DAX PERFORMANCE-INDEX (.GDAXI) stuck below 10,900 DAX’s gains above 10,900 have proven impossible to sustain over the past few sessions, while intraday sell-offs have found support at 10,800. A break of this range indicates the next direction, with trendline support around 10,700 coming into play. Above 10,900, the index will push on above 11,000 but […]
Singapore: STI Index (.STI) Asian markets ease after May’s Brexit vote defeat Asia markets took a break on Wednesday, as investors assessed and looked for direction after the British Parliament overwhelmingly rejected its Prime Minister (PM) Theresa May’s Brexit deal. Markets also tuckered out from the earlier growth stimulus announcement from China. Britain’s Members of […]
Australia: S&P/ASX 200 (.AXJO) Opening Higher Australian shares are set to open modestly higher as investors turn cautious amid uncertainty about Brexit and the US government shutdown. ASX futures were up 9 points at 8.15am AEDT. The Australian dollar slipped 0.4 per cent. Shares on Wall Street were higher as positive news from Goldman Sachs […]
Hong Kong: HANG SENG INDEX (.HSI) Investors now focus on a no-confidence vote on May’s government by Britain’s parliament Asian shares ended mostly higher on Wednesday even as the U.K. House of Commons voted down Prime Minister Theresa May’s Brexit deal by a crushing margin, stoking fresh uncertainty. Investors now focus on a no-confidence vote […]
$C, $ELAN, $NEM, $NWSA, $TME, $VFC, $GWW Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of The Street’s Key analysts outlook for Key issues for Wednesday as follows: Elanco Animal Health Inc. (NYSE:ELAN) was started […]
NASDAQ Composite (.IXIC) still remains in a bear market The Nasdaq Composite Index COMP, +1.71% on Tuesday closed sharply higher, putting the technology and internet-related gauge to a finish above its short-term average for the first time since early October. The Nasdaq booked a 1.7% gain to end at 7,023.83. That places the index above its 50-day moving […]
Tesla, Inc. (NASDAQ:TSLA) likely to continue to be one of the most talked-about stocks in 2019 One thing best describes Tesla (NASDAQ:TSLA) stock’s daily moves in the markets: roller coaster. Tesla stock is soaring one day and falling off the cliff the next. Its 52-week price range has been $244.59 (April 2, 2018) – $ […]
Alibaba Group Holding Limited (NYSE:BABA) isn’t selling cloud infrastructure, but unique AI services built on open source Alibaba Group Holding (NYSE:BABA) has never been Amazon.Com (NASDAQ:AMZN). It wasn’t founded to sell consumer goods. Its cloud isn’t challenging Amazon in infrastructure. And in the past six months, BABA stock has suffered a drop about two times that seen by […]
Alphabet Inc. (NASDAQ:GOOG) Japan failed to report ¥3.5 billion in income Tokyo tax authorities have found that Google Japan failed to declare about ¥3.5 billion in income for 2015, a source close to the matter said Tuesday. The authorities are believed to have determined that the Japan unit of the American tech giant reduced its […]
Dow Jones Industrial Average (.DJI) digested a weaker-than-expected fourth-quarter earnings report from JPMorgan Chase & Co. Stocks traded higher on Tuesday, Jan. 15, as Wall Street digested a weaker-than-expected fourth-quarter earnings report from JPMorgan Chase & Co. The Dow rose 156 points, or 0.65%, to 24,066, the S&P 500 gained 1.07%, and the Nasdaq rose 1.7% as […]
Twitter, Inc. (NYSE:TWTR) vulnerable to a correction towards 31.83 Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a correction towards 31.83. The projected upper bound is: 36.39. The projected lower bound is: 29.58. The projected closing price is: 32.99. Candlesticks A white body occurred (because prices closed higher than […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Up USD Lower Crude Oil Steady Stocks Steady including Japan In Asia Notes: On the earnings front, US banks: Goldman Sachs (GS) will be in focus Wednesday Expectations are low with profits for US companies forecast to rise 6.4%, down from an 1 October estimate of 10.2% and a big fall from 2018’s tax cut-fueled gainer of more […]
