Facebook’s (NASDAQ:FB) CEO In Awe of Team Trump’s Social Media Marketing $FB Facebook (NASDAQ:FB) insiders were in awe of Donald Trump’s campaign marketing on the social media platform, and viewed it as 1 of the most imaginative strategies ever. According to reports, CEO Mark Zuckerberg put in a secret call after the election to congratulate […]
F1: Ferrari (NYSE:RACE) to Challenge MercedesAMG at the Hockenheimring Sunday $RACE The 2018 German Grand Prix will be held at the Hockenheimring on 22 July and with the way the season has shaped up so far, there could be a lot of action both at the Top and at the middle of the pack. A resurgent Ferrari […]
US Jobless Claims Lowest Since 1969 $DIA, $SPY, $QQQ, $RUTX, $VXX The number of Americans filing for unemployment benefits dropped to a more than 48.5 year low last week as the labor market strengthens further. Other data Thursday showed manufacturing activity in the mid-Atlantic region accelerated in July amid a surge in orders received by […]
UK FTSE All Share (.FTAS) Expected to Open a Little Unchanged The FTSE 100 index UKX, +0.10% rose 0.1% to close at 7,683.97, marking a third straight session in positive territory. Sterling GBPUSD, +0.0307% slumped to an intraday low of $1.2958, hitting its lowest dollar level since early September last year. A weaker pound can […]
Shanghai: SSE Composite Index (.SSEC) Extend Losing Streak The dollar retreated from a three-week high as investors cashed in on gains the currency made after U.S. Federal Reserve Chairman Jerome Powell’s two-day testimony reinforced a strong economic outlook. The trade war fears between the United States and China kept the offshore yuan to 6.7650 per […]
Australia: S&P/ASX 200 (.AXJO) Set to Open Lower The Australian sharemarket extended yesterday’s gains in early trade but failed to capitalise on solid jobs data as the dollar and bond yields rallied. The S&P-ASX 200 index was up 0.4 per cent in morning trade after the US s&P 500 index rose 0.2 per cent last […]
Hong Kong: HANG SENG INDEX (.HSI) shares drop, led by airlines China Southern Airlines and other carriers tumbled as the yuan slid to the lowest level in 12 months after the central bank lowered the reference rate amid the intensifying trade spat with the US. The Chinese currency fell as much as 0.5 per cent […]
Twitter, Inc. (NYSE:TWTR) Big Improvements are ‘Already Priced In’ Twitter has quietly been one of the best performing US stocks this year. It’s up more than 80% this year, but has flown under the radar because of the big gains from tech giants Netflix and Amazon. Macquarie Research lowered its rating on shares of Twitter […]
Facebook, Inc. (NASDAQ:FB) Trading at All-Time Highs After the giving short look at one day return of Facebook, Inc. it is observed that FB reported positive return of 1.33% in last trading session. It is a positive indicator for investor portfolio value — when the price of a stock Investor owns goes up in value. […]
Dow Jones Industrial Average (.DJI) Target 30,000 is a Real Milestone U.S. stocks were poised for a day of mild losses on Thursday, with the Dow industrials on track to pull back from a five-day rally driven partly by optimism over the U.S. economy. Traders appeared to be pausing for breath as they looked ahead […]
Alibaba Group Holding Limited (NYSE:BABA) Investing in Focus Media Alibaba is investing big bucks into offline distribution. The Chinese e-commerce giant has forked out $2.23 billion in exchange for a sizeable piece of Focus Media, a Shanghai-based company that operates outdoor digital advertising screens across China, Singapore and Hong Kong, according to a U.S. filing. […]
Alphabet Inc. (NASDAQ:GOOG) Up Despite €4.3 Billion EU Fine Google parent Alphabet (GOOG – Get Report) , (GOOGL – Get Report) rose slightly in midday trading Wednesday following news of a record $5 billion European Union fine against the company for manipulating Android mobile devices to give the Google search engine an advantage over rivals. […]
