Ferrari’s (NYSE:RACE) Display Wow’d at Goodwood Festival $RACE Ferrari’s (NYSE:RACE) display at this year’s Goodwood Festival of Speed (FoS) showcased the Maranello outfit’s brand horsepower. Making their UK debut at this world-famous event were the 488 Pista, Portofino, 812 Superfast and FXX K Evo. And putting the 599XX, FXX and FXX K Evo through their track paces were The Scuderia’s GT […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX This week it is President Trump and President Putin’s Summit in Helsinki Finland, but there is a lot to move markets during this week. President Donald Trump meets Russian President Vladimir Putin in Helsinki Monday, and that is the main event this week. But earnings […]
China’s Trade Grows in June Despite Dust-up with US $ZTCOF ZTE Corp (OTCMKT:ZTCOF), China’s 2nd-largest telecommunications equipment maker to resume business. China’s trade grew by 2X digits in June despite mounting tensions with the US but the government warned it will face “rising instabilities and uncertainties.” Customs data Friday showed exports rose 11.3% over a […]
Trump-May Relationship Solid Despite BREXIT Comments Thursday, Christopher Ruddy said that President Donald Trump and British Prime Minister Theresa May had a “love fest … in terms of their 2 countries” at a state dinner in London despite the President’s interview that May’s BREXIT plan would imperil a free-trade deal with the US “I would […]
President Trump: “NATO Stronger Now Than it Was 2 Days Ago” Thursday, US President Donald Trump that the United States’ commitment to NATO “remains very strong” after a summit in Brussels at which he said allies had made unprecedented commitments to increase spending on their own defense. “NATO is much stronger now than it was […]
The US Will Soon Be the World’s #1 Crude Oil Producer $USO The EIA sees Crude Oil production climbing next year even with transportation bottlenecks in the country’s most prolific tight (shale) oil play. The Energy Information Administration (EIA) sees US Crude Oil output averaging 11.8-M BPD in Y 2019, up from its 11.76-M BPD […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Looking at the major US stock market action as President Trump bears down hard on trade issues, focuses on SCOTUS pick, teeing up NATO demands and the Putin Summit. The market will tell us now if the Key moves Thursday and Friday on moderate volume will hold […]
The Trump Impact: NATO Allies are Hiking Defense Spending Sunday, US NATO Ambassador Kay Bailey Hutchison praised President Donald Trump for “making an impact,” and is the 1st in 3 administrations to get allies to hike their defense spending. In an interview Sunday, Amb. Hutchinson remarked “I’ve worked for 3 presidents, all of whom have […]
US Heat Wave Has Power Use at Very High Levels The heat wave roasting the US East Coast may have slow US stock trading and foiling July 4 road trips. But it’s the best friend of power market Bulls. Electricity demand across the eastern power market run by PJM Interconnection LLC reached 144,557 megawatts in […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Looking at the major US stock market action as President Trump continues coming down hard on trade issues, and NATO next. Over the past few weeks we have a lot of pundit chatter about a market top, and stocks sold into the test during that frame. Notably, new […]
They are Having a Heat Wave in the US Midwest and East, Scorching A scorching heat wave swept the US Sunday, when temperatures and humidity levels marked well above normal. Tens of millions of Americans were under heat warnings, watches and advisories as temperatures reach above 100 degrees Fahrenheit (37 Celsius) in major cities such […]
The Trump Effect: Iran’s Leaders Struggling to Defend Economy From US Sanctions $OIL Iran is looking to ways to keep exporting Crude Oil and other measures to counter US economic sanctions. Since last month, when US President Donald Trump pulled out of the nuclear which lifted most sanctions in Y 2015, Iran’s rial has dropped […]
America’s First Lady Visits US-Mexico Border Again First Lady Melania Trump visited the US-Mexico border Thursday for the 2nd time in 2 weeks in a show of concern for migrant children as President Donald Trump attempts to crack down on unlawful border crossings. Her 1st stop was a Customs and Border Protection processing facility in […]
