$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Investors and Traders in a Wait & See mode for the G-20 Summit this weekend Wednesday, President Trump said that a trade deal with Chinese President Xi is possible this weekend, but he is prepared to impose US tariffs on virtually all remaining Chinese imports if the 2 countries […]
$BTC, $FB FLASH: Bitcoin, ethereum, Ripple’s XRP, and litecoin spiked at the weekend, with the largest cryptocurrency by market capitalization, Bitcoin, eclipsing the $10,000 psych mark to highs of $11,200 on the Luxembourg-based Bitstamp exchange. Currently, Bitcoin is trading at: 11,029.28+173.29 (+1.60%)As of 6:07p BST. the market is open. Ethereum, Ripple’s XRP, and litecoin all […]
FLASH: The pattern set up for Gold looks good, and the Smart Money is betting on a break out in here, as all of our Key indicators have turned Very Bullish. Gold futures rose to a multi-year high Friday, boosted by expectations of a rate cut by the Fed at its next meeting in late […]
$SDIA, $SPY, $SOX, $QQQ The S&P 500 (SPY) approached record highs Wednesday after the Fed signaled potential interest cuts later this year, reassuring Wall Street investors worried that the US-China trade war could stall economic growth. Saying it “will act as appropriate to sustain” economic expansion, the Fed signaled rate cuts of half a percentage […]
$SPY, $SPX The FOMC meeting next week is shaping up as pivotal for Wall Street, with stocks primed for a selloff should the Fed fail to take an even more Dovish tilt after policymakers raised expectations for a rate cut in recent weeks. The benchmark S&P 500 has rallied more than 5% so far this […]
$RACE Ferrari (NYSE:RACE) is celebrating its 90th anni in racing with a special exhibition at the Ferrari Museum in Maranello, Italy opened on 5 June and will be welcoming visitors until May 2020. The Ferrari you are likely most familiar with celebrated its 70th anniversary back in Y 2017, but the Scuderia Ferrari racing outfit actually predates […]
$RACE Ferrari (NYSE:RACE) shares hit all-time highs at $155.54 for a 6th session running. And all of our technical indicators suggests more Northside is ahead for the iconic Italian luxury supercar builder. The data shows that there have been 7X’s in the stock’s history when it was trading near its 52-wk high and the indicators […]
$DIA, $SPY, $SOX, Investors heavily exposed to US stocks just had their best week YTD. But the rebound has raised several questions related to market behavior, policy and economics. How they are answered will prove consequential not only for market prospects but for the global economy. And, notwithstanding the lack of decisive answers at this stage, […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Cash is King for investors heading into Summer Increasing a cash buffer is typical during times of economic and geopolitical uncertainty. But data from global wealth managers show that stashing cash has continued at unusually high rates even as global stocks have rallied this year on conflicting signals […]
$CNY, $INTC, $QCOM The Trump Administration is considering cutting off the flow of vital American technology to 5 Chinese companies including Hangzhou Hikvision Digital Technology Co., widening the dragnet beyond Huawei to include world leaders in video surveillance. The US is deliberating whether to add Hikvision, Zhejiang Dahua Technology Co. and several unidentified others to […]
$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 […]
$RACE The shareholder make up of Ferrari (NYSE:RACE) tell us a lot about the company and which group is most powerful. Institutions often own shares in longer established companies, and it is not unusual to see insiders own a fair bit of smaller companies. Shayne and I like Ferrari because it is a business with […]
$XAU, $GLD, $XAUUSD FLASH: Strong US economic growth and subdued inflation mean there is no strong argument for a rate hike or cut right now, though business confidence is fragile, a Fed policymaker said Wednesday. “There’s not a strong case to push rates higher when inflation is under control; there’s not a strong case to […]
$BTCUSD Tuesday, Bitcoin (BTCUSD) hit its highest mark in 10 months, raising hopes among cryptocurrency fans of greater mainstream acceptance, but others urged investor caution. Bitcoin, which lost 75% of its value in Y 2018, has soared by 24% since Friday and more than 2X’d in price so far this year. Currently Bitcoin is trading […]
$ICE, $NADQ Friday, US regulators approved a new stock exchange that is the brainchild of a Silicon Valley entrepreneur, a move that will give high-growth technology companies more options to list their shares outside of the traditional New York exchanges. The US Securities and Exchange Commission (SEC) Friday approved the creation of the Long-Term Stock […]
