Forex News 24 |
- Healthcare and Insurance Trends: 2 Hot Stocks to Buy
- One Reason to Watch for a VIX Spike
- Nasdaq Today: Should We Fade the Fade?
- Dow Jones Today: DOW Trade News Was Certainly Sold
- BITCOIN to break below $10,000 again? July 1, 2019
- 3 Gold Mining Stocks Help You Dig Up Profits
- Volatility Swoons as Risk Assets Rejoice Trump-Xi G20 Meeting
- Both NIO Stock and the EV Market Have Credibility Problems
- 4 Top Stock Trades for Tuesday: MU, BA, IBM and COTY
- Monday Apple Rumors: Apple Holding Live Concerts in Stores
| Healthcare and Insurance Trends: 2 Hot Stocks to Buy Posted: 01 Jul 2019 03:04 PM PDT Hits: 8 When it comes to making great investments, few stocks can match the power of "inevitables."  "Inevitables" is a concept popularized by legendary investor Warren Buffett. It's his term for big companies that dominate their industries. The companies have such well entrenched and well defended spots in the marketplace that their continued success and customer loyalty is virtually inevitable. This makes inevitables excellent long-term investments that allow you to make big money while still sleeping well at night. In 1996, Buffett specifically pointed out Coca-Cola's extremely strong position in the beverage industry … and how it would enable the company to prosper for generations. As you can imagine, Buffett loves to own inevitables. He's been a big shareholder in The Coca-Cola Company (NYSE:KO) for decades … and made billions of dollars doing it. I like to take Buffett's concept a little further. I love to invest in massive business trends that are so entrenched … have such bright futures … and such strong future demand, that strong growth is virtually guaranteed. That's why I believe investing in specific trends in the healthcare and insurance industries are great financial decisions right now. Let me explain. Investing in Your Health We know that there will always be growth in the healthcare sector. However, the biggest growth opportunities within the sector can vary. After doing extensive research, I know just where to invest now: home healthcare. In 2018, the global home healthcare growth market was worth $205.78 billion. And according to Adroit Market Research, that market should more than double to $641.10 billion by 2025. This will be due in part to patients with chronic diseases, rising disposable income, greater awareness for lifestyle disorders and technological developments. The elderly population will drive a lot of this growth. As of 2017, it accounted for nearly 13% of the global population, and it is expected to grow about 3% annually. Given this growth, now is the time to invest in the home healthcare stocks, and I believe I have found the one. It has been around for more than 20 years, it's seen triple-digit earnings growth, and it has reported over $2 billion in revenue. In addition, it holds the coveted A-rating in Portfolio Grader. That means it is a screaming buy right now. My stock pick is an under-the-radar name that is well-positioned to profit off of the home healthcare trend as it continues to expand. I just recommended this stock in my Breakthrough Stocks service, and I've got the full details waiting there for you now. Click here to learn more and sign on to get this stock pick today. The Importance of Insurance As important as it is to manage risk when investing, we need to manage risk outside of the stock market, too. This is where insurance comes in. It is an effective way to manage risk for things like healthcare, automobiles, life and even our pets. Within this space, I am most interested in specialty insurance. This is insurance that can be purchased for items that are special or unique. These policies are important for items that are not usually covered under other insurance policies, like a classic car or a boat. According to iCrowdNewswire, in 2018, the global specialty insurance market was at $220 million. By 2025, it should hit $310 million. Because it's a smaller market, the key for big profits is to find the player with the biggest reach. And I found just that player. This company has business across the entire United States, and has seen big growth. Its earnings are up in the triple-digits, and its sales have been very strong, too. It also holds an A-rating in Portfolio Grader, and based on company management's projections for the next quarter, I expect this stock to be a strong performer going forward. I just issued a recommendation for the name in my Breakthrough Stocks service, so make sure to sign up now for all the details. You don't want to miss out on this opportunity. Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. Can you get rich from fx trading? 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| One Reason to Watch for a VIX Spike Posted: 01 Jul 2019 02:49 PM PDT Hits: 9 The S&P hit a record intraday peak
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| Nasdaq Today: Should We Fade the Fade? Posted: 01 Jul 2019 02:43 PM PDT Hits: 9 When the futures market opened to big gains on Sunday evening, there were a number of traders saying they planned to fade the open on Monday. Or at the very least, take profits in a number of long positions. Given how many people seemed to be on the fade trade, I thought it was possible that we didn't get that move in the Nasdaq today.  Source: Shutterstock However, that's exactly what we got. The markets still logged solid gains, but we simply came into the open way too hot. Some were caught short or in a risk-off position coming into Monday which drew in initial buyers. But those who were long coming into Monday used the Nasdaq's early gains of almost 2% as an opportune time to hit the exits, particularly with the S&P 500 hitting new highs. To be fair, the Nasdaq did press above that 8,100 resistance level we mapped out on Friday. With a last-hour rally, buyers looked like they might recapture the mark. Even though bulls couldn't muster the strength, investors got off to a good start in the second half of 2019. It will be interesting to see if we run to new highs ahead of earnings, or chop/pullback into the quarterly results later this month.
