Keppel Corporation Limited is an investment holding and management company. The Company, through its subsidiaries, is engaged in offshore oil-rig construction, shipbuilding, and ship repair and conversion; environmental engineering, power generation, logistics and data centers; property development and investment, and property fund management, and investments. The Company operates in four segments: Offshore & Marine, Infrastructure, […]
Singapore Exchange Limited is engaged in operating integrated securities exchange and derivatives exchange in Singapore and related clearing houses. The Company is engaged in providing services, such as investment holding, treasury management, provision of management and administrative services to related corporations, provision of contract processing and technology connectivity services. The Company operates through four segments: […]
$DIA, $SPY, $QQQ, $RUTX Earnings started and Wall Street likes what it sees, the bias is Bullish and the Fed is hobbled by President Trump. Earnings this week include: C, GS, BAC, JNJ, NFLX, IBM, TEAM and many others. So, am looking for a continuing move North on the general positive bias, expectations of a […]
Keppel Corporation Limited is an investment holding and management company. The Company, through its subsidiaries, is engaged in offshore oil-rig construction, shipbuilding, and ship repair and conversion; environmental engineering, power generation, logistics and data centers; property development and investment, and property fund management, and investments. The Company operates in four segments: Offshore & Marine, Infrastructure, […]
Singapore Exchange Limited is engaged in operating integrated securities exchange and derivatives exchange in Singapore and related clearing houses. The Company is engaged in providing services, such as investment holding, treasury management, provision of management and administrative services to related corporations, provision of contract processing and technology connectivity services. The Company operates through four segments: […]
$DIA, $SPY, $QQQ, $RUTX, $JPM, $DIS FLASH: Friday’s advance drove the benchmark index close above the 2900 mark for the 1st time since early October. The S&P 500 gained 0.7% Friday, as a strong earnings report from JPMorgan Chase (JPM) and a buoyant response to Walt Disney’s (DIS) upcoming streaming service helped offset losses from […]
Keppel Corporation Limited is an investment holding and management company. The Company, through its subsidiaries, is engaged in offshore oil-rig construction, shipbuilding, and ship repair and conversion; environmental engineering, power generation, logistics and data centers; property development and investment, and property fund management, and investments. The Company operates in four segments: Offshore & Marine, Infrastructure, […]
Singapore Exchange Limited is engaged in operating integrated securities exchange and derivatives exchange in Singapore and related clearing houses. The Company is engaged in providing services, such as investment holding, treasury management, provision of management and administrative services to related corporations, provision of contract processing and technology connectivity services. The Company operates through four segments: […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: S&P 500’s 8-Day Winning Streak Capped in a Fibo Retrace on Volume Tax time is here and the April 15 deadline for individual returns looms, as Americans are facing the full reality of President Trump’s new tax law. The law, better known as the Tax Cuts and Jobs Act, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: S&P 500 extended is winning streak to 8 days running The odds of a recession hitting the US economy are “all at about Zero,” Council of Economic Advisers Chairman Kevin Hassett said Monday. “You saw it in the jobs numbers, but income growth is really taking off,” Mr. Hassett […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Last Monday was the start of a new Month, a new Quarter, and new Money came in driving the S&P 500 North for 8 days running into Friday on a strong NFPs report, for what looks to be an extension into this week, with the indexes marking and/or approaching […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The S&P 500 gained 0.5% Friday in a broad-based advance that was supported by a Goldilocks Employment Situation Report for March. The benchmark index advanced for the 7th session running, increasits its weekly gainer to 2.1%, and closed within 10 points of the 2900 level. The US labor market […]
