Tesla, Inc. (NASDAQ:TSLA) has “a decent shot at a record quarter on every level” Tesla has “a decent shot at a record quarter on every level”, CEO Elon Musk has told the company’s annual shareholder meeting, soothing concerns about weak demand for the electric car maker’s sedans. Tesla’s stock rose 3.6 per cent to $US225 […]
NASDAQ Composite (.IXIC) investors paused following a run of gains tied to optimism over easing trade tensions U.S. stocks edged lower in late afternoon trading on Tuesday, as investors paused following a run of gains tied to optimism over easing trade tensions and the prospect of an interest rate cut by the Federal Reserve. Industrials […]
Alphabet Inc. (NASDAQ:GOOG) potential breakup of the company — could be reason to cheer Alphabet Inc. investors have been sweating a potential antitrust investigation into the Google parent, but one analyst suggests that regulatory scrutiny — meaning a potential breakup of the company — could be reason to cheer. Needham’s Laura Martin said Tuesday that […]
Dow Jones Industrial Average (.DJI) a failure to break out to new highs would be viewed as negative The Dow Jones Industrial Average ended the day down 14.17 points at 26,048.51, erasing a gain of 185.99 points. The S&P 500 slipped less than 0.1% to 2,885.72 while the Nasdaq Composite finished just below breakeven at […]
Amazon.com, Inc. (NASDAQ:AMZN) rarely mentions Whole Foods in earnings Robb said on Yahoo Finance’s The First Trade that the Amazon deal for Whole Foods was a game-changer. “The deal heralded as a proxy that integrated retailing is the future,” Robb said. “The customer is now in charge of what choices they make — they aren’t […]
Apple Inc. (NASDAQ:AAPL) shares have stalled with iPhone sales, but medical breaththroughs using the Watch are coming If you took good advice and have just held Apple (NASDAQ:AAPL) stock, say for five years, your patience has been rewarded. AAPL stock has more than doubled the gain in the S&P average, rising 109%, and delivered a […]
$GLD, $XAU, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Steady, Crude Oil Falls, Stocks Off Notes: US Crude Oil inventories rose by 4.9-M bbl in the week ended 7 June to 482.8-M bbl, according to data from the American Petroleum Institute (API) Tuesday. That compared with analyst expectations for a decrease of 481,000 […]
$TSLA $F $POAHY FLASH: The EV maker’s shares rose after CEO Musk said a “record Quarter” is possible. The recap, as follows: Tesla (NASDAQ:TSLA) CEO Elon Musk thinks his fledgling EV company has a ‘Decent Shot’ of having a record Quarter. Echoing prior remarks made in an employee e-Mail about Q-2 potentially being a record Quarter for […]
$EURUSD FLASH: Last week, Fed Chairman Powell said, “…we will act as appropriate to sustain the expansion.” With those few words Chairman Powell took the strength out of the argument for a recession because the Fed is very powerful. And with the stock market rallying, President Trump threatening more tariffs on China, stocks are just […]
$RACE Ferrari (NYSE:RACE) shares hit all-time highs at $155.54 for a 6th session running. And all of our technical indicators suggests more Northside is ahead for the iconic Italian luxury supercar builder. The data shows that there have been 7X’s in the stock’s history when it was trading near its 52-wk high and the indicators […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: White House economic adviser Larry Kudlow predicts the US economy will maintain 3% pace without a China trade deal. “The US economy is very strong, I think we are in pretty good shape and I think we’ll maintain a 3% growth pace this year,” said Mr. Kudlow, who […]
Hong Kong: HANG SENG INDEX (.HSI) gain despite fresh tariff threats China stocks led Asian markets higher Tuesday, despite fresh threats from President Donald Trump to raise tariffs on imports from that country. Trump on Monday told reporters that the U.S. would raise tariffs against China if President Xi Jinping did not attend the G-20 […]
Singapore: STI Index (.STI) risk-on sentiment alive Shares in mainland China surged on Tuesday, as a signal of an infrastructure boost from Beijing outweighed comments from U.S. President Donald Trump on the ongoing trade war between the two economic powerhouses. The Shanghai composite rose 2.58% to close at about 2,925.72 and the Shenzhen component jumped […]
Shanghai: SSE Composite Index (.SSEC) markets celebrate Despite Trump’s warning, Chinese indexes jumped on June 11 on the expectation of an infrastructure boost. After rising 1.1% on June 10, the benchmark Shanghai Composite Index rose 2.58% to 2,925.72 on June 11. The tech-focused Shenzhen Component Index outperformed the Shanghai Composite Index, gaining 3.74%. The CSI […]
