Bitcoin (BTC) +15% Driving Market Value of Cryptocurrencies Due North $BTCUSD, $ETHUSD Wednesday, all digital currency prices spike due North, with most major coins/token recording double-digital gainers. Bitcoin, BTCUSD, the world’s #1 digital currency, was trading at $4,370.30, up 15% since Tuesday at 5:00p. ET on the Kraken exchange and on track for its best day in […]
Bitcoin (BTC) Dives Below $5,000 $BTCUSD The fall in cryptocurrencies has accelerated, with Bitcoin piercing the $5,000 mark for the 1st time since October 2017 on speculation that increased regulatory scrutiny will prompt issuers of ICOs to liquidate holdings. Bitcoin declined as much as 9.1% to $4,958, falling for an 8th day running in what […]
Halloween Market Week: Tricks or Treats? $SPY, $AAPL, $FB This is Halloween week and we have more earnings as 1,000+companies will report their Q-3 results and update their forward outlooks. We also have a full slate of economic data, some of which will influence the 2nd edition of the September Quarter’s GDP reading while others […]
US Economic Data Strong, Atlanta Fed Raises GDP View to 4.2% $DIA, $SPY, $QQQ, $RUTX, $USO, $VXX US stocks retreated Wednesday in a healthy Bull market pullback The US economy is expanding at a 4.2% annualized rate in Q-3, the Atlanta Federal Reserve’s GDPNow forecast model showed on Wednesday, following the release of the latest data […]
MAGA Effect:Household Income Spikes US median household income is at all-time highs US median household income has risen more than 4% since President Donald Trump took office on the overall strong economic growth and robust optimism. Inflation-adjusted median household incomes in July hit $62,450, according to the latest release from Sentier Research. “That’s the highest level […]
US Stock Broke Out Above Strong Resistances Extending the Longest Bull Run on Record $DIA, $SPY, $QQQ, $RUTX, $VXX HeffX-LTN’s overall out look for the US equities market is Bullish Stocks rallied Thursday, the S&P 500 opened higher and extended gains into the afternoon, the benchmark index finished +0.8% off its session highs. The DJIA […]
US Economy Growing at 4.8% Annual Rate The US economy is growing at a 4.8% annualized rate in Q-2, the Atlanta Federal Reserve’s GDPNow forecast model showed Thursday, following data that showed domestic retail sales grew at its strongest pace in 6 months in May. The latest estimate on gross domestic product growth was faster […]
Bitcoin Trading in Broad Consolidation Range $BTCUSD, $ETHUSD Bitcoin prices continued within a broad consolidation range over the last 24 hrs, as there was not much fundamentals or economic data to rock the crypto market in the frame. The Key development in here has been the decision of the large crypt exchange Coincheck to re-enter […]
China Buying Major Soybean Tonnage from Russia $SOY China, the world’s biggest Soybean importer, almost 3X’s purchases from Russia during this current trade dispute with the US, the world’s biggest producer of the Oil seed. Russia sold about 850,000 tonnes of Soybeans to China in MY 2016-2017, according to Russia’s agriculture agency. That is more […]
Blockchain Key to Making Big Data Really Accessible $UPS, $WMT, $ETH Data analytics is Key for many organizations to develop. Given the amount of data that’s being generated, advocates consider it a major oversight not to use the information. For businesses, the ability to make game-changing decisions is core to survival given today’s environment. Successful […]
US Exporting WTI Crude Oil to EU, Cramps OPEC’s Pricing Plans $USO, $OIL, $XOM, $BP US Crude Oil producers are benefiting from OPEC’s price squeeze and exporting cheaper WTI Crude Oil to Europe in record amounts. Russia alligned with the Organization of the Petroleum Exporting Countries (OPEC) last year in cutting Crude Oil output jointly […]