$GS Goldman Sachs Grou (NYSE:GS) is scheduled to report its Q-4 financial results before the US market open Wednesday. The consensus estimates from Thomson Reuters are EPS/5.61 and $7.78-B in revenue. In the same frame last year, the Wall Street giant posted EPS/5.68 on $7.83-B in revenue. In Q-3, book value per common share has […]
$RACE Mick Schumacher, the son of 7X F1 world champion Michael, is close to confirming a deal to join Ferrari’s young driver programme. The 2018 European F 3 Champion has courted the interest of F1’s biggest teams since clinching his 1st car-racing title last season. Mr. Schumacher’s father won 5 of his world championships with […]
$DIA, $SPY, $QQQ, $RUTX, $VXX US wholesale prices fell last month on a steep fall in gasoline prices suggesting that inflation will remain tame in the coming months. The Labor Department said that the producer price index, which tracks cost changes before they reach the consumer fell 0.2% in December from the prior month. The drop […]
Hong Kong: HANG SENG INDEX (.HSI) Beijing pledges a mix of tax breaks to help businesses Hong Kong and China stocks shot up Tuesday, after the Chinese government pledged tax cuts to boost manufacturing and small enterprises amid a slowing economy and the US-China trade war. The Hang Seng Index surged 2 per cent, or […]
Australia: S&P/ASX 200 (.AXJO) Set to Open Higher Australian shares advanced to the highest level since November 13, ending two days of losses for the local market as positive sentiment returned. The S&P/ASX 200 Index rose 41.2 points, or 0.7 per cent, to 5814.6 while the broader All Ordinaries climbed 38.6 points, or 0.7 per […]
Singapore: STI Index (.STI) could deliver attractive returns to investors Singapore’s export-driven economy is among the most vulnerable in the ongoing U.S.-China trade conflict, but major investors said its stock market could deliver attractive returns this year. “It’s very attractive and that’s one of the reasons why we’re actually overweight Singapore relative to other Asian equities,” Kelvin Tay, […]
$AA, $NKY, $COG, $CMC, $IIPR, $NOC, $SHW Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of The Street’s Key analysts outlook for Key issues for Tuesday as follows: Alcoa Corp. (NYSE:AA) was raised to Buy […]
Apple Inc. (NASDAQ:AAPL) need for aggressive iPhone price cuts Shares of Apple Inc. AAPL, -1.50% dropped 1.9% in morning trade Monday, enough to pace the Dow Jones Industrial Average’s DJIA, -0.36% decliners. Wedbush Morgan analyst Dan Ives reiterated his outperform rating and $200 stock price target, which is about 34% above current levels, but said Apple has to “aggressively” cut prices […]
Tesla, Inc. (NASDAQ:TSLA) at a cost advantage over traditional automakers Tesla won’t have a presence at this year’s Detroit Auto Show but the electric-car maker is miles ahead of the competition in three key categories, ARK Invest founder and CEO Catherine Wood told CNBC on Monday. Traditional automakers have been making sizable investments into electrifying […]
Dow Jones Industrial Average (.DJI) President Trump Predicts New Trade Deal with China U.S. stocks pared losses Monday morning after President Donald Trump predicted the United States would soon reach a comprehensive trade deal with China. The Dow Jones Industrial Average fell by as much as 230 points Monday morning, an extension of a volatile […]
Facebook, Inc. (NASDAQ:FB) still shows plenty of strength Facebook (NASDAQ:FB) and its founder and CEO, Mark Zuckerburg, are posterchildren for the hero-to-zero persona. For years, Zuckerburg was viewed as the man who connected the world through social media. And he created trillions of dollars in value for companies related to the social media space. But today […]
Twitter, Inc. (NYSE:TWTR) solid history of beating earnings estimates Overall, the bias in prices is: Upwards. The projected upper bound is: 35.76. The projected lower bound is: 28.92. The projected closing price is: 32.34. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 8 […]
Alphabet Inc. (NASDAQ:GOOG) Heffx Trading Outlook Overall, the bias in prices is: Downwards. The projected upper bound is: 1,112.81. The projected lower bound is: 976.91. The projected closing price is: 1,044.86. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 4 white candles and […]