Tesla, Inc. (NASDAQ:TSLA) Keep Those Seatbelts Fastened Between 2010 and 2018, Tesla’s smart money, institutional investors and corporate investors, have easily doubled their Tesla returns unlike an average Tesla buy-and-hold investor. Many active Tesla stockholders such as hedge fund managers and short sellers did not make more money than an average Tesla investor. Presumably, Tesla […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus and a overall Bullish outlook.PE DJIA at 25199.29, +0.32% is moving to test 1st resistance at 25250. DIA looks Bullish in here with 4-sessions up. If DIA breaks above 25250, will likely continue to rally to 25600 medium term. DAX at 12765.94, […]
Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE NYMEX WTI at 68.81 is up from 67, while the price trades higher, it can test at 72. But, a fall from 70 open the way to 66-65 medium term. For now while above 67, price might move higher. ICE […]
Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $BMO, $BWA, $CDW, $CF, $FPI Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Street’s Top analysts outlook for Key issues for Thursday, as […]
Chicago Agriculture Commodities Traded Higher $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities traded higher Wednesday morning, but the upward momentum boosted by declined crop ratings seemed weak. As of 1459 GMT, the most active December Corn was up 1.5C at 3.6125 bu, and Soybean contract for November delivery rose 1.25c at 8.565, while September […]
F1: Ferrari’s (NYSE:RACE) Vettel Vs MercedesAMG at the German Grand Prix $RACE Sunday’s German GP at Hockenheim has Ferrari (NYSE:RACE) champion Sebastian Vettel pitted against MercedesAMG in the quest for F1 supremacy. Mr. Vettel, a German, leads the drivers’ championship by 8 points after victory over Lewis Hamilton at the British Grand Prix. Mr. Hamilton […]
Wall Street On Track For Banner Year! $DIA, $SPY, $QQQ, $RUTX, $VXX Despite the persistence of geopolitical and economic risks, the backdrop is constructive There are more catalysts in the market and more participation. Wall Street trading desks’ revenue is on track for the best year since 2011, Q-2 earnings reports from big US banks […]
Hong Kong: HANG SENG INDEX (.HSI) Shares Down Slightly Hong Kong shares fell slightly on Wednesday, with risk appetite curbed by renewed yuan weakness. The Hang Seng index fell 0.2 percent, to 28,117.42, while the China Enterprises Index lost 0.1 percent, to 10,578.46 points. Overall, the bias in prices is: Downwards. Note: this chart shows […]
Singapore: STI Index (.STI) Slightly Extends Gains Regulators in Singapore are looking to ramp up targeted measures against financial crime, including tapping data analytics and boosting information sharing with financial institutions, said an official from the Monetary Authority of Singapore (MAS) on Wednesday morning. The Cyber Security Agency of Singapore (CSA) and the Financial Services […]
Australia: S&P/ASX 200 (.AXJO) Miners lead ASX Higher The Australian sharemarket rebounded from two days in the red, following a strong session for mining giant BHP Billiton. The best performing stock in the S&P/ASX 200 is Saracen Mineral Holdings Limited (ASX:SAR), rising 7.32 per cent higher to $2.20, followed by shares in Technology One Limited […]
Asahi Marusan Management reported this morning that Chinese e-commerce operator Pinduoduo Inc which is backed by Tencent Holdings is planning to raise up to $1.6 billion during its US IPO to bolster its fight against rival Alibaba. Pinduoduo Inc located in Shanghai, is offering 85.5 million Depositary Shares in the US with a price between […]
Trade War: Who is Cheating? Everyone China has accused the United States of hurting the global economy by waging trade wars. Beijing says the whole world will retaliate if Washington sticks with its aggressive trade policy. The US trade war is not just with China but with the rest of the world. By regarding the […]
F1: Miami Set to Vote on Hosting Grand Prix Racing $LMCA The Miami Grand Prix may take a step closer to becoming a reality next week when a meeting of the City Commission votes on the proposed 20-year contract with Liberty Media (NASDAQ:LMCA) for the race. In an earlier vote the City Commission voted to […]
