Keeneland Launches Digital Sales Ring; Announces Online Select Horses Of Racing Age Sale On June 23

Keeneland Launches Digital Sales Ring; Announces Online Select Horses Of Racing Age Sale On June 23

Keeneland officials today announced the launch of the Keeneland Digital Sales Ring, a stand-alone online auction platform accessible to buyers and sellers around the world at Keenelanddigital.com. Kicking off the new digital platform will be a Select Horses of Racing Age Sale scheduled for June 23. “The Keeneland Digital Sales Ring marks a significant milestone in […]

Trump Signs Social Media Order After Twitter Decide What He Can Say

Trump Signs Social Media Order After Twitter Decide What He Can Say

“If freedom of speech is taken away, then dumb and silent we may be led, like sheep to the slaughter.” ― George Washington President Donald Trump signed an executive order that seeks to limit liability protections that social-media firms enjoy after Twitter Inc. began selective fact checks of his posts on the platform. Under current law, […]

Market Overview: Beware of Rally, Shake Coming

Market Overview: Beware of Rally, Shake Coming

Market Overview: Beware of Rally, Shake Coming The Day Ahead The United States prints personal consumption expenditures prices for 1Q20, as well as the Energy information Administration’s crude oil, gasoline, fuel production, and heating oil stocks change for the week concluded 22 may. South Korea announces April’s industrial production. Japan releases April’s industrial production and […]

Tesla, Inc. (NASDAQ:TSLA) Cuts Prices Again

Tesla, Inc. (NASDAQ:TSLA) Cuts Prices Again

Tesla, Inc. (NASDAQ:TSLA) Cuts Prices Again Tesla said on Wednesday it’ll cut prices of its electric vehicles in North America as the company ramps up car production at its Fremont, California, factory after the easing of coronavirus lockdowns. The company’s Model S sedans will now be priced from $79,990, and its Model X sport utility […]

Dow Jones Industrial Average (.DJI) Traders Return to Wall Street

Dow Jones Industrial Average (.DJI) Traders Return to Wall Street

Dow Jones Industrial Average (.DJI) Traders Return to Wall Street Investors celebrated the reopening of the new york stock exchange by sending stocks soaring Tuesday, as the nation continues to unwind from pandemic shutdowns and a lot of drug companies chase coronavirus cures. The Dow Jones industrial average closed the day up 530 points, about […]

Dow Jones Industrial Average (.DJI) Outlook

Dow Jones Industrial Average (.DJI) Outlook

Dow Jones Industrial Average (.DJI) Outlook The Dow Jones futures trading higher on memorial day as investors ignored rising tensions between USA and China and a new stand-off in Hong Kong and centered on the reopening of the economy and developments on the coronavirus treatment. Fed Governor Rosengreen in an interview on Sunday, said that […]

Triple Crown and other major stakes for 3-year-olds finally firming up

Triple Crown and other major stakes for 3-year-olds finally firming up

With the schedules for the 2020 Triple Crown and other major stakes for 3-year-olds finally firming up, trainer Patrick Biancone is stepping up the training programs for Sole Volante and Ete Indien at Palm Meadows, Gulfstream Park’s satellite training facility in Palm Beach County.  “I gave them an easy time in April. They should be […]

Sunlight Shines on Magic Millions Broodmare Sale

Sunlight Shines on Magic Millions Broodmare Sale

Champion mare Sunlight has been retired and the superstar sprinter will be sold as an elite breeding prospect at the Magic Millions National Broodmare Sale in July. A triple Group One winner and earner of over $6.5 million, Sunlight has spent the past three racing seasons as one of Australia’s best gallopers and she retires as the […]

Another Bumper Inglis Digital Sale in Australia

Another Bumper Inglis Digital Sale in Australia

For the second successive month, popular demand for the Inglis Digital Online Sale platform has seen a new record number of entries. The May Sale will take on the same format as the April Online Sale, where more than 432 lots sold (80%) for a gross of $4.2 million, demonstrating the strong demand across all […]

Royal Ascot 2020

Royal Ascot 2020

Ascot have unveiled a bumper schedule for this year’s behind closed doors Royal Meeting. Ascot Racecourse today unveiled the Order Of Running for the behind closed doors 2020 Royal Meeting (16th-20th June). In this unprecedented year, there are several alterations to the programme, including six extra races being added to the fixture. There will be […]