$RACE Ferrari (NYSE:RACE) released their Q-1 earnings early Tuesday morning, and they are Super with EPS/1.08 easily beat EPS/0.88 consensus estimate and, even more impressive, revenues grew by 13%, not minus as analysts predicted. Ferrari’s numbers are not just Super, they are informative on several subjects currently on the minds of investors. I have been […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The majority of wealthy American investors are optimistic about US stocks, but are still sitting huge piles of cash, according to a UBS Group AG survey. That positive outlook holds with 57% of the survey’s US respondents. The survey, conducted in March, targeted investors with at least $1-M in […]
$GLD, $XAU, $EUR, $USD FLASH: Gold prices could still surge 20% this year as precious-metal investors and speculators are right to believe in a bright future for the commodity. One international guru told Barron’s that he considers gold at current marks of just below $1,300 oz a “bargain.” His price target for the year is […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: This Bull market has more room to Run, retail investors still on the sidelines. As investors bet on strong returns in cyclical sectors, they are also confident that US stocks at large will continue their historic Bull run. That run could be extended, we believe, as investors who remain […]
$QCOM Qualcomm (NASDAQ:QCOM) reported F-Q-2 Y 2019 results after the close Wednesday. The chip-maker posted adjusted diluted EPS of 0.77 and revenues of $4.9-B. In F-Q-2 Y 2018, Qualcomm reported EPS of 0.78 on revenues of $5.2-B. The consensus analysts’ estimates called for EPS of 0.71 and $4.8-B in revenue. The big news for Qualcomm […]
$FB Last week, Facebook (NASDAQ:FB) announced its Q-1 results, the company said it had set aside $3-B to pay for an expected fine of between $3 to 5-B from the Federal Trade Commission (FTC), and then the company’s share price rose by more than 10. The take-away: $3 to $5-B is pocket change to Facebook. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Global equities declined Wednesday, capping a 3-day winning streak after the Fed held rates steady as expected, but comments from Fed Chairman Powell cast doubt on whether the central bank’s next move would be a rate cut, as expected. The Fed left its Key interest rate unchanged Wednesday and […]
$SPY, $QQQ, $DIA US consumer spending surged 0.9% in March, the biggest gainer in about 10 years, as inflation pressures remain non-existent. The March gain was the biggest monthly increase since August 2009, the Commerce Department reported Monday. That is a big improvement after 3 months of lackluster readings in this Key segment of the economy. Consumer […]
$BTC FLASH: President Trump focusing on dark regulation at SEC The Trump Administration issued a memorandum strongly discouraging regulatory dark matter/s. The memo instructs federal agencies to submit all policy-making rules to Congress to be vetted under the Congressional Review Act, even if these rules come in the form of informal guidance. The Trump Memo […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Larry Kudlow said Thursday on TV: “I think the Fed is moving toward rate cuts. That is my view. It is true in the open market, the funds rate has traded a bit high, but I think they are moving toward rate cuts.” Note: Slowing global growth has not […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: S&P 500 and NAS Comp marked all-time closing highs The S&P 500 index closed at a record high, surpassing the highs it set last September and recouping all the ground it lost in the Fed engineered attempt to push it into a Bear market late last year. The NAS […]
$DIS, $QCOM, $AAPL, $INTC, $KMI, $NWL, $XAU We have been see over the past weeks stocks moving back to their all-time highs marked in September 2018. And are seeing the drive further North from here. A few blue chips have been surging in the past week, and are far higher than they were back in […]
$CNY China’s stock market investors are not quite ready to see Beijing scale back its efforts to support the economy. Stocks started the week lower after improving data prompted traders to pare back their bets for additional stimulus. The Shanghai Composite Index rallied Tuesday after the PBoC injected cash into the financial system, alleviating concerns […]
