Shares in Hong Kong’s flagship carrier Cathay Pacific plunged more than four percent on Monday, after Beijing banned airline staff supporting Hong Kong protesters from flights going through the mainland. Cathay shares lost 4.37 percent to HK$9.85 by the break in Hong Kong, with the carrier’s parent company Swire Pacific Ltd. plunging 5.26 percent to […]
Saudi state-owned energy giant Aramco said Monday its first half net income for 2019 had slipped to $46.9 billion, a first such disclosure for the secretive company ahead of its debut earnings call. “The company’s net income was $46.9 billion for the first half (of) 2019, compared to $53.0 billion for the same period last […]
Luxury fashion brands Versace and Coach have apologised for making perceived affronts to China’s national sovereignty on T-shirts, mistakes that cost them their high-profile Chinese brand ambassadors. Italy’s Dolce & Gabbana also apologised in November after its products were pulled from lucrative Chinese e-commerce platforms over an Instagram post seen by very few in China […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Off, Crude Oil Off, Stocks Up Headlines Asian shares higher on China recovery, RM Yuan fixing Crude Oil off as demand outlook, trade dispute weigh Gold hanging near $1,500/oz on trade, recession concerns The .DXY, which tracks the Buck, Vs a basket of 6 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Stocks overreacted to the FOMC’s rate decision in the minds of investors, WH advisor calling for an emergency meeting of the committee to cut rates further. President Trump plays the tariff card to pressure Fed Chairman Powell, . The market has become susceptible to every China headline, nothing new. […]
$RACE With its Q-2 Y 2019 release, Ferrari (NYSE:RACE) delivered another strong Quarter of financial results. The company met Quarterly expectations and confirmed its financial guidance for the year. The strong results were overshadowed by the discussion of Ferrari’s 2 new models on the call, including the company’s 1st hybrid Supercar. Ferrari’s Q-2 Y 2019 numbers: […]
$CMCSA, $CBS, $LGF, $VIA, $DIS, $SNE Fast & Furious spinoff Hobbs & Shaw stayed atop the box office chart for the 2nd weekend running, revving 5 new films to gross $25.4-M and cross the $100-M mark domestically. Overseas, Universal’s big-budget action pic took in another $60.8-M for a worldwide take of $332.6-M. The franchise winner has always done […]
Shanghai: SSE Composite Index (.SSEC) renewed concern the ongoing trade war will disrupt business operations China and Hong Kong stocks ended the week on a softer note on Friday, with the mainland’s benchmark capping the worst five straight days of trade in three months, as ZTE and other telecom equipment makers retreated on renewed concern […]
Australia: S&P/ASX 200 (ASX:.AXJO) renewed worries about the trade conflict between the US and China is set to put investors in a defensive mood ASX futures were down 22 points or 0.3% to 6499. The local currency slipped 0.2 per cent. On Wall Street, the Dow dipped 0.3 per cent, the S&P 500 slid 0.7 […]
Hong Kong: Hang Seng Index (.HSI) Shares Mixed The major Asia Pacific stock indexes are trading mixed on Friday with China and Hong Kong posting losses. Market conditions are much calmer than earlier in the week, which suggests money managers may have priced in most of the negative events with hedges in safe-haven assets like […]
DAX PERFORMANCE-INDEX (.GDAXI) awaits GDP and CPI data respectively While trade wars and monetary policy duke it out for the top spot on the radar of traders, Germany will look to provide insight on another major theme – economic growth. While all three themes are directly related, global growth concerns have receded from the headlines […]
$RACE Ferrari (NYSE;RACE) CEO Louis Camilleri has confirmed that the luxury Supercar maker will unveil 3 new models yet this year as part of its business plan targeting revenues of around $5.6-B by Y 2022. CEO Camilleri did not give any hints about the new models, 2 of which will be unveiled at an event […]