Twitter and Bloomberg Take on Stocktwits Bloomberg announced today the expansion of its relationship with Twitter, launching a real-time feed of curated Twitter data, so that enterprise clients can incorporate the most financially relevant content into their trading algorithms. Built on the back of Bloomberg’s robust Natural Language Processing techniques and available through the company’s […]
Dow Jones Industrial Average (.DJI) No News is Good News Wall Street has risen as Federal Reserve chairman Jerome Powell’s optimistic view on the US economy and solid earnings from Dow component Johnson & Johnson lifted expectations of a robust second-quarter earnings season. Powell, discounting the risk that a trade war may throw a global […]
Alibaba Group Holding Limited (NYSE:BABA) This dip is a buying opportunity In mid-June, Alibaba (NYSE:BABA) was making new all-time highs above $210 as investors were focused on the company’s hyper-growth prospects through the booming Southeast Asian consumer markets. But then escalating trade tensions stung the stock. Investors stopped focusing on big growth in under-penetrated Southeast […]
Facebook, Inc. (NASDAQ:FB) Bullish Momentum To Continue Shares of Facebook Inc. (FB) (Facebook Inc 209.99 +1.33%) are up nearly tenfold over the past five years, easily outpacing the S&P 500 return of just 66 percent. Facebook, Inc. has a consensus outperform rating from 45 Wall Street analysts, and the number of shares currently sold short […]
Twitter, Inc. (NYSE:TWTR) Have Skyrocketed 135% Over the Last Year Shares of Twitter have skyrocketed 135% over the last year, which crushes the S&P 500’s 15.3% climb and also tops Amazon’s (NASDAQ:AMZN) 76%. This climb includes a nearly 50% surge over the last three months on the back of its impressive first quarter. The recent […]
Alphabet Inc. (NASDAQ:GOOG) Record-Busting Fine Looms Google will learn if it faces a record fine over its Android operating system in the coming hours. The European Commission has claimed the US tech giant’s mobile device strategy unfairly strengthened its dominance of search. The regulator can fine the firm up to 10% of its annual revenue […]
NASDAQ Composite (.IXIC) Sets Record Tech traders who spent the last few days worrying about what Netflix Inc.’s earnings would hold should’ve been thinking about something else: Jay Powell’s congressional testimony. After starting the day in the red after Netflix bombed on subscriber growth, the Nasdaq Composite Index rebounded before noon and closed at a record, along […]
Tesla, Inc. (NASDAQ:TSLA) No more drama, please Despite a massive backlog of Model 3 reservations, Tesla is having trouble finding customers for the premium Model 3 variants that it can actually build profitably. Tesla (NASDAQ:TSLA) finally seems to be fixing its early production hiccups for the highly anticipated Model 3 sedan. The electric-car pioneer produced […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus and a overall Bullish outlook.PE DJIA at 25119.89, +0.22% looks to test at 25250 and then to 25600 longer term. Overall near to medium term looks Bullish with a dip from 25250 before resuming the uptrend. DAX at 12661.54, +0.80% […]
Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Commodities are in a downtrend and under strong Bear influence. PE Note: Crude Oil prices continue to fall on increased supply and reduced demand from China. Libyan production is rising, as is Russian output, and Saudi Arabia is pumping record volumes which is […]
Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $BLDR, $CRL, $COST, $ILMN, $INNT Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Street’s Top analysts outlook for Key issues for Wednesday, as […]
Chicago Agriculture Commodities Traded Higher $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities traded higher Tuesday, with Corn and Soybean futures rising over declined crop ratings. As of 1459 GMT, the most active December Corn was up 5c at 3.605 bu, and Soybean contract for November delivery rose 9.5c at 8.5525, while September Wheat was […]
Most Investors Pick Stock Funds as Best Long-Term Investment $SPY Investors have selected stock index or mutual funds over 5 other investments as the best for the long term results, according to the latest Wells Fargo/Gallup Investor and Retirement Optimism survey. Real estate and individual stocks are a distant second. Fully 54% of investors choose […]