$GLD, $XAU FLASH: China’s PBoC is on a Gold buying spree as Asia’s Top economy expanded its Gold reserves for a 4th month running, adding to investors’ optimism that central banks from around the world will press on with a drive to build up holdings. June Gold settled today’s session rose $6.00 (+0.5%) to $1301.55/oz […]
$GLD, $XAU, $USD By Jared Dillan There is a lot of strong feelings about gold. Some people think it has no utility. Other people have pretty reasoned arguments about how gold maintains purchasing power across the centuries. It was in a bubble 8 years ago that sucked a lot of people in. There were some sketch-ball […]
By Harvey Bezozi Most Americans this year will feel the effect of the new tax law, in one way or another, on their personal financial positions. Some will benefit thanks to lower tax rates, higher alternative minimum tax (AMT) exemptions, and increased deductions. Others will be penalized due to the new restrictions on state and […]
$DIA, $QQQ, $SPY, RUTX, $VXX FLASH: The Benchmark 10-year Treasury yields fell to their lowest levels since December 2017 Monday as investors evaluated last week’s Dovish pivot by the Fed. Last Wednesday the FOMC stunned investors by abandoning projections for any interest rate hikes this year and saying it would halt the steady decline of […]
FLASH: McKinsey’s annual review reveals an expanding and developing industry; more tools for managed money and investors. Note: Private markets, including PE, debt, infrastructure, real estate, and natural resources. Private markets stayed strong in 2018. True, fundraising was down 11%. But $778-B of new capital flowed in. Investors have a new motivation to allocate to […]
$NDAQ, $BRK.A, $BRK.B, $CIIT, $YBAO FLASH: Think Big with Small Cap Stocks! We here at HeffX-LTN often feature small-cap and low price stocks, when we do we fully evaluate risk/reward and have done a full due diligence review. Currently we are focused on small-cap and low priced stocks under $5/share that trade on the OTC […]
$DIA, $SPY, $QQQ FLASH: 10 years Friday the US stock market hit the bottom of the Great Recession. Today, 10 years later, the US stock market is acting as if the economic expansion, now in its 117th month, is going to continue and likely accelerate. The S&P 500 is up 10% YTD The benchmark index […]
$USD The Fed’s Beige Book was released Wednesday showing the US economy continues to be performing strongly. Manufacturing was stronger, employment remains strong across the economy, but bad weather and bad politics have taken their toll. On the latter, 50% of the reporting areas said that the government partial shutdown had been hurting local growth. […]
FLASH: The EU’s economy is cooling more than many investors believe, the slowdown poses the biggest risk to the market. The European Central Bank (ECB) has limited tools at its disposal to respond to economic weakness while European governments are not prepared to respond with spending warns Mohamed El-Erian. “People are underestimating how quickly Europe […]
$AAPL FLASH: Apple gambling on new products to ‘Blow fans away” Apple’s (NASDAQ:AAPL) CEO Tim Cook said he has ‘never been more optimistic’ about where the company is today and where it’s heading. In a pep talk to investors. CEO Cook said the iPhone maker is “planting seeds” and “rolling the dice” on future products […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Sidelined investors join this Bull market rally, as retail stocks outperform following earnings reports from Lowe’s ($LOW), Best Buy ($BBY), and TJX ($TJX) Investors came back into US stock funds during the week ended 20 February. It has been the best start to a year for the S&P 500 since Y 1987, breaking a 5-week […]
$GLD, $SLV, $USD FLASH: The Dem’s Green New Deal is silly and not worth our attention. But it implies we can have anything we want if the Fed extends credit. FACT: The 2 biggest US stock market rallies happened when the budget deficit was disappearing or had disappeared. Calvin Coolidge led the US through most […]
$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 […]
$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 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The Pain Trade continues, on broad-based advance that had all 11 S&P 500 sectors finished higher on the day. Almost 80% of S&P 500 companies having reported Q-4 earnings so far. Analysts now see a profit increase of 16.2% for the Quarter, according to Refinitiv data. President Trump’s policies […]
FLASH: Speculative-grade bond yields have retraced nearly all of Y 2018’s selloff This action is the latest sign that investors have returned to the market with a after fleeing for safer asset classes at the end of Y 2018. Here is how the market has been acting since 31 December, as follows; Investors have been […]