NASDAQ Composite (.IXIC) Global Economic Slowdown While markets ended Friday’s session slightly down, the overall week finished in positive territory despite a Government shutdown that enters day 24. The Dow Jones Industrial Average closed down about 6 points lower, or less than 0.1%, at 23,995, the S&P 500 index SPX edged less than a point […]
Alibaba Group Holding Limited (NYSE:BABA) concerns about an economic slowdown in China Shares of Alibaba dipped just before market close Monday following a Wall Street Journal report citing President Michael Evans’ concerns about an economic slowdown in China. The stock closed 1.35 percent down after trading up for most of the day. “China has slowed down,” Evans said during […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Steady USD Lower Crude Oil Up Stocks Higher including Japan In Asia Notes: On the earnings front, US banks are in sharp focus with Quarterly results from JPMorgan Chase (JPM), Wells Fargo (WFC), Goldman Sachs (GS) and Morgan Stanley (MS) this week. Monday, Citigroup (C) beat profit estimates. The bank’s shares rose 4.0% and bolstered the S&P financial […]
$RACE Former F1 driver Martin Brundle turned F1 media pundit, believes “things were not right” at Ferrari last season, and that the Maranello Outfit got it right with the sacking of Maurizio Arrivabene as team principal. Lead driver Sebastian Vettel and Ferrari fought for the Y 2018 world championship but were defeated by Lewis Hamilton […]
$DIA, $SPY, $QQQ, $RUTX, $GLD, $VXX Trade tensions should not disturb your portfolio’s peace of mind. To help prevent your portfolio from becoming “trade war collateral,” consider diversifying your assets to minimize exposure. Assets like physical Gold and Silver are historically known to perform well during turmoil in such dust ups. Recently, Jim Cramer urged investors frightened […]
Shanghai: SSE Composite Index (.SSEC) among the “most investible” assets globally in 2019 After holding the title as the world’s worst performing market for two straight years, China’s A shares would be among the “most investible” assets globally in 2019, according to Invesco Great Wall. The benchmark Shanghai Composite Index lost 24 per cent last […]
Australian Dollar: USD/AUD (AUD=X) fresh concerns about the global economy The Australian dollar eased on Monday as fresh concerns about the global economy resurfaced. The main theme of the session was a weak Chinese trade report for December with imports and exports suffering the largest year-ended decline since the second half of 2016, raising renewed concern about […]
Hong Kong: HANG SENG INDEX (.HSI) ends six-day stretch of gains Shares in Hong Kong and Shanghai fell and the yuan declined as China’s weakest trade data since 2016 fueled concern about the impact of a dispute with the U.S. and slowing economy. The Hang Seng Index fell 1.4 percent, ending a six-day run of […]
Australia: S&P/ASX 200 (.AXJO) Set to Open Higher Australian shares appear set to edge higher at the open, despite rising concerns flagged by the OECD about global growth, the latest weak China economic data, a retreat in base metals and the pending UK parliamentary vote on Theresa May’s Brexit deal. ASX futures were up 9 […]
$ATVI, $CHK, $DCP, $DRI, $EA, $GLUU, $NFLX, Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of The Street’s Key analysts outlook for Key issues for Monday as follows: Activision Blizzard Inc. (NASDAQ:ATVI) was started with […]
Alphabet Inc. (NASDAQ:GOOG) pressure is mounting to change the company’s culture The board of directors at the helm of Alphabet (the listed tech company that owns Google and its subsidiaries) is being sued for allegedly protecting executives from sexual misconduct accusations. At the heart of the allegations is a New York Times report that claims Google asked for […]
Dow Jones Industrial Average (.DJI) caution ahead of major bank earnings U.S. stock-index futures dropped on caution ahead of major bank earnings and no signs the longest partial government shutdown in modern history is ending. Futures contracts on the S&P 500 Index fell as much as 0.8 percent as of 10:16 a.m. in Singapore after […]
