331.10

Gold 1 OZ (XAU=X) solid technical resistance at $1,331.10 Technically, April gold futures prices closed nearer the session low. The bulls still have the firm overall near-term technical advantage. A three-week-old uptrend is in place on the daily bar chart. Gold bulls’ next upside near-term price breakout objective is to produce a close above solid […]

Australian Dollar: USD/AUD (AUD=X) plenty of support at the 0.70 level

Australian Dollar: USD/AUD (AUD=X) plenty of support at the 0.70 level

Australian Dollar: USD/AUD (AUD=X) plenty of support at the 0.70 level The Australian dollar rolled over just a bit during the beginning of the Wednesday session, breaking through the 50 day EMA. Looking at the Australian dollar, we can see that there is plenty of support at the 0.70 level, an area that continues to be […]

Silver 1 OZ 999 NY (XAG=X) solid technical resistance at $16.00

Silver 1 OZ 999 NY (XAG=X) solid technical resistance at $16.00

Silver 1 OZ 999 NY (XAG=X) solid technical resistance at $16.00 May silver futures prices closed nearer the session low on some more profit taking from recent gains. The silver bulls have the overall near-term technical advantage. Prices are in a three-week-old uptrend on the daily bar chart. Silver bulls’ next upside price breakout objective […]

Australia: S&P/ASX 200 (.AXJO) expected to open slightly higher

Australia: S&P/ASX 200 (.AXJO) expected to open slightly higher

Australia: S&P/ASX 200 (.AXJO) expected to open slightly higher The ASX is set to open slightly higher but the slide in world sharemarkets deepened. Bonds rallied after traders turned their focus to the economic outlook. The $A dropped. Treasury 10-year yields fell to the lowest since December 2017, and rates on benchmark German bunds sank further […]

Shanghai: SSE Composite Index (.SSEC) traders seek haven in consumer, health-care stocks amid weak economic data

Shanghai: SSE Composite Index (.SSEC) traders seek haven in consumer, health-care stocks amid weak economic data

Shanghai: SSE Composite Index (.SSEC) traders seek haven in consumer, health-care stocks amid weak economic data China stocks closed higher on Wednesday following two straight sessions of losses, as a rebound on Wall Street aided sentiment, while weak industrial profit data fuelled hopes for more stimulus. The blue-chip CSI300 index ended up 1.2 percent at […]

Hong Kong: HANG SENG INDEX (.HSI) Investors rushed to buy companies that are less reliant on the strength of the economy

Hong Kong: HANG SENG INDEX (.HSI) Investors rushed to buy companies that are less reliant on the strength of the economy

Hong Kong: HANG SENG INDEX (.HSI) Investors rushed to buy companies that are less reliant on the strength of the economy Chinese stocks rebounded after two days of losses on Wednesday, as investors took refuge in consumer and pharmaceutical companies after official data showed a slump in profits at industrial companies. The Shanghai Composite Index […]

Alphabet Inc. (NASDAQ:GOOG) is revitalizing its robotics division

Alphabet Inc. (NASDAQ:GOOG) is revitalizing its robotics division

Alphabet Inc. (NASDAQ:GOOG) is revitalizing its robotics division Today, Google’s new effort – known as Robotics at Google – is led by Vincent Vanhoucke, who served as a key player in the company’s artificial intelligence project, Google Brain. Perhaps a result of Vanhoucke background in AI, Robitics at Google will focus more on advanced software […]

Facebook, Inc. (NASDAQ:FB) still rest far below their summer 2018 highs

Facebook, Inc. (NASDAQ:FB) still rest far below their summer 2018 highs

Facebook, Inc. (NASDAQ:FB) still rest far below their summer 2018 highs Facebook FB shares, like Netflix NFLX and other tech giants, have bounced back in a big way in 2019 to crush the S&P 500’s larger comeback. Despite the climb, shares of FB still rest far below their summer 2018 highs and Facebook’s growth outlook […]

Dow Jones Industrial Average (.DJI) adds Dow Inc, removes DowDuPont

Dow Jones Industrial Average (.DJI) adds Dow Inc, removes DowDuPont

Dow Jones Industrial Average (.DJI) adds Dow Inc, removes DowDuPont Dow Inc will replace DowDuPont Inc in the Dow Jones Industrial Average following the chemical corporation’s breakup into three smaller companies, S&P Dow Jones Indices said on Tuesday. The rearrangement of the widely followed blue-chip index of 30 companies would happen on April 2 before […]

The Boeing Company (NYSE:BA) stock remains richly valued, despite escalating, fundamental headwinds

The Boeing Company (NYSE:BA) stock remains richly valued, despite escalating, fundamental headwinds

The Boeing Company (NYSE:BA) stock remains richly valued, despite escalating, fundamental headwinds It’s been a rough month for Boeing (NYSE:BA). stock There has been a storm of controversy surrounding the company following two very similar, fatal crashes involving Boeing’s 737 Max 8 planes. This controversy has left investors in a “sell first, ask questions later” mood when […]

United States Oil (USO) extending the previous session’s rise

United States Oil (USO)  extending the previous session’s rise

United States Oil (USO) extending the previous session’s rise Oil prices crept up on Wednesday, extending the previous session’s rise, but gains were kept in check amid growing fears over the impact of a global economic slowdown on demand. Brent was up by 17 cents, or 0.3 percent, at $68.14 by 0311 GMT, reversing earlier losses […]

Bitcoin: USD/BTC (BTC=X) Breaks Below $4,000 and is Likely to Drop Further

Bitcoin: USD/BTC (BTC=X) Breaks Below $4,000 and is Likely to Drop Further

Bitcoin: USD/BTC (BTC=X) Breaks Below $4,000 and is Likely to Drop Further At the time of writing, Bitcoin is trading down just over 1% at its current price of $3,970 and is down from its weekly highs of nearly $4,100. Because bulls still do not have enough buying pressure to push the crypto above the low-$4,000 region, […]

FedEx Corporation (NYSE:FDX) has been grappling with a global trade slowdown

FedEx Corporation (NYSE:FDX) has been grappling with a global trade slowdown

FedEx Corporation (NYSE:FDX) has been grappling with a global trade slowdown FedEx Corporation FDX has been grappling with a global trade slowdown and weakness in the European economy for a while now. The company’s third-quarter fiscal 2019 results bears testimony to this dismal scenario. It report ed lower-than-expected earnings during the fiscal third quarter. Moreover, […]

NASDAQ Composite (.IXIC) stocks ended broadly lower

NASDAQ Composite (.IXIC) stocks ended broadly lower

NASDAQ Composite (.IXIC) stocks ended broadly lower U.S. stocks capped a day of choppy trading with an uneven finish Monday as investors wrestled to make sense of newly pessimistic outlooks for the global economy. Traders also weighed another troubling drop in long-term bond yields, which many see as a warning sign of a possible recession. […]

Tesla, Inc. (NASDAQ:TSLA) average $335 target

Tesla, Inc. (NASDAQ:TSLA) average $335 target

Tesla, Inc. (NASDAQ:TSLA) average $335 target Analysts either love or hate Tesla. RBC slashed its price target on Monday, suggesting 20 percent downside, and reiterated an underperform rating. Meanwhile, the rest of the Street has an average $335 target, which implies 30 percent upside. Technical analyst Ari Wald is in the hate-it camp, arguing that aimless […]