Gold Price Tops $1,800 oz, Posting its Best Quarter in 4 yrs

Gold Price Tops $1,800 oz, Posting its Best Quarter in 4 yrs

#gold #COMEX #coronavirus #bullion #metal #inflation #HefCap #Fed $XAU $GLD Gold futures rose above 1,800 oz for the 1st time in more than 8 yrs as low interest rates, China tensions and virus chaos are driving demand for the precious Yellow metal as a safe-haven. Bullion for August delivery rose as much as 1.3% to […]

Gold is Undervalued, Balanced Portfolios Should Own Some, Some Silver Too

Gold is Undervalued, Balanced Portfolios Should Own Some, Some Silver Too

$XAU $GLD $XAG $SLV $USD $GS Goldie raises 12-month gold forecast by 11% to $2,000 oz; Silver’s 12-month forecast at $22 oz Gold prices are likely to reach $2,000 oz in 12 months on the back of low real interest rates and concerns over currency debasement, even as developed markets emerge from C-19 coronavirus chaos […]

Goodbye to High-yield Savings Accounts

Goodbye to High-yield Savings Accounts

$DIA $SPY $QQQ $RUTX $VXX For years, the high-yield saving products were a success for both consumers and financial institutions alike. After getting almost Zero interest from big US banks, individuals who parked their excess cash with the likes of Ally Financial Inc., Barclays Plc, Goldman Sachs Group Inc.’s consumer bank, Marcus, or HSBC Holdings Plc’s HSBC Direct […]

Seeing Signs of the World’s Economies Rebounding From the C-19 virus Chaos, Things are Stable, Time to Grow

Seeing Signs of the World’s Economies Rebounding From the C-19 virus Chaos, Things are Stable, Time to Grow

$DIA $SPY $QQQ $RUTX $VXX Savvy economists say there is evidence the world economy has begun to recover from the C-19 coronavirus chaos, and the Draconian restrictions placed on businesses and consumers. “Economic activity has probably bottomed now,” said the chief economist at Goldman Sachs (NYSE:GS) in a note to clients Monday. “Lockdowns and social […]

2020 2-H Crude Oil Recovery to Boost Oil Stocks + HeffX Oil Report

2020 2-H Crude Oil Recovery to Boost Oil Stocks + HeffX Oil Report

$USO $OIL $XLE $CVX $COP $EOG $MPC This year the markets have seen the waterfall effects of the C-19 coronavirus and a battle over Crude Oil dominance between Russia and Saudi Arabia over production that helped to slash benchmark pricing for WTI and Brent Crude Oil by more than 70% several days ago. The energy […]

The Message from Goldman Sacks on the Impact of this Election Year Virus

The Message from Goldman Sacks on the Impact of this Election Year Virus

$GS $SPY $OIL $USO The Goldman Sachs investor call Sunday. The Key economic take aways are: 50% of Americans will contract the virus (150-M people) as it is very communicable.  This is on a par with Rhinovirus aka the common cold, of which there are about 200 strains and which the majority of Americans will […]

Crude Oil Demand Heads for Record Lows

Crude Oil Demand Heads for Record Lows

$OIL $USO “This is a sudden, instant demand shock, the scale of the decline is unprecedented.” Gasoline becomes more affordable, just when Americans do not need it.” Global Crude Oil consumption is heading to the biggest annual contraction in history, as more countries introduce unprecedented measures to fight the virus outbreak. Travel bans, work-from-home, canceled […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA $SPY $QQQ $RUTX $VXX Technical Analysis at the weekended 21 February  NAS Comp: It sold to the 10-Day EMA and then rebounded and filled the gap from Wednesday. It is still using the 10-day EMA as it trends higher. S&P 500: It tapped at the 20-Day EMA on the low, rebounded to a modest […]

Gold is in the Midst of a Perfect Storm

Gold is in the Midst of a Perfect Storm

$GLD $XAU $SLV $XAG $USD $EUR Concerns about the human and economic cost of the coronavirus continues to drive the need for strategic diversification and safe haven demand. Pro-cyclical commodities such as crude oil and copper meanwhile saw their recent recovery falter in face of renewed concern over the virus spreading outside of China. Commodity […]

Wall Street’s Key Stock Analysts Research Reports

Wall Street’s Key Stock Analysts Research Reports

$GOOGL, $AMZN, $GS, $GRUB, $MWA, $RL, $RNG Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Thursday, 6 February, as follows: Alphabet Inc. (NASDAQ:GOOGL) was reiterated as Buy and its target price was raised to […]

Goldie Says Stocks Can Go Higher

Goldie Says Stocks Can Go Higher

$DIA, $SPY, $QQQ, $RUTX, $VXX Some on Wall Street see a sharp reversal hitting this year’s stock market rally now that fast-money quants have ramped up their speculative bets. But the real money has the potential to come in and lead even if these systematic players slow down. Tepid inflows into mutual funds and exchange-traded […]

Wall Street’s Key Stock Analysts Research Reports

Wall Street’s Key Stock Analysts Research Reports

$AMD, $ATUS, $KO, $GM, $GS, $SBUX, $TPX Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Friday, 10 January, as follows: Advanced Micro Devices Inc. (NASDAQ:AMD) was raised to Buy from Neutral at Mizuho, and the […]

Gold Prices Surge, Bullion Nears 1600 oz.

