#WallStreet #PaulEbeling #BigTech #economy #growth #Bulls #Bears #money #FAANGs #Microsoft #virus $DIA $SPY $QQQ $RUTX $MSFT $VXX Last Week in Review: Another week of selling, particularly in the mega-cap techs The China virus stock market rally had a mild, nothing wk if you only look at the percentage change. The DJIA lost just 0.03% in […]
#Gold $XAU $GLD $USD Gold: Technical analysis Gold prices moved lower unable to gain momentum bouncing at support near the 50-Day MA at 1,932. Prices pushed back through short term support is seen near the 10-Day MA near 1,944. Top range resistance is seen near the September highs at 1,979. Medium-term momentum has turned positive […]
#PresidentTrump #betting Recent polling has come in since the Republican National Convention ended, and it shows a huge tightening of the Presidential race, both in terms of national and Key state polling. Hence, President Trump became the favorite to win the election, according to betting markets. According to RedState, on September 1st, the betting markets moved into […]
#WallStreet #PaulEbeling #BigTech #earnings #NFPs #employment #interest #Bulls #money #FAANGs $DIA $SPY $QQQ $RUTX $VXX Last Week’s Action Thursday the Fed Chairman jettisoned the Phillips curve’s idea that rising unemployment means less inflation. In fact, he stated that there is no empirical evidence to support the notion. Technical Analysis NAS Comp gapped modestly higher, rallied […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares closed lower Friday, dropping the most in nearly a month. The S&P/ASX 200 index ended 0.9% lower to 6,073.80, its biggest 1-day loss since 31 July. The benchmark index posted a 2nd straight weekly loss. New Zealand: the benchmark S&P/NZX 50 index finished 0.3% higher at 12,093.52. […]
#profits #BigTech #records #BullRun $DIA $SPY $QQQ $RUTX $VXX Blowout profit reports from Big Tech companies drove the S&P 500 to an all-time high Wednesday. The benchmark index rose 1%. Technology stocks accounted for the Lion’s Share of the gains, outweighing losses in healthcare, utilities, and energy. The S&P 500 has been marking record highs […]
#WallStreet #PaulEbeling #BigTech #earnings #NFPs #employment #interest #Bulls #money #FAANGs $DIA $SPY $QQQ $RUTX $VXX Last Week’s Action NAS Comp is leading the Bull run, The NASDAQ broke to a new high — and held the move, the rebound is helping Facebook, Amazon, Apple, Google and Netflix carry the load. Recovery stocks are still in […]
#USD #Gold #investors #debt #Fed $XAU $GLD $USD $DXY The reason USD became the world’s reserve currency is that America has had the largest, strongest steadily growing and conservatively financed economy and a stable political system anchored in the US Constitution. Yet for USD to continue to be valued, the world has to believe in it. […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares settled higher Monday, with tech stocks ending at a record high, while a significant slowdown in fresh daily C-19 coronavirus cases The S&P/ASX 200 index rose 0.3% at 6,129.60, snapping 2 straight sessions of losses. New Zealand’s benchmark S&P/NZX 50 index climbed 0.7% to finish the session […]
#Bears #stocks #investors #recovery $DIA $SPY $QQQ $RUTX $VXX It has become very risky to doubt the resilience of the market’s $13.2-T Bull run since 23 March. Going by the short positions of hedge funds, resistance to rising prices is the lowest in 16 yrs. Everybody in the market has gotten more Bullish as the […]
#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares finished lower Thursday as appetite for risky assets faded on fears that the country’s relationship with China could further sour following a report that the government would block a Chinese buyout offer of a local dairy firm. The S&P/ASX 200 index slipped 0.8% to 6,120.00 at the […]
#PresidentTrump #economy #Coronavirus #BullMarket $DIA $SPY $QQQ $RUTX $VXX President Trump and his economic team have handled and are handling the economy “magnificently” during the coronavirus chaos, and there is no doubt that a V-shaped recovery is happening The S&P 500 closed at a record high Tuesday while rebounding from huge losses triggered by The Virus Chaos. […]
