$ALK, $BIDU, $BK, $CHWY, $SPLK, $TSLA 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 stocks analysts have singled out to look at carefully Tuesday, as follows: Alaska Air Group Inc. (NYSE:ALK) was reiterated as […]
$GLD, $XAU, $XAG, $USD, $UGLD, $NUGT, $NEM, $GOLD Ongoing trade tensions between the US and China, along with geopolitical tension in the Middle East, have underpinned gold prices throughout most of Y 2019. Plus, a weakening USD this year brought about by 3 Fed interest rate cuts has helped support the precious Yellow metal, as the two assets […]
$DIS, $RACE, $F, $RL Here is how the pick-up team (I knew them all) behind Ford v Ferrari, the ’60’s epic 24 Hours of Le Mans race,s got the cars ready for their close-ups. The new movie Ford v Ferrari coming to theaters in NA on 15 November stars Christian Bale and Matt Damon and the iconic racing […]
$DIA, $SPY, $QQQ, $RUTX, $VXX US stocks should rise into year-end on stabilizing economic growth and increased chances for a tariff rollback, according to strategists at Evercore ISI. Valuations are likely to remain near current marks as financial conditions will probably remain easy, and given earnings estimates for the S&P 500 Index into Y 2020, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Risk is on, sidelined money coming back in and the market is posting record highs almost on a daily basis. The earnings news is providing its share of trading catalysts, but the macro news is mattering more as a market driver because the macro connection with the employment report, earnings […]
$BPX, $GPS, $HL, $QCOM, $WMT, $DIS 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 stocks analysts have singled out to look at carefully Monday, as follows: Boston Properties Inc. (NYSE:BXP) was started with a […]
$XAU, $GLD, $IAU, $UGLD Exchange-traded funds (ETFs) give traders access to the price movements of gold without having to buy physical gold. Instead, the ETF does this for the investor. Gold ETFs are typically structured as trusts. Under this structure, the ETF holds a certain amount of gold for each share of the ETF issued. Buying […]
Ferrari’s (NYSE:RACE) F1 car development has “exceeded expectations” this season and the amount of downforce it has added has had knock-on effects, says team boss Mattia Binotto. The team started Y 2019 with a car that had less peak downforce than its chief rival MercedesAMG as Ferrari pursued a lower-drag concept to give it a […]
$AAP, $CBS, $TSN, $PBR, $TLRY, $NTAP, $CSCO, $WMT, $NVDA, $AMAT, $JCP Q-3 earnings reporting season is starting to wind down, there are some more major companies posting results in the coming weeks. Here are some of the prominent reports expected this week, as follows: These are estimates, earnings and revenue estimates may change ahead of […]
$LGF, $VIA, $CMCSA, $DIS, $AMZN ‘Doctor Sleep‘ snoozed in $14.1-M, ‘Playing With Fire‘ Topped ‘Last Christmas‘ in the weeknd’s 2nd upset. Veterans Day weekend is light at the NA box office as the new movies disappointed. The World War II epic Midway may have topped the chart with a better-than-expected $17.5-M from 4,086 theaters in a surprise […]
$GLD, $XAU, $USD Gold markets broken down significantly last week, marking well below the $1500 mark, a very negative sign, but when you look at the weekly chart, you can see a bullish flag. But, this market needs to save itself quickly or it will be serious technical trouble. The $1450 mark will continue to keep […]
$RACE On a historically track difficult for Ferrari (NYE:RACE), the 488 GTE # 51 of AF Corse, crewed by Alessandro Pier Guidi and James Calado, started from the 2nd row in the 4 Hours of Shanghai in Season 8 of the FIA World Endurance Championship. LMGTE Pro. After waiting a few mins before taking to […]
$RACE Since taking over as CEO Louis Camilleri has largely shunned the spotlight, shunning the media and commenting publicly about the business only during Quarterly conference calls and once at the presentation of its new 5 year industrial plan. Being a tobacco executive offered relevant lessons for running Ferrari, Mr. Camilleri said in his 1st […]