Gold 1 OZ (XAU=X) prices remain under pressure as producer inflation pressures rise in line with expectations Gold prices remain under pressure as producer inflation pressures rise in line with expectations. Tuesday the U.S. Labor Department said its Producer Price Index (PPI) rose 0.1% in May, following April’s increase of 0.2%; the data were in […]
FTSE Bursa Malaysia KLCI (.KLSE) Rebounding After months of scrimping on public spending, the Pakatan Harapan (PH) government is showing signs of easing its purse strings and reviving large state projects as investors return to Malaysia. Bloomberg reported today that foreign investors have been coming back, adding that the turnaround would be a boost to […]
Apple Inc. (NASDAQ:AAPL) intends to rely solely on Broadcom for the components as long as the company can meet commitments for quantity and quality Broadcom Inc. AVGO, +1.94% disclosed Monday afternoon that it has landed a two-year deal with Apple Inc. AAPL, +0.95% to provide some components, sending shares higher in after-hours trading. In a […]
Facebook, Inc. (NASDAQ:FB) will no longer allow Huawei to pre-install its core app, Messenger, Instagram, or WhatsApp on its smartphones Facebook (NASDAQ: FB) will no longer allow Huawei to pre-install its core app, Messenger, Instagram, or WhatsApp on its smartphones, according to Reuters. The decision comes after several other companies — including Intel , Qualcomm , and ARM Holdings — cut ties with […]
Alphabet Inc. (NASDAQ:GOOG) pays Apple billions of dollars to be the default search engine on the Safari browser Google pays Apple billions of dollars to be the default search engine in the Safari browser on iPhones and Mac computers. A deal like that doesn’t come together overnight, and a new interview with Apple’s former general counsel Bruce Sewell […]
NASDAQ Composite (.IXIC) looming trade tensions still make a bear market a possibility Wall Street investors are enjoying a multiday rally, with the Dow Jones Industrial Average poised for a six-session advance, but strategists at Citigroup say looming trade tensions still make a bear market a possibility if the Trump administration’s tariff disputes aren’t resolved […]
Dow Jones Industrial Average (.DJI) gaining for the sixth session in a row, as investors continued to snap up global equities U.S. stocks closed higher Monday, with the Dow gaining for the sixth session in a row, as investors continued to snap up global equities after the U.S. dropped plans to impose tariffs on Mexico. […]
$ADI, $APLT, $DD, $FII, $PAGS, $PSTL, $RDFN 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 Key issues for Tuesday follows: Analog Devices Inc. (NASDAQ:ADI): analysts raised ADI to […]
$GLD, $XAU, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Up, Crude Oil Up, Stocks Up Notes: President Trump will meet Chinese President Xi on the sideline of G-20 leaders’ meeting late this month to seek compromise on trade and other economic issues. In Asia Gold: Gold held steady Tuesday after posting its biggest 1-day percentage […]
$DIA, $SPY, $SOX, Investors heavily exposed to US stocks just had their best week YTD. But the rebound has raised several questions related to market behavior, policy and economics. How they are answered will prove consequential not only for market prospects but for the global economy. And, notwithstanding the lack of decisive answers at this stage, […]
$RACE Ferrari (NYSE:RACE) has appealed the decision to punish Sebastian Vettel with a 5 sec penalty at the Canadian Grand Prix Sunday, which resulted in the him missing out on his 1st win of the season, though he did take the Chequered flag. Mr. Vettel was deemed to have rejoined the circuit in an unsafe manner after making […]
Australia: S&P/ASX 200 (.AXJO) investors respond to climbing prospects of easier monetary policy at home and abroad The ASX is expected to move back within striking distance of a post-GFC high in coming days as investors respond to climbing prospects of easier monetary policy at home and abroad. Thursday’s jobs data for May stands out […]
Hong Kong: HANG SENG INDEX (.HSI) starts week with rally as Trump drops Mexico tariffs threat Headline indices of the Hong Kong share market closed sharp higher on Monday, 10 June 2019, as risk sentiments boosted up after better-than-expected China’s trade data for May and news that U. S. President Donald Trump had suspended plans […]
Shanghai: SSE Composite Index (.SSEC) exports grow despite US tariffs, but imports slump most in nearly 3 years Shanghai stocks closed higher on Monday, snapping a six-session losing streak, as worries over trade tensions eased after an agreement between the United States and Mexico to avert a tariff war, and as weak data boosted stimulus […]
