Premier Li Keqiang delivered the Government Work report to the third session of the 13th National People’s Congress today. China will work to make sure they are achieving their development goals of winning the battle against financial condition and completing the building of a moderately prosperous society in all respects this year, though setting no […]
When his business was hit by a coronavirus lockdown, Josh Ellis saw a threat to his livelihood and a breach of the US Constitution. So he went on Facebook and called for protests. The appeal “went viral instantly,” said the 40-year-old, who set up a Facebook page called American Revolution 2.0 in early April. The […]
US unemployment is likely to remain in double digits as Americans go to the polls in November, a top White House economic adviser said Sunday. Kevin Hassett predicted that US economic growth will “skyrocket” in the third quarter but could fall short of a full recovery from the coronavirus pandemic. Some 38.6 million people have […]
$BA Friday, RBC rated Boeing (NYSE:BA) with an “outperform” rating and a $164 price target. But, when the real opportunity presented itself during the C-19 Coronavirus chaos crash the experts were silent. Below 90, BA stock was a blind Super buy. Most of Wall Street missed it, but the Saudi sovereign wealth fund and others bought […]
$AYTU Ultraviolet light has been used as a disinfectant in wastewater treatment, hospital rooms and other settings. It also has some medical treatment applications, such as the use of fluorescent lamps to administer controlled doses of UV light to skin lymphoma patients. UV light works as a disinfectant because it can stop cells from reproducing. No microorganisms have shown […]
$GILD $PFE $INO $MRNA $JNJ $GSK $SPY Investors are diversifying bets in the healthcare sector, as the rush to develop treatments for C-19 coronavirus has driven up prices for some Big Pharma stocks. Now at least 48% of fund managers are overweight healthcare stocks, a BofA survey showed, and the S&P 500 healthcare sector is […]
$DIA $SPY $QQQ $RUTX $VXX Americans locked at homes for 9 wks are anxious to participate in a C-19 coronavirus experiment that begins this Memorial Day weekend, with all 50 States open at least in part. People are filling resorts, casting aside masks at the mall and eating out. That freedom will boost an economy […]
Amazon.com, Inc. (NASDAQ:AMZN) to Hire 50k Workers in India Amazon.com Inc’s AMZN.O India unit said it would hire 50,000 temporary staff to satisfy a surge in online shopping within the country, where customers are stuck inside for two months during a lockdown to fight the coronavirus plandemic. E-commerce firms faced massive disruption within the initial […]
$RACE Ferrari (NYSE:RACE) commands a premium valuation based on 3 Key elements of its business model: pricing power, strong demand, and growth. The iconic Italian luxury Super carmaker delivered good results in Q-1 Y 2020 despite some difficult economic conditions. Its success augurs well for long-term investors. The driver behind Ferrari’s success is brand strength. […]
Dow Jones Industrial Average (.DJI) Fell as China Trade Tensions Escalate The Dow Jones Industrial Average fell 101.78 points, or 0.41%, to close at 24,474.12. The S&P 500 lost 23.10 points, or 0.78%, to end at 2948.51, and the Nasdaq Composite fell 90.90 points, or 0.97%, to close at 9284.88. China is coming up with […]
$ANGI, $BJ, $EXPE, $HON, $INO, $LOW These are all Buys if you can manage the risk. Daily HeffX-LTN reviews dozens of Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. These reports cover stocks to buy Below is our list for Friday, 22 May, as follows: ANGI Homeservices Inc. (NASDAQ:ANGI) was reiterated with a Buy rating and its […]
Hong Kong’s Hang Seng Index fell more than 5% Friday afternoon after China moved to impose new national security legislation on the city, raising fears of a revival of street protests that convulsed the financial hub for much of last year. The benchmark is headed for its largest daily percentage drop since Y 2015. The […]
