EVgo IPO is Go

EVgo IPO is Go

California-based EVgo is set to join the parade of companies jumping on public equity markets following a transaction announced Friday to raise $575 million to accelerate the build-out of electric charging stations in the US. The transaction with Climate Real Impact Solutions will provide capital to EVgo to build thousands of new fueling stations as […]

The Decentralized Finance (DeFi) Initiative

The Decentralized Finance (DeFi) Initiative

The Lucky Club is a Decentralized Finance (DeFi) initiative at the forefront of innovation in Fintech using blockchain and other proprietary protocols to allow people to not only use services like brokerage, banking and investing but to also participate directly in earning money in a way previously only available to Financial Institutions. As we build […]

Blackrock Bets on Bitcoin

Blackrock Bets on Bitcoin

BlackRock, a global money management powerhouse, is opening the door to investing in bitcoin futures in a potential boost for all cryptocurrencies. BlackRock is the world’s largest asset manager, with $7.81 trillion in assets under management as of end-Q4 2020. Securities filings from the investment giant show at least two BlackRock funds may buy bitcoin, […]

Sitting on a Cash Pile 10.0? WING’s ‘Cooks to Order’ for Sports Fans at Home

Sitting on a Cash Pile 10.0? WING’s ‘Cooks to Order’ for Sports Fans at Home

#cash #buy #bullish $WING Wingstop (NASDAQ::WING) has strong Northside potential, and with the NFL playoffs happening, you can bet fans are ordering at home and will continue to do so because WING’s cooks to order for them. We see the company as a long term growth story. The stock is currently trading at 154.08 within […]

Mr. Biden’s Aid/Relief/Stimulus’ and the Global Financial Markets

Mr. Biden’s Aid/Relief/Stimulus’ and the Global Financial Markets

#aid/relief/stimulus #Biden #financial #markets $CU $CAT $DE $OIL Investors have been ‘jolted‘ into overhauling their portfolios in anticipation of the promised Biden aid/relief/stimulus $1.9-T plan. Prices of commodities used in infrastructure projects, like copper, and shares in machinery manufacturers such as John Deere (NYSE:DE) and Caterpillar (NYSE:CAT) have advanced. Global crude oil (OIL) prices tapped $55bbl […]

Gold is the Proven Inflation Hedge

Gold is the Proven Inflation Hedge

#gold #inflation #hedge $XAU $GLD $USD Gold reversed and is trading higher this week as the USD weakened on Ms. Yellen “Spend big Now, Pay Later” statement to the Senate Banking Committee and the prospect for more aid/relief/stimulus favoring gold’s appeal as a hedge Vs looming inflation. This sustained move over 1829.90 indicate the presence […]

Inflation Looms: Gold, Copper Spike, USD Falls, Big-caps Boom

Inflation Looms: Gold, Copper Spike, USD Falls, Big-caps Boom

#inflation #gold #silver #USD $DIA $SPY $QQQ $RUTX $XAU $GLD $XAG $CU $USD $DXY Thursday, Gold and Copper spiked as USD weakened on signs that interests rates will remain at all time lows, boosting inflation expectation ahead. The Dollar Spot index extended declines for a 3rd day running Wednesday, supporting prices of commodities priced in […]

Change the Way You Save Using Blockchain and DeFi

Change the Way You Save Using Blockchain and DeFi

If there’s one negative aspect to life at record low interest rates, it’s earning almost nothing on the cash you have saved at a bank. Certificates of deposit, or CDs, which require you to lock up savings for a predetermined amount of time offer slightly better interest rates, but not much better than the paltry […]

Tesla Is Hiring Someone To Defend Elon Musk And Fend Off Attacks By Twitter Trolls

Tesla Is Hiring Someone To Defend Elon Musk And Fend Off Attacks By Twitter Trolls

A job advert posted by Tesla, Musk’s booming electric car maker, said the company is hiring for a customer support specialist whose responsibilities include handling online complaints directed at the chief executive. “Tesla Energy Support Specialists handle a variety of customer issues while delivering on world class customer service,” the original job listing read. “The […]

Nasdaq Trading and Technical Analysis

Nasdaq Trading and Technical Analysis

#Nasdaq Composite ended the day up 1.53%. Tech stocks helped to propel the Nasdaq higher as Facebook gained 3.87%, Alphabet increased 3.29%, Microsoft rose 1.78%, Apple grew 0.54% and Amazon closed up 0.53%. Markets also responded to comments by Janet Yellen, President-elect Joe Biden’s nominee for treasury secretary, during her Senate confirmation hearing. Yellen called […]

