Alphabet Inc. (NASDAQ:GOOG) Goldman raises stock price forecast

Alphabet Inc. (NASDAQ:GOOG) Goldman raises stock price forecast

Alphabet Inc. (NASDAQ:GOOG) Goldman raises stock price forecast When Alphabet Inc. reports earnings Monday, the European Union’s $5.07 billion Android antitrust fine will ruin the company’s profit. Alphabet GOOGL, -1.14% GOOG, -0.75% stock was relatively flat Wednesday, when the fine formally was announced, and Google has said it plans to appeal the fine. However, the […]

Facebook, Inc. (NASDAQ:FB) For the Long Haul, Still a Buying Opportunity

Facebook, Inc. (NASDAQ:FB) For the Long Haul, Still a Buying Opportunity

Facebook, Inc. (NASDAQ:FB) For the Long Haul, Still a Buying Opportunity The Facebook Inc. (Nasdaq: FB) stock price is trading at all-time highs right now ($209.99 per share), but there’s still time to double your money on this tech juggernaut. A few years back – when Facebook was in the doghouse – I predicted it […]

Alibaba Group Holding Limited (NYSE:BABA) reached at $190.79 price level during last trade

Alibaba Group Holding Limited (NYSE:BABA) reached at $190.79 price level during last trade

Alibaba Group Holding Limited (NYSE:BABA) reached at $190.79 price level during last trade On Wednesday, Alibaba Group Holding Limited(NYSE:BABA) reached at $190.79 price level during last trade its distance from 20 days simple moving average is -0.70%, and its distance from 50 days simple moving average is -3.38% while it has a distance of 2.49% from the […]

NASDAQ Composite (.IXIC) Possible Correction to 7,600

NASDAQ Composite (.IXIC) Possible Correction to 7,600

NASDAQ Composite (.IXIC) Possible Correction to 7,600 Thursday’s session closes with the NASDAQ Composite Index at 7,825.30. The total shares traded for the NASDAQ was over 1.88 billion. Advancers stocks led declining by 1.17 to 1 ratio. There were 1618 advancers and 1387 decliners for the day. On the NASDAQ Stock Exchange 70 stocks reached […]

Tesla, Inc. (NASDAQ:TSLA) downgraded to Sell from Hold

Tesla, Inc. (NASDAQ:TSLA) downgraded to Sell from Hold

Tesla, Inc. (NASDAQ:TSLA) downgraded to Sell from Hold  Spelunker Vernon Unsworth is considering legal action against Elon Musk after the Tesla CEO made the baseless claim that he was a pedophile. Unsworth had criticized Musk’s idea to use a submarine crafted out of a SpaceX rocket part to free the previously trapped boys’ soccer team […]

Dow Jones Industrial Average (.DJI) Declines more than 100 points after banks slide

Dow Jones Industrial Average (.DJI) Declines more than 100 points after banks slide

Dow Jones Industrial Average (.DJI) Declines more than 100 points after banks slide U.S. stocks were lower after the close on Thursday, as losses in the Telecoms, Basic Materials and Financials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.53%, while the S&P 500 index declined 0.40%, and […]

Twitter, Inc. (NYSE:TWTR) Under Pressure

Twitter, Inc. (NYSE:TWTR) Under Pressure

Twitter, Inc. (NYSE:TWTR) Under Pressure After years of underperformance, Twitter Inc (NYSE: TWTR) stock finally delivered some major gains for investors in the first half of 2018. Unfortunately, Twitter’s rally may have already run out of steam. On Wednesday, Macquarie Research analyst Benjamin Schachter downgraded TWTR stock from “buy” to “neutral.” Schachter says Twitter has […]

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

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

Shanghai: SSE Composite Index (.SSEC) Extend Losing Streak

Shanghai: SSE Composite Index (.SSEC) Extend Losing Streak

Shanghai: SSE Composite Index (.SSEC) Extend Losing Streak The dollar retreated from a three-week high as investors cashed in on gains the currency made after U.S. Federal Reserve Chairman Jerome Powell’s two-day testimony reinforced a strong economic outlook. The trade war fears between the United States and China kept the offshore yuan to 6.7650 per […]

Singapore Dollar: USD/SGD (SGD=X) Target 1.36

Singapore Dollar: USD/SGD (SGD=X) Target 1.36

Singapore Dollar: USD/SGD (SGD=X) Target 1.36 Overall, the bias in prices is: Upwards. The projected upper bound is: 1.38. The projected lower bound is: 1.36. The projected closing price is: 1.37. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 6 white candles and […]