FTSE Bursa Malaysia KLCI (.KLSE) gains ground on improved sentiment The FBM KLCI continues to gain ground Monday as market sentiments were boosted by the US-Mexico deal to avert a tariff war and optimism for a rate cut by the US Federal Reserve. At closing, the benchmark index rose 6.14 points, or 0.37% to 1,655.47. […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: From near-certainty on interest-rate cuts to signs of peace in President Trump’s trade war, investors see the makings of an solid upswing in here. For now, many Wall Street traders see good reason to be Bullish as The Trump Tariff reprieve on Mexico boosts global stocks and drove […]
China Literature Limited (“China Literature” or “the Company”) (Stock Code: 0772.HK), a leading online literature platform in China, today announced that its board of directors (the “Board”) has authorized a share buy-back program under which the Company may buy-back up to HK$500 million of its shares over a 6-month period, effective until December 9, 2019. The proposed purchases will be subject […]
Has the Tesla, Inc. (NASDAQ:TSLA) recovery begun? It sure looks like it, if you watched the stock price, hammered down below $US200, bounce back last week. Who knows if shares will rally, but if history is a guide, the stock had fallen too far, too fast. Now the bargain-hunters have moved in, recalling prior comebacks. […]
Alibaba Group Holding Limited (NYSE:BABA) Expanding Product Portfolio Alibaba has introduced several products and enhancements over the past few years. The company has invested in big data and AI technologies. It has expanded itself on a global basis, which is considered to be a key differentiator, thereby giving it a competitive advantage. In a recent […]
NASDAQ Composite (.IXIC) have finally regained control The bulls have finally regained control of this market. But like a tennis match between two top-seeded players, there’s no telling when the back-and-forth is going to end. The good news is, the market just received some bad news — the type that all but assures the Fed […]
Apple Inc. (NASDAQ:AAPL) accused of price-fixing It was not a surprise when Apple was sued last week by app developers who believe there should be more competition in the App Store. That’s because Apple has been accused of price-fixing or monopolistic abuse before, once regarding their control of e-book prices in the iBookStore developed for iPad, and […]
Dow Jones Industrial Average (.DJI) futures point to a higher open Stock futures indicated that the Dow Jones Industrial Average would open higher Monday, after jumping more than 100 points earlier. The futures movement comes in the wake of President Donald Trump’s decision to suspend planned tariffs against Mexico. As of 9:54 p.m. ET Sunday, […]
Twitter, Inc. (NYSE:TWTR) reclaiming its 50-day moving average line Twitter stock rallied over 2%, extending a win streak to four trading sessions. The social media giant is reclaiming its 50-day moving average line, as a 41.02 buy point looms. The entry is the result of a cup with handle that stretches back to June 2018. […]
Should You Still Own Facebook, Inc. (NASDAQ:FB) Stock? On July 25, 2018, Facebook (NASDAQ: FB) stock closed at an all-time high of $217.50, representing a gain of more than 450% from its initial public offering (IPO) price. It seemed at the time like the most solid investment out of the whole social media pack. Other industry […]
$AGRX, $PLAN, $AMAT, $EXC, $GLUU, $HP, $HUBS, $SLB 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 Key issues for Monday follows: Agile Therapeutics Inc. (NASDAQ:AGRX) was started as […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Last week we saw the best market week YTD This is another important week on Wall Street, after last week of released negativity, we will see how much power is left. The pattern suggest a roll over in here, but the Fed could/can/will change that. Expect Fed speakers to […]
$GLD, $XAU, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Off, USD Flat, Crude Oil Up, Stocks Up Notes: Investors are still hoping that President Trump will meet Chinese President Xi on the sideline of G-20 leaders’ meeting late this month to seek compromise on trade and other economic issues. Ahead of the Summit, G-20 […]
China’s exports beat gloomy forecasts to rebound in May though imports sank more than expected as the trade war with the United States heats up, official data showed Monday. The spat between the world’s top two economies escalated last month, with President Donald Trump increasing tariffs on $200 billion in Chinese goods. But Chinese exports […]
