Heads-up News 

Sydney Trading Session Heads Up Thursday, June 13, 2019

Sydney opening news digest

Best Interest: Really?

In a party line 3-1 vote on Reg BI the SEC proved once again that the Broker-Dealer industry has the best government money can buy. They can continue to misrepresent their obligation to provide unbiased advice, call themselves fiduciary advisors when in fact they are commissioned sales people.

 

The Best, And Worst, 10%+ Yields Today

Most dividend investors love the idea of 10%+ yields. It sure makes retirement easy! But this strategy is a bit more complicated than it might seem …

 

After An Impressive Start To The Fiscal Year, How Is Lululemon Athletica Expected To End FY-2019?

Lululemon Athletica (NASDAQ: LULU) released its Q1 2019 financial results on June 12, 2019, followed by a conference call with analysts. The company beat consensus estimates for both revenue as well as earnings. LULU reported revenue of $782.3 million in Q1 2019, marking a growth of 20.4% over Q1…

 

Ten Congressmen Introduce Bill Threatening Hong Kong’s Special Trade Relationship With The U.S.

Congressmen led by Senator Marco Rubio are threatening Hong Kong’s special trade deal with the U.S. if it passes extradition law.

 

Why Ray Dalio Is Wrong On Capitalism

Ray Dalio is the controversial founder of the world’s largest hedge fund. Lately, Ray has been open with his thinking, posting books and essays. In one of his essay, he basically endorses Modern Monetary Theory (MMT). When I read it I found myself thinking, “Ray Dalio is really, really wrong.”

 

Baby Boomers: Don’t Buy Into These 10 Pre-Retirement Investment Myths

Members of Forbes Finance Council debunk common investment myths Baby Boomers may encounter as they approach retirement, and explain what you should do instead.

 

Earnings Preview: What To Expect From Adobe On Tuesday

Adobe is expected to report earnings of $1.78/share on $2.70 billion in revenue. Meanwhile, the so-called Whisper number is $1.83

 

How Lebanon Will Dodge Its Looming Debt Crisis

The economic outlook for Lebanon is not nearly as bad as some would have you believe. And that presents an opportunity for investors to buy Lebanese government bonds at a potentially massive discount.

 

Modest Tariff Impacts To Worsen If Trade War Continues

MODEST TARIFF IMPACTS TO WORSEN IF TRADE WAR CONTINUES

 

Either Analysts Got The Components Wrong Or S&P 500 Headed 11% Higher

For the SPDR S&P 500 ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $319.76 per unit.

 




Emotions Will Torpedo Your Investments, But You Can’t Avoid Them. Here’s What Can Work Instead

Human emotions are powerful and can be very destructive when it comes to investing. Ignoring them is a fool’s errand, as they usually prevail. A better approach is to prevent them from being triggered in the first place. Tactical Allocation processes can be very useful if chosen carefully.

 

Two Tankers Explode Near The Persian Gulf, Many Blame Iran But Oil Markets Shrug

Could the latest tanker incident in the Middle East cause a military conflict? Do oil markets even care?

 

Boris Johnson And Brexit Dominate The Tory Leadership First Ballot

Boris Johnson stormed ahead in the first round of voting for the the leadership of the Conservative Party. Whoever wins will become the U.K.’s next Prime Minister. They will have to deliver Brexit and then get ready to fight a difficult election.

 

How Does China Mobile’s Wireline Broadband Business Compare With Its Peers?

China Mobile (NYSE:CHL) has quickly grown to become one of the largest broadband providers in China, in terms of number of subscribers, with its total user base standing at about 168 million as of April 2019. The growth of this business is crucial for the company as revenue from its core mobile …

 

Analysts Anticipate The iShares Russell Mid-Cap Value ETF To Hit $98

For the iShares Russell Mid-Cap Value ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $98.11 per unit.

 

Beware: A Dividend Stock That Should Be Sold Ahead Of Next Week!

Give this dividend stock short shrift ahead of upcoming financials. It could cost you a fortune!

 

Building A Financial Market For The Common Good: The Experience Of Impact Investing In Spain

Beyond the specific case of impact investing in Spain, this process has provided important insights about how markets emerge at the intersection of the financial and social sectors.

 

Analysts Anticipate The SPDR S&P Bank ETF To Hit $50

For the SPDR S&P Bank ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $49.63 per unit.