$DIA $SPY $QQQ $RUTX $VXX President Trump and Senate Majority Leader Mitch McConnell huddled Thursday at the White House as Republicans stake out new plans to phase out C-19 coronavirus chaos-related unemployment benefits to encourage Americans to go back to work. White House economic adviser Larry Kudlow Thursday dismissed the idea of extending unemployment benefits […]
Dow Jones Industrial Average (.DJI) Takes a Dip U.S. stock indexes edged down at the open on Thursday as developing Sino-U.S. tensions and mixed retail earnings added to concerns about the pace of a recovery from a coronavirus-fueled economic slump. The Dow Jones Industrial Average .DJI fell 11.63 points, or 0.05%, at the open to […]
$ABBV, $AES, $AEP, $AWR, $AWK These are all Buys if you can manage the risk. Daily HeffX-LTN reviews dozens of Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. These reports cover stocks to buy Below is our A list for Thursday, 21 May, as follows: AbbVie Inc. (NYSE:ABBV) has profitable products on the market and a powerful […]
China and Hong Kong stocks were little changed Thursday ahead of the country’s annual parliament session, starting this week, that could yield more economic stimulus. At the midday break, the Shanghai Composite index was up 0.05% at 2,885.20. China’s blue-chip CSI300 index was up 0.06%, with its financial sector sub-index losing 0.07%, the Real Estate […]
Asian markets fluctuated Thursday after rallying for much of the week, with any gains dragged by profit-taking while concerns over the long-term impact of the virus and worsening China-US relations added to the selling pressure. Equities have enjoyed weeks of gains thanks to signs of an easing in the disease in major economies and the […]
$DIA $SPY $QQQ $RUTX $VXX For years, the high-yield saving products were a success for both consumers and financial institutions alike. After getting almost Zero interest from big US banks, individuals who parked their excess cash with the likes of Ally Financial Inc., Barclays Plc, Goldman Sachs Group Inc.’s consumer bank, Marcus, or HSBC Holdings Plc’s HSBC Direct […]
HEFFX have issued a STRONG BUY recommendation on Carabao Group. (CBG.BK) based on a one-year target price of 167.00 baht, offering a 75.79% upside potential from its closing price of 95.00 baht on May, 20th, 2020. Our recommendation is primarily driven by strong margins and growing revenue combined with an excellent balance sheet. About Carabao […]
$BYND, $BNTX, $CURLF, $LMT, $LULU, $NEM, $RGLD, $SCCO, $VRTX These are all Buys if you can manage the risk. Daily HeffX-LTN reviews dozens of Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. These reports cover stocks to buy Below is our list for Wednesday, 20 May, as follows: Beyond Meat Inc. (NASDAQ:BYND) was started with a Buy […]
China shares fell Wednesday as cautious investors held back ahead of the country’s annual political meetings where policymakers will discuss measures to boost the economy. At the midday break, the Shanghai Composite index was down 0.45% to 2,885.54. China’s blue-chip CSI300 index was down 0.49%, with its financial sector sub-index lower by 0.37%, the consumer […]
$RACE Ferrari (NYSE:RACE) has reopened its factories in Maranello and Modena after a 2-month downtime with safety measures in place. Shares of RACE have held up during the C-19 coronavirus chaos and are only off 3.35% since 1 January. Ferrari is The Aristocrat of the automotive sector. Enzo Ferrari’s iconic Italian Supercar manufacturer claimed the […]
$DIA $SPY $QQQ Some Wall Street heavyweights who President Trump dubbed ‘rich guys’ last week may sound alarmed about stocks, but some of the world’s biggest investors are holding on or boosting their holdings. Money managers and strategists at Capital Group, Franklin Templeton and BlackRock Inc., which together oversee about $8.8-T, say stocks remain attractive […]
$DIA $SPY $QQQ $RUTX $VXX US stock markets will deliver the steepest recoveries in their history over the next year, returning to marks from before March’s C-19 coronavirus lockdowns more than 2X as fast as after the Y 2008 financial crisis, according to analysts from Citigroup. In a note to clients dated Monday, the bank […]
