Hong Kong: HANG SENG INDEX (.HSI) – Asian stock markets have retreated following a surge driven by a Chinese tariff cut on U.S. imports Asian stock markets retreated Friday following a surge after China announced a tariff cut on U.S. imports. Market benchmarks in Shanghai, Hong Kong, Seoul and Sydney all declined. Tokyo was flat. […]
Australia: S&P/ASX 200 (.AXJO) expected to edge higher The S&P/ASX 200 index looks set to start the week on a mildly positive note. According to the latest SPI futures, the ASX 200 is poised to edge 7 points or 0.1% at the open. This is despite a disappointing end to the week on Wall Street […]
On average, Americans have seen a 17% jump in household wealth since President Trump’s election, while wealth at the bottom half has increased 54%. “This is a blue collar boom,” President Trump said Tuesday night in the SOTU address to Congress, but there is a Baby Boomer ‘Boom’ Too Generationally, households with a head born […]
$RACE Following the latest results, Ferrari’s (NYSE:RACE) 16 analysts are now forecasting revenues of €4.12-B in Y 2020. This would be a 9.5% improvement in sales compared to the last 12 months. Statutory EPS are expected to accumulate 7.8% to €4.02. Before this weeks earnings report, analysts had been forecasting revenues of €4.07-B and EPS […]
$DIA $SPY $QQQ $RUTX $VXX Friday, White House adviser Larry Kudlow said the “blowout” jobs report was just the cherry on top of a very strong economic start to this New Year. Manufacturing, job growth and the stock market all boosted the economy in January, he said. “I think we’re in very strong territory right […]
Apple Inc. (NASDAQ:AAPL) plan to ‘aggressively’ ramp up AirPods production at risk due to coronavirus outbreak Apple’s plan to ramp up AirPods production could be delayed due to the coronavirus outbreak. The coronavirus outbreak has forced suppliers in China to halt production, but even if work resumes on Monday as planned, sources told Nikkei that […]
Amazon.com, Inc. (NASDAQ:AMZN) CEO has sold off more than 1.7 million shares in recent days Jeff Bezos has sold nearly $3.5 billion in Amazon.com Inc. stock in the past week, according to new financial filings. On Tuesday, filings with the Securities and Exchange Commission disclosed that the Amazon founder and CEO had sold 905,456 shares […]
Twitter, Inc. (NYSE:TWTR) Q4 Users, Sales Beat Street In Key Quarter; Stock Surges Twitter early Thursday posted $1.01 billion in fourth-quarter revenue, beating Wall Street estimates in a crucial quarter that’s being heavily scrutinized after some glitches in its advertising products resulted in disappointing sales growth in the quarter before. Earnings of 0.25 per share […]
Tesla, Inc. (NASDAQ:TSLA) stock tumbles after reaching historic highs After a historic rally that baffled many investors and analysts, Tesla stock had one of its worst days in years Wednesday, plummeting nearly 20%. Shares were trading at $823 when markets opened Wednesday, but fell to $734 by closing time, a more than 17% drop. During […]
Is Alibaba Group Holding Limited (NYSE:BABA) Stock Still Worth a Look? The road for Alibaba (NYSE:BABA) over the past year hasn’t been smooth. First, trade war fears amped up the stock’s volatility. Now, concerns regarding the coronavirus are in the spotlight. But Alibaba stock ultimately found a way to power more than 29% higher over […]
Dow Jones Industrial Average (.DJI) rises more than 80 points to a record as Wall Street extends winning streak to four days tocks rose to all-time highs on Thursday after China announced it will halve tariffs on a slew of U.S. products. Strong corporate earnings results and solid economic data also gave the major indexes […]
NASDAQ Composite (.IXIC) hits records, but more than half of stocks are still in bear market There’s a major disconnect in the Nasdaq rally. While the broad index sits at record highs, under the surface more than half of its stocks are in a bear market – characterized by a drop of 20% or more […]
$XAU $GLD $XAG $SLV Thursday, Gold prices rose for a 2nd day running as the momentum behind this week’s rally in risk assets faded ahead of the US NFPs report Friday. By 11:10a EST (1610 GMT), gold futures for delivery on the COMEX exchange were up 0.3% at 1,567.15, while spot gold was up 0.4% […]