 

UBS’ Wealth Management Business Could Cross $19 Billion In Five Years

UBS’s focus on its wealth management business significantly increased after 2008. Trefis has summarized changes in the bank’s wealth management business in the dashboard – How Has UBS’s Wealth Management Business Changed Over The Last 10 Years, And What’s The Forecast Over The Next 5 Years?

 

Purchase Mortgages Spark Homebuilder Stocks, More Good News To Come

A turnabout by the new home sales naysayers looks near. The reason? The consensus expectation of a 2% decrease in purchase mortgage applications was j

 

Surprising Analyst 12-Month Target For The iShares U.S. Healthcare ETF

For the iShares U.S. Healthcare ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $217.09 per unit.

 

Wynn’s Shares Look Considerably Undervalued Despite Expected Macau Headwinds This Year

Wynn Resorts has seen its stock tumble more than 20% over the last month primarily due to concerns about the impact of the ongoing U.S.-China trade war. Per Trefis estimates, Wynn’s shares have a fair value of $143 per share, a figure that is about 20% ahead of the current market price

 




Norway’s Energy Software Firm Cognite Could Opt For IPO, Says Cofounder

In an exclusive interview, entrepreneur John Markus Lervik reveals his firm, majority-owned by Aker, is poised for robust growth and rapid expansion making an IPO a natural step to take.

 

What You Need to Know About Chewy’s IPO

This report aims to help investors sort through Chewy’s financial filings to understand the fundamentals and valuation of this IPO.

 

Equity Trading Portfolio of 5 Largest U.S. Investment Banks Could Reach $540 Billion By 2024

Equity trading is a key revenue source for an investment bank, which has seen several ups and downs over the last decade. In order to understand it better, Trefis has analyzed the Equity Trading Portfolio of the 5 largest U.S. Investment Banks in an interactive dashboard.

 

Market Bounces As Rise In Oil Prices Fuels Jump In Energy Shares

This morning, sentiment has shifted in an upward direction as energy shares and chipmakers help fuel buying.

 

Gold Price Rally May Be Set to Resume Rally to Fresh 2019 Highs

Gold prices had been on a tear up until a week ago. After moving sideways for the past several days, the rally by gold prices may be ready to resume.

 

Near-term Trade Setups in USD/CAD and EUR/USD

An update on near-term trade setups we’ve been tracking in Loonie (USD/CAD) and Euro (EUR/USD). These are the targets and invalidation levels that matter this week.

 

FX Price Action Setups in EUR/USD, GBP/USD, USD/CAD and AUD/USD

Next week brings the FOMC for the June rate decision – but can the bank’s forecasts meet the market’s demands around future rate cuts?

 

Oil Price Volatility Hints at Emerging Markets Fallout Risk

Volatility in crude oil could lead to contagion in emerging markets if lingering trade war uncertainty and slowing global growth fears persist.

 

Oil Weekly Price Outlook: Crude Crashes into Fibonacci Support

Crude prices have plummeted more than 25% from the yearly high oil crashing into confluence support here. These are the levels that matter on the WTI weekly chart.

 

Palladium Price: Bullish Momentum Pressing Towards April’s High

Did we get it right with our various forecasts? Find out more for free from ourQ2 USD and main currencies forecasts

On May 22, Palladium price correc

 

Tesla Bull Ross Gerber Talks Stock Picking

Tesla Bull Ross Gerber features in our podcast Trading Global Markets Decoded, hosted by Tyler Yell.

 

Fed Leads with RBA, RBNZ for Interest Rate Cuts Priced-In for 2019 – Central Bank Weekly

After central bank rate decisions and policymakers’ speeches this week, interest rate markets are pricing in more dovish action from the world’s major central banks over the coming months.

 




Trading with the Spinning Top Candlestick

The spinning candle pattern is an indecision formation – a set up that can help traders to find advantageous risk-reward ratios.

 

Boris Johnson Wins First Round of UK Leadership Contest by a Landslide, What Next?

Boris Johnson Wins First Round of UK Leadership Contest by a Landslide, What Next?

 

CAD Outperforms as Crude Oil Soars, AUD Down Under on RBA Rate Cut Risk – US Market Open

CAD Outperforms as Crude Oil Soars, AUD Down Under on RBA Rate Cut Risk – US Market Open

 

US Dollar Price Outlook: USD Bounce Runs into Resistance

The US Dollar came into the month of June screaming-lower, but has since found support. Next week’s FOMC looms large, will buyers be able to hold the bid?