$DIA $SPY $QQQ $RUTX $VXX Tuesday, President Trump and Republican congressional leaders are counting on state lockdowns lifting to propel an economic rebound that will ease pressure for another round of stimulus. “There is only one way out of this dilemma: America has to grow again, to open up again and I am pleased that […]
Thailand’s cash-strapped national carrier will look to undergo a restructuring through the kingdom’s bankruptcy court, premier Prayut Chan-O-Cha said Tuesday, as the stricken company is battered by the crash in tourism caused by the coronavirus. Thai Airways — which is 51 percent owned by the government — has long fought to stay afloat, registering losses […]
Hopes for a vaccine to treat coronavirus and a further easing of lockdown measures around the world spurred a rally on Asian markets Tuesday as investors tracked a surge across Europe and Wall Street. A half-a-trillion-dollar Franco-German plan to support the European Union economy also lifted confidence, while Australian investors brushed off news that China […]
Australia’s competition watchdog suggested Tuesday that local media could organise a “collective boycott” of Google and Facebook to force the tech giants to pay for news they put on their platforms. The radical idea was among a series of possible bargaining tools put forward by the Australian Competition and Consumer Commission (ACCC) as it considers […]
$RACE Luxury goods companies tend to do better in recessions because wealthier people maintain disposable income, and this C-19 coronavirus chaos caused and instant recession. This applies to Ferrari (NYSE:RACE) as the demographic it caters to are generally going to be able to afford expensive sports cars in good times or bad, it is a […]
$ARNA, $CHH, $CODX, $NVAX, $PANW These are all Buys if you can manage the risk. Daily HeffX-LTN reviews dozens of Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. These reports cover stocks to buy Below is our list for Tuesday, 19 May, as follows: Arena Pharmaceuticals Inc. (NASDAQ:ARNA) was started with a Buy rating and a 62 […]
MSCI’s broadest index of Asia-Pacific shares sans Japan last traded up 1.6% in late Asian trade. Australian shares closed at a more than two-month high on Tuesday, led by gains in mining, energy and financial stocks, as a gradual re-opening of some economies boosted sentiment and raised hopes of a demand recovery for commodities. The […]
$DIA $SPY $QQQ $RUTX $VXX Monday, US stock index futures edge higher Monday evening following a sharp rally in the broad market. Markets were bolstered after Fed Chairman Powell said Sunday night that he saw a path, toward an economic recovery from the C-19 coronavirus chaos in 2-H of Y 2020 and emphasized that he […]
Hong Kong: HANG SENG INDEX (.HSI) Set to Embrace Change Investors may soon no longer have to put up with dismal underperformance The 50-year old Hang Seng Index is poised to embrace change, and it could not come soon enough for investors forced to put up with years of dismal underperformance. On Monday (18 May) […]
It will blow the competition away. $RACE The 1st electric Ferrari (NYSE:RACE), which is expected in Y 2025, will use new technology to ensure it can deliver on the brand’s heritage, commercial boss Enrico Galliera said. The iconic Italian firm has yet to confirm any plans or a timeline for its 1st EV, although leaked patents […]
$AMAT, $GO, $JBL, $OHI, $GO, $PINS These are all Buys if you can manage the risk. Daily HeffX-LTN reviews dozens of Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. These reports cover stocks to buy Below is our list for Monday, 18 May, as follows: Applied Materials Inc. (NASDAQ:AMAT) was raised to Buy from Neutral and the […]
China shares ended higher Monday as investors took hope from data showing home prices rose in April, but renewed trade tensions between Beijing and Washington At the close, the Shanghai Composite index was up 0.24% at 2,875.42. The blue-chip CSI300 index was up 0.26%, with its financial sector sub-index higher by 0.06%, the consumer staples […]
$DIA $SPY $QQQ $RUTX $VXX Last Week’s Close Friday May options expired, and the market show us that the leaders were going to make good moves. The futures are telling us that Monday trades will be higher after last week’s action. This story helped: Friday mid-session it was the reported that the Fed purchased $305-M […]