#Bulls #Summary #markets $DIA $SPY $QQQ $RUTX $VXX Summary US stocks closed flat to unchanged Monday despite strength in the tech sector. US Treasures advanced, sending 10-yr yields down 2 bpts. USD declined modestly Vs the G-10 basket, with the AUS pacing gains. Gold strengthened more than 2%. Asian equity futures are higher. US corporate investment-grade […]
#WallStreet #PaulEbeling #BigTech #earnings #NFPs #employment #interest #Bulls #money #FAANGs $DIA $SPY $QQQ $RUTX $VXX Last Week’s Action Jobless Claims Hit a New Low: The number of jobless claims fell below 1-M for the 1st time in 20 wks. Thursday, the S&P 500 came within 7 pts of the all-time high. It will keep banging […]
#stock #market #positive #economy #data #investors $DIA $SPY $QQQ $RUTX $VXX It was another positive wk for the US stock market, and it was nearly a record-setting wk for the S&P 500. The benchmark index gained 0.6% marking record highs intraday 2X this week on relative strength in the cyclical and value-oriented stocks. The DJIA […]
#stocks #recovery #Bull #Bear #market #PresidentTrump $DIA $SPY $QQQ $RUTX $VXX The US stock market has not experienced a 100-Day gainer this strong since Y 1933, stocks have seen a very strong recovery in the 100 trading days since the 23 March lows Thursday marked the 100th trading day since the stock market’s chaos panic […]
#recession #recovery #sentiment #optimism #Bulls #Bears $DIA $SPY $QQQ $$RUTX $VXX It took 175 days for the S&P 500 index to go from Top to Bottom to Top, this recovery came faster than any in the past. The prior 12 cycles that saw stocks recover from a drop of at least 20% took an average […]
#AsiaPacific #world #stock #makets #China #Japan #Australia Japanese shares gained Tuesday on hopes of additional US fiscal aid/relief/stimulus to bolster the world’s largest economy, as major countries break away from the impact of the coronavirus chaos. The Nikkei 225 Index ended up 1.88% at 22,750.24. The broader Topix index rose 2.54%. Australian shares rose to a […]
#AsiaPacific #world #stock #makets #China #Japan #Australia Australian shares marked their highest close in nearly 3 wks Monday, driven by gains among heavyweight financials, while a dip in new coronavirus infections in Victoria and renewed hopes of financial aid in the United States boosted risk sentiment. The S&P/ASX 200 index was up 1.76% at 6,110.2 […]
#WallStreet #PaulEbeling #BigTech #earnings #NFPs #employment #interest #Bulls #money #FAANGs $DIA $SPY $QQQ $RUTX $VXX Last Week’s Action As expected, the FAANGs: Facebook, Apple, Amazon, Netflix and Google stepped up as the NAS Comp leaders paused to refresh, overall the action is good. Friday’s jobs report were as President Trump said they would be marking […]
#gold #silver #market #price #COMEX #USD $XAU $XAG $GLD $SLV $USD The Big Q: What happened in the gold and silver markets last week? The Big A: Ka-Boom! This is the USS New Jersey (BB-62) firing a 9 gun broadside at dusk in the Gulf of Thailand, August 1986. How do I know that? I […]
#housing #automobiles #consumers #recovery $DIA $SPY $QQQ $RUTX $VXX Clearly, record low interest rates has helped revive the US markets for housing and autos standouts in the economy as it gains traction. Sales of new homes in June ran at their fastest pace in 13 yrs, leaving builders and the construction workers they employ with […]
#WallStreet #PaulEbeling #BigTech #earnings #NFPs #employment #interest #Bulls #money #FAANG $DIA $SPY $QQQ $RUTX $VXX $DIS Last Week’s Action US Stocks Finished Friday and July on High Notes. The tech stocks held the line kept the NAS Comp, SOX and NAS 100 in the Green. The big names in the NAS drove earnings . The […]
#Bulls #stocks #market #C19coronavirus #technology $DIA $SPY $QQQ $RUTX $VXX The Power Rally in US tech companies is about to intensify after earnings from the biggest providers of I-net services and Smartphones blew past Quarterly earnings estimates. ETFs tracking the NAS 100 rose about 1.8% following results from Amazon.com Inc. (NASDAQ:AMZN), Facebook Inc. (NASDAQ:FB), Alphabet […]
China’s benchmark index posted the biggest gainer in a wk Wednesday as investors bought up shares after recent slumps, while the tech-focused STAR board soared on new listings. At the close, the Shanghai Composite index was up 2.06% at 3,294.55, its best daily performance since 20 July. The blue-chip CSI300 index was up 2.42% with […]
