Business: Latest Financial Topics from the NASDAQ

People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. REUTERS/Suzanne Plunkett/File photo

Here is the latest Business News from the NASDAQ.

AUD/USD Minor Bounce from Support Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts Recent comments regarding AUD USD noted that “AUD USD broke .7500 and has already reached estimated support in the .70 .72 area. Watch for signs of

NZD/USD .6900 Remains a Big Level Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts Recent NZD USD comments noted that “NZD USD has broken channel support and re tested the line as resistance so focus is towards .6450.” NZD USD

USD/JPY Plunges from Former Support; Watch 107.60s Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts The last update noted that “the 105 handle is huge for USD JPY. The head and shoulders target is 115.26. The October 2014 low is 105.19

USD/CAD Pressing Highs into NFP Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts Recent comments noted that “USD CAD reversed sharply last week. The low is at (exactly at) former channel resistance, which turned into support exactly one year

USD/CHF Consolidates after Bullish Wedge Breakout Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts The last update noted that “the near term picture is unclear although weakness from the November 2015 high is still a possible wedge. A break through

Gold Conslidates at Lows Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts “Bigger picture, gold completed a diagonal pattern (wedge) the week of February 12th. The objective from the pattern is the origin of the diagonal, which is

Crude Resistance is Up to 51 or So Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts “Crude is constructive as long as price maintains the bullish structure that has defined supports since early April. The October 2015 high is at 50.88, which

American Tower (AMT): Will Organic Growth Offset Headwinds?
On Jun 2, we issued an updated research report on leading international wireless tower operator American Tower CorporationAMT . The company reported strong financial numbers in the first quarter of 2016, with both the top and bottom line beating

USDOLLAR ’Better’ Resistance is Still 12040/60s Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts The USDOLLAR index has retraced half of the January May decline. Near term pressure is higher while the index is above the 5 26 low of

Marriott (MAR) Opens AC Hotel Guadalajara & Queretaro
Marriott International, Inc.MAR recently announced the opening of AC Hotel Guadalajara Mexico and AC Hotel Queretaro Antea. While AC Hotel Guadalajara comprises 188 rooms, AC hotel Queretaro Antea consists of 175 rooms. These two new properties belong to the

Blue Coat is back; Web securities firm files for an estimated $500 million IPO
Blue Coat, a Bain Capital backed network security and optimization solutions provider, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. The deal size is likely a placeholder for an IPO

Better Buy: FireEye, Inc. vs. Check Point Software
FireEye, Inc. (NASDAQ FEYE) and Check Point Software (NASDAQ CHKP) each supply advanced appliances and software solutions in the field of cybersecurity. Check Point offers network and endpoint security and aims to “secure

Five Below Moves Above the Retail Fray
Image source Five Below. Retailers have had a tough time so far in 2016. Consumers seem reluctant to spend, even though gasoline prices remain low, and the positive impact on disposable income has

Instagram Is Borrowing Yet Another Facebook Strategy
Image source Instagram. Ever since Facebook (NASDAQ FB) purchased Instagram, the social media giant has been slowly morphing the photo and video sharing app’s business model to look more like its own.

Ciena Corporation Soars and Box Inc Slumps As Stocks Rise
Stocks opened with losses on Thursday but marched higher through the trading session to reach solid gains. The Dow Jones Industrial Average (DJINDICES DJI) rose 49 points by the closing bell, or 0.3%, and the

5 Buy-Ranked Tech Stocks Posting Huge Price Gains In May
” Sell in May and go away ” has not been the greatest move to make in 2016, especially if you’re heavily invested in tech stocks.  Indeed, the tech sector XLK yielded the highest returns out of all sectors

Why I Sold Verizon Communications Inc. But Kept AT&T Inc.
I once considered both Verizon (NYSE VZ) and AT&T (NYSE T) to be stable sources of income and solid defensive plays in tumultuous times. However, I recently decided to sell Verizon and keep AT&T, since

Under Armour Inc. Drops and Michael Kors Soars as Stocks Rise
Stocks managed the slightest of gains in their first trading session of June. On Wednesday the Dow Jones Industrial Average (DJINDICES DJI) rose by just two points to remain essentially unchanged. The S&P 500 (SNPINDEX

Google Wants You to Find Your Android Phone More Effectively
Alphabet’s (GOOGL) Google division already allows Android users to track their misplaced or stolen smartphones through both a search and by using the standalone Android Device Manager app. Today, the company is adding another method for users to check exactly

