Heads-up News 

Sydney Trading Session Heads Up Tuesday, December 3, 2019

Sydney opening news digest

A Few Timeless Nuggets Of Wisdom For Individual Investors

Timeless advice for retail investors The stock market is trading near all time high.


Does The Deflationary Dream Bail Us Out?

Maybe. Lemme take you back to 1986 when the Big Board was delivering zippy 30 and 40-point up and down days. Spot prices for oil had collapsed to a sawbuck per barrel and year-over-year had snuffed out any inflation left in the system.


Soft Brexit On Track; Tory Win Likely Though Election Uncertainty Remains High

Despite substantial uncertainty surrounding the 12 December UK election, GeoQuant maintains its longstanding call that a soft (planned) Brexit is likely, as reflected in relatively low Institutional Stability Risk.


Dollar General Stock Flashing ‘Buy’ Signal Ahead of Earnings

Dollar General could revisit record highs going into 2020


Investors Flocking To Government Tech Plays

M&A activity has been especially strong for service businesses centered around the government procurement supply chain, according to industry experts.


Earnings Preview: What To Expect From Slack On Wednesday

Slack Technologies, Inc., is scheduled to report earnings after Wednesday’s close. The stock hit a record high of $42/share when it started trading in 2019 and is currently trading near $22/share.


Earnings Preview: What To Expect From Ulta Beauty On Thursday

Ulta Beauty, Inc., is scheduled to report earnings after Thursday’s close. The stock hit a record high of $368.83/share in 2019 and is currently trading near $234/share.


Cisco: The Next IBM?

Cisco’s ‘song’ has begun to sound like IBM’s recently.


Target & Walmart Vs Amazon: Who Will Win The Holiday Season?

Amazon is best positioned to be the winner of this year’s holiday shopping season.


After 2 Years Of Decline, What Could Drive A $3 Billion Jump In Barrick Gold’s Revenue?

Barrick Gold (NYSE: GOLD) saw its total revenues decline by $1.32 billion in the last two years, from $8.56 billion in 2016 to $7.24 billion in 2018. Lower revenues were driven by lower gold and copper shipments due to divestments and lower grades. However, the trend is expected to reverse…


Attention Online Shoppers: DTC And E-Commerce Dominate Holidays

This year’s Black Friday and Cyber Monday shopping figures appear to confirm it: consumers aren’t as psyched to be cattle-penned through brick-and-mortar retail stores and malls as they are to drop a few thousand bucks from the comfort of their couch on this year’s holiday shopping.


Can Johnson & Johnson’s Stelara Become Number 2 Drug In Crohn’s Disease Market?

Johnson & Johnson’s(NYSE:JNJ) Stelara could become the #2 drug in the Crohn’s Disease market over the next few years. Crohn’s Disease causes inflammation of the digestive tract. J&J’s top selling drugs in this therapeutic area are Remicade and Stelara. AbbVie’s Humira is the leader in this market…


When It Comes To The World Of Wine, The Future Is Flat

A new design for wine bottles could save space, cut delivery costs and reduce the hospitality industry’s carbon footprint.


Trump Comments On Possible Trade Deal Delay Ratchet Up Market Jitters

Investors have turned more pessimistic about a trade deal this morning after Trump voices support for signing a deal after 2020 election.


Why Did R&D Jump 2x In 4 Years For Intuitive Surgical?

Intuitive Surgical’s (NASDAQ: ISRG) research and development (R&D) expenses jumped 2x from $197 million in 2015 to $418 million in 2018, due to its new devices development initiatives, including da Vinci Single Port Surgical System and robotic-assisted catheter-based medical devices…


Only One Sector Has A Rising ROIC

The core fundamentals of businesses are declining in nearly every sector. 10 out of 11 sectors have declining returns on invested capital.


Cyber Monday 2019 By The Numbers: A Record $9.4 Billion Haul

Topline: With the busy holiday shopping season well under way, Cyber Monday raked in a new record of more than $9 billion in sales, marking the first


Medtronic Spending Less On Building, And More On Selling?