F1: Ferrari (NYSE:RACE) Chose Pirelli’s Ultrasofts for the Hungarian GP $RACE Ferrari’s approach to tire choice ahead of its Key rivals for the Hungarian Grand Prix. For the Hungarian GP both MercedesAMG and Red Bull Racing are opting for 7 sets of the ultrasofts (Pirelli Purple) for each of its drivers. While Ferrari (NYSE:RACE) has given Sebastian Vettel 9 […]
Fed Upbeat on US Economy, the NAS Marks Another Record High $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday the NASDAQ marked a fresh record, as the Fed Chief, Jay Powell, offered an upbeat appraisal of the US economy. The tech-rich NAS Comp gained 0.6% to 7,855.12, 30 pts above the record set on 13 July . […]
Singapore: STI Index (.STI) A key focus now: how firms are weathering trade disputes The Straits Times Index (STI) ended 6.85 points or 0.21% higher at 3239.64, taking the year-to-date performance to -4.80%. The top active stocks today were DBS, which gained 0.54%, Venture, which gained 3.53%, OCBC Bank, which declined 0.18%, UOB, which declined […]
Australia: S&P/ASX 200 (.AXJO) Set to Open Higher Australian shares are poised to open higher, bolstered by gains on Wall Street and in Europe. ASX futures up 18 points.. The Australian dollar slips. Here’s a short recap of the Australian market: S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.61% to 6,203.60 ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower […]
Hong Kong: HANG SENG INDEX (.HSI) disruptions in global trade would pose risks The economic backdrop is encouraging, with near-term resilience in China and solid corporate earnings. We like selected Southeast Asian markets but recognize a worse-than-expected Chinese slowdown or disruptions in global trade would pose risks to the entire region. Stable fundamentals, cheapening valuations […]
What Should Investors do with Twitter, Inc. (NYSE:TWTR) Stock? Unmatched earnings momentum, corporate tax cuts and fiscal stimulus underpin our positive view. We like momentum. We prefer quality over value amid steady global growth but rising uncertainty around the outlook. Financials and technology are our favored sectors. Nearly one fifth of the S&P 500 market […]
Tesla, Inc. (NYSE:TSLA) Musk “can stick his submarine where it hurts Musk taught himself computer programming at the age of 12. He moved to Canada when he was 17 to attend Queen’s University. He transferred to the University of Pennsylvania two years later, where he received an economics degree from the Wharton School and a […]
Facebook, Inc. (NASDAQ:FB) Investing Heavily in Technology to Remove the Bad Stuff Before It’s Even Reported There are two ways to get bad content, like terrorist videos, hate speech, porn or violence off Facebook: take it down when someone flags it, or proactively find it using technology. Both are important. But advances in technology, including […]
Alphabet Inc. (NASDAQ:GOOG) Google Assistant is growing up One of the most important things we learn as children is how to communicate with each other. We start with “goo goos and gaa gaas,” then on to baby sign language, a few simple words like “momma,” and our conversations get more complex from there. For the […]
US Considering Crude Oil Waiver on Iran Sanctions for 1 Country $OIL, $USO The Trump Administration is pushing countries to cut all imports of Iranian Crude Oil from November on. The US wants to avoid disrupting global Crude Oil markets as it reimposes sanctions against Tehran and in certain cases will consider waivers for countries […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus. PE Note: Overall the indices look Bullish long term to me. DJIA 25064.36, +0.18% and DAX at 12561.02, +0.16% continue to trade higher. DIA is near resistance at 25250 on the daily’s whereas DAX is stable with 12500-12700 looks unable to move […]
Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary:Nothing new. PE ICE Brent Crude 72.25, +0.57% below support at 73 and now targets 70. The sharp fall in Crude Oil prices came in after comments from US Treasury Secretary Steven Mnuchin stated that the administration will consider the use of waivers for countries to […]
Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $VFC, $WFC, $KNX, $WYND Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Street’s Top analysts outlook for Key issues for Tuesday, as follows: […]
Chicago Agriculture Commodities Finished Mixed $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities finished mixed Monday morning, with soybean futures rebounding from record lows due to the US-China trade tensions. As of 1454 GMT, the most active Soybean contract for November delivery rose 14.5c at 8.4875 bu, and December Corn was up 3.5c at 3.5825 […]
The European Union’s top officials arrive in Japan Tuesday to sign the single market’s biggest trade deal ever and present a united front as Washington upends the international trade order. EU Council President Donald Tusk and Commission head Jean-Claude Juncker land in Japan after talks in Beijing, where they urged global trade cooperation and warned […]
Energy firms led a sell-off in most Asian equity markets on Tuesday while confidence remains fragile owing to ongoing fears of a global trade war. After hitting three-and-a-half-year highs at the start of the month, crude has dropped almost 10 percent as it is hit by a perfect storm of issues that have fuelled fears […]
South Korea plans to revise a law to foster inter-Korean exchanges and support companies doing business with the North, the unification ministry said Tuesday. The law revision would oblige the government to put any restrictions and bans on economic projects with North Korea to a Cabinet review and provide support to help normalize the operations […]
Netflix shares plunged Monday after the leading streaming television service said subscriber growth fell short of expectations in the recently ended quarter. Membership in the quarter grew 5.2 million to a total of 130 million, matching the same period last year but a million shy of what Netflix had forecast, according to a letter released […]
Tesla is Imploding as CEO has Tantrum $TSLA Tesla shares stumbled Monday as chief executive Elon Musk faced criticism over a public spat with a British diver who worked on the Thai soccer team rescue. Shares of the electric car maker were down 3.5 percent in late-morning trading at $307.82 on news that Musk could […]
Bitcoin Stable As Big Players Enter the Digital Currency Sector $BTCUSD, $CME, $CBOE, $BLK Bitcoin rallies 5% as BlackRock reportedly weighs crypto venture Bitcoin opened higher, climbing as much nearly 6%, following reports that the world’s largest asset manager was considering a push into the digital-currency market. Monday, it was reported that BlackRock (NYSE:BLK), which […]
Ferrari’s (NYSE:RACE) Display Wow’d at Goodwood Festival $RACE Ferrari’s (NYSE:RACE) display at this year’s Goodwood Festival of Speed (FoS) showcased the Maranello outfit’s brand horsepower. Making their UK debut at this world-famous event were the 488 Pista, Portofino, 812 Superfast and FXX K Evo. And putting the 599XX, FXX and FXX K Evo through their track paces were The Scuderia’s GT […]
Atlanta Fed: “US Economy Growing at 4.5% Annualized Rate” $DIA, $SPY, $QQQ, $RUTX, $VXX Monday, the Atlanta Fed announced that the US economy is growing at a 4.5% annualized rate in Q-2 following the latest data on strong retail-sales data, the GDPNow forecast model showed. The latest estimate on GDP growth is faster than the […]
UK FTSE All Share (.FTAS) IMF cuts UK growth forecasts The FTSE 100 closed 61.42 points down to 7,600.45, after opening flat, dragged lower by energy and mining companies after a slide in the price of oil and metals. BP and Royal Dutch Shell both fell by about 2 per cent after the price of Brent Crude […]
Shanghai: SSE Composite Index (.SSEC) stocks fall on soft economy data Chinese mainland stocks started the week on a soft note, after data showed the country’s economy expanded at a slower pace in the second quarter, while the heated trade war with the US threatened to knock exports. The blue-chip CSI300 index dropped 0.59 percent […]
