Gold Up, USD Down, Stocks Off + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Up US Dollar Down Crude Oil deeper in Bear Market Territory Asian Stocks Down In Asia Gold: Gold prices are us Wednesday as the USD retreated from a 16-month high touched earlier in the week, easing amid a surge in EUR and GBP on a draft BREXIT agreement. Spot […]
Pink Diamond Hammers for $50-M+ a World Record $BID Christie’s Geneva sold the “Pink Legacy” diamond at auction Tuesday for more than $50-M including fees, saying it is a new world record price per carat for a pink diamond. Christie’s said that renowned jeweler Harry Winston was the buyer. The auction house had expected to […]
Ferrari’s (NYSE:RACE) 812 Superfast V-12 Looks Back to its Roots $RACE Ferrari (NYSE:RACE) got its start building 2-seat sports GTs with V12s in the front. With ladder chassis, live rear axles, and drum brakes, they were not the most technically advanced, but they were fast, durable and beautiful, I owned a 1952 250GTE by Pinninfarina, […]
Crude Oil Dives, Energy Stocks Weight on Broad Market $DIA, $SPY, $QQQ, $RUTX, $USO, $VXX The S&P 500 closed Tuesday with a loss of 0.2%. The benchmark index climbed as high as 1.0% on news from the White House of US-China trade negotiations being back on, but energy stocks eventually led the broader market South […]
Shanghai: SSE Composite Index (.SSEC) signs of fresh trade talks between Beijing and Washington China stocks closed higher for a second straight session on Tuesday, supported by expectation of further policy support, signs of fresh trade talks between Beijing and Washington, and gains in consumer scrips. The Shanghai Composite index climbed 0.9 percent and the […]
Australia: S&P/ASX 200 (.AXJO) taken a hit after fears of a slowdown in global growth Australia’s stock market has taken a hit after fears of a slowdown in global growth and demand slashed the price of big-name US technology stocks. The benchmark S&P/ASX 200 index had fallen by more than 100 points or 1.8 per cent […]
SILVER 1 OZ 999 NY (XAG=X) fell to a two-month low today Gold and silver prices recouped mild early losses to trade around unchanged levels on the day, in early-afternoon dealings Tuesday. Gold hit another four-week low below $1,200.00 overnight. The silver market fell to a two-month low today. Precious metals were somewhat supported when […]
Singapore: STI Index (.STI) volatility is back In a year full of debate on whether stocks have peaked, one thing’s clear: volatility is back. Tuesday’s trading showed that in spades, with Japan’s Nikkei 225 Stock Average sliding 3.5% at one point before paring to close 2.1% lower. China’s Shanghai Composite quickly erased its earlier 1.3% […]
Hong Kong: HANG SENG INDEX (.HSI) Investors buy on trade optimism, but long-term interest lacking Stocks in Hong Kong rose on Tuesday as Beijing and Washington are said to be preparing for fresh trade talks, helping investors overcome the overnight rout in the U.S. markets. The Hang Seng index gained 0.6 percent to 25792.87 and […]
What is next for the smartphone, which has become the hottest-selling consumer device around the world in just over a decade? Even as top makers like Apple and Samsung unveil new handsets with new features and improved performance, smartphone sales have flattened with most major markets largely saturated. The next catalyst for smartphones could be […]
Goldman Sachs “cheated” Malaysia, leader Mahathir Mohamad said, after two former bankers from the Wall Street titan were charged over a scandal that allegedly saw billions looted from state coffers. The US Justice Department unveiled criminal charges this month against ex-Goldman bankers Tim Leissner and Ng Chong Hwa, accusing them of working with a Malaysian […]
The Monetary Authority of Singapore (MAS) announced today initiatives to enhance private markets financing channels, including a programme to place up to US$5 billion for management with private equity (PE) and infrastructure fund managers. 2 Mr Peter Ong, MAS Board Member and Chairman of Enterprise Singapore, highlighted the new initiatives at the Global Investor Summit […]