Gold Prices Surge, Bullion Nears 1600 oz.

$GLD, $XAU, $SLV, $XAG, $USD, $NEM Gold rods to its highest mark since Y 2013 in the US session Monday, as rising tensions in the Middle East drives demand for havens, with Goldman Sachs (NYSE:GS) seeing more room to run. Palladium, the most precious, extended gains to a fresh record. Bullion neared 1,600 oz after […]

Gold Closed Above $1500 on Pace to Best Year Since 2010

Gold Closed Above $1500 on Pace to Best Year Since 2010

$GLD, $XAU, $SLV, $USD, $JPM, $GS, $UBS Gold rose for a 4th session running, topping 1,500 oz and on pace for its best annual gainer since Y 2010. The precious Yellow metal marked a 7-wk high on the breakout as investors positioned for Y 2020, with post-Christmas gains coming even as global equities inched higher and US-China […]

The Street’s Key Stock Analysts Research Reports

$ACAD, $ADBE, $BSX, $GS, $ICE, $NDAQ, $VRTX 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, as follows: Acadia Pharmaceuticals Inc. (NASDAQ:ACAD) was started as […]

Gold’s Great Year Points to Another

Gold’s Great Year Points to Another

$XAU $GLD $USD $GS Gold’s impressive advance in Y 2019 may be set to move into the New Year. As 2020 looms, BlackRock Inc., the world’s largest money manager, remains constructive on bullion as a hedge, while Goldman Sachs Group Inc. and UBS Group AG see prices climbing to 1,600 oz, a mark last seen […]

Goldie Makes Case for Diversifying into Gold

Goldie Makes Case for Diversifying into Gold

$XAU $GLD $GS Goldman Sachs Group Inc. (NYSE:GS) said investors should diversify their long-term bond holdings with gold, citing “fear-driven demand” for the precious Yellow metal. “Gold cannot fully replace government bonds in a portfolio, but the case to reallocate a portion of normal bond exposure to gold is as strong as ever,” Goldman analysts […]

No US Recession Ahead

No US Recession Ahead

$GS The chances that the US economy skids into a recession are “not significant” near term as American households extend the expansion and trade tensions appear to be easing, the CEO of Goldman Sachs Group Inc (NYSE:GS) said in an interview. “I’ve said that I still think the chance of a U.S. recession between now […]

Goldie’s Simple Answer to Clients: “Buy US Stocks 1st”

Goldie’s Simple Answer to Clients: “Buy US Stocks 1st”

$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 finishes higher as value stocks outperform Goldman Sach’s Private Wealth Management team has a simple firm message for its wealthy clients: stick with US equities. “As we have gone through various crises, we have still told clients to stay invested and not get out of US equities, it’s […]

The Huge Managed Money Has More Faith in Stocks Than Bonds

The Huge Managed Money Has More Faith in Stocks Than Bonds

$DIA, $SPY, $QQQ, $RUTX, $VXX Goldman Sachs (NYSE:GS) investment management unit oversees about $1.7-T. and while it is still waiting for better entry levels to buy the dip, it continues to favor equities and credit over government bonds in a rejection of growing fears of an imminent recession. Goldie expects the Fed to lower rates […]

Analysts See Fed Cutting Interest Rates in September

Analysts See Fed Cutting Interest Rates in September

$MS, $GS Morgan Stanley (NYSE:MS) analysts said Monday that they now expect the Federal Reserve to cut rates in September and then again in October. “Trade’s ‘simmer’ has begun to boil, business sentiment and capex have softened further, global growth remains weak and inflation expectations have fallen,” while the gap between 3-month US3MT=RR and 10-year […]

“Gold’s Rally Above $1,500 oz is Just the Beginning”

“Gold’s Rally Above $1,500 oz is Just the Beginning”

$XAU, $GLD,$USD, $GS Analysts at Goldman Sachs (NYSE:GS) predict that gold prices already at 6-year highs will climb to $1,600 oz over the next 6 months as investors seek safe-havens. The dimming global economic outlook, driven by heightening trade tensions between the US and China are boosting gold’s appeal as a hedge against financial chaos. […]

