True believers in Bitcoin: USD/BTC (BTC=X) and blockchain technology still gush about its enormous potential

True believers in Bitcoin: USD/BTC (BTC=X) and blockchain technology still gush about its enormous potential

True believers in Bitcoin: USD/BTC (BTC=X) and blockchain technology still gush about its enormous potential Bitcoin might be down 80% from its peak, but true believers in cryptocurrencies and blockchain technology still gush about its enormous potential.Some still see bitcoin as the ultimate hedge against disaster.”There is a really good chance we have something better than […]

Facebook, Inc. (NASDAQ:FB) stock looks poised to do very well in 2019

Facebook, Inc. (NASDAQ:FB) stock looks poised to do very well in 2019

Facebook, Inc. (NASDAQ:FB) stock looks poised to do very well in 2019 After reaching bear-market territory, Facebook (NASDAQ:FB) stock may have finally begun its turnaround. Since hitting a low on Dec. 24, Facebook stock has risen by over 35%. The company’s better-than-expected-fourth-quarter earnings and revenue helped fuel the recovery. FB stock could pull back since the shares […]

Twitter, Inc. (NYSE:TWTR) earnings and revenue topped fourth-quarter estimates but stock fell

Twitter, Inc. (NYSE:TWTR) earnings and revenue topped fourth-quarter estimates but stock fell

Twitter, Inc. (NYSE:TWTR) earnings and revenue topped fourth-quarter estimates but stock fell Twitter earnings and revenue topped fourth-quarter estimates, though the social site gave somewhat cautious revenue guidance. Twitter stock fell. Twitter (TWTR) earned 31 cents a share adjusted as revenue grew 24% to $909 million. Wall Street expected adjusted Twitter earnings of 25 cents on revenue […]

United States Oil (USO) and natural gas rig count inched up by one rig week on week to 1,114

United States Oil (USO) and natural gas rig count inched up by one rig week on week to 1,114

United States Oil (USO) and natural gas rig count inched up by one rig week on week to 1,114 The US oil and natural gas rig count inched up by one rig week on week to 1,114, rising for the second week in a row after a relatively lengthy prior period of declines, according to […]

Australia: S&P/ASX 200 (.AXJO) stocks seen better than expected results were rewarded with strong gains

Australia: S&P/ASX 200 (.AXJO) stocks seen better than expected results were rewarded with strong gains

Australia: S&P/ASX 200 (.AXJO) stocks seen better than expected results were rewarded with strong gains The Australian sharemarket closed at four-month high on Thursday as better than expected results were rewarded with strong gains. The S&P/ASX 200 Index rose 66.4 points, or 1.1 per cent, to 6092.5 while the broader All Ordinaries climbed 67.3 points, […]

Hong Kong: HANG SENG INDEX (.HSI) poised for continued upbeat momentum

Hong Kong: HANG SENG INDEX (.HSI) poised for continued upbeat momentum

Hong Kong: HANG SENG INDEX (.HSI) poised for continued upbeat momentum China’s stocks posted their best monthly performance in January in a year, as the world’s biggest emerging equity market recovered from the world-beating decline in 2018. The Shanghai Composite Index rose 3.6 per cent last month, the biggest gain since January 2018. Equities were […]

Silver 1 OZ 999 NY (XAG=X) price breakout objective is closing prices above solid technical resistance at $16.50 an ounce

Silver 1 OZ 999 NY (XAG=X) price breakout objective is closing prices above solid technical resistance at $16.50 an ounce

Silver 1 OZ 999 NY (XAG=X) price breakout objective is closing prices above solid technical resistance at $16.50 an ounce March silver futures prices closed near the session high today. The silver bulls have the overall near-term technical advantage amid a seven-week-old price uptrend on the daily bar chart. Silver bulls’ next upside price breakout […]

Canadian Dollar: USD/CAD (CAD=X) resurfacing concerns over the slowdown in the global economic growth

Canadian Dollar: USD/CAD (CAD=X) resurfacing concerns over the slowdown in the global economic growth

Canadian Dollar: USD/CAD (CAD=X) resurfacing concerns over the slowdown in the global economic growth Resurfacing concerns over the slowdown in the global economic growth today weighed on the market sentiment and hurt the demand for risk-sensitive commodities. Additionally, reports of U.S. President Trump not planning to meet his Chinese counterpart Xi before the March deadline […]

Australian Dollar: USD/AUD (AUD=X) RBA adopted a neutral bias on the outlook for Australia’s cash rate

Australian Dollar: USD/AUD (AUD=X) RBA adopted a neutral bias on the outlook for Australia’s cash rate