$SPY, $QQQ, $RUTX, $VXX FLASH: Investor get excited by higher prices for financial assets. If prices of stocks 2X, it is likely that investors will want them more, and the more they go up, the more investors tend to want them, this is known as “fear or missing out,” or FOMO. So, that is why […]
Entrepreneurship may seem like a young person’s game, not True! When we are young, in the US we have the freedom to fail and more time to recover from unsuccessful ventures. But, as we grow older, many tend to become more risk averse. Now, though, there are several reasons people can/should consider starting a small […]
The Federal Reserve Bank of St. Louis’ President James Bullard applauded the shift away from its policy of raising interest rates, saying that should help to ensure a solid US economy for the next 2 years. “I think it set us up for a very good couple of years here,” Mr. Bullard said in a TV […]
$GLD Indian discounts shrink; dealers eye import duty announcement China premiums at $9.50-$11.50 oz Festival buying picks up in Singapore Demand for physical gold in India improved last week as local prices eased from their highest level in over 5 years, while buying gathered steam in China ahead of the Lunar New Year festival. Dealers […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Stocks paused to refresh Friday after being up 10.4% since Christmas Eve, earnings season begins in earnest next week, Analysts have been very negative ahead of this coming reporting frame. Earnings reports start next week with results from the big banks. And the warnings have been the most dire in […]
John Hussman, PhD, aka The Perma-Bear: “At its core, investment is about valuation. It’s about purchasing a stream of expected future cash flows at a price that’s low enough to result in desirable total returns, at an acceptable level of risk, as those cash flows are delivered over time. The central tools of investment analysis […]
$SPY, $GLD Surprise, after all of the ‘bunk’ you have heard since early October, do not be shocked that there will be no additional Fed rate hikes, a 20% S&P 500 rally and no recession.. Byron Wein defines “surprise” as an event that the average investor would only assign a 33% chance of taking place […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Stocks finished higher Monday, and wrapped up the month and year. Buying conviction was reserved during the session with no news catalysts or economic data to drive investors, that until the last minute buyers came in to drive the indices to near session highs. The trading session is over and so […]
$DIA, $SPY, $QQQ, $RUTX Stocks finished higher on the week, and wrapped up a disappointing month and year. The S&P 500 is off 7% in Y 2018 after peaking with a 10% YTD gainer in late September prior to the consolidation. The Fed’s tightening and heightened uncertainty into Y 2019 have brought valuations on the […]
$DIA, $SPY, $QQQ, $RUTX Savvy investors are not worried about Southside risk in here. Investment guru Leon Cooperman said he is finding “tremendous value” in many stocks right now amid the market plunge. The Omega Advisors founder said he does not really see any signs of a lasting Bear market and urged savvy investors to buy “their […]
Bitcoin (BTC) Gets Positive Signal From NYSE’s Chairman $BTCUSD, $ICE The correction is the market had been healthy Bitcoin has seen a deep dive in price over the 11 months, but the CEO of one of the world’s biggest exchange operators is not deterred from entering the cryptocurrency space. Jeffrey Sprecher, CEO of IntercontinentalExchange (NYSE:ICE) […]
As Market Leadership Rotates, Money Manager Speak Out $DIA, $SPY, $QQQ Following are the views of 7 money managers and strategists on what could conceivably put a brake on the selling in this market. This view is held by almost everyone: that a softening in Fed’s hawkish rhetoric and President Trump’s trade dispute talk would […]
Bitcoin (BTC) Falls, Bringing Down the Entire Cryptocurrency Market $BTCUSD For months, the price of Bitcoin has been hanging around the mid-6,000’s mark. But now, the most popular cryptocurrency has plummeted by 12% over the last day, hitting a value just above 5,500. The total market capitalization for Bitcoin now stands at $96-B, the 1st […]
Bitcoin (BTC) Dives to a New Low on the Year $BTCUSD Bitcoin fell more than 7% Wednesday The major cryptocurrency dove to $5,390.12 marking a new low on the year. Ethereum and XRP, the 2nd and 3rd largest cryptocurrencies fell 13% and 15% respectively. Bitcoin’s last several months of relative stability came to a halt […]