$ACB Aurora Cannabis (NYSC:ACB) said CEO Terry Booth to retire and Executive Chairman Michael Singer becomes interim CEO as the beleaguered marijuana producer announced $752.79-M in impairment charges Thursday. The company also cut about 500 jobs, including about 25% of corporate positions. Aurora’s NYSE-listed stock fell 13.5% in after-hours trading. The shares were halted earlier […]
$RACE Ferrari (NYSE:RACE) upgraded guidance across its Key financial metrics for the full year ahead, beyond its “2020 plan“. The iconic Italian company now sees net revenues above €4.1-B, representing an 8.5% increase compared to the F-Y 2019 revenues of €3.776-B result. Ferrari investors are more Bullish on its Y 2020 growth and earnings outlook […]
$DIA $SPY $QQQ $RUTX $VXX Thursday, US stocks gained for a 4th session running, and Wall Street’s major indexes hit record highs as concerns faded over the economic fallout from the coronavirus outbreak in China. China said it would pare by 50% additional tariffs levied against some US goods, seen as a move to boost confidence […]
As Tesla, Inc. (NASDAQ:TSLA) stock soars, Elon Musk hints at another big move for the EV maker Tesla CEO Elon Musk hinted that his electric vehicle company may build a factory in Texas. In a teaser of sorts, Musk mysteriously tweeted a question with a poll early Wednesday: “Giga Texas?” The choices: “Hell yeah” or “Nope.” […]
Dow Jones Industrial Average (.DJI) books nearly 500-point gain as S&P 500 and Nasdaq close at records U.S. stocks registered a third straight day of gains, with investors attributing the exuberance partly to hope for a coronvirus cure and to upbeat economic data. The Dow Jones Industrial Average DJIA, +1.68% surged about 484 points, 1.7%, […]
NASDAQ Composite (.IXIC) mint record highs after strong U.S. data, waning virus fears The benchmark S&P 500 posted a record closing high on Wednesday as U.S. stocks rallied for a third straight day on encouraging U.S. economic data and waning fears of the financial fallout from the corona virus in China. The Nasdaq also notched […]
$GOOGL, $AMZN, $GS, $GRUB, $MWA, $RL, $RNG Daily HeffX-LTN reviews dozens of Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Thursday, 6 February, as follows: Alphabet Inc. (NASDAQ:GOOGL) was reiterated as Buy and its target price was raised to […]
$XAU $GLD $SPY $SPX The S&P 500 posted a record high Wednesday at +37.10, or 1.1% at 3334.69 The reverse side of market optimism was the correction of safe-havens such as JPY and Gold. The JPY declined against the Buck, lead USDJPY to its highs in a 1. wks near 109.50, showing a rebound from the 200-Day SMA. Gold dropped […]
$RACE Ferrari (NYSE:RACE) boosted its Y 2020 forecasts for sales and earnings after the Supercar maker posted record deliveries, a sign that CEO Louis Camilleri’s model-range renewal is working and gathering momentum. The Maranello Outfit launched a record 5 new models in Y 2019, including the Roma Coupe with a front-mounted 620-horsepower engine, which helped […]
$DIA $SPY $QQQ $RUTX $VXX S&P 500 and NAS Comp finish on new highs, virus concerns fade. Stephen Moore, the Heritage Foundation’s chief economist, said Wednesday that there is nothing negative to say about the US economy. The US economy has hit record-highs across the board, Mr. Moore told Wednesday’s “National Report.” “You got the lowest unemployment […]
$CAT, $CMCSA, $ELF, $GPS, $LULU, $NKE, $UBER, $ULTA Daily HeffX-LTN reviews dozens of Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Wednesday, 5 February, as follows: Caterpillar Inc. (NYSE:CAT) was maintained as Buy but the target price was lowered to […]
$DIA $SPY $QQQ, $RUTX, $VXX Tuesday, President Trump will focus much of his State of the Union address on the administration’s economic achievements. “The President is very proud,” National Economic Council Director Larry Kudlow said Tuesday. “I think his policies, such as tax cuts, business deregulation across the board, opening up the energy sector to […]