Empty hotel rooms, struggling shops and even disruption at Disneyland: months of protests in Hong Kong have taken a major toll on the city’s economy, with no end in sight. City leader Carrie Lam has warned that the international financial hub is facing an economic crisis worse than either the 2003 SARS outbreak that paralysed […]
$XAU, $GLD, $GDX, $GOLD, $NEM, $RGLD After a big letdown from the Fed, it looked like the recent gold price surge would pause to refresh. Then President Trump took to Twitter the next day and escalated the China trade dispute. The price of gold did not just reverse Fed-induced losses but surged 6% over the […]
Facebook’s plan to hook ad-cash-deprived mainstream outlets on licensing payouts seems to be an attempt to hijack narrative control en route to total domination of the infosphere – the ultimate safe space, Zuckerberg-style. More than two thirds of American adults get their news from social media at the same time that more than half expect […]
Apple lost more ground in the shrinking smartphone market last quarter, with a sales tracker saying the tech giant was pushed off the top-three seller list by a Chinese rival. Apple fell to fourth place in global smartphone sales, shipping 35.3 million iPhones in the second quarter compared to the 36.2 million units shipped by […]
China’s aviation regulator on Friday demanded that Cathay Pacific prevent airline staff who have shown support for pro-democracy protests in Hong Kong from working on flights to the mainland or routed through Chinese airspace. The regulator also ordered the city’s flag carrier to handover identity information of staff on mainland-bound flights starting Sunday — declaring […]
China’s economy already is slowing amid the trade conflict with the United States, but if Washington were to ramp up tariffs even further it could cut Chinese growth sharply, the IMF warned Friday. The International Monetary Fund already had trimmed its growth forecast for China to 6.2 percent this year, assuming no new tariffs are […]
$RACE Sebastian Vettel believes his Ferrari F1 team is “quite far” from its ambition of being able to control races given its performance is so track dependent this season. Ferrari (NYSE:RACE) has shown enough pace to be in contention at several races this season but goes into the summer break without a victory in 12 […]
$GLD, $XAU, $USD Gold’s rally since December 2018 is just getting started if hedge funds have their way. Prices are already at the highest in more than 6 years, and Goldman Sachs and Citigroup predict the precious Yellow metal could climb more than 6% to $1,600 oz by year’s end. Money managers are going all […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The US stock market wrapped up a volatile week on a lower note, with the S&P 500 down 0.7% Friday. Every time in the past year that President Trump weighed in on the trade dispute the market reacted negatively then responded positively, and the rally extended, I do not expect […]
$AAPL, $CIEN, $CSCO, $DG, $HTZ, $ROKU 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 stocks analysts have singled out to look at carefully Friday, as follows: Apple Inc. (NASDAQ:AAPL) was started as Equal Weight […]
Apple Inc. (NASDAQ:AAPL) Ex-Dividend Date Scheduled for August 09 Apple Inc. ( AAPL ) will begin trading ex-dividend on August 09, 2019. A cash dividend payment of $0.77 per share is scheduled to be paid on August 15, 2019. Shareholders who purchased AAPL prior to the ex-dividend date are eligible for the cash dividend payment. […]
Innocap, Inc. (OTC:INNO) Technical Analysis 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 0.00. The projected upper bound is: 0.01. The projected lower bound is: 0.01. The projected closing price is: 0.01. Candlesticks A big […]
Galenfeha, Inc. (OTC:GLFH) Technical Analysis Outlook Overall, the bias in prices is: Upwards. The projected upper bound is: 0.06. The projected lower bound is: 0.02. The projected closing price is: 0.04. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 7 white candles and […]
NASDAQ Composite (.IXIC) closes above 8000 Thursday’s session closes with the NASDAQ Composite Index up above 8000 points. The index first reached the 8000 mark on Aug 27, 2018. The total shares traded for the NASDAQ was over 2.49 billion. Advancers stocks led declining by 2.68 to 1 ratio. There were 2319 advancers and 865 […]