Success Dragon proposes change of company name to ezBlock Capital International Holdings Limited, To reflect diversification into fintech and blockchain Service agreement concluded with Tencent-backed Linklogis for its blockchain-based supply chain financing platform, Followed by purchase of trade receivables through Qianhai Finanical Assets Exchange to tap cross-border fintech opportunities Success Dragon International Holdings Limited (“Success […]
Nothing to Justify Oil Price Rally OPEC on Tuesday trimmed its global oil demand forecasts for this year and next, as kingpin Saudi Arabia tries to cut output to bolster prices in a weakening market. In its latest monthly report covering October, OPEC said demand is expected to increase 1.5 million barrels per day (mbd) […]
Singles Day Sales Proves the Value of V-MORE Chinese e-commerce giant Alibaba has smashed records for its Singles Day, the world’s biggest 24-hour shopping event, despite an ongoing trade war with the US and waning domestic interest in the event. The 2018 edition of the 11/11 Singles Day brought in a record $30.8 billion (213.5 […]
The Street’s Key Stock Analysts Research Reports $CMA, $CROX, $CFR, $DNLI, $FNSR, $IMO, $JBL, $LB, $KORS, $OXY, $OIS, $REGN 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 main […]
Tesla (NASDAQ:TSLA): SEC Closing in, Senior Securities Lawyer Ankles $TSLA Monday, we learned that an experienced securities lawyer is leaving Tesla (NASDAQ:TSLA) just as the company needs the best to help manage the its fraud settlement with US regulators and the DOJ’s criminal probe. Phil Rothenberg, a VP in Tesla’s legal department, will become a […]
NASDAQ Composite (.IXIC) chip stocks hit by weak forecasts The Nasdaq Composite index fell about 2.5 percent on Monday, hit by a slump in Apple Inc shares after two suppliers cut their forecasts, sparking a selloff in other iPhone component makers and weighing on technology stocks. Apple shares fell 4.4 percent to $195.40, their lowest […]
Twitter, Inc. (NYSE:TWTR) generating sharply higher sales and profits Shares of Twitter (NYSE:TWTR) popped 22.1% last month, according to data provided by S&P Global Market Intelligence, after the microblogging specialist reported better-than-expected third-quarter results. So what Twitter’s revenue surged 29% to $758 million despite a 9 million decline in monthly active users, to 326 million. […]
Alphabet Inc. (NASDAQ:GOOG) company’s ad revenue growth is slowing Not all is well in the Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) kingdom, and that is why GOOG stock has dropped from $1,300 to below $1,050 over the past several months. The company’s ad revenue growth is slowing amid less robust growth rates across the entire digital advertising world […]
Alibaba Group Holding Limited (NYSE:BABA) racked up Singles’ Day sales records Alibaba (BABA) racked up Singles’ Day sales records, but growth slowed. Alibaba Singles’ Day is a big test not only for Alibaba stock but of the Chinese economy. Dow Jones Today The Dow Jones fell 0.6%. The S&P 500 index lost 0.7%. The Nasdaq […]
Tesla, Inc. (NASDAQ:TSLA) next level of technical resistance around $363 A 12% Rise The $380 strike price calls for expiration on December 21 have seen their open interest levels increase by almost fivefold on November 12, to approximately 10,500 open contracts. A buyer of the calls would need the stock to increase by 12% to […]
Facebook, Inc. (NASDAQ:FB) decline comes as U.S. shares fell across the board The stock fell 2.4 percent on Monday, to $141.55, the lowest close since April 17, 2018, when it closed at $140.96. Facebook fell along with the broader market on Monday, sparked by an Apple supplier cutting its forecast, a rising U.S. dollar and […]
Apple Inc. (NASDAQ:AAPL) technology sector faced another round of sharp selling The stock market started off the week where it left off Friday, with sellers dictating the action. In stock news today, the technology sector faced another round of sharp selling, with shares of Apple (AAPL) down 4%. It was a big decliner in the […]
Dow Jones Industrial Average (.DJI) global trade fears combined with a stronger dollar to unsettle investors The Dow Jones Industrial Average sank by more than 600 points Monday, dragged down by a tumble in Apple and Amazon shares, mounting geopolitical concerns, and a strengthening dollar. The S&P also stumbled, falling by 2 percent after shares […]
