The World’s Central Bank’s Demand for Gold at 3-year Highs $GLD, $GBP, $EUR, $CNY The world’s Central banks’ demand for gold reached a three year high, rising 8% during 1-H of Y 2018 compared to the same frame last year, according to a World Gold Council (WGC) market update on central bank buying activity released […]
Tesla’s (NASDAQ:TSLA) VP of Global Supply Management Ankles the Ailing EV Maker $TSLA Liam O’Connor is another 1 of a of Tesla execs to exit due to current DOJ (criminal) and SEC investigative climate. Tesla (NASDAQ:TSLA) is losing yet another executive in a string of departures going back months. This time, according to a report Thursday, […]
Aurora Cannabis Plans US Stock Listing in October $ACBFF, $TLRY, $KO, $SZT Canada’s Aurora Cannabis Inc. (TSX:ABC) said Thursday it planned a US listing of its shares in October, as it looks to cash in on strong investor appetite for marijuana producers. Interest has boomed in Canada’s marijuana companies ahead of legalization of recreational cannabis […]
Ferrari’s (NYSE:RACE) CEO, “We Will Work to Double Profits by 2022” $RACE Ferrari(NYSE:RACE) announced plans to introduce 15 new models on Tuesday, including a range of hybrids and a FUV vehicle, as it aims to 2X its earnings by Y 2022. In the company’s annual Capital Markets Day presentation Tuesday, CEO Louis Camilleri pared Ferrari’s long-term […]
The Trump Effect: DJIA, S&P 500 Mark Record Highs $DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, Wall Street delivered another set of milestones as buying drove US stocks due North, driving the DJIA above the all-time high it closed at in January, marking the 100th record high for DIA since President Trump took the Oval Office […]
Shanghai: SSE Composite Index (.SSEC) trade war caution persists Shares in China gave up ground on Thursday after two days of gains, as investor sentiment remained fragile following the latest volley of tariffs in the Sino-US trade war. At the close, the Shanghai Composite index was down 0.1 per cent at 2,729.24 points. The blue-chip […]
UK FTSE 100 (.FTSE) shares lagged their European peers on a trade war relief rally UK shares lagged their European peers on a trade war relief rally on Thursday, after better-than-expected UK retail data boosted the pound which acts as an accounting drag on their foreign revenues. While analysts had expected a strong spring and […]
Hong Kong: HANG SENG INDEX (.HSI) stocks enjoyed more gains Hong Kong stocks enjoyed more gains at the open on Thursday on growing optimism that China and the United States can reach an agreement to avert an all-out trade war. The Hang Seng Index rose 0.72 per cent, or 198.35 points, to 27,605.72 in early […]
Singapore: STI Index (.STI) resumed trading essentially flat Singapore stocks resumed trading essentially flat on Thursday after the midday lunch break, with the Straits Times Index shedding 0.27 of a point, or 0.01 per cent to 3,176.3. Losers outnumbered gainers 178 to 125, as some 805.3 million shares worth S$435.8 million in total changed hands. The […]
The Trump Effect: US Economy is Strong $DIA The strong US economy continues under President Donald Trump. A string of reports Thursday showed the labor market is getting stronger, consumers are increasingly optimistic and manufacturers are expanding, adding to signs that GDP (gross domestic product) remains on track for a solid performance in Q-3 Filings […]
The Street’s Key Stock Analysts Research Reports $ARPO, $BHGE, $BGNE, $BBU, $D, $ERIC, $EFC, $HAL, $TSM, $RIG 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 […]
Volkswagen’s (OTCMKT:VLKAY) MEB EV Platform Unveiled $VLKAY Volkswagen (OTCMKT:VLKAY) has unveiled its Electric for All initiative, which will set out to introduce EVs over the better part of the next 10 yrs at what the automaker says will be affordable prices. VW is aiming to sell around 150,000 electric cars by Y 2020 and increase annual sales […]
Australia: S&P/ASX 200 (.AXJO) continue to shrug off trade war tensions SPI futures are indicating a 5-point jump at the open for the ASX200, as trade continue to ride the wave of relief washing-over global markets. The boost in global commodity prices has underpinned the bounce in the ASX, with the materials and energy sectors […]