$NFLX $DIS $CMCSA $AMC $AMZN $AAPL $LGN Before the pandemic there was a shift happening. Talent agency CAA controlled actors, scripts, producers, how studios were bought and sold, music rights, all the way through to sports contracts. Agents held the power. But today most of the big agencies have sold out to major hedge funds […]
The business shutdowns caused by the coronavirus pandemic could “easily” cause the US economy to collapse by 20 to 30 percent this quarter, Federal Reserve Chair Jerome Powell said Sunday. Data show more than 30 million jobs were destroyed in the world’s top economy, as businesses were shuttered nationwide amid the efforts to stop the […]
$QSR Restaurant Brands International Inc. has announced its plans for reopening dining rooms across its portfolio of fast-food chains, including Popeyes Louisiana Kitchen, which barely lost momentum despite the spread of C-19 coronavirus and is set up for a stronger recovery, according to analysts. In an open letter from Restaurant Brands CEO Jose Cil, the […]
$RACE $F Both Ferrari (NYSE:RACE) and Ford (NYSE:F) make and sell cars but their business models are different: Ferrari is a luxury goods company. It sells about 10,000 cars annually and realizes high profit margins. There is a limited supply of Ferraris and a waiting list to buy. Its earnings are more stable and defensive. […]
$SRNE Sorrento Therapeutics (NASDAQ:SRNE), a Southern California-based biopharmaceutical company, says it may have found a way to eradicate the C-19 coronavirus. Sorrento announced it has found an antibody that could protect the body from the coronavirus and eliminate it from a person within 4 days The company formally announced its discovery of the STI-1499 antibody, which […]
$DIA $SPY $QQQ $RUTX $VXX Former New Jersey Governor Chris Christie (R) called for businesses across the country to reopen with safety measures Friday, saying that the C-19 coronavirus chaos cannot control when parts of the country open. He wrote in a commentary that additional lives will be lost “as a result of reopening our […]
$EXEL, $PS, $UAA, $URI These are all Buys if you can manage the risk. Daily HeffX-LTN reviews dozens of Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. These reports cover stocks to buy Below is our list for Friday, 15 May, as follows Exelixis Inc. (NASDAQ:EXEL) was reiterated as Buy and its price target was raised to […]
The Japanese benchmark Nikkei average dipped 0.3% to 19,854.03 by the midday break, with Real Estate and other defensive sectors leading the losses. On the week, the Nikkei was down 1.6%, poised for its 1st weekly decliner in 3. The broader Topix fell 0.3% to 1,441.96 by the recess, with 66% of the 33 sector […]
salesforce.com, Inc. (NYSE:CRM) – The new face of commerce is not human Artificial intelligence (AI) is now part of everyday life. Digital assistants recognize your voice and respond to your commands. Computers help translate vast amounts of data into better-informed medical decisions. Chatbots offer you help with a human touch. By the end of 2020, […]
$DIA $SPY $QQQ $RUTX $VXX $ICE The President of the New York Stock Exchange Stacey Cunningham announced after the closing bell Thursday the NYSE is going to reopen the trading floor the day after Memorial Day. “We will reopen our trading floor to a subset of floor brokers the day after Memorial Day,” Ms. Cunningham wrote […]
$BAC Bank of America: This leading bank’s stock has been hammered 33% YTD. Bank of America Corp. (NYSE:BAC) has a huge presence in the US, providing various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations and governments in the United States and internationally. It operates some 5,100 […]
$RACE Scuderia Ferrari Mission Winnow (NYSE:RACE) announced Thursday that Carlos Sainz will drive for the team in the Ys 2021 and 2022 seasons of the F1 World Championship. “We have embarked on a new cycle with the aim of getting back to the top in Formula 1. It will be a long journey, not without […]