US Consumer Comfort on Highs $DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 retests its 50-Day Moving Average at 2717 Americans’ sentiment improved to the best mark in 2 months on brighter views of the economy and personal finances, the Consumer Comfort Index reveled Thursday. Highlights of Consumer Comfort for the Week Ended 24 June 2018 […]
US Consumer Expectations are Still Running High $DIA, $SPY, $QQQ, $RUTX, $VXX About 2/3rds of Americans see the US economy as Good to Great. Monday night President Trump’s top trade adviser Peter Navarro said the White House is not planning to restrict foreign investment as part of its trade actions against China or any other country. […]
US Housing Market:April S&P Case-Shiller 20-City Index + 6.6% US home prices rose in April from a year earlier, lifted by bidding wars in many cities where would-be buyers fought over a sparse supply of homes. The S&P CoreLogic Case-Shiller 20-City home price index +6.6% from a year earlier, led by gains in Seattle, Las Vegas and San […]
Trade Negotiations: Investors Agree, the US Will Win $DIA, $SPY, $QQQ, $RUTX, $N300, $VXX Trade disputes are good and easy to win. Chinese stocks weak American stocks stronger. That is the view from financial markets as the tariff dust-up between China and the US shows increasing signs of impacting stock prices. While broad measures of […]
Germany in Favor of Reducing Tariffs on US Car Imports $VLKAY, $BMWYY, $DDAIF German automobile executives have proposed ending the European Union’s 10 percent tax on American-made cars. US Ambassador to Germany Richard Grenell has reportedly met with chief executives from Volkswagen, BMW and Daimler, who pitched him the idea as part of a broader […]
President Trump, “The US Will Not Be ‘Migrant Camp’” Monday, facing some outrage from Democrats and some Republicans over the forced separation of migrant children and parents at the US-Mexico border, President Donald Trump dug in, again blaming Democrats and declaring he would keep the US from becoming “a migrant camp.” President Trump continued to […]
US Leads the Global Economies, EU Struggling $DIA, $SPY, $QQQ, $RUTX, $VXX NAS Comp Hits New Closing High on Strong US Economic Data The US economy is driving ahead of the rest of the world, now. May retail sales that topped forecasts Thursday, as the US racks up growth of at least 4% in the current […]
US Economy Growing at 4.8% Annual Rate The US economy is growing at a 4.8% annualized rate in Q-2, the Atlanta Federal Reserve’s GDPNow forecast model showed Thursday, following data that showed domestic retail sales grew at its strongest pace in 6 months in May. The latest estimate on gross domestic product growth was faster […]
Apple Vs FBI a Battle they Might Lose Apple said Wednesday it was strengthening encryption on its iPhones to thwart police efforts to unlock handsets without legitimate authorization, a battle it may well lose. The move by Apple, the latest in an ongoing clash with law enforcement, comes amid reports of growing use of a […]
US Standing Up for its Interest in NAFTA Trade Talks Sunday, top White House economic adviser Larry Kudlow denied negotiations on the North American Free Trade Agreement (NAFTA) have broken down,saying, however, President Donald Trump “is right” to “stand up for U.S. interests.” Mr. Kudlow said in a TV interview, “good faith negotiations are welcome.” […]
President Trump’s Border Wall is Under Construction Promises made, promises being kept. The 1st 14-mile section of President Donald Trump’s border wall along the US-Mexico border is under construction in San Diego at a cost of $147-M. Construction started Friday at Border Field State Park in San Diego. The wall will stand between 18 and […]
Is it Time to Sell Apple Inc After a decade of sizzling growth, the smartphone market has suddenly cooled. Surveys show smartphone sales last year shrank slightly for the first time since the 2007 debut of the iPhone, and preliminary data this year suggests further deceleration. Analysts say several factors have hit the smartphone market […]