Dow Jones Industrial Average (.DJI) Fell as China Trade Tensions Escalate

Dow Jones Industrial Average (.DJI) Fell as China Trade Tensions Escalate

Dow Jones Industrial Average (.DJI) Fell as China Trade Tensions Escalate The Dow Jones Industrial Average fell 101.78 points, or 0.41%, to close at 24,474.12. The S&P 500 lost 23.10 points, or 0.78%, to end at 2948.51, and the Nasdaq Composite fell 90.90 points, or 0.97%, to close at 9284.88. China is coming up with […]

Dow Jones Industrial Average (.DJI) Takes a Dip

Dow Jones Industrial Average (.DJI) Takes a Dip

Dow Jones Industrial Average (.DJI) Takes a Dip U.S. stock indexes edged down at the open on Thursday as developing Sino-U.S. tensions and mixed retail earnings added to concerns about the pace of a recovery from a coronavirus-fueled economic slump. The Dow Jones Industrial Average .DJI fell 11.63 points, or 0.05%, at the open to […]

Statement: Race fixtures in Ireland can resume behind closed doors on June 8

Statement: Race fixtures in Ireland can resume behind closed doors on June 8

Horse Racing Ireland today welcomed the confirmation from the Government that race fixtures in Ireland can resume behind closed doors on June 8. Only key personnel necessary to run the fixture will be permitted to be on site where they will be subject to strict Covid-19 protocols. All those in attendance will be subject to […]

Président Handicap Chase: Straight to the top

Président Handicap Chase: Straight to the top

The “French Grand National”, the Président de la République Chase (Gr3) is the best-rated handicap run at Auteuil with € 155,000 in prize money. They are 20 at the start this year to take the outer steeple-chases course, over the distance of almost 3 miles.The race is usually held in April and has been delayed due to the […]

Godolphin’s European team ready to go as racing resumes

Godolphin’s European team ready to go as racing resumes

After a suspension due to the coronavirus pandemic that has lasted several weeks, and continues for the time being in some countries, the European racing season is now back underway and action resumes in France on Monday, 11 May at Longchamp. Godolphin will be represented by six runners in total, five from Andre Fabre’s yard […]

Guineas and Coronation Cup headline British racing resumption plan

Guineas and Coronation Cup headline British racing resumption plan

Three Series races to form a part of early schedule once racing resumes Horse racing fans across Britain received positive news yesterday as the BHA announced a provisional schedule, starting on Monday June 1 that included the staging of three QIPCO British Champions Series races. The Investec Coronation Cup, usually staged at Epsom, has been […]

Murat: Newcomers enter hot waters

Murat: Newcomers enter hot waters

A major stage in the spring chasing season, the Murat Chase (Gr2) also becomes the only one this year on the way to the Grand Steeple-Chase de Paris (Gr1) due to the coronavirus outbreak and the lockdown on racing that was enforced from March to May.The Grand Steeple-Chase de Paris (Gr1) will indeed be held on June […]

How to Break the Rules and Get Away With IT

How to Break the Rules and Get Away With IT

Historically, pandemics have forced humans to break with the past and imagine their world anew. This one is no different. It is a portal, a gateway between one world and the next. Without a doubt, the coronavirus is shaking the financial industry like never before. This is not the first time the world has faced […]

UK FTSE 100 (.FTSE) Stocks to edge lower as traders mull lockdown easing

UK FTSE 100 (.FTSE) Stocks to edge lower as traders mull lockdown easing

UK FTSE 100 (.FTSE) Stocks to edge lower as traders mull lockdown easing London stocks were set to edge lower on Tuesday as investors continue to mull the loosening of lockdown restrictions in the UK and abroad.The FTSE 100 was called to open 12 points lower at 5,927. Shayne Heffernan Trade Idea “The pound sold […]

Dow Jones Industrial Average (.DJI) End of Capitalism? Don’t Bet on it

Dow Jones Industrial Average (.DJI) End of Capitalism? Don’t Bet on it

Dow Jones Industrial Average (.DJI) End of Capitalism? There is an unfettered greed and it sits at the heart of the world economy.   Its most visible incarnation, of course, is Gordon Gecko’s home turf — Wall Street itself. Home of the New York Stock Exchange where trillions of stocks and shares are traded daily.  Here […]

Should I invest in Gold 1 OZ (XAU=X)?