 

Iran: US military response is not ruled out

Oil prices were up more than 3% on Thursday following reports of a tanker incident in the Gulf of Oman off the Iran coast. “It is the assessment of th

 

S&P500 technical analysis: The consolidation goes on below the 2,900.00 mark

S&P500 daily chart The S&P500 Index is consolidating the recent gains below the 2,900.00 mark. The market is bullish above its main daily simple movin

 

US Dollar Index technical analysis: DXY climbs above 97.00

DXY daily chart The US Dollar Index (DXY) is in a bull trend above the 97.00 level and the 100/ 200-day simple moving averages (DSMA). DXY 4-hour char

 

USD/CAD to move lower over coming months – Danske Bank

Analysts from Danske Bank expect the Bank of Canada to keep their interest rate unchanged over the next 12 months. They forecast USD/CAD at 1.32 in a

 

EUR/USD retreats below 1.1300 but still could post its first monthly gain

The EUR/USD pair bottomed earlier today at 1.1267, the lowest level in six days and then slowly recovered until it found resistance at the 1.1285 area

 

USD/CAD looks to snap 3-day winning streak amid surging oil prices

The USD/CAD pair came under pressure on Thursday with the rising crude oil prices helping the commodity-sensitive loonie outperform its major rivals.

 

USD/TRY: Global monetary easing stops TRY’s free fall – Danske Bank

According to analysts from Danske Bank, the TRY is stabilising on a global turn in monetary easing, while a lower oil price could wipe away the extra

 

WTI pops and drops on Pompeo publically blaming Iran for attack on oil tankers

Oil prices are showing their sensitivity to the escalation of foreign affairs between the U.S. and Iran following the recent attack on oil tankers hit

 




USD/MXN Technical Analysis: Remains in consolidation range with a bearish bias but…

Price is holding above an uptrend line while at the same time below a key 20-day moving average. Short-term technical indicators favor the downside bu

 

US Sec. of State Pompeo: U.S. assesses Iran is responsible for Oman Gulf tanker attacks

The U.S. Secretary of State, Mike Pompeo, is now delivering his remarks to the media on the latest oil tanker attacks in the Gulf of Oman. Below are s

 

United States 30-Year Bond Auction declined to 2.607% from previous 2.892%

United States 30-Year Bond Auction declined to 2.607% from previous 2.892%

 

EUR/JPY: Closely correlated to stocks, upside correction is over

EUR/JPY is a good gauge for the market’s risk appetite, commonly correlated to the performance of global stocks. Markets are preparing for a much more

 

US: Retail Sales likely rebound in May – Wells Fargo

On Friday, in the US, retail sales and industrial production data will be released. Analysts at Wells Fargo expect a 0.7% increase in retail sales hea

 

USD/CHF technical analysis: US Dollar on the way up near 0.9940 against CHF

USD/CHF daily chart USD/CHF is in consolidation mode below the parity level and its 200-daily simple moving average (DSMA). USD/CHF 4-hour chart USD/C

 

Kudlow speaking LIVE: We are draining the international global trading rules swamp

White House economic advisor Larry Kudlow is speaking live in a fireside chat on the U.S. economy and the trade policy at the Peterson Institute for I

 

USD/JPY goes into consolidation near mid-108s

The USD/JPY pair is having a tough time determining its next short-term direction on Thursday amid a lack of significant market drivers. As of writing

 

USD/CAD technical analysis: Greenback gaining some traction above 1.3300

USD/CAD daily chart The market is trading in a bull trend above its 200-day simple moving average (DSMA). USD/CAD 4-hour chart USD/CAD trades below it

 

Gold prints fresh highs, rises to test $1340

The precious metal gathered strength over the last hours, breaking a range to the upside. It reached a fresh daily high at $1340, and it is hovering s

 

GBP/USD again limited by 1.2700, remains in a small range flat for the day

The GBP/USD pair reached a daily high at 1.2707 at the beginning of the American session and then pulled back modestly and as of writing trades at 1.2

 

EUR/GBP fails to hold above 0.89, looks to close in the red for the third straight day

After closing the last two days in the negative territory, the EUR/GBP pair extended its slide on Thursday and dropped below the 0.89 mark. As of writ

 




USD/JPY technical analysis: Greenback slows down near 108.55 resistance against Yen

USD/JPY daily chart USD/JPY is trading in a bear leg below the main daily simple moving averages (DSMAs). USD/JPY 4-hour chart USD/JPY is consolidatin