US Crude Oil Output Hits Record 10.47-M BPD in March $USO, $OIL US Crude Oil production rose 215,000 BPD to 10.47-M BPD in March, the highest on record, the Energy Information Administration (EIA) said in a monthly report Thursday. Production in Texas rose by 4% to almost 4.2-M BPD, a record high based on the data […]
Stocks Run as Possible US-China Trade War Put ‘On Hold’ $DIA, $SPY, $QQQ, $RUTX The small-cap Russell 2000 (+0.7%) advanced to a new record high for the 4th session running. US stocks spiked Monday after the US and China put their trade differences “on hold” to work on a wider agreement, while sentiment was also […]
US-China Tariff ‘Threats’ Have Ended, No Trade War Looming The US trade war with China is “on hold” after the world’s 2 largest economies agreed to drop their tariff threats while they work on a wider trade agreement, US Treasury Secretary Steven Mnuchin said Sunday. Secretary Mnuchin and US President Donald Trump’s top economic adviser, […]
China Buying Major Soybean Tonnage from Russia $SOY China, the world’s biggest Soybean importer, almost 3X’s purchases from Russia during this current trade dispute with the US, the world’s biggest producer of the Oil seed. Russia sold about 850,000 tonnes of Soybeans to China in MY 2016-2017, according to Russia’s agriculture agency. That is more […]
The US Embassy move: “A powerful message America will stand by our friends” “I have long advocated that the United States take this action, and I commend President Trump for fulfilling this campaign promise,” Senator Ted Cruz (R-TX) Exactly 70 years ago on May 14th, 1948 Israel’s founding father David Ben-Gurion brought together members of […]
The Trump Effect: NKorea Begins to Dismantle Nuclear Test Sites NKorea has scheduled the dismantlement of its nuclear test site for sometime between 23-25 May depending on weather conditions, in order to uphold its pledge to discontinue nuclear tests, the country’s state media reported Saturday. The official Korean Central New Agency said dismantlement of the […]
Wall Street titan JP Morgan Chase has become the latest firm to apply for a controlling stake in a Chinese securities venture, taking advantage of new rules Beijing put in place last month as part of a move to open up the economy. JP Morgan Broking applied to establish a foreign invested securities firm with […]
Ayatollah Ali Khamenei Tweets Threaten US in the Region Iran’s supreme leader, Ayatollah Ali Khamenei, criticized US policies and Iran’s enemies in messages on his website and Twitter. “They know if they enter military conflict with Iran, they will be hit multiple times,” Ayatollah Khamenei said during a meeting with workers. In a series of […]
Moody’s Rates US Credit “Top Notch” at Aaa $DIA, $SPY, $QQQ, $VXX This week Moody’s said that it has maintained the United States’ top-notch “Aaa” credit rating, saying the country’s “exceptional” economic strength would counterbalance lower fiscal strength. The ratings agency also kept its stable outlook on the United States and said it expects Washington to resolve […]
President Trump, ‘Very Good Chance’ of a US-China Trade Deal Tuesday, US President Donald Trump said the United States would likely reach a trade agreement with China and that officials from both sides would sit down for negotiations in a few days. China has said it will welcome a visit by US Treasury Secretary Steven […]
Americans Support National Guard at the Southern Border A majority of Americans believe President Donald Trump’s plan to send National Guard troops to the US-Mexico border will be effective in combating illegal immigration in the short term, according to a Reuters/Ipsos poll from April 15-19. Below are some Key findings from the poll, as follows: […]
US Exporting WTI Crude Oil to EU, Cramps OPEC’s Pricing Plans $USO, $OIL, $XOM, $BP US Crude Oil producers are benefiting from OPEC’s price squeeze and exporting cheaper WTI Crude Oil to Europe in record amounts. Russia alligned with the Organization of the Petroleum Exporting Countries (OPEC) last year in cutting Crude Oil output jointly […]
Sanctions Notwithstanding, Trade Flourishing with Russia Thursday, the WS-J reported that trading in the West with Russia has skyrocketed despite economic sanctions. The US and the largest nations in the EU, including France and Germany have recorded exports to, and imports from, Russia surging in Y 2017 after 3 years of decline according to the […]