Australian Dollar: USD/AUD (AUD=X) RBA adopted a neutral bias on the outlook for Australia’s cash rate The Reserve Bank of Australia (RBA) delivered a sledgehammer to the Australian dollar on Wednesday, leaving it on track to log its largest percentage decline in over two years. The damage can be seen in the scoreboard below as […]

NASDAQ Composite (.IXIC) on the cusp of exiting a bear market

NASDAQ Composite (.IXIC) on the cusp of exiting a bear market

NASDAQ Composite (.IXIC) on the cusp of exiting a bear market The Nasdaq Composite is on the cusp of exiting a bear market, rebounding nearly 20% from its Christmas Eve low and highlighting the resilience of the technology shares that have long powered the market higher. The index heavily weights shares of technology firms like […]

Tesla, Inc. (NASDAQ:TSLA) cuts the price of the Model 3

Tesla, Inc. (NASDAQ:TSLA) cuts the price of the Model 3

Tesla, Inc. (NASDAQ:TSLA) cuts the price of the Model 3 Tesla cut the price of its most affordable car, the Model 3, by $1,100 making the new starting price $42,900.That’s still a long way from the $35,000 price tag that Tesla CEO Elon Musk promised when the Model 3 was first unveiled in 2016. Still, […]

Twitter, Inc. (NYSE:TWTR) expected to release earnings on Feb. 7

Twitter, Inc. (NYSE:TWTR) expected to release earnings on Feb. 7

Twitter, Inc. (NYSE:TWTR) expected to release earnings on Feb. 7 Twitter (NYSE: TWTR ) is expected to release earnings on Feb. 7, before the open. Year-to-date, Twitter stock is up about 19%. I believe that the relatively strong recent performance of the stock has been based on robust fundamentals. Last quarter, the company topped analyst estimates after which Wall […]

United States Oil (USO) production levels in the country stayed at record levels

United States Oil (USO) production levels in the country stayed at record levels

United States Oil (USO) production levels in the country stayed at record levels U.S. oil prices dipped on Thursday after U.S. crude inventories rose and as production levels in the country stayed at record levels, but OPEC-led supply cuts and the crisis in Venezuela supported markets. U.S. West Texas Intermediate (WTI) crude futures were at […]

Alibaba Group Holding Limited (NYSE:BABA) e-commerce dominance is just the beginning

Alibaba Group Holding Limited (NYSE:BABA) e-commerce dominance is just the beginning

Alibaba Group Holding Limited (NYSE:BABA) e-commerce dominance is just the beginning Alibaba is best known for its dominance in the e-commerce market in China, but the company is increasingly becoming a big player in the artificial intelligence space as well. Just a few months ago it announced that it’s developing its own AI chip, which will be […]

Apple Inc. (NASDAQ:AAPL) is again the most valuable U.S. public company

Apple Inc. (NASDAQ:AAPL) is again the most valuable U.S. public company

Apple Inc. (NASDAQ:AAPL) is again the most valuable U.S. public company Two months after losing its title as the most valuable U.S. public company, and a month after revealing that iPhone sales were disappointing in the holiday season, Apple Inc. AAPL, +0.03% has regained its throne for highest market capitalization. Apple shares added 6 cents Wednesday after announcing the departure of […]

Falling margins need to reverse course before Alphabet Inc. (NASDAQ:GOOG) stock breaks out to new highs

Falling margins need to reverse course before Alphabet Inc. (NASDAQ:GOOG) stock breaks out to new highs

Falling margins need to reverse course before Alphabet Inc. (NASDAQ:GOOG) stock breaks out to new highs Technology giant Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) reported fourth-quarter numbers after the bell on Monday, Feb. 4. Although the company topped both revenue and profit estimates, Google stock dropped in response due to concerns regarding swelling costs. Specifically, operating margins dropped to 21%. […]

Facebook, Inc. (NASDAQ:FB) has reversed the losses trend

Facebook, Inc. (NASDAQ:FB) has reversed the losses trend

Facebook, Inc. (NASDAQ:FB) has reversed the losses trend A new ray of hope is being seen for Mark Zuckerberg, as experts believe Facebook is a stock to buy ahead. Last year has been a very challenging period for Facebook and chief Zuckerberg due to data breach scandal, so much so, that forget investors even its […]

Euro: USD/EUR (EUR=X) breaks below key support levels

Euro: USD/EUR (EUR=X) breaks below key support levels

Euro: USD/EUR (EUR=X) breaks below key support levels EUR/USD has been continuing its descent as we move through the week, with a break below $1.1434 and $1.1406 negating the previous creation of higher lows. That points towards further downside, even if we are in retracement mode. Watch out for the 61.8% or 76.4% Fibonacci levels to […]