Singapore: STI Index (.STI) higher in back-to-back trading days The Singapore stock market has moved higher in back-to-back trading days, gathering more than 40 points or 1.2 percent along the way. The Straits Times Index now rests just above the 3,260-point plateau and it’s expected to open in the green again on Monday. The global […]
Australia: S&P/ASX 200 (.AXJO) poised to open lower, oil plunges Australia stocks were lower after the close on Monday, as losses in the Gold, Healthcare and A-REITs sectors led shares lower. At the close in Sydney, the S&P/ASX 200 lost 0.45%. The best performers of the session on the S&P/ASX 200 were G8 Education Ltd […]
Hong Kong: HANG SENG INDEX (.HSI) stocks decline as investors await China data Investors seek for clues from quarterly economic indicators of the initial economic impact from trade war and ongoing financial deleveraging In Hong Kong, the Hang Seng Index added 0.1 per cent, or 14.22 points, to 28,539.66. The Hang Seng China Enterprises Index, […]
China and Russia back Iran The enemy of my enemy is my friend is an ancient proverb which suggests that two opposing parties can or should work together against a common enemy. Moscow and Tehran are expanding economic cooperation, with Russia planning multi-billion dollar investments in Iran’s energy sector. The move comes as major Western […]
Some US manufacturers are delaying investments and raising prices as President Donald Trump escalates trade wars with key US economic partners but most companies report no change, according to a survey released Monday. The National Association for Business Economics also found in its monthly report that members unanimously expected economic growth to continue in the […]
Deutsche Bank Beats Germany’s biggest lender Deutsche Bank said Monday it had far outstripped analysts’ estimates of its earnings in the second quarter, but its bottom line remained short of last year’s performance. The group said it would report net income of “approximately 400 million euros” ($467 million) between April and June — 10.5 percent […]
Elon Musk Failed to Cash in on Thai Cave Incident Elon Musk has crashed and burned again, this time he is being ridiculed online for his highly-publicized attempts to cash in on the rescue of trapped Thai boys in a music-playing mini-submarine – which local authorities deemed “impractical.” Thai Navy SEALs have just completed the […]
Tesla, Inc. (NASDAQ:TSLA) Production Hell Continue To Trickle Out Tesla Inc (NASDAQ:TSLA) originally planned to produce 200,000 Model 3 sedans by the end of 2017. When the year ended, it had only made 2,700 of them. Instead of producing a futuristic army of fast-working robots to assemble the electric cars, Tesla has relied heavily on […]
Life After Google (NASDAQ:GOOG) The hardest part of investing is knowing when to sell a stock. When you do buy one, always have an exit strategy—not for right away, this quarter, this year or even the next few years. But constantly question how soon the seeds of destruction will bloom at your company. I guarantee […]
Twitter, Inc. (NYSE:TWTR) could see more gains ahead Checking in on some valuation rankings, Twitter, Inc. (NYSE:TWTR) has a Value Composite score of 74. Developed by James O’Shaughnessy, the VC score uses five valuation ratios. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, and price to […]
NASDAQ Composite (.IXIC) extraordinary price action to the upside Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 8,009.25. The projected lower bound is: 7,671.71. The projected closing price is: 7,840.48. Candlesticks A black body occurred (because prices closed lower than they […]
Facebook, Inc. (NASDAQ:FB) Valuations Are Baffling You’re about to read about technology stocks, but don’t expect to see a mention of the “B” word (for “bubble”). Some smart analysts recently urged calm about the eye-popping stock market values of a handful of U.S. technology superstars, including Apple Inc. and Amazon.com Inc. The gist is that […]
Alibaba Group Holding Limited (NYSE:BABA) Target $200 Overall, the bias in prices is: Downwards. The projected upper bound is: 200.14. The projected lower bound is: 180.29. The projected closing price is: 190.21. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 2 white candles […]