$BMWYY After all, the Silver RR emblem Rolls-Royce, a unit of BMW (OTC:BMWYY) is known for does stand as a symbol, not just in the automotive world but other areas too. The Black Badge series’ have proven a success. The Dawn was added to the list and now the Cullinan joins the club following the same line […]
$RACE Ferrari’s (NYSE:RACE) market has evolved, and the iconic Italian Supercar maker has confirmed it is developing its 1st high-riding model. And it is shaping up to be unlike any other on the market. The notion of a Ferrari-badged SUV (FUV) is controversial, even deep inside the company’s HQ’s, but making 1 is a guaranteed […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Friday, the 3 major US stock market indexes posted record closing highs and the S&P 500 registered a 5th straight week of gainers as investors brushed aside worries over the progress of US-China trade talks and as Walt Disney shares rose. The Cboe volatility index .VIX posted its lowest closing […]
The Walt Disney Company (NYSE:DIS) reported better-than-expected quarterly results Walt Disney Co. on Thursday reported better-than-expected quarterly results, fueled by the release of blockbuster films “Aladdin” and “The Lion King” as it prepared for its new streaming television service. Disney profit in the recently ended quarter was $1.05 billion, down from $2.3 billion a year […]
Rapper Drake has partnered with Canopy Growth on a new cannabis venture, the company announced Thursday, expanding the Canadian pot giant’s list of celebrity backers. He joins Seth Rogen, Evan Goldberg, Martha Stewart and Snoop Dogg in partnering with Canopy Growth. The new company, More Life Growth Company, will be based in Drake’s hometown of […]
Dow Jones Industrial Average (.DJI) Record High On China News As This Key Stock Breaks Out The Dow Jones industrials soared 0.9%, the Nasdaq rose 0.8% and the S&P 500 gained 0.6%. Small caps tracked by the Russell 2000 were up nearly 0.7%. Volume was tracking lower on both exchanges vs. the same time Wednesday. […]
Amazon.com, Inc. (NASDAQ:AMZN) New Grocery Chain Shouldn’t Worry Rivals — Yet Reports last month that Amazon.com (NASDAQ: AMZN) had signed leases for its new grocery store chain that is separate from Whole Foods failed to disturb its rivals in the way that prior announcements of its moves into physical retail have. While that’s partly because the original news […]
GrowLife, Inc. (OTC:PHOT) Technical Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 0.00. The projected upper bound is: 0.00. The projected lower bound is: 0.00. The projected closing price is: 0.00. Candlesticks A white body […]
Twitter, Inc. (NYSE:TWTR) lower after Evercore ISI analyst Kevin Rippey cut his rating on the stock to underperform from in-line Shares of Twitter Inc. TWTR, -1.66% are off 1.6% in premarket trading Thursday after Evercore ISI analyst Kevin Rippey cut his rating on the stock to underperform from in-line. “While we believe 3Q’s specific tech […]
Tesla, Inc. (NASDAQ:TSLA) receives a stamp of approval from S&P Global Ratings Tesla stock (NASDAQ:TSLA) received a stamp of approval from S&P Global Ratings on Wednesday, with the firm revising its outlook on the electric car maker’s bonds from “Negative” to “Positive.” The revised outlook came as a result of Tesla’s stronger-than-expected cash flow and […]
Alphabet Inc. (NASDAQ:GOOG) cloud computing and wearables could help move the needle Alphabet (NASDAQ:GOOG) stock is holding steady thanks to the announced Fitbit (NYSE:FIT) acquistion. Prior to this announcement, shares fell from their 52-week high of $1,299.31 to as low as $1250.84 per share due to an earnings miss on Oct. 28. But thanks to this potentially game-changing deal, […]
$C, $COMM, $CVS, $ELAN, $EMR, $EXPE, $QCOM, $WYNN, $YETI 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 stocks analysts have singled out to look at carefully Friday, as follows: Citigroup Inc. (NYSE:C) was reiterated […]
$RACE Shares of the iconic Italian Supercar maker Ferrari (NYSE:RACE) hit an all-time high earlier this week after the company increased its F-Y guidance following strong Q-3 earnings. The Quarter’s operating profit rose 12% from a year ago, to 227 million euros ($251 million), on sales increases in Europe and Asia. Following the strong results, the company boosted its […]