Gold Up, USD Up, Stocks Off + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Firming US Dollar Up Crude Oil in Bear Market Territory Asian Stocks Lower In Asia Gold prices edged higher Tuesday as investors resorted to bargain-hunting after the precious Yellow metal fell to over 1-month lows, weighed by a stronger USD that has capped the market. Spot gold was […]
Presidential Harassment by Congressional Dems Causing Stock Market Concerns, They Will Pass $DIA No matter what you think of President Trump, his reign as President has been great for stocks. US President Donald Trump issued a Tweet on Monday blaming losses in the stock market on Democrats. “The prospect of Presidential Harassment by the Dems is causing […]
Italy’s populist government was set Tuesday to defy the European Commission, preferring to risk financial sanctions than revise its big-spending budget. The coalition had been given time to change its 2019 plans but insists an anti-austerity approach will help kickstart growth in the eurozone’s third largest economy, and consequently reduce the public debt and deficit. […]
A China-backed bid to complete the world’s largest trade deal — without the United States — was pushed back to next year after Asia-Pacific trade ministers failed to agree key terms at a Singapore summit. The Regional Comprehensive Economic Partnership (RCEP), covering half the world’s population, is billed as an antidote to Donald Trump’s “America […]
F1: MercedesAMG Matched Ferrari with 5th Straight 2X Championship $RACE MercedesAMG has joined Ferrari (NYSE:RACE) as the only 2 teams to win 5 consecutive championship doubles, the drivers and the constructors, in F1 after Lewis Hamilton’s victory at the Brazilian Grand Prix Sunday. Mr. Hamilton secured the drivers’ championship at the last race in Mexico, […]
S&P 500 Falls 54.79 pts, Breaking 200-Day Moving Average on Tech Selloff $SPY, $DIA, $QQQ, $RUTX, $VXX A broad sell-off in technology companies drove US stocks sharply lower Monday, as Apple, Amazon, Goldman Sachs and other big names fell. Banks and consumer-focused companies and media and communications stocks also took heavy losses. Bond trading was […]
Hong Kong: HANG SENG INDEX (.HSI) Govt relaxes rules on share buybacks Stocks in China and Hong Kong edged higher on Monday after government departments and regulators rolled out a series of measures over the weekend to support the private sector, including steps to make share buybacks easier. The Shanghai Composite index rose 0.7 percent […]
Singapore: STI Index (.STI) retail sales up 1.9% Retail sales in Singapore rose 1.9% in September on a year-on-year basis after declining for the months of July and August. The increase was helped by increased sales seen in petrol service stations, watches and jewelleries, and medical goods and toiletries. Total receipts reached around S$3.6 billion […]
Australia: S&P/ASX 200 (.AXJO) started the week in positive territory The Australian share market started the week in positive territory, clawing back from early losses after most sectors entered positive territory and Utilities continued to shine Mining stocks entered positive territory after the iron ore price lifted while Financial stocks remained underwater. Also capping gains […]
Shanghai: SSE Composite Index (.SSEC) securities regulator said it will make it easier for companies to buy back shares Stocks in China snapped a five-session losing streak to end higher on Monday, after the securities regulator said it will make it easier for companies to buy back shares. The news lifted smaller-cap stocks, which have […]
Telecoms giant SoftBank will list shares in its Japanese mobile unit next month in a sale that could raise over $21 billion and be one of the biggest tech IPOs in years. The IPO will help raise funds for the company as it increasingly transforms into an investment firm, ploughing money into a broad range […]
Singapore Business sans Borders The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) are partnering with six private sector partners to create a Proof of Concept (“POC”) hybrid business data and digital solutions hub. The initiative will leverage on Artificial Intelligence (AI) to facilitate the internationalisation and digitalisation of Small and Medium-sized […]