Earnings Season ‘Kicks Off’ in Earnest This Week

Earnings Season ‘Kicks Off’ in Earnest This Week

$JPM, $MS, $GS, $BAC, $MSFT, $NFLX FLASH: Traders will focus on the start to Q-2 earnings season this week. Big banks including JP Morgan Chase (NYSE:JPM), Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS) and Bank of America (NYSE:BAC), along with Netflix (NASDAQ:NFLX) and Microsoft (NASDAQ:MSFT) report Quarterly results this week, setting the tone for the rest […]

Bitcoin (BTC) Rally Up, Rally Down, Wild Market Volatility is the Norm

Bitcoin (BTC) Rally Up, Rally Down, Wild Market Volatility is the Norm

$BTC, $BTCUSD FLASH: Bitcoin (BTC) Not a Game for Casual Players Financial markets experts agree that fast run-up in prices is a bubble. And the Big Q is always when/not if, its price will crash, and the effect of a crash?  The Financial Stability Oversight Commission recently came out with a report listing challenges to financial stability, […]

Goldie Does Not See the “Insurance” Rate Cut Coming

Goldie Does Not See the “Insurance” Rate Cut Coming

$GS, $CME Goldman Sachs (NYSE:GS) economists said they are skeptical of “insurance” US interest rate decreases from the Fed to forestall possible slowing in US economic growth due to global trade tensions. A surprise escalation in trade tensions between Washington and Beijing since May, together with low inflation, have spurred bets among traders the Fed […]

Trade Worries Not a Drag on US Business Investment

Trade Worries Not a Drag on US Business Investment

$GS Goldman Sachs (NYSE:GS) economists are skeptical that trade policy uncertainty is a major drag on business investment now. Instead, they are pointing to other economic indicators, which they say are still okay. “The link between economic policy uncertainty and Capex weakens sharply when taking into account financial conditions and company investment spending expectations, which […]

Managed Money Holding Long Bets on the Leadership

Managed Money Holding Long Bets on the Leadership

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Managed money’s lack of conviction in the Y 2019 stock rally has become notorious, but managers retained faith in the Leadership. Hedge funds kept equity exposures light in this year’s advance, the relative size of their biggest Long positions remained “extremely elevated,” according to the latest research from […]

China Lowers Finance Barriers, Investors See Opportunity

China Lowers Finance Barriers, Investors See Opportunity

$GS, $BLK, $BX, $BABA China’s plan to open its $44-T financial sector to the world is drawing a positive reception from Top executives attending the Milken Institute Global Conference this week. The opening to foreign ownership of financial firms should be quickly beneficial to large US players, such as Goldman Sachs Group Inc., Blackstone Group […]

Analysts See Well Fargo (NYSE:WFC) as ‘Dead Money’

Analysts See Well Fargo (NYSE:WFC) as ‘Dead Money’

$WFC Wells Fargo & Co. (NYSE:WFC) shares are extending Friday’s declines in Monday pre-market trading, as analyst downgrades pile on after the bank lowered its net interest income forecast. Firms cutting their rating on Wells Fargo stock to neutral include Goldman, BofA and Buckingham. Shares of Wells Fargo fell about 1.6% Monday, after closing down […]

Investor Focus this Week: Geopolitical Events + Big Bank Earnings

Investor Focus this Week: Geopolitical  Events + Big Bank Earnings

$BAC, $C, $JPM, $MS, $WFC, $USD, $GBP, $JPY The Fed As the US yield curve is deciding whether to invert/not Invert, investors seek reassurance that we are in a era of non-inflationary growth, and focus on monthly price gauges this week. Wednesday, the US Labor Department is expected to report that its March Consumer Price […]

Goldman Sachs is Bullish Disney (NYSE:DIS) After the Fox Acquisition

Goldman Sachs is Bullish Disney (NYSE:DIS) After the Fox Acquisition

$DIS, $GS Goldman Sachs’ (NYSE:GS) has reinstated its coverage of Walt Disney Co. (NYSE:DIS) with a Buy rating on the heels of its $65-B cash acquisition of Fox assets. The 142/share Goldman Sachs price target is more than 10% higher than the 127.50 consensus analyst target, and it represents an implied upside of 26% from […]

Big Banks to ‘Kick Off’ Earnings Season

Big Banks to ‘Kick Off’ Earnings Season

$C, $JPM, $MS, $BAC, $WFC, $XLF, $KBW US big banks are set to kick off the corporate earnings season next week, Goldman Sachs (NYSE:GS) is advising investors to use Call options to position for a rally in financial stocks into May. Goldman derivatives strategists underscored the “extreme under-performance” in the Financial Select Sector SPDR Fund, […]

Dimon Cautious, JPMorgan Positions for a Recession

Dimon Cautious, JPMorgan Positions for a Recession

$JMP, $GS, $USD FLASH: Jamie and ‘Goldie’ have different outlooks JPMorgan (NYSE:JPM) CEO Jamie Dimon does not agree with economic doomsayers. The boss of the largest US bank acknowledged a growing number of potential obstacles to the economy that carried his firm to record profits last year. That caution was reflected in JPMorgan Chase & […]