Alphabet Inc. (NASDAQ:GOOG) struck a deal with Renault, Nissan, and Mitsubishi Back at I/O 2018, Google put an Android Automotive setup on a RAM 1500 pickup that completely replaced the vehicle’s normal stock interface. You’ve probably used or at least heard of Android Auto which mirrors apps from an Android device to the car’s screen. […]
Alibaba Group Holding Limited (NYSE:BABA) Incredible Buying Opportunity The company confirmed recently that its founder and leader Jack Ma will step down as executive chair next year and leave the company board of directors the year after that. As with many uber-successful business people, like Bill Gates, Ma will turn his energies toward “doing good” and following […]
NASDAQ Composite (.IXIC) Weighed Down by Software Stocks Led by gains in trade-sensitive industrials and shares in the financial sector, the Dow Jones Industrial Average continues to gain altitude and was higher by nearly 200 points to an eight-month high, while the Nasdaq is underwater as a result of pressure on software stocks with component […]
The Coca-Cola Company (NYSE:KO) Cannabis Deal Coming? This brings us to the Rumor of the Day in the cannabis market: a potential deal between Coca Cola Co. and Aurora Cannabis Inc. (TSX: ACB). While a Coca Cola official has issued a statement saying that management “have no interest in marijuana or cannabis”, this news is […]
Tesla, Inc. (NASDAQ:TSLA) probe is underway over the Elon Musk tweets On Tuesday, Tesla confirmed that it has cooperated with a Justice Department investigation, after Bloomberg reported a DOJ Tesla criminal probe is underway. Tesla stock fell 3.35% to 284.96. That’s off its Sept. 7 intraday low of 252.25 but well off its Aug. 7 […]
Dow Jones Industrial Average (.DJI) inching up to break recent records despite looming trade issues The Dow Jones Industrial Average DJIA, +0.61% jumped by more than 200 points in late-morning trade Wednesday, as the broader market appeared to shake off worries about U.S.-China tariff tensions. The Dow was up about 200 points, or 0.8%, at […]
Gold Prices Steady, Trade Concerns Pressure USD + Commodities $GLD, $SLV, $USD, $PLAT, $USO, $OIL, $SOY, $CORN,$WEAT In Asia Asian stocks followed global indexes higher Thursday, as investors took a less bearish view on the impact of the US-China trade war on markets, a sharp contrast to dim expectations economists had on US growth amid the […]
People a Asking: What Does the Future Hold for Elon Musk and Tesla? $TSLA On Tuesday, news broke that the Department of Justice had started a probe into Elon Musk’s 7 August ‘420’ Tweet: “Am considering taking Tesla private at $420. Funding secured.” The news of the DOJ inquiry sent Tesla stock tumbling yet again, […]
Ferrari (NYSE:RACE) to Launch 15 New Models by 2022 $RACE Ferrari confirmed the development of a new V6 hybrid powertrain Ferrari (NYSE:RACE) is planning a huge model line up in the next few years. During an investors meeting this week outlining its future plans, the automaker announced it will launch 15 new models by Y […]
Shanghai: SSE Composite Index (.SSEC) stocks rallied for a second day\ The Shanghai Composite Index rose 1.1 per cent, or 30.90 points, to 2,730.85 at the close on Wednesday, extending a gain of 1.8 per cent for the previous day. The Hang Seng Index climbed 1.2 per cent, or 322.71 points, to 27,407.37 after adding […]
The Trump Effect: Atlanta Fed Keeps GDP Forecast at 4.4% $DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, the S&P 500 finished with a gainer of 0.1%, driven by financial shares, which rallied on another rise in interest rates. The blue-chip DJIA outperformed, adding 0.6%, the NAS Comp lagged, closing lower by 0.1%, and the small-cap Russell […]
Hong Kong: HANG SENG INDEX (.HSI) Stocks Boosted by Beijing Pledge to step up investment in key areas Headline indices of the Hong Kong share market closed higher on Wednesday, 19 September 2018, with investor sentiment buoyed by gains on Wall Street overnight and gains in other Asian market today. Stocks were also boosted by […]