Winners in the Nasdaq TodayEarnings season will pick back up in a few weeks, but until then, the news cycle may be a bit quiet. Monday's exception? Huawei. The Chinese technology company was essentially blacklisted from the U.S., with American firms banned from shipping components to the company. Huawei has been suffering a massive financial burden due to trade war, but others have felt the pain too. Specifically, Broadcom (NASDAQ:AVGO), Micron (NASDAQ:MU) and Qualcomm (NASDAQ:QCOM) have all been struggling as a result. Many were expecting a trade truce between President Trump and President Xi this weekend and that's exactly what we got. Not many thought Trump would lift the ban on supplies to Huawei though. That gave a big boost to these companies and deservedly so — they were suffering notable losses as a result of this lost business. MU logged 4% gains (and here's how to trade it, by the way) as did AVGO. Qualcomm gave up most of its gains, but still notched 1.9% in gains on the day. For the most part, chips and semi stocks did well on the day. Also no surprise is that Chinese stocks did pretty well on Monday. Alibaba (NYSE:BABA) jumped 3.3%, JD.com (NASDAQ:JD) climbed 3% and Baozun (NASDAQ:BZUN) ripped 7.5%. Huya (NYSE:HUYA), Baidu (NASDAQ:BIDU) and even Nio (NASDAQ:NIO) climbed on the day as well. You can tell these stocks are itching to rip if and when we get a trade deal. Large cap tech also did well. MAANG — Microsoft (NASDAQ:MSFT) Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), Netflix (NASDAQ:NFLX) and Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) — all logged nice gains on the day too. And no, that wasn't a typo with the "F" from FANG. Let's use it to transition to the next group… Losers in the Nasdaq TodayFacebook (NASDAQ:FB) ended flat on the day, which is pitiful in the face of an otherwise solid day for its peers. It joins other large cap tech stocks like Intel (NASDAQ:INTC) and Cisco Systems (NASDAQ:CSCO), which also majorly underperformed on the day. InvestorPlace readers shouldn't be surprised by the weakness in INTC or CSCO though, given that it was emphasized last week. While Snap (NYSE:SNAP) and Twitter (NYSE:TWTR) had good days, Pinterest (NYSE:PINS) did not, falling about 2%. While other recent IPOs have done well, this one continues to struggle when it comes to finding any upside momentum. Uber (NYSE:UBER), another recent IPO, finally looked like it was breaking on Friday. In fact, it did breakout. But closing below $45 does not bode well for short-term bulls. If it can reclaim the $45 IPO price, perhaps it can make a run to its current highs near $47. Otherwise, investors should wait on Uber. Zoom Video (NASDAQ:ZM) took a tumble on Monday, falling almost 3% after it was downgraded by analysts at Goldman Sachs. They cut the stock from neutral to sell and assigned a $66 price target. Even after Monday's decline, it still implies over 20% downside. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long http://platform.twitter.com/widgets.js Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? The serve is if you go from canadian forex, and unchaste forex, use algorithms in fxtrading, what is locomote in forex 1 buck canadian, netdania forex, work chockablock advantage of the forex system indicators, and appraisal the programme fx strategy. We testament succeed win all.  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Dow Jones Today: DOW Trade News Was Certainly Sold Posted: 01 Jul 2019 02:21 PM PDT Hits: 10 The old Wall Street saying "buy the rumor, sell the news" was in full effect Monday. Following news released over the weekend that the U.S. and China are willing to restart trade talks, accompanied by some encouraging tweets from President Donald Trump to that effect, the major U.S. equity benchmarks opened significantly higher Monday.  Source: Shutterstock Holding those big gains was a different story as the Nasdaq Composite and the S&P 500 closed higher by 1.06% and 0.77%. The Dow Jones Industrial Average started the week to the upside by 0.44%. In late trading, about two-thirds of the Dow's 30 members were higher, but that group did not include, perhaps surprisingly, all of the Dow's technology components. Technology, the largest sector weight in the S&P 500, has been an epicenter for tariff talks. It is widely expected the group will rally if US-China trade hostilities ease. President Trump cleared the way for Huawei, the controversial Chinese telecommunications company, to resume purchases of products from U.S. technology firms, as long as those goods are not related to national security. Even with that news, however, Dow