Shanghai: SSE Composite Index (.SSEC) May Test Resistance At 3,000 Points The China stock market ticked higher again on Thursday, one day after it had halted the three-day winning streak in which it had gathered more than 60 points or 2 percent. The Shanghai Composite Index remains just beneath the 2,980-point plateau and it’s got […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The DJIA and S&P 500 notched record closing highs again Thursday, as President Trump continues to cheer as the market continues to charge higher into record territory. “Stock Markets (all three) hit another ALL TIME & HISTORIC HIGH yesterday! You are sooo lucky to have me as your President (just kidding!). […]
$AEMC Wonderfilm Announces $50-M in Production Funds in talks with Archer Entertainment to Produce Films & TV Programs The Wonderfilm Media Corporation (WDRFF), a producer of high-quality feature films and episodic television with international appeal has announced an $50-M asset-backed debt facility designed to escalate the pace of the Company’s revenue and increase overall production […]
Singapore: STI Index (.STI) investors look for concrete details in a possible trade agreement between the United States and China The Singapore stock market has finished higher in three straight sessions, rising almost 35 points or 1 percent along the way. The Straits Times Index now rests just above the 3,260-point plateau although it may […]
Australia: S&P/ASX 200 (.AXJO) expected to rise The S&P/ASX 200 index returned to form on Thursday and pushed notably higher. The benchmark index finished the day 1% higher at 6,726.6 points. Will the local share market be able to build on this on Friday? Here are five things to watch: ASX 200 expected to rise. […]
Hong Kong: HANG SENG INDEX (.HSI) trading higher on reports China and the US have agreed on a plan to roll back additional tariffs in phases Hong Kong stocks turned up in late trading Thursday on reports China and the US have agreed on a plan to roll back additional tariffs in phases, a potentially […]
NASDAQ Composite (.IXIC) has again been hit by trade jitters US stocks ended little changed on Wednesday as a report the US-China trade deal could be delayed until December was offset by gains in healthcare shares. The Nasdaq broke a three-day string of record closing highs, and the Dow barely snapped its two-day run of […]
Baidu, Inc. (NASDAQ:BIDU) beat revenue estimates in its latest quarter but still posted a net loss Chinese internet search leader Baidu beat revenue estimates in its latest quarter but still posted a net loss, which it blamed largely on equity investments that fared poorly. The Beijing-based search leader said its total revenues in the third […]
Facebook, Inc. (NASDAQ:FB) delivers a blowout quarter Facebook has had its share of tough issues to manage over the past year. The company continued to deal with the fallout from its involvement in a data breach scandal related to the 2016 U.S. presidential election that affected millions of Facebook accounts. The tech giant had to pay a […]
Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk said he will unveil the Tesla Cybertruck pickup truck on Nov. 21 at an event in Los Angeles Tesla CEO Elon Musk on Wednesday said Tesla will unveil the Cybertruck, its pickup truck on Nov. 21 in Los Angeles. Musk also tweeted that it’s the location and month in the […]
$BLK, $CI, $FL, $GWPH, $LULU, $THC 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 stocks analysts have singled out to look at carefully Thursday, as follows: BlackRock Inc. (NYSE:BLK) was upgraded to Buy from […]
$RACE Ferrari’s (NYSE:RACE) landmark tie-up with Giorgio Armani will offer clothing and accessories more refined and artisanal than anything currently licensed with the brand’s iconic Scuderia mark. The iconic Italian Supercar maker’s CEO Louis C. Camilleri, announced Monday during its Q-3 earnings call with investors that Ferrari had entered a “long-term manufacturing agreement” with luxury […]
