$KGJI #USA #China #Gold #FakeGold #Stocks #StrongSell Lenders to the Nasdaq-listed jewellery maker reportedly have discovered that 83 tons of gold used to borrow billions appear to be copper alloy bars Kingold JewelryTicker: NASDAQ:KGJIPrice: $0.4845Recommendation: Strong Sell Company News U.S. Securities and Exchange Commission is due on Thursday to start hearings on the risks of […]
#gold #miners #precious #metals #gold #silver # investors #pattern #coronavirus #bullish $HUI $GDX $RING $SGDM $GDXJ The rising prices of precious metals since March have boosted the mining sector and now we are seeing sharp Northside ticks across many Key mining funds. Here we look at some of them to get an idea of the […]
$GD #USA #NYSE #GeneralDynamics #Aerospace #ShayneHeffernan General Dynamics Will Creates Huge Revenue by 2026 General DynamicsTicker: NYSE:GDPrice: $147.30Recommendation: Strong BuyTarget Price: $169.24Current Long-Term Growth: 4.34% Company News General Dynamics Corp.’s GD electric Boat division recently secured an $869-million modification contract for providing designing and engineering support to the Columbia class fleet ballistic missile submarines (SSBNs). […]
$MRK #USA #NYSE #Stocks #Merck #Medical #Covid #ShayneHeffernan Earnings Surprise Streak Could Continue MerckTicker: NYSE:MRKPrice: $78.78Recommendation: Strong BuyTarget Price: $93.00Current Long-Term Growth: 6.00% Company Information If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly […]
$BAX #USA #NYSE #Stocks #Baxter #Medical #Covid #ShayneHeffernan BaxterTicker: NYSE:BAXPrice: $87.21Recommendation: BuyTarget Price: $97.47Long-Term Growth: 9.67% Business Summary Baxter International Inc., through its subsidiaries, provides renal and hospital products. The Company operates through two segments: Hospital Products and Renal. Its Hospital Products business manufactures sterile intravenous (IV) solutions and administration sets, premixed drugs and drug-reconstitution […]
$NOVN.SW #Switzerland #CHF #Stocks #MedicalResearch A global healthcare company based in Switzerland NovartisTicker: NOVN.SWPrice: CHF82.38Recommendation: BuyTarget Price: CHF97.26 Company News Novartis AG (NYSE: NVS) said it has finalized its previously disclosed agreement with the U.S. Attorney’s Office for the Southern District of New York, the New York State attorney general and relator Oswald Bilotta resolving a civil […]
$OGEN #USA #NYSE #Stocks #MedicalResearch #ShayneHeffernan OragenicsTicker: NYSE:OGENPrice: $0.75Recommendation: BuyTarget Price: $2.50 Business Summary Oragenics, Inc. is a healthcare company. The Company is focused on developing treatments for oral mucositis and novel antibiotics against infectious disease. The Company is focused on developing of the TerraCoV2 immunization product candidate. The Company’s product candidate includes, OG716, as […]
$COE #USA #China #Education #Stocks #ChinaOnlineEducation China Online Education Group has experienced an increase in hedge fund sentiment of late China Online EducationTicker: NYSE:COEPrice: $25.25Recommendation: BuyTarget Price: $37.00 Business Summary China Online Education Group is a China-based company principally engaged in the provision of online English language education services. The Company operates an online education platform […]
$CHA #USA #NYSE #China #Stocks #ChinaTelecom #ShayneHeffernan China Telecom looks to 5G SA to fuel quantum leap China TelecomTicker: NYSE:CHAPrice: $29.42Recommendation: BuyTarget Price: $48.92 Company News China telecom chairman and CEO Ke Ruiwen backed standalone (SA) 5G to lead major changes across society, helping to power advanced IT platforms and fuel the digital economy. During […]
$NOAH #USA #NYSE #Stocks #Noah #ShayneHeffernan Designed to cater to the needs of China’s high net worth population Noah HoldingsTicker: NYSE:NOAHPrice: $25.29Recommendation: BuyTarget Price: $35.92 Business Summary Noah Holdings Limited is a wealth management service provider with a focus on global wealth investment and asset allocation services for high net worth individuals and enterprises in […]