$AMGN, $AMAT, $TAST, $CVX, $MNST, $NKE Daily HeffX-LTN reviews dozens of Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Tuesday, 4 February, as follows: Amgen Inc. (NASDAQ:AMGN) SunTrust Robinson Humphrey reiterated it as Buy and raised its target price to […]
$DIA $SPY $QQQ $RUTX $VXX $USD Monday, the US Commerce Department finalized a new rule to impose anti-subsidy duties on products from countries that it has determined undervalue their currencies against USD, including China. In theory, the new rule would allow the Commerce Department to impose duties on China, even though the US Treasury Department recently removed […]
DAX PERFORMANCE-INDEX (.GDAXI) opens higher despite market chaos in China The FTSE 100 and other European stock markets have opened slightly higher, despite China’s Shanghai index plunging almost eight per cent over the coronavirus outbreak. The UK’s blue-chip index had climbed 0.3 per cent by 8.30am, Germany’s Dax was also 0.3 per cent higher, while […]
UK FTSE 100 (.FTSE) bounces back from seven-week low, Rynair advances London’s main share index bounced back from a seven-week low on Monday, as strong U.S. economic data kept in check worries about the coronavirus, but gains for UK-focused midcaps were limited by concerns about the possibility of Britain having no trade deal in place […]
Australia: S&P/ASX 200 (.AXJO) Expected to edge higher Australia’s stock market closed 1.3 per cent lower today with the S&P/ASX200 at 6923.3 points and the All Ords falling 101 points lower, a decline of 1.4 per cent, at 7019.9 points. The indices dropped as much as 1.7 per cent on the open before firming up […]
Hong Kong: HANG SENG INDEX (.HSI) Market Recovers After Opening Lower Hong Kong stocks opened slightly lower on Monday amid fears the virus outbreak in mainland China will take its toll on the country’s economy, but quickly recovered their losses. Shayne Heffernan, CEO and Founder of Heffx said the initial plunge wasn’t as bad as […]
Singapore: STI Index (.STI) slides 1.2% as bank and property stocks fall The sharp sell-off in China sparked by concerns about the coronavirus outbreak triggered similar reactions across the region, with most stock markets tumbling yesterday. Chinese shares fell more than 7 per cent after the extended Chinese New Year break, despite the People’s Bank […]
FTSE Bursa Malaysia KLCI (.KLSE) falls for 10th straight session Bursa Malaysia closed lower for the 10th straight session today, dragged down by all index except for the FBMPalmOil index, despite bids by China’s central bank to steady its domestic markets, said an analyst. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 0.59 […]
$AMZN, $KO , $IBM, $SMAR, $UBER, $V Daily HeffX-LTN reviews dozens of Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Monday, 3 February, as follows: Amazon.com Inc. (NASDAQ:AMZN) Friday’s post-earnings reaction had shares trading up over 10% at 2,065.00 in […]
Dow Jones Industrial Average (.DJI) has worst day since August amid coronavirus fears The Dow Jones Industrial Average closed down 603 points, about 2%, on Friday, as the novel coronavirus outbreak has stoked uncertainty for investors. The S&P 500 and Nasdaq also tumbled, by 1.8% and 1.6% respectively, after authorities in China said coronavirus cases […]
NASDAQ Composite (.IXIC) tumbles on virus, growth worries Wall Street’s major indices tumbled more than 1.5 per cent on Friday, sealing its worst week in six months, as the spreading coronavirus outbreak coupled with sluggish US economic data and a mixed batch of corporate earnings, fuelled concerns about global growth. After suffering its biggest one-day […]
Coronavirus Derails Apple Inc. (NASDAQ:AAPL) From Realizing iPhone Shipment Target Apple might ship fewer than expected iPhone units during the first quarter of the year, according to Shayne Heffernan, CEO and Founder of Heffx. In an investors note, Mr. Heffernan outlined his expectations when it comes to Apple’s iPhone shipments during the first quarter of […]
Amazon.com, Inc. (NASDAQ:AMZN) roars back into US$1 trillion club, powered by one-day delivery boost There is no stopping Amazon.com’s revenue growth, Wall Street analysts said on Friday. The e-commerce giant re-entered the US$1 trillion (A$1.49 trillion) club after its results crushed expectations, benefiting from investments in faster shipping and a surge in Prime membership. Nearly […]