NASDAQ Composite (.IXIC) traders cashing in on gains from the five-day winning streak The lead from Wall Street is slightly soft as stocks opened lower on Friday, staged a recovery in the afternoon but still finished barely in the red. The Dow shed 5.97 points or 0.02 percent to 23,995.95, while the NASDAQ lost 14.59 […]
Alibaba Group Holding Limited (NYSE:BABA) massive tax cut by the government presents a buying opportunity On the first trading day of the year, Apple (AAPL) announced a significant downward revision to its guidance. The reasons were slowing emerging market growth — China — and the trade war. There is another behemoth in China that may feel […]
Tesla, Inc. (NASDAQ:TSLA) Target $420 then $150 Overall, the bias in prices is: Upwards. The projected upper bound is: 380.19. The projected lower bound is: 314.83. The projected closing price is: 347.51. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 7 white candles […]
Twitter, Inc. (NYSE:TWTR) monthly user growth declined Overall, the bias in prices is: Upwards. The projected upper bound is: 36.35. The projected lower bound is: 29.41. The projected closing price is: 32.88. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 8 white candles […]
Facebook, Inc. (NASDAQ:FB) Heffx Technical Outlook Overall, the bias in prices is: Downwards. The projected upper bound is: 154.95. The projected lower bound is: 132.71. The projected closing price is: 143.83. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 7 white candles and […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, Again, the US stock market was primed to rebound, it rebounded, and there is plenty of money still on Wall Street’s sidelines. Earnings season kicks off in earnest Monday, will pay close attention to the data as it flows in hourly. Last week Wall Street focused on better to good […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Higher USD Lower Crude Oil Down Stocks Lower sans Japan In Asia Notes: On the earnings front, US banks are in sharp focus with Quarterly results from Citigroup (C) due Monday followed by JPMorgan Chase (JPM), Wells Fargo (WFC), Goldman Sachs (GS) and Morgan Stanley (MS) later in the week. Expectations are low with profits for US companies […]
$TWX, $SNE, $DIS, $VIA, $CMCSA ‘The Upside’ is a win for Kevin Hart and STXfilms; ‘Replicas’ marks a career worst for Keanu Reeves. Kevin Hart is proving his power at the box office again with the better-than-expected launch of The Upside. The dramedy beat Aquaman at the weekend with $19.6-M in a surprise victory. The Upside is also […]
Singapore: STI Index (.STI) vulnerable to a correction towards 3,120 Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 3,120.01. The projected upper bound is: 3,290.82. The projected lower bound is: 3,113.67. The projected closing price is: […]
Australia: S&P/ASX 200 (.AXJO) set to start the week on a positive note ustralian shares are poised to start the week on a positive note as investors await the start of the US reporting season for a read on the outlook for corporate profits. ASX futures up 15 points. The Australian dollar edged 0.4 per […]
Hong Kong: HANG SENG INDEX (.HSI) focus for local investors will be offshore this week Australian shares are poised to start the week on a positive note as investors await the start of the US reporting season for a read on the outlook for corporate profits. ASX futures up 15 points. The Australian dollar edged […]
$SPY, $JPM, $BAC, $C, $MS, $WFC, $MU, $NFLX Global stock markets have suffered in recent weeks on fears that economic growth, and company earnings are on the decline. Upcoming US company earnings will test this view beginning Monday with the big banks, all of which have been hammered in Y 2018. The big names due […]
$SPY The Big Q: What is a Bull Market? The Big A: A Bull Market is Not a bubble. A Bull Market is the condition of a financial market of a group of securities in which prices are rising or are expected to rise. The term “Bull Market” is most often used to refer to the stock market, but […]