Medtronic (NYSE: MDT) spends more money on selling, and less on building. In fact, the company’s selling, general & administrative expenses (SG&A) were 40% of its total expenditure in 2018. This compares with 35% of total expenses on cost of goods sold, and a mere 9% on research & development…


Trade Worries Will Continue To Pressure The U.S. Equity Market

Because tariffs are levied on individual goods and there are many exemptions, it is difficult to compare harmonized rates across geographies.


How To Trade The ‘Dogs Of the Dow’ In December

The eight “Dogs of the Dow” for 2019 have an aggregate year-to-date gain of 9.2% at the end of November.


If $1.6 Trillion Of Student Loan Debt Is Forgiven, This Is What Happens

What happens if all $1.6 trillion of student loan debt is forgiven?


Baidu’s Core Advertising Segment Contributes 30%, 50% or 70% Of Its Stock?

Baidu (NASDAQ: BIDU) makes money through advertising and content subscription services (similar to Netflix). The company also has other developing avenues of revenue generation such as cloud and autonomous driving. Baidu is China’s leading search engine, with alternatives being Google China, Bing…


The First Trust Large Cap Value AlphaDEX Fund ETF’s Underlying Holdings Could Mean 11% Gain Potential

For the First Trust Large Cap Value AlphaDEX Fund ETF (FTA), we found that the implied analyst target price for the ETF based upon its underlying holdings is $60.81 per unit.


Trump Revs Trade Wars By Targeting France, The EU And South America

Markets have responded negatively to Trump’s trade actions.


What Two Centuries Of Data Tell Us About Investing

As factor investing propagates, new analysis from Robeco Institutional Asset Management based on two centuries of data sheds light on its performance.


The Bond Market Might Be Totally Wrong About Recession

It was sort of right about Germany. Macquarie, Columbia Threadneedle, think the bond market’s wrong on the U.S. for 2020.


Identifying Key Factors Responsible For The 25% Jump In DaVita’s Stock This Month

DaVita Inc.(NYSE: DVA) is a medical services company providing kidney dialysis services to patients in the United States as well as internationally. The company’s stock price rallied 25% in the last month primarily on account of strong Q3 results…


This Artificial Economic Boom Is Coming To An End

Once the Great Reset is over, we’ll find a much better world waiting for us. Getting there will be the hard part.


NATO: An Advantageous Alliance Or Unworthy Union?

The value of the alliance has recently been bought into question and the NATO summit to commemorate the 70th anniversary held in the U. K. on December 3 and 4 will see the future of military spending and cooperation at the heart of the agenda.


DAX 30, CAC 40, FTSE 100 Outlooks Cling to Support as Bears Emerge

A deterioration in the US-China trade war has sparked an adverse reaction in the major European stock indices as each forfeited a month’s worth of gains in just three days.


Euro Price Outlook: EUR/USD Surges Towards Fibonacci Resistance

Euro has surged nearly 1% off the November lows with the rally now targeting initial resistance hurdles. Here are the levels that matter on the EUR/USD weekly chart.


China Makes a Bet Against the US Dollar as World Reserve Currency

There’s a significant reason why China has been issuing debt denominated in US Dollars.


British Pound Back to the Big Figure 1.3000: GBP/USD Price Outlook

GBP/USD is in the process of trying to break-out to fresh six-month-highs, testing above the critical psychological level of 1.3000.


Positive Market Sentiment Drains Away | Webinar

Comments by President Donald Trump that a US-China trade deal may have to wait until after the US Presidential Election in November 2020 have dented trader sentiment.


US Dollar, EUR/USD, GBP/USD & More: Technical Outlook

In today’s session, we discussed the outlook for USD as it presses down towards support; the Euro and Sterling look to try and gain further ground in days ahead.