The third edition of the Singapore FinTech Festival will kick off tomorrow in Singapore. With over 250 speakers, 450 exhibitors, 16 international pavilions and close to 40,0001 participants expected, this year’s event promises to be the biggest FinTech event in the world to date. 2018 Festival Highlights 2. Held at the Singapore Expo, the Festival […]
The Street’s Key Stock Analysts Research Reports $MT, $ARRS, $CPA, $CREE, $KDP, $MTZ, $KORS, $PRTY, $PVH, $TCF, $YELP 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 main issues […]
Tesla (NASDAQ:TSLA) Has Nothing the Auto Industry Cannot Replicate at Will $TSLA, $F, $FCAU, $GM, $VLKAY Volkswagen (OTCMKT:VLKAY) announced at the weekend that its platform is set to manufacture 50-M pure EVs, and it has acquired the batteries for that vehicle production output. Ok, Tesla (NASDAQ:TSLA) has mastered making EVs cars, but its technology is […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Last Wednesday post election spike either stands on its own or platforms for a breakout. PPI at a 6 year high with prices +2.9% Y-Y. S&P 500, DJIA in excellent tests, NAS Comp work’in on it This week we see new leaders come up […]
Gold Down, USD Up, Stocks Off + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Down US Dollar Up Crude Oil in Bear Market Territory Asian Stocks Lower In Asia Gold prices steadied Monday after touching a 1-month low in Friday’s session, but the precious Yellow metal remains under pressure from a firmer USD and expectations the Fed is on track to tighten […]
Rio’s (NYSE:RIO) Argyle Pink Diamonds Tender Breaks Record $RIO The Argyle mine is the biggest diamond operation in Australia, and the source of rare and prized fancy pink gems. Rio Tinto, (NYSE:RIO) the world’s #2 miner, announced today that it delivered record results at its 2018 Argyle Pink Diamonds Tender, which included 63 rare pink, red […]
Box Office: ‘The Grinch’ Wins With $66-M; ‘Girl in the Spider’s Web’ DOA $CMCSA, $SNE, $FOX, $AMZN, $NFLX Christmas came early for Illumination and Universal, a unit of Comcast (NASDAQ:CMCSA) as The Grinch, the 2nd big-screen adaptation of the classic Dr. Seuss holiday tale opened to $66-M from 4,414 North American theaters. Voiced this time out […]
Australia: S&P/ASX 200 (.AXJO) poised to start the week lower Australian shares are poised to start the week lower, dragged down by a tech rout on Wall Street. Base metals also retreated and oil extended its rout. ASX futures were 37 points lower. Shares on Wall Street fell to end their week, with the S&P […]
Hong Kong: HANG SENG INDEX (.HSI) Chinese regulator announced that it was setting lending targets for banks Chinese equities had set the tone for risk appetite earlier in the day, with the CSI300 down -1.4% and the Hang Seng down -2.4%. The Chinese regulator announced that it was setting lending targets for banks to private […]
Shanghai: SSE Composite Index (.SSEC) hinting at further weakness In Asia, Japan’s Nikkei 225 Index has added 1,100 points since Oct. 29, rising 5.2%. Some analysts have attributed the Nikkei 225 Index’s recent gains to a weakening yen. Analysts at JPMorgan Chase (NYSE:JPM) said that the Index could easily rocket to reach 28,000 points if […]
Singapore: STI Index (.STI) slowdown as tech stocks plunged It was looking like a week of wound-licking for Asian stocks. Then crude oil entered a bear market and alarm bells rang on China’s slowdown as tech stocks plunged. Just like that, the region’s equity benchmark erased weekly gains and posted its sixth slide in seven […]
F1: Hamilton Wins Brazil Grand Prix Securing Constructors’ Title for MercedesAMG $RACE F1 champion Lewis Hamilton, 33 anni, won the Brazilian Grand Prix Sunday as his MercedesAMG team secured the constructors’ title for the 5th year running. The win was Mr. Hamilton’s 10th of the season and 72nd of his career, he has won the […]
Chinese Investors Sentiment is Very Weak, Conditions Abroad Have Little Influence $ALMMF, $CHL, $PTR Market sentiment is very weak. President Xi’s government is struggling to dispel such gloom and talk stock prices back up with promises of tax cuts, more bank lending and a media campaign. The benchmark Shanghai Composite Index sank 30% from January […]