$JPM, $GS, BAC, The weak May NFPs report is push the Fed closer to cutting interest rates soon if not sooner. While a reduction when policy makers meets later this month cannot be ruled out, Fed watchers said their base case is for the FOMC to stand pat. But they said the abrupt slowdown in […]
$RACE FLASH: Ferrari (NYSE:RACE) lodges intention to appeal Vettel penalty decision. Ferrari has submitted their intention to appeal against the decision to punish Sebastian Vettel with a 5-second penalty that cost him victory in the Canadian Grand Prix. Mr. Vettel lost the rear end of his Ferrari, when under pressure from rival Lewis Hamilton, on the […]
DRB-HICOM BHD (DRBM:KL) gets lift from Proton Because of the surge in tax bill to RM230.67 million, DRB-Hicom Bhd’s annual net profit came in substantially lower at RM122.87 million for the financial year ended March 31, 2019 (FY19) versus RM91.58 million in the preceding year. However, for the fourth quarter ended March 31, 2019 (4QFY19), […]
$RACE Ferrari’s (NYSE:RACE) Sebastian Vettel missed out on winning the 2019 Canadian F1 Grand Prix after incurring a 5-sec penalty after an incident with Lewis Hamilton on the 48th lap Sunday. So, while Mr. Vettel finished 1st, the race win was given to Mr. Hamilton, who had stayed within 5 secs of Mr. Vettel following the controversial […]
$AMZN, $CMCSA, $DIS, $TWX, $CBS The Secret Life of Pets 2: Universal and Illumination’s animated family film Pets 2 collected $47.1-M on 4,561 screens. The pic received an A- CinemaScore. Pets 2 is the 10th team-up for animation studio Illumination and Universal, with its opening weekend landing in the lower end of those titles. While Pets 2 debuted far below the […]
$RACE The North American leg of Ferrari Challenge Trofeo Pirelli continues this weekend in Montreal Canada, where drivers will once again support the Grand Prix du Canada and the Scuderia. THE TOP STEP IS BEST! Eric Marston in #148 drove a great race! And now he is headed to France for LeMans, stay tuned… He […]
$RACE Ferrari’s (NYSE:RACE) Sebastian Vettel took the Pole position on Saturday for the 2019 Canadian Grand Prix at the Circuit Gilles Villeneuve in Montreal. Mr. Vettel qualified ahead of Lewis Hamilton with a new track record. Mr. Vettel set up a thrilling Sunday For a short while in Q-3, it looked like Mr. Hamilton was going to spoil […]
$RACE Ferrari’s (NYSE:RACE) Charles Charles posted the fastest time in FP1 for the Canadian Grand Prix Friday. Mr. Leclerc lapped the circuit in the day’s best time of 1min 12.177secs, 0.074 ahead of his team mate, 4X world champion Sebastian Vettel. “I still believe Mercedes is very strong and I expect them to be very […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: US stocks rallied for a 4th day running after weak NFPs data added to bets the Fed will cut rates. US Treasury yields and the USD fell. The S&P 500 Index had its best week since November 2018 on speculation the Fed will move to shore up the […]
GEX Management, Inc. (OTC:GXXM) Technical Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.00. The projected lower bound is: -0.00. The projected closing price is: 0.00. Candlesticks During the past 10 bars, there have been 0 white candles and 4 […]
Twitter, Inc. (NYSE:TWTR) ad business troubling sign for investors Twitter (NYSE: TWTR ) ran an experiment last month, showing some users more ads than they would typically see. People did not like the change. Users seeing more ads than normal reported the quality of the advertisements in their feed was well below average, even scammy, […]
Ironclad Encryption Corporation (OTC:IRNC) Technical Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 0.04. The projected upper bound is: 0.03. The projected lower bound is: -0.01. The projected closing price is: 0.01. Candlesticks A black […]
$AAPL, $BPMP, $CGC, $CDW, $CTXS, $DELL, $DHI, $FLEX 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 Key issues for Friday follows: Apple Inc. (NASDAQ:AAPL) was started as Outperform […]
NaturalShrimp Incorporated (OTC:SHMP) Technical Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 0.17. The projected upper bound is: 0.16. The projected lower bound is: 0.07. The projected closing price is: 0.11. Candlesticks A black body […]
Facebook, Inc. (NASDAQ:FB) target of US antitrust regulators Bigger is better, right? Well, not always. For Facebook (FB), Amazon (AMZN) and Google (GOOG), being large and dominant is actually providing for major headache. The three tech giants are targets of US antitrust regulators, as it is being reported that the FCC and DOJ are looking […]