Canadian Dollar: USD/CAD (CAD=X) may have fallen to the base of the channel

Canadian Dollar: USD/CAD (CAD=X) may have fallen to the base of the channel

Canadian Dollar: USD/CAD (CAD=X) may have fallen to the base of the channel The U.S. Dollar / Canadian Dollar exchange rate is trading at 1.3125 at the time of writing after falling to the base of its rising channel. Mixed opinions about the outlook for the Canadian Dollar probably mean the main fundamental driver for the weakness […]

Australia: S&P/ASX 200 (.AXJO) holds above 6,000

Australia: S&P/ASX 200 (.AXJO) holds above 6,000

Australia: S&P/ASX 200 (.AXJO) holds above 6,000 The Australian share market popped higher at the open after all US indices gained ahead of Trump’s State of Union address, with the Nasdaq and Dow Jones up the most, about 0.7 per cent. The local bourse quickly sank into the red and quickly recovered, with Tech and […]

Japanese Yen: USD/JPY (JPY=X) Renewed Fears Over Trade Talks

Japanese Yen: USD/JPY (JPY=X) Renewed Fears Over Trade Talks

Japanese Yen: USD/JPY (JPY=X) Renewed Fears Over Trade Talks The Dollar/Yen is trading lower on Wednesday as safe-haven buying drew investors into the Japanese Yen. Although some market participants are calling President Trump’s State of the Union address a “dud”, Dollar/Yen traders seem to be leaning to the negative side. Trump didn’t say much to […]

British Pound: USD/GBP (GBP=X) respecting Fibonacci support

British Pound: USD/GBP (GBP=X) respecting Fibonacci support

British Pound: USD/GBP (GBP=X) respecting Fibonacci support GBP/USD sold off into the 76.4% Fibonacci support level over the past week, with the pair starting to find some buyers from that $1.2922 level. This points towards a likely move higher to continue the bullish trend in play over the past month. A break below $1.2930 would signify a […]

Australian Dollar: USD/AUD (AUD=X) Australian central bank governor says future rate cut is possible

Australian Dollar: USD/AUD (AUD=X) Australian central bank governor says future rate cut is possible

Australian Dollar: USD/AUD (AUD=X) Australian central bank governor says future rate cut is possible Philip Lowe told the National Press Club in Sydney on Wednesday, that the chance of the rate cut is more likely than it used to be, changing the RBA’s tone slightly. ‘Looking forward there are scenario where the outlook in the […]

Silver 1 OZ 999 NY (XAG=X) looks as if the market is ready to go towards the $16

Silver 1 OZ 999 NY (XAG=X) looks as if the market is ready to go towards the $16

Silver 1 OZ 999 NY (XAG=X) looks as if the market is ready to go towards the $16 Silver markets went back and forth during the trading session on Tuesday, as we continue to hover around the $15.85 level. The 20 day EMA has offered support during the previous session, forming a hammer. Ultimately, it looks […]

Tesla, Inc. (NASDAQ:TSLA) stock price target cut to $283 from $291

Tesla, Inc. (NASDAQ:TSLA) stock price target cut to $283 from $291

Tesla, Inc. (NASDAQ:TSLA) stock price target cut to $283 from $291 Morgan Stanley lowered its stock price target for Telsa Inc. TSLA, +2.70% to $283 from $291 on Tuesday and said 2019 will help provide an answer to the question of whether the company can fund its growth plans without needing external capital. “Expectations appear reasonably managed, but […]

Dow Jones Industrial Average (.DJI) Surges to Two-Month High as Earnings Season Keeps on Giving

Dow Jones Industrial Average (.DJI) Surges to Two-Month High as Earnings Season Keeps on Giving

Dow Jones Industrial Average (.DJI) Surges to Two-Month High as Earnings Season Keeps on Giving Led by the Dow Jones Industrial Average, the U.S. stock market traded sharply higher on Tuesday after a fresh batch of earnings surprised to the upside, underscoring another solid quarter for corporate America. DOW RECORDS STRONG GAINS All of Wall […]

Apple Inc. (NASDAQ:AAPL) pursuing alternative sources of growth

Apple Inc. (NASDAQ:AAPL) pursuing alternative sources of growth

Apple Inc. (NASDAQ:AAPL) pursuing alternative sources of growth Thanks to concerns about weakening iPhone sales, the Apple stock price shed as much as 39% of its value between early October and the first days of January. And while shares of Apple Inc. (NASDAQ: AAPL) have recovered a bit since (up 20% from about $142 to about $171), the concerns […]