Investors Focused on Retail Sales and Wages $WMT, $M, $MCD, $AMZN, $CMG Amidst overall strong Quarterly results, rising labor costs are a growing concern, with more than 12 companies in the S&P 500 mentioning them in conference calls so far this earnings season. Next week, several retailers including Walmart (NYSE:WMT) and Macy’s (NYSE:M) are due […]
F1: Hamilton and Vettel on the Front Row at Brazil $RACE Ferrari have a tactical advantage by starting on the harder tires, if the day is dry. Lewis Hamilton on the Pole with hopes of wrapping up the constructors’ championship Sunday ahead of Ferrari’s (NYSE:RACE) Sebastian Vettel for the Brazilian Grand Prix. Despite this, the […]
F1: Brazil Grand Prix FP-1 Results, Ferrari Strong on the Pace $RACE Valtteri Bottas topped a F1 practice session for the first time in the Y 2018 season, while Sebastian Vettel and Ferrari (NYSE:RACE) look to be strong when it comes to race pace. Leading the way by a small margin from MercedesAMG teammate Lewis […]
Ferrari’s (NYSE:RACE) Business in Thriving, Net Revenue Up, Profits Soaring $RACE Ferrari’s (NYSE:RACE) sales rose by nearly 11%, with the iconic luxury Italian Supercar firm shipping a total of 2,262 units, 216 more than in the same time frame of Y 2017. During this time, the company’s net revenues rose by 0.3%, whereas the net profit, as indicated […]
All Indicators Say, “S&P 500 Will Hit 3,000 by Year’s End” $DIA, $SPY, $QQQ, $RUTX, $VXX Investment guru Byron Wien predicts that this Bull run, the longest in history, in the stock market is not over, and there is no recession in sight. Mr. Wien recently said in a TV interview that he is “not […]
Toxic Weed Killer Found in Everyday Breakfast Foods $BARYR, $GIS, Rachel Carson’s epic Y 1962 book Silent Spring warned about how polluting the soil spreads through the eco-system. Agricultural toxins wind up in our water sources and even in the rain that falls on us. Ms. Carson also covered the severe health risks which result from exposure […]
The Street’s Key Stock Analysts Research Reports $ADM, $AVGO, $CMCSA, $KNX, $ROKU, $SQ, $RARE, $ZYAO 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 main issues for Friday, 9 […]
Former Tesla (NASDAQ:TSLA) Employee Charged with Embezzling $9.3-M from the Company $TSLA, $VLKAY A former Tesla (NASDAQ:TSLA) employee was charged by a federal grand jury today of embezzling roughly $9.3-M from Elon Musk’s electric car company over the course of 2 years. The indictment comes as the result of an FBI inquiry. The employee Salil […]
Apple Inc. (NASDAQ:AAPL) Targt $226 Apple’s (AAPL) services business is “taking the growth baton from iPhone,” Morgan Stanley said Thursday. The investment bank raised its price target on Apple stock after studying the growth potential for the company’s broad services business. Morgan Stanley analyst Katy Huberty reiterated her overweight rating on Apple stock and upped […]
Dow Jones Industrial Average (.DJI) key interest rate unchanged The Fed surprised no one by leaving its key interest rate unchanged on Thursday. Today’s status-quo Fed meeting should have had few implications for the Dow Jones industrial average and S&P 500, with no press conference and no new economic projections. But the lack of any […]
Alibaba Group Holding Limited (NYSE:BABA) ridiculously huge shopping festival On Sunday (Nov. 11), Alibaba will mark the 10th edition of Singles’ Day, a one-day shopping event so big it eclipses both Black Friday and Cyber Monday, and leaves Amazon’s Prime Day trailing in the dust. The story of how the shopping festival, also known as […]
Twitter, Inc. (NYSE:TWTR) Target $41 Aegis Capital rated the Twitter, Inc. (NYSE:TWTR)’s stock as a Buy in a research note published on Monday, October 29th, 2018 and posted a $41 price target on the common stock of Twitter, Inc. (NYSE:TWTR). Other Wall Street experts have also recently posted reports on these shares. Oppenheimer gave the stock an […]
Alphabet Inc. (NASDAQ:GOOG) revamped its sexual harassment policies in the wake of employee protests Google CEO Sundar Pichai sent a memo to employees Thursday detailing changes to its sexual harassment and misconduct policies in the wake of massive protests last week. More than 20,000 Google employees walked out of their offices Thursday following a bombshell […]