Should I invest in Gold 1 OZ (XAU=X)?

Should I invest in Gold 1 OZ (XAU=X)? The price of gold has risen 20% year-to-date. Economic anxiety is running deep and financial systems are exceedingly fragile. This is boosting the price of gold to be the safe-haven asset to own. When the stock market crashed in March, the gold price also fell. This surprised […]

Bitcoin: USD/BTC (BTC=X) Massive volatility ahead of halving

Bitcoin: USD/BTC (BTC=X) Massive volatility ahead of halving

Bitcoin: USD/BTC (BTC=X) Massive volatility ahead of halving Bitcoin halving, as it’s called, is set to take place for the third time on or around May 12. In the past, this event has coincided with a strong run-up in the bitcoin price and may lead to pre- and post-halving volatility, with price implications extending into […]

Star Mares to Visit Justify

Star Mares to Visit Justify

Coolmore’s Tom Magnier secured Group I winner Booker earlier in the Inglis Chairman’s Sale for $1.6 million and then later added Champion Sprinting filly Samaready to his tally for $1.8 million, both mares set to be covered by Triple Crown winner Justify in the spring. Consigned by Vinery Stud, Samaready won the Group I MRC […]

Russian Camelot Makes History With Derby Victory

Russian Camelot Makes History With Derby Victory

Russian Camelot (3c Camelot – Lady Babooshka, by Cape Cross) became the first Northern Hemisphere-bred horse to win an Australian Derby when taking Saturday’s South Australian Derby worth $400,000. The Danny O’Brien-trained colt was sent off favourite for the Morphetville feature, despite the six month age gap between the bay and his rivals, with another challenge posed by […]

Apple unveils plans to reopen some US stores

Apple unveils plans to reopen some US stores

Apple on Friday said it will begin gradually reopening its retail shops in the US next week, taking pandemic precautions such as making sure everyone in them wears masks. The iPhone maker planned to start with some stores in Alabama, Alaska, Idaho and South Carolina. “We’ve missed our customers and look forward to offering our […]

Lufthansa to resume some European services in June

Lufthansa to resume some European services in June

German airline giant Lufthansa said Friday it will fly twice as many aircraft in June as in recent weeks and return to some European destinations, but the flight plan remains a shadow of pre-coronavirus operations. Spots beloved of holidaymakers like Spanish island Mallorca, Crete and German North Sea retreat Sylt will return to the timetable, […]

Prix de Saint-Georges History : The first French sprint of the season

Prix de Saint-Georges History : The first French sprint of the season

May, ParisLongchamp Prix de Saint-Georges Group 3, 3-year-old and above, 1,000m/5f, €56,000 Created in 1929 Last winner: Sestilio Jet (c4 FRA by French Fifteen ex Hideaway Girl, by Fasliyev), owned by Akhal Teke Properties, bred by Michel Monfort, trained by Andrea Maecialis, ridden by Lanfranco Dettori. Record-time: 55”2 by Sainte Marine (1998) and Peace Offering (2007). The race will be run in […]

Royal Ascot to be run behind closed doors

Royal Ascot to be run behind closed doors

The five day meeting will not be open to the public this year due to Coronavirus Pandemic Ascot racecourse confirmed that they have reached the “unavoidable conclusion” that Royal Ascot 2020 will not be able to take place as an event open to the public. Plans to run Royal Ascot races behind closed doors are […]

Dow Jones Industrial Average (.DJI) Mixed Amid Hopes for Business Pickup

Dow Jones Industrial Average (.DJI) Mixed Amid Hopes for Business Pickup

Dow Jones Industrial Average (.DJI) Mixed Amid Hopes for Business Pickup Wall Street’s major averages closed higher as investors digested the newly-released weekly report on US jobless claims. On Thursday, the Dow Jones Industrial Average jumped 211.25 points, or 0.89 per cent, to 23,875.89. The S&P 500 increased 32.77 points, or 1.15 per cent, to […]

GSX Techedu Inc. (NYSE:GSX) Heading for a Dip

GSX Techedu Inc. (NYSE:GSX) Heading for a Dip

GSX Techedu Inc. (NYSE:GSX) Heading for a Dip GSX TECHEDU INC. is a China-based holding company principally involved in the provision of technology-driven education services. Through its subsidiaries, the Company is engaged in the provision of online K-12 after-school tutoring services. It also offers foreign language, professional and interest courses. The Company conducts its businesses […]