$DIA, $SPY, $QQQ, $VXX The stock market closed flat to little changed Wednesday, marking the 2nd straight day for the Bull’s pause to refresh near record highs. The S&P 500 (+0.1%), DJIA (unch), and NAS Comp (-0.3%) closed within 0.3% of their flat lines, the Russell 2000 (-0.6%) lagged. Wednesday, the DJIA -0.07 at 27492.60, NAS Comp -24.05 at 8410.63, S&P 500 […]
National Australia Bank announced Thursday that its profits fell more than 13 percent in 2019, the latest in a string of poor results for the country’s banks as they address years of rampant malpractice. A damaging industry scandal has forced NAB and Australia’s other major banks to allocate billions of dollars to repay customers for […]
Shanghai: SSE Composite Index (.SSEC) Investors watch for market reaction to overnight developments on U.S.-China trade Shares in Asia Pacific were mixed in Thursday morning trade amid reports of a potential delay in the signing of a U.S.-China trade deal. Mainland Chinese stocks were mixed in early trade, with the Shanghai composite down around 0.2% […]
Singapore: STI Index (.STI) Continuation of Uptrend Most stock markets in the region traded flat or lower on Wednesday as investors waited for more developments on US-China trade, but Singapore bucked the trend, boosted by bright spots in corporate earnings. Local shares rose for a third straight session, with the Straits Times Index closing at […]
Hong Kong: HANG SENG INDEX (.HSI) investors bag profits while waiting for fresh news on US-China trade negotiations The Hang Seng Index extended a winning streak to a fifth day, eking a teensy gain as investors bagged profits while waiting for fresh news on US-China trade negotiations. China stocks ended down. The Hang Seng rose […]
Alibaba Group Holding Limited (NYSE:BABA) stock looks attractive given the company’s upside potential from here Alibaba (NYSE:BABA) posted solid earnings and cash flow growth for the September 2019 quarter. Alibaba stock looks attractive given the company’s upside potential from here. Analysts put the stock’s potential at $200 per share, up almost 14% from today’s price. According […]
NASDAQ Composite (.IXIC) continue to hit record highs It’s the market that continues mostly upward, even though there’s still plenty to worry about. The Dow Jones industrial average and the Nasdaq closed at record highs yet again Tuesday, and the S&P 500 closed barely below the all-time high it reached a day earlier. The gains […]
Apple Inc. (NASDAQ:AAPL) dedicated ad agency is cutting staff Apple’s dedicated ad agency is cutting staff. Media Arts Lab, a unit within Omnicom Group agency TBWA that’s dedicated to Apple advertising, laid off several staffers Monday. The company wouldn’t say how many were laid off, but a report from Bloomberg, which first broke the news, […]
Alphabet Inc. (NASDAQ:GOOG) Innovation at a Reasonable Price Like Apple, Alphabet is an innovative company and its innovative DNA extends beyond its core competency of internet search. Even with a sprawling business model that touches various disruptive themes, such as artificial intelligence, cloud computing, autonomous vehicles and Internet of Things (IoT), Google stock isn’t excessively […]
Japanese giant SoftBank Group suffered an operating loss of $6.4 billion in the second quarter, it said Wednesday, as investments in start-ups such as WeWork and Uber took a massive hit. In the three-month period ending September 30, operating losses hit a whopping 704.4 billion yen ($6.4 billion). The firm said first-half operating losses from […]
Dow Jones Industrial Average (.DJI) stocks extend record highs amid powerful cyclical rally The Dow Jones Industrial Average rose slightly to a fresh record on Tuesday, lifted by strong economic data and new developments between the U.S. and China on trade. The 30-stock gauge gained about 30.52 points, or 0.1%, to a new record closing […]
A Merger between Fiat Chrysler and Peugeot owner PSA Group marks the beginning of the end of Elon Musk’s dominance in the electric-vehicle space Tesla has been put on notice. The $50 billion merger between Fiat Chrysler and Peugeot owner PSA Group marks the beginning of the end of Elon Musk’s dominance in the electric-vehicle […]