Tesla, Inc. (NASDAQ:TSLA) Robyn Denholm newly appointed chairwoman Tesla shares rose after Macquarie estimated the electric automaker may qualify to join the benchmark S&P 500 index as early as the second quarter of 2019. “TSLA checks off all the boxes for inclusion except aggregate GAAP profitability over trailing 12 months; we forecast this box to […]
NASDAQ Composite (.IXIC) economic outlook “appear roughly balanced” In a statement that was largely intact from its September meeting, the Fed said, “The Committee expects further gradual increases in the target range for the federal funds rate.” It also said the risks to the economic outlook “appear roughly balanced” and noted that inflation remains near […]
Facebook, Inc. (NASDAQ:FB) “Buy” Rating Facebook (NASDAQ:FB)‘s stock had its “buy” rating reissued by research analysts at Macquarie in a research note issued to investors on Monday, October 29th. They presently have a $190.00 price objective on the social networking company’s stock. Macquarie’s price target would indicate a potential upside of 24.60% from the stock’s […]
Gold Down, USD Up, Stocks Off + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Down US Dollar Up Crude Oil in Bear Market Territory Asian Stocks Higher Focus on FOMC Minutes later Thursday In Asia Gold: Gold prices fell to their lowest mark in a week Friday, and were set for their biggest weekly decliner since August, on a firmer USD as the […]
Tokyo Electric Power Company Holdings, Inc. (TEPCO) announced today that it has acquired 36.38% of the shares in Viet Hydro Pte. Ltd. (Viet Hydro), the majority shareholder of Lao Cai Renewable Energy Joint Stock Company (Lao Cai Renewable Energy), from InfraCo Asia Development Pte. Ltd. (InfraCo Asia), a company of the Private Infrastructure Development Group […]
Ferrari’s (NYSE:RACE) CEO Believes ‘Little Progress’ Made on F1 Economic Issues $RACE CEO Louis Camilleri believes little progress has been made on F1 economic issues Ferrari’s (NYSE:RACE) new boss says that Liberty Media’s proposed budget cap is not exactly close to becoming reality. F1 owner Liberty wants to improve the sport by limiting the huge […]
F1: Its Official Vietnam Grand Prix in 2020 $FWONA This marks the 1st new venue in the Liberty Media Era’s Formula 1 Group (FWONA) F1 officials today announced that the series will visit the Vietnamese capital City of Hanoi for the 1st time in Y 2020 on a track that looks very good, to say the least. […]
US Stocks Finished Virtually Flat After Post-Election Spike $DIA, $SPY, $QQQ, $RUTX, $USO, $VXX Stocks in the US drifted Thursday after the big rally Wednesday. The S&P 500 slipped 0.3% Thursday in the wake of the FOMC decision to leave the fed funds rate unchanged as expected. The benchmark index traded slightly below its flat line […]
Hong Kong: HANG SENG INDEX (.HSI) China’s big three telecoms firms rose on new network deals Hong Kong shares edged higher on Thursday following a Wall Street rally driven by relief that U.S. midterm elections produced no major surprises, and as China’s big three telecoms firms rose on new network deals. The Hang Seng index […]
Australia: S&P/ASX 200 (.AXJO) investors await the RBA for guidance Australian futures are lower as investors await the RBA for guidance on the outlook for rates. ASX futures were down 14 points at 5.40am AEDT. The US Federal Reserve released its latest statement at 6am AEDT. At the end of a two-day gathering, the Fed held interest […]
Singapore: STI Index (.STI) boosted risk appetite Singapore and Malaysia shares rose Thursday along with most Asian markets as Wall Street gained following conclusion of U.S. midterm elections that erased political uncertainty and boosted risk appetite. The Straits Times Index ended 0.9% higher at 3093.24. Jardine Cycle & Carriage rose 3.7% in Singapore to extend […]
UK FTSE 100 (.FTSE) pushing higher after wedge pattern The FTSE 100 is pushing upwards in the wake of a bullish wedge breakout seen yesterday. Upside for global markets in the wake of the US midterm elections has provided European stocks with a bullish impetus, reversing the declines seen throughout the first half of the week. This […]