Australia: S&P/ASX 200 (.AXJO) vulnerable to a correction towards 6,163.55 Australian shares are poised to open lower, amid mixed trading on Wall Street. ASX futures were down 3 points at 6.45am AEST, paring earlier losses. The Australian dollar extended its rally, rising another 0.7 per cent. On Wall Street, shares in Goldman Sachs and JPMorgan paced the Dow […]
Singapore: STI Index (.STI) Gains across region underscore weariness over tit-for-tat tariff war Locals shares headed north yesterday in line with markets across the region as investors took the tit-for-tat tariffs between the United States and China in their stride. Nearly all regional bourses rose despite the US$60 billion (S$82 billion) in tariffs levelled by […]
Marijuana Rally has Just Minted 3 New Billionaires $TLRY The 1st private equity firm focused exclusively on the cannabis industry has minted 3 new billionaires. Brendan Kennedy, Michael Blue and Christian Groh founded Seattle-based Privateer Holdings Inc. in May 2010 and the firm later invested in Canadian pot firm Tilray Inc.(NYSE:TLRY), whose market value topped […]
Tilray (NYSE:TLRY) Spikes, CEO Touts Marijuana Growth Prospects $TLRY “I don’t want to get bought by AB-InBev or Diageo, I want to be that company” CEO Kennedy said Tuesday Tilray (NYSE:TLRY) is having its best day since its July IPO, adding as much as 94% to briefly touch 300/share, after CEO Brendan Kennedy touted the […]
The Street’s Key Stock Analysts Research Reports $AMD, $AKCA, $APA, $CL, $FDX, $GFI, $MRVL, $MU 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 Wednesday, as […]
People Will Soon Be Asking, Who ‘Killed Tesla’? $TSLA Former General Motors (NYSE:GM) Vice Chairman Bob Lutz says he thinks Tesla“is headed for the graveyard.” He pointed to a handful of Tesla’s problems in a TV interview Tuesday. The totality of the fledgling EV maker’s financial, administrative, manufacturing, and legal problems, Mr. Lutz suggested, mean that Tesla’s (NASDAQ:TSLA) […]
Dow Jones Industrial Average (.DJI) Higher after latest tariff moves U.S. stocks rallied on Tuesday, led by gains in Apple and Amazon, as investors judged the latest tit-for-tat tariffs between the United States and China as less damaging than expected. The Trump administration’s selection of a lower 10 percent tariff and exclusion of Apple from […]
Tesla, Inc. (NASDAQ:TSLA) facing a criminal inquiry over CEO Elon Musk’s go-private tweets Tesla is now facing a criminal inquiry over CEO Elon Musk’s go-private tweets, Bloomberg News reported Tuesday. After initially declining to comment, a Tesla spokesperson said the inquiry was voluntary request and not a formal subpoena. Shares of the electric-car company sharply […]
NASDAQ Composite (.IXIC) Investors Shrug off Trade War Tuesday’s session closes with the NASDAQ Composite Index at 7,956.11. The total shares traded for the NASDAQ was over 2.3 billion. Advancers stocks led declining by 1.43 to 1 ratio. There were 1795 advancers and 1257 decliners for the day. On the NASDAQ Stock Exchange 43 stocks […]
Gold Prices Up, as USD Eases + Commodities $GLD, $SLV, $USD, $PLAT, $USO, $OIL, $SOY, $CORN,$WEAT Gold prices edged up Wednesday, as the USD weakened despite another round of reciprocal tariffs in the US-China trade dispute. In focus 19 September 2018 Spot gold up 0.1 % to 1,199.18 oz by 0044 GMT US gold futures […]
It is Very Expensive to Hedge Cannabis Stocks $TLRY, $MJ, $SZT, $SPY Stock investors caught up in the cannabis craze has driven marijuana stocks to record highs, options traders are paying the most ever to hedge against a fall. Skyrocketing marijuana stocks have driven the $560-M ETFMG Alternative Harvest ETF (MJ), up more than 60% […]
Wall Street Not Worried About President Trump’s Trade Policy $DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street finished higher Tuesday in a broad-based rally as investors brushed aside trade rhetoric between the United States and China showing no fear, only cheer. All 3 major U.S. indexes closed higher following Monday’s pause to refresh. Late Monday, US […]
Ferrari’s (NYSE:RACE) Retro Monza’s SP1 and SP2 are Stunning $RACE Ferrari (NYSE:RACE) shocks purists last year with talk of a FUV, but the iconic Italian automaker has not forgotten about Supersports cars, as the 2 new Monzas showed the clienti and the automotive world Tuesday in Maranello. Unveiled as part of the company’s Capital Market’s Day […]