Kiwis using New Zealand share platform Hatch can now buy shares in Chinese ecommerce giant Alibaba Group Holding Limited (NYSE:BABA)

Kiwis using New Zealand share platform Hatch can now buy shares in Chinese ecommerce giant Alibaba Group Holding Limited (NYSE:BABA)

Kiwis using New Zealand share platform Hatch can now buy shares in Chinese ecommerce giant Alibaba Group Holding Limited (NYSE:BABA) Kiwis using New Zealand share platform Hatch can now buy shares in Chinese ecommerce giant Alibaba.  Hatch is an online service owned by KiwiSaver provider Kiwi Wealth, which lets self-directed investors build themselves portfolios of shares […]

Bitcoin: USD/BTC (BTC=X) Volatility Plunges, Likely to Increase Significantly in Near Future

Bitcoin: USD/BTC (BTC=X) Volatility Plunges, Likely to Increase Significantly in Near Future

Bitcoin: USD/BTC (BTC=X) Volatility Plunges, Likely to Increase Significantly in Near Future At the time of writing, Bitcoin is trading up marginally at its current price of $3,460. Over the past seven days, Bitcoin has been trading choppily between approximately $3,400 and $3,500 and has been narrowing this range over the past couple of days. This isn’t […]

Singapore: STI Index (.STI) PMI down 0.4 point to 50.7 in January

Singapore: STI Index (.STI) PMI down 0.4 point to 50.7 in January

Singapore: STI Index (.STI) PMI down 0.4 point to 50.7 in January The growth of new orders, new exports and factory output slowed down. The Singapore Purchasing Manager’s Index (PMI) recorded a further 0.4 point drop from the previous month to a slower expansion at 50.7 in January, according to the Singapore Institute of Purchasing […]

NASDAQ Composite (.IXIC) investors await Trump’s State of the Union speech

NASDAQ Composite (.IXIC) investors await Trump’s State of the Union speech

NASDAQ Composite (.IXIC) investors await Trump’s State of the Union speech Stocks closed higher Tuesday, with the S&P 500 extending its winning streak to a fifth session, as investors continued to sort through corporate earnings while awaiting President Donald Trump’s State of the Union address in the evening. How did major benchmarks fare? The Dow […]

Analysts concerned after Alphabet Inc. (NASDAQ:GOOG) offers increased spending and vague commentary on financial performance

Analysts concerned after Alphabet Inc. (NASDAQ:GOOG) offers increased spending and vague commentary on financial performance

Analysts concerned after Alphabet Inc. (NASDAQ:GOOG) offers increased spending and vague commentary on financial performance Shares of Alphabet Inc. are falling Tuesday after the company disclosed a sizable increase in spending, prompting a series of questions about the internet giant’s future. Google-parent Alphabet GOOGL, +0.92% GOOG, +1.16%  reported better-than-expected financial results on Monday afternoon, but concerns about the company’s expense outlook seem […]

The easy money in Netflix, Inc. (NASDAQ:NFLX) stock has been made

The easy money in Netflix, Inc. (NASDAQ:NFLX) stock has been made

In November, I called Netflix (NASDAQ:NFLX) the best contrarian trade in tech. Falling markets had dragged Netflix stock down with them. That in turn gave NFLX a chance to bounce when investor confidence inevitably returned. Indeed, as I wrote at the time, nothing really had changed in the Netflix business. Its Q3 results were solid, and the company still was […]

Amazon.com, Inc. (NASDAQ:AMZN) stock continues to astound

Amazon.com, Inc. (NASDAQ:AMZN) stock continues to astound

Amazon.com, Inc. (NASDAQ:AMZN) stock continues to astound This time last year, I predicted that Amazon’s (NASDAQ:AMZN) business would continue to grow at a rapid pace, pushing AMZN stock all the way to $10,000. Of course, I wasn’t suggesting it would happen immediately. Rather, it might take as long as 7.5 years to get there, which would still […]

United States Oil (USO) production has become a major factor in world supply

United States Oil (USO) production has become a major factor in world supply

United States Oil (USO) production has become a major factor in world supply During just six months crude oil prices ripped higher by about 20 percent, plunged more than 40 percent and snapped back 25 percent, an intense volatility that analysts warn could be the new normal in the oil market. December was a real […]