$DIA $SPY $QQQ $RUTX $VXX Tuesday, global airlines cut their C-19 coronavirus recovery forecast saying it would take until Y 2024 for passenger traffic to return to pre-chaos levels. In an update on The China Virus’ crippling effect on air travel, the IATA (International Air Transport Association) cited slow virus containment in the US and […]
#AsiaPacific #stock #markets #rally #dollar #gold #WallStreet #C19coronavirus #USChina #Fed #FOMC #Congress #yen #safehaven $DIA $SPY $QQQ $RUTX $XAU $GLD $USD #JPY Asian stock markets advance after Wall Street rally, gold extends, USD falls The price of gold rose 38.80 to 1,969.80oz Tuesday, up 2% to another record high. It is unusual for the price […]
#world #stock #markets #coronavirus #AsiaPacific China stocks fell Friday to finish the week lower. The blue-chip CSI300 index fell 4.4% to 4,505.59, while the Shanghai Composite Index retreated 3.9% to 3,196.77. The tech-heavy start-up board ChiNext slumped 6.1%, while the newly-launched STAR 50 index dove 7%. Australian shares closed lower Friday, led by tech stocks […]
#world #stock #markets #coronavirus #AsiaPacific Chinese shares fell Thursday, snapping a 4-day win streak, after an abrupt US order for closure of the Chinese consulate in Houston stoked geopolitical tensions and offered exits for investors who profited from the market’s recent rally. The Shanghai Composite Index fell 0.2% to 3,325.11 and the blue-chip CSI300 index […]
#Bulls #PresidentTrump #investors #participants #stocks #bonds #Vshaped #recovery #rally #C19coronavirus #CDC #ThePeople #WallStreet #PaulEbeling $DIA $SPY $QQQ $RUTX $VXX Last weeks action Stocks were quiet going into Friday’s options expiry, after getting good news regarding vaccines Wednesday. The economic data was good, but jobless claims were off. The Governor of Texas said he is considering […]
#world #stock #markets #coronavirus #AsiaPacific Hong Kong stocks ended higher Friday but posted their worst weekly decline in 2 months, weighed down by a sharp correction on the Mainland, where better-than-expected GDP data fuelled worries over the pace of policy easing. At the close of trade, the Hang Seng index was up 0.47% at 25,089.17. […]
#Fed #economy #businesses #BeigeBook #C19Coronavirus #growth $DIA $SPY $QQQ $RUTX $VXX US businesses saw an uptick in activity into the beginning of July as states eased restrictions to contain the novel coronavirus chaos, a Fed report showed Wednesday, but remained uncertain about the economic outlook going forward. The picture illustrated in the Fed’s latest snapshot of […]
#Bronco #Americans #Ford #FirstEdition #SoldOut #Optimistic #Rally $DIA $SPY $QQQ $RUTX $F $VXX Ford (NYSE:F) sold out all of its $100 reservations for 1 of its 7 models of its reintroduced Bronco SUV in 1 day, with demand so Strong it paralyzed the company’s ordering website when the availability launched. Prospective buyers put down the […]
#world #stock #markets #coronavirus #AsiaPacific Around the region, MSCI’s Asia sans-Japan stock index was weaker by 0.92%, Japan’s Nikkei index closed down 0.87%. Australian shares finished lower Tuesday as rising C-19 coronavirus cases in the country’s most populous state and US-China tensions riled investors. The S&P/ASX 200 index finished 0.61% lower to 5,941.10. In New […]
#Gold #Silver #preciousmetals #Fed #ECB #RBA #C19Coronavirus #inflation #currencies #stocks $XAU $GLD $XAG $SLV $USD $DIA $SPY $QQQ $RUTX $VXX Analysts and economists are calculating the destruction the C-19 coronavirus chaos, and traders in the financial markets trying to understand the ramifications of the virus’ presence. The market trends demonstrate that our prior precious metals forecasts continue […]
#Bulls #PresidentTrump #investors #participants #stocks #bonds #Vshaped #recovery #rally #C19coronavirus #CDC #ThePeople #WallStreet #PaulEbeling $DIA $SPY $QQQ $RUTX $BLK $GS $MS #TROW $VXX What happened last week NASDAQ Leaders Lead the Bulls North NAS Comp leaders are in control, even if they are extended on this leg a bit.And lots of other stocks are setting […]
#woke #broke #joke #NASDAQ #NYSE #Bullish #PresidentTrump #OldWhiteGuy #JoeBiden #DIA $SPY $QQQ $RUTX #VXX Experts are saying the NAS Comp will fall, just not now! Democrats are attacking President Trump on social injustice issues that have simmered for decades, and then went ahead and picked “the Old White Guy who has been in Washington for […]