$APO, $BYND, $BOOT, $CB, $CI, $SPNK, $HD, $LOW 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 stocks analysts have singled out to look at carefully Wednesday, as follows: Apollo Global Management Inc. (NYSE:APO) was […]
$RACE People are asking, can RACE sustained Monday’s move? Monday, Ferrari (NYSE:RACE) announced an EPS beat of 0.04 and a Top-line beat of over $25+M. On Top of the earnings results, management raised guidance for the year as Supercar shipments for the Quarter rose by a healthy 9%. In the technical chart there is a large gap […]
$DIA, $SPY, $QQQ, $RUTX, $VXX “Efforts to stimulate global economies are boosting equities in a way I have never seen before.”– Paul Tudor Jones Mr. Jones also said Tuesday that next year’s Presidential election “will be more meaningful than any in my lifetime.” Governments and central bankers from Japan to the US are taking steps […]
DAX PERFORMANCE-INDEX (.GDAXI) Technical Levels to Watch DAX positive momentum keeps pushing the index to fresh yearly highs with small daily corrections making lower lows and higher highs as the Dax benchmark trades above all major daily moving averages and inside the ascending channel which started back in December 2018. Dax has reached overbought levels […]
Singapore: STI Index (.STI) share benchmarks across most countries bucked the “October effect” Share benchmarks across most countries bucked the “October effect”, with the Straits Times Index (STI) posting a 4 per cent monthly gain, the Singapore Exchange (SGX) noted yesterday. Trading was affected by a week-long national holiday in China and the announcement of […]
Shanghai: SSE Composite Index (.SSEC) investors cheered Beijing’s latest policy easing to boost the economy Chinese stocks extended a rally into a third session on Tuesday, as investors cheered Beijing’s latest policy easing to boost the economy after a private survey showed sluggish growth in the domestic services sector. The blue-chip CSI300 index .CSI300 ended up 0.6% […]
UK FTSE 100 (.FTSE) investors wait for another trade deal update The FTSE 100 index closed higher after a fairly subdued session on Tuesday with US stocks happy to consolidate around recent record levels awaiting more news on trade talks. At the close, the UK blue-chip index was up 18.39 points, or 0.3% at 7,388.08, […]
Hong Kong: HANG SENG INDEX (.HSI) stock gains come despite protests, economic concerns Signs of euphoria are showing in Hong Kong’s stock market as investors brush off five months of protests and an economic recession. The Hang Seng Index is up 11% from August’s intraday low and back through the key 27,000-point level. The rally is […]
Australia: S&P/ASX 200 (.AXJO) flirting with confirming bullish break out pattern Positioning in Australia’s benchmark ASX 200 stock index is similarly eye-catching. Prices are hovering within a hair of what could be the top a Symmetrical Triangle pattern. If confirmed on a daily close above the 6775.60, the setup would carry bullish continuation implications. Initial […]
NASDAQ Composite (.IXIC) higher as hopes of a U.S.-China trade deal and an improving domestic economy boosted risk appetite Technology stocks pushed Wall Street’s three main indexes to record highs on Monday, as hopes of a U.S.-China trade deal and an improving domestic economy boosted risk appetite. Washington and Beijing said on Friday they had […]
Fitbit acquisition gives Alphabet Inc. (NASDAQ:GOOG) a bridge to the $3 trillion health care market Alphabet GOOGL, owner of Google, announced last week that it would be acquiring wearable fitness company Fitbit FIT, for roughly $2.1 billion. The move ramps up the competition in the wearables space as tech giants elbow for market share. Google’s Silicon Valley […]
Apple Inc. (NASDAQ:AAPL) is fleshing out ideas for an eccentric iPhone that would include a glass screen that wraps all the way around the smartphone Apple is fleshing out ideas for an eccentric iPhone that would include a glass screen that wraps all the way around the smartphone, according to new patent claims filed by […]