$RACE Ferrari (NYSE:RACE) has spoken of plans to add a V6 turbo to its engine lineup without dropping its 2 other benchmark engines the V12 and V8. The brand’s SVP of commercial and marketing, Enrico Galliera said, “So the technology we are going to have, V12, V8, V6 turbo. Hybrid will give us the possibility to have […]
$CRL, $CVLT, $CVA, $DG, $FATE, $JD, $KR, $WMT These are all Buys if you can manage the risk. Daily HeffX-LTN reviews dozens of Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. These reports cover stocks to buy Below is our list for Thursday, 14 May, as follows: Charles River Laboratories International Inc. (NYSE:CRL) was raised to Buy […]
Chinese shares closed lower Thursday as investors worried about a prolonged recovery in the economy, while awaiting more active stimulus policies to cushion the blow from the C-19 coronavirus chaos. The Shanghai Composite index ended 0.96% lower to 2,870.34. The blue-chip CSI300 index shed 1.08%, with its financial sector sub-index sliding 1.33%, the consumer staples […]
$DIA $SPY $QQQ $RUTX President Trump urged investors to be wary of “rich guys” using their platform to comment negatively about stocks, when they tend to profit from betting against the market. The market has been trading laterly for the last 4.5 wks after coming off its best month in a generation, as optimism about […]
$DIA $SPY $QQQ $RUTX $VXX Wednesday, President Trump said he strongly believes the Fed should have negative interest rates, but gave a modicum of approval to Fed Chairman Powell who said earlier in the day the FOMC would not lower rates beyond Zero. President Trump said Mr. Powell, who he frequently criticizes, has improved in […]
Investors in China seemed content with existing government measures to support the country’s slumping economy. But they are now calling for more stimulus. Judging by the lack of conviction in Chinese financial markets, the outcome of this month’s key policy meetings may be the deciding factor for investors. While volatility in stocks and the yuan […]
The Fed has all but ruled out (meaning not) the economic and financial-markets impact of the C-19 coronavirus chaos that is causing investors to give serious thought to the implications of a policy shift to negative interest rates Rate options, which gauge monetary policy expectations Monday implied a 23% probability that the Key fed funds […]
$DIA $SPY $QQQ $RUTX $TSLA $VXX Tesla (NASDAQ:TSLA) CEO Elon Musk, with 34-M Twitter followers, has openly defied an order from the Alameda County Health Department to conduct only minimum operations at the company’s EV plant in Fremont, California, that normally employs 10,000 people. On Twitter he made derisive comments about the county’s Top health […]
Japan’s Nikkei share average slipped from a two-month high on Tuesday as concerns about further waves of coronavirus infections undermined recent optimism on economic re-openings. The Nikkei share average ended down 0.12% to 20,366.48 points, a day after it hit a 2-month high. It has risen 18.7% from a bottom hit on 19 March. The […]
UK FTSE 100 (.FTSE) Stocks to edge lower as traders mull lockdown easing London stocks were set to edge lower on Tuesday as investors continue to mull the loosening of lockdown restrictions in the UK and abroad.The FTSE 100 was called to open 12 points lower at 5,927. Shayne Heffernan Trade Idea “The pound sold […]
$DIA $SPY $QQQ $RUTX $VXX US households expect the stock market to go higher in the next 12 months, as their own finances slide, according to a Federal Reserve Bank of New York poll. Americans saw better than 50-50 odds of higher stock prices over the next yr for the 1st time since data collection […]
Dow Jones Industrial Average (.DJI) End of Capitalism? There is an unfettered greed and it sits at the heart of the world economy. Its most visible incarnation, of course, is Gordon Gecko’s home turf — Wall Street itself. Home of the New York Stock Exchange where trillions of stocks and shares are traded daily. Here […]
