Tesla Stock Jump 17% Pre-Market After The Company Reported Delivery Number Near To Wall Street Expectation

Tesla Inc. said late Thursday it delivered 88400 vehicles in the first quarter a performance the company called its best ever first quarter and a number only a tad below Wall Street expectations.Tesla TSLA shares rallied more than 17% in the extended session Thursday after ending the regular trading day down 5.6%.Analysts surveyed by FactSet on average expected the company to deliver 89000 vehicles in the first quarter including 75700 Model 3 massmarket sedans.The company said that [read more]

How To Trade Alibaba On UGAM MT4 And Opening An Trading Account With UGAM

Buy Alibaba (BABA) stock on ugamAlibaba is a Chinabased tech company thats best known for its operations in the ecommerce sector. However Alibaba is also involved in the electronic payments cloud computing and search engine sectors. Alibaba was founded in 1999 by Jack Ma who was the wealthiest individual in China as of March 2020. In 2019 the company had over 100000 employees and generated more than $55 billion in revenues. Alibaba went public in 2014 and the companys shares are traded on the New York Stock Exchange under the ticker BABA as well as on the [read more]

Gold Price Technical Outlook

Gold prices on Wednesday clawed back from a steep fall in the previous session as the U.S. dollar eased following the Federal Reserves latest stimulus boost the coronavirus pandemic sharply slowing global growth. The Fed on Tuesday broadened the ability of dozens of foreign central banks to access U.S. dollars during the coronavirus crisis by allowing them to exchange their holdings of U.S. Treasury securities for overnight dollar loans.Spot gold was up 0.4% at $1584.83 per ounce having slumped 3.1% in the previous session. U.S. gold futures slipped 0.3% to $1591.30.Denting sentiment further [read more]

Microsoft Ended Q1 Higher As Most Stocks Finished Lower

Microsoft closed the years first quarter in the black while the other techs stock followed the broader market selloff due to impacts from COVID19. Microsoft stock closed up by a razorthin .00006% in the past three months according to FactSet. The historic market volatility however caused their tech peers to close in the red for the past three months. The Company has spent the last quarter warning about the impacts the deadly coronavirus pandemic will have on operations. Microsoft said last month it didnt expect to reach its quarterly revenue target for the [read more]

Is Microsoft (MSFT) A Buy Now?

One strategy that is highly applicable now on the stockmarket drop due to the coronavirus pandemic is to look at bluechip stocks that have outperformed the stock market.Bluechips have the advantage of solid balance sheets and wellrun established businesses that arent going anywhere soon.The chart shows that Microsoft MSFT has done well and is barely down for the year.Can i buy MSFT nowThe best way to buy is on pullbacks into buy zones. For example Microsoft recently fell to $132.52 into [read more]

Johnson & Johnson Stock Up Almost $10 or 7.99% After The Company Found Candidate To Develop A COVID-19 Vaccine

Johnson & Johnson JNJ 7.99% poised to benefit in the coming months. Stock of Johnson & Johnson  gained ground after the company said it had identified a lead candidate in its efforts to develop a COVID19 vaccine. J&J said it plans to begin Phase 1 clinical trials of the vaccine candidate in humans in September and the investigational vaccine may be ready for emergency use authorization from the FDA by early 2021.source MarketWatch [read more]

Apple Is Down 35% From Record Highs, AAPL Is The Ultimate Buy For Those Who Can See The Opportunity.

The coronavirus pandemic has sent the market spiraling downward. The S&P 500 is already down over 30% year to date and this selloff has driven many technology stocks lower in the last month as well. Industry heavyweight Apple (NASDAQAAPL) is also down 35% from the highs it recorded in February and it now looks like a solid bet for experience investors.Even tough the coronavirus has spooked investors remember that the pandemic will most likely be a nearterm headwind. The fundamentals of this tech giant remain strong.1. A smartphone leaderIn fiscal [read more]

12 Quality Blue Chip Stocks You Can Buy Now, According To Seeking Alpha

Seeking Alpha has come out with their collection of worldclass dividends stocks at reasonable to attractive valuations.So lets rank them by return on capital and select the 12 highest.click link for full Seeking Alpha reportsource seekingalpha [read more]

Alibaba Short-Term 'Dip' Can Be A Buying Opportunity

During Thursdays Mad Money program Jim Cramer said the strong Q2 news from Micron Technology (MU) will have a ripple effect on all of the cloud stocks. He added that Alibaba Holdings (BABA) was a buy. Lets check out the  BABA charts.In this daily bar chart of BABA below we can see that prices declined from around the middle of January to the middle of March. BABA corrected about 23 of the previous advance with support developing in the middle of the JuneOctober consolidation area.The slope of the [read more]

Another Financial Institution Has Upgraded Gold Price Year End Target

Another bullish gold price update comes from TD Securities which is now projecting a move to $1800 an ounce and then a jump to $2000 near yearend. Gold prices rallied along with risk assets this week. At one point gold even neared $1700 an ounce. At the time of writing April Comex gold futures were trading at $1636.40 up 0.18% on the day. There are many drivers supporting gold at the moment and once the COVID19 outbreak peaks constructive price conditions will remain said TD Securities head of global strategy Bart [read more]