The Boeing Company (NYSE:BA) Starliner crew capsule successfully performed an emergency abort test Boeing’s Starliner crew capsule successfully performed an emergency abort test Monday, meeting a key requirement before it can take US astronauts to the International Space Station as early as next year. The test took place in the New Mexico desert at the […]
Dow Jones Industrial Average (.DJI) stocks propelled higher as optimism about a near-term U.S.-China trade resolution The Dow Jones Industrial Average joined other major indexes in record territory Monday, with stocks propelled higher as optimism about a near-term U.S.-China trade resolution and a third-quarter earnings season that has been better than feared buoyed sentiment on […]
Hong Kong’s economic woes showed no sign of easing Wednesday after a key measure of business confidence fell to its lowest level in more than a decade as the city reels from the global trade war and violent democracy protests. The Purchasing Managers Index — which measures the health of the private sector — dropped […]
Alibaba Group Holding Limited (NYSE:BABA) breaking out as trade progress between the U.S. and China hits the headlines again Chinese stocks are breaking out as trade progress between the U.S. and China hits the headlines again. The FXI China large-cap ETF soared more than 1% on Monday, adding to 2% gains seen at the end […]
$BABA, $T, $BAC, $BA, $ITT, $LULU, $YETI 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 stocks analysts have singled out to look at carefully Tuesday, as follows: Alibaba Group Holding Ltd. (NYSE:BABA) was down […]
$XAU, $SLV, $GLD, $GOLD, $CPNFF, $NEM, $KL, $RIO, $WPM, $CG After 1 of the most geopolitically charged years in recent memory, gold is now set to soar Prices began to bounce back in Y 2019, and as trade wars and conflict in the Middle East took hold, investors started racing back to their favorite safe haven […]
$RACE Ferrari (NYSE:RACE) to capitalise on brand as it promises to deliver faster growth Strong sales of Ferrari’s Portofino and 812 Superfast models enabled the Italian luxury carmaker to raise its outlook Monday, with a new brand strategy promising even more growth. Ferrari’s Milan-listed shares rose as much as 7.4% to an all-time high of […]
$DIA, $SPY, $QQQ, $RUTX, $VXX President Donald Trump again cheered as all 3 of the major Wall Street’s indexes posted record closing highs Monday, extending a recent run of gainers, on prospects of a US-China trade deal and an improving US economy. It was the 2nd consecutive session of closing records for the S&P 500 […]
Shanghai: SSE Composite Index (.SSEC) helped by increasing optimism about the prospects for a Sino-U.S. trade deal China stocks ended higher on Monday, helped by increasing optimism about the prospects for a Sino-U.S. trade deal. The blue-chip CSI300 index rose 0.7% to 3,978.12, while the Shanghai Composite Index added 0.6% to 2,975.49. The United States […]
UK FTSE 100 (.FTSE) reaching new peaks on hopes that the US and China may sign a provisional trade deal this month to end the lengthy wrangling FTSE 100 index closed up as US shares hit new record highs, including the Dow Jones Industrial Average. Shares stateside are reaching new peaks on hopes that the […]
Singapore: STI Index (.STI) market tipped to open firmly higher The Singapore stock market gave up less than a single point on Friday, but that was enough to end the five-day winning streak in which it had advanced more than 80 points or 2.7 percent. The Straits Times Index remains just beneath the 3,230-point plateau […]
DAX PERFORMANCE-INDEX (.GDAXI) bullish momentum holding well with small daily corrections DAX bullish momentum holds well with small daily corrections making lower lows and higher highs as the Dax benchmark trades above all major daily moving averages and inside the ascending channel which started back in December 2018. On the upside where traders focus shifted, […]
Hong Kong: HANG SENG INDEX (.HSI) soar to their highest level in over three months Hong Kong stocks soared to their highest level in over three months on Monday, while China markets also climbed, as investors piled in on signs of US-China trade deal progress and the mainland regulator’s vow to reform the A-share market. […]