#world #stock #markets #coronavirus #AsiaPacific Australian shares slipped Friday posting a weekly loss as fresh restrictions to contain a spike in C-19 coronavirus cases dampened hopes of a quick economic recovery. The S&P/ASX 200 index fell 0.61% to 5,919.2, on the week, it declined 2.3%. In New Zealand, the benchmark S&P/NZX 50 index settled 0.4% […]
#world #stock #markets #coronavirus #AsiaPacific Australian shares finished higher Thursday as investors hoped for further stimulus measures to counter the effects of the latest C-19 coronavirus-led restrictions. The S&P/ASX 200 index was 0.6% higher at 5,955.5 pts at the end of trade. New Zealand, the benchmark S&P/NZX 50 index registered its worst session in 3.5 […]
#President Trump #leader #tough #C19coronavirus #policies #market #WhiteHouse $DIA $SPY $QQQ $RUTX $VXX “US Needs Very Tough Leader, Not Empathy and Love” — Dick Morris America needs a “very tough leader” in these times of violent race protests and the outbreak of the C-19 coronavirus, former presidential adviser and campaign consultant Dick Morris said in […]
#world #stock #markets #coronavirus #AsiaPacific China blue-chip shares end at over 5-yr high in Bull run’s 6th day running Chinese blue-chip shares rose for a 6th straight day to close at a more than 5 yr highs Tuesday, as retail investors rushed to join the officially sanctioned Bull market, but stocks pared gains late in […]
#buys #WallStreet #analysts #research #reports #hold #sell #trade #avoid $ATVI, $NUS, $RIO, $SAH 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, 6 July, as follows: Activision Blizzard Inc. (NASDAQ:ATVI) was […]
#world #stock #markets #coronavirus #AsiaPacific Australian shares finished lower Monday, snapping 4 straight sessions of gainers, as a spike in domestic cases of the C-19 coronavirus brought fresh restrictions and renewed fears of further economic pain. The S&P/ASX 200 index closed 0.7% lower to 6,014.6, YTD the index has shed 9.37%. New Zealand’s benchmark S&P/NZX […]
#PaulEbeling #WallStreet #money #trading #investing #vaccine #coronavirus $DIA $SPY $QQQ $RUTX $PFE $VXX Last Week’s Action Pfizer Inc.’s (NYSE:PFE) announcement regarding a C-19 coronavirus vaccine boosted sentiment Stocks start Q-3 higher, leaders continue to lead. The Institute for Supply Management (ISM) signals strong expansion. FOMC mins show that the Fed plans to buy bonds for […]
#world #stock #markets $HongKong #Australia #Japan #China #AsiaPacific Hong Kong stocks posted strong gains Thursday, with the index tracking Mainland stocks having its best day in more than 3 months, after a security law went into effect in the city this week. The Hang Seng index rose 2.9% at 25,124.19, while the China Enterprises Index, […]
#VShapedRecovery #economy #C19coronavirus #recovery #NYSE #stockmarket #rally #bullish #resiliance $DIA $SPY $QQQ $RUTX $VXX The US economy is displaying remarkable resilience and is still seeing a “V-shaped recovery” despite some setbacks in efforts to reopen state economies that had been shuttered by the C-19 coronavirus. “At the moment, the story looks very good. We are […]
Asian shares rose Tuesday after data showed China’s manufacturing sector grew more than expected in June, a hopeful sign for a global economy still struggling to recover from the impact of the C-19 coronavirus chaos. MSCI’s broadest index of Asia-Pacific shares sans Japan was up 0.9%, US stock futures, the S&P 500 e-minis, advanced 0.23% […]
$DIA $SPY $QQQ $RUTX $VXX #Paul Ebeling #Wall Street #recovery #cash #technicals #patterns #Fed #Bulls Last Week’s Action The indexes are in consolidation mode, and the leaders are leading pulling back and testing their moves, the trend is up and the Bulls are still in charge. Financials received bids ahead of the release of the […]
$DIA $SPY $QQQ $RUTX Historically social unrest issues have very little long-term impact on stock markets. During prior periods of civil unrest and protests, markets similarly largely ignored tumultuous events. After the assassination of Martin Luther King Jr. in Y 1968, markets dipped briefly on the day of his death, down 0.5% from 4-5 April, […]
$DIA $SPY $QQQ $RUTX $$GLD $XAU $VXX The Bulls are clearly in control on Wall Street, but the US stock market sentiment data picture is confusing for many participants now, as there is lots of professional of pessimism about current stock pricing Vs retail optimism. It is a tug-of-war scenario. This shows up in the […]