Competition Mounts and Netflix, Inc. (NASDAQ:NFLX) Does Fine Netflix (NASDAQ: NFLX) passed a big test with its fourth-quarter earnings report last week. The company is confronting more intense competition, most notably from Walt Disney and Apple. In the United States, where the effects of new competing services were felt most keenly, the number of Netflix […]
Earnings Look Good Enough for PayPal Holdings, Inc. (NASDAQ:PYPL) Stock PayPal Holdings (NASDAQ:PYPL) released its earnings on Wednesday afternoon — and investors don’t seem impressed by the results, as PayPal stock is little changed since then. The response is somewhat logical. PayPal’s Q4 numbers did beat analysts’ average estimates, but not by much; investors likely […]
Facebook, Inc. (NASDAQ:FB) Stock Has Support Facebook (NASDAQ:FB) stock fell 7% after reporting earnings this week. At closing it was down 6%, shedding about $30 billion in market cap. It’s not like they delivered a terrible set of results; in fact, they beat forecasts. Wall Street decided that they didn’t beat them by a big […]
Tesla, Inc. (NASDAQ:TSLA) directors settle SolarCity lawsuit, leaving Elon Musk the lone defendant Directors of Tesla Inc settled a shareholder lawsuit over the company’s 2016 acquisition of SolarCity Corp, leaving Chief Executive Officer Elon Musk as the lone defendant facing claims that Tesla paid $2.6 billion for a worthless solar energy system installer, according to court documents. The $60 […]
$DIA $SPY $QQQ $RUTX $VXX We are deep in earnings season. Stay tuned daily. What happened last week Facebook (NASDAQ:FB) struggled as caught a bid and rallied The DJIA and the S&P 400 tested the 50-Day MA, but the NAS Comp and S&P 500 did not, but rebounded.Q-4 GDP came in at 2.1% the slowest […]
$RACE MercedesAMG is back in the headlines this week, as news leaked that they were considering leaving F1 for the Y 2021 season. The Big Q: Could the reigning F1 World Constructors’ champions really be about to walk, or drive, away from the sport that they have dominated for the last 7 years? The Story Autocar broke […]
Australia: S&P/ASX 200 (.AXJO) Investors are bracing for the worst day for Australian shares this year Investors are bracing for the worst day for Australian shares this year, on escalating fears about the damage to economic growth from the deadly coronavirus. China said on Sunday the death toll from the virus had risen to 304, […]
Singapore: STI Index (.STI) Singapore’s Leader Says Economic Rebound Depends on Global Calm Singapore Prime Minister Lee Hsien Loong said the city state’s economy could improve in 2020 only if any number of global risks don’t materialize, particularly emanating from the U.S. Singapore is poised to rebound from 2019, when a potent mix of trade-war […]
Australian Dollar: USD/AUD (AUD=X) Trying To Find Support The Australian dollar has fallen rather hard during the trading session on Friday, attacking the 0.67 handle. This is an area that should be important though, because it is the top of the consolidation from the global financial crisis over a decade ago. The market also has […]
Shanghai: SSE Composite Index (.SSEC) readies cushion for virus shock when markets re-open China’s central bank announced plans Sunday to inject 1.2 trillion yuan ($173 billion) into the economy to cushion the shock to financial markets from the outbreak of a new virus when trading resumes on Monday after a prolonged Lunar New Year holiday. […]
UK FTSE 100 (.FTSE) Coronavirus continues to spook the markets Brexit Day may be upon us, but traders in the City were less than cheery on another tough day for the markets. The coronavirus outbreak continued to hit exchanges, as countries around the world confirmed their own cases – including two in the UK – […]
$SNE $CMCSA $LGF Bad Boys for Life won Super Bowl weekend at the US box office, earning another $17.7-M for a franchise-best domestic total of $148.1-M. The film has stayed atop the chart for 3 weekends running, and is a major win for stars Will Smith and Martin Lawrence, as well as Sony. Bad Boys […]