Shanghai: SSE Composite Index (.SSEC) Holding Key Support The Shanghai Composite is a capitalization-weighted index like our own S&P 500 Index. This index tracks the daily price performance of all A- and B-shares listed on the Shanghai Stock Exchange. The index was developed back on Dec. 19, 1990, with a base value of 100. The […]
Hong Kong: HANG SENG INDEX (.HSI) Trade Fears Fade Hong Kong and mainland China markets bounced back from earlier losses to finish higher on Tuesday after the US unveiled a new round of tariffs on US$200 billion worth of imported Chinese goods.. The Hang Seng Index rebounded and is establishing a near-term support at about […]
Australia: S&P/ASX 200 (.AXJO) Set for Modest Rebound Australian shares are poised to rally, following Wall Street, as trade tensions between the US and China escalated less than feared. The Australian dollar leapt 0.5 per cent higher to retop US72¢. Shares in New York were sharply higher, though they pared gains into the close, as investors […]
Singapore: STI Index (.STI) edges down US President Donald Trump raised a ruckus by thumping China with another round of tariffs, but most Asian markets merely yawned by the closing bell yesterday. Singapore stocks edged down slightly, with the Straits Times Index (STI) retreating 2.06 points, or 0.07 per cent, to 3,139.34. The benchmark index, […]
US Researchers Turn to Canada for Quality Cannabis Extracts $TLRY, $GWPH The US government has approved the importation of marijuana extracts from Canada for a clinical trial, highlighting a new path for American researchers who have trouble obtaining the drug for medical studies. The University of California San Diego’s Center for Medicinal Cannabis Research announced […]
Tesla (NASDAQ:TSLA) Facing Criminal Probe Over CEO Musk’s Statements $TSLA Tesla (NASDAQ:TSLA) is under investigation by the Justice Department over public statements made by the company and Chief Executive Officer Elon Musk. The criminal probe is running alongside a previously reported civil inquiry by the SEC. Federal prosecutors opened a fraud investigation after Mr. Musk […]
Audi Debuts EV SUV in San Francisco, Amazon Assists $TSLA, $AMZN, $VLKAY German luxury car brand Audi on Monday staged the global launch of a new all electric SUV (sport utility vehicle) on the home turf of Tesla (NASDAQ:TSLA), and highlighted a deal with Amazon.com Inc (NASDAQ:AMZN) to make recharging its forthcoming e-tron models easier. […]
The Street’s Key Stock Analysts Research Reports $ADS, $AXP, $ANTM, $ARMK, $BBBY, $CI, $COST, $PLAY, $FII,$MU, $LUV 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 […]
Wrecked Your Tesla? (NASDAQ:TSLA) CEO Musk Wants to Fix it ‘In House’ $TSLA Tesla (NASDAQ:TSLA) CEO Elon Musk said Sunday that the company intended to handle most of its customers’ collision repairs at company-run body shops. “Tesla is bringing most collision repairs in-house, as outside firms take weeks to months for repairs, driving Tesla owners […]
Facebook, Inc. (NASDAQ:FB) has a weakening price momentum Facebook closed down 1.07 per cent, another poor performance for a stock that has seen its share of troubles this year. First came the Cambridge Analytica data scandal which only served to heighten concerns from governments worldwide over the social and political influence available through social media […]
Alibaba Group Holding Limited (NYSE:BABA) Better Investing Option Than Amazon? Alibaba is expected to see 46 percent increase for the full year, versus Amazon’s 32 percent gains. The Chinese E-commerce titan is also cheaper than its American rival, with 25 times multiple earnings against Amazon’s 85 times multiple. These factors have led several analysts to favorably […]
SunTrust Banks, Inc. (NYSE:STI) Buy on Dips The stock has current RSI value of 30.79. Wilder believed that when prices rose very rapidly and therefore momentum was high enough, that the underlying financial instrument/commodity would have to eventually be considered overbought and a selling opportunity was possibly at hand. Likewise, when prices dropped rapidly and […]