$ALVIV.PA #France #Paris #Stocks #ITServices #Consulting #ShayneHeffernan VisiativTicker: ALVIV.PAPrice: EUR17.08Recommendation: Strong BuyTarget Price: EUR24.50 Organic growth of +4% for the VISIATIV PLATFORM division An increase of +20% in international sales (+11% in organic growth) Recurrent revenues rose to 66% of total revenues Lightly traded stock Business Summary Visiativ SA is a France-based company engaged in […]
$000425.SZ #China #Shenzen #Stocks #Construction #ShayneHeffernan From “manufacturing” to “smart manufacturing”, XCMG ranks fourth place on the Yellow Table 2020 XCMG ConstructionTicker: 000425.SZPrice: CNY6.11Recommendation: BuyTarget Price: CNY6.84 Company News On May 18th, British publisher KHL Group released the Yellow Table 2020. The top 50 companies listed in the Yellow Table 2020 represent a total revenue […]
$MOGU #USA #NYSE #MOGU #Fashion #SocialMedia #China #Stocks Make fashion accessible to everyone MOGUTicker: NYSE:MOGUPrice: $1.80Recommendation: BuyTarget Price: $3.20 Business Summary Mogu, Inc. is an online fashion and lifestyle e-commerce company. The Company enables its customers to purchase online fashion and lifestyle apparel items from its Website. The Company has developed an artificial intelligence-based online […]
$NFH #USA #NYSE #MedicalResearch #NewFrontier #ShayneHeffernan New Frontier Health is on a mission to building China’s next generation of healthcare and senior care infrastructure New Frontier HealthTicker: NYSE:NFHPrice: $8.28Recommendation: BuyTarget Price: $12.30 Company Information New Frontier Health (NFH) was founded to deliver high quality and comprehensive healthcare services across China, and to capitalize on growth opportunities […]
$CTXR #NASDAQ #Stocks #Shayne Heffernan #StrongBuy #MedicalResearch Rallies on accelerated review prospects for stem cells for COVID-19 Citius PharmaceuticalsTicker: NASDAQ:CTXRPrice: $1.38Recommendation: Strong BuyTarget Price: $5.50 Company News Citius Pharmaceuticals, Inc. (CTXR) said it has received a written response from the FDA with respect to the company’s pre-investigational new drug application for induced mesenchymal stem cells […]
Top Economist Shayne Heffernan Betting on Lockheed Martin Corporation (NYSE:LMT) $LMT #Stocks #Areospace #Defense Right Now Lockheed paid suppliers $1.1 billion, added 8,300 jobs since pandemic Lockheed Martin CorporationTicker: NYSE:LMTPrice: $356.76Recommendation: Buy Sector Outlook Global Defense Spending has been on a major upswing over the recent years spurred by the return of the great power […]
China Wafer Level CSP Co., Ltd. (603005.SS) $603005.SS #China #Stocks #Semiconductors Good Value Stock Worth Looking At Rise in demand for miniaturization of devices and improved system performances and optimization of advances packaging drive the global advanced packaging market China Wafer Level CSPTicker: 603005.SSPrice: CNY78.50Recommendation: Strong Buy Sector Outlook The global advanced packaging industry was pegged at $29.42 […]
Ningbo Orient Wires & Cables Co.,Ltd. (603606.SS) $ 603606.SS #China #Stocks #Electrial #Components Undervalued No. 1 High Voltage Submarine Power Cable in China Ningbo Orient Wires & CablesTicker: 603606.SSPrice: CNY14.12Recommendation: Buy Sector Outlook The global high voltage cables market size was valued at $14.6 billion in 2019, and is projected to reach $23.4 billion by […]
Chiasma, Inc. (NASDAQ:CHMA) $CHMA #Stocks #Pharmaceuticals Worth a Look Chiasma is a clinical, late-stage biopharmaceutical company ChiasmaTicker: NASDAQ:CHMAPrice: $6.57Recommendation: Buy Company News Today the FDA is also expected to rule on Chiasma Inc’s (NASDAQ: CHMA) NDA for Mycapssa, which is being evaluated as a maintenance therapy for acromegaly. Business Summary Chiasma, Inc. is a biopharmaceutical company. The Company […]
Northrop Grumman Corporation (NYSE:NOC) $NOC #Stocks #Aerospace #Defense Buy on Dips Wins Air Force Deal to Upgrade F-16 Program Northrop GrummanTicker: NYSE:NOCPrice: $301.75Recommendation: Strong Buy Sector Outlook Global Defense spending has been on a serious upswing over the recent years spurred by the return of the great power competition amongst the leading world powers. The […]
Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) $IOVA #Stocks #biopharmaceutical #MedicalStocks #Healthcarenews Buy at $23, Sell at $47 IOVA’s tumour infiltrating lymphocyte (TIL) therapy showed promising efficacy in metastatic melanoma Iovance BiotherapeuticsTicker: NASDAQ:IOVAPrice: $28.69Recommendation: Buy Sector News It is sad, but cancer is a pervasive illness that has affected 16% of the population of the world. In order […]
Idera Pharmaceuticals, Inc. (NASDAQ:IDRA) $IDRA #Stocks Is a Speculation That Could Pay Off Big This Sector is Just Heating Up Idera PharmaceuticalsTicker: NASDAQ:IDRAPrice: $1.85 Idera Pharmaceuticals, Inc. (Nasdaq: IDRA; the “Company”) announced preliminary data from the first 10 patients in the safety cohort of ILLUMINATE-206, a Phase 2, open-label, multi-center study to evaluate tilsotolimod in combination […]
BAE Systems plc (BA.L) $BA.L #Stocks Under-the-Radar Stock Ready to Bounce May See a Big Move BAE SystemsTicker: BA.LPrice: GBP 509.00 BAE Systems has been awarded a contract worth almost £2 million to provide six Pacific 24 (P24) Rigid Inflatable Boats (RIBs) to Austal, based in Australia. The RIBs, built and customised in BAE Systems’ […]
NovaGold Resources Inc. (NYSE:NG) $NG The Ultimate Recession Hedge Novagold is the best leveraged pure gold play NovaGold ResourcesTicker: NYSE:NGPrice: $8.77 Central banks around the world have been debasing currencies since the Great Recession. In this environment, there is a strong case to have a meaningful allocation to gold in your portfolio to hedge currency […]
Samsung Electronics Co., Ltd. (005930.KS) $005930 HEFFX Shayne Heffernan Strong Buy Stock Samsung ElectronicsTicker: 005930.KSPrice: KRW 51,400 Samsung Demonstrates New Drone-Based AI Solution to Optimize 5G Network Performance Samsung Electronics today announced a successful demonstration of its new drone-based antenna configuration measurement solution for 4G and 5G networks in the company’s campus. This automated solution […]
SK Telecom Co.,Ltd (017670.KS) $017670 Evolution Beyond 5G SK TelecomTicker: 017670.KSPrice: KRW 206,500 South Korea’s SK telecom (017670.KS) has invested $20 million in Nanox, enabling the Israeli medical imaging company to close a $51 million funding round. This investment brings to $80 million the amount raised from strategic partners Foxconn, FujiFilm and others. In addition, […]
Rothschild & Co SCA (ROTH.PA) Strong Buy, Currently Undervalued Rothschild & CoTicker: ROTH.PAPrice: EUR 19.60 Business Summary Rothschild & Co SCA, formerly Paris Orleans SA is a France-based firm that focuses on two core businesses: banking and private equity activities. Banking activities includes investment banking and third-party asset management. These businesses are owned by the […]
General Motors Company (NYSE:GM) Making a V-Shaped Recovery The US auto market is back on track as fast as it fell, making the V-shaped recovery real General MotorsTicker: NYSE:GMPrice: $26.59 New vehicle sales and used vehicle prices are recovering in May and June almost as fast as they declined in March and April, according to […]
$DIA $SPY $QQQ $RUTX “The financial market is a reflection of the world it operates in, the essential meaning of the wisdom of money in action, expressed through buying and selling companies’ shares, it is always right.” Economist John Maynard Keynes likened the stock market to a beauty contest in which competitors try to pick […]
Reabold Resources Plc (RBD.L) Top Stock For Core Growth Investment Strategy Reabold Resources expected to grow at an above-average rate compared to the industry Reabold ResourcesTicker: RBD.LPrice: GBP 0.61 Business Summary Reabold Resources PLC is a United Kingdom-based investment holding company. The Company is focused on investing in upstream oil & gas projects. The Company’s […]