Amazon (NASDAQ:AMZN) Has 10X the Data on American’s than Facebook $AMZN, $FB, $ORCL, $GOOGL Amazon has 10X the data on American consumers and owns the Washington Post a left wing political newspaper, always critical of President Trump and his administration. Amazon.com Inc. (NASDAQ:AMZN) disengaged with Washington’s biggest lobbying firm and brought on new advisers following […]
Americans Workers Seeing Biggest Pay Hikes in Years US workers/consumers said they expected to see the fastest wage growth in several years when polled in January, according to a monthly Federal Reserve Bank of New York survey. Consumers polled expected earnings to rise 2.73% in the coming year, the most since data collection began in […]
Fine Arts Investing in 2018 and Beyond $BAC, $SCHW Global managed money, US hedge funds and some of the world’s biggest banks have embraced the predictive properties of machine learning to spot patterns and guide their investment decisions. Could this branch of AI (artificial intelligence) be used to divine the vagaries of the fines arts […]
President Donald ‘Santa’ Trump Delivering Strong Economic Data There looks to be no end to the strong data. Revised Q-3 GDP, December Philadelphia Fed Manufacturing Index, November Leading Indicators, October Home Prices and Weekly Jobless Claims GDP: 3.2% (down 0.1 percentage point) Phila. Fed: +3.5 points LEI: +0.4% Home Prices (Over-Year) +6.6% Jobless Claims: +20,000 […]
“We May Not Be Alone in the Universe” The man who ran the UFO unit at the Pentagon says the things he saw while at the helm of the recently disclosed operation have left him believing Earth might not be the only home of intelligent life in the Universe. “My personal belief is that there […]
Bitcoin Leads to ‘Revolution’ in Commodity Trading $BTCUSD, $IBM, $UBS The rise of Bitcoin is amazing the world’s financial gurus, and now blockchain, the digital-ledger system is set to do the same in Y 2018 for trading in raw materials commodities, as it is being adapted to streamline physical transactions. Two months ago 4 banks joined […]
Ending Net Neutrality Means Restoring ‘Free and Open’ Internet $FB, $NFLX, $AMZN, $GOOGL Friday, Federal Communication Commission Chairman Ajit Pai defended the vote to end net neutrality, saying critics are getting “everything wrong” about the decision when they say it will ruin the internet. “The free and open internet we had prior to 2015 is the one […]
FATCA is an Indiscriminate Violation of Privacy, Repeal It! “Transparency is when citizens monitor government. When government monitors citizens, that’s tyranny.” The CEO of 1 of the world’s largest independent financial services organizations has today launched an “urgent call to arms” for the Trump administration scrap the Foreign Account Tax Compliance Act, also known as FATCA. […]
Dubai’s Annual Innovation Showcase This year’s GITEX Technology Week proved to be a Key barometer of the Emirate’s progress in becoming a Digital Hub Again this year’s GITEX Technology Week in Dubai was a showcase of the latest and greatest innovations from the world over. Dubai Police drew international headlines with a hover-bike produced in […]
RNC Out Raising and Out Strategizing ‘Bankrupt’ DNC Former White House press secretary Sean Spicer called a “surgically targeted operation” in the GOP’s “data and ground game” for its 2016 White House victory, and predicts it will crush Democrats in Y 2020. Mr. Spicer noted that the Democratic National Committee (DNC) has gone “effectively bankrupt” and “unable to […]
World Stocks Headed to the 12th Month of Gainers $BP, $RYAAY, $BNPQY World stocks headed for a record 12th month of gains Tuesday, as a 5.5 month high in European stocks and records elsewhere underscored one of the most robust Bull markets in history. Europe’s latest rally came as figures from the once-fragile Eurozone showed […]
Dubai’s Ruler Launches New Internet of Things Strategy The strategy is set to be implemented over 4 consecutive phases in the coming 3 years. Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum has launched an Internet of Things (IoT) strategy and the Data Wealth initiative to boost its digital push. The Dubai IoT strategy seeks […]