China is Booming

China is Booming

China’s per capita disposable income reached 32,189 yuan (about 4,961 U.S. dollars) in 2020, more than double the level in 2010, official data showed Tuesday. The figure represents a 2.1-percent year-on-year increase in real terms after deducting price factors, said Fang Xiaodan, an official with the National Bureau of Statistics. During the last 10 years, […]

DraftKings Could Double In Price

DraftKings Could Double In Price

#DraftKings today announced the upcoming launch of its mobile Sportsbook and Casino app for January 22nd. Fans in the Great Lakes State can soon place bets on their favourite leagues and teams through America’s top-rated sportsbook app as well as play a variety of iGaming options such as blackjack, roulette and slots. The launch of […]

Litecoin Price Predication With Metastock Charts

Litecoin Price Predication With Metastock Charts

#Litecoin is the largest of the “bitcoin clones,” making it far more understandable for most investors. Its founder, a former Google engineer, designed Litecoin by using bitcoin’s original codebase and modifying it to create blocks four times faster. That has made the younger fork cheaper and faster than bitcoin to verify. Litecoin’s size also makes […]

Metastock Charts and Technicals For Ethereum

Metastock Charts and Technicals For Ethereum

#Ethereum is a blockchain for decentralized applications (dapps) such as prediction markets or trading venues.  Dapps operate similarly to regular applications, but inherit features of blockchain-based technologies such as censorship resistance.   The Ethereum blockchain was co-founded and originally described by Russian-Canadian developer Vitalik Buterin, who remains the project’s most well-known personality. Decentralized finance (DeFi) is […]

Bitcoin Basics and Technicals

Bitcoin Basics and Technicals

What is Bitcoin? #Bitcoin is a convertible virtual currency. Virtual currency is a digital representation of value that functions as a medium of exchange, a unit of account, and/or a store of value. Is Bitcoin a commodity? Yes, virtual currencies, such as Bitcoin, have been determined to be commodities under the Commodity Exchange Act (CEA). […]

So What is Bitcoin Worth?

So What is Bitcoin Worth?

After the latest wild ride took the poster child of cryptocurrencies above $40,000 before a stomach-churning plunge, the million dollar question won’t go away: how much is bitcoin actually worth? The virtual currency barrelled to new highs to rise more than 400 percent over the past year, before promptly sliding some 20 percent and then […]

China Dominates IoT Market

China Dominates IoT Market

China will surpass the United States to become the world’s largest Internet of Things (IoT) market in 2024, according to an industrial report. The global IoT market is expected to reach a value of USD 1256.1 billion by 2025 from USD 690 billion in 2019 at a CAGR of 10.53%, during the period 2020-2025. … […]

Big Banks Bet on Better 2021

Big Banks Bet on Better 2021

Large US banks reported Friday a mixed fourth quarter to conclude a turbulent year, but expressed optimism about 2021 thanks to the coronavirus vaccine and additional fiscal stimulus. JPMorgan Chase, Citigroup and Wells Fargo all modestly lowered their reserves set aside earlier in the pandemic when coronavirus shutdowns prompted the banks to establish huge provisions […]

BlackBerry Huawei Patent Deal

BlackBerry Huawei Patent Deal

#BlackBerry continues retreat from mobile devices. BlackBerry has sold 90 patents related to smartphone technology to Huawei as part of the Canadian firm’s ongoing retreat from the mobile phone business. The company then known as RIM failed to adapt to changing market trends. Apple and Android manufacturers were able to offer more desirable handsets and […]

Data Protection Regulators in any European Country can Bring Privacy Complaints Against Facebook

Data Protection Regulators in any European Country can Bring Privacy Complaints Against Facebook

#Facebook claims that, given that its main centre of operations in Europe is in Dublin, only the Irish Data Protection Commissioner (DPC) had the right to bring proceedings against Facebook over its cross-border data processing. The Belgian regulator sought an order to prevent Facebook using cookies, plug-ins and pixels to track Belgian citizens across the […]

Roche Holding Target Price $50

Roche Holding Target Price $50

Roche Holding said that the European Commission has approved its influenza treatment Xofluza. The company said Xoflusa was also approved as a post-exposure prophylaxis, meaning as a preventative treatment for individuals who have come in contact with someone infected with an influenza virus. The Commission’s approval–which comes in the wake of a November positive opinion […]