Larneuk Yearling Draft is Worth a Look

Larneuk Yearling Draft is Worth a Look

Larneuk has produced another round of exceptional yearlings well worth considering. You will not find them at any of the sales they have all been retained on the farm and are available for viewing by appointment. 3 hot sires are well represented in the yearling draft, Cluster, Ilovethiscity and O’Lonhro. The Yearling Draft Yearlings Perfect […]

Japanese Yen: USD/JPY (JPY=X) Back to 110.00 as Recovery Sets in

Japanese Yen: USD/JPY (JPY=X) Back to 110.00 as Recovery Sets in

Japanese Yen: USD/JPY (JPY=X) Back to 110.00 as Recovery Sets in Similar to the British Pound above, USD/JPY started the year with fireworks that have seemingly taken a back seat over the past four weeks. Prices in USD/JPY have recovered from the earlier-year ‘flash crash,’ and prices have run back-up to a key zone of resistance that runs from […]

Australia: S&P/ASX 200 (.AXJO) RBA speech ahead

Australia: S&P/ASX 200 (.AXJO) RBA speech ahead

Australia: S&P/ASX 200 (.AXJO) RBA speech ahead Australian shares are poised to edge higher ahead of a midday speech by RBA governor Philip Lowe. ASX futures were up 7 points at 4.45am AEDT. Today’s Agenda Local data: RBA governor Lowe speaks at midday Overseas data: German factory orders December, Donald Trump State of the Union […]

Australian Dollar: USD/AUD (AUD=X) helped by a lift in US bond yields

Australian Dollar: USD/AUD (AUD=X) helped by a lift in US bond yields

Australian Dollar: USD/AUD (AUD=X) helped by a lift in US bond yields The main them of Monday’s session was broad based US dollar strength, helped by a lift in US bond yields despite another weak reading on US factory orders in November. “AUD/USD eased modestly in line with the stronger USD,” said Joseph Capurso, Senior […]

UK FTSE 100 (.FTSE) at near-3-month high

UK FTSE 100 (.FTSE) at near-3-month high

UK FTSE 100 (.FTSE) at near-3-month high British blue-chip shares surged to their highest in nearly three months on Tuesday as heavyweight BP doubled its annual profit and miners rallied on higher iron ore prices while a weaker pound was also supportive. London’s main index .FTSE added 2 percent, extending itswinning streak to six days […]

Silver 1 OZ 999 NY (XAG=X) Prices Pausing In Their Uptrends

Silver 1 OZ 999 NY (XAG=X) Prices Pausing In Their Uptrends

Silver 1 OZ 999 NY (XAG=X) Prices Pausing In Their Uptrends Gold and silver prices are near steady in early-afternoon U.S. trading Tuesday. A rebound in the U.S. dollar index this week is limiting buying interest in the precious metals markets. However, the bulls can correctly argue gold and silver are just seeing normal, and even healthy, downside corrections and […]

New Zealand Dollar: NZD/USD (NZD=X) further growth may be cancelled

New Zealand Dollar: NZD/USD (NZD=X) further growth may be cancelled

New Zealand Dollar: NZD/USD (NZD=X) further growth may be cancelled NZDUSD is trading at 0.6896; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the upside border of the cloud at 0.6860 and then resume moving upwards to reach 0.7010. Another signal to confirm […]

Hong Kong: HANG SENG INDEX (.HSI) Mixed After Wall Street Gains

Hong Kong: HANG SENG INDEX (.HSI) Mixed After Wall Street Gains

Hong Kong: HANG SENG INDEX (.HSI) Mixed After Wall Street Gains All three Wall Street benchmark indexes closed higher on Monday, lead by gains in the technology and industrials sectors, as traders geared themselves up for another week of earnings reports, which they are hoping will continue to carry the markets. The S&P 500 closed […]

Gold 1 OZ (XAU=X) recently have seen normal profit taking after hitting an eight-month high last week

Gold 1 OZ (XAU=X) recently have seen normal profit taking after hitting an eight-month high last week

Gold 1 OZ (XAU=X) recently have seen normal profit taking after hitting an eight-month high last week Technically, April gold futures prices closed nearer the session high today. Prices recently have seen normal profit taking after hitting an eight-month high last week. The bulls still have the firm overall near-term technical advantage. A 2.5-month-old price […]

Alphabet Inc. (NASDAQ:GOOG) could soon announce a sharply higher stock buyback authorization of $12 billion to $15 billion

Alphabet Inc. (NASDAQ:GOOG) could soon announce a sharply higher stock buyback authorization of $12 billion to $15 billion

Alphabet Inc. (NASDAQ:GOOG) could soon announce a sharply higher stock buyback authorization of $12 billion to $15 billion With Google stock trading some 13% below its all-time high heading into Monday’s fourth-quarter earnings report, the timing could be right for parent Alphabet (GOOGL) to increase its share buyback program. Google stock is trading well below a standard […]