Trump Rally Extends to Record Highs on Wall Street $DIA, $SPY, $QQQ, $VXX No one is interested in selling this market, signaling that America’s investors are polling Very Positive for President Donald Trump, no matter what the left press is broadcasting, aka Fake News. Again Thursday, the major US stock market indexes rose to record […]
Warning, SEC Breach May Impact Trillions of Dollars $DIA, $SPY, $QQQ, $VXX, $EFX A breach discovered in a Key US Securities and Exchange Commission filings systems in Y 2016 can impact “trillions of dollars,” cybersecurity. It is the same issue as Equifax (NYSE:EFX), as they are supposed to be the guardians of trusted information. Equifax is […]
Newest Apple (NASDAQ:AAPL) to Locate in Waukee, Iowa $AAPL Apple Inc., (NASDAQ:AAPL) the US technology company with iPhone smartphone as its flagship product, announced Thursday its plan to build a new data center in Waukee, Iowa. HQ’d in Cupertino, California, the company said the data center will be 400,000 sqf. The Iowa Economic Development Authority […]
Bitcoin, The Big Picture $BTCUSD finished at $4410.98 Wednesday. The price of Bitcoin rose Wednesday, following a brief dip below the $4,000 mark, in an apparent run at another record high. On 1 August Bitcoin Cash ,Peer-to-Peer Electronic Cash successfully launched. The Big Picture A simple cryptocurrency transaction looks like this, as follows: John wants to send […]
The DNC was Not Hacked by Russia, Hard Science Indicates an Inside Leak The Democratic National Committee (DNC) was not hacked by Russia, nor anyone else. It was “an inside job by someone with access to the DNC’s system,” according to a report in The Nation published Wednesday. “There was no hack of the Democratic […]
China’s consumer inflation grew mildly in June, as stable prices reinforced the view that the world’s second largest economy is firming up. China’s consumer price index (CPI), a main gauge of inflation, rose 1.5 percent year on year in June, the National Bureau of Statistics (NBS) said Monday. The June expansion remained unchanged from May’s […]
Assuming I’m right how much higher can this market go? $DIA, $GLD, $SLV Another Quarter in 2017 has come and gone, and, I have to say that June was for the most part pretty quiet compared to what the stock market saw earlier in the year. In June we saw 7 new BEV Zeros (new […]
Global Investors Rotating, Not Retreating $DIA, $DAX, $DJSH, $N300, $NSEI Global equities have recovered rapidly after a dip this month as technology firms sold off, signalling the investors are still confident about the last of the Trump reflation trades, as they take a more discerning approach to stock-picking. Despite that recent stumble, MSCI’s gauge of world stock […]
The US Jobs Market is Not Rosy as the Headlines Declare $DIA, $SPY, $QQQ, $VXX The Question over the strength of today’s job market is Key to understanding the durability of the US economy and the markets looking ahead. The Team at Morningside Hill weighed on the US Jobs numbers today giving us a good […]
Moody’s Downgrades China, Time to Buy Yes Moody’s. the firm that kept Enron’s investment-grade rating and did the same for Lehman Brothers has issued a very questionable downgrade of China. The justification for the downgrade is excessively pessimistic and not in line with the ratings they have on other countries. If they were to apply […]
Thai Economy Posts Strong Growth 3 years of stable Government has helped the Thai Economy rebuild. The Thai economic outlook for 2017 : It is expected that the Thai economy will grow by 3.3 – 3.8 percent, supported mainly by (i) the recovery of the export in tandem with the pickup of key trading partners’ […]
China and Japan Improve Ties The finance ministers of China and Japan exchanged views on deepening cooperation at the Sixth China-Japan Finance Dialogue this weekend. Xiao Jie, the minister of finance, and Taro Aso, Japan’s deputy prime minister and minister of finance, cochaired the dialogue on May 6, with senior officials from finance ministries and […]