The Fed Let the World Know it is Not Exiting its Easy Money Policy

The Fed Let the World Know it is Not Exiting its Easy Money Policy

#Fed #money $DIA $SPY $QQQ $RUTX $VXX Thursday, Fed Chairman Powell said “now is not the time” to be discussing an exit from ultra-easy monetary policy and promised to give plenty of notice before it begins to debate scaling back its huge bond-buying campaign. “We know we need to be very careful in communicating about […]

Join Us on Telegram

Join Us on Telegram

For those who prefer reading on mobile, we have Telegram channels that will allow you to receive updates, announcements, and links to our stories straight to your mobile device. Join Us on Telegram Telegram is like a whole world. Where each group can have countably endless members, from all parts of the world. Our Telegram […]

Sitting on a Cash Pile 10.0? West Texas Oil & Gas Back in Favor

Sitting on a Cash Pile 10.0? West Texas Oil & Gas Back in Favor

#buy #cash #bullish $FANG Diamondback Energy Inc. (NASDAQ:FANG) broke out on 18 November at 37.74 and confirmed on 13 January at 61.54 garnering an HeffX-LTN Buy rating with a price target at 135 long term Y 2021 on a pro-growth economy. Shares traded at at 62.75 intraday Wednesday, within its 52-wk range of 14.55 to 92.74. FANG […]

The Biden ‘Tax Plan’ Aimed to Undo President Trump’s Strong Economic Recovery

The Biden ‘Tax Plan’ Aimed to Undo President Trump’s Strong Economic Recovery

#tax #Biden #PresidentTrump #markets #Americans $DIA $QQQ $SPY $RUTX $VXX Experts are telling us that Joe Biden’s plan to raise the corporate tax rate will undo most of President Trump’s economy boosting efforts as it will send some American companies offshore, keep others overseas, hobble domestic companies and drive up the unemployment rate, thus damaging […]

Tesoro Stock Analysis

Tesoro Stock Analysis

#Tesoro Enterprises is a holding company. The Company focuses on the delivery of construction materials for the commercial and residential market places. The Company’s retail flooring materials subsidiary, Fashion Floor Covering and Tile, Inc. (FFC&T) markets and installs carpet, hardwood, vinyl and stone for internal and external applications. FFC&T is a full line (wood, carpet […]

General Motors Stage Bullish Rebound

General Motors Stage Bullish Rebound

#GeneralMotors recently announced that the company will roll out a new marketing campaign to underscore its commitment and renewed efforts to accelerate the mass adoption of electric vehicles (EVs).  Amid the heightening climate-change concerns, investors are constantly looking out for companies proving green transportation solutions. Auto giants like Tesla, Ford and Volkswagen have been head strong in their transition to […]

China Economic Data

China Economic Data

PMI 1. Manufacturing Purchasing Managers Index In December 2020, China’s Manufacturing Purchasing Managers Index (PMI) was 51.9 percent, down by 0.2 percentage point from last month, which was above the threshold for ten consecutive months, indicating that the manufacturing industry continued to recovery steadily. In terms of enterprise scale, the PMI of large enterprises was […]

Tesla Stock To Hit $7000?

Tesla Stock To Hit $7000?

Tesla shares up 743% in 2020 included its December addition into the S&P 500 index and investors attaching a premium to electric vehicle manufacturers on the prospects of a Joe Biden presidency and his green energy agenda. With Tesla hitting ARK’s Cathie Wood’s target two years ahead of schedule, the firm now has a $7,000 price target for […]

Shares In Marathon Patent Group Surge

Shares In Marathon Patent Group Surge

#Marathon Patent Group, Inc., one of the largest enterprise Bitcoin self-mining companies in North America, announced on January 4, 2021 that it has finalized its $200 million shelf offering by “utilizing its at-the-market (ATM) facility. Crypto mining firms such as Marathon and Riot Blockchain are now playing an important role in maintaining Bitcoin’s self-sustaining blockchain […]

Sitting on a Cash Pile 10.0? Looking Ahead for Civil Infrastructure Services

Sitting on a Cash Pile 10.0? Looking Ahead for Civil Infrastructure Services

#cash #bullish #buy #risk $IEA Infrastructure and Energy Alternatives Inc. (NASDAQ:IEA) broke out on 25 September at 5.13 and confirmed on 11 January at 21.50, thus garnering an HeffX-LTN buy rating with a 30 price target mid-term. The Key support is 13.80 and there is no overhead resistance. Caveat: Our Buy rating assumes growth on […]

XRP Becoming Digital Gold

XRP Becoming Digital Gold

Ripple’s CTO highlights the features of “Decentralization, Scalability, Speed”. It enables the cost reduction offered by XRP Ledger. He then states that the platform’s issued currency functionality is being designed to allow financial institutions to create, issue and manage any asset. This includes stable currencies. The process of issuing asset classes only requires the financial […]

Should You Buy or Sell Alibaba? Is Jack Ma in Jail?