Singapore Technologies Engineering Ltd is an investment holding company. The Company is engaged in the provision of engineering and related services. It operates in four segments: Aerospace, which provides a range of maintenance and engineering services that include airframe, repair and overhaul, engine and component maintenance, and engineering design and technical services; Electronics, which specializes […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: S&P 500 advances for 6th session running, closing on the high for the year There is positive sentiment on Wall Street about a trade deal in anticipation of President Trump’s meeting with Chinese Vice Premier Liu He after the close. There was also some speculation that President Trump could […]
Keppel Corporation Limited is an investment holding and management company. The Company, through its subsidiaries, is engaged in offshore oil-rig construction, shipbuilding, and ship repair and conversion; environmental engineering, power generation, logistics and data centers; property development and investment, and property fund management, and investments. The Company operates in four segments: Offshore & Marine, Infrastructure, […]
Singapore Exchange Limited is engaged in operating integrated securities exchange and derivatives exchange in Singapore and related clearing houses. The Company is engaged in providing services, such as investment holding, treasury management, provision of management and administrative services to related corporations, provision of contract processing and technology connectivity services. The Company operates through four segments: […]
$RACE Ferrari N.V. (NYSE/MTA:RACE) announces that under the common share buyback program announced on 28 December 2018 (the “Initial Program”), the Company has purchased additional common shares – reported in aggregate form, on daily basis – on the Italian Stock Exchange (MTA) as follows: TradingDate(dd/mm/yyyy) Stock Exchange Number of common shares purchased Average price per […]
$SPY FLASH: Earnings season just 2 weeks away US stocks ended the final trading day of Q-1 on a strong note Friday and the S&P 500 posted its best quarterly gainer since Y 2009, boosted by optimism over the latest round of trade talks between the US and China. A Chinese delegation led by Vice […]
$DIA, $SPY,$QQQ, $RUTX, $VXX FLASH: S&P 500 marks its Best Quarter since 2009 Friday the US stock market liked what it heard: The US and China held “constructive” trade talks in Beijing this week, according to Treasury Secretary Steven Mnuchin and the White House. Trade talks will continue next week in Washington with China’s Vice […]
$RACE The 2nd round of the 2019 Formula One season sees teams race under the artificial lights of Sakhir International Circuit for the Bahrain Grand Prix Drivers will be looking to keep their cool in the desert heat as the 2019 Formula One season heads to the Middle East for the Bahrain Grand Prix. After being dropped from […]
Singapore Technologies Engineering Ltd is an investment holding company. The Company is engaged in the provision of engineering and related services. It operates in four segments: Aerospace, which provides a range of maintenance and engineering services that include airframe, repair and overhaul, engine and component maintenance, and engineering design and technical services; Electronics, which specializes […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: A US trade delegation, which included USTR Robert Lighthizer and Treasury Secretary Steven Mnuchin, arrived in Beijing for a two-day meeting on Thursday. Reuters reported Wednesday evening that Chinese negotiators made “unprecedented” proposals on a range of issues including forced technology transfers. Despite the progress, the market continues to wait […]
Keppel Corporation Limited is an investment holding and management company. The Company, through its subsidiaries, is engaged in offshore oil-rig construction, shipbuilding, and ship repair and conversion; environmental engineering, power generation, logistics and data centers; property development and investment, and property fund management, and investments. The Company operates in four segments: Offshore & Marine, Infrastructure, […]
Singapore Exchange Limited is engaged in operating integrated securities exchange and derivatives exchange in Singapore and related clearing houses. The Company is engaged in providing services, such as investment holding, treasury management, provision of management and administrative services to related corporations, provision of contract processing and technology connectivity services. The Company operates through four segments: […]