AUD/USD hold sin bullish territory, awaiting Aussie GDP

Risk assets were under pressure again as trade uncertainty ripped through markets although the Aussie maintained most of its post RBA event form, desp


Forex Today: the trade war overshadows it all

Here is what you need to know Wednesday, November 4th: Risk aversion continued to lead financial markets. Equities plummeted with Wall Street sufferin


US Dollar Index Technical Analysis: Risk-off keeps investors away from the greenback

DXY (US Dollar Index) is trading in a bull trend just above the 200-day simple moving averages (DMA). However, the market is becoming increasingly weak and vu


RBNZ officials crossed the wires – LiveSquawk

The Reserve Bank of New Zealand heads, as reported by LiveSquawk, had been commenting on the New Zealand economy and interest rates a little earlier R


EUR/USD hits fresh highs but remains limited under 1.1100

The EUR/USD pair printed a fresh weekly higher during the American session at 1.1092 but quickly pulled back under 1.1090. Near the end of the session


Silver rises to the vicinity of a 38.2% Fibo target in risk-off markets

Silver prices have been capped just ahead of a key technical area of resistance marked out by the prior November swing highs and a 38.2% Fibonacci ret


USD/JPY extends slide to the 108.50 area, heads for lowest close in two weeks

The USD/JPY stabilized around the 108.50 area after falling almost a hundred pips during the last two trading days. The bais still point to the downsi


US VP Pence: Trump will continue to make clear that China must open up its market

US Vice President Pence has been crossing the wires and said that the US President Trump will not allow China to take advantages of united states. Key


United States API Weekly Crude Oil Stock remains unchanged at 3.639M in November 29

United States API Weekly Crude Oil Stock remains unchanged at 3.639M in November 29


Delegates: OPEC+ committee didn’t discuss deeper output cuts

The OPEC+ committee didn’t discuss deeper output cuts according to delegates. WTI is jumped to print fresh highs of $56.78 on the headline. More to co


US House democrats release report laying out case for Trump’s impeachment – RTRS

US House Democrats leading the impeachment inquiry into Donald Trump have put out their report detailing the case against the Republican president, sa


EUR/JPY Technical Analysis: The top is confirmed below the 121.00 handle

EUR/JPY is trading in a downtrend below the 200-day simple moving average (DMA). However, the spot has been in consolidation below the 121.00 handle in the la


Kamala Harris drops out out of presidential race – Politico

Politico reports that Kamala Harris is dropping out of the presidential race, she told staff on a call Tuesday stating that she will release a video m


ECB’s Coeure: Euro area needs a common fiscal instrument

The European Central Bank’s Coeure has crossed the wires with statements made in a speech on ‘The Single Currency: An Unfinished Agenda’. Key notes Wo


EUR/USD Technical Analysis: Euro clings to eight-day’s highs, 1.1093 resistance stays in focus

EUR/USD on the daily chart is trading in a bear trend below its 200-day simple moving average (DMA). However, at the start very start of the week, the market h


United States 52-Week Bill Auction fell from previous 1.565% to 1.525%

United States 52-Week Bill Auction fell from previous 1.565% to 1.525%


YouGov Poll For Sky News/Times: Tories lead by 9% vs Labour

The Prime Minister Boris Johnson’s Conservative Party has maintained its nine-point lead ahead of Britain’s Dec. 12 election, according to an opinion


USD/CAD: Greater downside risks emerge for the loonie – MUFG

Analysts at MUFG Bank revised to the downside the forecasts for the Canadian dollar. They see USD/CAD at 1.3400 during the first quarter of next year


USD/CHF drops to four-week lows, approaches critical support

The USD/CHF has continuously been falling since yesterday and during today’s American session, the negative momentum continued to prevail. Recently it


Gold Technical Analysis: XAU/USD challenges the 1480 resistance near three-week’s highs

Gold is reversing up from the November lows while breaking the 1465 resistance level. It is now nearing the 50 and 100-day simple moving averages (SMAs).


USD/INR Technical Analysis: Can the buyers revisit the 72.30 level ?