Tesla, Inc. (NASDAQ:TSLA) Subpoenas May Presage Formal Probe Freshly disclosed records suggest the National Highway Traffic Safety Administration may be preparing a formal investigation into Tesla Inc.’s driver-assistance system Autopilot, a former agency official said. The agency has issued at least five subpoenas since April 2018 for information about Tesla vehicle crashes, according to NHTSA […]
Dow Jones Industrial Average (.DJI) staging a strong comeback Stocks rose on Thursday, erasing most of the steep losses from earlier in the week, as global bond yields rebounded while investors digested better-than-expected trade data out of China. The Dow Jones Industrial Average closed 371.12 points higher, or 1.4% to 26,378.19. The S&P 500 advanced 1.9% to 2,938.09 while […]
Amazon.com, Inc. (NASDAQ:AMZN) Primed for a Bounce Trade Shares of online retailing giant Amazon(NASDAQ: AMZN ) haven’t been immune to the recent stock market volatility. In fact, AMZN stock fell about 14% in recent weeks. However, in the immediate term, the stock looks increasingly oversold and it’s a bounce candidate that active traders should consider closely. Before we […]
Cell MedX Corp. (OTC:CMXC) Technical Analysis Outlook Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 0.36. The projected lower bound is: 0.17. The projected closing price is: 0.26. Candlesticks A big white candle occurred. This is generally considered bullish, as prices […]
Bion Environmental Technologies, Inc. (OTC:BNET) Technical Analysis Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.70. The projected lower bound is: 0.40. The projected closing price is: 0.55. Candlesticks A white body occurred (because prices closed higher than they opened). […]
Facebook, Inc. (NASDAQ:FB) Strong Growth Continues Facebook (FB) on July 24 reported financial results for its second quarter of fiscal 2019. For the period, revenues increased 28% (and 32% in constant currency) to $16.9 billion. That was a sequential improvement from the first quarter and much better than the mid-single digit percentage decline that management […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Flat, Crude Oil Up, Stocks Up Headlines Crude Oil edges up on expectations of more OPEC output cuts Gains for Asian shares capped by trade issues, China stocks fall .DXY flat to little changed Vs its 6 peers Gold sees best week in over 3 […]
$RACE, The Ferrari 812 Superfast lives up to its name and all of the talk about it. The Supercar is a mix of raw power and technology that keeps it on the road and it looks good both inside and out. Like most supercars, the infotainment system is lacking and it cost a lot of […]
$FWONK, $RACE The Middle East already hosts 2 F1 races, at Sakhir in Bahrain and Abu Dhabi’s Yas Marina Saudi Arabia and Formula One (NASDAQ:FWONK) are discussing the possibility of holding a race in the country, and team bosses have been asked for an opinion. It has been reported that F1 and the 10 teams […]
FTSE Bursa Malaysia KLCI (.KLSE) ends broadly higher, CI up 0.71pc Bursa Malaysia ended broadly higher in line with regional peers and amid an announcement of better-than-expected Chinese trade data for July. At close, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 0.71 per cent or 11.32 points to end at 1,616.02 from yesterday’s […]
DAX PERFORMANCE-INDEX (.GDAXI) attempting to push higher after recent losses The DAX has managed to push through the 11,751 resistance level overnight, helping point towards a continuation of the gains seen since Tuesday’s lows. Once again, the severity of the prior sell-off does point towards a high likeliness of a decent rebound over the latter part of the week. With the price […]
UK FTSE 100 (.FTSE) higher as trader optimism appeared to bounce back FTSE 100 joined other global indices and headed higher on Thursday as trader optimism appeared to bounce back. The UK index of leading shares closed 87.20 points higher at 7,285. Elsewhere, the mid-cap FTSE 250 added over 196 points to stand at 19,137. […]
$DIA, $SPY, $QQQ, $RUTX, $USD, $VXX The US stock market finished solidly in the Green Thursday, as trade anxiety subsided and investors embraced a risk-on mindset. The S&P 500 advanced 1.9%, which extended its 2-day bounce to 112 pts, or 4.0%, from its session low Wednesday. Thursday, President Trump again expressed dissatisfaction with USD’s strength, […]