Amazon.com, Inc. (NASDAQ:AMZN) Citi Research Suggests Amazon To Split In Two Companies Amazon.com ( AMZN ) should split into two companies to avoid antitrust scrutiny from Trump administration, reports Citi Research. “There has been greater noise of late regarding the desire to investigate and potentially regulate the company,” analyst Mark May says. “By separating the […]
Apple Inc. (NASDAQ:AAPL) iPhone preorders appear stable or down from last year A few days after the iPhone XS and iPhone XS Max became available for preorder, financial analysts reported Monday that sales looked stable to slightly weaker against the iPhone X preorder numbers from a year ago. In general, he expects that Apple Inc. […]
Twitter, Inc. (NYSE:TWTR) Target $21 Twitter’s ability to keep costs low despite fierce competition and heightened regulatory scrutiny will not last. For the first two quarters of 2018, Twitter has reported operating expense growth at an impressive 0 percent and 3 percent, respectively. But a quick glance at the company’s recent filings at the Securities and […]
Tesla, Inc. (NASDAQ:TSLA) Saudi wealth fund invests $1 billion in competitor Tesla stock dipped as much as 2 percent Monday morning on news the Saudi Arabia’s sovereign wealth fund has invested $1 billion in rival Lucid Motors. By market close, Tesla had regained its footing, ending trading essentially flat. The investment will fund Lucid Motor’s […]
NASDAQ Composite (.IXIC) Technology Stocks take a hit Monday’s session closes with the NASDAQ Composite Index at 7,895.79. The total shares traded for the NASDAQ was over 2.23 billion. Declining stocks led advancers by 2.06 to 1 ratio. There were 1005 advancers and 2075 decliners for the day. On the NASDAQ Stock Exchange 23 stocks […]
Tropical Storm Florence’s Effect on the Commodities Markets $CORN, $WEAT, $SOY The impact of Florence chases Hogs to higher marks Soybean steady post-WASDE. Corn falls to the bottom of its trading range. Wheat declines sharply. Cotton remains firm on Florence. Meats move higher, though it is off-season for demand. As Florence bore down on the Carolinas, […]
Crude Oil Prices Soften on Renewed Trade Concerns $USO, $OIL NYMEX WTI Crude Oil prices settled modestly lower Monday, as gains on expectations for steep losses of Iranian Crude Oil were offset by fears that rising US-China tensions could soften global demand. On the New York Merc, Crude Oil futures for November delivery fell 19c to […]
Let’s Consider Silver’s Very Low Numbers $SLV, $GLD The Devils Metal will bounce right back up in symmetrical proportionally when the short covering begins to happen. Let’s consider silver’s numbers. The 52-wk low in specs’ silver-futures shorts was 41.5-K contracts in mid-September 2017. Getting back there would require an astounding 78.6-K contracts of short-covering buying. […]
Cryptocurrencies are Becoming More Stable $BTC, $ETH Let’s examines Key factors in the growth of the cryptocurrency industry, and what regulators are doing to mitigate the risks It is an encouraging sign that the cryptocurrency community and regulators have been quick to evolve and respond to risks that have been identified in the market. For […]
Saudi Wealth Fund to Invest $1-B in Tesla’s Rival Lucid $TSLA Saudi Arabia’s PIF (sovereign wealth fund) signed an agreement to invest more than $1-B in aspiring US electric-car maker Lucid Motors Inc., a private company, months after building a stake in rival Tesla (NASDAQ:TSLA). The deal would give Lucid the funding to take it […]
Stock Buybacks Up 50% to $384-B $AAPL, $GS, $SPY The biggest use of cash among S&P 500 companies is making their public footprints smaller, a strategy that is paid dividends in 2018. According to Goldman Sachs (NYSE:GS), aggregate share repurchases aka buybacks, rose by nearly 50% to $384-B in 1-H of Y 2018. That tops […]
Emerging Market Rout Approaching Bottom $USD, $AUD, $NZD Franklin Templeton Investments says the rout in emerging markets may be nearing a bottom, but says that there are still countries like the Philippines that will suffer. Given the uncertainty, the money manager is keeping a net neutral USD position, while making trades including shorting the Philippine […]
Hong Kong: HANG SENG INDEX (.HSI) fall on fears over US-China tariffs standoff Asian shares were mostly lower Monday on reports that President Donald Trump will soon place tariffs on $200 billion more of Chinese goods, even as officials worked to iron out tensions between the world’s two largest economies. On Saturday, The Wall Street […]