Japanese Yen: USD/JPY (JPY=X) Rally Revives

Japanese Yen: USD/JPY (JPY=X) Rally Revives

Japanese Yen: USD/JPY (JPY=X) Rally Revives Dollar bulls are taking charge of USD/JPY once again this morning, pushing the price back to the highs of the week. The USD/JPY made a bearish bounce after reaching the -27.2% Fibonacci target at 113.23 and price is now challenging the support trend line (green). A new bullish breakout could indicate […]

British Pound: USD/GBP (GBP=X) Struggling with Weak Data

British Pound: USD/GBP (GBP=X) Struggling with Weak Data

British Pound: USD/GBP (GBP=X) Struggling with Weak Data Data so far this week, particularly consumer price index (CPI) yesterday, has not done much to reinforce the idea that the Bank of England (BoE) will raise rates in August, impacting GBP/USD. The price is testing the area around $1.3020, the lows of yesterday’s session. Below this, […]

Australian Dollar: USD/AUD (AUD=X) is the stand out performer overnight

Australian Dollar: USD/AUD (AUD=X) is the stand out performer overnight

Australian Dollar: USD/AUD (AUD=X) is the stand out performer overnight Bids in the dollar sees the pair surrender its gains from the employment report. It was a short-lived run for buyers as the upbeat Aussie employment report saw price jump to a high of 0.7441 but ultimately failed to move any higher with the 23.6 […]

Singapore: STI Index (.STI) Extends Gains

Singapore: STI Index (.STI) Extends Gains

Singapore: STI Index (.STI) Extends Gains The Stock Exchange of Thailand closed at a one-month high, while Singapore shares marked its highest close in over three weeks on Thursday. A robust effort from United States markets overnight helped local shares bounce back from Wednesday’s flat finish to end higher yesterday. The Straits Times Index advanced […]

Hong Kong: HANG SENG INDEX (.HSI) shares drop, led by airlines

Hong Kong: HANG SENG INDEX (.HSI) shares drop, led by airlines

Hong Kong: HANG SENG INDEX (.HSI) shares drop, led by airlines China Southern Airlines and other carriers tumbled as the yuan slid to the lowest level in 12 months after the central bank lowered the reference rate amid the intensifying trade spat with the US. The Chinese currency fell as much as 0.5 per cent […]

Twitter, Inc. (NYSE:TWTR) Big Improvements are ‘Already Priced In’

Twitter, Inc. (NYSE:TWTR) Big Improvements are ‘Already Priced In’

Twitter, Inc. (NYSE:TWTR) Big Improvements are ‘Already Priced In’ Twitter has quietly been one of the best performing US stocks this year. It’s up more than 80% this year, but has flown under the radar because of the big gains from tech giants Netflix and Amazon. Macquarie Research lowered its rating on shares of Twitter […]

The NYSE Bitcoin Index (.NYXBT) Surged by 10 per cent in Less than an Hour

The NYSE Bitcoin Index (.NYXBT) Surged by 10 per cent in Less than an Hour

The NYSE Bitcoin Index (.NYXBT) Surged by 10 per cent in Less than an Hour The U.S. Patent and Trademark Office officially granted MasterCard a patent for a method of increasing the speed of cryptocurrency transactions. The price of bitcoin surged by 10 per cent in less than an hour on Tuesday, pushing the cryptocurrency’s value above […]

Alibaba Group Holding Limited (NYSE:BABA) Investing in Focus Media

Alibaba Group Holding Limited (NYSE:BABA) Investing in Focus Media

Alibaba Group Holding Limited (NYSE:BABA) Investing in Focus Media Alibaba is investing big bucks into offline distribution. The Chinese e-commerce giant has forked out $2.23 billion in exchange for a sizeable piece of Focus Media, a Shanghai-based company that operates outdoor digital advertising screens across China, Singapore and Hong Kong, according to a U.S. filing. […]

Alphabet Inc. (NASDAQ:GOOG) Up Despite €4.3 Billion EU Fine

Alphabet Inc. (NASDAQ:GOOG) Up Despite €4.3 Billion EU Fine

Alphabet Inc. (NASDAQ:GOOG) Up Despite €4.3 Billion EU Fine Google parent Alphabet (GOOG – Get Report) , (GOOGL – Get Report) rose slightly in midday trading Wednesday following news of a record $5 billion European Union fine against the company for manipulating Android mobile devices to give the Google search engine an advantage over rivals. […]