Global Economy May Have Bottomed Out

Global Economy May Have Bottomed Out

$GS, $USD, $USO, $OIL FLASH: On the global markets, some green shoots are emerging. The global economy may have already bottomed out, according to Goldman Sachs Group Inc. Chief Economist in a note Tuesday. While growth remains soft, Goldman’s current activity indicator in February is slightly above the downwardly-revised December and January numbers. Some green […]

Savvy Investors Moving Back to Gold

Savvy Investors Moving Back to Gold

$GLD, $SLV, $GDX, $USD Gold prices climb as those savvy investors uncertain about global growth outlook hedge their portfolios. Gold prices have surged 14% since September, when in this column I signaled a buy signal for the precious Yellow metal, just as the major US stock market indexes were making record Tops. Gold-focused ETFs saw […]

Gold and Mining Stocks Looks Bright & Shiny

Gold and Mining Stocks Looks Bright & Shiny

$GLD, $GOLD, $USD, $GDX, $GS FLASH: The savvy observers see Golden opps in the precious Yellow metal and its miners. Last September in this column we suggested it was time for investors to add gold to their portfolios. And that data shows that since that time, gold has gained nearly 10%. Gold marked to a […]

Goldman Sachs,”US Economy ‘Just Fine'”

Goldman Sachs,”US Economy ‘Just Fine

$GS Goldman Sachs’ (NYSE:GS) CEO David Solomon said he sees good prospects for underwriting this year, while downplaying concern that growth in the leveraged-loan market is a risk for big banks, saying the US economy is ‘just fine’. “If the market environment continues to be what we see today, I think we’ll have a relatively […]

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX, Once again, the US stock market was primed to rebound, it rebounded extending into options expiration, + there is plenty of money still on Wall Street’s sidelines. The US financial market was closed Monday for a Holiday, Options expiry brought a big Northside move. Perhaps we will see come giveback […]

‘Goldie’ Reports Wednesday, What to Watch For…

‘Goldie’ Reports Wednesday, What to Watch For…

$GS Goldman Sachs Grou (NYSE:GS) is scheduled to report its Q-4 financial results before the US market open Wednesday. The consensus estimates from Thomson Reuters are EPS/5.61 and $7.78-B in revenue. In the same frame last year, the Wall Street giant posted EPS/5.68 on $7.83-B in revenue. In Q-3, book value per common share has […]

Markets Rebound, Growth Fears Overblown

Markets Rebound, Growth Fears Overblown

Wall Street strategists work to calm equity investors, saying their worries over the economy are overdone. $SPY, $JPM, $GS JPMorgan (NYSE:JPM) argues that the risk of an economic recession is “overpriced” with the latest stock sell-off. Goldman Sachs (NYSE:GS) says, the decline in US stocks has opened up a rare divergence between the market’s performance […]

Expect a Rise in Gold’s Price on Fed’s Dovish Stance on Rate Hikes

Expect a Rise in Gold’s Price on Fed’s Dovish Stance on Rate Hikes

Expect a Rise in Gold’s Price on Fed’s Dovish Stance on Rate Hikes $XAU, $GLD Gold may be set up to rally as speculation mounts that the Fed will hit the pause button on interest rate hikes in Y 2019. After lift-off in late Y 2015 followed by a rise a year later, the Fed […]

Best Time Since President Trump’s Election to Buy Stocks

Best Time Since President Trump’s Election to Buy Stocks

Best Time Since President Trump’s Election to Buy Stocks $DIA, $SPY, $QQQ,$RUTX, $VXX Savvy investors, sidelined and sitting on cash are setting up to come back into this market The sell-off that started in October is a healthy correction in this Bull market and investors should continue to tune out the Noise. The beaten down […]

As Market Corrects, Huge Opportunities Come to Light

As Market Corrects, Huge Opportunities Come to Light

As Market Corrects, Huge Opportunities Come to Light $DIA, $SPY, $QQQ, $RUTX This Bull market correction is/will yield huge opportunities for savvy and patient participants. If you have to put money to work in the market now, we suggest you go into the defensive names in healthcare, consumer staples and utilities In tech 1 will […]

No US Recession in Sight, Talk is ‘Nonsense’

No US Recession in Sight, Talk is ‘Nonsense’

No US Recession in Sight, Talk is ‘Nonsense’ $SPY Rejecting economic speculation the correcting stock market is signaling an oncoming recession, White House chief economic adviser Larry Kudlow called the talk “nonsense” and added “recession is so far in the distance I cannot see it.” “I am reading some of the weirdest stuff about how […]

