Anthony Kennedy

@akperspectives

Ex Trader, Investor, Principal of a Palm Beaches-based Family Office. Cybersecurity | Market Trading | Startups

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Oil Price Jumps (Market Trading)


Oil prices increased on Wednesday, following comments from the OPEC Secretary-General that an option for OPEC and its allies is to implement deeper cuts in output to support the market. Keeping a lid on prices, the International Monetary Fund on Tuesday said that a prolonged trade war between Washington and Beijing would cut 2019 global growth and consequently impact oil demand. US crude oil jumped as much as 1.5% to $53.66 per barrel while Brent crude added nearly 1.4% to $59.65 per barrel, around 12:15 PM NY time.

Wall Street Lower as Earnings Roll In (Market Trading)

Trading on Wall Street finished in the red on Wednesday as investors digested corporate earnings. Weak retail sales released earlier in the day kept stocks lower following an earnings-driven rally in the previous session. The Dow Jones declined 0.07%, the S&P 500 lost 0.29%, while the Nasdaq 100 fell 0.19%.

Startups in Mexico Keeping Low Profile for Safety (Startups)

* Some go about their daily lives with bodyguards, bullet-proof cars and panic buttons. The approach is a stark contrast to Silicon Valley. 



U.S. Stocks End Higher as Earnings Season Starts (Market Trading)


Markets in the United States ended Tuesday's session with strong gains as investors digested an array of corporate earnings, including reports from major banks, and awaited United Airlines' results due after the bell.

The Dow Jones Industrial Average rose 0.89%. UnitedHealth and JPMorgan led the gains as their shares soared 8.22% and 3.03%, respectively, on better-than-expected earnings.

The Nasdaq 100 jumped 1.28% with Nvidia soaring 5.28%. The S&P 500 climbed 0.99%.

The euro added 0.06% against the dollar to sell for 1.10326 at 4:01 pm ET and the pound rallied 1.36% compared to the US currency to go for 1.27782 at 4:02 pm ET on hopes the United Kingdom and the European Union will reach a Brexit deal.

Wall Street Opens Higher (Market Trading)


Wall Street stock markets were in the green at the start of the trading session on Tuesday following mostly positive reports on third quarter results from American banks. Chinese Foreign Ministry spokesperson Geng Shuang stated earlier today that Beijing and Washington have the same perspective regarding the partial trade agreement they reached late last week.

The Dow Jones Industrial Average index jumped 0.37% at the open. United Health Group Inc., which reported revenue growth of 7% earlier today, was 5.54% higher at 9:38 am ET and led the gains.

The Nasdaq 100 added 0.31% at 9:30 am ET with Nvidia as its best performer, surging 2.8% concurrently.

The S&P 500 climbed 0.34% in the first minute of trading as First Republic Bank increased the most, 5.11% at 9:39 am ET.

The euro was 0.25% lower to trade at $1.09983 at 9:29 am ET, while the pound rose by 0.26%, going for $1.26394 at the same time.

Stocks Were on Hold due to U.S. - China Trade Deal (Market Trading)

*Will be looking forward to 3rd Qtr earnings.

Enough is Enough! The latest on the deadly police shooting in Ft. Worth, TX

* Say her name! Atatiana Jefferson! Senselessly murdered by Ft. Worth Police 

China already ordering US food products: Trump (Market Trading)

Customers from the most populous nation have begun fulfilling the quotas agreed at bilateral negotiations in Washington this week, United States President Donald Trump said on Sunday. In a Twitter post from his personal account, he seemingly claimed other terms from what he has called a deal "in principle" are being met even before the arrangement is formally adopted

Baldr: The malware video gamers dread (Cybersecurity)

*Excellent interview with Sophos a UK cybersecurity firm 

Source: Reuters

Senator proposes mandatory labeling for products with mics, cameras (Cybersecurity)

Source: arstechnica.com

Economic Events for the Week of October 14, 2019 (Market Trading)


US will be publishing retail sales, industrial output and housing data. Elsewhere important releases include: UK unemployment, wage growth, inflation and retail sales; Eurozone trade balance and industrial production; Germany ZEW Economic Sentiment; China Q3 GDP growth, trade figures, industrial output, consumer inflation and retail sales; and South Korea interest rate decision. Investors will also react to RBA and RBI meeting minutes.

In the US, retail sales are seen rising for the seventh straight month in September, while industrial output is forecast to fall from a year high as trade tensions bite. Other notable publications are housing starts and building permits, business inventories, NY Empire State Manufacturing Index, Philadelphia Fed Manufacturing Index, NAHB Housing Market Index and overall net capital flows.

In the UK, figures from the ONS are expected to show unemployment to hold steady at its lowest since 1974 and wage growth to slow down from the previous month’s 11-year high. Additionally, inflation is seen picking up from August’s 33-month low. Investors will also turn their attention to retail trade, producer prices and retail price index. Elsewhere in Europe, key economic data include: the Eurozone industrial production, alongside construction output, trade balance and September's final inflation; Germany ZEW Economic Sentiment Index and wholesale prices; Italy foreign trade and factory orders; Turkey unemployment rate, retail sales and industrial activity; and Switzerland trade balance.