Tesla, Inc. (NASDAQ:TSLA) Keep Those Seatbelts Fastened

Tesla, Inc. (NASDAQ:TSLA) Keep Those Seatbelts Fastened

Tesla, Inc. (NASDAQ:TSLA) Keep Those Seatbelts Fastened Between 2010 and 2018, Tesla’s smart money, institutional investors and corporate investors, have easily doubled their Tesla returns unlike an average Tesla buy-and-hold investor. Many active Tesla stockholders such as hedge fund managers and short sellers did not make more money than an average Tesla investor. Presumably, Tesla […]

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

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

Japanese Yen: USD/JPY (JPY=X) Target 115.65

Japanese Yen: USD/JPY (JPY=X) Target 115.65

Japanese Yen: USD/JPY (JPY=X) Target 115.65 An increase in Japan’s appetite for risk assets overseas is having an outsized impact closer to home – on the traditional safe haven status of the yen. Accelerating demand for foreign equities by Japanese investors is one factor behind the unexpected slide in the nation’s currency, down more than […]

Hong Kong: HANG SENG INDEX (.HSI) Shares Down Slightly

Hong Kong: HANG SENG INDEX (.HSI) Shares Down Slightly

Hong Kong: HANG SENG INDEX (.HSI) Shares Down Slightly Hong Kong shares fell slightly on Wednesday, with risk appetite curbed by renewed yuan weakness. The Hang Seng index fell 0.2 percent, to 28,117.42, while the China Enterprises Index lost 0.1 percent, to 10,578.46 points. Overall, the bias in prices is: Downwards. Note: this chart shows […]

GOLD 1 OZ (XAU=X) Support at $1204

GOLD 1 OZ (XAU=X) Support at $1204

GOLD 1 OZ (XAU=X) Support at $1204 GOLD PRICES set new 12-month lows against a rising Dollar on Wednesday in London, touching $1222 per ounce as the US currency rose yet again following weaker-than-expected Eurozone and UK inflation data. Gold bears have the solid overall near-term technical advantage amid a price downtrend on the daily bar […]

Singapore: STI Index (.STI) Slightly Extends Gains

Singapore: STI Index (.STI) Slightly Extends Gains

Singapore: STI Index (.STI) Slightly Extends Gains Regulators in Singapore are looking to ramp up targeted measures against financial crime, including tapping data analytics and boosting information sharing with financial institutions, said an official from the Monetary Authority of Singapore (MAS) on Wednesday morning. The Cyber Security Agency of Singapore (CSA) and the Financial Services […]

Australian Dollar: USD/AUD (AUD=X) uncertainty over the outlook for international trade

Australian Dollar: USD/AUD (AUD=X) uncertainty over the outlook for international trade

Australian Dollar: USD/AUD (AUD=X) uncertainty over the outlook for international trade The Australian Dollar reversed earlier losses during noon trading Wednesday and marched higher ahead of the June employment report, which traders will watch closely for clues about the condition of Australia’s labour market. In late-morning trades, the benchmark S&P/ASX 200 Index is adding 49.30 […]

Australia: S&P/ASX 200 (.AXJO) Miners lead ASX Higher

Australia: S&P/ASX 200 (.AXJO) Miners lead ASX Higher

Australia: S&P/ASX 200 (.AXJO) Miners lead ASX Higher The Australian sharemarket rebounded from two days in the red, following a strong session for mining giant BHP Billiton. The best performing stock in the S&P/ASX 200 is Saracen Mineral Holdings Limited (ASX:SAR), rising 7.32 per cent higher to $2.20, followed by shares in Technology One Limited […]

Dow Jones Industrial Average (.DJI) No News is Good News

Dow Jones Industrial Average (.DJI) No News is Good News

Dow Jones Industrial Average (.DJI) No News is Good News Wall Street has risen as Federal Reserve chairman Jerome Powell’s optimistic view on the US economy and solid earnings from Dow component Johnson & Johnson lifted expectations of a robust second-quarter earnings season. Powell, discounting the risk that a trade war may throw a global […]

Alibaba Group Holding Limited (NYSE:BABA) This dip is a buying opportunity

Alibaba Group Holding Limited (NYSE:BABA) This dip is a buying opportunity

Alibaba Group Holding Limited (NYSE:BABA) This dip is a buying opportunity In mid-June, Alibaba (NYSE:BABA) was making new all-time highs above $210 as investors were focused on the company’s hyper-growth prospects through the booming Southeast Asian consumer markets. But then escalating trade tensions stung the stock. Investors stopped focusing on big growth in under-penetrated Southeast […]