Keppel Corporation Limited is an investment holding and management company. The Company, through its subsidiaries, is engaged in offshore oil-rig construction, shipbuilding, and ship repair and conversion; environmental engineering, power generation, logistics and data centers; property development and investment, and property fund management, and investments. The Company operates in four segments: Offshore & Marine, Infrastructure, […]
Singapore Exchange Limited is engaged in operating integrated securities exchange and derivatives exchange in Singapore and related clearing houses. The Company is engaged in providing services, such as investment holding, treasury management, provision of management and administrative services to related corporations, provision of contract processing and technology connectivity services. The Company operates through four segments: […]
Keppel Corporation Limited is an investment holding and management company. The Company, through its subsidiaries, is engaged in offshore oil-rig construction, shipbuilding, and ship repair and conversion; environmental engineering, power generation, logistics and data centers; property development and investment, and property fund management, and investments. The Company operates in four segments: Offshore & Marine, Infrastructure, […]
$RACE Ferrari (NYSE:RACE) the Automotive Sector Aristocrat (1.0) Ferrari (NYSE:RACE) unique from any other automotive company, and from other luxury goods companies. There is huge support the quality of Ferrari’s Brand equity (it is the world’s #1 automotive brand), below is the list as we see it here at HeffX-LTN, some other analysts agree, as […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The latest fund manager survey from Bank of America showed the allocation to equities is at its lowest since September 2016 indicating that managed money missed the 2019 rally and will have to play catch up soon. The S&P 500 advanced 0.7% Tuesday, on Dovish expectations ahead of the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Cyclical sectors outperformed, follow-through buying interest came in on no new catalysts. Boeing (NYSE:BA) and Facebook (NASDAQ:FB) extend losses on familiar story lines Patience is the FOMC’s focus now, signaling that it went too far last year with its 4 rate hikes, so no interest rate hikes likely soon. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: President Trump said the US will probably know, 1 way or another, in “the next 3 or 4 weeks” about a possible trade deal with China, as S&P 500 marked a fresh closing high Friday. “If that gets done, it will be something that people will be talking about […]
$AAPL, $TEAM, $GIS, $HLT, $MA, $MSFT, $NTRS, $CRM 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 Friday as follows: Apple Inc. (NASDAQ:AAPL) was started with […]
$DIA, $SPY, $QQQ, $RUTX, $VXX INDUSTRY WATCH Strong: Financials, Information Technology Weak: Materials, Communication Services, Industrials Highlights: Relative strength in the S&P 500 financial and information technology sectors Shares of Apple (NASDAQ:AAPL) continue to outperform following positive analyst coverage Facebook (NASDAQ:FB) is under criminal investigation for some of its data deals General Electric (NYSE:GE) issues FY 2019 earnings warning; CEO offers […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Small businesses see bright future ahead Most S&P 500 sectors finish with gains Softening Consumer Price Index for February reinforced notion Fed will be patient US Treasury yields even lower Optimism among small companies in the US improved in February, snapping a 5-month losing streak that was the longest […]
Hang Seng Bank Limited is a company mainly engaged in the banking business. Along with subsidiaries, the Company operates its business through four segments: the Retail Banking and Wealth Management segment, the Commercial Banking segment, the Global Banking and Markets segment, and the Other segment. The Retail Banking and Wealth Management segment is involved in […]
AIA Group Limited is an investment holding company principally engaged in the provision of life insurance. The products and services mainly include life insurance, accident and health insurance and savings plans, as well as employee benefits, credit insurance and pension services to corporate clients. The Company operates through eight business segments: Hong Kong, Thailand, Singapore, […]
Singapore Exchange Limited is engaged in operating integrated securities exchange and derivatives exchange in Singapore and related clearing houses. The Company is engaged in providing services, such as investment holding, treasury management, provision of management and administrative services to related corporations, provision of contract processing and technology connectivity services. The Company operates through four segments: […]