China: Economy on Solid Ground China’s recent economic moderation is a natural consequence of its economic restructuring, and the country’s solid growth momentum remains uninterrupted in the longer term, Asian Development Bank Chief Economist Yasuyuki Sawada said on May 7. China is doing the right things to maintain financial stability and control cross-border capital flows, […]
There is a Lot Going on in the Markets this Week… $DIA, $SPY, $QQQ, $VXX US stocks posted a gainer in April, thanks solid corporate earnings and the anticipation of significant federal tax cuts. The outperforming NAS Comp extended its winning streak to a 6th month running, while the DJIA followed with 5 of 6 […]
Most of the headlines today are focused on a shrinking rate of growth in China’s manufacturing sector, the reality is it is continuing to expand. China’s economy grew a faster-than-expected 6.9 percent in the first quarter, boosted by higher government infrastructure spending and the nation’s gravity-defying property boom. But growth is expected to slow as […]
CIA Could/Can “Mask” its Own Cyberattacks WikiLeaks’ latest data “dump” of hacked info from the CIA shows how the US spy agency could mask its own cyberattacks to make it look like it came from another foreign government. Russian, Chinese, North Korea, Arabic, Farsi, it’s all in the source code, according to reports Friday. It’s the […]
CBOE Holdings, Inc. (NASDAQ: CBOE) today reported February monthly trading volume and average revenue per contract (RPC) data on its website under the Quotes & Data section. The data sheet “CBOE Holdings Monthly Volume & RPC Report” contains a complete overview of February trading volume for Chicago Board Options Exchange® (CBOE®), C2 Options Exchange (C2) […]
Investors are Betting The Trump Presidency, Shunning Hedges $DIA, $SPY, $QQQ, $VXX Bet the Presidency, is the mantra of investors crowding into the US The Trump Rally with only modest downside protection despite potential headwinds, from elevated corporate leverage, Fed rate hikes, and potential US policy risks. Data from Goldman Sachs (NYSE:GS) show investors have discarded […]
Gawk Inc. announces long term Investor Relations agreement with Growth Circle, Inc. $GAWK Los Angeles, January 19, 2017 — GAWK Inc. (OTC PINK: GAWK) CEO Scott Kettle is pleased to announce that GAWK in its commitment to pro-active shareholder communication has retained the services of Growth Circle for long-term Investor Relations services. “We have always […]
The Key Reason Live Trading News Covers a Wide Variety of Topics Many readers have ask us why we cover political and health issues when our primary focus is on the financial markets. The Key reason is that all these fields are connected, we do not have free market forces anymore. Virtually everything is manipulated, from […]
No Computer is Safe from Anyone with the Know-how to “Hack” I, like US President Elect Donald Trump know that “no computer is safe” when it comes to keeping information private and secure within the current technology of Internet connectivity and data transfer. Early last year I learned about the security of online communications, and […]
Investors Rotating Cash from Bonds to Stocks $DIA, $SPY, $QQQ US-based stock funds pulled in $11.8-B in the week ended 28 December data showed Thursday, ending Y 2016 with an penchant for stocks that had been seen for the better part of the year. Investors pulled $775-M from taxable bond mutual funds and exchange-traded funds […]
Stress, the Hidden Factor in the Longevity Gap A new analysis from the Hamilton Project released last Tuesday reveals that Biomarkers* of stress have risen much more rapidly for low-income people than for high-income ones. The most recent data show that life expectancy of Americans declined in Y 2015, these statistics are not broken down […]
Post Election Bond Sell Off Continues, USD Surges $DIA, $SPY, $QQQ, $VXX Commentary: The US Dollar (.DXY) Index is up 0.26% to 100.48 today as the probability for a vote to hike rates at the 13-14 December FOMC meeting moved to a near certainty. Higher policy rates at the Fed should encourage capital to flow into […]