Australia: S&P/ASX 200 (.AXJO) Expected to Open Lower On Monday the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) started the week on a positive note and closed the day 0.3% higher at 6,185 points. Will the market be able to build on this on Tuesday? Here are five things to watch: ASX futures pointing lower. According […]
Singapore: STI Index (.STI) Set to Open Higher China’s main Shanghai Composite index fell to its lowest close in nearly four years on Monday as reports said U.S. President Donald Trump would unveil new tariffs on $200 billion of imported Chinese goods this week. The Shanghai Composite index dropped 1.1 per cent to 2,651.79 points, […]
Shanghai: SSE Composite Index (.SSEC) Trade tensions with the US are exacerbating investor concern China’s sinking stock market reached an unwelcome milestone, with the Shanghai Composite Index closing at the lowest level since 2014, erasing the last traces of its recovery from a boom that turned into a $5 trillion bust. The Shanghai gauge dropped […]
Ferrari’s (NYSE:RACE) ‘Icona’ Project Focused Boosting Profit Margins $RACE Ferrari (NYSE:RACE) is set to unveil a Special Edition Supercar that will form an integral part of CEO Louis Camilleri’s highly-anticipated 5-year strategy plan. The “Icona” project, hinted to customers last month in an invitation, will broaden Ferrari’s offering of Limited Edition Super and HyperSuper cars, a […]
President Trump Imposed Tariffs on Chinese Goods $AAPL, $FIT Monday after the stock market closed, USPresident Trump President Donald Trump said he will impose 10% tariffs on about $200-B worth of Chinese imports, but he spared smart watches from Apple (NASDAQ:AAPL) and Fitbit Inc (NYSE:FIT) and other consumer products such as bicycle helmets and baby car […]
President Trump’s Chinese Tariff Announcement Dampen Sentiment $DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street dipped Monday, with tech shares leading the retreat, as investors prepared for another tranche of US tariffs on Chinese goods. This latest round of tariffs is expected to slap a duty of around 10% on $200-B worth of Chinese goods. Beijing […]
The Street’s Key Stock Analysts Research Reports $ADBE, $ANGI, $GLW, $DHI, $GRUB, $KR, $MU, $VFC, $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 for Monday, […]
Tesla’s (NASDAQ:TSLA) M3, From Production Hell to Delivery Hell $TSLA Tesla (NASDAQ:TSLA) Sorry folks, we have gone from Production Hell to Delivery Hell Tweeted Tesla’s CEO Elon Musk. Production Hell Delivery logistics hell is a problem that is tractable, and Mr. Musk says Tesla making progress. And that it hould be solved shortly.” Mr. Musk […]
Alibaba Group Holding Limited (NYSE:BABA) Target $245 Alibaba Group (NYSE:BABA) has been assigned a $245.00 price target by stock analysts at UBS Group in a report released on Friday, August 24th, www.benzinga.com reports. The brokerage presently has a “buy” rating on the specialty retailer’s stock. UBS Group’s price target indicates a potential upside of 48.72% […]
salesforce.com, inc. (NYSE:CRM) Time magazine will have a new home Nearly eight months after Meredith Corp. MDP, -0.57% completed its purchase of Time Inc., the publisher has agreed to sell Time magazine for $190 million to Marc Benioff, co-founder of Salesforce.com CRM, -0.44% , and his wife Lynne Benioff. The proposed sale is expected to […]
Ford Motor Company (NYSE:F) faced potential insolvency during the last financial crisis Ten years ago, amidst the worst financial crises since the Great Depression, the American auto industry almost died. By Fall 2008, the “Big Three” US car companies of General Motors, Chrysler, and Ford faced potential insolvency, and without swift government intervention, their futures were […]
Tesla, Inc. (NASDAQ:TSLA) will shift priority to ‘service and parts’ Tesla CEO Elon Musk recently said that the automaker’s customer service response time and delivery logistics are their new top priorities with the increased delivery volume. Now Musk says that once they figure that out, Tesla will shift priority to ‘service and parts’ as the automaker starts […]