Early Morning Traders Brief

Early Morning Traders Brief

WE HAVE A NEW PRODUCT BEING RELEASED – NEWEST MT5 TRADING PLATFORM. REGISTER TODAY AND RECEIVE EXCLUSIVE MEMBERSHIP. Market View Financial spreadbetters expect London’s FTSE to open 1 point lower at 5,853, Frankfurt’s DAX to open 5 points higher at 10,611 anParis’ CAC to open 2 points lower at 4,431. Asian shares pared early losses […]

Gold 1 OZ (XAU=X) – Will Portfolios Become Shinier

Gold 1 OZ (XAU=X) – Will Portfolios Become Shinier

Gold 1 OZ (XAU=X) – Will Portfolios Become Shinier Gold is respected throughout the world for its value and rich history, which has been interwoven into cultures for thousands of years. Coins containing gold appeared around 800 B.C., and the first pure gold coins were struck during the rein of King Croesus of Lydia about […]

The Walt Disney Company (NYSE:DIS) theme parks projected lose of $21 billion because of the coronavirus

The Walt Disney Company (NYSE:DIS) theme parks projected lose of $21 billion because of the coronavirus

The Walt Disney Company (NYSE:DIS) theme parks projected lose of $21 billion because of the coronavirus Disney revealed it lost a potential $1 billion due to park closures over the COVID-19 outbreak, but that might only be the beginning. Disney theme parks could lose close to $21 billion in revenue through 2022 because of closures from the coronavirus pandemic, The Orange County […]

Bitcoin: USD/BTC (BTC=X) Halving is 6 Sleeps Away

Bitcoin: USD/BTC (BTC=X) Halving is 6 Sleeps Away

Bitcoin: USD/BTC (BTC=X) Halving is 6 Sleeps Away Bitcoin halving search interest on Google has reached a fever pitch. On-chain activity is also on the rise as retail and institutional interest spikes. BTC bulls are hoping that history repeats itself and the price skyrockets. It’s been left for dead more than once, written off as nothing […]

NASDAQ Composite (.IXIC) Faces Trouble in August

NASDAQ Composite (.IXIC) Faces Trouble in August

NASDAQ Composite (.IXIC) Faces Trouble in August This is the trap awaiting the stock market ahead of a grim summer This year is shaping up exactly like the 2000 dot-com bubble crash and stocks will drop a further 40%, Shayne Heffernan, CEO and Founder of Heffx warns. April produced the best monthly gains for the […]

Sohu.com Limited (NASDAQ:SOHU) Upgrades to its AI-Driven Multilingual Mobile Keyboard

Sohu.com Limited (NASDAQ:SOHU) Upgrades to its AI-Driven Multilingual Mobile Keyboard

Sohu.com Limited (NASDAQ:SOHU) Upgrades to its AI-Driven Multilingual Mobile Keyboard Sogou Inc. (NYSE: SOGO) (“Sogou” or “the Company”), an innovator in search and a leader in China’s internet industry, released its Sogou Mobile Keyboard 10.8, the latest version of the Sogou Mobile Keyboard. Powered by Sogou’s leading AI technologies, the latest upgrade features new multilingual […]

Trivago N.V. (NASDAQ:TRVG) Giving Partners a Break

Trivago N.V. (NASDAQ:TRVG) Giving Partners a Break

Trivago N.V. (NASDAQ:TRVG)Giving Partners a Break Faced with a drop of more than 95 percent in referral revenue in the last week of the first quarter, Trivago informed investors that it has started to “make changes to our organizational setup,” including “significant” headcount reductions. Other than chopping jobs, and reducing costs, Trivago didn’t specify what organizational […]

Dow Jones Industrial Average Target 13500 August September 32000 in 2021

Dow Jones Industrial Average Target 13500 August September 32000 in 2021

Dow Jones Industrial Average Target 13500 August September 32000 in 2021 U.S. stocks were indicated to start higher on Tuesday, as futures added to gains Monday night, after a last-hour turnaround from energy and technology shares allowed the major benchmarks to finish in positive territory after spending much of the day’s session in the red. […]