The new Ferrari (NYSE:RACE) team principal, Mattia Binotto, 49 anni, now has the reins of The Scuderia’s F1 program, as he was chosen to replace Maurizio Arrivabene last Monday just 5 weeks before F1’s 1st testing in Barcelona. Mr. Binotto has taken on the most high-profile management role in motorsport. H inherited the Team that […]
$RACE Summary: Ferrari repurchased 78,055 common shares for €7.04-M till 10 January 2019, under the repurchase program announced on 28 December 2018. The company share repurchase resulted in 6.08-M common shares held in treasury as of 10 January 2019. As of the same date, the Company held 2.43% of the total issued share capital including the […]
$JPM, $MS, $BAC, $WFC, $C Y 2018 was a tough year for big US bank stocks, and they may be in for a lift if upcoming earnings releases show strong Q-4 loan growth helps to offset weak trading revenue. Some bargain hunters are also betting on stronger Y 2019 growth than current valuations imply. The […]
$KORS To stay on trend, Italian fashion houses are refashioning themselves for future growth. Luxury label Ermenegildo Zegna, which opens Fall/Winter menswear previews at Milan Fashion Week Friday, made its 1st move to expand abroad with the Zegna Group’s Summer acquisition of American brand Thom Browne. The Gianni Versace house’s entrance into the group owned […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Stocks paused to refresh Friday after being up 10.4% since Christmas Eve, earnings season begins in earnest next week, Analysts have been very negative ahead of this coming reporting frame. Earnings reports start next week with results from the big banks. And the warnings have been the most dire in […]
Twitter, Inc. (NYSE:TWTR) shares rose Thursday after Bank of America Merrill Lynch upgraded the stock Twitter shares rose Thursday after Bank of America Merrill Lynch upgraded the stock, citing increased usage by younger people and more engagement by its current users. Bank of America raised the stock to buy from neutral and took the firm’s […]
Facebook, Inc. (NASDAQ:FB) stock is poised to jump tremendously in 2019 Social media giant Facebook (NASDAQ:FB) had a rough 2018, as it was hit by data-privacy scandals, regulation crackdowns, slowing revenue growth, compressing margins, plenty of bad press, and a falling stock. But FB still owns the four most-widely-used-internet properties in the world. Each of them has over […]
$BA, $CTWS, $STXZ, $DELL, $DG, $DLTR, $DHI, $EMV, $LMT Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of The Street’s Key analysts outlook for Key issues for Friday as follows: Boeing Co. (NYSE:BA) was started […]
Dow Jones Industrial Average (.DJI) exit correction territory as stocks extend winning streak The Dow Jones Industrial Average and the S&P 500 exited correction territory Thursday, with the stock market rising for a fifth session in a row as Federal Reserve Chairman Jerome Powell reiterated the central bank’s commitment to proceeding with caution on the […]
Alibaba Group Holding Limited (NYSE:BABA) came under pressure in 2018, partly due to concerns about the trade war Alibaba (NYSE:BABA), like many Chinese and technology stocks, came under pressure in 2018, partly due to concerns about the trade war. And in the past few weeks, the strengthening U.S. dollar and reports of a potential cooling of […]
NASDAQ Composite (.IXIC) Heffx Trading Review Overall, the bias in prices is: Downwards. The projected upper bound is: 7,381.27. The projected lower bound is: 6,583.62. The projected closing price is: 6,982.44. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 7 white candles and […]
Alphabet Inc. (NASDAQ:GOOG) shareholder are suing the board of directors for allegedly covering up sexual misconduct claims against top executives Attorneys in San Francisco representing an Alphabet shareholder are suing the board of directors for allegedly covering up sexual misconduct claims against top executives. The suit comes months after an explosive New York Times report […]
Apple Inc. (NASDAQ:AAPL) wearable devices can give consumers “a bigger role” in their health and preventative care Apple CEO Tim Cook’s vision for health-care services has gotten a stamp of approval from a past chief of the tech giant. John Sculley, who helmed the company from 1983 to 1993, told CNBC on Thursday that Cook […]