Should You Buy or Sell Alibaba? Is Jack Ma in Jail?

Buy or Sell #Alibaba? Chinese regulators announced an investigation against Jack Ma’s company over alleged monopolistic practices. and the man himself has vanished, there is a great deal of speculation now as to where Jack Ma is with a good many people thinking he is in Jail or under detention. Ant Group, was also summoned […]

Massive Gains Are Coming For Ethereum

Massive Gains Are Coming For Ethereum

#Ethereum next all time high is coming soon. Will we see ETH at $10,000 in 2021? Ethereum closed down -181.560 at 1,119.550. Volume was 45% below average (neutral) and Bollinger Bands were 440% wider than normal. Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish […]

Tuesday “The January Effect” Kicked In

Tuesday “The January Effect” Kicked In

#JanuaryEffect #stocks $DIA $SPY $QQQ $RUTX $VXX People are asking the Big Q: What Is The January Effect? The Big A: The January Effect is a seasonal increase in stock prices during the month of January. It is attributed to an increase in buying, which follows the drop in price that usually happens in late December […]

Bitcoin Explodes

Bitcoin Explodes

#Bitcoin has exploded in 2021 today breaking $41000 and still going strong. Bitcoin closed up 1,416.629 at 41,188.879. Volume was 62% above average (neutral) and Bollinger Bands were 289% wider than normal. Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected […]

Some 2021 Regional Economic Outlooks

Some 2021 Regional Economic Outlooks

The year of 2021 will be critical for the whole world that is struggling to end the COVID-19 pandemic and committed to addressing its long-term impacts. The pandemic has taken a heavy toll on the world economy, disrupted globalization, amplified unilateralism and accelerated a crisis in international cooperation. To tackle those challenges will not be […]

Leveraged Cloud Computing ETFs $CLDL $CLDS

Leveraged Cloud Computing ETFs $CLDL $CLDS

Direxion launched the Daily Cloud Computing Bull and Bear 2X Shares ETFs (Tickers: CLDL/CLDS). The Funds seek to achieve 200%, or 200% of the inverse, of the daily performance of the Indxx USA Cloud Computing Index. The Indxx USA Cloud Computing Index provides exposure to domestic companies that deliver cloud computing infrastructure, platforms, or services. […]

Bitcoin Sets Another Record

Bitcoin Sets Another Record

The price of the cryptocurrency bitcoin soared past $40,000 for the first time on Thursday, rising $10,000 in just five days. The price of bitcoin was $40,380 at roughly 1820 GMT, having jumped 10.4 percent during the trading session. View this post on Instagram A post shared by ⠀ ⠀ ⠀ ⠀ ⠀ ⠀⠀ 𝘽𝙞𝙩𝙘𝙤𝙞𝙣 […]

Ethereum: USD/ETH (ETH=) Hits $1200 and is Still Moving

Ethereum: USD/ETH (ETH=) Hits $1200 and is Still Moving

$ETH #Ethereum #Crypto #Cryptocurrencies #FX #Trading #Markets EthereumTicker: ETH=Price: $1194.24 Ethereum Outlook Ethereum continued to push higher today as it broke past yesterday’s closing price at $1100 to reach as high as $1170. It has since dropped slightly as it battles with the resistance near $1140 – provided by a long term bearish .786 Fib […]

Bitcoin: BTC/USD (BTC=X) Shows No Signs Of Stopping

Bitcoin: BTC/USD (BTC=X) Shows No Signs Of Stopping

$BTC #Bitcoin #Crypto #Cryptocurrencies #FX #Trading #Markets BitcoinTicker: BTC=Price: $36,765.37 Bitcoin Outlook Bitcoin smashed through $37,700 to hit a new record high on Thursday helping to lift the total value of the entire cryptocurrency market above $1 trillion for the first time. The digital coin hit an all time high of $37,739.08 at around 1:44 p.m. Singapore time, just […]