Facebook, Inc. (NASDAQ:FB) Bullish Momentum To Continue

Facebook, Inc. (NASDAQ:FB) Bullish Momentum To Continue

Facebook, Inc. (NASDAQ:FB) Bullish Momentum To Continue Shares of Facebook Inc. (FB) (Facebook Inc 209.99 +1.33%) are up nearly tenfold over the past five years, easily outpacing the S&P 500 return of just 66 percent. Facebook, Inc. has a consensus outperform rating from 45 Wall Street analysts, and the number of shares currently sold short […]

Twitter, Inc. (NYSE:TWTR) Have Skyrocketed 135% Over the Last Year

Twitter, Inc. (NYSE:TWTR) Have Skyrocketed 135% Over the Last Year

Twitter, Inc. (NYSE:TWTR) Have Skyrocketed 135% Over the Last Year Shares of Twitter have skyrocketed 135% over the last year, which crushes the S&P 500’s 15.3% climb and also tops Amazon’s (NASDAQ:AMZN) 76%. This climb includes a nearly 50% surge over the last three months on the back of its impressive first quarter. The recent […]

Alphabet Inc. (NASDAQ:GOOG) Record-Busting Fine Looms

Alphabet Inc. (NASDAQ:GOOG) Record-Busting Fine Looms

Alphabet Inc. (NASDAQ:GOOG) Record-Busting Fine Looms  Google will learn if it faces a record fine over its Android operating system in the coming hours. The European Commission has claimed the US tech giant’s mobile device strategy unfairly strengthened its dominance of search. The regulator can fine the firm up to 10% of its annual revenue […]

NASDAQ Composite (.IXIC) Sets Record

NASDAQ Composite (.IXIC) Sets Record

NASDAQ Composite (.IXIC) Sets Record Tech traders who spent the last few days worrying about what Netflix Inc.’s earnings would hold should’ve been thinking about something else: Jay Powell’s congressional testimony. After starting the day in the red after Netflix bombed on subscriber growth, the Nasdaq Composite Index rebounded before noon and closed at a record, along […]

Tesla, Inc. (NASDAQ:TSLA) No more drama, please

Tesla, Inc. (NASDAQ:TSLA) No more drama, please

Tesla, Inc. (NASDAQ:TSLA) No more drama, please Despite a massive backlog of Model 3 reservations, Tesla is having trouble finding customers for the premium Model 3 variants that it can actually build profitably. Tesla (NASDAQ:TSLA) finally seems to be fixing its early production hiccups for the highly anticipated Model 3 sedan. The electric-car pioneer produced […]

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

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

Japanese Yen: USD/JPY (JPY=X) Appreciation is Risk

Japanese Yen: USD/JPY (JPY=X) Appreciation is Risk

Japanese Yen: USD/JPY (JPY=X) Appreciation is Risk The market’s value orientation is a challenge without a clear growth catalyst. Yen appreciation is another risk. Positives include shareholder-friendly corporate behavior, solid company earnings and support from Bank of Japan stock buying. The dollar rose to 112.41 yen from 112.30 yen late Monday. After Mon.’s balance on […]

Singapore: STI Index (.STI) A key focus now: how firms are weathering trade disputes

Singapore: STI Index (.STI) A key focus now: how firms are weathering trade disputes

Singapore: STI Index (.STI) A key focus now: how firms are weathering trade disputes The Straits Times Index (STI) ended 6.85 points or 0.21% higher at 3239.64, taking the year-to-date performance to -4.80%. The top active stocks today were DBS, which gained 0.54%, Venture, which gained 3.53%, OCBC Bank, which declined 0.18%, UOB, which declined […]

Australian Dollar: USD/AUD (AUD=X) China to dictate what direction the Australian dollar will move

Australian Dollar: USD/AUD (AUD=X) China to dictate what direction the Australian dollar will move

Australian Dollar: USD/AUD (AUD=X) China to dictate what direction the Australian dollar will move The Aussie underperformed in the weeks of broad US dollar strength following the FOMC and ECB mid-June meetings but so far in July it has been near the middle of the G10 pack. Weighing on AUD have been a pullback in […]

British Pound: USD/GBP (GBP=X) Expect the Pound to be Volatile

British Pound: USD/GBP (GBP=X) Expect the Pound to be Volatile

British Pound: USD/GBP (GBP=X) Expect the Pound to be Volatile The UK’s Brexit proposal would see the country effectively retaining full access to the EU single market for goods but losing access for services. It is closer to a “soft Brexit” than many had anticipated, angering some in the pro-Brexit camp. The proposal reflects the […]

Euro: USD/EUR (EUR=X) Currency-Hedged Positions Attractive for U.S.-dollar Investor

Euro: USD/EUR (EUR=X) Currency-Hedged Positions Attractive for U.S.-dollar Investor