semiconductor name Intel (NADSAQ:INTC) closed up just 0.38% today. Trade Talk Winners in the Dow Jones TodayWhile there were some obvious disappointments today–we're looking at you, Intel–many of the Dow's best performers were names with high tariff sensitivity. Prime example: Apple (NASDAQ:AAPL), which added 1.83% to rank as one of the Dow's best-performing components today. That's a good start to the third quarter, a period in which the iPhone maker historically delivers for investors, but some analysts are cautious. "Bank of America Merrill Lynch analyst Wamsi Mohan on Monday reiterated his Buy rating for Apple stock, but he's becoming more cautious over the smartphone maker's app store sales in China," reports Barron's. "Mohan cited third-party data on app store sales which implied Apple China app store sales growth went from 23% year-over-year in April, to 19% in May, and 5% in June." Another Dow winner on Monday was Coca-Cola (NYSE:KO), which added 1.34% after an arbitrator ruled the world's largest soft drink maker can sell its own energy drink. That ruling could jeopardize Coca-Cola's partnership with Monster Beverage (NASDAQ:MNST), a stock that found a way to close higher today, too. "An arbitration tribunal ruled on June 28 that Coca-Cola Energy did not violate the non-compete clause in the company's contract with Monster," reports The Atlanta Business Chronicle. "According to the ruling, Coke can continue to sell the drink in the markets it has already launched in and can expand to other markets as it sees fit." JPMorgan Chase (NYSE:JPM) was another Dow leader today, likely a symptom of what we noted here last Friday. The bank has impressive plans to return major amounts of capital to shareholders via an increased dividend and bigger-than-expected share buyback effort. Dow (NYSE:DOW), the only chemicals name in the Dow Jones Industrial Average (and a somewhat tariff-sensitive name at that), added 1.72% today and has recently been showing some signs of life. Read an article from last week about why the stock is inexpensive and may not be that way for long. Bottom Line: Shifting Focus?Following the G-20 summit, it is important for all investors to realize what happened. Simply put, two bickering sides said they are going to talk on cordial terms. What comes of those negotiations remains to be seen. The U.S.-China relationship is one with long-term implications and the U.S. deficit with China of $420 billion (in 2018) will not be erased overnight. Trade issues with China are not put to bed, but with the trade meeting over, market participants will be looking elsewhere for catalysts. Second-quarter earnings will be one of the catalysts, but how negative or positive is yet to be determined. "Heading into the end of the second quarter, 113 S&P 500 companies have issued EPS guidance for the quarter," said FactSet. "Of these 113 companies, 87 have issued negative EPS guidance and 26 companies have issued positive EPS guidance. The number of companies issuing negative EPS for Q2 is above the five-year average of 74." Todd Shriber does not own any of the aforementioned securities. Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? 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| BITCOIN to break below $10,000 again? July 1, 2019 Posted: 01 Jul 2019 02:20 PM PDT Hits: 18 Bitcoin gained bearish momentum which pushed the price to the level below $10,500. The price may decline towards the psychological area of $10,000 in the short term. The Bitcoin market has been stronger than ever, but its price is following the bearish bias inside the long-awaited correction. At the weekend, the market siggested the scenario that the bulls could push the price higher. However, those thoughts have been ditched today as markets continue to dump. The BTC has shed over 10% in last 24 hours as the crypto markets shrank $25 billion recently. The weekly closing candle also indicates that further losses could be imminent as indecision between bulls and bears could signal a short-term trend reversal. Bitcoin is currently trading in range between $10,000 and $14,000 over the next couple of weeks. The biggest targets of $20,000 and $25,000 may be reached quite faster than previous times. A little sideways action may not be a bad thing for Bitcoin. It would allow more accumulation and may give some of the altcoins time to wake from their long hibernation. To sum it up, most analysts share the viewpoint that Bitcoin is making a correctional decline which might lead to further indecision. Though the price is currently trading above $10,000 under a strong bullish bias market