Month: November 2019

Macy’s Inc (M)

THIS IS NOT AN INVESTMENT ADVICE. EXERCISE DUE DILIGENCE YOUR CAPITAL IS AT RISK.

Description

Macy’s, Inc., an omnichannel retail organization, operates stores, Websites, and mobile applications. The company sells a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. As of April 1, 2019, it operated approximately 680 department stores under the Macy’s and Bloomingdale’s names; and 190 specialty stores, such as Bloomingdale’s The Outlet, Bluemercury, Macy’s Backstage, and STORY in 43 states, the District of Columbia, Guam, and Puerto Rico. It also operated macys.com, bloomingdales.com, and bluemercury.com. In addition, the company offers licenses for its stores; and operates a beauty products and spa retailer under the bluemercury name. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is based in Cincinnati, Ohio.

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BAIDU INC ( BIDU)

THIS IS NOT AN INVESTMENT ADVICE. EXERCISE DUE DILIGENCE YOUR CAPITAL IS AT RISK.

Description

Baidu, Inc. provides Internet search services in China and internationally. It operates through two segments, Baidu Core and iQIYI. The Baidu Core segment offers products for uses, including Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services through its other properties and Union partners; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Haokan, a short video app; and Quanmin, a flash video app for users to create and share short videos. It also provides Baidu Post Bar, a social media platform;

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CBS CORPORATION

THIS IS NOT AN INVESTMENT ADVICE. EXERCISE DUE DILIGENCE YOUR CAPITAL IS AT RISK.

According to wikipedia:

CBS Corporation is an American multinational media conglomerate with interests primarily in commercial broadcastingpublishing, and television production which was formed as the legal successor to the original Viacom on January 1, 2006. It is one of two companies which succeeded the original Viacom, alongside the present-day Viacom; both are controlled by National Amusements, a theater company controlled by billionaire Sumner Redstone. The spin-off was structured so that CBS Corporation would be the legal successor to the old Viacom, with the new Viacom being an entirely new company.[4]

CBS Corporation comprises the over-the-air television (CBS and The CW) broadcasting, television production and distributionpublishingpay-cablebasic cable, and recording assets that were previously owned by old Viacom. It is currently the world’s eighth largest entertainment company in terms of revenue, and is headquartered at the CBS Building in Midtown ManhattanNew York City.[5]

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NZDUSD

THIS IS NOT AN INVESTMENT ADVICE. EXERCISE DUE DILIGENCE YOUR CAPITAL IS AT RISK.

NZDUSD still in my watch lists waiting for opportunities. Current price still sitting just below the golden ratio . If the pair will gain momentum and be able to move up breaking the control area maybe a good sign of improvement, otherwise will see if it can break the darvas box and slide further. Im hoping it will move sideways and will gain strength sooner. If ever it can manage to rise, still a range trade from previous high unless favorable catalyst will be available in order to break the resistance.

UPDATE: NOV. 27, 2019

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GOLD

NOV. 24, 2019

THIS IS NOT AN INVESTMENT ADVICE. EXERCISE DUE DILIGENCE YOUR CAPITAL IS AT RISK.

Gold is sitting approximately at 50% fibo level in a downtrend. Still a bearish biased unless it can rebound in that area. Gold price already visited 1446 last Nov. 12 and it can happen once again anytime if the psychological support will be broken. As we already assumed in our previous post that gold prices will be correcting this November onwards.. If the trend will continue 1400 level is possible or below.

As a rule, when the value of the dollar increases relative to other currencies around the world, the price of gold tends to fall in U.S. dollar terms. It is because gold becomes more expensive in other currencies. As the price of any commodity moves higher, there tend to be fewer buyers, in other words, demand recedes.

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VIX -S&P 500 INDEX

NOV 22, 2019 TECHNICAL INSIGHT. THIS IS NOT AN INVESTMENT ADVICE. EXERCISE DUE DILIGENCE YOUR CAPITAL IS AT RISK.

The VIX is the ticker symbol of the Chicago Board Options Exchange market Volatility Index. It measures the implied volatility of S&P 500 index options.

Others they call it FEAR INDEX or FEAR GAUGE.

We can see and monitor it in trading view using the symbol VIX.

As you can see in the 2nd chart, when S&P 500 (orange) , when the stocks become erratic and very volatile, VIX will be increasing . Notice the drop of prices of stocks can cause the VIX to fluctuate to the highest level.

In reading VIX, for example the index is at 13% , analysts translate it annualized. So 13/12 then can be interpreted as price of stocks can be 1.08% lower or higher as an assumptions.

So if we see an uptrend and seems stable or steady VIX will be registering low level of volatility but if sudden drop or falling markets will cause the VIX to shoot up and interpreted as panic mode.

We can also interpret rising VIX or erratic movements as increased in shortselling order.

GOLD – MEDIUM TERM PERSPECTIVE

NOV. 21 , 2019

THIS IS NOT AN INVESTMENT ADVICE. EXERCISE DUE DILIGENCE. YOUR CAPITAL IS AT RISK.

Im looking in weekly chart and observing how price actions developed overtime. As to short term , mini- rally seems possible but as to medium term Im seeing a different angle. While US is stronger as to economic outlook, global markets are being rocked by US-CHINA trade war. But seems trade war is making some points to US as to protectionism policy by Donald Trump makes the US dollar stronger. Latest issue affecting the China- US relations is the approval of US senate in supporting Hongkong freedom fighters that will surely anger China and may retaliate economically,politically and maybe flex his muscles in geopolitical arena.

We only wish both giants will soon cool down but seems it will not be possible in short term, or someday they should be since as developing country like Philippines needs a stable global outlook. We cant deny that US and China caused a lot of global uncertainties due to economic sizes and “superpowers” titles.

For now, lets monitor how gold react in day to day news happening worldwide. If it can continue its rally gold investors are happy. If not then absolutely bears are rejoicing.