Tokyo opening news digest
|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.|
|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.|
|Buffett loves financials, while Klarman avoids them. But they both love Synchrony Financial|
|It’s not unusual for stocks to begin a tradeable rally as traders and investors anticipate the upcoming earnings season will be positive.|
|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 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|
|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|
|Analysts at Westpac have explained that risk appetite was positive in London and NY trade, equities and bond yields mostly higher.
|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 15-minute chart
Spot rate: 110.97
Relative change: 0.02%
|Citing sources familiar with the matter, Mike Dorning, deputy White House Editor for Bloomberg News, has recently reported that the Trump administrati|
|Analysts at TD Securities explained that markets traded with an upbeat tone on Tuesday.
“US equities were posting their fourth consecuti
|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|
|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
|BI PRIME: NYSE claps back at IEX’s accusations that it is misleading listed companies.|
|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.|
|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.|
|BI PRIME: Instagram has become a multi-billion dollar money-making engine that Facebook can crank up to pick up any slack|
|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 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|
|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|
|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|
|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|
|Talking Points: • For many speculators, the allure of placing a ‘great’ trade that impresses their peers often overrides mundane consistency • Jumping into m…|
|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…|
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Have a nice trading!