Dow Jones Industrial Average (.DJI) The U.S. and China trade war will be closely looked at this week For the week, the Dow rose 0.9%, its fourth positive week of the past five. The S&P 500 rose 1.2% and the Nasdaq posted a gain of 1.4% for the week, its third positive week of the […]
Apple Inc. (NASDAQ:AAPL) Target $240 This week saw Apple (AAPL – $223.84 Trade ) climb the leaderboards to become the most-popular stock among millennial traders. Facebook (FB – $162.32 Trade ) was knocked off of its top spot for the first time in eight weeks. The increase in popularity of Apple stock comes straight after […]
NASDAQ Composite (.IXIC) Market Predicted To See Higher Open President Trump hasn’t forgotten about the $200 billion in China tariffs that’ve been in limbo the past few weeks. On Friday, news reports said he was willing to proceed with his threat, and the impact may have kept the S&P from reaching an all-time high. In […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Again, lots more US economic data this week. We will see the Empire PMI Monday and the Philly Fed Thursday. Housing starts, Existing home sales, Leading indicators also this week. The the major US major stock market indexes continue to trend higher and in the face […]
America First, Financial Markets Briefing $SPY, $USD, $OIL, $USO, $USD, $CU Hong Kong, China equities slide Monday on trade concerns WS-J reporting Monday that China could skip trade talks with US Stocks in Asia opened the week under pressure after the latest US move to place a 3rd tranche of tariffs on Chinese goods, as […]
Box Office: ‘The Predator’ #1 with Soft $24-M Opening $LGF, $TWX, $FOX, $SNE, $VIA ‘White Boy Rick’ debuts to lite numbers, while Paul Feig’s black comedy ‘A Simple Favor’ . Shane Black’s reboot The Predator led the weekend at the domestic box office with $24-M, Top the chart but behind estimates from Fox marketing. Overseas the movie […]
Gold-Silver Ratio at Highest Mark in 27 Years $GLD, $SLV, $OIL, $SPY, $QQQ The Gold-Silver Ratio has been one of the most reliable technical ‘buy’ indicators for Silver, whenever the ratio climbs above 80. The Big Q: Is the current spike in the gold/silver ratio forecasting another stock market crash? The gold-to-silver ratio has moves […]
F1: Singapore, Ferrari’s (NYSE:RACE) Vettel Came 3rd, Raikkonen 5th $RACE The Marina Bay circuit race, aka the Monaco of the East, was the same: anything can happen, but most often nothing does. Ferrari’s (NYSE:RACE) Sebastian Vettel came 3rd and Kimi came 5th. The start of the race looked like it would be better, but Mr. […]
Singapore: STI Index (.STI) May Find Support The losing streak has reached five sessions now for the Singapore stock market, which has tumbled more than 100 points or 3.1 percent along the way. The Straits Times Index now rests just beneath the 3,110-point plateau although it’s due for a positive bounce on Wednesday. The global […]
Hong Kong: HANG SENG INDEX (.HSI) Plunges into Bear Market Hong Kong’s stock market is caught in a perfect storm. Fears about the trade war, emerging markets, China’s slowing economy, and individual stocks pushed the city’s benchmark Hang Seng Index (HSI) into a bear market on Tuesday. The index ended the day 0.7% lower, closing more than 20% […]
Shanghai: SSE Composite Index (.SSEC) Chinese economy overall is still slowing China’s fixed-asset investments decelerated further in August, to the slowest growth rate since official records were kept, as the country braces for the introduction of additional tariffs from President Donald Trump. Fixed-asset investment—which measures spending on homes, factories, infrastructure, and other fixed assets—grew at […]
Australia: S&P/ASX 200 (.AXJO) set for a sluggish start Australian shares are set for a sluggish start to the week following reports US President Donald Trump has called for fresh tariffs on Chinese products. The news took the shine off US markets on Friday, which closed flattish after a sharp dip when the story broke […]
Shanghai is the world’s worst-performing major stock market this year despite respectable corporate earnings, a disconnect which is feeding growing talk that Chinese equities are now a screaming buy. Not so fast, say brokers and analysts, who warn shares have further to fall due to US-China trade squabbling, slowing Chinese economic growth, and a government […]