Japanese Yen: USD/JPY (JPY=X) Buy at 105.20

Japanese Yen: USD/JPY (JPY=X) Buy at 105.20

Japanese Yen: USD/JPY (JPY=X) Buy at 105.20 USD/JPY has opened the week’s trade on a bearish note as risk-off amid fresh US-China trade woes weighs. The major was trading 0.14% lower on the day at 106.73 at around 05:15 GMT after closing 0.23% lower on Friday’s trade. US diplomats allege China for the mishandling of […]

Australian Dollar: USD/AUD (AUD=X) set to edge lower

Australian Dollar: USD/AUD (AUD=X) set to edge lower

Australian Dollar: USD/AUD (AUD=X) set to edge lower The Australian dollar significantly rallied a bit during the week, breaking above the 0.65 level before selling off towards the end of the same week. Ultimately, this is a market that I think could continue to see a lot of noise, especially in this area as it is a […]

HEFFX Oil Report

HEFFX Oil Report

A Shock Like No Other: The Impact of COVID-19 on the Oil Markets The outbreak of COVID-19 has been accompanied by widespread declines in global commodity prices. The pandemic represents a unique shock that has a major impact on both the demand and supply of commodities. Oil markets have been most affected, given the collapse […]

Canadian Dollar: USD/CAD (CAD=X) follows gains versus big dollar, ignores $3+ drop in crude prices

Canadian Dollar: USD/CAD (CAD=X) follows gains versus big dollar, ignores $3+ drop in crude prices

Canadian Dollar: USD/CAD (CAD=X) follows gains versus big dollar, ignores $3+ drop in crude prices The CAD is modestly firmer versus the USD but gains remain light relative to the AUD and NZD on the day—AUDCAD is trading at its highest levelsince the start of the year. We are bullish on the cross and look […]

United States Oil (USO) – Trump has tasked Mnuchin with developing a plan to revive the industry

United States Oil (USO) – Trump has tasked Mnuchin with developing a plan to revive the industry

United States Oil (USO) – Trump has tasked Mnuchin with developing a plan to revive the industry U.S. Treasury Secretary Steven Mnuchin weighed in on how he may work to rescue the energy industry hammered by the fallout from the coronavirus, which may include the government taking stakes in certain companies. Ticker Security Last Change Change % USO […]

Ethereum: USD/ETH (ETH=) notches higher highs

Ethereum: USD/ETH (ETH=) notches higher highs

Ethereum: USD/ETH (ETH=) notches higher highs Just hours ago as of the time of this article’s writing, Ethereum traded as high as $200, which meant that it had gained more than 120% from the lows of March. This has been a stunning rally that has convinced many investors to flip bullish on the leading altcoin. […]

Bitcoin: USD/BTC (BTC=X) Approaching Key Resistance

Bitcoin: USD/BTC (BTC=X) Approaching Key Resistance

Bitcoin: USD/BTC (BTC=X) Approaching Key Resistance Bitcoin is notoriously volatile, prone to sudden price surges and swift reversals that can wipe out millions of dollars of value in a matter of minutes. Those changes are often mysterious to market observers, given the digital currency’s lack of fundamentals, or ties to the real economy. Bitcoin has […]

Gold price high but miners say limited by COVID-19

Gold price high but miners say limited by COVID-19

Gold price high but miners say limited by COVID-19 Gold posted a two-sided trade last week before finishing higher. Selling pressure early in the week drove the market through the previous week’s low, but the comeback rally later in the week placed the market slightly below its seven year high at $1788.80. Short-term, the gold […]

Silver 1 OZ 999 NY (XAG=X) start week on front foot amid risk-on mood

Silver 1 OZ 999 NY (XAG=X) start week on front foot amid risk-on mood

Silver 1 OZ 999 NY (XAG=X) start week on front foot amid risk-on mood Three-month base metals prices on the London Metal Exchange were stronger across the board with prices up by an average of 1.7% as at 5.55am London time. Tin led the advance with a 3% rise to $15,350 per tonne, while aluminium […]

Australia: S&P/ASX 200 (.AXJO) gains ahead as US rallies, states ease lockdowns

Australia: S&P/ASX 200 (.AXJO) gains ahead as US rallies, states ease lockdowns

Australia: S&P/ASX 200 (.AXJO) gains ahead as US rallies, states ease lockdowns Australian shares are set to open higher as markets calmed after a wild week. ASX futures were up 82 points or 1.6 per cent to 5298. The Australian dollar was up 0.2 per cent to 63.85 US cents. Shayne Heffernan Trade Idea March […]