$RACE Museo Ferrari (NYSE:RACE) in Maranello is staging a special exhibition marking Ferrari’s Le Mans 24 Hours story. The star attraction is a 166MM Barchetta Touring like the car used to take Ferrari’s 1st Le Mans win in Y 1949. Also on stage is the 275P that won the Y 1964 edition of the race […]
$DIA $SPY $QQQ $RUTX $VXX The US government’s latest tally of Q-4 growth showed business non-residential investment in equipment declined an annualized 2.9% after a 3.8% slump in the prior 3 months. That marked the worst back-to-back Quarters since late 2015-early 2016. Outlays for construction machinery in the Q-4 were the weakest in more than […]
$GOOGL, $AAPL, $FB, $MCD , $MSFT , $PENN, Daily HeffX-LTN reviews dozens of Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Friday, 31 January, as follows Alphabet Inc. (NASDAQ:GOOGL) was reiterated as Outperform and the target price was raised to […]
Facebook, Inc. (NASDAQ:FB) – A good quarter wasn’t good enough A good quarter wasn’t good enough for Facebook, with the tech giant’s stock price falling 6.5% in early trading on Thursday, a day after the company reported its Q4 earnings. The issue, for some on Wall Street, seems to be Facebook’s lagging growth. The company […]
Apple Inc. (NASDAQ:AAPL) Stock’s Record Quarter Shows Tech’s Deflation-Beating Power Investors are piling into Apple (NASDAQ:AAPL), and all of its cloud peers, because in the present market only tech seems to work. Another record quarter, with net income of $22.2 billion, $4.99 per share, on revenue of $91.8 billion, sent Apple shares up 2% on […]
Amazon.com, Inc. (NASDAQ:AMZN) is back in fashion with investors Concern about the cost of Amazon’s one-day delivery pledge lingered after a busy holiday period, holding the stock back while shares of rivals including Microsoft Corp., Google and Apple Inc. all rallied. That abruptly changed Thursday when Amazon reported results that crushed Wall Street estimates. Chief […]
Twitter, Inc. (NYSE:TWTR) Earnings Preview The market expects Twitter (TWTR) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2019. This widely-known consensus outlook is important in assessing the company’s earnings picture, but a powerful factor that might influence its near-term stock price is how […]
Tesla, Inc. (NASDAQ:TSLA) Soars on Strong Results Expectations were pretty high for Tesla going into its Q4 report, but the company managed to top them. On Wednesday afternoon, Elon Musk’s company reported Q4 revenue of $7.38 billion (up 2% annually), GAAP EPS of $0.58 and non-GAAP EPS of $2.14, beating consensus analyst estimates of $6.99 […]
Rising Sales and FCF Pushed Up Alibaba Group Holding Limited (NYSE:BABA) Many people are concerned about the Chinese coronavirus outbreak and the steps the government is taking to contain it. And obviously, Alibaba (NYSE:BABA), the Chinese e-commerce giant, is directly affected. BABA stock has already fallen 9% from its peak as a result. BABA stock […]
Dow Jones Industrial Average (.DJI) edges higher as strong Apple results offsets virus fears Strong profits from Apple and others helped the Dow edge higher on Wednesday (Jan 29) as more large companies moved to contain a virus centred in China, but the broader market was more mixed. The biggest company by market capitalisation, iPhone […]
NASDAQ Composite (.IXIC) rebounds on WHO coronavirus remarks US stocks rebounded late to close higher on Thursday after the World Health Organization (WHO) declared the China coronavirus a global emergency, while earnings painted a mixed picture. After the Centres for Disease Control and Prevention reported the first US incident of person-to-person spread of the virus, […]
$GLD, $SLV, $GXDJ, $XAU, $XAG With Wednesday’s Fed meeting past, precious metals can resume their uptrends. A breakout in gold should extend to challenge $1700+ in March. Gold Breaking Out: Prices are just now breaking free from the January mid-cycle consolidation. Prices should continue higher for another 4-6 wks and challenge 1700+ in March before this 6-month […]