Euro: USD/EUR (EUR=X) Currency-Hedged Positions Attractive for U.S.-dollar Investor The ECB’s negative interest rate policy has made yields unattractive and vulnerable to the improving growth outlook. We expect core eurozone yields to rise. We are cautious on peripherals given tight valuations, political risks in Italy and the upcoming end to the ECB’s net asset purchases. […]

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher Australian shares are poised to open higher, bolstered by gains on Wall Street and in Europe. ASX futures up 18 points.. The Australian dollar slips. Here’s a short recap of the Australian market: S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.61% to 6,203.60 ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower […]

Hong Kong: HANG SENG INDEX (.HSI) disruptions in global trade would pose risks

Hong Kong: HANG SENG INDEX (.HSI) disruptions in global trade would pose risks

Hong Kong: HANG SENG INDEX (.HSI) disruptions in global trade would pose risks The economic backdrop is encouraging, with near-term resilience in China and solid corporate earnings. We like selected Southeast Asian markets but recognize a worse-than-expected Chinese slowdown or disruptions in global trade would pose risks to the entire region. Stable fundamentals, cheapening valuations […]

SILVER 1 OZ 999 NY (XAG=X) Hits 12 Month Low

SILVER 1 OZ 999 NY (XAG=X) Hits 12 Month Low

SILVER 1 OZ 999 NY (XAG=X) Hits 12 Month Low The silver bears have the solid overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at the July high of $16.26 an ounce. The next downside price breakout objective for the bears is closing prices below […]

What Should Investors do with Twitter, Inc. (NYSE:TWTR) Stock?

What Should Investors do with Twitter, Inc. (NYSE:TWTR) Stock?

What Should Investors do with Twitter, Inc. (NYSE:TWTR) Stock? Unmatched earnings momentum, corporate tax cuts and fiscal stimulus underpin our positive view. We like momentum. We prefer quality over value amid steady global growth but rising uncertainty around the outlook. Financials and technology are our favored sectors. Nearly one fifth of the S&P 500 market […]

The NYSE Bitcoin Index (.NYXBT) back into the green today

The NYSE Bitcoin Index (.NYXBT) back into the green today

The NYSE Bitcoin Index (.NYXBT) back into the green today Bitcoin continued to edge higher on Tuesday, extending gains made on the previous day on news that asset-management giant BlackRock has set up a working group to look into cryptocurrencies and blockchain, the technology that underpins them. The market jumped into the green this morning after suffering a worried […]

Tesla, Inc. (NYSE:TSLA) Musk “can stick his submarine where it hurts

Tesla, Inc. (NYSE:TSLA) Musk “can stick his submarine where it hurts

Tesla, Inc. (NYSE:TSLA) Musk “can stick his submarine where it hurts Musk taught himself computer programming at the age of 12. He moved to Canada when he was 17 to attend Queen’s University. He transferred to the University of Pennsylvania two years later, where he received an economics degree from the Wharton School and a […]

Facebook, Inc. (NASDAQ:FB) Investing Heavily in Technology to Remove the Bad Stuff Before It’s Even Reported

Facebook, Inc. (NASDAQ:FB) Investing Heavily in Technology to Remove the Bad Stuff Before It’s Even Reported

Facebook, Inc. (NASDAQ:FB) Investing Heavily in Technology to Remove the Bad Stuff Before It’s Even Reported There are two ways to get bad content, like terrorist videos, hate speech, porn or violence off Facebook: take it down when someone flags it, or proactively find it using technology. Both are important. But advances in technology, including […]

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

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

Tesla is Imploding as CEO has Tantrum

Tesla is Imploding as CEO has Tantrum

Tesla is Imploding as CEO has Tantrum $TSLA Tesla shares stumbled Monday as chief executive Elon Musk faced criticism over a public spat with a British diver who worked on the Thai soccer team rescue. Shares of the electric car maker were down 3.5 percent in late-morning trading at $307.82 on news that Musk could […]

Bitcoin: USD/BTC (BTC=X) bullish momentum resting $6,630

Bitcoin: USD/BTC (BTC=X) bullish momentum resting $6,630

Bitcoin: USD/BTC (BTC=X) bullish momentum resting $6,630 Overall, the bias in prices is: Downwards. The projected upper bound is: 7,313.05. The projected lower bound is: 6,012.94. The projected closing price is: 6,663.00. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 6 white candles […]