USD/INR is trading in a bull trend above the main daily simple moving averages (DMAs). The market created a bull flag in November and now the price is consolid


Denmark Currency Reserves dipped from previous 442.7B to 440.7B in November

Denmark Currency Reserves dipped from previous 442.7B to 440.7B in November


Markets roil, gold surge amid reports that US will move forward with more Chinese tariffs

Fox News is reporting that the US administration is still on course to slap China with new tariffs on December 15. According to the report, that is th


CFTC: USD net longs slipped for an eighth consecutive week – Rabobank

Expectations that a phase 1 trade deal between the US and China could be close to being achieved coupled with another Fed rate cut in October have…


United States ISM-NY Business Conditions Index above expectations (44.7) in November: Actual (50.4)

United States ISM-NY Business Conditions Index above expectations (44.7) in November: Actual (50.4)


USD/JPY Technical Analysis: Greenback falls below the 109.00 handle against yen

USD/JPY is easing from the November highs while trading below the 109.00 handle and the 200-day simple moving average (DMA) on the daily chart. Risk-off is hu


The Fed could reduce rates further in Q12020 – UOB

Lee Sue Ann, Economist at UOB Group gave her views on the upcoming Fed event. Key Quotes “The FOMC cut its policy Fed Funds Target Rate (FFTR) by 25bp


New Zealand GDT Price Index below forecasts (0.5%): Actual (-0.5%)

New Zealand GDT Price Index below forecasts (0.5%): Actual (-0.5%)


US Dollar Index remains depressed near 97.70

The greenback stays on the defensive so far on Tuesday and is challenging the area of 3-week lows near 97.70 when tracked by the US Dollar Index (DXY)


EUR/USD Technical Analysis: Euro remains bid, approaching 1.1093 resistance

EUR/USD on the daily chart is trading in a downtrend below the 200-day simple moving average (DMA). However, this Monday, the spot had a strong reversal up ab


AFLAC Drops After Investors Presentation Crossing Wall Street

The market is down again today thanks to trade tensions with China. Yesterday, the S&P 500 had its worst day in nearly two months. In fact, the loss w


Salesforce edges past Wall Street’s revenue target

Salesforce just reported its Q3 2020 earnings and beat analyst estimates for earning but was roughly in line with expectations for revenue.


Wine, cheese, makeup, and handbags: Here are all of the French products the Trump administration could hit with tariffs of up to 100% | Markets Insider

The Trump administration has threatened to hit France with steep retaliatory tariffs on dozens of its products.The move would likely raise t…


Here are the 10 top retailers that investors are betting against as the holiday shopping season ramps up | Markets Insider

After Black Friday and Cyber Monday kicked off the holiday shopping season, investors are betting against a number of key retailers, data fr…


Trump’s demands for NATO is a ‘very rough way to play,’ a former top commander of the alliance says

“I’m going to be discussing that today, and it’s a very interesting question, isn’t it,” Trump said to reporters about the possibility on Tuesday.


The Chicago real estate market is even worse than Hong Kong’s, new data shows | Markets Insider

Chicago’s commercial real estate values posted the worst performance of all major cities in 2019, The Wall Street Journal reported, even falling…


Negative headlines about Facebook won’t slow down anytime soon — but that won’t stop the stock from surging 17% over the next year, analyst says | Markets Insider

Facebook has been the subject of countless negative headlines this year relating to its approach to political advertising, monitoring of hate sp…


Amazon finally makes its long-awaited AWS Outposts product generally available, and it’s following in Microsoft and Google’s footsteps

Amazon first launched AWS Outposts at AWS re:Invent last year. It’s a hybrid cloud, similar to Google Cloud’s Anthos and Microsoft Azure Stack.


Here’s why one Wall Street firm thinks ‘must-own’ Tesla will surge 25% over the next year (TSLA) | Markets Insider

Tesla is a ‘must-own stock’ in the transportation sector, according to a Monday note by Alexander Potter of Piper Jaffray.  Potter increase…


A real-estate mogul who owns more than 1,000 units shares the 5-part checklist that helps him make the right investment ’90-plus percent of the time’

Neal Bawa, the CEO of Grocapitus and MultifamilyU, says investors need to focus more on data and less on speculation.