Shanghai: SSE Composite Index (.SSEC) data shows surprisingly strong exports China stocks posted modest gains on Thursday morning, rebounding from three days of losses, as new data showed surprisingly strong exports and imports in October. At the midday break, the Shanghai Composite index was up 16.08 points or 0.61 per cent at 2,657.42. China’s blue-chip […]
Ryanair Holdings (OTCMKT:RYAOF) and CEO Michael O’Leary Sued in New York for Stock Fraud $RYAOF Ryanair Holdings Plc (OTCMKT:RYAOF) and CEO Michael O’Leary have been sued in New York by a shareholder that said Europe’s largest airline defrauded investors and inflated its share price by overstating its ability to manage labor relations and keep costs […]
Metalla (OTCQX:MTAFF) Completed the Smelter Return Royalty on the Santa Gertrudis Gold Property (TSXV: MTA) ($MTAFF) (FRANKFURT: X9CP) Metalla Royalty & Streaming Ltd. (TSXV: MTA) (OTCQX: MTAFF) (FRANKFURT: X9CP) is pleased to announce that it has closed its previously announced acquisition of a 2% net smelter return royalty on the Santa Gertrudis gold property located north […]
Tesla (NASDAQ:TSLA): Robyn Denholm New Board Chairwoman $TSLA Wednesday night, Tesla (NASDAQ:TSLA) announced Robyn Denholm has taken Elon Musk’s place as Chairwoman of the company’s board. She is also leaving her role as CFO and Head of Strategy at Telstra, Australia’s largest telecommunications company, once her 6-month notice period with Telstra is complete, and will be working as Tesla […]
The Street’s Key Stock Analysts Research Reports $ABMD, $EEX, $MB, $NBL, $NTRS, $OAS, $OXY, $PGR, $RNR, $ONCE 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 main issues for […]
Gold Down, USD Up, Stocks Up + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Down US Dollar Up Crude Oil Higher Asian Stocks Higher Focus on FOMC Minutes later Thursday In Asia Gold prices inched lower Thursday on the back of a stronger USD, as investors digested the US Congressional midterm election results and turned their focus to the Fed’s monetary policy […]
F1: Brazil Raceweek, Ferrari (NYSE:RACE) and Vettel Eye a Boost $RACE Ferrari’s (NYSE:RACE) Sebastian Vettel will be attempt to keep the battle for the constructors’ title alive this weekend at Brazil. Mr. Vettel’s desire to being crowned world champion ended when Lewis Hamilton finished 4th in Mexico, allowing him to claim a 5th F1 title. […]
Two Years In, President Trump Holds Stock Market Bragging Rights $DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, US stocks rallied with broad gains led by the technology and healthcare sectors as investors made bets that a divided Congress would be good for equities. Democrats won control of the House Tuesday, while President Donald Trump’s Republican party […]
Singapore: STI Index (.STI) Shares edge higher Singapore stocks ended slightly higher on Wednesday, with the Straits Times Index rising 4.74 points or 0.2 per cent to 3,065.36. Gainers outnumbered losers 234 to 173, after about 1.57 billion shares worth S$1.17 billion in total changed hands. The most actively traded counters were Rex International, which gained 2.5 […]
Shanghai: SSE Composite Index (.SSEC) weak earnings and an uncertain economic outlook outweighing government pledges China stocks ended a volatile session lower, with weak earnings and an uncertain economic outlook outweighing government pledges of support for wavering markets. At the close, the Shanghai Composite Index was 0.7 percent lower at 2,641.34 points. The blue-chip CSI300 […]
Hong Kong: HANG SENG INDEX (.HSI) Asian markets mixed The East is red again. Chinese stocks have been hammered amid worries about slowing economic growth and an escalating trade dispute with the United States. China’s Shanghai Composite Index and Hong Kong’s Hang Seng Index are respectively down 20 per cent and 13 per cent this […]
Australia: S&P/ASX 200 (.AXJO) share market flat and one sector is keeping the bourse’s head above water Energy and materials stocks are keeping the Australian share market flat at the open, with the financial sector keeping the bourse’s head above water. The benchmark S&P/ASX200 index was up 7.1 points to 5882.3 at 1030 AEDT on […]