Wealth Management HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Real Estate, Mining, Retail, Transport and Agriculture that span every continent of the world. Our partners have unprecedented experience in Equities, Banking, Private Equity, Trading and Funds Management. Managing and Protecting wealth for our clients […]
National Guard Arrives at US-Mexico Border National Guard members have started arriving at the US-Mexico border with more expected as federal government officials continue to discuss what they will do about illegal immigration. The Republican Governors of Texas, Arizona and New Mexico on Monday committed 1,600 Guard members to the border, giving US President Donald […]
The Costs of a Full Blown Trade War, Should One Happen The US and China have announced tariffs on each other’s goods recently, and have threatened to impose more. Assuming they take effect, the tariffs that China has announced so far on American goods will focus on agricultural products, automobiles, aircraft and chemicals. Although exports […]
Top Trade Officials Working to Update NAFTA Top US, Mexican and Canadian trade officials met Friday to discuss prospects for updating the North American Free Trade Agreement (NAFTA). No time limit has been set for the Washington talks between US Trade Representative Robert Lighthizer, Mexican Economy Minister Ildefonso Guajardo and Canadian Foreign Minister Chrystia Freeland, […]
President Trump Not Targeting Bezos Over WP Ownership $AMZN President Trump believes that Amazon is unfair to America’s retailers US Treasury Secretary Steven Mnuchin said Donald Trump’s attacks on Amazon.com Inc. (NASDAQ:AMZN) have nothing to do with critical coverage of the White House by the Washington Post, owned by Amazon’s CEO, Jeff Bezos. Secretary Mnuchin […]
“China Is the Problem. President Trump Is the Solution” $DIA, $SPY, $QQQ, $VXX White House economic adviser Larry Kudlow rejects the notion that the world is in a trade war, pointing out that China is the reason for escalating tensions. “China is the problem. President Trump is the solution,” Mr. Kudlow said in a TV […]
President Trump, “We Will Use Military to Protect Our Border” US President Donald Trump said he plans to deploy the Military to guard the border with Mexico and has told Mexican leaders he would abandon NAFTA without assurances of help on securing the boundary. “We are going to do some things, I’ve been talking to […]
Amazon’s (NASDAQ:AMZN) Shares Hammered $AMZN Shares of Amazon.com (NASDAQ:AMZN) fell 6% Monday wiping out another $45-B in market capitalization after US President Donald Trump again attacked the online retail giant over the pricing of its deliveries through the United States Postal Service and promised unspecified changes. “Only fools, or worse, are saying that our money […]
“Walls Work”, We are Building ‘The Border Wall’ Backing The Trump Administration’s border wall plans, Acting Deputy Commissioner of US Customs and Border Protection Ronald Vitiello pointedly struck back at criticism aimed at the border wall’s funding, necessity, and effectiveness Friday, saying his “agents and officers have decades of experience” and are “vocal about their […]
President Trump Keeps Promise, Starts Building ‘The Wall’ US President Donald Trump tweeted pictures Wednesday of the start of a wall on the US-Mexico border. The fence in California that US Border Patrol officials say should not be confused with the President’s anti drug/immigration Wall. “Great briefing this afternoon on the start of our Southern […]
US Census 2020 To Include Citizenship Question The 2020 Census will include a question about respondents’ citizenship status. Commerce Secretary Wilbur Ross made the announcement via a letter to Under Secretary for Economic Affairs Karen Dunn Kelley that was posted to the department’s website. Secretary Ross detailed the process of reviewing the pros and cons of asking […]
US-NKorean Summit Now On the Cards US President Donald Trump is ready to meet NKorean leader Kim Jung by May in response to Kim’s invitation to hold the 1st-ever US-NKorea summit, a SKorean envoy said, marking a potentially dramatic breakthrough in the North Korea nuclear standoff.Kim has committed to “denuclearization” and to suspending nuclear or […]