Kinross Gold Corporation (K.TO) Expected to Rise in August/September Rated As Best Value Gold Stock Kinross Gold CorporationTicker: K.TOPrice: CAD 8.51 Kinross Gold Corporation KGC has reached an agreement with the government of mauritania to enhance their partnership. Per the terms of the deal, Kinross will receive a 30-year exploitation license for Tasiast Sud from […]
$GLD $XAU $USD The US once was on a gold standard. This meant people could exchange their Bucks for a fixed amount of gold. The US moved away from a strict gold standard in the 1930’s, and President Nixon abandoned it altogether in Y 1971. Since then, the USD has been a “fiat currency.” Meaning […]
The COVID-19 coronavirus lockdown is having a huge impact on the US economy, but on the reopening it is very likely that we will see a strong comeback. “The 2nd quarter is pretty awful,” former Fed Chairman Alan Greenspan said Tuesday in a TV interview. “But if the issue of the virus works its way as […]
Shayne and I expect to see an increase in risk-on exposures as money managers are now positioning for a slowing rate of coronavirus contagion growth. Despite the buying by some aggressively Bullish hedge funds, macro hedge funds, which place bets on macroeconomic trends using index, currency and interest rate strategies, are still sellers. So, now […]
$DIA $SPY $QQQ $RUTX $GLD $XAU $USO $VXX Wow, what a week it was, it really was! Technical Analysis: The move Thursday was not encouraging for a continued relief move, much less anything else. The Big Qs: Was it the end of the relief move? Would the jobs report help spring the move higher, given that […]
$DIA $SPY $QQQ $RUTX $VXX Last week Late Friday, the stock market put up a fight, on the close it was the worst week for equities since late Y 2008, as the S&P 500 (-0.8%) gave back 11.5% since the prior Friday, recording its 7th day running of losses, falling to its lowest level since […]
$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 […]
$DIA $SPY $QQQ $RUTX $VXX Last Friday’s Action Stocks recovered but struggled late in the day as the Fed, after a big repurchase operation in the am, said it will reduce the amount of the repos. The overnight repo saw $45.85-B in demand pasting the Fed’s offer. The 2-wk repo saw $59.02-B Vs the $30-B […]
$DIA $SPY $QQQ $RUTX $VXX DJIA futures are little changed Sunday night, along with S&P 500 futures and NAS Comp futures. The stock market rally showed surprising strength last week, but it is not unprecedented. The stock market rally’s instant recovery from the coronavirus sell-off was surprising. Normally, when the stock market sells off fast, […]
$DIA $SPY $QQQ $RUTX $VXX We are deep in earnings season. Stay tuned daily. What happened last week Facebook (NASDAQ:FB) struggled as caught a bid and rallied The DJIA and the S&P 400 tested the 50-Day MA, but the NAS Comp and S&P 500 did not, but rebounded.Q-4 GDP came in at 2.1% the slowest […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, $GLD, $XAU, $USO Last Week Stock action has improved with low to high gains and the stocks that stumbled Wednesday have showed stronger action. There has been excellent action in response to good earnings both during the trading session and after-hours. Bonds rallied, gold has risen and Crude Oil has […]
QUALCOMM Incorporated (NASDAQ:QCOM) 2020 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 63.77. The projected upper bound is: 110.50. The projected lower bound is: 68.48. The projected closing price is: 89.49. Candlesticks A black body […]
$PAG, $DDAIF, $FWONK Roger Penske has called rumors that he is looking at buying the Mercedes Formula 1 team “absolutely not true“. A report in Germany has linked the American businessman with the team amid confirmation from Mercedes that it has yet to decide its future in F1 post-2020. Toto Wolff believes Mercedes will remain, […]
Japanese giant SoftBank Group suffered an operating loss of $6.4 billion in the second quarter, it said Wednesday, as investments in start-ups such as WeWork and Uber took a massive hit. In the three-month period ending September 30, operating losses hit a whopping 704.4 billion yen ($6.4 billion). The firm said first-half operating losses from […]