 

United States EIA Natural Gas Storage Change came in at 102B, below expectations (109B) in June 7

United States EIA Natural Gas Storage Change came in at 102B, below expectations (109B) in June 7

 

Oil technical analysis: WTI consolidates gains after the overnight spike

Oil daily chart WTI (West Texas Intermediate) is trading in a bear trend below its main simple moving averages (SMAs). Oil 4-hour chart The market is

 

EUR/USD technical analysis: Slides below 200-hour SMA, refreshes weekly low

Meanwhile, technical indicators have been gaining negative momentum on hourly charts and further reinforce the bearish set-up, albeit bullish oscillat

 

Most economists see a cut as the Fed’s next policy adjustment – WSJ survey

According to a recently conducted survey by The Wall Street Journal, more than 75% of 46 who took part see a rate cut as the Fed’s next move. “That co

 

Wall Street opens higher led by sharp gains in energy shares

Major equity indexes in the U.S. started the day in the positive territory on Thursday supported by decisive gains witnessed in energy shares. As of w

 

USD/CAD bounces off lows, finds some support near 1.3300 handle

The USD regained some positive traction in the last hour, helping the USD/CAD pair to quickly recovery around 20-pips from daily lows. Having failed t

 

RBA: Inflation expectations moving lower – ANZ

David Plank, analyst at ANZ, thinks that declining inflation expectations are a factor in the RBA’s decision to ease monetary policy. Key Quotes “The

 

Gold eases from 6-day highs, clings to small daily gains above $1330

Supported by risk-off flows, the precious metal gathered strength and caused the XAU/USD pair climb to its highest level since June 7 at $1339 earlier

 

Fed: Rate cuts coming – Nordea Markets

Anders Svendsen, analyst at Nordea Markets, suggests that they are changing their Fed forecast and adding four rate cuts starting in July. Key Quotes

 

Morning News: June 13, 2019 Crossing Wall Street

Oil Surges as Tankers in Gulf Suffer Another Suspected Attack

Is Bitcoin Growing Up? Regulated Futures Boom as Investors Seek a Safer Ride

The Fed N

 

A titan of global investing just booted Facebook from its do-good index as a direct result of privacy concerns | Markets Insider

S&P Dow Jones Indices is removing Facebook from its S&P 500 ESG Index, which tracks companies that score well in its environmental, social, and co…

 




Online tech publisher CNET is shutting down its print magazine after less than five years

The CBS owned tech news publisher informed employees of the closure in a company meeting last month.

 

Even the world’s top firms pay Rob Arnott for advice. Here’s why he thinks an area of the market once left for dead is set for a roaring comeback.

The smart-beta pioneer Rob Arnott made a bold stock-market call in front of a packed house at the 2019 Research Affiliates Advisor Symposium.

 

CERN, the famous scientific lab where the web was born, tells us why it’s ditching Microsoft and helping others do the same

A CERN IT professional gave Business Insider more details about what CERN is internally calling the Microsoft Alternatives project.

 

Trump and Xi are supposed to meet at the upcoming G20 summit. Here’s why experts say the outcome will dictate the fate of the entire stock market. | Markets Insider

President Donald Trump and Chinese President Xi Jinping may meet in Japan later this month at the annual G20 summit to discuss trade relations, but those …

 

JPMORGAN: America’s small businesses risk running out of money as the trade war rages on — and investors appear blind to the mounting pressure

JPMorgan says investors are still underestimating the trade war’s impact, and it offers a trade for investors looking to get ahead of further turmoil.

 

A secretive self-driving startup worth $2.5 billion just raised $600 million with help from Tesla’s biggest outside investor

Some of Aurora Innovation’s top talent came from Tesla, where they were working on Autopilot and the Model X.

 

Disney jumps after Morgan Stanley boosts its outlook for Netflix competitor Disney Plus (DIS) | Markets Insider

Disney shares rose as much as 3% after Morgan Stanley published a report on Thursday increasing their price target to $160 from $135.
Morgan Stanley also …

 

Lululemon is spending more on air shipments before Trump’s tariffs clog up ports — and it’s a stark warning for companies that import from China | Markets Insider

Ports could become congested this summer as companies bring forward shipments from China in anticipation of higher tariffs.
Lululemon plans to dodge the …

 

$7 billion hedge fund WorldQuant hosted a competition for women quants. Now it’s hiring 50 of the contestants as research consultants.