Secretary of Commerce, “No exemptions on tariff measures.” President Donald Trump spoke to world leaders about his planned tariff hikes on steel and aluminum and is not considering any exemptions to the measure, Commerce Secretary Wilbur Ross said Sunday. “I know he has had conversations with a number of the world leaders,” Secretary Ross said […]
The Trump Effect: US Jobs Growth Strong $DIA, $SPY, $QQQ, $VXX The number of Americans filing for unemployment benefits fell to a near 45-year low last week, pointing to strong job growth in February and solid momentum in the economy. The economy’s brightening prospects were also underscored by other data Thursday showing a gauge of […]
US Homebuilders ‘Excited About Trump’s Pro-Business Political Climate’ The outlook from US builders is being buoyed by a very strong job market and the overall health of the economy. The National Association of Home Builders/Wells Fargo builder sentiment index released Thursday remained at 72 this month. That’s still just 2 points shy of December’s reading, which was […]
Economists Agree, the US is ‘Open for Business’ $DIA, $SPY, $QQQ, $SAP President Donald Trump highlighted his tax cuts and deregulation efforts with a presentation to an elite economic forum in Switzerland last Friday. The United States, he said, is now a far more inviting place for foreign companies to spend, invest and build. “We […]
Legalization of Marijuana, ‘The Great American Social Experiment’ The great social experiment that is marijuana legalization is now 5 years old, with 6 states already allowing legal marijuana sales, two more where legal sales will begin within months, and yet another that, along with the District of Columbia, has legalized personal possession and cultivation of […]
Bitcoin US Vs Bitcoin Asia $BTCUSD Bitcoin and the other major cryptocurrencies rebounded after a steep mid-week selloff on concerns about regulatory crackdowns in SKorea. After briefly dipping to near $9,000 during the week, Bitcoin traded near $12,000 on Friday as investors turned their attention away from Asian government crackdowns and focused on some new cryptocurrency-related options […]
Ferrari’s (NYSE:RACE) ‘FUV’ will Look, Drive, Run, Cost Like a Ferrari $RACE Ferrari (NYSE:RACE) CEO Sergio Marchionne’s comments are confirmations about a Ferrari FUV (SUV). The Super SUV segment of the automotive market is up and running with the arrival of the Lamborghini Urus. There is a market that Ferrari know it can thrive in as it moves […]
US Jobless Claims Dive Lowest Weekly in 45 Years The number of Americans filing for unemployment benefits fell more than expected last week to the lowest level in 45 years. Initial claims for state unemployment benefits dropped 41,000 to a seasonally adjusted 220,000 for the week ended 13 January, the lowest mark since February 1973, the […]
Bitcoin Fell to $9,500 On Regulatory Concerns $BTCUSD, $CBOE Wednesday, Bitcoin fell to $9,500, that is 1/2 its value from its peak price, on investors fears regulators could clamp down on the cryptocurrency. Currently, Bitcoin is trading at: 11,159.9951, -95.00, or -0.84%, as of 9:45p GMT, the market is open. The price of Bitcoin, the world’s biggest […]
Bitcoin ‘Wobbles’, Ripple and Ethereum ‘Fluctuate’ $BTCUSD Bitcoin ‘wobbles’, trading near $11,000 Wednesday after losing 25% of its value as traders look for a pricing floor on stressful concern regulators will move ahead with new rules to restrict the nascent cryptocurrency industry. Currently, Bitcoin is trading at: 11,311.9951, -1,552.01, or -12.06%, as of 6:23a GMT, the market […]
Box Office: Global Expanded, Domestic Contracted in 2017 $DIS, $CMCSA, $TWX Revenue in North America for Y 2017 dipped 2.3%, but growth at the international box office resulted in a 3% uptick worldwide box. The performance of the Y 2017 worldwide box office was a roller-coaster ride. Attendance fell in North America to a likely […]
Celebrating Vanderbilt Renaults at the 2017 Pebble Beach Concours d’Elegance Fewer than 20 Renault AI 35/45 HP Runabouts were produced, and four of the five remaining 1907 racers — often called simply “Vanderbilt Renaults” — graced the 18th fairway at the 2017 Pebble Beach Concours d’Elegance. A bit of History Founded in 1899, Renault soon emerged as a […]