S&P 500 Falls 54.79 pts, Breaking 200-Day Moving Average on Tech Selloff $SPY, $DIA, $QQQ, $RUTX, $VXX A broad sell-off in technology companies drove US stocks sharply lower Monday, as Apple, Amazon, Goldman Sachs and other big names fell. Banks and consumer-focused companies and media and communications stocks also took heavy losses. Bond trading was […]
Chinese Investors Sentiment is Very Weak, Conditions Abroad Have Little Influence $ALMMF, $CHL, $PTR Market sentiment is very weak. President Xi’s government is struggling to dispel such gloom and talk stock prices back up with promises of tax cuts, more bank lending and a media campaign. The benchmark Shanghai Composite Index sank 30% from January […]
Bitcoin (BTC) Seeing its Worst Session in 10 $BTCUSD, $CME, $CBOE Altcoins are showing signs of life, says 1 technical analyst *Did you know that mining Bitcoins is 3X more expensive than mining Gold? Major digital currency prices traded lower Thursday in New York, giving up the majority of Wednesday’s advance. Bitcoin, BTCUSD, -0.22% the most famous an […]
Ryanair Holdings (OTCMKT:RYAOF) and CEO Michael O’Leary Sued in New York for Stock Fraud $RYAOF Ryanair Holdings Plc (OTCMKT:RYAOF) and CEO Michael O’Leary have been sued in New York by a shareholder that said Europe’s largest airline defrauded investors and inflated its share price by overstating its ability to manage labor relations and keep costs […]
Two Years In, President Trump Holds Stock Market Bragging Rights $DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, US stocks rallied with broad gains led by the technology and healthcare sectors as investors made bets that a divided Congress would be good for equities. Democrats won control of the House Tuesday, while President Donald Trump’s Republican party […]
Bitcoin’s Volatility Lowest in Nearly 2 Years $BTCUSD Bitcoin (BTC) is experiencing 1 of its worst annual price performances of its 10-year-old life, perhaps becoming more stable in the process. Volatility of the largest cryptocurrency has fallen to its lowest for nearly 2 years, with price swings falling lower than increasingly edgy US stocks for […]
Investors Focused on Outcome of Congressional Midterm Elections $SPY, $DIA The US Congressional midterm elections will have implications for Wall Street, regardless of how they shape the balance of power in Congress. That is because in every scenario there could be winners and losers in Key sectors of the market, including banking, pharmaceuticals, companies that […]
Tesla (NASDAQ:TSLA) Investors Want Big Board Changes $TSLA “It is time for a serious overhaul of the governance of the company,” A group of Tesla (NASDAQ:TSLA) investors thinks the EV maker needs more than just a little new blood and that a ban on Elon Musk holding the Chairman’s job for 3 years while also […]
Bitcoin (BTC) Stable During S&P 500 Pullback $BTCUSD, $SPY, $DIA, $GLD Bitcoin (BTC) known for giving retail investors heart palpitations was calm over the past week, as the S&P 500 pulled back about 7% so far this month. Bitcoin was up 1% on the week, as of Friday afternoon, according to data, and stayed in […]
Tesla (NASDAQ:TSLA) Key Quarterly Earnings Report Coming $TSLA Selling Vapor Ware and taking deposits on cars that cannot be produced and delivered do not produce earnings. Tesla’s (NASDAQ:TSLA) Mission: “Accelerate the world’s transition to sustainable energy.” It says soon on its website. My Big Q is: Why? The Big A: 1st Tesla has to prove it […]
National Mandate for a Big GOP Victory in November, Brings Overseas Investors to US $DIA, $SPY, $QQQ, $RUTX, $VXX The 2018 midterm elections only 17 days away, + the political and earnings seasons are in full swing with the S&P 500 numbers coming in higher that expected with 20% of the member reported. The Big […]
Disruption and Investors’ Fear of Missing Out $NFLX, $TSLA A new study from UC Riverside and the Rotterdam School of Management finds that fear of missing out motivates investors to give money early to startups with a disruptive vision. Many early backers are reluctant to invest too much in unproven ideas that might not take […]
Elon Musk Cannot Return as Tesla’s (NASDAQ:TSLA) Chairman W/O Shareholder Vote $TSLA The vote shows the SEC is protecting investors. If Tesla (NASDAQ:TSLA) CEO Elon Musk, 47 anni, ever wants to return as Chairman, shareholders will have to vote on it. The requirement is detailed in a court brief filed jointly Thursday by Tesla and the Securities […]
US Financial Market ‘Flushing’ Out Excesses Ahead of Santa Claus Rally $SPY, $QQQ, $VXX Investor Fear Can Only Mean Stocks Will Surge Even Higher The CBOE Volatility Index spiked to 25.57, its highest mark since February. Byron Wien predicts that the stock market will rally after the midterm elections The next recession is 3 or […]