Tianci International, Inc. (OTC:CIIT) Technical Outlook Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 3.84. The projected lower bound is: 2.32. The projected closing price is: 3.08. Candlesticks A white body occurred (because prices closed higher than they opened). During the […]
Tautachrome, Inc. (OTC:TTCM) Technical Outlook Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 0.01. The projected lower bound is: 0.00. The projected closing price is: 0.01. Candlesticks A black body occurred (because prices closed lower than they opened). During the past […]
Evercore ISI initiating Apple Inc. (NASDAQ:AAPL) as ‘outperform’ Evercore said that despite the various issues swirling around the company, it expects the stock to “grind higher.” “We are initiating on AAPL w/ an Outperform rating as we see several catalysts that should enable the stock to grind higher from current levels. While we understand iPhone units (and […]
Tesla, Inc. (NASDAQ:TSLA) company is pushing hard to reach high delivery goals Tesla finished its second best day of the week on the stock market Thursday after a report that it is reaching record sales numbers. The stock closed up 4.8%, adding more than $1.6 billion to its market cap, which now sits at $36.4 […]
Alphabet Inc. (NASDAQ:GOOG) made its first big cloud computing acquisition Alphabet‘s (GOOGL) Google made its first big cloud computing acquisition under new boss Thomas Kurian by purchasing data analytics firm Looker for $2.6 billion in cash, the company said Thursday. Google stock edged down on the news. The internet search and advertising giant and Santa […]
Federal National Mortgage Association (OTC:FNMA) Technical Outlook Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 2.64. The projected upper bound is: 3.45. The projected lower bound is: 2.89. The projected closing price is: 3.17. Candlesticks A […]
Strained U.S.-China relations expose how truly vulnerable Alibaba Group Holding Limited (NYSE:BABA) stock is It’s amazing the difference a month’s time can make. In early May, headlines shouted that insiders believed a trade deal between the U.S. and China was imminent. Today, leaders from the two nations have ratcheted up their angry rhetoric. This of […]
YBCC, Inc. (OTC:YBAO) Technical Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.39. The projected lower bound is: 0.01. The projected closing price is: 0.20. Candlesticks WARNING: These prices only contain closing prices. Thus, the candlestick analysis in this expert […]
LifeApps Brands Inc. (OTC:LFAP) Technical Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 0.10. The projected upper bound is: 0.13. The projected lower bound is: 0.06. The projected closing price is: 0.10. Candlesticks A black […]
NASDAQ Composite (.IXIC) expectations of a supportive central bank kept in check worries of a flare up in trade tensions after President Donald Trump’s fresh China tariffs threat Wall Street’s main indexes edged higher in choppy trading on Thursday, as expectations of a supportive central bank kept in check worries of a flare up in […]
Dow Jones Industrial Average (.DJI) investors speculated that the U.S. and Mexico are getting closer to a resolution over immigration issues Stocks rose on Thursday as investors speculated that the U.S. and Mexico are getting closer to a resolution over immigration issues that would delay the tariffs threatened by President Donald Trump. The Dow Jones […]
Vystar Corporation (OTC:VYST) Technical Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.05. The projected lower bound is: 0.03. The projected closing price is: 0.04. Candlesticks A big white candle occurred. This is generally considered bullish, as prices closed significantly […]
$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Eased, USD Flat, Crude Oil Steady, Stocks Flat Notes: Crude Oil in still Bear Market territory. Bank of America Merrill Lynch said this week “global oil demand growth is running at the weakest rate since 2012” at below 1-M BPD, and that this was “leading the selloff” […]
$RACE The Big Q: Is Ferrari ready for a Pit Stop? The Big A: Recently, Seeking Alpha contributor Taylor Dart argued that Ferrari (RACE) was “due for a pit stop.” Although Mr. Dart saw the possibility of Ferrari making new highs over the next 12 to 18 months, he wrote that the stock was “priced […]
$RACE FLASH: Sebastian Vettel says Ferrari have a few tricks up their sleeves for this weekend’s Canadian Grand Prix and will need to bring up something special to end MercedesAMG’s strong run. The Sun was out in Montreal Thursday, as the Canadian Grand Prix weekend at the Gilles Villenueve circuit got underway. For this the […]