$RACE Ferrari’s (NYSE:RACE) patent application images show a 2-seater car, though the technology could be applied in a different body style Ferrari has approached electrified cars with caution, and we only saw it introduce its 1st plug-in hybrid with the SF90 Stradale last year. Yes, there was the LaFerrari, but the KERS-style hybrid system was hardly for efficiency, just […]
DAX PERFORMANCE-INDEX (.GDAXI) Drops As Fears Of Coronavirus’ Economic Impact Grow In line with other equity markets across the globe, the Dax is declining in early trade. Fears over coronavirus and its impact on the Chinese economy, global growth and trade have weighed heavily on sentiment. The number of cases of coronavirus in mainland China […]
$DIA $SPY $QQQ $RUTX $VXX The US homeownership rate rose to a 6-year high in Q-4, led by gains among young people and low-income Americans. The nationwide rate was 65.1%, the biggest since the end of Y 2013, according to a US Census Bureau report Thursday. It was the 2nd straight increase, climbing from 64.8% in the […]
Shell slumps as UK FTSE 100 (.FTSE) suffers 100-point slide on virus fears Shell (RDSb) has dragged down the FTSE 100 after the oil giant reported a slump in profits in the last three months of 2019 and slowed the pace of its share buyback programme. Shares in Shell fell 2.6% to £20.68, as profits […]
Australia: S&P/ASX 200 (.AXJO) – The day ahead Today is the deadline for ASX companies to lodge their quarterly reports, hence the bourse will be full of these today. In economic data, the RBA will release its statistics on private sector credit, while the Australian Bureau of Statistics will release its Producer Price Index (PPI). […]
Hong Kong: HANG SENG INDEX (.HSI) markets tumble as fears over virus outbreak spread Shares tumbled in Asia on Thursday as concern over the impact of the virus outbreak in China deepened. Taiwan’s benchmark dived 5.3% as its market reopened after the Lunar New Year. Japan’s Nikkei 225 index sank 1.9% to 22,935.20, while Hong […]
$XLRN, $AAPL, $DHI, $FB , $LMT, $MNST, $UTX Daily HeffX-LTN reviews dozens of Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Thursday, 30 January, as follows: Acceleron Pharma Inc. (NASDAQ:XLRN) Citigroup reiterated its Buy rating and raised its target to […]
Tesla, Inc. (NASDAQ:TSLA) faces a moment of truth Tesla is due to report Q4 2019 earnings on Wednesday. Shares in the electric car maker have skyrocketed by about 120% since Tesla’s Q3 shareholder update. Skeptics are cautioning investors about the effects of the coronavirus on Tesla’s China operations, and declining sales volumes in mature markets […]
United States Oil (USO) falls as the death toll from the new virus in China climbed to 170 Oil prices fell on Thursday as the death toll from the new virus in China climbed to 170 and more airlines canceled flights to the country’s major cities, while rising U.S. crude inventories added to the negative […]
Facebook, Inc. (NASDAQ:FB) beat on top and bottom lines, but the stock fell more than 7% Facebook beat on top and bottom lines, but the stock fell more than 7% on Wednesday after the company reported rising costs and expenses and a narrowing operating margin. Here are the key numbers: Earnings (EPS): $2.56 vs. $2.53 […]
NASDAQ Composite (.IXIC) Delivers Strong Revenue Growth in Non-Trading Segments(1) 2019 net revenues2 were $2,535 million. Revenues in the non-trading segments increased 10% versus the prior year period, while Market Services revenues decreased 5% from a multi-year annual high in 2018 as volatility and volumes receded. The 10% increase in 2019 net revenues in the […]
Apple Inc. (NASDAQ:AAPL) hits a record high Apple Inc. smashed first quarter earnings forecast Tuesday, thanks in part to robust demand for its new suite of iPhones, sending shares in the world’s biggest tech company to a fresh all-time high in extended hours trading. Apple said earnings for the three months ending on December 28, […]
Amazon.com, Inc. (NASDAQ:AMZN) will be releasing its earnings data after the market close mazon.com (NASDAQ:AMZN) will be releasing its earnings data after the market closes on Thursday, January 30th. Analysts expect Amazon.com to post earnings of $3.98 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do […]