sentiment, the ongoing bearish pressure is now stronger in comparison to previous retracements. As the price remains above $10,000, it is expected to bounce back towards $14,000 and later towards $15,000 and then $20,000 or so. Nevertheless, before pushing higher under such impulsive pressure, certain correction and volatility is imminent for BTC in the nearest days. SUPPORT: 9,800, 10,000 RESISTANCE: 10,500, 11,000, 12,000 BIAS: BULLISH MOMENTUM: VOLATILE The material has been provided by InstaForex Company – www.instaforex.com Can you get moneyed from fx trading? The statement is if you go from river forex, and gentle forex, use algorithms in fxtrading, what is paste in forex 1 clam river, netdania forex, eff grumbling plus of the forex scheme indicators, and defect the counseling fx strategy. We module win win all.  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 3 Gold Mining Stocks Help You Dig Up Profits Posted: 01 Jul 2019 01:58 PM PDT Hits: 8 Gold finally has its shine back. Yes, some folks may have abandoned gold in favor of digital gold — bitcoin has surged several hundred percent recently. But the world's favorite precious metal is sparkling again too. Recently, the price of gold topped $1,400/oz, marking its highest level in more than five years. Gold's move has come with surprising speed as well, it's up nearly 10% over the past month. Not surprisingly, with gold surging, investors are starting to come back to a long dormant group of companies: mining stocks. Now, to be fair, most of these gold stocks are rightly ignored. As the famous adage goes, a gold mine is a hole in the ground with a liar at the top. That's true of far too many small prospecting companies. Incredibly, over the past 10 years, even with the price of gold up overall, mining stocks have gotten wrecked. The main sector ETF, VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) has lost nearly half its value over the past decade. Meanwhile, the more speculative smaller gold companies fund, VanEck Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ) has lost a catastrophic 67% of its value. Again, that's during a time when the price of gold went up on net, and stocks in general soared. That means that it is most important to stick to quality operations when picking your gold stocks. Unlike many sectors, mediocrity generally isn't enough to drive positive performance in gold, even if the overall conditions are relatively decent. With all that in mind, what should you buy and what should avoid as gold stocks take off again? Barrick Gold (GOLD) Source: ©iStock.com/TomasSereda One good rule for buying into an unloved sector is to buy one of the industry leaders, as long as it has a decent balance sheet. Newmont (NYSE:NEM) has been in a terrible funk since it made its questionable purchase of Goldcorp. Newmont stock has barely moved since the gold stock rally got going. That leaves Barrick Gold (NYSE:GOLD) as the next best option. With its $30 billion market cap and operations spanning many countries, Barrick is one of the world's leading diversified miners. In fact, by at least one metric, Barrick is the world's powerhouse gold mining firm. It has five of the world's ten Tier 1 mines — defined as a mine that produces 500,000 ounces or more per year, has 10+ years of reserves left, and operates at or below the median global cost of mining. This huge number of long-life world class assets ensures the Barrick is here to stay. Regardless of where the price of gold goes, Barrick will be mining lots of gold — profitably — for many years to come. The company has a lot to offer investors in 2019 specifically, as well. In its first quarter, for example, Barrick showed nice leverage to the price of gold despite it having lower-cost mining operations. For the quarter, Barrick managed to boost cash from operations 27% while doubling earnings as gold production rose 8%. That's some solid results. At $16/share, GOLD stock is still well short of the $22 level it hit in 2016 on the last wave of gold stocks momentum. If gold can keep its momentum, GOLD stock should be able to revisit $22 in a hurry. Gold Stocks To Buy: Franco-Nevada (FNV)  Source: Shutterstock Buying industry leaders is a good way to catch a sector as it comes out of a long slumber. However, thinking back to how poorly mining stocks in general have performed, there's another important thing to consider. That's the different between gold streaming stocks and gold mining stocks. The gold streamers act as a sort of specialty finance shop, lending money to the mining companies, and getting a cut of ensuing gold production at a (usually) fixed