Australia: S&P/ASX 200 (.AXJO) Trading Higher Australia stocks were higher after the close on Monday, as gains in the Metals & Mining, Materials and Resources sectors led shares higher. At the close in Sydney, the S&P/ASX 200 rose 0.27%. The best performers of the session on the S&P/ASX 200 were NRW Holdings Ltd (ASX:NWH), which […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 trades at 17.3X forward 12-month earnings. That is a small premium to the 5-year average of 16.6X according to FactSet. It is an acceptable premium in light of where interest rates are. And it is not as rich as where things were at the start of Y […]
NASDAQ Composite (.IXIC) major averages rise to these major risky levels it’s time to reduce allocations to stocks to the minimum percentages in your investment guidelines The S&P 500 set its all-time intraday high of 3,066.95 as November begins with its quarterly and monthly risky levels at 3,076.9 and 3,089.5, respectively. The Nasdaq Composite set […]
Asian markets rallied Monday following a forecast-busting US jobs report, and on growing optimism that China and the United States will finally sign off on a mini trade pact. Investors took their lead from another record-breaking close on Wall Street, which came at the end of a strong week for equities thanks to strong earnings […]
McDonald’s Corporation (NYSE:MCD) has fired Chief Executive Steve Easterbrook for violating company policy by having a consensual relationship with an employee McDonald’s said Sunday that it has fired Chief Executive Steve Easterbrook for violating company policy by having a consensual relationship with an employee. The company said in a release that the board determined Easterbrook […]
Apple Inc. (NASDAQ:AAPL) Is an iPhone subscription coming? iPhone generally represents at least half of Apple (NASDAQ: AAPL) revenue, and the smartphone has been struggling. Even with over a week of sales of Apple’s newest iPhones in its most recent quarter, the important segment’s revenue was down during the period. CEO Tim Cook tried to frame that in […]
Fitbit to Be Acquired by Alphabet Inc. (NASDAQ:GOOG) Google is buying Fitbit for about $2.1 billion, enabling the internet company to step back into the hotly contested market for smartwatches and health trackers. Fitbit is a pioneer in wearable fitness technology, but it’s been shredded by that competition. Google, meanwhile, has been developing Wear OS […]
Dow Jones Industrial Average (.DJI) Fed on Pause, Will Non-Manufacturing PMI Continue to Weaken? The economic calendar will be relatively light next week with only a handful of notable data points. Following the weaker than expected ISM Manufacturing survey, focus is on the ISM Non-Manufacturing, which has been tracking the manufacturing sector lower in recent […]
The Boeing Company (NYSE:BA) Chief Executive Dennis Muilenburg testifies before a Senate Commerce, Science and Transportation Committee hearing on “aviation safety” In two combative hearings on Capitol Hill last week, lawmakers pressed Boeing’s CEO Dennis Muilenburg on why he hasn’t given up his pay after two fatal crashes of its 737 Max planes that killed […]
$ARW, $DNKN, $DD, $EL, $IMAX, $TRI 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 stocks analysts have singled out to look at carefully Monday, as follows: Arrow Electronics Inc. (NYSE:ARW) was reiterated as Outperform […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Risk is on, sidelined money coming back in. The earnings news is providing its share of trading catalysts, but the macro news is mattering more as a market driver because the macro connection with the employment report is that it suggests future earnings news may be better than expected. The […]
$RACE Ferrari (NYSE:RACE) is scheduled to announce Q-3 earnings results Monday, 4 November before the bell, The consensus EPS Estimate is €0.86 (+11.7% ) Y-Y, and the consensus Revenue Estimate is €889.08M (+6.1% Y-Y). Ferrari has surprised in the last 4 Quarters Over the last 3 months, EPS estimates have seen no upward revisions and 3 downward. Revenue […]