Alibaba Group Holding Limited (NYSE:BABA) reported an earnings beat in its fiscal third quarter Jan. 30, just one day after its home country saw a “day of disaster” for earnings

Alibaba Group Holding Limited (NYSE:BABA) reported an earnings beat in its fiscal third quarter Jan. 30, just one day after its home country saw a “day of disaster” for earnings

Alibaba Group Holding Limited (NYSE:BABA) reported an earnings beat in its fiscal third quarter Jan. 30, just one day after its home country saw a “day of disaster” for earnings Chinese e-commerce platform Alibaba Group Holding Ltd (NYSE: BABA) reported an earnings beat in its fiscal third quarter Jan. 30, just one day after its home country saw a […]

Tesla, Inc. (NASDAQ:TSLA) start taking orders in China

Tesla, Inc. (NASDAQ:TSLA) start taking orders in China

Tesla, Inc. (NASDAQ:TSLA) start taking orders in China U.S. electric vehicle maker Tesla Inc said it will start taking orders in China on Friday for a lower-priced version of its Model 3 car, as it seeks to accelerate China sales hit by trade friction between Washington and Beijing. After gaining a significant foothold in the United States, […]

Dow Jones Industrial Average (.DJI) Technology stocks led the upside

Dow Jones Industrial Average (.DJI) Technology stocks led the upside

Dow Jones Industrial Average (.DJI) Technology stocks led the upside Technology stocks led the upside in afternoon trading Monday. Top stocks in the Nasdaq 100 included Adobe (ADBE), up nearly 4%. It cleared the 250 level, which had been resistance in recent days. In the Dow Jones today, Microsoft (MSFT) and Apple (AAPL) were top gainers, rising more than 2% each. […]

United States Oil (USO) expectations of tightening global supply due to U.S. sanctions on Venezuela and production cuts led by OPEC

United States Oil (USO) expectations of tightening global supply due to U.S. sanctions on Venezuela and production cuts led by OPEC

United States Oil (USO) expectations of tightening global supply due to U.S. sanctions on Venezuela and production cuts led by OPEC U.S. oil prices inched up on Tuesday, buoyed by expectations of tightening global supply due to U.S. sanctions on Venezuela and production cuts led by OPEC. U.S. West Texas Intermediate (WTI) crude futures were at $54.77 per barrel at 0223 GMT, up […]

Twitter, Inc. (NYSE:TWTR) More Pressure

Twitter, Inc. (NYSE:TWTR) More Pressure

Twitter, Inc. (NYSE:TWTR) More Pressure Wall Street analysts will be watching closely when Twitter, Inc. (NYSE:TWTR) reports its quarterly earnings next, which is scheduled for Thu 7 Feb (In 4 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.20 per share. In the preceding quarter, the company […]

NASDAQ Composite (.IXIC) less than 2% shy of exiting from a bear market

NASDAQ Composite (.IXIC) less than 2% shy of exiting from a bear market

NASDAQ Composite (.IXIC) less than 2% shy of exiting from a bear market Don’t look now, but the Nasdaq Composite Index is poised to make a decidedly upbeat turn for the bulls. The stock-market benchmark, often employed as a proxy for the health of technology and internet-related stocks, on Dec. 21 closed more than 20% […]

Apple Inc. (NASDAQ:AAPL) boosted the Dow

Apple Inc. (NASDAQ:AAPL) boosted the Dow

Apple Inc. (NASDAQ:AAPL) boosted the Dow Apple (AAPL), Microsoft (MSFT) and Boeing (BA) boosted the Dow. Apple, up 3%, marked its fourth straight advance since regaining its 50-day moving average on Wednesday. The stock is starting to build the right side of a steep base after a 39% correction. Shares are still 26% below their Oct. 3 high. JPMorgan said in a […]

Bitcoin: USD/BTC (BTC=X) bounce that could see the cryptocurrency end the year at nearly double its current price

Bitcoin: USD/BTC (BTC=X) bounce that could see the cryptocurrency end the year at nearly double its current price

Bitcoin: USD/BTC (BTC=X) bounce that could see the cryptocurrency end the year at nearly double its current price A bitcoin renaissance could see the digital currency rise by as much as 84 per cent by the end of 2019, according to a panel of experts polled by Finder.com.au. After peaking at $US20,000 in December 2017 […]