Global Stability Depends on ‘Constructive’ US-Russian Relations In a New Year letter to US President Donald Trump, Russia’s President Vladimir Putin says a “constructive” dialogue between the 2 nations is essential for global stability. The Kremlin said Saturday that President Putin emphasized in his Seasons Greetings to Trump that Russia and the US could develop […]
Luxury Stocks Rally, Heightened Spending Goes Global $RACE, $PPRUY, $MAR, $HLT, $AXP The rise of Chinese middle class is helping drive luxury ownership trend. Investors have driven up the price of luxury-brand stocks around the world, expecting opulent consumption to increase amid the global economic recovery, high stock prices and the growing ranks of the […]
President Trump Sends “Christmas Greetings” to US Troops Abroad It is Christmas again in America! President Donald Trump is sending Christmas greetings to US troops stationed around the Wrld. From the Florida White House where President Trump is spending the Holidays, he spoke by video hook-up on Christmas Eve to members of the Army, Navy, […]
China says, “We are rising, accept it.” Tuesday, the Chinese government criticized US President Donald Trump’s decision to label Beijing a strategic rival and called on Washington to “abandon a Cold War mentality” and accept China’s rise. President Trump’s decision reflects a “victory of hardliners” in his administration, the official news agency said. It warned […]
General Admission Club d’Elegance Patrons Patio Chairman’s Package [email protected]
EU Property Giant Bets $16-B on US Shopping Malls $UNRDY, $WFGPY, $AMZN Europe’s biggest property firm Unibail-Rodamco (OTCMKT:UNRDY) is to buy US and UK mall operator Westfield Corp. (OTCMKT:WFGPY) for $16-B, a defensive move to create a global leader in a sector grappling with the online shopping challenge led by Amazon (NASDAQ:AMZN). The transaction gives […]
US Attorney General Sessions Signals Change in Marijuana Policy USAG Sessions signals changes in federal marijuana enforcement policy Senator Elizabeth Warren challenges Trump’s HHS nominee on medical marijuana and opioids, Attorney General Sessions is making news on both the Marijuana and the Opioid fronts. Marijuana Policy Sessions Hints at Changes in Federal Marijuana Enforcement. At […]
US Businesses Thriving Despite the Noisy Political News $SPY Washington’s politicians like to take credit for creating jobs. Washington’s macroeconomic policymakers like to claim that their policies have moderated the business cycle. Notably the US economy performs despite Washington actions. In the US economy, competitive and entrepreneurial, profitable businesses create jobs. Profitable businesses have the […]
Chinese, US Companies Sign $250-B+ in Business Deals $BA, $F, $LNG, $SOYB Chinese and US companies signed deals worth more than $250-B during President Donald Trump’s state visit to China. Thursday, Chinese President Xi Jinping revealed the figure after he and President Trump witnessed the signing of the agreements. China and the United States have […]
US Soybean Export Council Optimistic about China-US Relationship $SOYB, $USD, $CNY The US Soybean industry is very optimistic about the future relationship with the Chinese soybean processing and utilization industries. “We expect China’s economy to grow, consumers’ income to increase and urbanization to expand,” Paul Burke, North Asia regional director of US Soybean Export Council […]
$5-B China Investment Fund Coming to Buy US Manufacturers $GS Goldman Sachs (NYSE:GS) partners with sovereign fund China Investment Corp. (CIC) to jointly launch an up to $5-B fund to invest in US manufacturers. CIC is 1 of the world’s largest sovereign wealth funds The details of the fund will be announced Thursday as part […]
Atlanta Fed Sees US GDP at 3.3% in Q-4 The U.S. economy is on track to grow at a 3.3% annualized pace in Q-4 based on the latest data on US NFPs and business inventories, the Atlanta Federal Reserve’s GDPNow forecast model showed Friday. The latest estimate for Q-4 GDP (gross domestic product) growth was […]