United States Oil (USO) closing below a key short-term level

United States Oil (USO) closing below a key short-term level

United States Oil (USO) closing below a key short-term level Crude-oil prices early Monday were trading sharply lower, with the U.S. benchmark on track to drop beneath a key short-term level that could imply near-term momentum for the commodity is eroding. August West Texas Intermediate crude CLQ8, -0.15% was trading at $69.56 a barrel, off […]

Canadian Dollar: USD/CAD (CAD=X) direction will be governed by broad U.S. dollar moves

Canadian Dollar: USD/CAD (CAD=X) direction will be governed by broad U.S. dollar moves

Canadian Dollar: USD/CAD (CAD=X) direction will be governed by broad U.S. dollar moves The Canadian dollar inched higher overnight. It may be a busy week, but the Canadian dollar’s direction will be governed by broad U.S. dollar moves, at least until the end of the week. On Friday, Canada Retail Sales and Consumer Price Index […]

Euro: USD/EUR (EUR=X) initial support for the pair aligns at 1.1675

Euro: USD/EUR (EUR=X) initial support for the pair aligns at 1.1675

Euro: USD/EUR (EUR=X) initial support for the pair aligns at 1.1675 The EUR/USD pair traded in a relatively tight 50-pip range on Monday as today’s macroeconomic data releases failed to receive a significant enough reaction from the market to shift the pair’s near-term neutral outlook. As we are approaching the end of the day, the EUR/USD pair […]

Shanghai: SSE Composite Index (.SSEC) stocks fall on soft economy data

Shanghai: SSE Composite Index (.SSEC) stocks fall on soft economy data

Shanghai: SSE Composite Index (.SSEC) stocks fall on soft economy data Chinese mainland stocks started the week on a soft note, after data showed the country’s economy expanded at a slower pace in the second quarter, while the heated trade war with the US threatened to knock exports. The blue-chip CSI300 index dropped 0.59 percent […]

Japanese Yen: USD/JPY (JPY=X) difficult time setting its next short-term direction

Japanese Yen: USD/JPY (JPY=X) difficult time setting its next short-term direction

Japanese Yen: USD/JPY (JPY=X) difficult time setting its next short-term direction  The USD/JPY pair is having a difficult time setting its next short-term direction on Monday amid a subdued trading action surrounding the FX markets. After advancing to mid-112 during the first half of the day, the USD/JPY pair lacked a follow-through as this move […]

Australian Dollar: USD/AUD (AUD=X) bulls hang in there while bears look for a test below 0.7400 ahead of RBA minutes

Australian Dollar: USD/AUD (AUD=X) bulls hang in there while bears look for a test below 0.7400 ahead of RBA minutes

Australian Dollar: USD/AUD (AUD=X) bulls hang in there while bears look for a test below 0.7400 ahead of RBA minutes Overall, the bias in prices is: Downwards. The projected upper bound is: 0.75. The projected lower bound is: 0.73. The projected closing price is: 0.74. Candlesticks A black body occurred (because prices closed lower than […]

Singapore Dollar: USD/SGD (SGD=X) Upside pressure from a weakened Singapore economy

Singapore Dollar: USD/SGD (SGD=X) Upside pressure from a weakened Singapore economy

Singapore Dollar: USD/SGD (SGD=X) Upside pressure from a weakened Singapore economy Asian currencies were a mixed bag at the start of the new week, with KRW (-0.50%) leading the losses given a bleak economic outlook and risks from the global trade war underscored by officials. INR (-0.21%) was down due to the surge in its […]

Singapore: STI Index (.STI) higher in back-to-back trading days

Singapore: STI Index (.STI) higher in back-to-back trading days

Singapore: STI Index (.STI) higher in back-to-back trading days The Singapore stock market has moved higher in back-to-back trading days, gathering more than 40 points or 1.2 percent along the way. The Straits Times Index now rests just above the 3,260-point plateau and it’s expected to open in the green again on Monday. The global […]

SILVER 1 OZ 999 NY (XAG=X) Slip Amid Steep Drop In Crude Oil

SILVER 1 OZ 999 NY (XAG=X) Slip Amid Steep Drop In Crude Oil

SILVER 1 OZ 999 NY (XAG=X) Slip Amid Steep Drop In Crude Oil Gold and silver prices were modestly lower in early-afternoon U.S. trading Monday. Both markets are hovering near their 12-month lows set last week. Scant risk aversion in the marketplace the past several weeks has most traders and investors avoiding the safe-haven metals. […]

GOLD 1 OZ (XAU=X) hovering near their 12-month lows

GOLD 1 OZ (XAU=X) hovering near their 12-month lows

GOLD 1 OZ (XAU=X) hovering near their 12-month lows Technically, the gold bears have the solid overall near-term technical advantage. A three-month-old downtrend is in place on the daily bar chart. Gold bulls’ next upside near-term price breakout objective is to produce a close above solid technical resistance at the July high of $1,266.90. Bears’ […]