Dow Jones Industrial Average (.DJI) Looking Good Heading Into Earnings Season The upside price moves recently in the US Equities markets have been dramatic. While many people believe the US Equity markets are overvalued and setting up for a top, we believe just the opposite – that the US Equity market and strong US Dollar […]
China and the Trade War Beijing has filed a complaint with the World Trade Organization (WTO) against planned US duties on $200 billion worth of Chinese products, China’s Ministry of Commerce announced on Monday. Last week, the ministry said it would immediately file a complaint to the WTO against what it called US unilateralism. In […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX This week it is President Trump and President Putin’s Summit in Helsinki Finland, but there is a lot to move markets during this week. President Donald Trump meets Russian President Vladimir Putin in Helsinki Monday, and that is the main event this week. But earnings […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus. PE Note: Overall the indices look Bullish long term to me. DJIA at 25019.41, +0.38%, and DAX at 12540.73, +0.38% have risen almost 0.40% and looks Bullish now with Northside targets of 25250 and 12800 respectively. Nikkei at 22597.35, +1.85% trades […]
Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary:Nothing new. PE ICE Brent Crude at 74.84, -0.65% bounced from support, while that holds, Brent Crude is Bullish to 78-79 near term. NYMEX WTI Crude at 70.60, -0.58% has room on the Southside but may come 73 on a rise in Brent Crude, may not […]
Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $T, $BLK, $AVGO, $DEO, $GLMD Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Street’s Top analysts outlook for Key issues for Monday, as […]
Chicago Agriculture Commodities Finished Mixed $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities finished mixed Friday, with soybean futures ending at record lows on ongoing US-Sino trade frictions. The most active Corn contract for December delivery went down 4.5c, or 1.25% to close at 3.5475 bu. November Soybean delivery dropped 15c, or 1.77% to […]
Trade War: It’s Still Boom Time in China China’s gross domestic product expanded 6.8 percent year on year in the first half of 2018 to about 41.90 trillion yuan (6.27 trillion U.S. dollars), data from the National Bureau of Statistics (NBS) showed Monday. In the second quarter, China’s GDP rose 6.7 percent year on year, […]
The Boeing Company [NYSE:BA] announced deliveries across its commercial and defense operations for the second quarter of 2018. Major program deliveries during the second quarter were as follows: Major Programs 2nd Quarter 2018 Year-to-Date 2018 Commercial Airplanes Programs 737 137 269 747 1 3 767 5 9 777 13 25 […]
Singapore: Heffx Issues a Buy Rating on STI Index (.STI) Singapore has moved up two spots to place fifth in this year’s Global Innovation Index, while remaining top of the list among countries in South-east Asia, East Asia and Oceania. Singapore remained top of the class for government effectiveness, regulatory quality and foreign direct investment […]
Shanghai: SSE Composite Index (.SSEC) China companies increase share buybacks A growing tidal wave of share buybacks, unrivaled in history, has hit the capital markets this year, while the latest escalation in a global trade storm sent China into bear market territory. A string of 84 listed companies at least, including blue chip companies and […]
Hong Kong: HANG SENG INDEX (.HSI) extending gains from the previous session Asian stocks closed higher on Friday session, extending gains from the previous session, following the overnight rebound on Wall Street as investors shifted focus to the upcoming corporate earnings season amid a lack of escalation in U.S. and China trade tensions. Moreover, Friday’s […]
UK FTSE All Share (.FTAS) recovers, driven by defensives, as trade nerves ebb British shares bounced back on Thursday, driven by financial and consumer stocks, as investor worries eased and another bid for pay-TV firm Sky boosted its stock. The FTSE 100 ended the session up 0.8 per cent at 7,651.33 points, almost recovering all […]