Tesla, Inc. (NASDAQ:TSLA) Breaks Ground for Gigafactory in China A number of auto companies reported sales figures for 2018 in the past week. Favorable economic conditions, along with growing consumers’ appetite for spacious vehicles, aided the industry to record annual new-vehicle sales of 17.27 million in 2018, marking a yearly increase of 0.3%. Buyers continued […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Higher USD Lower Crude Oil Down Stocks Higher sans Japan In Asia Gold: Gold prices climbed Friday as USD retreated on expectations the Fed will pause interest rate hikes if the US economy slows this year, while investors awaited news on progress in the US-Chinatrade talks. Spot gold rose 0.6% to $1,293.55 oz as at 0604 GMT, heading […]
$RACE If you have a lot of money and you are a real Ferrari clienti you can commission a Supercar of your own through the company’s Special Projects division. That’s what the owner of this 1-off example did, and now he has put it up for auction with RM Sotheby’s (NYSE:BID) in Paris next month, The only […]
$DIA, $SPY. $QQQ, $RUTX, $VXX No recession in sight, No rate hikes ahead. Thursday, Federal Chairman Jerome Powell said the US central bank has the ability to be patient on policy given inflation is stable, allowing it to assesses whether the US economy will slow this year as some in financial markets worry.initial comments boosted […]
Australia: S&P/ASX 200 (.AXJO) enjoying a strong start to the year “It’s been a reasonable start to the year,” said Atlas Funds Management chief investment officer Hugh Dive. “We’re still in that quiet period [before earnings season] where macro factors will have a big impact. We were down a bit earlier today but there’s a […]
Hong Kong: HANG SENG INDEX (.HSI) firm on continued trade optimism and surging crude oil prices The Hong Kong stock market has climbed higher in four straight sessions, gathering almost 1,400 points or 5.5 percent along the way. The Hang Seng Index now rests just above the 26,460-point plateau and it’s expected to open higher […]
Singapore: STI Index (.STI) market settles after rallying on US-China trade hopes Asian markets were mostly lower Thursday as U.S. and Chinese officials wrapped up three days of talks in Beijing without significant breakthroughs. Japan’s Nikkei 225 index, which closed up 1.1 percent on Wednesday, retreated 1.4 percent to 20,141.93. The Kospi in South Korea […]
Shanghai: SSE Composite Index (.SSEC) lower-than-expected Chinese inflation data Asia markets mostly slipped on Thursday following lower-than-expected Chinese inflation data while investors digested the conclusion of a three-day trade negotiation between the Beijing and Washington. Mainland Chinese markets, watched by investors in relation to the ongoing trade war, experienced a turbulent trading day that saw […]
$AKAM, $ADSK, $BAC, $CGC, $CIT, $CLG, $CL, $DE, $NKE, $NBL, $TLRY Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of The Street’s Key analysts outlook for Key issues for Thursday as follows: Akamai Technologies Inc. […]
Dow Jones Industrial Average (.DJI) appear in position to exit correction territory A new year, a new market. The Dow Jones Industrial Average and the S&P 500 appear in position to exit correction territory if a multiday rally on risk assets continues apace. The Dow DJIA, +0.39% and the S&P 500 SPX, +0.41% marked a fourth straight gain, at least partly […]
Alibaba Group Holding Limited (NYSE:BABA) Trending Higher Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a correction towards 148.23. The projected upper bound is: 164.27. The projected lower bound is: 139.86. The projected closing price is: 152.07. Candlesticks A white body occurred (because prices closed higher than they opened). […]
NASDAQ Composite (.IXIC) optimism over signs of progress in U.S.-China trade talks U.S. stocks rose for a fourth straight day on Wednesday, as gains in energy and technology stocks added to optimism over signs of progress in U.S.-China trade talks. The S&P technology index rose 1.07 percent, boosted by Microsoft Corp, Apple Inc and chipmakers. […]