Australia: S&P/ASX 200 (.AXJO) poised to open lower, oil plunges

Australia: S&P/ASX 200 (.AXJO) poised to open lower, oil plunges

Australia: S&P/ASX 200 (.AXJO) poised to open lower, oil plunges Australia stocks were lower after the close on Monday, as losses in the Gold, Healthcare and A-REITs sectors led shares lower. At the close in Sydney, the S&P/ASX 200 lost 0.45%. The best performers of the session on the S&P/ASX 200 were G8 Education Ltd […]

Hong Kong: HANG SENG INDEX (.HSI) stocks decline as investors await China data

Hong Kong: HANG SENG INDEX (.HSI) stocks decline as investors await China data

Hong Kong: HANG SENG INDEX (.HSI) stocks decline as investors await China data Investors seek for clues from quarterly economic indicators of the initial economic impact from trade war and ongoing financial deleveraging In Hong Kong, the Hang Seng Index added 0.1 per cent, or 14.22 points, to 28,539.66. The Hang Seng China Enterprises Index, […]

Tesla, Inc. (NASDAQ:TSLA) Production Hell Continue To Trickle Out

Tesla, Inc. (NASDAQ:TSLA) Production Hell Continue To Trickle Out

Tesla, Inc. (NASDAQ:TSLA) Production Hell Continue To Trickle Out Tesla Inc (NASDAQ:TSLA) originally planned to produce 200,000 Model 3 sedans by the end of 2017. When the year ended, it had only made 2,700 of them. Instead of producing a futuristic army of fast-working robots to assemble the electric cars, Tesla has relied heavily on […]

Twitter, Inc. (NYSE:TWTR) could see more gains ahead

Twitter, Inc. (NYSE:TWTR) could see more gains ahead

Twitter, Inc. (NYSE:TWTR) could see more gains ahead  Checking in on some valuation rankings, Twitter, Inc. (NYSE:TWTR) has a Value Composite score of 74. Developed by James O’Shaughnessy, the VC score uses five valuation ratios. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, and price to […]

NASDAQ Composite (.IXIC) extraordinary price action to the upside

NASDAQ Composite (.IXIC) extraordinary price action to the upside

NASDAQ Composite (.IXIC) extraordinary price action to the upside Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 8,009.25. The projected lower bound is: 7,671.71. The projected closing price is: 7,840.48. Candlesticks A black body occurred (because prices closed lower than they […]

The NYSE Bitcoin Index (.NYXBT) Market Rebounds

The NYSE Bitcoin Index (.NYXBT) Market Rebounds

The NYSE Bitcoin Index (.NYXBT) Market Rebounds With the boom in cryptocurrencies, millions of people are buying and selling virtual coins every day. Some of this activity occurs off-line, with people handing each other spending rights to the coins, but most of it happens through the online exchanges. These companies attract millions of dollars and […]

World’s Biggest Oil (USO) Traders are Counting Hefty Losses

World’s Biggest Oil (USO) Traders are Counting Hefty Losses

World’s Biggest Oil (USO) Traders are Counting Hefty Losses The world’s biggest oil traders are counting hefty losses after a surprise doubling in the price discount of U.S. light crude to benchmark Brent in just a month, as surging U.S production upends the market. Trading desks of oil major BP and merchants Vitol , Gunvor […]

Facebook, Inc. (NASDAQ:FB) Valuations Are Baffling

Facebook, Inc. (NASDAQ:FB) Valuations Are Baffling

Facebook, Inc. (NASDAQ:FB) Valuations Are Baffling You’re about to read about technology stocks, but don’t expect to see a mention of the “B” word (for “bubble”). Some smart analysts recently urged calm about the eye-popping stock market values of a handful of U.S. technology superstars, including Apple Inc. and Amazon.com Inc. The gist is that […]

Alibaba Group Holding Limited (NYSE:BABA) Target $200

Alibaba Group Holding Limited (NYSE:BABA) Target $200

Alibaba Group Holding Limited (NYSE:BABA) Target $200 Overall, the bias in prices is: Downwards. The projected upper bound is: 200.14. The projected lower bound is: 180.29. The projected closing price is: 190.21. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 2 white candles […]