Facebook, Inc. (NASDAQ:FB) More Upbeat

Facebook, Inc. (NASDAQ:FB) More Upbeat

Facebook, Inc. (NASDAQ:FB) More Upbeat Facebook (FB) went through a rough 2018. After multiple privacy and data scandals, CEO Mark Zuckerberg was forced to testify in front of Congress, as the company dragged through the mud by the media. As a result, the company’s stock lost 40% of its value in the second half of […]

Darren Weir and the Hypocrisy of Australia

Darren Weir and the Hypocrisy of Australia

The Darren Weir case, guilty or not, is a sad reflection on the Australian Authorities and Media and demonstrates their strong bias against some groups of society. Darren Weir was arrested it seems for questioning, the raid on his properties was blasted around the world and the Media/Social Media in Australia found him guilty immediately. […]

2019 Magic Millions Gold Coast March Yearling Sale

2019 Magic Millions Gold Coast March Yearling Sale

The auction giving buyers more incentives than any other sale, the 2019 Magic Millions Gold Coast March Yearling Sale, is now online. The sale source of star sprinters Buffering, Spirit of Boom, I’m a Rippa and Winning Rupert and recent $2 million Gold Coast Magic Millions 3YO Guineas winner Boomsara, this year will see 392 select lots […]

Hong Kong: HANG SENG INDEX (.HSI) Lunar New Year holidays

Hong Kong: HANG SENG INDEX (.HSI) Lunar New Year holidays

Hong Kong: HANG SENG INDEX (.HSI) Lunar New Year holidays Shares in Hong Kong, Japan and Australia saw gains on Monday. Hong Kong’s Hang Seng index, which closed earlier at 12:00 p.m. HK/SIN today with the eve of the Lunar New Year holidays, edged up 0.21 percent to close at 27,990.21. Over in Japan, the Nikkei 225 advanced […]

Australia: S&P/ASX 200 (.AXJO) investors just got the final piece of a 13-month inquiry into the rampant misconduct at the nation’s biggest banks and financial firms

Australia: S&P/ASX 200 (.AXJO) investors just got the final piece of a 13-month inquiry into the rampant misconduct at the nation’s biggest banks and financial firms

Australia: S&P/ASX 200 (.AXJO) investors just got the final piece of a 13-month inquiry into the rampant misconduct at the nation’s biggest banks and financial firms Australian investors just got the final piece of a 13-month inquiry into the rampant misconduct at the nation’s biggest banks and financial firms that could set the tone for […]

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

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

Euro: USD/EUR (EUR=X) consolidating after recent gains EUR/USD failed to really push on at the end of last week, with Friday’s rebound failing to gain enough traction to push the pair through the $1.1514 peak.That means we could be looking at a retracement, with the recent rally having moved into and reversed around the 76.4% Fibonacci […]

New Zealand Dollar: NZD/USD (NZD=X) pullback likely to bring another leg higher

New Zealand Dollar: NZD/USD (NZD=X) pullback likely to bring another leg higher

New Zealand Dollar: NZD/USD (NZD=X) pullback likely to bring another leg higher NZD/USD has been drifting lower since Friday’s high, with the pair moving into the potential ascending trendline support. The trend over the short term points towards this sell-off being temporary, with another leg higher likely before long. As such, this sell-off looks like a […]

Australian Dollar: USD/AUD (AUD=X) Jobs and Housing Markets Falter Ahead of Key RBA Interest Rate Decision

Australian Dollar: USD/AUD (AUD=X) Jobs and Housing Markets Falter Ahead of Key RBA Interest Rate Decision

Australian Dollar: USD/AUD (AUD=X) Jobs and Housing Markets Falter Ahead of Key RBA Interest Rate Decision The Australian Dollar fell into the new week Monday after surveys showed the jobs and housing markets struggling early in the New Year, just hours before the latest interest rate guidance is due from the Reserve Bank of Australia (RBA). Fresh […]

Japanese Yen: USD/JPY (JPY=X) Chinese New Year holidays a prevalent distraction for a good part of the week

Japanese Yen: USD/JPY (JPY=X) Chinese New Year holidays a prevalent distraction for a good part of the week

Japanese Yen: USD/JPY (JPY=X) Chinese New Year holidays a prevalent distraction for a good part of the week As noted in our Asia week ahead, a relatively quiet week sets ahead compared to the barrage of events we saw in the previous one. Alongside the thinned market on the back of the Chinese New Year holidays, […]

British Pound: USD/GBP (GBP=X) continues to drift lower

British Pound: USD/GBP (GBP=X) continues to drift lower

British Pound: USD/GBP (GBP=X) continues to drift lower GBP/USD has been drifting lower after a recent uptrend that took the pair into a three-month high. The current move lower looks to take the form of a falling wedge, with a strong possibility that the wider bullish trend will come back into play once more. A […]