Investors Focused on Retail Sales and Wages

Investors Focused on Retail Sales and Wages

Investors Focused on Retail Sales and Wages $WMT, $M, $MCD, $AMZN, $CMG Amidst overall strong Quarterly results, rising labor costs are a growing concern, with more than 12 companies in the S&P 500 mentioning them in conference calls so far this earnings season. Next week, several retailers including Walmart (NYSE:WMT) and Macy’s (NYSE:M) are due […]

The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports $AAL, $BIO, $CMA, $CREE, $DAL, $GS, $IBM, $NTAP 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 main issues for Thursday, as […]

A “Red Wave” in November Means More Tax Cuts for Americans

A “Red Wave” in November Means More Tax Cuts for Americans

A “Red Wave” in November Means More Tax Cuts for Americans $DIA, $SPY, $QQQ, $RUTX, $VXX A “Red Wave” in the November midterm elections means “tax cuts 2.0” GOP voter enthusiasm is powered by support for Supreme Court nominee Brett Kavanaugh Financial stocks are rallying for a 2nd day running as 10-year T-Note yields top […]

 Stock Buybacks Up 50% to $384-B

 Stock Buybacks Up 50% to $384-B

 Stock Buybacks Up 50% to $384-B $AAPL, $GS, $SPY The biggest use of cash among S&P 500 companies is making their public footprints smaller, a strategy that is paid dividends in 2018. According to Goldman Sachs (NYSE:GS), aggregate share repurchases aka buybacks, rose by nearly 50% to $384-B in 1-H of Y 2018. That tops […]

Economist are Bullish on Global Growth

Economist are Bullish on Global Growth

Economist are Bullish on Global Growth $SPY, $MME=F, $GS,$JPM, $C, $BAC, $DB Wall Street economists are sticking with their forecasts for the global economy to enjoy its strongest growth since the start of the decade even as emerging markets wobble and trade disputes escalate. The Big Q: The reason? The Bit A: The US is […]

Wall Street’s Red Lights Flashing on Tesla’s (NASDAQ:TSLA) Ability to Pay Debt

Wall Street’s Red Lights Flashing on Tesla’s (NASDAQ:TSLA) Ability to Pay Debt

Wall Street’s Red Lights Flashing on Tesla’s (NASDAQ:TSLA) Ability to Pay Debt $TSLA Tesla’s (NASDAQ:TSLA) stock price and CEO, Elon Musk are getting the headlines, but the real story looks to be the steep decline in the value of the EV maker’s bonds. $1.8-B of Tesla bonds due in August 2025 marked a record low Friday. The bonds […]

Institutional Investors to Launch Services Dedicated to Cryptocurrencies 

Institutional Investors to Launch Services Dedicated to Cryptocurrencies 

Institutional Investors to Launch Services Dedicated to Cryptocurrencies $BTCUSD, $BLK, $GS, $C, $ICE, $JPM The rejections by the US Securities and Exchange Commission (SEC) for the Bitcoin-based ETFs exchange traded funds is no deterrent to aspiring firms hopeful of launching the long-awaited cryptocurrency product. Leading cryptocurrency exchange operator Coinbase has emerged as the latest contender in the race to launch a cryptocurrency […]

Bitcoin Tracker One, Ether Tracker One Trading Suspended

Bitcoin Tracker One, Ether Tracker One Trading Suspended

Bitcoin Tracker One, Ether Tracker One Trading Suspended $CXBTF, $CETHF Bitcoin is still viewed with a jaundiced eye by Wall Street business titans. The Securities and Exchange Commission announced Sunday suspensions in trading of the securities Bitcoin Tracker One CXBTF, -2.38% and Ether Tracker One CETHF. In a statement, the SEC said trading was suspended as of 5:30p. EDT […]

Mercedes Unveils EV SUV, Goldman Sachs says ‘sell’ Tesla

Mercedes Unveils EV SUV, Goldman Sachs says ‘sell’ Tesla

Mercedes Unveils EV SUV, Goldman Sachs says ‘sell’ Tesla $TSLA, $DDAIF, $GS Heavy pressure is bearing down on Elon Musk and Tesla (NASDAQ:TSLA). CEO Musk is shouldering a production Hell, cash crunch, the ‘420’ Twitter-induced drama, and now competition from 1 of the most powerful manufactures in the automotive sector is bring to market its […]

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk’s Credibility is ‘Shot’

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk’s Credibility is ‘Shot’

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk’s Credibility is ‘Shot’ $TSLA At 1st came the ‘420’ Tweet that funding was secured and Tesla (NASDAQ:TSLA) may go private, then a statement that the money was not locked down after all. Then about 3 weeks later blogs that he cannot do it, so the deal is off. Welcome to […]

Tesla’s (NASDAQ:TSLA) Chairman said His EV Company “will remain public”

Tesla’s (NASDAQ:TSLA) Chairman said His EV Company “will remain public”