Australian shares closed 2.5% lower Thursday, snapping a 4-day winning streak, as rising concerns about a resurgence of C-19 coronavirus cases. The S&P/ASX 200 index ended 2.5% lower at 5,817.7 in its worst session since 12 June. New Zealand’s benchmark S&P/NZX 50 index declined 1.2% or 135.05 pts to 11,124.36. Japanese stocks ended at a […]
$DIA $SPY $QQQ $RUTX $VXX Successful investing is about managing risk, as it cannot be avoided. Americans are optimistic about the long-term health of the US stock market, despite being pessimistic about how investments will hold up short term, a Wells Fargo/Gallup survey said. Most people are eager to invest, especially to build their retirement […]
$DIA $SPY $QQQ $RUTX $VXX Inflation in the US is likely to come back slowly, keeping the Fed from raising interest rates for an extended period. Over the next couple of years, prices are likely to increase to the 2.3% to 2.4% level, as the Fed has learned its lesson from past interest rate increases […]
$DIA $SPY $QQQ $RUTX $VXX Last Week’s Action Stock indexes are consolidating, the economic data impresses, as headlines focus on new China Virus cases in the wake of massive new testing. Last Friday was Quad Witching expiration, and we saw leaders continue to lead. Perhaps other sectors will now start to contribute to the uptrend. […]
$DIA $SPY $QQQ $RUTX “The financial market is a reflection of the world it operates in, the essential meaning of the wisdom of money in action, expressed through buying and selling companies’ shares, it is always right.” Economist John Maynard Keynes likened the stock market to a beauty contest in which competitors try to pick […]
China stocks firmed Thursday as policymakers assured investors that the economy is gradually recovering from the C-19 coronavirus chaos, while pledging more reforms and liquidity to bolster capital markets. At the midday break, the Shanghai Composite index was up 0.03% at 2,936.88 pts, while China’s blue-chip CSI300 index rose 0.46%. The smaller Shenzhen index was […]
$DIA $SPY $QQQ $RUTX $VXX … recently released figures indicate that retail sales in May increased by 17.7%, and that is the biggest monthly gainer ever. This number re-enforces the forecast that a V shaped recovery from the instant recession has begun. This means that as construction reopens we seeing the positives. Housing starts rose […]
$DIA $SPY $QQQ $RUTX $GLD $XAU S&P 500 futures Vs fair value: +19.90. NAS Com futures Vs fair value: +85.40 There is a new Fund Manager Survey is out Wednesday, and it shows improvement in sentiment, and that only 18% of participants believe in this V-shaped recovery plus, 50%+ of the respondents see this rally […]
Australian shares advanced Wednesday as hopes for a fast global economic recovery rose after a record rise in US retail sales. The S&P/ASX 200 index rose 0.83% at 5,991.8 pts at the close. The benchmark rose 3.9% Tuesday. New Zealand’s benchmark S&P/NZX 50 index rose 3.5% to finish the session at 11,334.31. Wednesday at the […]
Australian shares rose the most in more than 2 months Tuesday as the Fed’s move to start buying corporate bonds and upbeat remarks from the domestic central bank boosted investor confidence. The S&P/ASX 200 index rose 3.89% at 5,942.3 points at the close of trade, snapping 3 straight sessions of losses. In New Zealand, the […]
Monday, the Fed said that it will begin buying individual corporate bonds under its Secondary Market Corporate Credit Facility, an emergency lending program that to date has purchased only ETFs. Saying it will follow a diversified market index of US corporate bonds created expressly for the facility. The Fed built the index internally, itd detail […]
$DIA $SPY $QQQ $RUTX $VXX This stock market rally has more to run and investors are under-pricing the scale of the world’s C-19 coronavirus chaos recovery “While the last four months have been exceptional, we think that this cycle has been, and will be, more ‘normal’ than appreciated,” said Morgan Stanley’s chief cross-asset strategist in […]