Hang Seng Bank Limited is a company mainly engaged in the banking business. Along with subsidiaries, the Company operates its business through four segments: the Retail Banking and Wealth Management segment, the Commercial Banking segment, the Global Banking and Markets segment, and the Other segment. The Retail Banking and Wealth Management segment is involved in […]
Keppel Corporation Limited is an investment holding and management company. The Company, through its subsidiaries, is engaged in offshore oil-rig construction, shipbuilding, and ship repair and conversion; environmental engineering, power generation, logistics and data centers; property development and investment, and property fund management, and investments. The Company operates in four segments: Offshore & Marine, Infrastructure, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: US stocks finished flat on high volume We expect that US stocks will continue to move North new highs despite an earnings slowdown, that according to the patterns that are set/setting up now. HeffX-LTN is going contrarian Vs the Bears who are warning investors that the earnings slowdown will […]
Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 183.92. The projected upper bound is: 197.54. The projected lower bound is: 187.88. The projected closing price is: […]
WH GROUP LIMITED is a Hong Kong-based investment holding company principally engaged in pork businesses. The Company operates its businesses through four segments. Packaged Meats segment is engaged in the production, wholesales and retailing of low temperature and high temperature meat products. Fresh Pork segment is engaged in the production, wholesales and retailing of fresh […]
Overall, the bias in prices is: Upwards. Short term: Prices are moving.Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 6.21. The projected upper bound is: 6.54.The projected lower bound is: 6.11.The projected closing price is: 6.33. KEPPEL CORPORATI closed down -0.020 at 6.320. Volume was 1% below average […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: FOMC Mins as expected; Fed will maintain patience in rate hikes and stop reducing assets on its balance sheet later this year. The Takeaway The FOMC Minutes said the central bank is going to be patient in raising rates and is likely to stop reducing the assets on its […]
$DIA. $SPY, $QQQ, $RUTX, $VXX Wall Street stocks declined Thursday on concerns that the United States and China would not be able to reach a trade deal, thus increasing concerns about slowing global economic growth. President Trump said he did not plan to meet with Chinese President Xi before the 1 March deadline set by […]
$RACE Investors in Ferrari’s stock (NYSE:RACE) saw new options begin trading on 4 February, for the September 20th expiration. A Key input that goes into the price an option buyer is willing to pay, is the time value, so with 225 days until expiration the newly trading contracts represent a possible opportunity for sellers of […]
$DIA, $SPY, $QQQ, $RUTX, $VXX US Federal Reserve Chairman Jerome Powell’s 1st post-meeting press conference of Y 2019 left market expectations for a rate hike this year an Big Q, and raised the chances of a cut in Y 2020. The Fed’s tone Wednesday cast doubt on the prospects of interest rates heading higher at […]
A newly discovered FaceTime bug lets people hear and even see those they are reaching out to on iPhones using the video calling software, sparking privacy fears. The bug, initially outlined by Apple product and review website 9to5Mac.com, was reported by several media outlets. A video posted at Twitter account @BmManski showing how simple it […]
$UBS, $CS UBS Group (NYSE:UBS) warned that the worst may not be over after clients pulled $13-B in assets during a market correction in the last 3 months of Y 2018. Increased volatility, rising protectionism and geopolitical tensions are still weighing on investors, which will hit wealth and asset management revenue in Q-1, the Zurich-based […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, The US stock market was primed to rebound, it rebounded. Earnings are just ahead and if stocks continue to the Northside as they have on this bounce then the lowered estimates might not be a plus. So, for now savvy players will be playing the bounce, because the selloff was […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, $AAPL The S&P 500 fell 2.5% Thursday, as a revenue warning from Apple (NASDAQ:AAPL) and weak manufacturing data fueled concerns about a slowdown in global economic growth, undermining the broad market. The DJIA lost 2.8%, the NAS Comp lost 3.0%, the Russell 2000 lost 1.8%. On the day, 9 of the 11 […]
$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 […]