Gawk Continues to Add Customers, Wins Contract With Leader in Custodial Technology $GAWK Los Angeles, CA…November 2, 2016 – GAWK Inc. (OTC PINK: GAWK) CEO Scott Kettle announced today another signature client win with the signing of an agreement with a national leader in the residential corrective technology industry. Kettle said, “As a technology Company […]
No Need for China to Fake Steady GDP Growth China’s economy has achieved steady growth of 6.7% for 3 Quarters running, leading many analysts to suspect that there has been some data smoothing. However, the reality is that the government simply has no incentive or necessity to whitewash the real economic picture. It’s routine for […]
GAWK CEO on MoneyTV Friday to Discuss Record Earnings, Tech Breakthrough Los Angeles, CA—October 20, 2016 – GAWK Inc. (OTC PINK: GAWK ) CEO Scott Kettle will be a guest on MoneyTV on Friday, October 21, 2016, and will speak to investors and the media about the Company’s recent record-breaking revenue and technological advances. Kettle […]
Numbers are Adding Up Signaling a Trump Win, Possible Landslide Recall that Ann Coulter warned in her book Slander in 2003 that the far left main stream media always uses polls to push their agenda. Polls can be skewed by selecting an unreasonable sample size, by asking lead up questions or by selecting more of […]
Gawk Inc. Issues State of The Industry Letter to Shareholders $GAWK Los Angeles, October 11, 2016 — GAWK Inc. (OTC PINK: GAWK) CEO Scott Kettle reviews the balance of the fiscal year with a letter to shareholders. Dear Shareholder: Your Company is seriously undervalued! Our prospects couldn’t be brighter. GAWK has, in a mere two […]
Booz Allen Hamilton (NYSE:BAH) Employee Arrested by FBI for NSA Data Theft $BAH A National Security Agency (NSA) contractor was arrested and charged with stealing highly classified information, authorities said Wednesday, a data breach that could mark a damaging new leak about the US government’s surveillance efforts. Harold Thomas Martin, 51 anni, employed by Booz […]
Alan Greenspan’s Credibility is an Accident that is still Happening $DIA, $SPY, $QQQ, $VXX In a article last week, the former Fed Chairman is quoted to be worried about the “crazies.” For some unknown reason, former Federal Reserve Chairman Alan Greenspan’s, 90 anni, opinions are still taken seriously. No one person has done more to […]
Market Update for Early September 2016 $DIA, $SPY, $QQQ, $VXX, $GLD, $SLV For the past two months, excitement in the stock market has been hard to come by. On August 15th the Dow Jones saw its last all-time high, and it made seven new all-time highs in a row in mid-July. But these new highs […]
Exclusive Interview with Steve Douty President/CEO/Member of the Board of Directors of Nexo, Inc. Nexo, Inc. (a private company) Disrupts the Movement of Big Data A New Era of Information Sharing Has Begun Last Friday I sat down with Steve Douty and to discuss the future of big file sharing, the expense and security surrounding big […]
ITRC Reports 601 Data Breaches Year to Data The latest data breach count from the Identity Theft Resource Center (ITRC) reports that there have been 601 data breaches recorded YTD, and that more than 21-M records have been exposed since the beginning of the year. The total number of reported breaches increased by 17 since […]
Nexo, Inc. (a private company) Disrupts the Movement of Big Data A New Era of Information Sharing Has Begun $AMZN, $GOOGL, $IBM, $MSFT, $ORCL This discussion is about 1.5X longer than my regular columns on innovative, disruptive, beneficial technology, and fairly technical to boot, but I believe you will all find it compelling and […]
Technology: A Cloud Solution to Support all Workloads is a Long Way Off $ORCL, $AMZN, $MSFT According to my research the mass transfer of data to the cloud is still in the early stages, as about 95% of all corporate data continues to reside in private IT facilities that companies run for their own use. […]