$GS $PENN $F $GM $TSLA $MGM $AAPL $FB $GPRO $MRO $NVDA $SNAP, $MRNA $RCL Retail investors have stepped up their participation in the stock market lately, they are outperforming the professionals. A basket of stocks that have been bought by individual investors since the bottom of the C-19 coronavirus chaos-induced selloff on 23 March has […]
Around the region, MSCI’s Asia sans Japan stock index was weaker by 0.75% while Japan’s Nikkei index was down 1.28%. Australian shares closed at their lowest marks in 3 wks Monday due to a healthy pull back in this Bull run. The S&P/ASX 200 index ended 2.2% lower to 5,719.8, its lowest close since 25 […]
$DIA $SPY $QQQ $RUTX $SOX $VXX Optimistic US Stock Market Will Survive Racial and C-19 Coronavirus Chaos| Last week’s action Stocks continue testing, as indexes that marked new highs have given them up. The charts of the PHLX Semiconductor Sector (SOX), the S&P 500 and others show reversals, suggesting there may be more testing (selling) […]
$DIA $SPY $QQQ $RUTX $VXX DJIA +477.37 at 25605.56, NAS Comp +96.08 at 9588.83, S&P 500 +39.21 at 3041.18 Friday, the S&P 500 gained 1.3% to reclaim some of Thursday’s 7% day’s decline, it was up 2.9% early in the session. The DJIA (+1.9%), NAS Comp (+1.0%), and Russell 2000 (+2.3%) also bounced. Media explanations, like the risk of a 2nd wave of […]
Around the region, MSCI’s Asia sans Japan’s stock index was weaker by 1.50% Japanese shares declined to 1.5 wk lows Friday after Wall Street dove on fears that a resurgence of C-19 infections could stunt the pace of reopening economies. Though not likely. The benchmark Nikkei average settled 0.75% lower at 22,305.48, its weakest close […]
China’s blue-chip share index was flat to little changed Thursday, but start-up board ChiNext continued its uptrend on reform hopes. Hong Kong stocks fell on a downbeat economic outlook from the Fed. The CSI300 index was unchanged at 4,038.84 pts at the end of the morning session, while the Shanghai Composite Index gained 0.2%, to […]
$DIA $SPY $QQQ $RUTX $VXX Wednesday, the Trump Fed signaled it will provide years of extraordinary support for an economy clawing back from the C-19 coronavirus chaos. Th FOMC projects a 6.5% decline in GDP this yr and a 9.3% unemployment rate at yr’s end. In the 1st economic projections of the virus quarter, US central […]
SKorean shares rose for the 9th straight session Wednesday on hopes for a quick recovery from the C-19 coronavirus chaos-induced economic downturn, though investors maintained a cautious stance ahead of a Fed policy decision. The Korean Won firmed to its highest close in more than 3 months, and the benchmark bond yield rose. The Seoul […]
$DIA $SPY $QQQ $RUTX $VXX Traders established fresh Bullish positions last week by buying 35.6-M new Call options on stocks, up from a high of 28.7-M in February, when speculative activity was rampant. Options traders make big bets on rising prices. This kind of activity could lead to negative returns in the S&P 500 and […]
Australian shares rose more than 3% Tuesday, with gains propped up by miners and financial stocks, as investors continued to bet on a swift economic rebound from the damage wrought by the C-19 coronavirus chaos. Returning from a holiday-extended weekend, the S&P/ASX 200 rose 2.6% to 6,153.7 by 0037 GMT, up for a 6th straight […]
$XAU $GLD $XAG $SLV $PLAT Gold rose Monday after the prior session’s decline, that boosted by hopes of dovish monetary policy from the FOMC Wednesday. Spot gold rose 0.5% to 1,692.86 oz by 12:23 p ET (1623 GMT) US gold futures rose 0.9% to 1,698.10 oz Expect the Fed to continue to continue it dovish […]
$SPY $SPX $DIA $QQQ $RUTX $USO $VXX This V-shaped recovery in stocks illustrates how markets strong this market and how fast it recovered from the medical malpractice recession. For those of us that understood this it set up opportunities for massive gainers over a short frame. It also underlines the need to be nimble, pay […]
Japanese stocks climbed to fresh 3.5 month highs Monday after a surprise increase in US employment gave investors further confidence of a swift global economic recovery from the C-19 coronavirus chaos-triggered slump. The benchmark Nikkei average advanced 1.4% at 23,178.10 pts, its highest closing mark since 21 February. The broader Topix rose 1.1% at 1,630.72, […]