Tesla, Inc. (NASDAQ:TSLA) will stop selling the lowest-priced versions of its Model S sedans and Model X SUVs Tesla will stop selling the lowest-priced versions of its Model S sedans and Model X SUVs from Monday, the automaker’s CEO Elon Musk wrote in a tweet late on Wednesday. The Model S and X are Tesla’s […]
Alphabet Inc. (NASDAQ:GOOG) Heffx Trading Outlook Overall, the bias in prices is: Downwards. The projected upper bound is: 1,146.21. The projected lower bound is: 1,002.27. The projected closing price is: 1,074.24. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 5 white candles and […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Higher USD Lower Crude Oil Down Stocks Higher sans Japan In Asia Gold: Gold prices rose Thursday as expectations that the Fed will pause its rate tightening cycle this year. Spot gold was up 0.2% at $1,295.84 oz as of 0556 GMT, hanging near Friday’s at $1,298.42, a mark last seen in mid-June 2018. US gold futures gained […]
John Hussman, PhD, aka The Perma-Bear: “At its core, investment is about valuation. It’s about purchasing a stream of expected future cash flows at a price that’s low enough to result in desirable total returns, at an acceptable level of risk, as those cash flows are delivered over time. The central tools of investment analysis […]
$RACE The Big Q: Can Ferrari really rally back to $153/share and higher? The Big A: Shares of Ferrari are participating in this rally and racing higher since bottoming at 93.85 on 27 December and reversing. The shares gaped up on the open and finished at 111.19 on Wednesday, 9 January in NY, or 2.40% […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Chicago Fed President Charles Evans (FOMC voter) expects rate hikes to continue, adding that the Fed can show some patience before resuming rate hikes. Boston Fed President (FOMC voter) Eric Rosengren does not rule out changes to the pace of balance sheet reduction on a slowdown. Fed policymakers said last […]
Shanghai: SSE Composite Index (.SSEC) optimism around the United States and China moving closer to a trade deal China stocks closed higher on Wednesday on optimism around the United States and China moving closer to a trade deal, and Beijing encouraging consumer spending amid economic slowdown. The blue-chip CSI300 index ended up 1.0 percent at […]
Singapore: STI Index (.STI) ride out any volatility in 2019 while positioning for a market recovery In a year beset by trade conflicts, weakening growth in China and Brexit uncertainties, Singapore’s Straits Times Index lost 9.8 per cent, but still outperformed the MSCI Asia ex-Japan index in 2018. Singapore stocks are poised to extend gains […]
Hong Kong: HANG SENG INDEX (.HSI) progress toward ending their trade war and a Beijing official indicated new policies are coming to boost domestic consumption The Hang Seng Index rose 2.3 per cent, or 586.87 points, to 26,462.32, while the Hang Seng China Enterprises Index gained 2.2 per cent, or 224.47 points, to 10,358.21. On […]
Australia: S&P/ASX 200 (.AXJO) heading towards a higher open Australian shares are heading towards a higher open on optimism progress is being made between US and Chinese officials at trade talks in Beijing. ASX futures were 20 points higher at 8.45am AEDT, extending earlier modest gains. “We maintain our view that both sides have every incentive […]
$CMG, $MNST, $JWN, $NOK, $NUE, $NVDA, $OAS, $XLNX Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of The Street’s Key analysts outlook for Key issues for Wednesday as follows: Chipotle Mexican Grill Inc. (NYSE:CMG) was […]
Twitter, Inc. (NYSE:TWTR) Buy on Dips Overall, the bias in prices is: Sideways. The projected upper bound is: 35.77. The projected lower bound is: 28.00. The projected closing price is: 31.89. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 7 white candles and […]
Alphabet Inc. (NASDAQ:GOOG) Seeing Huge Gains in January After a Rough December The stock market shook off a late morning malaise to post another strong gain today. The Dow and Nasdaq Composite indexes were both up more than one percent and the S&P 500 index gained 0.97 percent, marking the first three-day win streak for […]