Amazon’s cloud boss mocked IBM and Oracle at its big conference with a clever picture showing Amazon Prime shipping boxes

At AWS re:Invent, CEO Andy Jassy showed a slide featuring Amazon Prime boxes and an IBM mainframe as he spoke about moving applications to the cloud.


Roku has a new biggest bull on Wall Street, who says the stock could surge 47% — and shares are spiking (ROKU) | Markets Insider

Roku gained its biggest Wall Street bull yet when Laura Martin of Needham increased her price target to $200 on Tuesday, a 47% upside from Monda…


Commerce Secretary Wilbur Ross supports delaying a trade deal until after the 2020 election, saying it eliminates an advantage for China | Markets Insider

Pushing a US-China trade deal past the 2020 presidential election takes away some of China’s leverage, Commerce Secretary Wilbur Ross told CNBC …


An election win for Sanders, Warren, or Buttigieg could tank the stock market by 50%, hedge-fund boss says | Markets Insider

The stock market could plunge by 30% to 50% if Bernie Sanders, Elizabeth Warren, or Pete Buttigieg are elected president next year, Virtus Capit…


Proposed Trump administration rules could throw 3.7 million people off food stamps, new study says

The rules could throw 3.7 million people off the SNAP program and slash benefits for millions more, according to a new study.


Trump plans to move forward with more China tariffs this month, report says | Markets Insider

President Donald Trump could still extend punitive tariffs to virtually all imports from China this month. Previous media reports indicated tho…


‘Short selling should be illegal’ – Elon Musk praised a crackdown on shorts by the world’s biggest pension fund | Markets Insider

Elon Musk took aim at short-sellers once again in a tweet praising the world’s biggest pension fund for cracking down on shorts. ‘Bravo, right t…


Uber’s former CEO Travis Kalanick cashes in another $93 million in stock as he separates himself further from the rideshare giant | Markets Insider

Former Uber CEO Travis Kalanick continued his ongoing share sell-off into December, cashing in more than $93 million after selling the company’s…


Bridgewater co-CEO Eileen Murray is leaving the $160 billion hedge fund | Markets Insider

Bridgewater Associates co-CEO Eileen Murray is leaving the $160 billion hedge fund, according a press release published Tuesday.  Murray wi…


Ray Dalio’s top fund is having a rough year — and now one of Asia’s biggest lenders is telling clients to pull their money out | Markets Insider

Ray Dalio, who runs the world’s largest hedge fund, Bridgewater Associates, is losing investors in Asia after a major bank advised its clients t…


China warns it could soon blacklist select US companies as the global trade war flares | Markets Insider

China-backed media outlet Global Times tweeted early Tuesday that the government will soon release a blacklist of US companies, a move that coul…


Zscaler stock falls after earnings beat

Zscaler Inc. shares fell more than 5% in the extended session Tuesday after the company beat the consensus estimates for earnings and revenue. The software…


Dow ends around 280 points lower, as stocks trim losses in late trade

Stocks ended with losses Tuesday but off session lows, trimming the sharp decline that followed remarks by President Donald Trump indicating a U.S.-China…


U.S. oil futures up a second straight session

U.S. benchmark oil futures settled higher for a second straight session on Tuesday as traders weighed the possibility that the Organization of the Petroleum…


Aslan Pharmaceuticals stock plunges after stock offering prices at a 52% discount

The U.S.-listed shares of Aslan Pharmaceuticals Ltd. plunged 47% in active afternoon trading on Tuesday, after the Singapore-based biotechnology company’s…


Democrats’ impeachment report says evidence of Trump’s misconduct is ‘overwhelming’

House Democrats on Tuesday released a 300-page report detailing what they said is “overwhelming and uncontested” evidence that President Donald…


Kamala Harris drops out of race for Democratic presidential nomination

Sen. Kamala Harris suspended her campaign for the Democratic presidential nomination on Tuesday, she said in an email to supporters. “My campaign for…


Boston Beer’s stock rallies after UBS turns bullish, on upbeat outlook Truly hard-seltzer brand