Tesla (NASDAQ:TSLA) Elon’s Funding SECURED for New Tesla Factories

Tesla (NASDAQ:TSLA) Elon’s Funding SECURED for New Tesla Factories

$TSLA #Tesla #Auto #Manufacturers #USA #Nasdaq #Stocks #Trading TeslaTicker: NASDAQ:TSLAPrice: $755.98 Tesla News Morgan Stanley analyst Adam Jonas lifted his price target on Tesla to $870 a share, dubbing the electric vehicle maker the industry’s “chosen one” thanks to its “people, its technology, business model and access to capital.” Business Summary Tesla, Inc., formerly Tesla Motors, Inc., designs, develops, […]

Alibaba and Tencent Suffer from US Attack

Alibaba and Tencent Suffer from US Attack

#Alibaba #Tencent #PresidentTrump $BABA $TCEHY Shares in China’s two biggest companies Alibaba and Tencent tumbled in Hong Kong Thursday in response to the media reports that the Trump administration plans to press ahead with a ban on Americans investing in them. e-Commerce titan Alibaba sank more than four percent and internet powerhouse Tencent shed 3.3% […]

Apple Set to Rally

Apple Set to Rally

Apple on Wednesday said a dizzying $1.8 billion was spent on digital goods and services at its App Store between Christmas Eve and the end of December. Word of the stellar holiday week at the exclusive gateway onto Apple devices comes as the iPhone maker defends itself against concerns that its control over the App […]

Ford Sales Falter

Ford Sales Falter

Ford sales have slowed, the company reported a drop in fourth-quarter US auto sales Wednesday, citing the extended effects from a Covid-19 production shutdown that hit the supply of their most popular vehicle in the American market. Inventories of the F-150 pickup truck have suffered due to “lingering effects of the Q2 coronavirus production stoppage,” […]

Tesla on Way to a Trillion Dollar Valuation

Tesla on Way to a Trillion Dollar Valuation

Electric carmaker Tesla closed trading on Wednesday with a market value topping $700 billion for the first time. The latest surge means the company is worth more than General Motors, Ford, Toyota, Honda, Fiat Chrysler and Volkswagen combined. Tesla’s share price ended with a gain of 2.8 percent to $755.98 for a total value of […]

Bitcoin is a Long Term Buy

Bitcoin is a Long Term Buy

Bitcoin is a Long Term Buy Short Term:             Overbought Intermediate Term: Bullish Long Term:               Bullish The next big news for crypto currency will be sovereign wealth funds and governments. Will they be ready to make a public investment into crypto next year?  It’s actually technically already happened, albeit not directly. The Norwegian Government Pension […]

Where is China Heading

Where is China Heading

China’s central bank outlined key policies and tasks for 2021 during an annual work conference held in Beijing. The People’s Bank of China (PBOC) said Wednesday in an online statement released after the meeting that it would adhere to the general principle of pursuing progress while ensuring stability, and offer effective financial support in accelerating […]

China Thrives on Tax Cuts

China Thrives on Tax Cuts

China Thrives on Tax Cuts The epidemic-induced lockdowns loomed over China’s economy in the first half of 2020, but with quick emergency response and government-aided stimulus package, the country’s economy roared back. Massive tax cuts and increased government spending have helped the economy recover faster. The market is also closely watching over the country’s fiscal […]

China Continues Green Push

China Continues Green Push

China’s delayed carbon trading system will start operating in February, the environment ministry has said, as the world’s biggest polluter takes steps towards decarbonising its economy by 2060. The ministry issued rules on Tuesday allowing provincial governments to set pollution caps for big power businesses for the first time. Firms can buy the right to […]

Markets Fear a Biden Administration

Markets Fear a Biden Administration

The Biden Administration will be filled with taxation and regulation that stifle economic growth. Billions will be spent pandering to “Social Causes” and the Socialist push of some Democrats with the support of mainstream media creating an economic downturn within the USA. The dollar fell Wednesday as Democrats claimed the first of two key election […]

Apple (NASDAQ:AAPL) Target Price $140

Apple (NASDAQ:AAPL) Target Price $140

$AAPL #Apple #iPhone #StockSplit #USA #Nasdaq #Stocks #Metastock AppleTicker: NASDAQ:AAPLPrice: $131.01 Apple News Apple on Tuesday announced its quarterly earnings call for the first fiscal quarter of 2021 will be held on Jan. 27, offering a detailed breakdown of the important holiday quarter as the coronavirus pandemic rages. As usual, the financial results for the typically […]