$AAPL, $ARNC, $AVB, $BYD, $CPT, $CARA, $FANG, $DEI 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 Friday as follows: Apple Inc. (NASDAQ:AAPL) was maintained as […]
$AAPL, $ADSK, $BHGE, $BIIB, $BLUE, $DRI, $FDX, $GLPY, $HSY, $IACI 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 Thursday as follows: Apple Inc. (NASDAQ: AAPL) […]
$ABT, $ALB, $LNT, $BAX, $BSX, $BP, $EW, $ERJ, $GMED, $IART 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 Wednesday as follows: Abbott Laboratories (NYSE:ABT) was […]
$AXON, $CLXT, $CSL, $IDRA, $IBM, $LULU, $MANU, $MFA 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: Axovant Sciences Ltd. (NASDAQ:AXON) was raised […]
$AZN, $BMRN, $CIEN, $DAL, $F, $GSK, $PG, $REGN 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 Monday as follows: AstraZeneca PLC (NYSE:AZN) was started with […]
$ARNA, $GE, $MRVL, $MNST, $NKTR, $PG 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 Friday as follows: Arena Pharmaceutical Inc. (NASDAQ:ARNA) was started with Buy […]
$T, $HOME, $BCSF, $BIG, $CMA, $CYBR, $DKS, $FISV, $ULTA 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 Wednesday as follows: AT&T Inc. (NYSE:T) was raised […]
$ALB, $ADS, $APA, $COS, $CMA, $DLR, $EQIX, $FBHS, $KTOS, $MU, $RNR, 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: Albemarle Corp. (NYSE:ALB) […]
$AAPL, $AVGO, $CHK, $DVN, $LULU, $SCWX, $TSLA, $ZEN 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 Monday as follows: Apple Inc. (NASDAQ:AAPL) analysts maintained AAPL […]
The Street’s Key Stock Analysts Research Reports $ATVI, $GOOGL, $AIG, $AWK, $AAPL, $WTR, $AVB, $BMY, $MPC, $NTES, $SAVE The US financial markets will be closed on Wednesday in observance of former US President George HW Bush’s funeral. 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, […]
The Street’s Key Stock Analysts Research Reports $ABT, $ALDX, $AAPL, $AINC, $LGN, $HIG 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 Thursday as follows: Abbott […]
Facebook, Inc. (NASDAQ:FB) back in correction territory Tech stocks are back in correction territory after a painful day for public exchanges. The tech-heavy Nasdaq Composite index fell nearly 4 percent, with tech stocks like Apple, Amazon, Alphabet and Facebook weighing most heavily. In total, the so-called FAANG stocks — Facebook, Amazon, Apple, Netflix and Alphabet-owned […]
Apple Inc. (NASDAQ:AAPL) Facing the reality of market saturation Apple shares fell Tuesday after HSBC downgraded the stock, citing too much dependence on a single product and slowing emerging markets economies. HSBC downgraded Apple to hold from buy and cut its 12-month price target to $200 from $205. Apple shares fell 1.7 percent to $181.66 […]
Dow Jones Industrial Average (.DJI) Wall Street’s enthusiasm for the US-China trade truce has completely vanished That was fast. Wall Street’s enthusiasm for the US-China trade truce has completely vanished. The Dow dropped 799 points, or 3.1%, on Tuesday. At one point, the index was down 818 points. The S&P 500 declined 3.2%, while the […]
Bitcoin: USD/BTC (BTC=X) Support At $3,700 At spot prices, BTC is back to green and up three percent from last week’s close but stable below $4000 in the last day. Of note though is the rejection of lower lows below our sell trigger line and main support at $3,700. Because of the long lower wick […]
Twitter, Inc. (NYSE:TWTR) stock has the long term support it needs When it rains, it pours. Nowhere is that more true right now than the social media industry, which has dealt out massive pullbacks in names like Twitter (NYSE:TWTR), Facebook (NASDAQ:FB) and Snap (NYSE:SNAP). But unlike two of these names, Twitter stock is actually one […]
NASDAQ Composite (.IXIC) plunges by about 4% in late-session trade Selling on the NYSE on Tuesday afternoon has reached panic-like proportions, as the exchange’s Arms Index rose. The Arms is a volume-weighted breadth measure, that tends to rise when the broader market falls, as the intensity of the selling in declining stocks is usually greater […]
Tesla, Inc. (NASDAQ:TSLA) target to $420 Tesla Inc. closed just shy of $360 a share Tuesday, the highest since Aug. 8, as it bucked a larger sell-off in major indexes including the Nasdaq and Dow Jones Industrial Average. Reaching that price could help placate investor concern about Tesla’s cash flow as it looks to sustain […]
United States Oil (USO) pressured by a weekly report from the American Petroleum Institute Oil prices were pressured by a weekly report from the American Petroleum Institute (API) that said U.S. crude inventories rose by 5.4 million barrels in the week to Nov. 30, to 448 million barrels, in a sign that U.S. oil markets […]
