Markets News Stocks 

Santa Claus Rally? Machines Render Old Stock Market Adages Worthless

“Click here to learn more about this portfolio, trading ideas and market commentary product. — Bob Lang and Chris Versace are co-portfolio managers of Trifecta Stocks” writes Bob Lang for thestreet.com. The January Effect: the belief that stocks will rise during the first month of the year, particularly during the first five trading days.This time of year we like to toss around sayings that supposedly explain how the markets are going to roll. Source: thestreet.com Share This:

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AUD Markets News 

Asian stocks poised for cautious trade on the back of weak sentiment

“South Korea’s Kospi was trading lower by about 0.15 percent” writes Eustance Huang for cnbc.com. Stocks in Asia were trading cautiously in morning trade on Monday following a report suggesting further turmoil for the markets in 2019, and after a Wall Street sell-off on Friday.The heavily-weighted financial subindex fell nearly 1 percent, with shares of Australia’s so-called Big Four banks seeing declines.Meanwhile, Australia’s ASX 200 was trading at around 0.03 percent higher, with the sectors in mixed territory. Source: cnbc.com Share This:

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JPY News Reviews 

JPY Daily Review December 17, 2018

JPY Daily Review for December 17, 2018 USD/JPY Technical Analysis: pair is testing 50-hour MA support after descending triangle breakdown The USD/JPY is trading at the 50-hour moving average (MA) support of 113.44, having suffered a descending triangle breakdown on the 15-minute chart ea   GBP/JPY slipping below 143.50 as risk aversion builds for Friday GBP/JPY is seeing steady declines in early Friday trading, testing into 143.30 as risk aversion sees investors stepping back into the safe-haven Yen a   AUD/JPY has a rough start, sinking towards 81.50 on China…

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GBP News 

New Brexit vote would ‘break faith’ with British, says May

“LONDON (Reuters) – Prime Minister Theresa May will state her opposition to a second Brexit referendum on Monday, telling parliament such a vote would “break faith” with British people and do “irreparable damage” to politics” writes Midwest Communications Inc for 95kqds.com. But while EU leaders said they were willing to help May, they warned the British prime minister she could not renegotiate the deal, agreed earlier this year. Source: 95kqds.com Share This:

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News Oil 

Pemex aims for splash in shallow waters, retreats from the deeps

“Almost half the Pemex budget is earmarked for exploration and production, mostly in shallow water and some onshore areas” writes Midwest Communications Inc for 95kqds.com. To that end, the budget projects Pemex spending almost $2.5 billion on an oil refinery Lopez Obrador is building at the southern Gulf coast port of Dos Bocas. “If Pemex has to do it all by itself with this level of funding, it won’t be enough,” he said. Source: 95kqds.com Share This:

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Heads-up News 

Tokyo Trading Session Heads Up Sunday, December 16, 2018

Tokyo opening news digest In 2019, Blue-Collar Workers Disappearing And In Hot Demand The blue collar labor pool is shrinking and wages are rising. It’s not because manufacturing is returning to the U.S. from China and elsewhere.   Want A Bargain? 3 Cheap Stocks That Are About To Breakout Here are three shockingly cheap bargain stocks that are about to breakout. I’m using the standard trailing price-to-earnings (P/E) ratio. Here are only three cheap stocks that showed up on CheapBargainStocks.com’s radar recently.   NZD/USD pressured below recent daily highs ahead…

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AUD News Reviews 

AUD Daily Review December 16, 2018

AUD Daily Review for December 16, 2018 What Directors Need to Know About Digital Advertising Fraud In this digital age boards need new, independent verification systems to be sure their companies are getting true value digital spend for the shareholders.   AUD/USD falling into the week’s lows at 0.7180 on China data flub AUD/USD is firmly pointed downwards for Friday’s action, dropping from the early session’s 0.7230 to test the week’s low at 0.7180 on China’s Retail S   AUD/JPY has a rough start, sinking towards 81.50 on China data…

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Heads-up News 

Sydney Trading Session Heads Up Sunday, December 16, 2018

Sydney opening news digest How To Avoid Amazon Scammers This Holiday Season Be careful shopping with Amazon third-party sellers, with no track record, who do their own fulfillment.   The Week Ahead: When Will The Sellers Be Exhausted? It was another week of rally failures and steep declines in many stocks. There are signs that investors have turned more bearish but is that enough? What will it take to exhaust the sellers? Tom Aspray points out some interesting developments.   Why I’m Not Buying A Model 3 After test driving…

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Crypto News 

Hodler’s Digest, Dec 10-16: Top Stories, Price Movements, Quotes and FUD of the week

“The Canadian city of Calgary, located in the province of Alberta, has launched its own digital currency: the Calgary Dollar” writes Molly Jane Zuckerman for cointelegraph.com. Head of Largest Romanian Crypto Exchange Arrested for Fraud on US Warrant Vlad Nistor, the CEO of Romania’s largest crypto exchange Coinflux, was reportedly arrested on a warrant from the U.S. for fraud, organized crime and money laundering.The digital currency will allow citizens, using an app on their devices, to support small businesses and nonprofits by keeping funds within the city.Coinflux is an online…

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