Heads-up News 

Tokyo Trading Session Heads Up Tuesday, July 10, 2018

Tokyo opening news digest

The Dow Is Low Hanging Fruit, Time To Grab It

There is a glaring lag in the performance of blue chip stocks coming out of this recent stock market correction. This is creating a huge opportunity to buy the Dow, now.

 

3 Stocks You Should Buy In The Next Downturn: Tesla, Nvidia, and Facebook

Now is the time to do the research so when the next market panic occurs, we can step confidently into the market to buy when everyone is selling.

 

Warren Buffett And Seth Klarman Agree On One Stock – Synchrony Financial

Buffett loves financials, while Klarman avoids them. But they both love Synchrony Financial

 

Nasdaq And Russell 2000 Knock On The Door Of New Highs As Tech And Small-Caps Lead

It’s not unusual for stocks to begin a tradeable rally as traders and investors anticipate the upcoming earnings season will be positive.

 

AUD/JPY Review: Aussie stumbling back to 82.00 on trade war fears

The AUD/JPY is falling back amidst a resurgence in trade war fears following headlines that the US is likely to be announcing further tariffs on Chine

 

NZD/USD: bulls losing grip below the 21-D SMA

NZD/USD is currently trading at 0.6820 with a high of 0.6842 overnight made in NY, being hit up upon fresh trade war angst headlines that are hurting

 

AUD/USD loses sight of 0.75 as trade fears return

The AUD/USD is sharply lower heading into Wednesday’s Asia trading session, knocking back into 0.7425 on the back of headlines that the US is again ra

 

Risk appetite was positive in London and NY trade – Westpac

Analysts at Westpac have explained that risk appetite was positive in London and NY trade, equities and bond yields mostly higher.

Key Quotes:

“Euro

 

USD/JPY back below the 111 handle on fresh trade war angst

USD/JPY is losing the 111 handle in early Asia on the back of trade war noise whereby the Trump administration is reportedly planning to publish a lis

 

USD/JPY Technical Analysis: USD/JPY drops 110.00 level as US is set to announce new tariffs list on $200 bln worth of Chinese imports

USD/JPY 15-minute chart 

Spot rate:                 110.97

Relative change:       0.02%     

High:                        111.04

Low:

 

Breaking News: US to announce new tariffs list on $200 bln worth of Chinese imports

Citing sources familiar with the matter, Mike Dorning, deputy White House Editor for Bloomberg News, has recently reported that the Trump administrati

 




Markets traded with an upbeat tone on Tuesday – TDS

Analysts at TD Securities explained that markets traded with an upbeat tone on Tuesday.

Key Quotes:

“US equities were posting their fourth consecuti

 

WTI surges toward mid-$74 in post-settlement trade as API shows large draw in crude stocks

After settling with small gains at $74.11, the barrel of West Texas Intermediate gained traction in the late NA session after the weekly API report sh

 

United States API Weekly Crude Oil Stock: -6.796M vs previous -4.5M

United States API Weekly Crude Oil Stock: -6.796M vs previous -4.5M

 

Four-Month High Crossing Wall Street

The S&P 500 closed today at 2,793.84. That’s the highest close since February 1.

Posted by Eddy Elfenbein on July 10th, 2018 at 4:39 pm

The informat

 

‘IEX has sunk to a new low’: NYSE blasts upstart rival’s claims that it’s misleading its listed companies in brutal letter

BI PRIME: NYSE claps back at IEX’s accusations that it is misleading listed companies.

 

A Wall Street analyst says Google has 2 different choices for its car spinoff, and one of them could make Waymo a $180 billion company

BI PRIME: Google’s Waymo has a big lead in self-driving cars and it’s now in the best position to profit from what will likely be an enormous market, according to RBC analyst Mark Mahaney. He believes Waymo could generate as much as $35 billion in operating profit by 2030.

 

Trump is about to kick the trade war with China into high gear

President Donald Trump is nearing an escalation of the trade war. According to a new report, Trump si set to release a list of $200 billion worth of Chinese goods that could be subject to a new 10% tariff.

 

A third of Facebook’s ad revenue growth now comes from Instagram — and it couldn’t come at a better time

BI PRIME: Instagram has become a multi-billion dollar money-making engine that Facebook can crank up to pick up any slack

 

The App Store has made Apple at least $40 billion in revenue since it was created 10 years ago today

Apple’s services segment, which also includes Apple Music, iTunes, and Apple Pay in addition to the App Store, accounted for 15% of Apple’s revenue in Q2 of 2018. A breakdown of the amount paid out to developers shows a more specific number attributable to the App Store.

 

B. Riley Financial names co-CEOs

B. Riley Financial Inc. RILY, +0.00% said late Tuesday that it had appointed Bryant Riley and Tom Kelleher as co-chief executives of the company. B. R

 

MoviePass parent Helios and Matheson down in after-markets trade after initiating public offering

Shares of MoviePass parent company Helios and Matheson Analytics Inc. HMNY, +1.64% dropped more than 9% in after-hours trade Tuesday after the company

 

Fastenal shares rise as company raises dividend to 40 cents

Shares of Fastenal Co. FAST, -0.18% rose late Tuesday after the company said its board raised the quarterly dividend to 40 cents a share from 37 cents

 




API data reportedly show a weekly drop in U.S. crude supply

The American Petroleum Institute reported Tuesday that U.S. crude supplies fell by 6.8 million barrels for the week ended July 6, according to sources

 

Looking for the Consistent Trades Rather Than the ‘Hero’ Trades (Quick Take Video)

Talking Points: • For many speculators, the allure of placing a ‘great’ trade that impresses their peers often overrides mundane consistency • Jumping into m…

 

Trump Disputes at NATO Summit Will Amplify Trade Wars, Loonie Clarity from BoC

Talking Points: • Risk trends extend its recovery with a fourth conscecutive S&P 500 rally, but a NATO summit will remind us of trade wars • There is a diffe…

 

Cheer Up

Adage:

Bulls make money, bears make money, pigs get slaughtered.

Cartoon:


Image courtesy: www.profitf.com

Have a nice trading!




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