$SPY, $SPX, $SPLRCT, $USD, $EUR, US companies are preparing to report Q-3 earnings following a few months grappling with a US-China trade conflict undermining the business environment and an overall economy that has been showing signs of slowing. Among S&P 500 (SPX) earnings for the July-September frame look set to mark the weakest performance in […]
Sterling rebounded today after British lawmakers seized control of the parliamentary timetable to try to block a no-deal Brexit. The gain, which followed the pound slumping to a three-year low yesterday, is likely to precede more big price swings in the currency as the battle over Brexit enters another crucial phase. Lawmakers who defeated Prime […]
For 5,000 years, gold has proven its status as the ultimate store of value. Today’s investors rush to buy the precious metal at the faintest market uncertainty. Over the past decade, global central banks have joined the gold rush. The volumes of gold gobbled by regulators across the world in 2018 reached the second highest […]
Gold futures posted a potentially bearish closing price reversal top last week. Although the chart pattern does not indicate a change in the main trend, it does signal that the selling is greater than the buying at current price levels. The catalyst behind the selling pressure was the stronger U.S. Dollar. A steep plunge in […]
The Australian share market looks set to start the week on a subdued note. According to the latest SPI futures, the ASX 200 index is poised to open the day 5 points or 0.1% lower this morning. On Wall Street the Dow Jones rose 0.15% higher, the S&P 500 index rose 0.05%, and the Nasdaq […]
Gold prices are modestly higher in early U.S. trading Thursday, but silver continues to power ahead with sharp gains to hit another more-than-two-year high overnight. Safe-haven demand and technical buying continue to be featured in both metals. December gold futures were last up $4.60 an ounce at 1,553.70. December Comex silver prices were last up $0.279 at $18.74 an ounce. A slightly […]
Asian markets retreated in early trading Thursday, as geopolitical tensions and the inverted U.S. Treasury yield curve weighed on investors concerned about a global economic slowdown. U.S. Treasury Secretary Steve Mnuchin that he expects Chinese officials to travel to Washington for renewed trade negotiations, but did not give a timeline, Bloomberg News reported. He did […]
The Australian share market looks set to end the week with a bang after Chinese officials said they don’t want to escalate the trade war. According to the latest SPI futures, the ASX 200 index is poised to open the day 47 points or 0.7% higher this morning. On Wall Street the Dow Jones raced […]
Singapore: STI Index (.STI) falls on telecom, consumer stocks Philippine stocks rose over 1% on Wednesday, recovering from the previous session’s sharp fall on hopes of positive news from President Rodrigo Duterte’s visit to China, while other Southeast Asian markets were tepid amid lingering trade war worries. The benchmark Manila stock index closed 1.3% higher, […]
ASX 200 Gold 1 OZ (XAU=X) miners have launched into all-time highs The ASX 200 gold miners have launched into all-time highs as the gold spot price has soared by more than US$250/oz since May. Coupled with the low interest rate environment and weak Australian dollar, gold producers are in a prime position to make […]
Silver 1 OZ 999 NY (XAG=X) price outpaces Gold SILVER PRICES again outpaced gold in London trade Wednesday, hitting 29-month highs as the dearer precious metal held $10 below this week’s spike to new 6-year highs on a fresh fall in longer-term interest rates across the rich Western economies. US bond yields fell to new 3-year […]
China stocks down amid trade uncertainty; Hong Kong: (HSI:.HSI) inches up Chinese stocks fell on Wednesday morning amid lingering uncertainty around the Sino-U.S. trade war, as the positive impact from MSCI’s latest phase of China stock inclusion fades. The CSI300 index fell 0.4% to 3,800.04 at the end of the morning session, while the Shanghai […]
