Heads-up News 

Tokyo Trading Session Heads Up Monday, January 7, 2019

Tokyo opening news digest

Spiros Segalas’ 5 Biggest Stock Buys Of 4th Quarter

Harbor Capital Appreciation Fund discloses portfolio update

 

Canada’s Oil Cuts Are Working, But For How Long?

Oil prices in Canada are rising due to government mandated production cuts. Premier Rachel Notley’s bold move appears to be working, but can it continue?

 

How NYC Real Estate Firm Rudin Is Using Big Data To Save The Planet

At the end of 2018, the company’s properties achieved a 44% reduction in greenhouse gas emissions, more than half of the 80% goal established under the New York City Carbon Challenge, to be met by 2050.

 

Bitcoin Poised For Further Gains After Surpassing $4,000

Bitcoin could enjoy additional gains after breaking through $4,000, according to sentiment data and technical analysis.

The cryptocurrency reached as

 

Don’t Dare Wannabe Smartest Guy In The Room

Smartest guy in the room owns bank stocks coming out of his ears. He sits, Warren Buffett, with an Apple position worth $28 billion at its high, equivalent to Berkshire Hathaway’s outsized Wells Fargo holding. Both dismal performers past six months.

 

AUD/USD 2019 Open Range Raises Risk for Larger Flash-Crash Rebound

The opening range for 2019 raises the risk for a larger rebound in AUD/USD as both price and the RSI break out of the bearish

 

Gold: Net Long Positions Continue to Decrease

Recent changes in sentiment warn that the current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.

 

Forex today: Doillar lpngs continue to get squeezed and commodity / high-beta complex benefits

Analysts at ANZ explained that markets were calmer overnight, following last week’s indication that the Fed is on hold for the time being:

“At the ti

 

GBP/USD: Brexit headlines sending the pound to fresh highs in thin trade

GBP/USD outperformed so far this week, recovering from last week’s flash crash low to find territory back towards the 1.28 handle, some 300 pips highe

 

EU and UK officials are discussing the possibility of extending Article 50 – Telegraph

Three separate EU sources confirmed that UK officials had been “putting out feelers” and “testing the waters” on an Article 50 extension, even as the

 

USD/CAD Technical Analysis: Greenback bulls will lift the market to 1.3360 figure

USD/CAD daily chart

USD/CAD is trading in a bull trend above the 100 and 200-period simple moving averages (SMAs).  
USD/CAD is having a deep pull

 




Wall Street’s benchmarks adding to the daily correction towards critical technical levels

Wall Street added to the daily correction taking form on the charts, adding another positive session on Monday as investors cheer Powell’s dovishness

 

An electronic trading veteran has a new role at MarketAxess disrupting a market going through a ‘once in a lifetime’ evolution

Chris Concannon is leaving Cboe to join MarketAxess, where he will serve as president and COO.

 

Lawyers voice concerns about the potential for deleted information as rapper Azealia Banks gets pulled into a lawsuit against Elon Musk

The battle to subpoena Azealia Banks in a lawsuit against Elon Musk and Tesla is heating up.

 

China’s best hope is that Trump, Wall Street, and the whole world are willing to play pretend

China’s economy is showing signs of extreme stress, and not just because of President Donald Trump’s trade war.

 

Iconic hedge-fund billionaire Seth Klarman could have lost nearly $300 million on an ill-timed bet on PG&E (PCG) | Markets Insider

Iconic hedge-fund billionaire Seth Klarman’s Baupost Group loaded up on 14,479,790 shares of PG&E, California’s biggest utility provider, in the third…

 

Biopharmaceutical Alector files for IPO

Alector Inc. alec a San Francisco-based clinical stage biopharmaceutical company, is seeking to raise millions in funds via an initial public offering

 

EUR/USD and GBP/USD Forecast January 8, 2018

The Euro rallied significantly on Monday, as we are starting to see more of a “risk on” attitude to the markets, especially as Jerome Powell suggested that p…

 

USD/JPY and AUD/USD Forecast January 8, 2018

The US dollar initially fell during the trading session on Monday but turned around of form a bit of a hammer. It looks as if we are going to bounce from the…

 

Cheer Up

Adage:

Price is gonna do whatever price is gonna do … no matter how many indicators you have on your chart.

Cartoon:


Image courtesy: www.profitf.com

Have a nice trading!




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