Everyone’s Fleeing China Stocks Everyone’s Fleeing China Stocks as Foreigners Dump $1.4-B today in Hong Kong Chinese stocks’ worst October start in a decade has scared off the last remaining Bulls. Foreigners sold $1.4-B of A shares through exchange links with Hong Kong Monday, just short of a record hit 8 months ago, as Mainland […]
Tesla’s (NASDAQ:TSLA) Embattled CEO, Chides Funds That Lend Shares to Short-sellers $TSLA, $BLK, $VTI Accused by Tesla’s (NASDAQ:TSLA) CEO Elon Musk of making “excessive profit” by lending shares to *Short-sellers, Top index fund companies shot back Friday that they are only looking out for their investors. The responses from BlackRock Inc and Vanguard Group came […]
This is All You Need to Know About Bitcoin and Blockchain $BTCUSD, $BLCN Bitcoin and the alternative cryptocurrencies, aka altcoins, are cryptic to say the least. Some people consider bitcoin a currency, others an investment and still others a store of value. Even government agencies cannot agree on what bitcoin really is. The IRS treats it […]
Elon Musk’s Ultimatum to Tesla (NASDAQ:TSLA): “Fight SEC, Else I Quit” $TSLA Tesla is not an investment, it is a speculation played by professionals, retail participants should proceed with Caution. After the Securities and Exchange Commission accused Elon Musk of securities fraud, Tesla’s board defied regulators, issuing a provocative statement saying that it was “fully […]
Institutional Investors are Quietly Adding Cryptocurrencies to Holdings $BTCUSD, $ETHUSD Institutional investors are becoming more involved in the $220-B cryptocurrency market than many observers may realize. Buyers such as hedge funds have replaced HNWIs (high-net-worth individuals) as the biggest buyers of large lots of digital coins worth more than $100-K through private transactions.. The Big […]
Retail Investors Coming into Stock in Droves $DIA, $SPY, $QQQ, $RUTX, $VXX US stocks delivered the best Quarterly run in almost 5 years, luring retail investors back into the longest Bull market on record just as Wall Street started flashing yellow lights. Individual investors drew down cash balances at brokerage accounts to record lows as […]
Barrick (ABX) Buying Randgold (GOLD) for $18.3-B Forming Giant Global Gold Miner $ABX, $GOLD Barrick Gold (NYSE:ABX), the world’s largest Bullion producer by value, is about to become even bigger as it has agreed to buy Randgold Resources (LON:RRS, OTCMKT:GOLD) in a $18.3-B share deal, the biggest in the gold sector in the past 3 years. The […]
Bitcoin (BTC) Vs US Dollar (USD) $BTCUSD Trading in Bitcoin (BTC) and other digital coins continues to be very volatile, as the cryptocurrency market ramps up once again, running past the 6,000 mark: Bitcoin is the #1 cryptocurrency. Bitcoin remains highly correlated with the other digital coins, known aptly as the altcoins. When bitcoin rises, these […]
Savvy Investors Are Starting To Buy Gold $GLD, $SLV, $USD. $ABX, $GOLD, $FNV Savvy investors will start stocking up now on gold since roaring inflation is poised to soon ravage global economies, Barron’s reports. “Inflation is starting to pick up in the US and in much of the world as central banks shrink their enormous […]
The Trump Market, DJIA Marks Another Record High $DIA, $SPY, $QQQ, $RUTX, $VXX Friday, the Industrials led DJIA to a new closing high Friday ahead of Monday’s major sector reshuffle, capping a week in which investors shrugged off trade dispute concerns. Declines in the FAANGs dragged on equity benchmarks, helping erase the session’s gains on […]
Let’s Consider Silver’s Very Low Numbers $SLV, $GLD The Devils Metal will bounce right back up in symmetrical proportionally when the short covering begins to happen. Let’s consider silver’s numbers. The 52-wk low in specs’ silver-futures shorts was 41.5-K contracts in mid-September 2017. Getting back there would require an astounding 78.6-K contracts of short-covering buying. […]
Savvy Investors Are Buying Blockchain Technology Stocks $IBM, $GBTC, $BR The technology known as blockchain is what the cryptocurrency market is built on. However, that is not its only function, it is also being used to change nearly every industry that deals with transactions and ledgers. Yes, there is Key connection between blockchain and cryptocurrencies, […]
Gold Dips on News of Resumed US-China Trade Talks $GLD, $SLV, $USD Gold pared gains as China became a focus point again The possible progress in the trade dispute pressured the USD. Gold prices dipped Thursday as investors purchased riskier assets instead of seeking a safe-haven in gold, on news a new round of US-China […]
