Tokyo opening news digest
|Growth looks set to slow at Loeb’s activist investment target|
|Fed Chair Jerome Powell may be hoping one of his colleagues dissents against an expected December rate hike, in order to signal to markets the central bank is almost done tightening monetary policy.|
|From 1970 – 2016 there were 11,620 trading days. If you missed the 25 best days your return would go from 6.7% to 3.4%. In other words a $100 invested in 1970 and taken out of the stock market for just 25 selected days would be about $500. If you left that $100 alone you’d have approximately $2,000.|
|Recent price action raises the risk for a further decline in AUD/USD as both price and the RSI snap the bullish formations carried over from|
|Japan Overall Household Spending (YoY) came in at -0.3% below forecasts (1.6%) in October|
|DXY daily chart
The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages near the 97.00 figure.
|Final figures showed also showed that the Nasdaq Composite COMP ending higher by 0.4% to 7,188 and the Dow Jones Industrial Average DJIA, ended lower|
|S&P500 daily chart
The S&P500 is in a bear trend below the 200-day simple moving average (SMA).
|Australia AiG Performance of Construction Index down to 44.5 in November from previous 46.4|
|USD/JPY daily chart
USD/JPY is in a bull trend above the 200-day simple moving average (SMA).
|Apple appears to have completely overestimated demand for the iPhone XR, but it’s facing other headwinds as well.|
|Tesla has $920 million of convertible notes due in March. The company informed holders last week that they could receive a 50-50 mix of cash and equity for the notes.|
|Lululemon beat Wall Street estimates on the top and bottom lines.
Shares fell as much as 7% in after-hours trading Thursday before paring their losses.
|Ulta Beauty reported third-quarter earnings that topped expectations, but guidance was light.
Shares fell more than 6% following the results.
The stock ha…
|Domo Inc. DOMO, -1.14% shares rallied in the extended session Thursday after the cloud-based operating system company’s results and outlook topped Wal|
|Ulta Beauty Inc. ULTA, +0.61% shares declined in after-hours trading Thursday following an earnings report that predicted weaker holiday results than|
|American Outdoor Brands Corp. AOBC, +3.30% shares surged 15% in the extended session Thursday after the company beat Wall Street earnings and revenue|
|Broadcom Inc. AVGO, -2.07% shares rallied in the extended session Thursday after the chipmaker’s quarterly results and outlook topped Wall Street esti|
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