Australia: S&P/ASX 200 (.AXJO) modest gains across the board pushing the market higher Australian shares advanced on Thursday, with modest gains across the board pushing the market higher for a third straight session. The S&P/ASX 200 Index added 24.5 points, or 0.4 per cent, to end the session at 6383, while the broader All Ordinaries […]
FTSE Bursa Malaysia KLCI (.KLSE) opens lower on global trade concerns Bursa Malaysia was easier in early trade, reversing yesterday’s gains due to weak sentiment brought on by concerns over global trade growth and as tensions between economic powerhouses, the United States and China continues to escalate. At 9.40am, the key FBM KLCI eased 3.08 […]
Hong Kong: HANG SENG INDEX (.HSI) investors hoping for a compromise in tariff talks between the United States and Mexico Hong Kong shares finished higher on Thursday after a cautiously positive session, with investors hoping for a compromise in tariff talks between the United States and Mexico. The Hang Seng Index rose 0.26 per cent, […]
Singapore: STI Index (.STI) lacklustre trade as persistent concerns about global economic activity Most Southeast Asian markets were flat on Thursday in lacklustre trade as persistent concerns about global economic activity and escalating trade wars weigh on investor sentiment. Investors were cautious after the International Monetary Fund on Wednesday warned that the Sino-U.S. tariffs could […]
Shanghai: SSE Composite Index (.SSEC) worries persist over the country’s economic momentum China’s major stock indexes fell on Thursday to close at near four-month lows, as worries persisted over the country’s economic momentum amid a bruising trade war with the United States which shows no signs of easing. The blue-chip CSI300 index fell 0.9% to 3,564.68, […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX US household wealth marked a record in Q-1 as the stock market rallied, supporting consumers after Fed interest-rate hikes and trade dispute shocked investors late last year. Net worth for households and non-profit groups increased by $4.69-T, or 4.5%, to $108.6-T after a 3.7% drop in the prior frame, Federal […]
$LVS Las Vegas Sands (NYSE:LVS) today announced a bold expansion plan for Marina Bay Sandsin Singapore which will see the world’s most successful and recognizable integrated resort add significant new tourism offerings to the property. The company has entered into a development agreement with the Singapore government and said it will quickly begin work on the new project. Located immediately […]
$LNT, $CHDN, $ES, $ERI, $FISV, $ROKU, $CRM 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 Key issues for Thursday follows: Alliant Energy Corp. (NYSE:LNT) saw a Buy rating […]
Apple Inc. (NASDAQ:AAPL) Outpaces Stock Market Gains Apple (AAPL) closed at $182.54 in the latest trading session, marking a +1.61% move from the prior day. The stock outpaced the S&P 500’s daily gain of 0.82%. At the same time, the Dow added 0.82%, and the tech-heavy Nasdaq gained 0.64%. Prior to today’s trading, shares of […]
Alphabet Inc. (NASDAQ:GOOG) will have an AWS moment like Amazon did While June has not been kind to Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) stock so far, time will attest that it’s a gem in disguise. Every now and then, we get a stock that is a sure thing, and Google stock fits the bill. This is a company that […]
Amazon.com, Inc. (NASDAQ:AMZN) may soon come under the scrutiny of federal regulators An Amazon executive said Wednesday that the online shopping giant isn’t too big and shouldn’t be broken up, but added that large companies deserve to be examined. Amazon and other big tech companies are facing scrutiny from government agencies that are looking into […]
Facebook, Inc. (NASDAQ:FB) promising technical opportunity arising Shares of Facebook (NASDAQ: FB ) have nosedived in recent weeks, but with the most recent price action in FB stock, there is a promising technical opportunity arising. Specifically, the price section around the $160 mark could indeed lead to a tradeable bounce for active investors and traders. In order to fully […]
NASDAQ Composite (.IXIC) rising hopes of Fed rate cut Stocks closed solidly higher Wednesday, after volatile morning trade that saw benchmarks flipping between gains and losses, as investors digested a round of conflicting economic data that showed strength in the U.S. services sector but signaled a potential weakening of the labor market. Erratic morning trade […]
Tesla, Inc. (NASDAQ:TSLA) sold nearly 3 times as many cars as rivals Tesla Inc. likely sold nearly three times as many electric vehicles in May than its main competitors combined did. That’s from analysts at Morgan Stanley, led by Adam Jonas, who used industry estimates as Tesla TSLA, +1.54% does not report monthly sales. The […]