All eyes are on China’s Q3 GDP growth, as forecasts point to the weakest pace of economic expansion since 1992, amid ongoing trade war with the US. The country’s trade balance will also be in the spotlight, with markets expecting a fall in both exports and imports. Other important releases include foreign direct investment, consumer and producer prices, industrial production, retail sales and fixed asset investment. Consumer prices will probably rise to an over 1-1/2-year high of 2.9 percent, while producer prices should fall further into deflation territory, reaching an over-three year low.  Meanwhile in Japan, investors will focus on consumer inflation and the final estimate of industrial production. The Reserve Bank of Australia and the Reserve Bank of India will be releasing the minutes of their last monetary policy meetings. Other key data for Australia include employment figures and Westpac leading index; while in India analysts will be waiting for consumer inflation, wholesale prices and trade balance.  

Other highlights for the Asia-Pacific region include: New Zealand services NZ PSI and Q3 consumer inflation; South Korea and Hong Kong unemployment rates; and Singapore Q3 GDP growth advance estimate. The Bank of Korea is seen holding interest rates at current levels.

The third-quarter earnings season is expected to kick off with reports from the biggest US banks. Analysts anticipate the sector’s first year-over-year earnings per share decline in three years, as falling interest rates may have pressured net interest margins. 

The US stock market will be closed on Monday for Columbus Day. 

Asia-Pacific markets mostly up (Market Trading)


Markets in the Asia-Pacific region traded mostly with gains on Friday after United States President Donald Trump said trade talks with China are "very, very good." Speaking at a rally, Trump later said that China complimented the US on its "truly great economy." According to the White House schedule, the US president is set to meet the head of China's trade delegation to Washington DC, Vice Premier Liu He, on Friday afternoon.

The Shanghai Composite rose 0.13% at 4:30 am CET and the Shezhen Composite lost 0.23% at 4:32 am CET. The Hang Seng jumped 1.43% at 4:34 am CET.

Japan's Nikkei 225 rose 0.96% at 4:35 am CET.

The South Korean Kospi Composite increased by 0.89% at 4:35 am CET while Austrialia's S&P/ASX 200 gained 0.67% at 4:36 am CET.

The dollar was flat against the yen, declining 0.03% to 107.9455 at 4:37 am CET.

U.S. Stocks Extend Gains (Market Trading)


*Markets are receiving trade talks well

Wall Street closed in the green on Thursday, as trade negotiations between the US and China are resuming for the first time since July. In a tweet, President Trump called it a “big day” and announces he would meet with Chinese Vice Premier Liu He at the White House on Friday. Meanwhile, Bloomberg News reported the US is considering suspending a tariff increase in exchange for a currency pact and the NYT reported intentions to allow the sale of some supplies to Huawei. Aside from trade talks, Netflix shares rallied nearly 5% on Thursday after Goldman Sachs reiterated its Buy rating on the stock, saying the company has a successful track record of dealing with competition. The Dow Jones climbed 151 points or 0.6%. The S&P 500 jumped 19 points or 0.6%. The Nasdaq gained 47 points or 0.6%.

Political Campaigns Know Where You’ve Been. They’re Tracking Your Phone. (Cybersecurity)


*Voter targeting has grown more invasive with location data that apps can transmit from cellphones

Source: WSJ

European Shares Up on Trade Deal (Market Trading)


European stocks finished in the green on Thursday, tracking gains on Wall Street, after US President Trump said in a tweet that he will meet with Chinese Vice Premier Liu He at the White House on Friday, rising hopes of a trade deal. Negotiations between Beijing and Washington are due to recommence later on Thursday. Back in the UK, a joint statement saying “The Prime Minister (Johnson) and Taoiseach (Varadkar) have had a detailed and constructive discussion. Both continue to believe that a deal is in everybody’s interest. They agreed that they could see a pathway to a possible deal”, lifted investors’ mood. The DAX 30 increased 70 points, or 0.6% to 12,164; the FTSE 100 rose 20 points, or 0.3% to 7,186; the CAC 40 jumped 70 points, or 1.3% to 5,569; the IBEX 35 gained 113 points, or 1.3% to 9,104; and the FTSE MIB advanced 223 points, or 1% to 21,756.

WTI (Market Trading)


* Watching oil markets today...

U.S. Inflation Rate Holds Steady (Market Trading)


The US annual inflation rate was unchanged at 1.7 percent in September 2019, slightly below market consensus of 1.8 percent, as a pick up in food inflation was offset by a further decline in energy prices. 

Twitter Misused Private Data (Cybersecurity)


* Its so important to be mindful and aware or your data. The average person, most of the time have no knowledge of the value of their thoughts, ideas and habits that are attractive to the likes of $FB, $TWTR, or $GOOG

Source: Private Data

U.S. Stocks Tumble (Market Trading)


* Led by Financials

Wall Street closed in the red, as optimism of a terse trade war resolution faded. On Tuesday, a Chinese newspaper reported that the country is toning down its expectations ahead of the new negotiations round in Washington set to start Thursday, saying that Vice Premier Liu He will not carry a “special envoy” title, signalling low commitment. Investors also await possible Chinese retaliation following Monday’s blacklist expansion. On the macro front, US producer prices booked the biggest decline in 8 months in September, making more room for further monetary easing. On the corporate side, shares of semiconductors on Tuesday led by Nvidia, as trade tensions and weak global demand took a toll. The Dow Jones retreated 313 points or 1.2%. The S&P 500 shed 46 points or 1.6%. The Nasdaq lost 133 points or 1.7%.

BrainCheck just raised $8 million (Startups)

Source: BrainCheck raises $8M