Dow Jones Industrial Average (.DJI) investors remained cautiously optimistic Washington and Beijing could move forward on a trade deal Stocks rose on Tuesday as large tech companies like Apple and Amazon outperformed while investors remained cautiously optimistic Washington and Beijing could move forward on a trade deal. The Dow Jones Industrial Average gained 256.10 points to close […]
Apple Inc. (NASDAQ:AAPL) China sales are dragging on revenue due to the trade war For the first time in 16 years, Apple (AAPL) pre-released guidance on earnings – and it’s not good. In a letter to shareholders, CEO Tim Cook issued lower earnings guidance for the quarter. Revenue was anticipated to be ~$92 billion for the […]
NASDAQ Composite (.IXIC) vulnerable to a correction towards 7,092.69 Tuesday’s session closes with the NASDAQ Composite Index at 6,897. The total shares traded for the NASDAQ was over 2.3 billion. Advancers stocks led declining by 2.15 to 1 ratio. There were 2134 advancers and 993 decliners for the day. On the NASDAQ Stock Exchange 21 […]
Facebook, Inc. (NASDAQ:FB) gains after JPMorgan predicts strong turnaround Facebook (FB) got a new lease of life this week after JPMorgn came up with an exceptionally bullish outlook on the company. Defying the negative sentiment on its prospects this year, with several experts predicting a further deterioration, the brokerage firm Tuesday said Facebook’s stock is […]
Alibaba Group Holding Limited (NYSE:BABA) E-Commerce Business Should Boost BABA Stock BABA’s e-commerce platforms continue to grow at a solid pace. In the third quarter, the segment’s revenues jumped 56% year-over-year to $10.5 billion. The number of consumers who used the platform during the previous year jumped 25 million versus Q2 to a total of […]
Tesla, Inc. (NASDAQ:TSLA) Model 3 was the best-selling luxury car of 2018 Tesla navigated a bumpy road in 2018 — a year that saw CEO Elon Musk step down as chairman as part of an SEC settlement over fraud charges, while the electric automaker also faced criticism over working conditions and production delays. But, the past year also had good […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Lower USD Lower Crude Oil Up Stocks Higher In Asia Note: US President Donald Trump wrote on Twitter overnight that “Talks with China are going very well!” Gold: Gold treads lower on improved risk appetite, while Palladium marks record highs Spot gold slipped 0.2% to $1,282.61 oz by 0600 GMT, and US gold futures settled down 0.1% at […]
BP (NYSE:BP) said it has discovered 2 new oilfields in the Gulf of Mexico and has identified an additional billion barrels of Crude Oil at an existing field thanks to new seismic technology. The British company recently turned a corner following the deadly Y 2010 Deepwater Horizon spill Tuesday announced plans to expand production at […]
$RACE Maurizio Arrivabene leaves his post as Team Principal of Ferrari, clearly the biggest job in F1, just after a little over 3 years at The Scuderia. Mattia Binotto, the Technical Director and Ferrari lifer, takes his place. The writing was on the wall It is widely believed that Sergio Marchionne had decided early last […]
$DIA,$SPY,$QQQ, $RUTX, $VXX US and China pare trade differences, talks extend Improved investor sentiment helps lift stocks S&P 500 rally extends, up for 5th time in last 6 sessions From The Street JPMorgan Chase Chairman and CEO Jamie Dimon sees “decent growth” this year and said the recent stock-market plunge was an overreaction. “I think […]
Shanghai: SSE Composite Index (.SSEC) Investors Cautious China stocks were lower after the close on Tuesday, as losses in the Life Insurance, Media and Software & Computer Services sectors led shares lower. At the close in Shanghai, the Shanghai Composite declined 0.26%, while the SZSE Component index fell 0.12%. The best performers of the session […]
Singapore: STI Index (.STI) markets uncertain about Sino-U.S. trade deal Asian stock markets closed mixed Tuesday, as investors watched the second day of trade negotiations between the U.S. and China. While the midlevel talks, held in Beijing, were not expected to produce a deal, there was hope that they would lead to higher-level negotiations that […]