Sitting on a Cash Pile 10.0? Defense of the US is Mission Critical

Sitting on a Cash Pile 10.0? Defense of the US is Mission Critical

#cash #buy #Bullish $KTOS Kratos Defense and Security Solutions Inc. (NASDAQ:KTOS) broke out on 23 November at 23.81 and confirmed on 5 January at 26.91, garnering an HeffX-LTN buy rating with a target price at 37.00/share. There is Strong support at 19.79 and light resistance at 29.11. Our Key technical indicators are all turning Very […]

2021 World Economy Returns to Growth

2021 World Economy Returns to Growth

The 2021 World Economy is on track to grow by 4 percent in 2021, assuming vaccination for COVID-19 becomes widespread throughout the year, the World Bank Group said in its latest Global Economic Prospects released on Tuesday. “The global economy appears to be emerging from one of its deepest recessions, and beginning a subdued recovery,” […]

Apple (NASDAQ:AAPL) Will Decide the Politics of Executives

Apple (NASDAQ:AAPL) Will Decide the Politics of Executives

Apple is making environmental and social values factors it will weigh when calculating bonuses for top executives, according to a regulatory filing on Tuesday. The change taking effect this year is intended to motivate Apple executives “to meet exceptionally high standards of values-driven leadership in addition to delivering strong financial results,” the Silicon Valley technology […]

General Motors (NYSE:GM) Outlook Positive

General Motors (NYSE:GM) Outlook Positive

General Motors (NYSE:GM) Outlook Positive General Motors (NYSE:GM) reported Tuesday an annual drop in US auto sales despite a strong fourth quarter that reflected a surprisingly robust recovery from the disruption of Covid-19. The biggest US automaker cited continued consumer hunger for pickup trucks, sport utility vehicles and other large cars, enabling GM to score […]

Sitting on a Cash Pile 10.0? Let’s Go Racing!

Sitting on a Cash Pile 10.0? Let’s Go Racing!

#cash #bullish #buy $CHDN Churchill Downs Inc. (NASDAQ:CHDN) broke out on 4 November at 165.29 and confirmed on 5 January at 192.27 and is currently trading at 196.11 within it 52 wk trading range of 52.90 – 212.60. There is Strong support at 179.22 and Key resistance at 197.51, and light resistance through 212.58. Our […]

What’s Hot in China for 2021

What’s Hot in China for 2021

What’s Hot in China for 2021 Optimism built up in the Chinese market at the beginning of 2021, with its stocks climbing and its currency gaining strength. China’s stock market headed into the new year on an upbeat note, with the benchmark Shanghai Composite Index rising 1.6 percent during the first two trading days. The […]

The EV Market is Going Mainstream

The EV Market is Going Mainstream

Norway has become the first country in the world where electric cars account for more than half of new registrations, according to figures published Tuesday by an industry group. Despite the Covid-19 pandemic delaying the release of several new models, electric vehicles accounted for 54.3 percent of the new car market last year, up from […]

Samsung dominates Smartphone market Apple a distant second

Samsung dominates Smartphone market Apple a distant second

Samsung dominates Smartphone market Apple a distant second Samsung Electronics is expected to remain the world’s top smartphone producer this year, a report showed on Tuesday, though its market share is likely to go down as other brands will ramp up production with the recovery of mobile demand. Global smartphone production was projected to increase […]

Redsun Services Upgraded (HKG:1971) Target $8.80

Redsun Services Upgraded (HKG:1971) Target $8.80

Redsun Services Upgraded (“Redsun Services” or the “Group”; stock code: 1971), a fast-growing comprehensive community services provider focused on the Yangtze River Delta, has earned CCB International’s optimistic view accolade owing to a recent M&A that will strengthen its Central China and Non-Residential Exposure. The Group has also been given a “Buy” rating by CCB […]

Elon Musk and Telsa

Elon Musk and Telsa

After shares rocketed higher in 2020 on surging auto deliveries, Tesla enters 2021 with plenty of momentum even as its vision of taking electric cars mainstream remains a ways off. Elon Musk and Telsa The auto industry disruptor led by Elon Musk wowed Wall Street yet again over the weekend, reporting annual car deliveries of […]