Antifa Rallies Planned in 20 US Cities The left-wing, Antifa Refuse Fascism group is planning rallies in at least 20 cities across the United States on Saturday to demand that the duly-elected President Donald Trump and Vice President Mike Pence be “driven from power.” In a full-page ad in the New York Times Wednesday, the group advertised its event: […]
Geopolitics Changed, American Energy Sector in a ‘Revolution’ $USO, $OIL, $UGAZ, $UGA US Energy Secretary Rick Perry said that “American energy is in a Revolution.” “That is the real story out there,” Secretary Perry, the former 14-yr Texas Republican Governor, said in an interview Friday. He noted that innovations in hydraulic fracturing and directional drilling […]
Amazon.com, Inc. (NASDAQ:AMZN) HEFFX Highlights Amazon is getting almost no revenue from its bookstores Amazon broke out “physical stores” sales for the first time in the third quarter. Amazon has been expanding its physical presence, with Whole Foods, bookstores, and pop-up stores. Almost all of the revenue in the category comes from Whole Foods. Amazon.com, […]
International Business Machines Corp. (NYSE:IBM) HEFFX Highlights IBM has named David La Rose as its new Australia and New Zealand (A/NZ) managing director, replacing Kerry Purcell, who has taken up a senior leadership role within IBM Japan. La Rose has clocked up 28 years at IBM in a variety of senior executive roles across Europe […]
Asia Billionaires Overtake US for 1st Time, Led by Chinese Asia leads the world with billionaires, China leads the Asians Peer networks are playing an increasingly important role for billionaires when it comes to making, spending and giving away money Billionaire wealth increased 17% to $6-T in Y 2016, after a decline the prioryear, UBS […]
Verizon Communications Inc. (NYSE:VZ) HEFFX Highlights Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its segments include Wireless and Wireline. The Wireless segment offers communications products and services, including wireless voice and data services and equipment sales, […]
F1: US Grand Prix, a Double Podium for Ferrari $RACE Hamilton 1st, Vettel 2nd, Kimi to 3rd Ferrari team drivers, Sebastian Vettel and Kimi Raikkonen, finished 2nd and 3d at the Circuit of the Americas aka COTA, at the end of an super action packed race where we saw lots of dramatic moments. The last […]
F1: The US Grand Prix a Silver Lining for Ferrari (NYSE:RACE) $RACE The Circuit of The Americas aka COTA, in Austin, TX has hosted the US Grand Prix since Y 2012, and fast becoming big part of F1’s championship results. The United States has long been a target growth market for F1. Significant progress has […]
Apple Inc. (NASDAQ:AAPL) HEFFX Highlights Apple’s retail stores are not consumer destinations for all of the company’s products, a new study suggests. The vast majority of people who buy iPhones in the U.S.—nearly 80%—do so at carrier stores rather than the company’s own retail outlets. In fact, just 11% of iPhones bought in the U.S. […]
The 1st China-US Investment Database Debuts Wednesday, a comprehensive China-US investment and cooperation database was launched in NYC, aiming at enhancing cooperation between the Chinese and US business communities and promoting Chinese investment in the United States. The database, the 1st investment information database serving Chinese companies and their partners in the United States, was established […]
F1: US Grand Prix, Ferrari (NYSE:RACE) to Set the Pace $RACE MercedesAMG’s Lewis Hamilton could wrap up the F1 title this weekend, so here is look at the numbers behind the United States Grand Prix. The F1 title could be won in Austin this weekend and a look back at previous races promises an enthralling […]
Micron Technology, Inc. (NASDAQ:MU) Trading Outlook 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 35.64. The projected upper bound is: 42.96. The projected lower bound is: […]
General Electric Company (NYSE:GE) HEFFX Highlights Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 24.89. The projected upper bound is: 24.05. The projected lower bound is: […]
Microsoft Corporation (NASDAQ:MSFT) HEFFX Highlights Microsoft first unveiled its plans for ARM-powered Windows laptops last year. The new devices will be powered by Qualcomm’s Snapdragon 835 processor, and will support traditional desktop apps thanks to an emulator in Windows 10. While Qualcomm previously promised laptops before the end of the year, we haven’t heard much […]