Shanghai: SSE Composite Index (.SSEC) showing no significant reaction after China’s central bank set the yuan’s midpoint at its weakest level since 2008 Asian markets rose in early trading Thursday, showing no significant reaction after China’s central bank set the yuan’s midpoint at its weakest level since 2008. The People’s Bank of China early Thursday […]
Australia: S&P/ASX 200 (ASX:.AXJO) share market has risen for a second day as US-China trade tensions eased and Chinese trade data beat expectations The Australian share market has risen for a second day as US-China trade tensions eased and Chinese trade data beat expectations. The benchmark S&P/ASX200 index was up 48.6 points, or 0.75 per […]
Hong Kong: Hang Seng Index (.HSI) investors convinced now that the Sino-U.S. trade war will drag on and, if anything, intensify Many Chinese investors are piling into products that provide a hedge against a stock market collapse, convinced now that the Sino-U.S. trade war will drag on and, if anything, intensify. The dramatic shattering of […]
Singapore: STI Index (.STI) fall bucking the positive trend in key global markets including the US Singapore stocks opened weaker on Thursday (Aug 8), bucking the positive trend in key global markets including the US. The Straits Times Index fell 0.68 per cent or 21.52 points to 3,163.17 points as at 9.03am. Losers outnumbered gainers […]
$SAM, $ARNC, $DNKN, $DD, $MRK, $MOS, $NI, $NEWR 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 stocks analysts have singled out to look at carefully Thursday, as follows: Boston Beer Co. Inc. (NYSE:SAM) was […]
Amazon.com, Inc. (NASDAQ:AMZN) Stock By the Numbers Earnings were a miss on EPS but a beat on revenues . AWS came in below expectations but is still grew at 37% year-over-year. I look for that trend to continue. Several analysts came out in defense of the stock recently. Mike Binger of Gradient Investments thinks investors should use any weakness […]
NASDAQ Composite (.IXIC) rising trade tensions led to concerns that a global economic slowdown U.S. stock index futures moved lower ahead of trading on Wednesday after rising trade tensions led to concerns that a global economic slowdown was likely. The immediate trigger for such fears was the People’s Bank of China’s decision to set the […]
The Reason for the Risin’ in Advanced Micro Devices, Inc. (NASDAQ:AMD) Share Price So, why did AMD stock price jump after tanking for several consecutive days? It’s all basically a relief rally: Lisa Su, the CEO of Advanced Micro Devices Inc., denied reports that she plans to leave the company and join IBM (NYSE:IBM). Evidently, technology news website WCCFTech had published […]
Cisco Systems, Inc. (NASDAQ:CSCO) looking to display strength as it nears its next earnings release, expected to be August 14 Cisco Systems (CSCO) closed at $52.34 in the latest trading session, marking a -0.49% move from the prior day. This move lagged the S&P 500’s daily gain of 0.08%. Meanwhile, the Dow lost 0.09%, and […]
American Airlines Group (NASDAQ:AAL) Increases International Presence, Makes First Entrance into Africa American Airlines has the cure for the end-of-summer blues: new routes for next summer. Today, American unveiled its summer 2020 international schedule, which includes the following new service: Philadelphia (PHL) to Casablanca, Morocco (CMN) begins June 4 Dallas-Fort Worth (DFW) to Tel Aviv, […]
Dow Jones Industrial Average (.DJI) mustered modest gains following a dramatic turnabout U.S. stocks on Wednesday mustered modest gains following a dramatic turnabout, with all three key equity benchmarks recovering from losses of at least 1% which were partly driven by signs that global economic growth was slowing as the U.S. – China trade war […]
NHTSA sent Tesla, Inc. (NASDAQ:TSLA) a cease-and-desist letter over “misleading statements” about the Model 3′s safety rating The U.S. National Highway Traffic Safety Administration (NHTSA) sent Tesla a letter regarding claims the company made on the safety of its Model 3 sedan. NHTSA Chief Counsel Jonathan Morrison sent Tesla CEO Elon Musk a cease-and-desist letter in October last year […]