$DIA $SPY $QQQ $RUTX $IRJ $XLF $VXX Bulls believe in this recovery, drive Bears back, as the market rallies with each sign of economic recovery. Recall the Bears growled alarms about putting faith in the Fed and chasing shares whose valuations swelled to a 20-yr high. Last Week’s Action Friday’s NFPs jobs report says the resilience reflects not […]
$DIA $SPY $QQQ $RUTX $VXX Friday, President Trump said he expects the US economy to recover from the C-19 coronavirus outbreak even faster than predicted after Friday’s jobs report showed a surprise gain of millions of jobs, but warned against electing Democrats in November. “The only thing that can stop us is bad policy,” PresidentTrump […]
$XAU $GLD Gold backed ETFs added 623 tonnes of the precious Yellow metal worth $34-B to their stockpile from January to May, exceeding in 5 months every full-year increase on record, the World Gold Council (WGC) said Thursday. In May alone, the increase was 154 tonnes, it said. Many investors think gold is likely to […]
$DIA $SPY $QQQ $RUTX $VXX No matter what you here, this market is not overvalued and barring any unexpected bad non-economic news, will continue to head due North. The current P/E ratio for the S&P 500 is 22ish. That is in line with the 12-month forward P/E ratio based on analysts’ expected EPS. The 25-yr MA is 25 […]
$DIA $SPY $QQQ $RUTX $VXX Wall Street stocks extend rally despite the terrorist rioting sweeping the nation. “At the end of the day, the market has no conscience. Investors are simply trying to make money, and that is why they are crowding into the stay-at-home economy stocks,” Jim Cramer said Tuesday, adding people still pick […]
$ALNA, $AMH, $BDX, $FORM, $SNAP 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, 2 June, as follows: Allena Pharmaceuticals Inc. (NASDAQ:ALNA) was started as Buy with a 10 price target […]
$XAU $GLD Gold prices rose Monday as riots in major US cities concerned investors already reeling from strained US-China ties and boosted the demand for the safe-haven precious Yellow metal, with a weaker dollar lending further support. Spot gold gained 0.9% at 1,741.61 oz by 0509 GMT. US gold futures was up 0.3% to 1,757.50. […]
$DIA $SPY $QQQ $RUTX $VXX What Happened Last Month The US stock market maintained a Bullish trajectory throughout May which saw many indices, sectors, and stocks retracing back above their March and April resistance zones. Broad-based gains lift S&P 500 back above its 200-Day MA, and Bullish with a Very Bullish bias across the board. […]
$DIA $SPY $QQQ $RUTX $VXX It is the end of May and the S&P 500 cracked and broke through the Key overhead resistance at 3,000 and held, this after a month of sideways trading and consolidation. Now Summer is here an my prediction should make investors feel safer after this unpopular rally drove prices higher […]
Australian shares eased 1.6% Friday, though gained for the 5th straight week as hopes of a faster-than-expected economic recovery Down Under from C-19 coronavirus chaos-induced disruptions outweighed worries of a deepened US-China rift. The S&P/ASX 200 closed at 5,755.7 and saw its worst day in 2 wks, as markets nervously awaited a response from the […]
$DIA $SPY $QQQ $RUTX The love-hate relationship many investors had with US stocks during the 11 yr Bull market is reemerging, as stock steadily climb the Wall of Worry in the face of economic devastation and uncertainty. The benchmark S&P 500 index has risen 34% from its 23 March lows and the NAS Comp is […]
Australia and New Zealand stock indexes on Tuesday surged to their highest in more than two months, fuelled by mounting hopes of a global economic recovery as more countries emerge from the coronavirus-induced lockdown. The S&P/ASX 200 index advanced more than 2% for the 2nd straight session and ended 2.9% firmer at 5,780 pts. The […]
$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 […]
$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 […]
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 […]
$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 […]
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 […]
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 […]
$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 […]
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 […]
$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 […]
$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 […]
$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 […]