price. The gold streamers take on significant risks including gold price variation, delays in production, and bankruptcy of the counterparty mining firm. In return, however, the gold streamers tend to earn fat returns. Over the past decade, while mining stocks as a group lost half their value or more, streamers prospered. For example, Franco-Nevada (NYSE:FNV) quadrupled, and rival streamer Royal Gold (NASDAQ:RGLD) soared 150% over the past 10 year period while mining stocks plummeted. Franco-Nevada specifically, over the years, has built a huge pool of streaming assets across gold and other things. Last year, it sold nearly 350,000 ounces of gold, along with nearly 100,000 gold equivalent ounces of other metals including silver and platinum. For the year, it produced $139 million in net income off of $653 million in revenue, generating a robust profit margin. It also pays a modest dividend to shareholders — a rarity in the gold stocks industry — to reward its owners. Gold Stocks To Buy: Sandstorm Gold (SAND) Source: Shutterstock While Barrick Gold and Franco-Nevada will offer big upside if and when gold stocks rally more, the list wouldn't be complete without at least one potential home run pick. Enter Sandstorm Gold (NYSEAMERICAN:SAND). While the ticker may be SAND, Sandstorm is much more precious than that. The company is attractive because it is a small streaming company with several big deals in the pipeline. At the moment, it has streams on 22 operating assets, which, at a gold price of just $1,300/oz throw off more than $60 million a year in cash flow. By 2022, as new contracted assets come into play, Sandstorm's cash flow is projected to double to around $130 million per year — again using that conservative $1,300/oz gold price number. Now, consider that Sandstorm's market cap is just $1 billion. That's something like just 7x cash flow once its new mine streams come online. Now factor it significantly higher gold prices and things get even more exciting. SAND stock is already up 50% since its November low. It could run a lot more than that if and when the gold stocks rally kicks it into next gear. At the time of this writing, Ian Bezek owned SAND and FNV stock. You can reach him on Twitter at @irbezek. Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? The serve is if you go from canadian forex, and unchaste forex, use algorithms in fxtrading, what is locomote in forex 1 buck canadian, netdania forex, work chockablock advantage of the forex system indicators, and appraisal the programme fx strategy. 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| Volatility Swoons as Risk Assets Rejoice Trump-Xi G20 Meeting Posted: 01 Jul 2019 01:43 PM PDT Hits: 12 US CHINA TRADE DEAL HOPES CRUSHES VOLATILITY ACROSS ASSETS
Volatility measures are plummeting for several asset classes such as US and EM equity markets, oil and gold prices, as well as for currencies and US10YR Treasuries. The sharp move lower in volatility comes in response to risk assets rising substantially on the back of positive developments out of the G20 Summit in Osaka, Japan over the weekend. The most prominent headline was US President Trump and Chinese President Xi deciding to scale back an escalating trade war between their two countries which comprise roughly 40 percent of global GDP. VOLATILITY CHART OVERLAY OF GOLD, OIL, S&P 500, US TREASURIES, FOREX, EMERGING MARKETS: DAILY TIME FRAME (NOVEMBER 15, 2018 TO JULY 1, 2019)The recent downshift in cross-asset volatility was initially sparked by hopes that central banks like the Federal Reserve (Fed) will cut interests rates to juice the economy to prevent further deterioration in already-weakening economic data. The recent spike lower looks like it could extend further as markets continue to digest more positive US China trade war rhetoric while Fed capitulation remains likely. GOLD PRICE (XAUUSD) AND GOLD VOLATILITY (GVZ) CHART: DAILY TIME FRAME (NOVEMBER 15, 2018 TO JULY 01, 2019)
Spot gold was hit hard in particular immediately following the G20 Summit with XAUUSD dropping a whopping 1.61 percent as of mid-day Monday. Gold bears seized today's risk-on mood as the commodity begins to show loss of appeal due to lack of safe-haven demand. Gold price volatility – as measured by Cboe's GVZ Gold Volatility Index – similarly swooned as the latest lack of market uncertainty looks to keep demand for gold subdued. Seeing the incredibly-strong correlation between gold volatility and spot gold prices, XAUUSD risks further weakness ahead. This is further suggested by a stark change in XAUUSD retail trader positioning with an increase in net-short positioning combining with a decrease in net-longs according to the latest IG Client Sentiment report. US DOLLAR INDEX (DXY) AND US10YR TREASURY VOLATILITY (TYVIX) CHART: DAILY TIME FRAME (NOVEMBER 15, 2018 TO JULY 01, 2019)