GAWK Reports New Customer Win, 800FUND Now Client Los Angeles, CA- August 2, 2016 – GAWK Inc. (OTC PINK: GAWK) announced another signature client win, with the signing of 800FUND (800fund.com), a fast growing enterprise located in the Wall Street financial district of New York, specializing in alternative business financing to its client base. Jonathan […]
Train Your Brain, Live Happier Longer A computerized brain training program cut the risk of dementia among healthy people by 48%, US researchers said Sunday in reporting an analysis of the results of a 10-year study. The preliminary findings, presented at the Alzheimer’s Association International Conference in Toronto, are the 1st to show that any […]
Neuroscientists Helped Compile an “Accurate Map of the Human Brain” Doctors have had reliable charts of the human body and its organs: blood circulation, digestive system, nerves and the like, but always with 1 frustrating Grey Zone: the Brain. Wednesday, a team of neuroscientists, computer specialists and engineers said they had compiled what “could be […]
Oliver Stone, “Pokemon Go, It is a new level of invasion” $GOOGL, $NTDOY Film director Oliver Stone thinks the future is bleak in a world full of Pokémon Go players. “[It] is a new level of invasion,” he said of the insanely popular game while on a panel at Comic-Con Thursday, according to BuzzFeed. “It’s […]
How Data Helps Retailers Improve Customer Experiences $GOOGL, $MSFT Failure to relay data will leave customers with blanket recommendations that are of little relevance to them In the Dark Ages (circa 20 yrs ago in the Middle East and 65 yrs ago in the US), it was commonplace to walk into your local grocer and […]
Dubai Real Estate Transparency Improved $JLL JLL report awards city ‘semi transparent’ status and the most in the Middle East Dubai needs to introduce a citywide performance index if it is to improve the property market’s transparency, according to JLL MENA. In its biennial Global Real Estate Transparency Index, JLL (NYSE:JLL) ranked Dubai 48th out of […]
GAWK Creates Revenue, Runs Fiber to Light 2nd Office Bldg with “Last Mile” Technology $GAWK Los Angeles, CA…June 28, 2016 – GAWK Inc. (OTC PINK: GAWK) announced the second successful implementation of its ‘Last Mile’ connection service by running over 100 strands of fiber to another office building adding 426,000 sq. ft. to its growing […]
GAWK Rolls Up 4th Acquisition, Anticipates Adding $1-M in Annual Revenue $GAWK Los Angeles, CA…June 21, 2016 – GAWK Inc. (OTC PINK: GAWK) Scott Kettle, CEO, today announced that the Company has signed a Letter of Intent to acquire the VOIP assets of Xtelus LLC, a North Carolina LLC and Xtelus S.A, a Dominica International […]
Exclusive Interview with Rick Burnett, Founder/CEO LaneAxis LaneAxis is a Disruptive Freight Management System Rick has brought forth a simple, scalable Virtual Freight Management system that puts information and cost-control under the command of the shippers. Rick and his Team have developed a simple desktop and mobile app that delivers efficiencies spanning the supply chain […]
What is the Internet of Things? It’s a foregone conclusion that anyone in the modern world has heard of the Internet, and they probably use it day-in, day-out. Power up your IoT Experience with the HEFFX IoTDrive As popular as the Internet is, most people don’t know what led to its success. From the ARPANET […]
America’s Largest Companies Outsource Freight Shipments $JBHR, $YRCW, $ODFL, $USAT A LaneAxis Virtual Freight Management study of the nation’s top 50 Carriers, as ranked by Transportation Topics showed the 13 biggest public companies outsource an average of 42.29% of their freight shipments. This figure is based on the percentage of total revenue those carriers spent […]