Australia: S&P/ASX 200 (ASX:.AXJO) posts gains as tech stocks shine The Australian share market has climbed modestly for a second day, buoyed by the tech sector, while the Aussie dollar has hit a 10-year low against its US counterpart. The benchmark S&P/ASX200 index finished Wednesday up 29.4 points, or 0.45 per cent, to 6,500.6 points, […]
Hong Kong: Hang Seng Index (.HSI) face their worst slumps in operating income since the 2008 Hong Kong stocks are poised for their worst quarter since 2015 and corporate earnings are unlikely to save them. After a sell-off erased more than US$600 billion from the city’s equities, attractive valuations stood as a potential bright spot. […]
The Pentagon announced Wednesday that it is terminating a troubled billion-dollar program to develop a ballistic missile interceptor, citing design problems. The Defense Department said it would seek bids for a new version of the weapons system called the Redesigned Kill Vehicle, or RKV. The program was being led by Boeing. “Ending the program was […]
Hong Kong: Hang Seng Index (.HSI) higher even as investors grappled with lingering worries over global growth Hong Kong shares edged up on Wednesday, even as investors grappled with lingering worries over global growth and political uncertainty in parts of Asia and Europe. The Hang Seng Index added 0.2% to 26,270.04 after trading in a […]
Australia: S&P/ASX 200 (ASX:.AXJO) turned skittish ahead of a key meeting of central bankers The Australian share market has given up most of its gains from Tuesday, as markets around the world turned skittish ahead of a key meeting of central bankers. The benchmark S&P/ASX200 index finished Wednesday down 61.7 points, or 0.94 per cent, […]
The Planning and Statistics Authority’s recently released data shows 51% general increase in July 2019 in number of building permits issued when compared to June this year. The Planning and Statistics Authority (PSA) published the fifty-fifth issue of the monthly statistics of Building Permits and Building Completion certificates issued by all municipalities of the […]
Hong Kong: Hang Seng Index (.HSI) returning to negative territory Stocks in Asia were mixed on Tuesday, as the People’s Bank of China published its new loan prime rates which would result in cheaper borrowing costs for companies. Mainland Chinese stocks were mixed on the day, with the Shanghai compositeshedding earlier as it slipped 0.11% to about 2,880.00. […]
Australia: S&P/ASX 200 (ASX:.AXJO) good support for the market across the board The Australian share market has enjoyed strong gains for a second straight day, with every sector advancing. The benchmark S&P/ASX200 index finished Tuesday up 77.6 points, or 1.2 per cent, to 6,545 points, while the broader All Ordinaries was up 76.9 points, or […]
BHP, the world’s biggest miner, more than doubled its annual net profit Tuesday on the back of higher iron ore prices and a rebound from significant setbacks the previous year. The resources giant posted a US$8.3 billion profit for the year to June 30, up from US$3.7 billion in the previous year when heavy impairment […]
Australia: S&P/ASX 200 (ASX:.AXJO) solid start to the week to continue The Australian share market has rallied to recoup some of last week’s stinging losses as global recession fears ease. The benchmark S&P/ASX200 index finished Monday up 61.9 points, or 0.97 per cent, to 6,467.4 points, while the broader All Ordinaries was up 64.6 points, […]
Hong Kong: Hang Seng Index (.HSI) several developments drove optimism Hong Kong and Chinese stocks are rallying on Monday after China revealed measures to protect and boost its economy. Hong Kong’s Hang Seng Index (HSI) ended up 2.2%, the biggest daily percentage gain in two months. China’s Shanghai Composite Index (SHCOMP) closed 2.1% higher, also […]
Chinese local authorities said on Monday that Guangxi Zhuang region in China foreign trade has reached USD37.51 billion in the starting 7 months of the current year, adding 23.8 percent year on year, according to Xinhua. The customs authorities of Nanning, the regional capital, said that the increase came as a 19.6 percentage points more […]