The US Dollar has witnessed a strong rebound higher so far post-G20 Summit. A plausible explanation could be that the US economy may not experience as many headwinds owing to the latest deceleration in trade tensions with China. With an apparent ceasefire on the US China trade war, however, there may be reduced pressure on the Fed to cut rates later this month. This has led to a repricing in the US Treasury market with interest rates on US debt climbing higher while investors flock away from the safety of bonds. The correlation between the US Dollar Index (DXY) and Cboe's US10YR Treasury Volatility Index (TYVIX) could return to its generally-inverse relationship as US interest rates rebound and thus poses a material upside risk to the greenback. S&P 500 INDEX (SPX) AND US STOCK MARKET VOLATILITY (VIX) CHART: DAILY TIME FRAME (NOVEMBER 15, 2018 TO JULY 01, 2019)
Traders' favorite gauge of volatility – Cboe's VIX Index – also plunged as risk assets like stocks celebrate the upbeat news out of the G20 Summit. In fact, the S&P 500 leapt to a fresh record high propelled by the latest influx of risk appetite. Although, it is worth noting that investor complacency is a major threat to the global stock market. If central banks refuse to capitulate to the lofty rate cut bets currency priced in by traders, equities risk experiencing pain ahead which could send volatility snapping back. Moreover, a sharp rise in VIX could send a 'volatility shockwave' across asset classes with a hawkish Fed potentially serving as the catalyst. OIL PRICE (WTICOUSD) AND OIL VOLATILITY (OVX) CHART: DAILY TIME FRAME (NOVEMBER 15, 2018 TO JULY 01, 2019)
Likewise, crude prices (WTICOUSD) gained while oil volatility (OVX) extended its slide driven by comments from OPEC+ that the oil cartel and non-member countries agreed to extend production cuts in addition to the deceleration in trade war tension. The one-two punch provided crude oil bulls with positive developments for continued upward momentum which is being slightly offset by news that the European Union's INSTEX is officially online. With the rise in oil prices and decline in oil volatility, emerging markets fallout risk fades which is also implied by the steep drop in VXEEM – Cboe's Emerging Markets ETF Volatility Index. — Written by Rich Dvorak, Junior Analyst for DailyFX.com Connect with @RichDvorakFX on Twitter for real-time market insight http://platform.twitter.com/widgets.js Can you get comfortable from fx trading? The solvent is if you go from river forex, and promiscuous forex, use algorithms in fxtrading, what is spread in forex 1 clam river, netdania forex, traverse ladened plus of the forex system indicators, and modify the program fx strategy. We testament win win all.  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Both NIO Stock and the EV Market Have Credibility Problems Posted: 01 Jul 2019 01:36 PM PDT Hits: 6 Stakeholders of Nio (NYSE:NIO) are not having a good time this year. Since the start of January, Nio stock price dipped into crisis territory at a few ticks above $2.50. Mathematically, we're talking about a more than 58% loss at this year's halfway marker.  Source: Shutterstock The situation could get worse for Nio because the electric-vehicle maker's flagship SUV, the ES8, has a serious defect: its catching on fire. Specifically, NIO claims that these explosive incidents are battery-related. For the past few months, multiple reports surfaced. One ES8 began emitting smoke, while another burst into flames. As a precaution, the automaker issued a recall affecting 4,800 units of the ES8. On a side note, I think we should give credit to NIO here. Many car companies, including General Motors (NYSE:GM) and Toyota (NYSE:TM) have lagged in their response to their respective product defects. Will this overture to consumer safety help lift the Nio stock price from the doldrums? I have my doubts. EVs Are Supposed to Be More ReliableA big reason why I'm skeptical about a straightforward recovery for NIO stock is credibility. Simply put, "regular" cars with internal combustion engines (ICE) have it, and EVs aren't quite there yet. Of course, it's an unfair comparison. ICE have been around practically forever. On the other hand, EVs have started to work their way into mainstream acceptance. Undoubtedly, the platform represents the fastest-growing automotive segment. Nevertheless, doubters remain. Because as much hype