Savvy Investors Will View Any Market Correction as a Buying Opportunity $DIA, $SPY, $QQQ Always be careful and keep political analysis seperate from company analysis. With the midterm elections looming the chances are there could be some changes ahead. The President’s party tends to lose seats in mid-term elections, and with the GOP holding a […]
Tesla (NASDAQ:TSLA) Investigation: SEC Asked About ‘420 Funding Secured’ Tweet $TSLA Tesla’s (NASDAQ:TSLA) biggest institutional investor said Wednesday it was questioned by the SEC about Elon Musk’s now-abandoned plans to take the fledgling EV maker private and that the CEO needed help running the company. “He needs help, and I mean that psychologically as much […]
Until There are Clear and Present Regulated Guidelines Cryptocurrency will Not be a Robust, Legitimate Asset Class $BTCUSD,$CME, $Cboe There is and has been talk on The Street about financial institutions adding crypto services to their offerings, raising new funds for digital currencies, and even launching dedicated trading desks. But until institutional investors have a regulated, […]
“Investors Should Always Be In The Stock Market” $DIA, $SPY, $QQQ, $RUTX, $VXX Investment guru Jack Bogle, 89 anni, gives some common-sense advice to savvy investors very similar to many lottery-advertising slogans: You have to play to Win! The Vanguard founder and former CEO advises that investors shouldn’t try to time the market. “Never, never, […]
Hurricane Florence Pounds Some Financial Markets $KBWP, $All, $TRV, $IAK, $HD, $LOW, $GNRC The path of Hurricane Florence’s potential destruction runs right through markets from stocks to mortgage-backed securities. The Category 4 storm, which is forcing more than 1-M people to flee to safety and could wreak as much as $27-B in damages in the […]
Americans are Optimistic About the Future $DIA, $SPY, $QQQ, $RUTX, $VXX Economists say the country is close to full employment, but pay gains for American workers have been flat since Y 2015. Even last week’s upward blip in wage growth could be wiped out by inflation. Yet Americans have not been this optimistic about future […]
Tesla’s (NASDAQ:TSLA) Board is Derelict, Has No Interest in Controlling Musk $TSLA Tesla (NASDAQ:TSLA) over the last month and more, investors, analysts, and journalists have been focused on its CEO Elon Musk. The Big Qs: Is Elon Musk NutZ? How much legal trouble is he in after his “‘420’ buy-out funding secured” Tweet? Why are […]
Tesla’s (NASDAQ:TSLA) CEO, Elon Musk Filmed Smoking Marijuana, Stock Dives $TSLA Tesla Inc. (NASDAQ:TSLA) CEo Elon Musk was filmed smoking marijuana, drinking whiskey and wielding a sword just hours before the automaker said its accounting chief would leave after a 1-month stint, the latest in a string of unusual behavior and executive departures that is […]
The SEC Continues to Disapprove Bitcoin ETF Proposals $BTCUSD Again, the SEC has disapproved more proposals for Bitcoin ETF. The latest rejection has seen 8 bids turned down by the authorities; 2 from Proshares that would have tracked Bitcoin futures, another from GraniteShares and 5 more from Direxion. The SEC said that Bitcoin ETF markets […]
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 […]
Crypto Bear Market Hammers Bitcoin Cash $BCHUSD This year’s Bear market in cryptocurrencies has really punished investors who bought Bitcoin (BTC) at the height of cryptomania last year. But, losses have been even more painful for those who invested in promising rival BCH. Bitcoin Cash (BCH), an offshoot of Bitcoin that launched on 1 August […]
Tesla (NASDAQ:TSLA) CEO Elon Musk’s Star Burned Up on the ‘420’ Tweet $TSLA Men do not like cars that are conceived as household appliances Late Friday in a blog pose, Elon Musk wrote that he had the explosive ‘420’ notion that stunned investors and drew intense regulatory scrutiny while driving to the airport on Monday, […]
Investors are Asking, What Do I Do Now? $DIA, $SPY, $QQQ Investors are constantly bombarded by the daily Noise about stocks and stock trading, so do not lose sight of what matters. Because as long as things are going well stay put, always take what the market gives. Do not panic over a big down […]
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 […]
Global Investors Buying US Stocks, S&P 500 at Record Highs $DIA, $SPY, $QQQ, $RUTX, $VXX Global Investors bought into US stocks this week which set their longest-ever market rally. That action declared the end of a “tsunami” of tech fund inflows which have driven the market higher, noting tiny inflows of $0.1-B this week after […]