A Successful Regulated Market Growing Up Around Cannabis $AMZN, $TAP, $NKE, $TLRY, $CGC, $STZ Michigan’s vote Tuesday to become the 10th US state where the recreational use of cannabis is legal is adding more momentum to a trend that some investors say is inevitable: that marijuana will become legal nationwide within the next 5 years. […]
French fashion house Hermes reported Wednesday another quarter of brisk sales growth, propelled by red-hot demand in China, where the ultrachic brand expects further growth as it opens stores and rolls out online sales. The company said sales in the third quarter climbed 9.4 percent to 1.46 billion euros ($1.68 billion), racking up higher sales […]
The Street’s Key Stock Analysts Research Reports $ABBV,$ED, $CROX, $DRNA, $HCA, $K, $KOS, $MLY, $SHAK, $SQ, $YNDX 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 main issues for […]
Tesla (NASDAQ:TSLA) There is No Clear Evidence that 2018 Production is ‘Sold Out” $TSLA There is no evidence that Y 2018 production has sold out. Norway registrations continue to deteriorate. LIBOR rates are rising again in Q-4. Tesla is a Trap! It has been almost weeks since Tesla (NASDAQ:TSLA) reported its Q-3 earnings, sending the […]
Twitter, Inc. (NYSE:TWTR) Lead Over its Technicals Twitter, Inc. by far traveled 76.64% versus a 1-year low price of $19.26. The share price was last seen -0.82% lower, reaching at $34.02 on Nov. 05, 2018. At recent session, the prices were hovering between $33.37 and $34.28. This company shares are 1.26% off its target price […]
Alphabet Inc. (NASDAQ:GOOG) concerns over earnings and sexual harassment allegations Shares of Alphabet Inc. (NASDAQ:GOOGL), a technology company and parent company of Google, are down more than 3% since the start of November and over 1.47% to start the week. The technology giant is facing a negative response to mixed earnings and a dip in […]
Dow Jones Industrial Average (.DJI) investors turn attention to midterm election returns U.S. stocks rallied into the close Tuesday, as traders awaited the results of midterm elections that could set the political tone on Wall Street for at least the next two years. How are the benchmarks performing? The Dow Jones Industrial Average DJIA, +0.68% […]
Facebook, Inc. (NASDAQ:FB) financials suggest that investors have overreacted After a whopping one-day 22% loss amid a downward revised Q3 revenue guidance in Q2 earnings release (ER), shares of Facebook (FB) proceeded to lose another 15% in the subsequent three months (Figure 1). At the first approximation, the immediate 22% loss seemed excessive given the […]
Tesla, Inc. (NASDAQ:TSLA) the future of sustainable transport and energy generation Electric vehicles reduce the emissions that contribute to climate change. In October, the United Nation’s Intergovernmental Panel on Climate Change released a report saying that limiting global warming “would require rapid, far-reaching and unprecedented changes in all aspects of society.” According to Musk, without […]
Alibaba Group Holding Limited (NYSE:BABA) plans to help global businesses sell $200 billion in goods E-commerce giant Alibaba announced Tuesday it plans to help global businesses sell $200 billion in goods to China in the next five years. A day earlier, Chinese President Xi Jinping said his country will import $30 trillion in goods and […]
Gold Up, USD Down, Stocks Up + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Up US Dollar Down Crude Oil Lower Asian Stocks Higher US Midterm Congressional Elections come is as Expected. In Asia Gold: Gold prices rose Wednesday on a weaker USD, as the outcome of US Congressional midterm election came in as expected, Republican hold Senate, and Dems take control […]
Ferrari’s (NYSE:RACE) Tailor Made Program Highlighted in Japan $RACE Some Ferrari clienti just do not want a standard Ferrari After introducing the gorgeous J50 Special Edition at the end of Y 2016 to mark 50 years in Japan, Ferrari is now showing its appreciation for the Land of the Rising Sun. Highlighting the company’s Tailor Made division by […]
US Stock Market Setup to Rise 10% in Relief Rally Off of the October Pullback $DIA, $SPY, $QQQ, $RUTX, $VXX My work shows that the US stock market could rally in relief at least 10% after Tuesday’s midterm Congressional elections. With so much risk recently taken off the table heading into the elections it is a […]