Why Apple is investing in Apple Inc. (NASDAQ:AAPL) In the June quarter, Apple suffered through a sales slump, particularly in China, that resulted in a 13 percent drop from last year’s peak revenues and an 8.5% drop in profits. But that compares to the much larger collapse in Samsung Mobile performance—an incredible 41.6% collapse in operating profits—which […]
Alphabet Inc. (NASDAQ:GOOG) advertising business will drive GOOGL stock price It might seem like there’s a lot to the Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) stock price. After all, Alphabet has a hardware business, including its Pixel phone, Google Home, and Nest. It has a venture capital arm: Google Ventures. There’s also their self-driving startup Waymo. Alphabet has a cloud business, too. […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Off, Crude Oil Bounces, Stocks Rally Chicago Fed President Charles Evans signaled Wednesday he was open to lower rates to bolster inflation and counter risks to economic growth from trade tensions. Futures moved to price in a 100% probability of a Fed easing in September […]
$SPY, $SPX Hedge-fund billionaire Ray Dalio advised savvy investors to bet on “both horses in the race” amid rising trade tensions between the US and China. He argued that investors still have a historic opportunity to buy into China as it opens up its markets to foreign investments. “Would you have not wanted to invest with […]
$LMT The Ballistic Missile Defense System (BMDS) operates collectively and continuously, through a multi-domain system that connects traditionally autonomous sensors, satellites and weapon systems. Through a $320 million contract, Lockheed Martin (NYSE:LMT) will continue to evolve this multi-domain system, the Command, Control, Battle Management and Communications (C2BMC) system. Fielded and operational since 2004, C2BMC gives commanders at […]
$RACE Ferrari (NYSE:RACE) cars are not easy to buy, command a high price and there is a waiting list. Ferrari needs no introduction, its brand perhaps the most recognizable in the world, it is synonymous with professional motor-sports racing and an upscale lifestyle. Ferrari defines its own category of luxury sports cars and does not compete […]
$DIA, $SPY, $QQQ, $RUTX, $VXX President Trump said Wednesday the Fed must cut rates “bigger and faster” for the United States to be competitive against other countries. “Our problem is a Federal Reserve that is too proud to admit their mistake of acting too fast and tightening too much (and that I was right!). They […]
Copart, Inc. (NASDAQ: CPRT), a global online vehicle auction company announced It’s expansion. The Memphis, Tennessee location will Copart added 35 acres to the existing 46-acre facility. To meet the needs of its buyers and sellers. This 81-acre location hosts vehicle auctions every Thursday at 12 p.m. CT. “Adding operational space to our Memphis location has provided us with further capacity to serve Tennessee.” Said Jay […]
Australia: S&P/ASX 200 (ASX:.AXJO) steadies to recover losses after a massive sell-off Australian shares are set to open higher as markets steadied to recover losses after a massive sell-off. SPI futures were up 11 points to 6401 at 3.42am AEST. By 5.50am they were up 48 points, or 0.8 per cent, to 6438. The Australian […]
Singapore: STI Index (.STI) stocks take a beating as escalating Sino-US trade tension rattles investors Singapore shares began trading on Wednesday morning (Aug 7) in positive territory, recovering from the previous day’s losses after US stocks bounced back overnight as the yuan steadied. The Straits Times Index rose 0.11 per cent or 3.59 points to […]
FTSE Bursa Malaysia KLCI (.KLSE) slumps led by Genting stocks as trade war concerns linger The FBM KLCI closed 7.09 points or 0.44% lower today dragged mainly by Genting Malaysia Bhd and Genting Bhd’s substantial share price drop and as investors took profit against lingering US-China trade war concerns. At 5pm, the KLCI closed at […]
DAX PERFORMANCE-INDEX (.GDAXI) rebound likely to resume The DAX has similarly drifted lower overnight, following on from a sharp rebound yesterday. The minimal size of that rate cut means we are likely to see further upside come into play before long. We are starting to see that bullish picture reemerge with prices rising into the 11,667. A […]