China Telecom, China Mobile and China Unicom Rally as Expected

China Telecom, China Mobile and China Unicom Rally as Expected

The New York Stock Exchange abandoned plans to delist three state-owned Chinese telecom companies on Monday, reversing a decision that further dented already strained relations between the world’s two superpowers. In a brief statement, the stock exchange said it “no longer intends to move forward with the delisting action” for China Telecom, China Mobile and […]

Socialism Bites it’s Sponsor, Google Gets a Union

Socialism Bites it’s Sponsor, Google Gets a Union

Socialism Bites it’s Sponsor, Google Gets a Union Employees at Google and other units of parent firm Alphabet announced the creation Monday of a union, stepping up a period of socialist activism targeting Silicon Valley giants. The Alphabet Workers Union, affiliated with the Communications Workers of America, aims to represent well-compensated tech workers as well […]

Tesla on Target to $1000

Tesla on Target to $1000

Tesla delivered a record number of cars in 2020, the company said, just narrowly missing its half a million target for the year. The pioneering high-end electric vehicle maker delivered 180,570 cars to customers and produced 179,757 in the fourth quarter of the year, it said in a statement Saturday. Tesla’s previous record was 139,300 […]

China Mobile Communications, China Telecommunications Corp and China Unicom (Hong Kong) Limited are a Buy

China Mobile Communications, China Telecommunications Corp and China Unicom (Hong Kong) Limited are a Buy

Shares in China’s big three state-owned telecom companies slid in Hong Kong Monday during the first day of trading since the New York Stock Exchange announced it was delisting the firms. Friday’s move by the NYSE seeks to comply with an order by outgoing US President Donald Trump barring investment in firms with ties to […]

China is Still a Growth Story

China is Still a Growth Story

China’s foreign trade, with its “dark horse” performance in 2020 amid a pandemic-induced global recession, is expected to further stabilize in 2021, Reuters said in a recent analysis. Quoting several economic experts, the British news outlet wrote in its Chinese online edition that China’s foreign trade is expected to sustain due to an early recovery […]

Fed’s Monetary Policy will Remain Accommodative for “quite some time”

Fed’s Monetary Policy will Remain Accommodative for “quite some time”

#Fed #monetary #policy #accommodative $DIA $SPY $QQQ $RUTX $VXX  US economic growth could surge later this year if most Americans are vaccinated against The China Virus, but the gains would unlikely be enough for The Trump Fed to pull back its support, Cleveland Fed President Loretta Mester said Monday. Even if the vaccines help people […]

Oil Price to Remain Low

Oil Price to Remain Low

Members of the OPEC group of oil producers and their partners will meet via videoconference Monday to decide production levels for February, which it hopes to continue boosting. The OPEC+ ministerial meeting comes after the Covid-19 pandemic tanked the market for crude in 2020. Despite a slight recovery of prices towards the end of last […]

Inside the China EU Deal

Inside the China EU Deal

China and the European Union (EU) on Wednesday announced they have completed investment agreement negotiations as scheduled. The long-awaited result, which came after 35 rounds of negotiations in the course of seven years, is a milestone in EU-China relations and is expected to inject new vitality into the pandemic-battered global economy, European experts, officials and […]

Bitcoin: BTC/USD (BTC=X) Rally Extends Into The New Year

Bitcoin: BTC/USD (BTC=X) Rally Extends Into The New Year

$BTC #Bitcoin #Crypto #Cryptocurrencies #FX #Trading #Markets BitcoinTicker: BTC=Price: $32,911.86 Bitcoin Outlook The price of Bitcoin surpassed $34.7k, propelling Ethereum to break past $800 after a strong overnight rally. The Easy Way to Make Money from Crypto The price of Bitcoin (BTC) surpassed $34,700 to achieve a new all-time high after a strong overnight rally. Ether (ETH), the […]

Box Office: 2020 Domestic Box Office Fell 80% to $2.3-B

Box Office: 2020 Domestic Box Office Fell 80% to $2.3-B

#BoxOffice #Domestic #China #movie #business $CMCSA $T China beat North America as the world’s Top moviegoing market for the 1st time. But, no country was spared as global box office revenue fell at lease 72%% including a 70% decliner in China. The official numbers are in and North American box office revenue dove 80% in […]

China Telecom Corporation Ltd., China Mobile Ltd. and China Unicom (Hong Kong) Ltd

China Telecom Corporation Ltd., China Mobile Ltd. and China Unicom (Hong Kong) Ltd