Strong US lead to see Australia: S&P/ASX 200 (.AXJO) open high today The interest today will turn to local retail sales data today, as traders prepare for tomorrow’s RBA meeting. And on a global front, though it’s unlikely to be anywhere near as significant as last week, traders will be positioning for another busy week […]
Hong Kong: HANG SENG INDEX (.HSI) higher as a surprise rise in factory activity in mainland China and increased hopes of a U.S.-China trade agreement cheered investors Hong Kong’s main stock index closed at its highest level in over six weeks on Friday as a surprise rise in factory activity in mainland China and increased […]
Shanghai: SSE Composite Index (.SSEC) trading higher due to increased factory activity and expectations of a long-term trade deal between the United States and China Chinese shares jumped on Friday thanks to signs of increased factory activity and expectations of a long-term trade deal between the United States and China. Home appliance, rare earth and […]
UK FTSE 100 (.FTSE) BoE in Focus, Election Polls Highlight Commanding Conservative Lead ollowing the largely weekly gain in 9-months for the FTSE 100, the index has seen a marginal pullback to be among the underperforming indices this week. A slight recovery in the Pound curbed further gains for the index as focus turns towards the UK […]
$RACE Valtteri Bottas posts his 4th win of this season at the United States Grand Prix, his MercedesAMG teammate Lewis Hamilton came 2nd and claimed a 6th world title having fended off a late attack from Red Bull’s Max Verstappen. Mr. Bottas had to win at the Circuit of The Americas aka COTA to keep […]
$DIS, $VIA, $CMCSA, $NFLX The outlook is not promising overseas either, where it fell flat in China with $28-M, ‘Harriet‘ overperforms, and ‘Motherless Brooklyn‘ came DOA Skydance, Paramount and Fox/Disney’s Terminator: Dark Fate reboot has bombed in its domestic box office debut with $29-M from 4,086 theaters, well behind expectations and even while placing #1 on the chart. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX NAS Comp +26.4% YTD S&P 500 +22.3% YTD Russell 2000 +17.9% YTD DJIA +17.2% YTD This Bull may be old but it is not tired. A Bull market that traces its lineage to the depths of the financial crisis has marked its 4th straight weekly gainer and pushing its gain […]
$RACE The Circuit of The Americas, aka COTA, has been kind to Lewis Hamilton in , but it was his MercedesAMG teammate and the only driver who can stop him winning a 6th world crown, Valtteri Bottas, who took Pole position for Sunday’s United States Grand Prix in true F1 racing fashion. It was Mr. […]
$RACE Rome’s Piero Taruffi circuit will be the scene, this weekend, of the first ever edition of the “FIA Motorsport Games” which will include such categories as GT, Touring Cars and Formula 4 along with emerging disciplines like drifting, digital motorsport and karting slalom. In the races featuring GT cars, 5 Ferraris are set to […]
$RACE Mattia Binotto speaking on the events of the Mexican Grand Prix and said that Ferrari (NYSE:RACE) need to be braver and take risks… Ferrari missed out on Mexican GP victory as Pole-sitter Charles Leclerc finished 4th having stopped 2X for new tyres, whereas Lewis Hamilton stopped just once, and Leclerc’s 2nd stop on Lap […]
$RACE This is a lesson grounded in practicality using ROE to better understand Ferrari (NYSE:RACE). Ferrari has a ROE of 61%, based on the last 12 months, meaning that for every $1 worth of shareholders’ equity, it generated 61c in profit. Return on Equity = Net Profit ÷ Shareholders’ Equity For Ferrari: 61% = €837-M […]
$DIA, $SPY, $QQQ, $RURX, $VXX Investor money coming off of the sidelines as the DJIA rose 300.86 points, or 1.11%, to 27,347.09, the S&P 500 gained 29.36 points, or 0.97%, to 3,066.92 and the NAS Comp added 94.04 points, or 1.13%, to 8,386.40. The DJIA sits less than 12 points from a closing record. President Trump applauded […]
Lawsuit accuses Facebook, Inc. (NASDAQ:FB) ad targeting of abetting bias A lawsuit filed on Thursday accuses Facebook of letting ad targeting tools be used to exclude women and older people from offers regarding loans, investments and other financial services. Two law firms have filed a discrimination suit in San Francisco federal court on behalf of […]