The competition, co-sponsored by women’s tech and finance advocacy groups, was organized to provide more opportunities for women in finance.

 

China says trade pressure from the US ‘will absolutely not succeed’ as Trump vows to slap tariffs on $300 billion worth of products | Markets Insider

China said on Thursday it wouldn’t give into ‘maximum unilateral pressure’ from the US on trade.
That came ahead of an anticipated meeting between the …

 

Why there is no ‘Peak Car’

Even if a recession appears, automakers have ridden out downturns for a century and generally seen sales recover.

 

Alibaba has reportedly filed confidentially for a Hong Kong listing that could raise up to $20 billion (BABA) | Markets Insider

Alibaba has reportedly filed to list on the Stock Exchange of Hong Kong in an offering that could raise $20 billion. 
The China-based ecommerce congl…

 




Tyson takes on Beyond Meat with plans to make plant-based ‘meat’ a billion-dollar business

Tyson Foods is taking on Beyond Meat with a new line of plant-based meat alternatives, including vegan nuggets launching later this year.

 

Restoration Hardware soars after earnings beat, says it won’t see a big impact from the trade war

Restoration Hardware’s stock price soared on Thursday morning after a strong first quarter earnings report.

 

Beyond Meat tanks after Tyson announces its own line of plant-based meat alternatives (BYND, TSN) | Markets Insider

Beyond Meat shares fell early Thursday after Tyson Foods announced its own line of plant-based protein products.
Tyson’s announcement comes just over a we…

 

Sanders to depart as White House press secretary at end of June, Trump says

White House press secretary Sarah Sanders will leave her position at the end of the month, President Donald Trump said in a tweet on Thursday. Trump said…

 

Stocks close modestly higher; snap two-day losing streak

U.S. stocks rebounded modestly Thursday, following two-straight days of losses, led by in part by shares of energy companies as investors monitored a rise in…

 

Red Robin’s stock soars toward biggest-ever one-day gain; co. responds to activist calls for strategic review

Shares of Red Robin Gourmet Burgers Inc. rocketed 31.1% in afternoon trading, putting them on course for the biggest one-day gain since the burger chain went…

 

Oil futures boosted after attacks on crude tankers, but end off session highs

Oil futures ended higher Thursday after attacks damaged two oil tankers off the coast of Iran, near the Strait of Hormuz, escalating tensions between…

 

Energy stocks in a broad rally, as crude prices bounce sharply after attacks on two oil tankers

Energy stocks rallied in unison Thursday to pace the S&P 500’s sector gainers, with crude oil futures surging as U.S. Secretary of State Mike Pompeo said…

 

Pompeo warns Iran U.S. will ‘defend our forces’ after oil-tanker attacks

U.S. Secretary of State Mike Pompeo on Thursday accused Iran of orchestrating a series of attacks on oil tankers and other targets in a effort to get the…

 

Chesapeake Energy’s stock bounces on NYSE-leading volume as oil prices surge

Shares of Chesapeake Energy Corp. shot up 3.1% in active afternoon trading Thursday, to bounce off a 6-month low hit earlier in the session, as a rally in…

 

Disney stock surges toward record high after Morgan Stanley boosts price target

Analysts at Morgan Stanley raised their price target on shares of the Walt Disney Co. to $160 from $135 on Thursday, saying the media giant’s streaming…

 

Tesla denied tariff relief for Model 3 ‘brain’: report

U.S. regulators have denied requests to exempt two components of the Tesla Inc. Model 3 from 25% tariffs levied on Chinese-made goods, according to a Reuters…

 




Dow transports’ out-gains broader stock market again; American Airlines leads airline stocks higher

The Dow Jones Transportation Average rallied 0.6% toward a fifth-straight gain in morning trading Thursday, as another day of strength in its airline…

 

Fiverr stock jumps after IPO

Fiverr Inc. shares jumped 40% Thursday morning in their first day of trading. The first trade was executed at 10:27 a.m. for $26. Shares recently changed…

 

Natural-gas prices pare loss after a slightly smaller-than-expected weekly climb in U.S. supplies

The U.S. Energy Information Administration reported Thursday that domestic supplies of natural gas rose by 102 billion cubic feet for the week ended June 7….