Demand for CBD is on the rise all over the world.In Europe, for example, the market is on course to grow 400% over the next four years, according to theBrightfieldGroup. “CBD is just starting to take hold in Europe, with both product availability and consumer awareness still quite limited. This is a great opportunity for […]
The consortium tasked with building the fourth bridge across the Panama Canal will be called to the National Assembly to help clear the fog surrounding the $1.4 billion project. Kayra Harding president of the Assembly’s Public Infrastructure and Channel Affairs Committee of the National Assembly,, confirmed that this week they would be citing the consortium […]
Australia: S&P/ASX 200 (ASX:.AXJO) shares are looking to open higher Following that positive global lead, ASX 200 futures jumped 41 points, or 0.6%, on Friday night pointing to a positive start to trade for the ASX later this morning. Eurozone shares and the US S&P 500 both jumped 1.4% on Friday on the back of […]
Australia: S&P/ASX 200 (ASX:.AXJO) market lost $60 billion in value, completing the wipeout of all the gains it made over the past two months The benchmark ASX 200 index closed 2.9 per cent lower at 6,408, a stunning retreat from its record high reached on July 30. It was the worst one-day fall for the benchmark […]
Hong Kong: Hang Seng Index (.HSI) lifted by property related stocks Shares in Asia were mixed Thursday afternoon as the main yield curve in U.S. Treasurys inverted, triggering fears over the state of the U.S. economy. In mainland China, stocks rose on the day following an earlier slip. The Shanghai composite gained 0.25% to 2,815.80, […]
Australia: S&P/ASX 200 (ASX:.AXJO) pointing to a fall of 113 points Wall Street stumbled on Wednesday as investors fled equities for safe-haven assets, seeking shelter amid gathering signs that a recession could be on the horizon. All three major US indexes were sharply lower as short- and long-dated Treasury yields inverted for the first time […]
Hong Kong: Hang Seng Index (.HSI) trimmed gains as bleak China economic data overshadowed U.S. President Donald Trump’s trade concession Hong Kong stocks trimmed early gains to end slightly firmer on Wednesday, as bleak China economic data overshadowed U.S. President Donald Trump’s trade concession, while protests continued to roil the island city. The Hang Seng […]
ECMC Foundation and Chloe Capital have joined forces to provide funding to women entrepreneurs at the helm of early-stage ventures. Together, the organizations are hosting a trilogy of 1-day pop-up accelerators in the following cities: Invest In Women: Future of Work & Education LOS ANGELES, CA NEW ORLEANS, LA CHARLOTTE, NC October 30, 2019 February […]
Petland is honored to once again be ranked among top-ranked franchises around the world. Entrepreneur released their rankings of the top Global Franchisees, rating Petland #24, staying in the top 25 for two years in a row. Earlier this year, Petland ranked 168 overall in the Entrepreneur Magazine’s 39th Annual Franchise 500, a ranking of North American […]
Australia: S&P/ASX 200 (ASX:.AXJO) on track for a strong open Shares in New York surged, paced by Apple, as the US said it would delay imposing tariffs on some Chinese products. That bolstered risk sentiment and puts the ASX on track for a strong open. ASX futures were up 32 points or 0.5% to 6524 […]
Hong Kong: Hang Seng Index (.HSI) protests spark capital outflow fears Apprehension over capital outflows triggered by escalating political unrest has driven Hong Kong’s stock market to its lowest this year and pressured its currency, with analysts warning of more weakness. The Hang Seng Index .HSI fell 2.1% to 25,281.30 points on Tuesday, down 16% from the […]
Hong Kong: Hang Seng Index (.HSI) looks set to be cautious after a battering last week Market sentiment looks set to be cautious on Monday after a battering last week, following China’s yuan breaching the psychological threshold of 7 against the US dollar, escalating the US-China trade war.On Friday, Chen Yuan, a former deputy governor […]