Cisco Systems, Inc. (NASDAQ:CSCO) – Smart Cities Bring Big Money

Cisco Systems, Inc. (NASDAQ:CSCO) – Smart Cities Bring Big Money

Cisco Systems, Inc. (NASDAQ:CSCO) – Smart Cities Bring Big Money Smart city tech will grow exponentially in the next few years, driven by advances in information and communications technology, including IoT sensors and analytics platforms. The smart city market is one of the fastest growing segments of government and is set to hit $775 billion […]

Gold 1 OZ (XAU=X) Investors Aiming for Gold

Gold 1 OZ (XAU=X) Investors Aiming for Gold

Gold 1 OZ (XAU=X) Investors Aiming for Gold Gold edged lower on Thursday as investors booked profits from sharp gains in the previous session, but prices held above the $1,700 an ounce level on the promise of more U.S. stimulus measures to ease the economic blow from the coronavirus crisis. Shayne Heffernan Trade Idea “As […]

Silver 1 OZ 999 NY (XAG=X) Buy at First Support

Silver 1 OZ 999 NY (XAG=X) Buy at First Support

Silver 1 OZ 999 NY (XAG=X) Buy at First Support Shayne Heffernan Trade Idea “The silver market is small so it doesn’t take a lot of money to really push prices higher.” Shayne Heffernan PhD in Economics Why This Matters Rising demand for silver from investors will offset sharp falls in consumption by jewellers and […]

Dow Jones Industrial Average (.DJI) another turbulent day on Wall Street

Dow Jones Industrial Average (.DJI) another turbulent day on Wall Street

Dow Jones Industrial Average (.DJI) another turbulent day on Wall Street It was another turbulent day on Wall Street as rapidly falling oil prices weighed on the stock market. Investors appeared to be moving to shed risk from their portfolios. Futures on West Texas Intermediate crude oil for June delivery plunged 43.4% to $11.57 a […]

Singapore: STI Index (.STI) remains weak as it tests 2018 low

Singapore: STI Index (.STI) remains weak as it tests 2018 low

Singapore: STI Index (.STI) remains weak as it tests 2018 low At times of sharp declines, important lows provide support. The STI has moved below the Oct 2018 low of 2,972 and is testing the intra-day Oct 2018 low of 2,961. Short-term stochastics is at the low end of its range but it maybe another […]

Hong Kong: HANG SENG INDEX (.HSI) stock market is part bear, part bull, posing challenges to investors

Hong Kong: HANG SENG INDEX (.HSI) stock market is part bear, part bull, posing challenges to investors

Hong Kong: HANG SENG INDEX (.HSI) stock market is part bear, part bull, posing challenges to investors Hong Kong’s stock market is part bear, part bull, posing challenges to investors. China’s semiconductor stocks are showing some virus immunity.Investors should look for stocks that will thrive in the post-coronavirus world. Here are some analysts like. Five questions investors should be asking. How long […]

Australia: S&P/ASX 200 (.AXJO) Australia Optimistic

Australia: S&P/ASX 200 (.AXJO) Australia Optimistic

Australia: S&P/ASX 200 (.AXJO) Australia Optimistic The last 24 hours has featured a sea of red ink right across global market over night and Australia hasn’t avoided the carnage with the S&P/ASX 200 (ASX:XJO) plunging 2.5% or 132 points to close at 5221 points today. Shayne Heffernan Trade Idea “The bright spot is that people […]

Did Facebook, Inc. (NASDAQ:FB) turn Libra into another PayPal?

Did Facebook, Inc. (NASDAQ:FB) turn Libra into another PayPal?