China is the last bulwark against a deep crisis in emerging economies going fully global, analysts say, although a prolonged trade war could sap Beijing’s defences. Emerging countries — loosely defined as having fast growing but volatile economies — have seen their currencies battered in recent weeks, plunging their finances into turmoil, and raising fears […]
2 New Safety Investigations of Tesla (NASDAQ:TSLA) Factory Opened in September $TSLA California’s Division of Occupational Safety and Health (Cal-OSHA) opened two new inspections in September into the workplace conditions at Tesla’s factory in Fremont. According to the agency, the first was opened on September 4 and was prompted by an incident reported to regulators in […]
President Trump Wants $267-B More in China Tariffs Despite Talks $AAPL, $WMT, $TGT President Trump threatened a 3rd tranche of tariffs on another $267-B of Chinese imports this past week, which would mean levying duties on nearly everything China exports to the US. President Trump said at the time those tariffs were “ready to go […]
F1: Singapore Qualifying, Hamilton on the Pole, Verstappen at His Side $RACE Lewis Hamilton takes the Singapore Pole, as Max Verstappen beats Sebastian Vettel to P2 MercedesAMG’s Lewis Hamilton ran fasted to take the Pole position at Marina Bay, 3/10’s up on Red Bull Racing’s Max Verstappen. Mr. Hamilton called it ‘Magic’. MercedesAMG’s chief Toto […]
F1: Ferrari’s (NYSE:RACE) Vettel and Raikkonen Fastest at Singapore FP3 $RACE The Scuderia duo of Sebastian Vettel and Kimi Raikkonen set the pace for Ferrari (NYSE:RACE) in the final practice session ahead of qualifying for the Singapore Grand Prix Saturday night. Mr. Vettel’s fastest time of a 1’38.054 was enough to Top the time sheets […]
Audi Has Begun Production of its All Electric SUV $AUDVF, $TSLA, $VLKAY Audi (OTCMKT:AUDUF) began production of its first all-electric SUV on Monday, 3 years after the Top German automaker unveiled a concept version of the all electric SUV at the International Motor Show in Frankfurt. This is the EV that Forbes Magazine dubbed the “Tesla Killer” The […]
F1: Singapore Friday’s Free Practice Results, Ferrari’s Raikkonen Fastest $RACE Ferrari’s (NYSE:RACE) Kimi Raikkonen went fastest in the 2nd session at the Singapore Grand Prix Friday, but his team-mate, Sebastian Vettel, was only 9th fastest after hitting a wall and prematurely ending his running. Mr. Raikkonen posted a lap of 1 min, 38.699 secs to edge championship leader Lewis […]
F1: Ferrari (NYSE:RACE) Planning for the Long Term with Charles Leclerc $RACE Ferrari (NYSE:RACE) team principal Maurizio Arrivabene says that the decision to replace the experience of Kimi Raikkonen, 38 anni, with the raw talent of Charles Leclerc, 20 anni, for next season was made with the long-term of The Scuderia in mind. Mr. Leclerc […]
Hurricane Florence Will Not ‘Move the Needle’ on US Economy $DIA, $SPY, $QQQ, $RUTX, $VXX US Commerce Secretary Wilbur Ross predicts that Hurricane Florence will not be devastating to the overall US economic, despite any financial damage to North and South Carolina. “Overall, it’s not going to move the national economy,” Ross said Thursday while touring […]
Market Up, Tesla (NASDAQ:TSLA) Down $TSLA, $SPY, $DIA, $QQQ Tesla (NASDAQ:TSLA) closed Thursday in New York at 289.46, moving down 0.35% from the priortrading session. This change lagged the S&P 500’s 0.53% gainer on the day. Elsewhere, the DJIA gained 0.57%, while the tech-heavy NAS Comp added 0.75%. Coming into today, shares of the electric […]
The Street’s Key Stock Analysts Research Reports $ALDX, $AMSC, $CARA, $CERN, $CNCE, $CTMX, $DRNA, $FEDU, $GLPG, $INTC, $QCOM 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 […]
Dow Jones Industrial Average (.DJI) hope of easing U.S.-China trade woes U.S. stocks extended a multiday rally to end higher Thursday, with the S&P 500 and Dow notching consecutive days of gains, as technology stocks rebounded from their recent slump. Optimism pinned to signs of easing trade tensions partly helped to buttress the market’s advance. […]