Dow Jones Industrial Average (.DJI) investors grew even more confident that the Federal Reserve will lower interest rates Stocks added to strong week-to-date performance on Wednesday as investors grew even more confident that the Federal Reserve will lower interest rates this year to reignite an economy wounded by trade battles. The Dow Jones Industrial Average […]
Alibaba Group Holding Limited (NYSE:BABA) cloud computing arm is leaving no stone unturned to bolster presence Alibaba’s BABA cloud computing arm is leaving no stone unturned to bolster presence in the cloud market on the back of robust product portfolio. Recently, the company rolled out a set of more than 10 products based on emerging […]
$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Flat, Crude Oil Off, Stocks Flat Notes: Crude Oil in Bear Market territory. Bank of America Merrill Lynch said this week “global oil demand growth is running at the weakest rate since 2012” at below 1-M BPD, and that this was “leading the selloff” in […]
$DIS, $RACE, $F Sunday night, during game 2 of the NBA finals, if you were watching you likely saw the Official Trailer for James Mangold’s Ford v Ferrari. The film is a Man Star-powered, filmmaker-driven old-school movie for adults. It is an A-level film. But, in today AI, internet and brand-driven market it the kind of […]
Chinese drugmakers lead losses on Hong Kong: HANG SENG INDEX (.HSI) amid policy worries Hong Kong shares rose for the first time in six days on Wednesday after the U.S. Federal Reserve indicated the possibility of monetary easing to help weather economic headwinds. The Hang Seng Index climbed 0.5% to 26,895.44 after falling 2.3% over […]
Shanghai: SSE Composite Index (.SSEC) Beijing’s plans to conduct accounting checks pulled healthcare firms lower China’s main stock market indexes ended flat on Wednesday as Beijing’s plans to conduct accounting checks pulled healthcare firms lower, offsetting a regional rebound sparked by the U.S. central bank’s comments that raised hopes of an interest rate cut. At […]
Australia: S&P/ASX 200 (.AXJO) a little bit of improvement The Australian share market rallied early in the day following strong gains on Wall Street, but then faded throughout the day. The benchmark S&P/ASX200 index still managed to close higher, up 26.1 points, or 0.41 per cent, to 6,358.5 points at 1615 AEST on Wednesday, while […]
UK FTSE 100 (.FTSE) rallies into key resistance to negate downtrend The FTSE 100 has managed to rally into the key 7237 resistance level this week, breaking out from the trend of lower highs that have been in place throughout the past fortnight. That move points towards a heightened possibility that we could have further upside to […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Wall Street saw follow-through buying on hopes for a Fed rate cut on slowing growth Wednesday, the Fed reported that its contacts at companies across the country were worried that international trade tensions could weigh on business even as economic activity picked up. It noted in it Beige […]
$BABA, $GOOGL, $AAPL, $LYFT, $TTWO, $TME, $TWTR, $UBER 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 Key issues for Wednesday follows: Alibaba Group Holding Ltd. (NYSE:BABA) was started […]
NASDAQ Composite (.IXIC) tech-heavy index’s biggest one-day gain in five months The Nasdaq Composite COMP, +2.65% surged 2.4% in afternoon trade, with the tech-heavy index’s biggest one-day gain in five months producing panic-like buying activity. The Nasdaq exchange’s Arms Index is a volume-weighted breadth measure that tends to fall below 1.000 when the stock market […]
Facebook, Inc. (NASDAQ:FB) investors voted overwhelmingly in support of proposals to fire Mark Zuckerberg as chairman and scrap the firm’s share structure The Facebook shareholder revolt just got bloody. In a filing on Monday, Facebook revealed how investors voted on a raft of proposals at its annual shareholder meeting last week–and the results underline the […]
Dow Jones Industrial Average (.DJI) stocks rallied overnight in response to the Fed chairman’s comments The Fed was “closely monitoring the implications” of a global trade dispute that has disrupted bond and equity markets and posed risks to global economic growth, Mr Powell said. “As always, we will act as appropriate to sustain the expansion, […]
Alphabet Inc. (NASDAQ:GOOG) stock down amid concerns that the Justice Department may launch an investigation into potential antitrust violations Shares of Google parent Alphabet Inc. tumbled Monday, enough to push them briefly into bear market territory, before bouncing back out just before the close. The stock was down as much as 7.2% at an intraday […]