Alibaba Group Holding Limited (NYSE:BABA) set to rally over the next several months Since early October, the broader markets have been spiraling downward on concerns that more rate hikes and bigger tariffs would create a material drag on global economic growth. But over the past two weeks, those two major concerns have significantly receded, leaving […]
Alphabet Inc. (NASDAQ:GOOG) decline entirely attributable to the broader market Shares of Alphabet, parent company of online search giant Google, finished the day down 4.8%. With only a slightly greater loss than the Nasdaq Composite’s decline on Tuesday, the stock’s sell-off is probably entirely attributable to the broader market decline. The stock’s decline on Tuesday […]
UK FTSE 100 (.FTSE) rally fades amid GBP volatility A bullish start to trade today for the FTSE 100 has faded amid a sterling rebound on rumours that Article 50 could be reversed unilaterally. That being said, we have been seeing a period of strength over the past two weeks, and there is a strong chance we […]
Germany: DAX PERFORMANCE-INDEX (.GDAXI) pullback likely to be short-term in nature The DAX has been pulling back throughout the start of the week, with the price respecting trendline and the 200-day simple moving average (SMA) support this morning. The recent rebound comes from a long-term uptrend, raising the chance that we will see the beginning of a […]
Australian Dollar: USD/AUD (AUD=X) RBA extended its record-breaking run The Australian and New Zealand Dollars are trading higher on Tuesday, following the release of the RBA Rate Statement. At 0349 GMT, the AUD/USD is trading .7369, up 0.0011 or +0.15% and the NZD/USD is at .6961, up 0.0032 or +0.45%. The Reserve Bank of Australia […]
GOLD 1 OZ (XAU=X) could potentially see further strength The spot gold market is sharply higher by $20.91 per-ounce at $1241.12. The metal is up a solid 1.71% thus far on the session, and could potentially see further strength if outside markets continue on their current course. Heavy resistance may be seen around the October […]
Australia: S&P/ASX 200 (.AXJO) sentiment on global trade turns bearish Australian shares closed lower on Tuesday, wiping most of the gains from the previous session as investor sentiment on global trade turned bearish. The S&P/ASX 200 Index fell 58.1 points, or 1 per cent, to 5713.1 while the broader All Ordinaries slid 58.8 points, or […]
British Pound: USD/GBP (GBP=X) lifted on Article 50 news Cable has seen strong gains as a European judge weighs in on Article 50 but rallies here over the past few weeks have merely been the cue for fresh selling. The GBP/USD pair created a new lower high and lower low in the intraday charts yesterday, so any […]
Hong Kong: HANG SENG INDEX (.HSI) questions remain about the details of the trade agreement Stocks in Asia mostly slipped on Tuesday amid uncertainty about the future of U.S.-China trade relations. Japan’s Nikkei 225 fell by 2.39 percent to close at 22,036.05 while the Topix index shed 2.36 percent to 1,649.20 by the end of […]
SILVER 1 OZ 999 NY (XAG=X) look forward to the Fed’s expected December rate hike After a week that saw the price of silver struggle to notch any gains, its most recent trading day made up for its latest challenge. The Buenos Aires G-20 meetings provided for the spark that silver prices needed to rally. […]
Japanese Yen: USD/JPY (JPY=X) falls sharply The USD/JPY pair has been hit by heavy selling, having been unable to move above ¥114.00 over the past month. The next area of support is around ¥112.30, the late November lows. Below this is the October low around ¥111.65. Any break higher requires a daily close above trendline resistance from […]
Euro: USD/EUR (EUR=X) stuck below $1.14 The EUR/USD pair has continued to rally from the low of last week, but a breakout above $1.14 still eludes it. From there $1.145 and $1.15 would come into play as possible resistance. So far this morning a rally towards $1.14 has run out of steam, so we may see fresh […]
Singapore: STI Index (.STI) concerns over slowdown in the city-state’s manufacturing activity Singapore shares slid on Tuesday, one of the worst performing markets in Asia, amid concerns over slowdown in the city-state’s manufacturing activity and as doubts shrouded U.S.-China trade truce. Malaysia stocks also declined. The Straits Times Index ended 0.7% lower at 3167.79. Yangzijiang […]
Shanghai: SSE Composite Index (.SSEC) an inverted U.S. yield curve raised concerns about a possible recession Asian shares fell on Tuesday as a relief rally petered out amid rising doubts over whether China and the United States will be able to resolve trade differences. An inverted U.S. yield curve also raised concerns about a possible […]