Australia: S&P/ASX 200 (.AXJO) Set to Open Higher Australian shares were unchanged at the close of Friday’s session. The S&P/ASX 200 index, close the session at 6,268.400. In the banking space, ANZ Banking, Westpac, National Australia Bank and Commonwealth Bank are lower in a range of 04 percent to 0.5 percent. While, the best performers […]
Box Office: Hotel Transylvania 3 Tops Skyscraper $SNE, $AMZN, $DIS, $CMCSA ‘Hotel Transylvania 3: Summer Vacation’ opened to $44.1-M in the US, Topping out above ‘Skyscraper’ $25.5-M Sony’s (NYSE:SNE) Hotel Transylvania 3: Summer Vacation placed #1 in North America with $44.1-M from 4,267 theaters, compared to $25.5-M from 3,782 theaters for Skyscraper.Overseas, Hotel Transylvania 3 likewise beat Skyscraper for the weekend with […]
Ferrari (NYSE:RACE) 250 GTO Then and Now $RACE, $BID, $MSFT When a Tier 1 Vintage or Classic Ferrari comes to auction it is an event, and when a 250 GTO come to auction the it is a big event, one where the world is focused. The Ferrari (NYSE:RACE) 250 GTO is the most sought-after sports […]
China’s Trade Grows in June Despite Dust-up with US $ZTCOF ZTE Corp (OTCMKT:ZTCOF), China’s 2nd-largest telecommunications equipment maker to resume business. China’s trade grew by 2X digits in June despite mounting tensions with the US but the government warned it will face “rising instabilities and uncertainties.” Customs data Friday showed exports rose 11.3% over a […]
Iran has threatened to block the Strait of Hormuz, a vital artery for oil shipments from the Middle East. The warning comes in response to the US, which is trying to cut off Iranian crude exports. After pulling out of a landmark international deal curtailing Tehran’s nuclear program, Washington has ordered countries to cease buying […]
Trade War will Raise US Interest Rates U.S. financial services firms Morgan Stanley and JP Morgan said Friday that they expect the South Korean central bank to raise the base rate next month on a modest economic recovery and low inflationary pressure. In a monetary policy committee meeting on Thursday, the Bank of Korea (BOK) […]
At the heart of the spread of fake news are the algorithms used by search engines, websites and social media which are often accused of pushing false or manipulated information regardless of the consequences. – What are algorithms? – They are the invisible but essential computer programmes and formulas that increasingly run modern life, designed […]
Top global plane makers land at the Farnborough airshow in England next week, hoping to pick up speed on demand for passenger jets while charting a path through Brexit and trade war turbulence. This year’s sector showpiece event, opening Monday, will be buzzing on the back of rapid changes in the industry, as US titan […]
Trade War Update China China said Friday that its attitude on respecting and protecting intellectual property rights (IPR) is serious and its actions are effective, calling the U.S. allegations of so-called IPR theft by China groundless. “In recent months, the United States has repeatedly accused China of stealing intellectual property rights, but it has never […]
Ferrari (NYSE:RACE) Impressions of the Portofino $RACE Remember that when Ferrari (NYSE:RACE) introduced the California in Y 2008 many of us felt that the car heavy, under-powered and unfocused, not a Ferrari. Now I have learned that it was meant to be a Maserati. Ferrari rectified the issue in Y 2014 with the addition of a […]
Many US Industries Will Thrive During Trade Tensions $DIA, $SPY, $QQQ, $RUTX,$ VXX Several US industries are set to withstand the trade dust-up or even thrive, according to US financial services firm Cowen and Company. China’s recent revisions to tariffs have a clear benefit to luxury retailers, Cowen analysts said in its report. While the […]
Facebook, Inc. (NASDAQ:FB) SEC probing Facebook on timing of data-leak disclosures The SEC is investigating whether Facebook (FB +1.8%) gave adequate warnings to its investors about data leaks like the one central to the Cambridge Analytica scandal, The Wall Street Journal reports. The probe is in its early stages, and the SEC is currently trying to […]