$RACE Motor racing great Mario Andretti would love to see Italian carmaker Ferrari (NYSE:RACE) join the North American Indycar series as a chassis and engine supplier. Mr. Andretti, one of 4 drivers to claim both the F1 and IndyCar drivers championships, said in an interview Sunday that IndyCar series owner Roger Penske and Ferrari team […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The DJIA is up about 30% from its 23 March low at 18.591.93, the S&P 500 SPX is up about the same per cent from its low at 2,237.40, and the NAS Comp has climbed by 32.5% from its lows of 6,850.67. My work shows the US market will continue rising well […]
$CRL, $HLF, $IPHI, $PODD, $MSI, $SPTN These are all Buys if you can manage the risk. Daily HeffX-LTN reviews dozens of Wall 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 our list for Monday, 11 May, as follows: Charles River Laboratories International Inc. (NYSE:CRL) […]
China stocks shed early gains to end a tick lower Monday, amid renewed concerns over the coronavirus outbreak as Wuhan reported its 1st cluster of infections since the lockdown was lifted a month ago. At the close, the Shanghai Composite index was down 0.02% at 2,894.80. The blue-chip CSI300 index was down 0.09%, with its […]
$IMAX, $T The lineup for the film, music and sporting events, set to launch on 25 June, will be announced in the coming weeks. Tribeca is taking audiences back to the Drive-in this Summer. Tribeca Enterprises, Imax (NYSE:IMAX) and AT&T (NYSE:T) said Wednesday that they are partnering to launch “Tribeca Drive-In,” a Summer programming series […]
$RACE Mr. Leonardo Fioravanti, 81 anni, is the designer behind much of the magic produced by Carrozzeria Pininfarina in the 1970’s and ’80’s and is celebrated as such by Ferrari (NYSE:RACE) afficianatoes world wide. To those that know, this affable, manicured gentleman is perhaps the most revered man in modern Ferrari design He is responsible […]
$XAU $GLD $VXX $USD The Big Q: How High is Too High for the precious Yellow metal? Q-1 of Y 2020 was positive for gold prices, as the chart below shows. The precious Yellow metal gained 6.2% from 31 December 2019 to 31 March 2020, moving from 1,515 to 1,609 oz. In April, gold rallied to 1,693, increasing […]
Sinopec Corp (HKG: 0386), China’s leading energy and chemical company, has put China’s largest petrochemical port into operation with the successful docking and unloading of the New Renown, Crude Oil Tanker (VLCC) from the Middle East. The tanker was welcomed at the new 300,000-ton crude oil terminal of Sinopec Zhongke Refinery Port, which forms part […]
Tesla chief Elon Musk on Saturday threatened to pull his electric car headquarters and plant out of California after local authorities kept him from resuming production due to the coronavirus pandemic. “Frankly, this is the final straw. Tesla will now move its HQ and future programs to Texas/Nevada immediately,” Musk tweeted in a long diatribe, […]
$RACE Ferrari (NYSE:RACE) is hopeful the loss in revenue from its Formula 1 team will be “short-lived” through Y 2020 as it prepares for a decline in prize money and sponsorship income. All 10 F1 teams are anticipating a decline in racing revenue activities this year due to the impact of the C-19 coronavirus chaos. […]
Apple on Friday said it will begin gradually reopening its retail shops in the US next week, taking pandemic precautions such as making sure everyone in them wears masks. The iPhone maker planned to start with some stores in Alabama, Alaska, Idaho and South Carolina. “We’ve missed our customers and look forward to offering our […]
German airline giant Lufthansa said Friday it will fly twice as many aircraft in June as in recent weeks and return to some European destinations, but the flight plan remains a shadow of pre-coronavirus operations. Spots beloved of holidaymakers like Spanish island Mallorca, Crete and German North Sea retreat Sylt will return to the timetable, […]
$DIA $SPY $QQQ $RUTX $VXX Friday, President Trump said that he is in no hurry for Congress to pass more C-19 coronavirus related stimulus measures to help the economy. “We are in no rush,” President Trump said while meeting with House Republicans who spent an hour taking turns complimenting and congratulating the President for his […]
$RACE What I know is that there are people for whom the economy is never bad, and that includes Ferrari (NYSE:RACE) owners and buyers. The iconic Italian automaker posted better-than-expected earnings for Q-1 of Y 2020 and actually saw a 5% increase in new car sales. Revenue was down just 1% in the Q. Management […]