Hong Kong: Hang Seng Index (.HSI) investors remained tense over the escalating US-China trade war Hong Kong shares closed modestly higher today, ending a week-long losing streak after spending much of the day in the red as investors remained tense over the escalating US-China trade war. The Hang Seng Index edged up 0.08 per cent, […]
UK FTSE 100 (.FTSE) still plenty of investor unease over the state of the global economy FTSE 100 closed higher on Wednesday, reversing yesterday’s loss, but there was still plenty of investor unease over the state of the global economy. Britain’s blue-chip benchmark closed up around 23 points on the day at 7,195. Yesterday, it […]
Shanghai: SSE Composite Index (.SSEC) stocks fall before MSCI’s announcement on weighting increases for Chinese stocks and release of July trade data China’s stocks fell on Wednesday, with the benchmark gauge capping its longest run of declines in the past two months, as the US-China trade tension weighs on the growth outlook. The Shanghai Composite […]
Hong Kong’s flagship airline Cathay Pacific warned Wednesday that increasingly violent protests in the financial hub had hit booking demand. Announcing interim results that showed the airline in the black after huge losses in the first half of last year, chairman John Slosar warned of further impact to the business in response to both the […]
Industrial production in European powerhouse Germany fell back in June, official data showed Wednesday, adding to a picture of a eurozone suffering from trade wars and global uncertainty. Output at producer firms shed 1.5 percent in June from the previous month, federal statistics authority Destatis said in figures adjusted for seasonal and calendar effects, after […]
Longstanding warnings from economists of global spillover from the US-China trade war appear to be materialising, with a trio of central banks springing surprise rate cuts on Wednesday. The monetary policy moves in India, New Zealand and Thailand came as industrial production in European powerhouse Germany fell back in June, adding to uncertainty in the […]
$CI, $FEYE, $KLAC, $LHX, $NOC, $TMUS, $WMB 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 stocks analysts have singled out to look at carefully Wednesday, as follows: Cigna Corp. (NYSE:CI) was raised to Outperform […]
Facebook, Inc. (NASDAQ:FB) stock will bounce back from this recent sell-off, but things may get worse before they get better Shares of global internet giant Facebook (NASDAQ:FB) are tumbling into early August as broader financial markets are being pressured by escalating trade war and interest rate headwinds. Specifically, all the market has cared about in […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) potential buying opportunity Advanced Micro Devices, once the king of the land, has been laid low after earnings. The recent trade war drama hasn’t helped either. Semiconductors have been disproportionately beaten. Yesterday’s 4.9% slide extended AMD stock’s peak-to-trough drawdown to 20.7%. Given the plethora of potential support zones looming beneath, […]
Apple Inc. (NASDAQ:AAPL) investors are concerned that tariffs would cause the company to raise the prices of the iPhone As the trade war escalates, Apple Inc. (AAPL) shares are selling off at an alarming rate. The tech giant, which relies on China for almost 20% of its sales, plummeted by over 5% on August 5. […]
Alibaba Group Holding Limited (NYSE:BABA) stock will likely go lower before eventually rebounding Alibaba Group (NYSE:BABA) is an incredibly well-run company with a huge total addressable market and a long runway for growth. So why then is Alibaba stock under a seemingly constant barrage of selling pressure? Simply put, the trade wars. Valuing BABA Stock Alibaba […]
Activision Blizzard, Inc. (NASDAQ:ATVI) is set to report second-quarter 2019 results on Aug 8 Notably, the company’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, the average positive surprise being 24.6%. In the first quarter, Activision reported non-GAAP earnings of 78 cents per share that remained flat year over year. […]