The Street’s Key Stock Analysts Research Reports $T, $BLUE, $AVGO, $CAT, $TACO, $GWPH, $HUN, $LULU, $ROKU, $SNH The US financial markets will be closed on Wednesday in observance of former US President George HW Bush’s funeral. 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 […]
Bitcoin: USD/BTC (BTC=X) down 80% since last December Fundamentals are extremely bullish and with regulators amending/formulating new laws, it’s clear that Bitcoin is here to stay. That could explain the increasing level of use, institutional interest and more funds for infrastructure development. Thing is, poor policies can cause irreparable damage for an economy. Unfortunately, then […]
Facebook, Inc. (NASDAQ:FB) former Facebook colleagues asking about job openings Some former Facebook employees say their phone is ringing a lot more in the last two months. On the other line: former Facebook colleagues asking about job openings or looking for a reference. This type of behavior is normal at most companies. But according to […]
Tesla, Inc. (NASDAQ:TSLA) has taken investors on a wild ride, but the trend has been mostly upward Like its CEO Elon Musk, Tesla (NASDAQ:TSLA) is as volatile and unpredictable as they come. Tesla’s stock price has gyrated wildly from $245 to $388 over the last 12 months — and Tesla stock is currently closer to […]
Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai is scheduled to testify before Congress on Wednesday Google (NASDAQ:GOOG) CEO Sundar Pichai is scheduled to testify before Congress on Wednesday, December 5, to defend the search giant’s data collection and filtering practices. Pichai will appear before a committee of the US House of Representatives, where he will likely […]
Dow Jones Industrial Average (.DJI) China and the United States reached a temporary trade truce The ceasefire between the United States and China has set off a celebration on Wall Street. The Dow climbed 288 points, or 1.1%, on Monday. It was up 442 points earlier in the day. Investors were pleased that China and […]
NASDAQ Composite (.IXIC) US will leave tariffs on $200 billion of goods at 10% and not boost it to 25% Stocks rallied Monday as investors cheered the trade truce reached over the weekend between the US and China. Stocks closed at their highest level in about a month as the energy, technology and consumer discretionary […]
Alibaba Group Holding Limited (NYSE:BABA) should rebound now that the trade war is on pause China e-commerce giant Alibaba (NYSE:BABA) has dropped into bear market territory quite simply because it is China’s e-commerce giant. Trade war tensions with the U.S. have created economic uncertainty in China. That uncertainty is starting to show up in slower growth and […]
Twitter, Inc. (NYSE:TWTR) buying the dips Twitter shares have lost altitude. The social network has been in a tailspin since the summer, losing more than one-third of value after hitting 52-week highs in June. Twitter advanced more than 47 percent in 2017, its best year since going public in 2013. Even with its autumn lull, its […]
United States Oil (USO) expected to agree to reduce supply Oil prices soared by around 5 percent on Monday after the United States and China agreed to a 90-day truce in their trade war, and ahead of a meeting this week by producer club OPEC that is expected to result in a supply cut. U.S. […]
Euro: USD/EUR (EUR=X) turning lower from Fibonacci resistance EUR/USD has managed to rally into the 76.4% retracement this morning, following on from a wider downturn from the 61.8% resistance at $1.1394. With a bearish, engulfing pattern looking likely from this resistance level, coupled with a wider bearish trend over recent months, another bearish period looks likely […]
Singapore: STI Index (.STI) manufacturing PMI contracts in November A Barometer of Singapore’s electronics manufacturing activity dipped into contractionary territory for the first time in more than two years in November, as US-China trade tensions and the peaking of the global semiconductor cycle weighed on sentiment. The latest electronics sector Purchasing Managers’ Index (PMI) extended […]
Shanghai: SSE Composite Index (.SSEC) 90-day trade war truce Stocks listed in mainland China and Hong Kong rose on Monday after Chinese president Xi Jinping and his US counterpart, Donald Trump, reached an agreement over the weekend to de-escalate the US-China trade war. On the mainland, the benchmark Shanghai Composite Index rose by 2.6 per […]
GOLD 1 OZ (XAU=X) Prices Pop On U.S.-China Trade War Cease-Fire Gold bears have still the overall near-term technical advantage. Bulls’ next upside price objective is to produce a close in February futures above solid resistance at the October high of $1,252.00. Bears’ next near-term downside price breakout objective is pushing prices below solid technical […]