as EVs often receive, integration into the ICE-dominated world is a factually daunting task. When you count all the sales figures, EVs in the U.S. represent a very small market. Therefore, this clean-energy platform must consistently make convincing steps forward. What just happened with NIO and Tesla (NASDAQ:TSLA), which also incurred a battery-smoking incident, are huge steps backward. And in theory, EVs are supposed to be more reliable than their traditional fossil-fueled counterparts. The latter has thousands of moving parts, while EVs have only about 20. You don't have to be an automotive engineer to deduct the obvious: fewer moving parts, less chance of things going wrong. Yet here we are. Adding to concerns about the Chinese automaker and Tesla, German luxury brand Audi — owned by Volkswagen (OTCMKTS:VLKAF) — will recall 540 units of its first battery-powered SUV. Although drivers have reported no fires, Audi is taking a proactive approach due to potential fire risks. This really takes the shine off Nio stock. Yes, the battery-related fires aren't limited to the Chinese automaker, but that doesn't help their cause. EVs have a big disadvantage to ICE cars in that they must evangelize their specific products and the platform. Right now, every EV venture is selling a rough message. Idealism Meets Reality for Nio StockPrior to Tesla CEO Elon Musk's many controversies, I was a huge fan of him and his organization. I still respect Musk's innovative mind. However, he really started to lose the plot with various unforced errors. Looking back on it, you can argue that arrogance undid Tesla. Musk thought he was above the law, and that audacity caught up to him. It's this same arrogance that underlines the EV market. For example, Forbes' contributor Tom Raftery envisions a future where ICE drivers will be regarded as the automotive equivalent of smokers. College professors and rabbis stress the moral principles of EV driving as well. While I respect their position, I think it's a tad too aggressive to invoke a superiority complex onto EVs. This platform, as the red ink in the NIO stock price demonstrates, has much to prove. Primarily, EV companies' shared idealism is running face-to-face with reality. As Quartz contributor Echo Huang argued, the push for additional range may have exacerbated recent battery fires. If so, that really puts a damper on NIO stock because improved range represents a big selling point for today's EVs. It also means that EVs are consumer products available to the affluent. I don't think it's any coincidence that cheaper EVs, such as the Fiat 500e and the Hyundai IONIQ Electric, typically have shorter range than the expensive Tesla Model S P100DL. To bridge this gap, manufacturers are competing vigorously to improve battery capacity. But this competitive surge is apparently putting drivers' lives and property at risk. How is that a moral argument favoring NIO stock and the EV industry? Overwhelming Fundamental Headwinds Plague NIOThe best EV automakers have their work cut out for them. I believe that's one of the reasons why established names haven't invested quite as much into EVs until recently. But for an upstart like Nio, I'm not liking what I'm seeing. To effectively address the growing challenges in this industry requires capital expenditures. A quick look at the company's financials tells you all you need to know. They're just not in a position to respond. Admittedly, the NIO stock price now is very attractive and it's not unreasonable to expect a dead-cat bounce from these levels. However, I'd caution anyone considering this move to only view it as a short-term gamble. This is a distressed name on so many levels. As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? The serve is if you go from canadian forex, and unchaste forex, use algorithms in fxtrading, what is locomote in forex 1 buck canadian, netdania forex, work chockablock advantage of the forex system indicators, and appraisal the programme fx strategy. We testament succeed win all.  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 4 Top Stock Trades for Tuesday: MU, BA, IBM and COTY Posted: 01 Jul 2019 01:15 PM PDT Hits: 19 The stock markets got off to an explosive start on Monday, ripping higher as investors read about a so-called trade truce between the U.S. and China and as oil prices rallied yet again. The indices logged decent gains, but individual stocks faded hard off the open. It was discouraging for bulls to say the least. Top Stock Trades for Tomorrow #1: Micron