Investors should use the coronavirus-driven dip to buy some Alibaba Group Holding Limited (NYSE:BABA) shares When Alibaba (NYSE:BABA) traded at an all-time high of $230 at the start of 2020, China’s e-commerce giant enjoyed nothing but good news. The U.S.-China trade war ended with phase one in place. Markets as a whole enjoyed rich valuations. […]
Dow Jones Industrial Average (.DJI) Stocks end mixed, Fed leaves interest rates unchanged, sees moderate U.S. economic growth Stocks ended little changed Wednesday, giving back intraday gains, with better-than-expected results from blue-chip names, including Apple, offset by lingering concerns related to China’s coronavirus outbreak. The Federal Reserve left its policy interest rate unchanged as expected […]
$XAU $GLD Gold prices ended higher Wednesday following the Fed’s decision to keep interest rates unchanged. The Fed said that job gains have been solid, but inflation remains below the Fed’s 2% objective. The Fed said that household spending is rising at a moderate rate. The Fed will continue to assess the appropriate path of […]
$RACE The 812 GTS where speed meets elegance LIBERTY HAS NEVER BEEN SO EASY The aim in developing the 812 GTS was to retain the exhilarating feeling of speed and power delivered by the berlinetta version in terms of accelerating, response times and agility. TRADITION NEVER FAILS Exactly 50 yrs on from the debut of the last Spider in the Ferrari […]
$DIA, $SPY, $QQQ, $RUTX , $VXX The Fed held interest rates steady Wednesday at its first policy meeting of the year, the head of the central bank pointed to continued moderate economic growth and a “strong” job market, and giving no sign of any imminent changes in borrowing costs. “We believe the current stance of […]
Hong Kong: HANG SENG INDEX (.HSI) makes its worst Lunar New Year debut since 2016 Hong Kong’s key stock index made its worst opening since 2016 on the first trading day of the Year of the Rat, as traders ran for cover after a two-day pause amid a worsening coronavirus outbreak. The Hang Seng Index […]
UK FTSE 100 (.FTSE) edges higher despite rising coronavirus death toll The FTSE 100 has edged higher, tentatively building on a recovery from Monday’s heavy sell-off sparked by fears over the spread of the coronavirus in China. The UK blue-chip index rose seven points to 7,488, but is still well short of the level traded on […]
DAX PERFORMANCE-INDEX (.GDAXI) bounce running out of steam? Buyers have managed to drive the DAX’s price up from the low around 13,180, but now are at risk of losing control as a lower high is created. Further selling targets 13,180 Below this, 12,900 comes into view. As with the FTSE 100, bulls need to close […]
Australia: S&P/ASX 200 (.AXJO) managed to take back part of its coronavirus-related losses The sharemarket managed to take back part of its coronavirus-related losses on Wednesday amid further efforts to control its spread even as Treasury Wine Estates lost a quarter of its value. The S&P/ASX 200 Index firmed 37 points, or 0.5 per cent, […]
$BKR, $DOW, $ETFC, $MAS, $RJF, $TWLO, $V Daily HeffX-LTN reviews dozens of Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Wednesday, 29 January, as follows: Baker Hughes Co. (NYSE:BKR) was maintained with a Buy rating but its target was lowered […]
Tesla, Inc. (NASDAQ:TSLA) Rises Ahead of Fourth-Quarter Earnings Tesla stock was rising on Tuesday, a day before the electric-car maker’s fourth-quarter earnings report and in the face of concerns over the outbreak of coronavirus in China. Tesla stock was rising on Tuesday, a day before the electric-car maker’s fourth-quarter earnings report and in the face […]
Dow Jones Industrial Average (.DJI) rebound ended a five-day losing streak Stocks closed broadly higher on Wall Street Tuesday, reversing a big slice of the market’s losses from a sharp sell-off the day before. The rebound ended a five-day losing streak for the Dow Jones Industrial Average fueled largely by fears that the spread of […]
NASDAQ Composite (.IXIC) reversed most losses from a sell-off the day before hares advanced in most Asian markets on Wednesday after a rebound on Wall Street that reversed most losses from a sell-off the day before. Hong Kong’s Hang Seng dropped 2.4%, to 27,289.55 after reopening from Lunar New Year holidays, while other Chinese markets […]