Shares of Boston Beer Co. rallied 1.3%, to buck the sharp selloff in the broader stock market, after UBS analyst Sean King turned bullish on the alcoholic…


FedEx’s stock falls to lead Dow transports losers

Shares of FedEx Corp. slumped 3.7% in midday trading, enough to lead the losers in the Dow Jones Transportation Average and to put them on track for a third…


Financial stocks sink as tariff fears send Treasury yields tumbling the most in over 3 years

Financial stocks suffered a broad selloff in morning trading Tuesday, as trade-war fears sent the 10-year Treasury yield toward the biggest decline in over…


Stock market’s selloff showing no signs of panic

Despite the sharp selloff in the major stock market indexes, market breadth readings suggest investors are acting calmly, and may even viewing the weakness…


Ross says Trump feels no time pressure to complete China deal

Commerce Secretary Wilbur Ross on Tuesday said President Donald Trump is “serious” when he said trade talks with China may last past the 2020…


Roku stock bounces after Needham gets more upbeat

Roku Inc. shares are up 6% in Tuesday morning trading after Needham analyst Laura Martin raised her price target on the stock to $200 from $150. The new…


Trump says France digital tax dispute is minor, could be resolved

President Donald Trump on Tuesday called a dispute over a French tax on digital services “minor” and said it could be worked out. The Trump…


Toyota North America posts ‘best-ever’ November vehicle sales, stock gains

Toyota Motor Corp. said its North America division had its “best-ever” November as sales for the month rose 9.2% from a year ago to 207,857…


Stocks open sharply lower as Trump floats trade deal delay

U.S. stocks lurched lower at the open Tuesday after President Donald Trump said he might decide to wait until after the 2020 election to strike a trade deal…


Delta Air’s November load factor falls as seat supply growth outpaces demand; stock drops

Shares of Delta Air Lines Inc. fell 1.3% in premarket trading Tuesday, after the air carrier reported a decline in November load factor, as growth in seat…


Netflix’s stock takes a hit after Citigroup lowers rating, slashed price target

Shares of Netflix Inc. sank 2.3% in premarket trading Tuesday, after Citigroup changed the analyst covering the streaming video company, who subsequently…


DarioHealth’s shares jump on Walmart partnership news

Shares of DarioHealth Corp. jumped 103% as it announced that Walmart would sell DarioHealth’s digital diabetes management system online. The company has…


Tesla price target hiked at Piper Jaffray: ‘It’s hard to find a more impactful disrupter than Tesla’

Piper Jaffray analyst Alexander Potter increased his price target on Tesla Inc. shares to $423 from $372 late Monday, writing that “it’s hard to find a…


Astellas bets $3 billion in gene therapy deal

Shares of Astellas Pharma Inc. rose about 1% in premarket trading after the Japanese drugmaker said Monday evening that it plans to acquire Audentes…


E.l.f. Beauty shares under pressure as Marathon Partners urges company to sell itself

Shares of low-cost cosmetics company E.l.f. Beuty Inc. slid 1.4% in premarket trade Tuesday, after investment company Marathon Partners urged the company to…


US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/CHF

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US Dollar, EUR/USD, GBP/USD & More: Technical Outlook

In today’s session, we discussed the outlook for USD as it presses down towards support; the Euro and Sterling look to try and gain further ground in days ah…


Positive Stock Market Sentiment Drains Away | Webinar

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WTI Crude Oil and Natural Gas Forecast December 4, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…


S&P 500 and NASDAQ 100 Forecast December 4, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…


Gold Forecast December 4, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…


USD/JPY and AUD/USD Forecast December 4, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…


USD/ZAR Forecast December 4, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…


EUR/USD and GBP/USD Forecast December 4, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…


Trump tariffs begin to spook European markets

Subscribe ► https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 With the US now having re-established steel tariffs in South America, the threat to im…


Cheer Up


Q: How do you know when job market is getting worse?
A: People forced to work for peanuts, can’t even do that!


Image courtesy: www.forexfactory.com

Have a nice trading!

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