The United States’ act of abusing national security to suppress Chinese enterprises is inconsistent with market rules and will weaken the confidence of all parties in the U.S. capital market, a spokesperson for China’s Ministry of Commerce said Saturday. The spokesperson made the remarks in response to the New York Stock Exchange’s announcement Thursday to […]

Online Gambling is a Good Bet in 2021

Online Gambling is a Good Bet in 2021

#gambling #online $CZR $FOX $MGM $PDYPY $WYNN “US online gambling looks to us like 1 of 2021’s better bets“– Paul Ebeling The potential market for internet sports betting could be worth up to $23-B 2X the annual gaming revenue of Nevada casinos. Online betting shops have faced some complex issues in the United States. A […]

Bitcoin Booms and Blockchain is the Future

Bitcoin Booms and Blockchain is the Future

Big investors added $11.5 billion in bitcoin over the previous three months. Analysts say that institutional investors, such as Paul Tudor Jones and Stanley Druckenmiller, have been driving bitcoin’s record run but that is just part of a boom the world is yet to see. We are slowly moving to Blockchain based platforms through Digitization […]

Newly Minted Tesla (NASDAQ:TSLA) Owners Receive a Surprise Holiday Bonus

Newly Minted Tesla (NASDAQ:TSLA) Owners Receive a Surprise Holiday Bonus

$TSLA #Tesla #Auto #Manufacturers #USA #Nasdaq #Stocks #Trading TeslaTicker: NASDAQ:TSLAPrice: $663.69 Tesla News Newly minted Tesla owners who receive their vehicles this week, before 2020 is over, will get a surprise holiday bonus: three free months of the company’s forthcoming “Full Self-Driving” driver-assistance system. Tesla CEO Elon Musk announced the news in a tweet Tuesday, promising that “all […]

Facebook (NASDAQ:FB) Stock Chart Technical Analysis from Metastock

Facebook (NASDAQ:FB) Stock Chart Technical Analysis from Metastock

$FB #Facebook #SocialMedia #Nasdaq #Stocks #Trading #Metastock FacebookTicker: NASDAQ:FBPrice: $276.78 Facebook News Facebook (FB) closed the most recent trading day at $276.78, moving -0.08% from the previous trading session. This change was narrower than the S&P 500’s 0.22% loss on the day. Meanwhile, the Dow lost 0.23%, and the Nasdaq, a tech-heavy index, lost 0.38%. Prior […]

Next Big News for Bitcoin: BTC/USD (BTC=X) will be Sovereign Wealth Funds and Governments

Next Big News for Bitcoin: BTC/USD (BTC=X) will be Sovereign Wealth Funds and Governments

$BTC #Bitcoin #Crypto #Cryptocurrencies #FX #Trading #Markets BitcoinTicker: BTC=Price: $26,362.30 Bitcoin Outlook The next big news for crypto currency will be sovereign wealth funds and governments. Will they be ready to make a public investment into crypto next year? It’s actually technically already happened, albeit not directly. The Norwegian Government Pension Fund, also known as the Oil Fund, […]

China’s Cryptocurrency the Digital Yuan

China’s Cryptocurrency the Digital Yuan

— China’s digital yuan, although still being piloted, promises to include more people in this fast-developing digital era, making daily life easier and digital payment more secure. — Unlike non-bank payment platforms that require users to link bank accounts, a digital wallet could be opened with any unique personal identification such as a driver’s license […]

Apple (NASDAQ:AAPL) Stock Hike After News of Apple Car

Apple (NASDAQ:AAPL) Stock Hike After News of Apple Car

$AAPL #Apple #iPhone #StockSplit #USA #Nasdaq #Stocks #Metastock AppleTicker: NASDAQ:AAPLPrice: $136.69 Apple News Apple Inc. (NASDAQ: AAPL) co-founder Steve Jobs has been dead since October 5, 2011. Tim Cook took over as CEO the same year. Apple has posted a huge stock and revenue run up since then, but the company’s primary product line has not […]

Tesla (NASDAQ:TSLA) Elon Confirms The Hype

Tesla (NASDAQ:TSLA) Elon Confirms The Hype

$TSLA #Tesla #Auto #Manufacturers #USA #Nasdaq #Stocks #Trading TeslaTicker: NASDAQ:TSLAPrice: $663.69 Tesla News Tesla’s plans in India are beginning to take shape. Tesla will begin operations in India early next year, the Indian Express reported. The country’s transport minister, Nitin Gadkari, said Tesla will start with sales and then may consider assembly and manufacturing based on the […]

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