Microsoft, Facebook Agree to build High-speed Trans-Atlantic sub-Sea Cable $MSFT, $FB, $GOOGL, $AMZN Thursday, US technology giants Microsoft (NASDAQ:MSFT) and Facebook (NASDAQ:FB) announced they will jointly build a high-speed undersea cable across the Atlantic to give customers fast and reliable access to the 2 companies’ “cloud” and online services as demand grows. The new 6,600-kilometer undersea […]
The AAII Sentiment Survey for the Frame Ended 25 May 2016 $DIA, $SPY, $QQQ, $VXX The AAII Investor Sentiment Survey measures the percentage of individual investors who are Bullish, Bearish, and Neutral on the US stock market for the next 6 months, Individual members are polled from the ranks of the AAII membership weekly. Just […]
GAWK, Inc. Names Christopher Hall Chief Financial Officer $GAWK Los Angeles, CA…May 26, 2016 – GAWK Inc. (OTC PINK: GAWK) today announced that Christopher G. Hall has accepted the position of Chief Financial Officer of the Company. Scott Kettle, CEO, said of Hall, who is also a Director of GAWK, “Chris is a recognized VOIP […]
GAWK, Inc. Files Form 10K, Reports Company Revenue Up 984% Los Angeles, CA…May 25, 2016 – GAWK Inc. (OTC PINK: GAWK) today announced that on May 24, 2016, the Company filed its Annual Report on Form 10-K for the year ended January 31, 2016 with the U.S. Securities and Exchange Commission. In the filing, the […]
Parents’ Basement, the Dwelling of Choice for Millennials In Y 2014, Americans 18 to 34 anni were a little bit likelier to be living in their parents’ home than with a spouse or partner in their own household, according to a Pew Research Center analysis of US Census Bureau data, released Tuesday. It is the 1st […]
People Spend a Lot of Time Telling Other People They are Wrong I am always amazed at amount of time and energy that people spend telling others when and why they are wrong. In stock and commodities business, people are wrong all the time. We stop out and move on, the Key is to cut […]
June Fed Interest Rate Hike In Sight $DIA, $SPY, $QQQ, $VXX The US Fed officials said it would appropriate to raise interest rates in June if economic data points to stronger Q-2 growth as well as firming inflation and employment, according to the FOMC mins from their policy meeting in April. That view suggests the […]
Privacy & Security Concern “Chilling” Internet Users Nearly 1 in 2 Internet users say privacy and security concerns have stopped them from doing some basic things online such as posting to social networks, expressing opinions in forums or even buying things from websites, according to a new government survey released last Friday. This chilling effect, […]
Gold and Silver in a Stock Market Correction $DIA, $GLD, $SLV When I last published this Bear’s Eye View of the DJIA a few weeks ago it appeared the US benchmark index would be making a new all-time high sometime in early May. On April 20th it was only 1.18% from last May’s BEV Zero, […]
Looking at Equity Markets for Economic Signals is a “Mistake” $DIA, $SPY, $QQQ, $VXX Volatility in stocks and bonds was part of the FOMC’s consideration for slowing interest rate increases in February. Now a Fed economist attached to the central bank’s Dallas branch says that “relying on the equity market for economic signals is a […]
Weak US Jobs Data Blows Fed’s Rate Hike Plans Out of the Water $DIA, $SPY, $QQQ, $VXX, $GLD Gold had the biggest gainer in a week after US employers added the fewest workers in 7 months, weakening the case for the US Fed to raise interest rates anytime soon. The 160-K gain in NFPs in […]
Thursday’s Technical Outlook for the DJIA (.DIA) $DIA, $.DJI US stocks closed in the Red, with the DJIA off 99 pts to end at 17,651.26. The NAS Comp extended its decline by 37 pts to finished at 4,752.64, the S&P 500 fell 12 pts to 2,051.12. Mixed data in the US suggested the economy is […]
GAWK ANNOUNCES DUAL FIBER OPTIC CONNECTIONS IN IRVINE SPECTRUM Los Angeles, April 26, 2016 — GAWK Inc. (OTC PINK: GAWK) CEO Scott Kettle announced today that the Company’s wholly owned subsidiary, WebRunners business unit, has completed agreements for dual 10 GB high-speed fiber optic interconnections into the Irvine Spectrum data center from downtown Los Angeles. […]