Tesla’s (NASDAQ:TSLA) Chairman said His EV Company “will remain public” $TSLA Late Friday When Wall Street Was Asleep, Musk Declared Tesla Will Remain Public Almost 3 weeks ago on 7 August, (NASDAQ:TSLA) Tesla’s CEO, Elon Musk, Tweeted from his care while driving to the airport, that he was planning to take the company private in […]

Elon Musk, Not Tesla (NASDAQ:TSLA), Engaged Morgan Stanley to Assist in ‘420’ Proposal

Elon Musk, Not Tesla (NASDAQ:TSLA), Engaged Morgan Stanley to Assist in ‘420’ Proposal

Elon Musk, Not Tesla (NASDAQ:TSLA), Engaged Morgan Stanley to Assist in ‘420’ Proposal $TSLA, $MS, $GS Elon Musk, 47 anni, has engaged Morgan Stanley (NYSE:MS) to assist him in his potential bid to take Tesla (NASDAQ:TSLA) private. Morgan Stanley is advising Mr. Musk, not Tesla, its board or a special board committee formed to to […]

Tesla’s (NASDAQ:TSLA) Institutional Investors Backing Away

Tesla’s (NASDAQ:TSLA) Institutional Investors Backing Away

Tesla’s (NASDAQ:TSLA) Institutional Investors Backing Away $TSLA, $MS, $GS Tesla (NASDAQ:TSLA) CEO Elon Musk’s ‘420’ bid to take the fledgling EV maker private has taken another turn that has triggered trading chaos, as Morgan Stanley became the 2nd firm to suspend coverage of the stock. Recall that last week Goldman Sachs announced that it removed its Tesla […]

SEC’s Scrutiny of Tesla (NASDAQ:TSLA) and Elon Musk Expands

SEC’s Scrutiny of Tesla (NASDAQ:TSLA) and Elon Musk Expands

SEC’s Scrutiny of Tesla (NASDAQ:TSLA) and Elon Musk Expands $TSLA The US Securities and Exchange Commission has sent subpoenas to Tesla Inc (NASDAQ:TSLA) regarding CEO Elon Musk’s ‘420’ plan to take the company private and his statement that funding was “secured.” The fledgling EV makers shares fell as much as 4% but cut their losses […]

US Bank Shares Off on Fears of Turkey’s Lira Dive

US Bank Shares Off on Fears of Turkey’s Lira Dive

US Bank Shares Off on Fears of Turkey’s Lira Dive $GS, $BAC, $BK Monday, US bank shares fell for a 3rd straight session running as investor appetite for risk weakened on worries that a currency crisis in Turkey would spread to other countries. The Turkish Lira has collapsed on concerns about President Tayyip Erdogan’s increasing […]

S&P 500 Companies Stock Buybacks to Hit $1-T this Year

S&P 500 Companies Stock Buybacks to Hit $1-T this Year

S&P 500 Companies Stock Buybacks to Hit $1-T this Year $DIA, $SPY, $QQQ, $RUTX, $VXX Investors should focus on the $1-T number that will have a Key influence on the market, total buyback authorizations. Last week investors focused on Apple Inc.’s (NASDAQ:AAPL) value. But another trillion-dollar threshold is coming soon, and is more relevant to […]

‘Goldie’ says, Expect Further Declines in Cryptocurrencies

‘Goldie’ says, Expect Further Declines in Cryptocurrencies

‘Goldie’ says, Expect Further Declines in Cryptocurrencies $BTCUSD, $ETHUSD, $GS, $WFC Cryptocurrencies do not fulfill any of the traditional roles of a currency, says Goldman Sachs Bitcoin is looking to consolidate the recent momentum that has seen the # 1 digital currency rise by more than 40% since the beginning of July. Monday afternoon’s declines […]

Bitcoin Stable As Big Players Enter the Digital Currency Sector

Bitcoin Stable As Big Players Enter the Digital Currency Sector

Bitcoin Stable As Big Players Enter the Digital Currency Sector $BTCUSD, $CME, $CBOE, $BLK Bitcoin rallies 5% as BlackRock reportedly weighs crypto venture Bitcoin opened higher, climbing as much nearly 6%, following reports that the world’s largest asset manager was considering a push into the digital-currency market. Monday, it was reported that BlackRock (NYSE:BLK), which […]

Dutch ‘Speed Trader’ Jumps in Cryptocurrencies

Dutch ‘Speed Trader’ Jumps in Cryptocurrencies

Dutch ‘Speed Trader’ Jumps in Cryptocurrencies $BTCUSD, $ETHUSD The EU’s largest trader of ETFs has moved into cryptocurrencies, ignoring regulator’s cautioning consumers and institutions not to buy or sell digital currencies. The Amsterdam-based speed trader Flow Traders NV is making markets in the 1st exchange-traded notes based on Bitcoin and Ether. XBT Provider, an issuer of […]