Australia: S&P/ASX 200 (ASX:.AXJO) spent most of the day in red, then jumped 12 points on close to be higher A surprise jump in BHP and banking shares during the 4pm settlement has sent the S&P/ASX 200 from being in the red at 6578 points on the closing bell to being 6 points higher at […]
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 […]
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 […]
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 […]
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, […]
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. […]
Australia: S&P/ASX 200 (ASX:.AXJO) set to plummet as markets suffered a sweeping global sell-off amid the escalation of the Sino-US trade and currency war Australian shares are set to plummet as markets suffered a sweeping global sell-off amid the escalation of the Sino-US trade and currency war. The RBA meets today but markets don’t expect […]
Hong Kong: Hang Seng Index (.HSI) plunges on strikes The Hang Seng dropped 2.9 per cent to 26,151.32 for a ninth straight day of declines. The last time when such a run happened was back in March 1997, a few months before the handover of the former British colony and before the Asian financial crisis. […]
GENTING (GENT:KL), Petronas stocks give KLCI early boost Fund buying of Genting Malaysia and Petronas-linked stocks gave the FBM KLCI an early lift on Wednesday, as investors took their cue from the firmer key Asian markets and jump in crude oil prices. At 9.06am, the KLCI was up 2.55 points or 0.15% to 1,658.22. Turnover […]
AirAsia Berhad (5099:KL) to pay at least RM40.6m in uncollected PSC to MAHB unit AirAsia will have to pay at least RM40.6 million to Malaysia Airports (Sepang) Sdn Bhd, a subsidiary of Malaysia Airports Holdings Bhd (MAHB), over unpaid passenger service charges (PSC) from July to December last year. This follows the High Court here […]
MULPHA (MITC:KL) sells Cairns hotel for A$65mil Mulpha International Bhd is selling a 4-star hotel in Cairns for A$65mil (RM187.9mil). The company, in a filing with Bursa Malaysia today, said its units in Australia have entered into a property and business asset sale agreement with JY Cairns Esplanade Hotel Pty Ltd on July 16 for […]
AirAsia Berhad (5099:KL) Teleport co-invests in EasyParcel Teleport, the rebranded cargo and logistics platform of Airasia Group Bhd has co-invested equally with Gobi Partners, a venture capital firm of around RM43.8mil (US$10.6mil) in EasyParcel, a regional e-commerce and parcel delivery player, to scale online parcel delivery services. Teleport is a wholly owned subsidiary of AirAsia Group, […]
First Citizens BancShares, Inc. (OTC:FCNCB) Weekly Technical Update Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a correction towards 372.80. The projected upper bound is: 410.08. The projected lower bound is: 360.12. The projected closing price is: 385.10. Candlesticks A big white candle occurred. This is generally considered bullish, […]
XR Energy, Inc. (OTC:XREG) Weekly Technical Update Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.00. The projected lower bound is: 0.00. The projected closing price is: 0.00. Candlesticks A black body occurred (because prices closed lower than they opened). During […]
Liquidmetal Technologies, Inc. (OTC:LQMT) Weekly Technical Update Overall, the bias in prices is: Downwards. The projected upper bound is: 0.12. The projected lower bound is: 0.09. The projected closing price is: 0.10. Candlesticks A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices […]
Flexpoint Sensor Systems, Inc. (OTC:FLXT) Weekly Technical Update Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 0.10. The projected lower bound is: 0.07. The projected closing price is: 0.08. Candlesticks A white body occurred (because prices closed higher than they opened). […]
RJD Green, Inc. (OTC:RJDG) Weekly Technical Update Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 0.00. The projected upper bound is: 0.01. The projected lower bound is: 0.00. The projected closing price is: 0.00. Candlesticks During […]