Micron (NASDAQ:MU) was among those early-morning winners. While shares pulled back off the highs, they were still up more than 3% on the day. Plus, the stock is toting a massive four-day gain of almost 20%. So what now? On the initial post-earnings rally, shares gapped up and closed just under the 50-day moving average. The next session carried it through the 50-day, but stalled at the 200-day. The next day, MU closed above the 200-day. The volume has been strong on this run too, making it even more encouraging. Ideally for bulls, MU stock will be able to hold up over its 200-day moving average. If it can't though, holding above the 50-day is important. It's not that the 50-day carries more significance than the 200-day — although based on the last year of price action mapped out above, one could certainly make that case — but because of another consideration. The 50% retracement from the stock's pre-earnings close to the post-earnings high sits at $37.15, not far above the 50-day. Below that and we'll need to see if $36 acts as support. Top Stock Trades for Tomorrow #2: Boeing
Of all the stocks that caught a lift on Monday, Boeing (NYSE:BA) was not one of them. The stock started off underwater on the day and kept on sinking. The fall dropped BA stock below the vital $360 mark. Not only was this prior range resistance turned support, but it also stood as support after the 737 Max news broke. Making matters worse, all of Boeing's major moving averages are within $1 to $2 of $360. Now below it, it's possible this level serves as resistance on a possible rebound. It also opens up the possibility of a decline down to the May/June support area, around $337 to $340. Top Stock Trades for Tomorrow #3: International Business Machines
I'm not a big fan of IBM the company, but if the stock can pullback to the $136 area and hold up, it may be an attractive long. It would also be an attractive long candidate on a breakout over resistance. Monday's highs would be a good place to start for those looking for a long trigger for a breakout trade. Top Stock Trades for Tomorrow #4: Coty
Shares of Coty (NYSE:COTY) are getting crushed Monday, falling more than 15% after announcing its turnaround plans. In doing so, it's bringing Coty stock back to familiar territory. $10.50 was a notable level of support from February through April. Just below at $10.29 is the 200-day moving average. Coty is too volatile for me, but on a deeper decline into potential support, aggressive bulls may try to take a flyer on this one where the risk is at least defined. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. http://platform.twitter.com/widgets.js Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? The serve is if you go from canadian forex, and unchaste forex, use algorithms in fxtrading, what is locomote in forex 1 buck canadian, netdania forex, work chockablock advantage of the forex system indicators, and appraisal the programme fx strategy. We testament succeed win all.  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monday Apple Rumors: Apple Holding Live Concerts in Stores Posted: 01 Jul 2019 12:49 PM PDT Hits: 15 Leading the Apple (NASDAQ:AAPL) rumor mill today is news of live concerts at its retail locations. Today, we'll look at that and other Apple Rumors for Wednesday.
Indie Labels: Apple Music is partially responsible for the rise in indie record labels, AppleInsider notes. A recent report says that Music, as well as other streaming services, are allowing listeners to discover more indie bands. This is good news for these bands and that's also good news for the indie labels that have them signed on. A survey of more than 2,000 indie labels saw 85% saying they are optimistic about the future. iPhone Render: Another iPhone render shows us a square camera bump, reports 9to5mac. It doesn't come as much of a surprise this time around. There have been plenty of other leaks and renders that all point toward this change. It may not look the best, but here's hoping that AAPL fans will be happy with the change. As of this writing, William White did not hold a position in any of the aforementioned securities. Article printed from InvestorPlace Media, https://investorplace.com/2019/07/apple-holding-live-concerts-in-stores/. ©2019 InvestorPlace Media, LLC Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? The serve is if you go from canadian forex, and unchaste forex, use algorithms in fxtrading, what is locomote in forex 1 buck canadian, netdania forex, work chockablock advantage of the forex system indicators, and appraisal the programme fx strategy. We testament succeed win all.  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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