Did Facebook, Inc. (NASDAQ:FB) turn Libra into another PayPal? Last year, Facebook (NASDAQ: FB) assembled a consortium of companies to create an open-source cryptocurrency called Libra. Facebook planned to offer Libra as a payment option in a digital wallet called Calibra, then integrate those payments into Messenger and WhatsApp. But shortly afterwards, leading members of the consortium — including Visa, Mastercard, […]

United States Oil (USO) – OPEC cuts fail to end the panic

United States Oil (USO) – OPEC cuts fail to end the panic

United States Oil (USO) – OPEC cuts fail to end the panic The coronavirus pandemic has caused oil demand to drop so rapidly that the world is running out of room to store barrels. At the same time, Russia and Saudi Arabia flooded the world with excess supply. That double black swan has caused oil prices to […]

Bitcoin: USD/BTC (BTC=X) are abuzz over new data showing more people might be tiptoeing into the market

Bitcoin: USD/BTC (BTC=X) are abuzz over new data showing more people might be tiptoeing into the market

Bitcoin: USD/BTC (BTC=X) are abuzz over new data showing more people might be tiptoeing into the market Mass adoption has long been one of the main bullish investment theses for bitcoin. The bet is growing numbers of institutions and individuals will eventually come to understand the cryptocurrency’s virtues, from its potential use as a peer-to-peer payment […]

FTSE Bursa Malaysia KLCI (.KLSE) pares gains, tracks regional markets but CIMB shines

FTSE Bursa Malaysia KLCI (.KLSE) pares gains, tracks regional markets but CIMB shines

FTSE Bursa Malaysia KLCI (.KLSE) pares gains, tracks regional markets but CIMB shines Bursa Malaysia’s blue chips gave up most of its gains on Monday as investor sentiment turned cautious in line with key Asian markets but CIMB Group managed to prop up the FBM KLCI. Shayne Heffernan Trade Idea “We remain no change to […]

Hong Kong: HANG SENG INDEX (.HSI) stocks firm as key Chinese rate cut again

Hong Kong: HANG SENG INDEX (.HSI) stocks firm as key Chinese rate cut again

Hong Kong: HANG SENG INDEX (.HSI) stocks firm as key Chinese rate cut again China and Hong Kong stocks firmed on Monday as a key Chinese lending rate was cut for the second time this year to shore up the coronavirus-hit economy. Shayne Heffernan Trade Idea “The ‘stay-at-home economy’ is replacing the social economy. People […]

Tesla, Inc. (NASDAQ:TSLA) on track for their first 10-day winning streak in history

Tesla, Inc. (NASDAQ:TSLA) on track for their first 10-day winning streak in history

Tesla, Inc. (NASDAQ:TSLA) on track for their first 10-day winning streak in history Tesla shares are at it again, rising for the ninth straight day. The stock rose 2.1% to more than $745 Thursday. The shares (ticker: TSLA) have been on a seemingly unstoppable run. They are up roughly 65% since April 2, when the […]

United States Oil (USO) – President Donald Trump pulled off an energy coup

United States Oil (USO) – President Donald Trump pulled off an energy coup

United States Oil (USO) – President Donald Trump pulled off an energy coup In the midst of a pandemic, President Donald Trump pulled off an energy coup: He was able to convince the second and third largest crude oil producing countries to set their bickering aside and voluntarily cut production, at least for a couple of […]

Bitcoin: USD/BTC (BTC=X) Isn’t a Safe-Haven

Bitcoin: USD/BTC (BTC=X) Isn’t a Safe-Haven

Bitcoin: USD/BTC (BTC=X) Isn’t a Safe-Haven Yet In a note published last week on April 15th, the Federal Reserve Bank of Kansas City claimed that Bitcoin is decisively not a safe haven, noting that the asset has acted more like a risk asset than digital gold. The central bank branch cited Bloomberg data, which shows that […]

Euro: USD/EUR (EUR=X) Rallies Are Now a Chance To Sell

Euro: USD/EUR (EUR=X) Rallies Are Now a Chance To Sell

Euro: USD/EUR (EUR=X) Rallies Are Now a Chance To Sell The Euro reversed to the upside late Friday as investors, cautiously optimistic about the results of a drug trial and President Donald Trump’s plan to reopen the economy, regained some appetite for risk and in the process took profits in the U.S. Dollar ahead of […]

Japanese Yen: USD/JPY (JPY=X) near-term bias remains neutral

Japanese Yen: USD/JPY (JPY=X) near-term bias remains neutral

Japanese Yen: USD/JPY (JPY=X) near-term bias remains neutral The Dollar/Yen finished marginally higher last week after posting an uneventful two-sided trade. The Forex pair fell to a two-week low as risk sentiment returned to the market following better-than-expected economic data from China (Trade Balance), which painted a less gloomy picture than feared following the coronavirus […]

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