 

This underrated Facebook business is ‘an emerging part’ of the bull case, says Deutsche Bank

Facebook Inc.’s Facebook Watch video product hasn’t received much love from investors since it launched two summers ago, but Deutsche Bank’s Lloyd Walmsley…

 

Callaway Golf’s stock jumps after Jana discloses large stake, seeks alternatives including potential sale

Shares of Callaway Gold Co. shot up 12% toward a 6 1/2-month high in morning trade Thursday, after the golf equipment maker disclosed that hedge fund Jana…

 

Stock market opens higher, set to snap 2-session drop as oil-tanker attacks jolt energy sector

U.S. stock benchmarks on Thursday opened firmly higher, aiming to snap a two-session skid. Investors were focusing on surging oil prices which were rallying…

 

Alibaba confidentially files for Hong Kong listing, says Bloomberg

Alibaba Group Holding Ltd has filed a confidential stock-listing application in Hong Kong, Bloomberg reported on Thursday morning. Were the company to go…

 

Uber and Lyft both have room to run, Evercore says

Evercore ISI analyst Benjamin Black initiated coverage of Uber Technologies Inc.’s stock and Lyft Inc.’s stock at outperform late Wednesday, arguing that the…

 

Price target on Bristol-Myers stock cut to $51 at UBS

Analysts at UBS cut their price target on shares of Bristol-Myers Squibb Co. on Thursday to $51 from $55 per share, citing lower-than-consensus expectations…

 

Red Robin’s stock soars after shareholder said its prepared to make a buyout bid

Shares of Red Robin Grourmet Burgers Inc. ran up 27% in active premarket trade Thursday, after the restaurant chain disclosed that its third-largest…

 

House Intelligence Committee subpoenas Flynn, Gates in Russia probe

The House Intelligence Committee on Thursday subpoenaed former Trump Campaign Deputy Chairman Rick Gates and former National Security Adviser Michael Flynn…

 

DryShips’ stock soars after receipt of buyout proposal by company controlled by CEO George Economou

Shares of DryShips Inc. rocketed 26% in active premarket trade Thursday, after the cargo ship operator said it received a buyout proposal from SPII Holdings…

 

‘Now seems to be an especially opportune time to sell Twitter,’ says MoffettNathanson

Twitter Inc. shares are off 0.9% in premarket trading Thursday after MoffettNathanson analyst Michael Nathanson reiterated his bearish call on the stock and…

 

Beyond Meat’s stock swings lower after Tyson Foods unveils plant-based food line

Shares of Beyond Meat Inc. swung lower in premarket trade Thursday, after Tyson Foods Inc. said it was entering the alternative protein market. The stock was…

 

Target raises dividend, to boost implied yield to 3%

Target Corp. said Thursday it was raising its quarterly dividend by 3.1%, to 66 cents a share from 64 cents. The new dividend will be payable Sept. 10 to…

 

Columbia Care can accept credit card purchases of cannabis, with launch of CNC Card nationwide

New York-based cannabis company Columbia Care Inc. announced Thursday the nationwide launch of its Columbia National Credit progrom, or “CNC Card,”…

 

OPEC trims forecast for 2019 world oil-demand growth

The Organization of the Petroleum Exporting Countries on Thursday trimmed its forecast for growth in world oil demand this year to 1.14 million barrels a…

 

Central Bank Weekly: How are the Fed, PBOC, and SNB Responding to Trade Wars?

DailyFX Senior Currency Strategist Christopher Vecchio, CFA discusses the major central banks’ monetary policies and their implications for FX markets over t…

 

Bitcoin Forecast June 14, 2019

The bitcoin markets rallied a bit during the trading session on Thursday as we continue to grind higher. When you look at the chart it’s very easy to see tha…

 

Gold Forecast June 14, 2019

Gold markets rallied during the trading session on Thursday, reaching towards the upside and the massive gap that kicked off this week. I still see a lot of …

 

WTI Crude Oil and Natural Gas Forecast June 14, 2019

The WTI Crude Oil market rallied significantly during the trading session on Thursday as we got wind that the attack on those couple of oil ships in the stre…

 

Bullish on Tesla after shareholder meeting

Subscribe ► https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 Anthony Ginsberg, managing director at GinsGlobal Index Funds, tells IGTV’s Victoria S…

 




Infrastrata makes ‘transformational’ agreement with oil and gas giant Vitol

Subscribe ► https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 Infrastrata PLC is an AIM-listed gas storage company with interests in Northern Irelan…

 

Cheer Up

Adage:

“The big difference between sex for money and sex for free is that sex for money costs less.” – Brendon Francis

Cartoon:


Image courtesy: www.forexfactory.com

Have a nice trading!




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