Apple Inc. (NASDAQ:AAPL) earnings and sales surge Apple Inc. shares ticked higher in aftermarket trading after the company posted record quarterly results for its holiday quarter Tuesday afternoon while easily topping expectations. The star of the quarter was the iPhone, as revenue for the category exceeded the FactSet consensus by more than $4 billion. Apple […]
Netflix, Inc. (NASDAQ:NFLX) Stock Is Up 28% In 4 Months Netflix (NASDAQ: NFLX) saw its stock price jump by almost 28% over the last four months, on account of better than expected international streaming growth and continuously improving profitability. Though the company beat revenue and earnings consensus for Q4 and FY 2019, the stock price […]
The Boeing Company (NYSE:BA) Q4 Earnings Preview On Wednesday, January 29, Boeing (NYSE: BA) will release its latest earnings report. Decipher the announcement with Benzinga’s help. Earnings and Revenue Wall Street analysts see Boeing reporting earnings of $1.39 per share on revenue of $21.06 billion. n the same quarter last year, Boeing posted EPS of $5.48 […]
Facebook, Inc. (NASDAQ:FB) Earnings Whispers Social media giant Facebook FB is set to release fourth-quarter fiscal 2019 results on Jan 29 after market close. The stock has returned 13.5% over the past three months, on par with the industry’s gain. The upside is expected to continue as Facebook is poised to beat the earnings estimate […]
Twitter, Inc. (NYSE:TWTR) Betting On A Sharp Drop Twitter Inc.’s (TWTR) stock has rebounded by around 12% since the middle of November, but that may be about to end after the social media company reports quarterly results. Options traders appear to be betting that the stock price declines by as much as 9% following those […]
$XAU $GLD Gold markets pulled back during the trading session Tuesday, reaching towards 1565. This is an area that should attract some attention but support is in the 1550 region, so waiting for some good support makes sense. With that in mind I like the idea of buying the dip on a short-term chart, keep […]
$RACE Ferrari (NYSE:RACE) has everything a F1 team needs to succeed including huge financial resources, an in-house engine supply and a rich history capable of luring the most talented individuals in the sport onto its payroll. Yet for the past 11 yrs, those ingredients have failed to bring the iconic Italian team a championship. We […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Less than 1 hr after Fed officials begin a two-day policy meeting, President Trump calls for a cut in rates. “The Fed should get smart & lower the Rate to make our interest competitive with other Countries which pay much lower even though we are, by far, the high standard,” […]
Australia: S&P/ASX 200 (.AXJO) shares are set to recoup some Australian shares are set to recoup some of Tuesday’s losses at the open as China expands its effort to contain the coronavirus. Equities in both Europe and on Wall Street are rebounding. ASX futures were up 42 points or 0.6% to 6981 near 4.45am AEDT. […]
Hong Kong: HANG SENG INDEX (.HSI) sink on deepening worries over the expanding outbreak of a new virus in China. Markets in Hong Kong and mainland China were closed Tuesday for Lunar New Year holidays, while South Korea’s benchmark tumbled 3.4% to 2,170.88 as it reopened after its own holidays. China has extended its national […]
UK FTSE 100 (.FTSE) recovery rally gathering strength The FTSE 100 has rebounded from yesterday’s heavy sell-off, as a recovery rally gathered strength during the day. The UK blue-chip index closed 69 points, or 0.9% higher at 7,481, with stocks gaining a boost from a strong market open in the US. The Dow Jones rose […]
DAX PERFORMANCE-INDEX (.GDAXI) rising after sharp drop into Fibonacci support The DAX also saw huge losses yesterday, with the German index dropping into the 61.8% Fibonacci support level last night. The wider trend remains bullish, yet there is a distinct possibility of another bearish leg lower coming into play before long. Nevertheless, with the index […]