Dow Jones Industrial Average (.DJI) Looking Good Heading Into Earnings Season

Dow Jones Industrial Average (.DJI) Looking Good Heading Into Earnings Season

Dow Jones Industrial Average (.DJI) Looking Good Heading Into Earnings Season The upside price moves recently in the US Equities markets have been dramatic.  While many people believe the US Equity markets are overvalued and setting up for a top, we believe just the opposite – that the US Equity market and strong US Dollar […]

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $T, $BLK, $AVGO, $DEO, $GLMD Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Street’s Top analysts outlook for Key issues for Monday, as […]

Australian Dollar: USD/AUD (AUD=X) Focus on RBA’s Meeting Minutes

Australian Dollar: USD/AUD (AUD=X) Focus on RBA’s Meeting Minutes

Australian Dollar: USD/AUD (AUD=X) Focus on RBA’s Meeting Minutes The Aussie found support in equities, settling against its American rival at 0.7423, as Wall Street closed the week with solid gains, offsetting the sour tone of base metals amid concerns related to the escalating trade war between the US and China. The pair, however, has […]

Singapore: Heffx Issues a Buy Rating on STI Index (.STI)

Singapore: Heffx Issues a Buy Rating on STI Index (.STI)

Singapore: Heffx Issues a Buy Rating on STI Index (.STI) Singapore has moved up two spots to place fifth in this year’s Global Innovation Index, while remaining top of the list among countries in South-east Asia, East Asia and Oceania. Singapore remained top of the class for government effectiveness, regulatory quality and foreign direct investment […]

Shanghai: SSE Composite Index (.SSEC) China companies increase share buybacks

Shanghai: SSE Composite Index (.SSEC) China companies increase share buybacks

Shanghai: SSE Composite Index (.SSEC) China companies increase share buybacks A growing tidal wave of share buybacks, unrivaled in history, has hit the capital markets this year, while the latest escalation in a global trade storm sent China into bear market territory. A string of 84 listed companies at least, including blue chip companies and […]

Hong Kong: HANG SENG INDEX (.HSI) extending gains from the previous session

Hong Kong: HANG SENG INDEX (.HSI) extending gains from the previous session

Hong Kong: HANG SENG INDEX (.HSI) extending gains from the previous session Asian stocks closed higher on Friday session, extending gains from the previous session, following the overnight rebound on Wall Street as investors shifted focus to the upcoming corporate earnings season amid a lack of escalation in U.S. and China trade tensions. Moreover, Friday’s […]

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher Australian shares were unchanged at the close of Friday’s session. The S&P/ASX 200 index, close the session at 6,268.400. In the banking space, ANZ Banking, Westpac, National Australia Bank and Commonwealth Bank are lower in a range of 04 percent to 0.5 percent. While, the best performers […]

Canadian Dollar: USD/CAD (CAD=X) bulls making a fresh attempt to conquer 1.32 handle

Canadian Dollar: USD/CAD (CAD=X) bulls making a fresh attempt to conquer 1.32 handle

Canadian Dollar: USD/CAD (CAD=X) bulls making a fresh attempt to conquer 1.32 handle Momentum beyond the mentioned barrier is likely to get extended towards 1.3265 horizontal resistance before the pair eventually aims to reclaim the 1.3300 handle. On the flip side, mid-1.3100s now seems to have emerged as an immediate support, which if broken might […]

Singapore Dollar: It’s Time to Own USD/SGD (SGD=X)

Singapore Dollar: It’s Time to Own USD/SGD (SGD=X)

Singapore Dollar: It’s Time to Own USD/SGD (SGD=X)  Yen, Swiss franc, Singapore dollar and the greenback top picks Emerging market FX seen struggling; Kiwi worst G10 performer If a U.S. or global recession is looming, it’s time to own the Swiss franc, Singapore dollar, U.S. dollar and Japanese yen — and ditch emerging market currencies, […]

Silver Markets may see possible correction towards 16.46

Silver Markets may see possible correction towards 16.46

Silver Markets may see possible correction towards 16.46 The strong dollar looks likely to remain a significant headwind for gold this week, with bearish price action in the precious metal looking set to continue despite growing risk aversion. Metals traders will be looking ahead to Federal Reserve Chairman Jerome Powell’s testimony on the economy and […]

Japanese Yen: USD/JPY (JPY=X) correcting lower, but still bullish

Japanese Yen: USD/JPY (JPY=X) correcting lower, but still bullish

Japanese Yen: USD/JPY (JPY=X) correcting lower, but still bullish The USD/JPY pair peaked at 112.79 at the end of the week, its highest since last January, before easing partially to end Friday at 112.32. Friday’s decline was moderated when compared to previous weekly gains, as the pair held firmly above the 112.00 figure. The positive […]

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