Tesla (NASDAQ:TSLA) Demanding More Deposit Money on M3 Orders

Tesla (NASDAQ:TSLA) Demanding More Deposit Money on M3 Orders

Tesla (NASDAQ:TSLA) Demanding More Deposit Money on M3 Orders $TSLA This week, nascent EV maker, Tesla (NASDAQ:TSLA) sent out e-Mails to all reservation holders of its M3 sedan to confirm their orders and configure their vehicles and send in another $2,500. This comes as CEO Elon Musk is scrambling to drive up production of the […]

Big Banks Pass Fed ‘Stress Test’, Financial Sector Finishes Higher

Big Banks Pass Fed ‘Stress Test’, Financial Sector Finishes Higher

Big Banks Pass Fed ‘Stress Test’, Financial Sector Finishes Higher $DIA, $SPY, $QQQ, $RUTX, $VXX Shares in the biggest US banks rose Friday after the Fed completed its annual stress test giving financial institutions the go-ahead for plans to return capital to investors through dividends and buybacks. The S&P 500 bank sector index was last […]

Why Bitcoin Should Work

Why Bitcoin Should Work

Why Bitcoin Should Work  $GS, $BTCUSD In a recent interview at the Economic Club of New York, Goldman Sachs CEO, Loyd Blankfein, said he adopted a cautiously positive tone towards bitcoin, terming it a “consensus currency” similar to fiat currencies. He had criticized bitcoin last November and called it a “vehicle to perpetrate fraud.” CEO […]

Trade Negotiations: Investors Agree, the US Will Win

Trade Negotiations: Investors Agree, the US Will Win

Trade Negotiations: Investors Agree, the US Will Win $DIA, $SPY, $QQQ, $RUTX, $N300, $VXX Trade disputes are good and easy to win. Chinese stocks weak American stocks stronger. That is the view from financial markets as the tariff dust-up between China and the US shows increasing signs of impacting stock prices. While broad measures of […]

Goldman Sachs (NYSE:GS) May Extend Digital Assets Trading

Goldman Sachs (NYSE:GS) May Extend Digital Assets Trading

Goldman Sachs (NYSE:GS) May Extend Digital Assets Trading $BTCUSD, $GS, $CME, $CBOE The price of cryptocurrencies rebounded Wednesday on reports that Goldman Sachs (NYSE:GS) may expand the digital assets that it intends on trading on its cryptocurency platform signaling renewed optimism in the nascent market. Currently, Bitcoin is trading at 6,749.2549,+118.38, or +1.79%, as of 2:39a […]

ICE (NYSE:ICE) and the Future of Bitcoin Trading

ICE (NYSE:ICE) and the Future of Bitcoin Trading

ICE (NYSE:ICE) and the Future of Bitcoin Trading $BTCUSD, $ICE, $GS, $CME, $CBOT, $NDAQ It was reported that the Intercontinental Exchange (NYSE:ICE), parent company of the New York Stock Exchange (NYSE), is developing an online trading platform that would allow large investors to trade Bitcoin directly. For a large financial institution such as ICE or […]

The Crypto Sector Maintained Momentum, Bulls in Charge

The Crypto Sector Maintained Momentum, Bulls in Charge

The Crypto Sector Maintained Momentum, Bulls in Charge $BTCUSD, $ETHUSD Thursday, the cryptocurrency sector maintained its Bullish momentum, with most major currencies trading up by more than 3% on the day. Below is a look at what moved the cryptocurrency market Thursday, as follows; Goldman Sachs Group, Inc (NYSE:GS) officially announced it’s opening a cryptocurrency trading desk. Despite […]

Goldman Sachs’ (NYSE:GS) Beats ‘The Street’

Goldman Sachs’ (NYSE:GS) Beats ‘The Street’

Goldman Sachs’ (NYSE:GS) Beats ‘The Street’ $GS Tuesday, Goldman Sachs Group Inc (NYSE:GS) beat Wall Street’s expectations for Quarterly profit driven by a rise in trading revenue and higher fees from debt and equity underwriting. The leading Wall Street bank’s trading revenue jumped 30% from a year earlier when it reported a 2% fall, hurt […]

Wall Street Banks See US Economy Growing to 4%, Not Collapsing

Wall Street Banks See US Economy Growing to 4%, Not Collapsing

Wall Street Banks See US Economy Growing to 4%, Not Collapsing $GS, $MS, $DB, $BAC, $HSBC, $JPM US Economy Continues to Boom under President Trump The International Monetary Fund (IMF) conducts its semi-annual health check of the world economy this week with investors worried that global growth is starting to fade after accelerating the most […]