$BJ, $GM, $POTN, $RNG, $SQ, $TPR, $WYNN These are all Buys if you can manage the risk. Daily HeffX-LTN reviews dozens of Wall 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 our list for Friday, 8 May, as follows: BJ’s Wholesale Club Holdings Inc. […]
China stocks closed higher Friday as investors cheered Beijing opening up its financial markets further to foreign investors. China finalised rules Thursday that scrap quotas under 2 major inbound investment programs, giving qualified foreign institutions unlimited access to Chinese stocks and bonds. At the close, the Shanghai Composite index was up 0.83% at 2,895.34 and […]
$DIA $SPY $QQQ $RUTX $VXX Here is a summary of this week’s Key messages: The overall labor market situation remains awful. The numbers continue to set records, from the 7-wk total of 33.5-M jobless claims to 22.6-M in continuous claims. Behind these numbers is pain as illustrated by long lines at food banks across the […]
$DIA $SPY $QQQ $RUTX $VXX Big Tech stocks turn higher on the year and an ETF that tracks the biggest among them has grew to a $100-B market value. None of the economic damage wrought by the C-19 coronavirus chaos has kept investors from investing in companies that stand out for their strong balance sheets […]
GSX Techedu Inc. (NYSE:GSX) Heading for a Dip GSX TECHEDU INC. is a China-based holding company principally involved in the provision of technology-driven education services. Through its subsidiaries, the Company is engaged in the provision of online K-12 after-school tutoring services. It also offers foreign language, professional and interest courses. The Company conducts its businesses […]
New claims for unemployment benefits filed by US workers declined slightly last week, but were still a staggering 3.2 million, government data said Thursday. The data from the Labor Department bring the total claims filed since mid-March, when the coronavirus pandemic forced businesses to close their doors to stop the virus’s spread, to 33.5 million. […]
The number of international tourist arrivals could plunge by 60 to 80 percent in 2020 owing to the coronavirus, the World Tourism Organization said Thursday, revising its previous forecast sharply lower. Widespread travel restrictions and the closure of airports and national borders to curb the spread of the virus had plunged international tourism into its […]
Evidence mounted of the devastating economic impact of the coronavirus pandemic on Thursday as hard-hit Europe moved to further ease lockdown measures that ground its economies to a halt. “the data we are seeing now is just the tip of an Iceberg that we are yet to fully comprehend, we are not a buyer of […]
No one would argue with you if you categorize 2020 among biblical years. What the world is currently experiencing hasn’t been felt for decades, or even centuries. Every aspect of life has been affected, from political to social to the economic sectors. Details are still sketchy now, but, of course, life will have to go […]
$RACE There is no question that the C-19 coronavirus chaos has ripped its way through almost every aspect of life as we knew it in February. Even Supercar manufacturing was not immune to the effects of the medical emergency that swept the planet. Exclusive automakers the world shut down operations, including Ferrari (NYSE:RACE). But, things have turned […]
$NEM Newmont Corp. (NYSE:NEM): Deutsche Bank reiterated its Buy rating and raised its price target to 70 from 54. NEM has seen its shares surge since merging Newmont and Goldcorp to create the world’s Top gold-mining stock. With a market cap of $50-B, the company is loving the price of gold at near 10 yr […]
$KLAC, $LADR, $LSPN, $NEM, $PCG, $RPAI These are all Buys if you can manage the risk. Daily HeffX-LTN reviews dozens of Wall 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 our list for Thursday, 7 May, as follows KLA Corp. (NASDAQ:KLAC) was reiterated as […]