Dow Jones Industrial Average (.DJI) staged a solid rebound after suffering its worst loss of the year The stock market today staged a solid rebound after suffering its worst loss of the year on Monday. Apple, Microsoft and Disney boosted the Dow Jones industrials. The Nasdaq composite rallied 1.4%, the S&P 500 rose 1.3% and the Dow […]
Tesla, Inc. (NASDAQ:TSLA) is bringing back free Supercharging on its high-end Model S and Model X Tesla announced Saturday it is bringing back free Supercharging on its high-end Model S and Model X. We’ve heard that before. What makes this time different is that the company isn’t just offering the incentive on a few cars […]
Twitter, Inc. (NYSE:TWTR) stock is cheaply valued Twitter (TWTR) makes for a strong investment case. Typically, I recommend investors not to get too involved with the narrative the company puts out, but instead to zealously focus on its free cash flow potential. Having said that, Twitter has enough of the two to make for a […]
Alphabet shares were unmoved by President Donald Trump’s latest attack the Alphabet Inc. (NASDAQ:GOOG) parent Tuesday after his accused the company of “very illegal” activity during the 2016 Presidential election Alphabet shares were unmoved by President Donald Trump’s latest attack the Google parent Tuesday after his accused the company of “very illegal” activity during the […]
NASDAQ Composite (.IXIC) set to snap six-day losing streak U.S. stocks rose on Tuesday as China stepped in to stabilize the yuan, soothing concerns that currencies would be the latest weapon in the long-drawn trade war, a day after Wall Street suffered their sharpest one-day percentage drops of the year. China’s overnight intervention came after […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Off, Crude Oil Steady, Stocks Higher Headlines US-China trade dispute remains in focus Crude Oil prices steady Spot gold may test psyche resistance at $1,500 oz Calm returns to stock markets as RMB Yuan steadies Gold: Gold prices +1% Wednesday as investors to seek refuge […]
$RACE Ferrari’s (NYSE:RACE) lead driver, Sebastian Vettel will have gone a year without a win by the time F1 arrives at Spa in Belgium at the end of this month. Mr. Vettel is a 4X world champion, last won at Spa-Francorchamps on 26 August last year, this year’s race there is on 1 September. Mr. […]
$XAU, $XAG, $GLD, $GDX, $GOLD, $NEW, $FNV, $AEM, $AU, $RGLD, $KGC, $GFI, $GDX, $GDXJ Investors buy gold for several reasons, but the Key 1 is geopolitical uncertainty, it is a powerful force when it comes to gold demand. With China devaluing its RMB Yuan and halting purchases of US agricultural products in response to President Trump’s additional […]
Maxis Berhad (6012.KL) 2Q19 net profit down 16.9% on lower service revenue TMAXIS Bhd identified weaker service revenue in the absence of network sharing agreement, and lower prepaid and postpaid revenue saw its net profit fall 16.9% to RM397 million in the second quarter ended June 30, 2019 (2Q19), from RM478 million reported in 2Q18. […]
DAX PERFORMANCE-INDEX (.GDAXI) rebounds after recent decline The DAX has finally managed to find some buyers following a sharp decline throughout the past two-weeks. That took the index below the crucial 11,598 support level, pointing towards further downside to come. However, for the time being, we are in retracement mode, which could be substantial given the recent […]
UK FTSE 100 (.FTSE) falls for 6th straight day London’s FTSE 100 closed sharply lower on Tuesday, its sixth straight session in the red, bringing its losses to more than 5% since U.S. President Donald Trump announced more tariffs on Chinese exports, while poor results sent Rolls-Royce tumbling. The FTSE 100 , which suffered its […]
Shanghai: SSE Composite Index (.SSEC) benchmark retreats to five-month low China’s stocks dropped to the lowest level in five months after the US designated the Asian nation as a currency manipulator and Beijing suspended procurement of American agricultural products as the trade war flared up between the world’s two largest economies. The Shanghai Composite Index […]