F1: United States Grand Prix 2017 Preview $RACE F1’s annual event at the Circuit of The Americas is this weekend A win for MercedesAMG’s Lewis Hamilton Sunday at the United States Grand Prix and a poor result for his rival, Ferrari’s Sebastian Vettel may clinch the title with 3 races left to run. To entice […]
Apple Inc. (NASDAQ:AAPL) HEFFX Highlights Apple explored buying a medical-clinic start-up as part of a bigger push into health care Apple’s health team was until recently deep in talks to buy Crossover Health, the venture-backed start-up that runs its on-site medical clinic. It’s not clear if Apple wanted to own and operate a network of […]
Alibaba Group Holding Ltd (NYSE:BABA) HEFFX Highlights Alibaba says it will invest more than $15 billion over three years in global research program Alibaba announced it will invest more than $15 billion over the next three years in a global research and development program As part of the program, Alibaba will set up research labs […]
Apple Inc. (NASDAQ:AAPL) HEFFX Highlights Earlier this year, Apple told Hollywood it was getting serious about TV by hiring two producers from Sony. Then Apple told Hollywood it was serious about TV again, by making it clear that it was willing to spend a $1 billion or more on its own shows. Now it’s saying […]
Expect the Ultimate SUV, aka FUV, from Ferrari (NYSE:RACE) $RACE Ferrari’s CEO Sergio Marchionne 1st mentioned in August that Ferrari NV (NYSE:RACE), the Fiat-Chrysler spinoff Mr. Marchionne also leads, would likely build a Ferrari badged sport utility vehicle (FUV). Monday, CEO Marchionne said that Ferrari will spend about 2.5 years deciding how and how many […]
Intel Corporation (NASDAQ:INTC) HEFFX Highlights Intel Corp. has closed its Recon brand of augmented-reality goggles for sporting and industrial applications, according to people familiar with the decision. The chipmaker shut the 100-employee unit that made the goggles earlier this summer, the people said. Intel acquired Recon in 2015 for an undisclosed sum, and had already […]
Tesla’s (NASDAQ:TSLA) CEO Pivots from EVs to Batteries for Puerto Rico $TSLA Tesla (NASDAQ:TSLA) CEO Elon Musk set off Friday’s musings about sending his company’s solar-powered batteries to help restore Puerto Rico’s power attracted the attention of the island’s governor. “Let’s talk,” said Gov. Ricardo Rossello in a Friday Tweet. Mr. Musk agreed. Hours later, […]
Russia’s Spymaster Denies Interfering in US Sovereign Affairs The head of Russia’s top domestic security agency is rejecting allegations of interference in the US election. Alexander Bortnikov, the director of the Federal Security Service (FSB), the main KGB successor agency, said Thursday that he discussed claims of Russian meddling in the US Presidential vote with […]
Apple Inc. (NASDAQ:AAPL) HEFFX Highlights Apple is looking into multiple reports of batteries swelling within new iPhone 8 Plus smartphones, which apparently broke them open as a result. At least five separate reports of the new 5.5in iPhone 8 Plus smartphones have shown deformed phones, swelled batteries and screens being detached from the aluminium bodies […]
Apple Inc. (NASDAQ:AAPL) HEFFX Highlights Apple Watch, AirPod makers are anticipating a strong holiday season: Report The Apple Watch Series 3 is the first model with LTE connectivity, allowing the watch to be untethered from a phone for the first time. Apple’s smartphone lineup is shifting toward the newer models without audio jacks, making the […]
US Manufacturing Beat Estimates in September, Hit 13.5 Yr Highs September ISM Index (actual: 60.8 consensus: 57.8; prior: 58.8) August Construction Spending (actual: 0.5%; consensus: 0.2%; prior: -1.2%) A measure of US manufacturing activity surged to a near 13.5-year highs in September as disruptions to the supply chains caused by Hurricanes Harvey and Irma resulted in […]
What’s Up With Fannie Mae & Freddie Mac $FMCC Fannie Mae and Freddie Mac may stop paying billions of dollars in dividends to the US government, but if not now when? Friday, the US mortgage-finance (OTCMKT:FMCC) giants paid a combined $5.1-B to the US Treasury thus extending for another Quarter the government’s sweep of their profits. […]