Asian shares pared early losses Thursday after Chinese exports proved far stronger than even Bulls imagined. Around the region, MSCI’s Asia sans Japan stock index was weaker by 0.1%, while Japan’s Nikkei index closed up 0.28%. China stocks ended lower Thursday, as investors are still cautious on a bleak trade outlook globally that could slow […]
In response to the devastating effects the C-19 coronavirus chaos is having on small businesses, the Securities and Exchange Commission (SEC) on 4 May 2020 adopted a temporary final rule to make it easier for existing businesses to raise up to $250,000 through Regulation Crowdfunding. Under the relaxed rules, which are in effect only until […]
China’s exports saw a shock 3.5 percent rise in April despite the global impact of the coronavirus pandemic, official figures showed Thursday, but analysts warned of weakness ahead as key markets suffer downturns. The brewing threat of a renewed trade war with the United States could also pose a problem, observers said. You will find […]
$DIA $SPY $QQQ $RUTX $VXX In Y 2016, the US economy was continuing its 8 year stagnation. The 2008-2009 Great Recession was over, but the expansion never happened, as the slow recovery was, well slow! Donald J. Trump was elected President and things changed. He brought economic prosperity to America. The Big Q: Can he […]
The Walt Disney Company (NYSE:DIS) theme parks projected lose of $21 billion because of the coronavirus Disney revealed it lost a potential $1 billion due to park closures over the COVID-19 outbreak, but that might only be the beginning. Disney theme parks could lose close to $21 billion in revenue through 2022 because of closures from the coronavirus pandemic, The Orange County […]
$RACE F1 has presented its long-term roadmap for budget reduction to the teams, with a decision expected next week. It is understood that figures include a cap set for $145-M in Y 2021, coming down to $140-M in Y 2022 and then to $135-M for Ys 2023-25. The targeted numbers are acceptable to midfield teams […]
$ADVM, $BKNG, $DKNG, $EA, $PTON, $TRIP These are all Buys if you can manage the risk. Daily HeffX-LTN reviews dozens of Wall 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 our list for Wednesday, 6 May, as follows: Adverum Biotechnologies Inc. (NASDAQ:ADVM) was raised […]
Australian shares ended lower in lite trade Wednesday as investors took profits after 2 sessions of sharp gainers, with banking stocks dominating the losses. The S&P/ASX 200 index closed 0.42% lower to 5,384.6 pts, having gained more than 3% in the past 2 sessions as the country eased coronavirus restrictions. New Zealand’s benchmark S&P/NZX 50 […]
Like a global tsunami, the coronavirus pandemic has caused a huge loss of life and taken a massive economic toll and wave after wave of economic news will prove disastrous in the mid term. In the US economy, skyrocketing unemployment is the most-visible sign of the devastation: almost overnight, at least 30 million workers lost […]
Most equities rose again on Wednesday as investors grew increasingly, but cautiously, hopeful that the worst of the coronavirus had passed and as countries begin to slowly open up from lockdown. But the unemployment data will hurt the sentiment at the end of the week. We are not buyers in here, the Politicians that imposed […]
$DAL $UAL $AAL $LUV $JETS Savvy investors in ETFs are brushing off Berkshire’s Warren Buffett’s warnings on the airline industry. US Global Jets ETF, ticker JETS, has seen 44 days of inflows totaling $632-M so far. The cash streak extended even after Mr. Buffett said Berkshire Hathaway exited its positions in airlines, cautioning that the prospects […]
Wall Street rallies, investors focus on recovery and ignoring the bad news. The US economy could start to recover in 2-H of this year after what looks to be the worst recession in decades, growth may be slow and uneven, some Fed policymakers hinted Tuesday. Their soft assessments came as a majority of US states […]
$USO $OIL WTI Crude Oil prices spiked Tuesday, as some European and Asian countries along with several US states began to ease C-19 coronavirus lockdown measures. The rally extended Brent Crude Oil gains to 6 days running, while US WTI Crude Oil has rallied for 5 straight sessions. Fuel demand worldwide was down about 30% in […]