Hong Kong: Hang Seng Index (.HSI) selling pressure remains as trade war raises growth concerns Hong Kong stock investors headed for the exit as economic woes, street protests and China’s weak yuan intensified worries over potential outflows from the city. The MSCI Hong Kong Index closed 0.6% lower, its 10th straight decline a day after […]
Australia: S&P/ASX 200 (ASX:.AXJO) Is this a buying or selling opportunity? The answer is probably both! I believe the market is primed for a sell-off after staging big gains in 2019 and a correction is healthy. Stocks will bounce back as central banks will rush to pump their respective economies with cheap and accessible credit. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Notably, over this past year, each time there was a public dust-up between the US and Chinese on the trade issues the market reacted negatively, and then resumed the rally. Early Tuesday, President Trump dismissed concerns over a protracted trade war with China, saying the United States was “in a […]
$BIDU, $BX, $RACE, $IBM, $MDWD, $TGT, $XPO 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 stocks analysts have singled out to look at carefully Tuesday, as follows: Baidu Inc. (NASDAQ:BIDU) was started with a […]
$SPY Last week, Federal Reserve Chairman Powell cut U.S. interest rates calling the move an insurance policy against the effects of “simmering” trade tensions, may need to buy more coverage after the United States late Monday designated China a currency manipulator. The move by US Treasury Secretary Steven Mnuchin starts a formal process to address […]
Alibaba Group Holding Limited (NYSE:BABA) analyst forecasts appear to be pessimistic After Alibaba Group Holding Limited’s (NYSE:BABA) recent earnings announcement in March 2019, analyst forecasts appear to be pessimistic, with earnings expected to decline by 7.0% in the upcoming year compared with the past 5-year average growth rate of 17%. Presently, with latest-twelve-month earnings at […]
Facebook, Inc. (NASDAQ:FB) decline on global equity selloff The joy ride for internet stocks took a temporary detour on Monday. Shares of industry stalwarts Facebook Inc. FB, -3.86%, Alphabet Inc.’s GOOGL, -3.47% GOOG, -3.49% Google, Snap Inc. SNAP, -3.35%, and others tumbled after China allowed its yuan currency to fall to a more-than-10-year low versus […]
Dow Jones Industrial Average (.DJI) a dramatic escalation of the trade war between the United States and China sparked a worldwide sell-off A dramatic escalation of the trade war between the United States and China sparked a worldwide sell-off in markets on Monday. The Dow closed down 767 points, and the Nasdaq Composite — a proxy for the technology […]
NASDAQ Composite (.IXIC) investors reprice the risk to the economy from the trade war Sharper losses could be in store for Wall Street. The S&P 500’s 3.2 percent slump on Monday in reaction to an escalating U.S.-China trade war has added to fears that a prolonged market correction could already have started. Many investors define […]
Tesla, Inc. (NASDAQ:TSLA) is stepping up its efforts to detect and prevent fraud within its ranks Tesla is stepping up its efforts to detect and prevent fraud and waste within its ranks, according to a job listing posted to its own careers page on July 19th, and syndicated to LinkedIn about a week ago. According to the […]
Alphabet Inc. (NASDAQ:GOOG) was down more than $50 at one point in afternoon trading A massive selloff on Wall Street did not spare San Francisco Bay Area firms on Monday as major tech giants saw their stocks tumble. The downturn comes after China let its currency sink to the lowest level in more than a […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Firm, USD Off, Crude Oil Up, Stocks Lower Headlines Crude Oil climbs on Short-covering, Us-China trade disputes caps gain Global Stock ‘rout’ deepens US labels China a currency manipulator paving the way for more sanctions Yuan off lows, JPY slumps as China struggles over currency policy Gold […]
Global privacy regulators joined forces Tuesday to demand guarantees from Facebook on how it will protect users’ financial data when it launches its planned cryptocurrency, Libra. The watchdogs from Australia, the US, EU, Britain, Canada and other countries issued an open letter calling on Facebook to respond to more than a dozen concerns over how […]