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

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

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

2 Chances to See Winx in Sydney

2 Chances to See Winx in Sydney

The world’s best horse Winx will be on show for her Sydney fans at a special public event this Saturday, 9 February, ahead of her highly-anticipated return to racing in The Star Apollo Stakes at Royal Randwick a week later. The Australian Turf Club and Chris Waller Racing will host the breakfast event and exhibition […]

Godolphin Dominate Dubai World Cup Carnival

Godolphin Dominate Dubai World Cup Carnival

At the halfway point of the 2018-2019 Dubai World Cup Carnival, the jockey, trainer and owner standings are led by James Doyle, Charlie Appleby and Godolphin. While many of the top connections and horsemen are the proverbial usual suspects, they are closely followed by several who speak to the depth of this season’s Carnival. James […]

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Facebook, Inc. (NASDAQ:FB) turns 15

Facebook, Inc. (NASDAQ:FB) turns 15

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

NASDAQ Composite (.IXIC) Heffx Trading Outlook

NASDAQ Composite (.IXIC) Heffx Trading Outlook

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

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

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

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

Cluster One of Australia’s Best 1st Season Sires

Cluster One of Australia’s Best 1st Season Sires

by Kristen Manning Two runners… two winners, the perfect start for Larneuk Stud’s exciting young stallion Cluster. And in the space of just five days a winner and black type! Having impressed saluting at her Hobart debut last November, Gee Gees Darl has not put a hoof wrong since, in her three subsequent outings finishing […]

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Terror Attack at Brisbane Airport Subject of Major Cover Up

Terror Attack at Brisbane Airport Subject of Major Cover Up

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

Mucho Gusto and Baffert on Track to Kentucky Derby

Mucho Gusto and Baffert on Track to Kentucky Derby

Favored Mucho Gusto was all business on Saturday at Santa Anita, as he rated kindly and exploded the final eighth of a mile to take the Grade III, $150,000 Robert B. Lewis Stakes by 4 ¾ lengths under Joe Talamo.  Trained by Bob Baffert, the chestnut colt by Mucho Macho Man got a mile and […]

Alizee a Big Winner for Godolphin

Alizee a Big Winner for Godolphin

Alizee a Big Winner for Godolphin by Mike Hedge at Godolphin Alizee confirmed her arrival as a new star of Australian racing with a spectacular win in Saturday’s G2 Expressway Stakes at Rosehill. On a day when Godolphin won three Stakes races in Australia, Alizee raced up to the G1 form she showed and as […]

Coolmore Australia Stars at Karaka Sale

Coolmore Australia Stars at Karaka Sale

The 2019 NZB National Yearling Sale Series Book One produced some good results for our young gun sires with Pride of Dubai leading the first season sire averages marginally ahead of Vancouver. A dual Group I winning two year-old by Street Cry, Pride of Dubai had four yearlings average $160,000. His top seller was a […]

Trump has America Back at Work

Trump has America Back at Work

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

Sunday’s $100,000 Sweetest Chant (G3) at Gulfstream Park

Sunday’s $100,000 Sweetest Chant (G3) at Gulfstream Park

Multiple stakes winner A Bit Special, a neck shy of being undefeated in her young career, will make the step up to graded company for her 3-year-old debut in Sunday’s $100,000 Sweetest Chant (G3) at Gulfstream Park. The 23rd running of the Sweetest Chant and the 11th renewal of the $100,000 Dania Beach, both at […]

Bellavais among 20 Noms for Feb. 9 Suwannee River (G3)

Bellavais among 20 Noms for Feb. 9 Suwannee River (G3)

Bellavais among 20 Noms for Feb. 9 Suwannee River (G3) Bortolazzo Stable LLC’s Bellavais, who captured the Jan. 12 Marshua’s River (G3) at Gulfstream Park, is among 20 nominations for the $150,000 Suwannee River (G3) at Gulfstream Park Feb. 9. Trained by Todd Pletcher, the 5-year-old daughter of Tapit, stalked the early pace in the […]

Racing at Meydan on Saturday

Racing at Meydan on Saturday

Racing at Meydan on Saturday, a seven-race card, is highlighted by a turf handicap over 1800m, the Healthpoint Better Together Cup. Sixteen are declared, the maximum allowed, headed by a trio already in possession of handicap mark sufficient to make them eligible for races at the Dubai World Cup Carnival. Trained by Sandeep Jadhav and […]

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

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

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

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

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

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

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

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

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