Like And Subscribe For More Loud House! Intro Made By SLY Loud For 2018---------------------------------------------------------------------------------------------------------- ?-?TheLynnster: https://www.youtube.com/channel/UCiif...?-?Lola Loud: https://www.youtube.com/channel/UC1Pq...?-?LunaLoudVEVO: https://www.youtube.com/user/ZacharyG...?-?LoudTV: https://www.youtube.com/channel/UCxUZ... ---...Read More
(Adds context, detail from PBOC release)BEIJING, Dec 30 (Reuters) - China's central bank said it will gradually raise the reserve funds ratio of third-party payment firms to 50 percent by April 2018 from a current rate of 20 percent, as it continues to ramp up regulation of the industry. The bank will increase the rate by 10 percentage points a month from February to April, it said in a statement...Read More
BEIJING, Dec 30 (Reuters) - China's central bank said it will gradually raise the reserve funds ratio of third-party payment firms to 50 percent by April 2018 from a current rate of 20 percent. The bank will increase the rate by 10 percentage points a month from February to April, it said in a statement released on its website on Friday evening. It said the move will reduce seasonal risks around C...Read More
TOKYO, Dec 30 (Reuters) - Japan's top government spokesman said it was too early for the country's central bank to exit from ultra-loose monetary policy, the Nikkei newspaper reported on Saturday."The Bank of Japan has just started (its easy monetary policy), so it's too early" to debate an exit from its massive stimulus programme, Chief Cabinet Secretary Yoshihide Suga told the paper in...Read More
BEIJING, Dec 30 (Reuters) - China's securities regulator has approved three initial public offerings to raise a total of up to one billion yuan ($153.70 million), the official Xinhua news agency reported on Saturday.Two of the approved IPOs will be listed on the Shanghai Stock Exchange and one will be listed on the ChiNext at the Shenzhen Stock Exchange, said Xinhua, citing the China Securities Re...Read More
The Dow Jones Industrial Average (DJIA) closed lower today, yet still finished 2017 on a high note by securing monthly and quarterly wins. For the year, the Dow tacked on 25% on its way to 71 record closes and its ninth straight month in the black -- the longest monthly winning streak in 60 years. Both the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) also faltered in thin trading today. How...Read More
The consolidation pattern in the $90-$95 area over the past three months by drug stock AbbVie (ABBV) appears very similar to that of June through July (in the $70-$75 area), which was followed by a rapid 30% rally.Reasons to believe the most recent consolidation has been completed include: support that manifested at the 50-day moving average on a pullback earlier this month; ongoing "micro-moves"...Read More
Stocks are trading mixed during the last trading day of the year. A few names making big moves are tech issue Energous Corp (NASDAQ:WATT), biotech Atara Biotherapeutics Inc (NASDAQ:ATRA), and bank stock Goldman Sachs Group Inc (NYSE:GS). Let's see what's moving shares of WATT, ATRA, and GS. WATT Stock Honeymoon Comes to an EndAfter two gigantic up days, Energous stock is trading 15.2% lower at $...Read More
Today we are taking a closer look at volatility -- specifically, what it means when there is an abundance or lack of volatility, as well as the two primary types of volatility each options trader must know. In the simplest terms, volatility is defined as the propensity of the underlying stock's market price to change in either direction... but there's much more to the topic than that. Below, we wi...Read More
by @GoldfingerEarlier in the week I wrote about one of my main themes for 2018, a rising inflation/interest rate environment. In this post I will lay out which sector I believe will do well against a backdrop of rising inflation and rising bond yields (including offering some stock picks), and I will also specify which sectors and asset classes you will want to avoid in 2018. Let's start with wh...Read More
Vehicle components supplier BorgWarner Inc. (NYSE:BWA) this morning received a price-target hike to $52 from $48 at Evercore ISI. However, the shares were last seen trading 1.6% lower at $51.27, and are set to snap a three-month win streak after pulling back from their Nov. 30 record high of $55.86. However, data suggests this recent weakness could be an opportunity to catch long-term outperformer...Read More
Despite its forays into bitcoin, payments platform Square Inc (NYSE:SQ) has struggled to translate that buzz into stock momentum. Still, Square shares have added 154% in 2017, even though they're down 2% today to trade at $34.42. The SQ pullback could be a buying opportunity, however, as it's now within one standard deviation of the 80-day moving average, a trendline that has offered support si...Read More
(Adds details, quotes, context)MOSCOW, Dec 29 (Reuters) - Russian coal and steel producer Mechel said on Friday that talks with banks on restructuring a $1 billion syndicated loan had concluded successfully.Mechel, which is controlled by businessman Igor Zyuzin and came close to bankruptcy last year, had circulated the final draft of a restructuring proposal among its creditors last week. It need...Read More
It's been a banner year for the U.S. stock market, even as the American social and political climates swirled with controversy. The major market indexes rallied to record highs amid the lowest volatility in years, and a strengthening economy triggered a trio of Fed rate hikes. So-called "FAANG" stocks and bitcoin were all the rage, and the CBOE Volatility Index (VIX) -- or Wall Street's "fear gaug...Read More
* LME/ShFE arb: * Market looking at potential for 2018 supply disruptions* Rising China aluminium stocks suggest surplus* Zinc builds on 2016 gains, analysts see higher 2018 levels (Adds closing prices)By Pratima DesaiLONDON, Dec 29 (Reuters) - China's war on polluting industries, its supply reforms and robust demand growth have this year combined to create a bonanza for copper and aluminium whic...Read More
U.S. stocks are trading lower at midday, quickly reversing early gains. More specifically, the Dow can accredit most of its losses to Goldman Sachs (GS) and Apple (AAPL) stocks, the latter of which is lower after the company apologized for slowing older iPhones. The major market indexes are still pacing for their best year since 2013, however, with the Dow eyeing its longest monthly win streak in...Read More
Online streaming subscription service Netflix, Inc. (NASDAQ:NFLX) is making headlines today after the company revealed in an SEC filing yesterday evening that it will be increasing compensation for its top executives in 2018, after the new tax law goes into effect. With NFLX no longer able to take advantage of deductions for performance-based bonuses, many C-suite members are getting a boost to th...Read More
If there's any stock that needs a fresh start in 2018, its Chipotle Mexican Grill, Inc. (NYSE:CMG). For the past couple of years, the burrito chain has been battling constant backlash to a string of foodborne illness issues in its restaurants. Analysts are chiming in today, with Cowen and Company reiterating its "underperform" rating on CMG stock, and predicting lackluster fourth-quarter sales.Cow...Read More
President Trump is going after Amazon.com, Inc. (NASDAQ:AMZN) once again. The President this morning tweeted that the United States Postal Service should be charging Amazon more to deliver packages to help address the "billions of dollars a year" it's losing. In response, AMZN shares have dipped 0.6% at the open to trade at $1,179.33. - Donald J. Trump (@realDonaldTrump) December 29, 2017Of cours...Read More
Gold futures jumped on Friday, aiming for their seventh-straight positive session, and hurdling toward a nearly three-month high to wrap up the final trading day of 2017-a year in which the yellow metal will book a roughly 13% gain. February gold GCG8, +0.61% the most active contract on Comex, rose $8, or 0.6%, to $1,305.30 an ounce, retaking the psychologically significant level of $1,300, appro...Read More