Next-generation cancer diagnosis: NantHealth prices $91 million IPO at $14 midpoint
NantHealth, which provides healthcare data solutions and plans to launch a new cancer diagnostic, raised $91 million by offering 6.5 million shares at $14, the midpoint of the range of $12.50 to $15.50. Existing shareholders, including CEO Patrick Soon Shiong

Eyes on the IPO prize: Clearside Biomedical prices upsized IPO below original range at $7
Clearside Biomedical, which is developing a combination drug device therapy for eye diseases, raised $50 million by offering 7.2 million shares at $7, as expected. The company revised the terms of the deal on Wednesday it originally planned to

8 Billionaires Just Bet on Facebook Inc. Stock
Multibillion dollar fund managers’ investment decisions aren’t always right, nor should investors blindly mirror a money manager’s trades. However, it is intriguing to monitor what the big hitters are buying or selling each quarter, which they are

Intel Corporation Buys a Computer Vision Startup to Aid Driverless Cars
Intel (NASDAQ INTC) recently  agreed to buy Itseez, a computer vision start up co founded by two of its former employees, for an undisclosed sum. Itseez develops algorithms which help automobiles “see” and avoid obstacles on

BOJ to write off government debt? Will it happen in 2 years time?
Bill Gross was on the wires last week ( Japan’s huge debt pile Bill Gross says there’s only 1 way out ) saying I think at some point, Japan will basically buy up all its

How Much Will Tesla Model 3 Supercharging End Up Costing?
Model S Supercharging. Image source Tesla. Now that we know that Tesla (NASDAQ TSLA) will indeed charge extra for Model 3 Supercharging, including both a pay per use model as well as

First Impressions of the New 365 by Whole Foods Market Inc. Concept
Image source Whole Foods Market “You should tell your work to build one of these near us.” My daughter after our visit to the new 365 store in Los Angeles My

RBNZ meet June 9 – Westpac tip an on hold decision (then cut in August)
Hot on the heels of HSBC forecast RBNZ will remain on hold at their June meetingWestpac Economics says RBNZ on hold at the June 9 meeting, but will cut the cash rate by 25bps in August

Jeff Ubben Nearly Exits Position in Adobe Systems
Jeff Ubben ( Trades , Portfolio ) of ValueAct Holdings made more transactions in the first quarter than he has made in a single quarter in a year, but more than half were reductions or divestitures of stakes in

The Sirius XM Bundle Thrives, Even as the Cable Bundle Dies
Source While streaming video options have cable TV subscribers ditching the big bundle in favor of cheaper so called skinny bundles, Sirius XM Holdings (NASDAQ SIRI) keeps attracting new users to

How LinkedIn Is Able to Consistently Increase Pricing
Image source LinkedIn. Pricing power is one of the strongest indicators that a company has an economic moat. If prices increase, and demand remains relatively stable, it’s a sure fire way to ensure

Foreign ETFs Bumped Up In NorthCoast Retirement Portfolios In May
NorthCoast Asset Management added investments in emerging market and Canadian ETFs to its retirement portfolios in May. The increased weightings came amid an upswing in oil prices . During the month, the firm continued to keep

Close Update: US Stocks Edge Higher Ahead of Payrolls Data
The main stock markets in the U.S. gained on Wednesday, with all three benchmarks just managing to pull ahead as the Nasdaq Composite closed at the highest level since April 18 and the Dow Jones Industrial Average reversed earlier

3 mREITs to Add to Your Portfolio on Positive Housing Data
Currently, though the U.S. economy may not have many economic stats in its favor, the housing market is certainly a major bright spot at the moment. Per the recent data provided by the Commerce Department, in Apr 2016, new

Defense Stock Roundup: Boeing Scores Multi-Billion-Dollar Contract, Loses on KC-46 Tanker Delivery Delay
Over the past one week, though defense primes smarted under market depreciations, it did not stop them from picking up big ticket programs from the Pentagon’s funding list. To that effect, Boeing BA secured a major contract from the

MDRX Crosses Above Key Moving Average Level
In trading on Wednesday, shares of Allscripts Healthcare Solutions, Inc. (Symbol MDRX) crossed above their 200 day moving average of $13.65, changing hands as high as $13.77 per share. Allscripts Healthcare Solutions, Inc. shares are currently trading up about

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