Regulatory Rule Change Seen Coming to Allow Bitcoin ETFs

Regulatory Rule Change Seen Coming to Allow Bitcoin ETFs

Regulatory Rule Change Seen Coming to Allow Bitcoin ETFs $BTCUSD, $CBOE, $CME The US Securities and Exchange Commission (SEC) is considering a rule change that may allow bitcoin  ETFs to be listed on exchanges. According to a document posted on the SEC website, the agency has begun the process to approve or disapprove a change in its rules that allows 2 […]

Stocks Declined Globally as Expected, FB a Non-issue

Stocks Declined Globally as Expected, FB a Non-issue

Stocks Declined Globally as Expected, FB a Non-issue $DIA, $SPY, $QQQ, $VXX Monday, stocks declined globally as expected, as a technology selloff sent the NAS indexes South of their lofty highs. Government bonds pared losses, Sterling rose on a Brexit breakthrough. Reports of a Facebook Inc. (NASDAQ:FB) data breach and Apple Inc. (NASDAQ:AAPL) efforts to […]

Goldie Sees Bitcoin Falling Below February Lows

Goldie Sees Bitcoin Falling Below February Lows

Goldie Sees Bitcoin Falling Below February Lows $BTCUSD Bitcoin, the world’s largest cryptocurrency by market capitalization, continues its volatile run as it again falls below its $10,000 price 1st reached at the end of Y 2017. Despite its more than 50% loss since highs reached in mid December, the digital coin is still up about 650% over the […]

Bitcoin: The Bulls Vs The Bears

Bitcoin: The Bulls Vs The Bears

Bitcoin: The Bulls Vs The Bears $BTCUSD Daily Bitcoin is in the headlines, positive sentiment is intact, and the price is in an uptrend after its recent correction. Currently Bitcoin is trading at: 11,324.9951, +29.9902, or +0.27%, at the close: 12:39p GMT Consider that 59% of last year’s ICO’s have failed or are failing, encouraging some triumphant “I […]

Goldman Sachs (NYSE:GS) Buys into Digital Currency

Goldman Sachs (NYSE:GS) Buys into Digital Currency

Goldman Sachs (NYSE:GS)Buys into Digital Currency $BTCUSD, $GS Bitcoin rose back to $10,000 as the purchase of one of the bigger digital token exchanges by a more established financial services company bolstered expectations for wider mainstream acceptance of cryptocurrencies. Circle Internet Financial Ltd., a closely held firm backed by Goldman Sachs Group Inc.(NYSE:GS), said it […]

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $AXP, $CSCO, $FSLR, $GS Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Street’s Top analysts outlook for Key issues for Tuesday, as […]

The Goldman Sachs Group, Inc. (GS) Bearish Divergence

The Goldman Sachs Group, Inc. (GS) Bearish Divergence

The Goldman Sachs Group, Inc. (GS) Bearish Divergence Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 266.21. The projected lower bound is: 251.28. The projected closing price is: 258.74. Candlesticks A […]

Big Banks See Trump Tax Reform Benefits, Will Pass Them on to Employees and Stakeholders

Big Banks See Trump Tax Reform Benefits, Will Pass Them on to Employees and Stakeholders

Big Banks See Trump Tax Reform Benefits, Will Pass Them on to Employees and Stakeholders $JPM, $WFC, $BAC, $C, $GS JPMorgan (NYSE:JPM) and Wells Fargo (NYSE:WFC) indicated Friday that they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business. The comments came as the  […]

America is Thriving, as The ‘Trump Effect’ Gains Traction

America is Thriving, as The ‘Trump Effect’ Gains Traction

America is Thriving, as The ‘Trump Effect’ Gains Traction $GS, $MCO Companies across the USA are enjoying a major boost from The Trump Administration’s tax reform package, which is expected to translate into job creation and higher wages, according to a new report. Goldman Sachs Group Inc. (NYSE:GS) economist Jan Hatzius, predicts GDP growth and […]

The Trump Stock Market Rally Defied the Naysayers in 2017

The Trump Stock Market Rally Defied the Naysayers in 2017

The Trump Stock Market Rally Defied the Naysayers in 2017 $DIA, $SPY, $QQQ, $VXX Year 2017 was  full of surprises but market reactions defied conventional wisdom, leaving many a prognosticator 180 degrees out of phase.. Take the global economy; it was strong, yet bond yields went nowhere. NKorea threatened nuclear war, and volatility in US […]

American Companies Counting Benefits from President Trump’s Tax Cuts

American Companies Counting Benefits from President Trump’s Tax Cuts

American Companies Counting Benefits from President Trump’s Tax Cuts $WFC, $GS, $AAPL, $GOOGL US Craft breweries are raising a glass to the Republicans’ new tax overhaul: It cuts the excise tax on beer. US Retailers, long saddled with heavy tax bills, will get relief. So will some high-profile names in corporate finance, led by Wells […]