U.S. Records 18,000+ New Coronavirus Cases in Single Devastating Day

The United States has become the epicentre of the coronavirus pandemic. Confirmed U.S. cases has overtaken China and this is ‘only at the beginning’. 85,991 Americans have been infected with the death toll hitting 1,000. Coronavirus cases in the U.S. have accelerated so fast – jumping by 18,000 cases on Thursday – the nation has …

China’s Biggest Bull Trend in 3 Years Makes Dow Jones Comeback Imminent

China’s A-shares market just saw biggest bull trend in three years. As major banks predict additional U.S. interest rate cuts by 2020, appetite from investors is expected to rise. The Dow Jones is already showing signs of recovery following Monday’s rally. China’s A-shares market – domestic stocks that are traded in the Shanghai and Shenzhen …

Coronavirus Cover Up Threatens to Topple the Chinese Government

Calls for free speech have ramped up online among Chinese citizens. The death of the doctor who was silenced for sounding the alarm on coronavirus has outraged the nation. A missing citizen journalist is the latest to add fuel to the growing resistance against government censorship. The coronavirus epidemic has shown no signs of slowing …

How the Coronavirus Is Helping China Win the Trade War

The coronavirus outbreak will make it difficult for China to fulfill its end of the bargain in phase one of the U.S./China trade deal. Evidence suggests that Chinese authorities hid the severity of the coronavirus outbreak until after the deal was signed. A little-known clause in the deal may allow Beijing to renegotiate the agreement …

Expect Apple Stock to Suffer When Coronavirus Batters the Top Line

Apple’s (NASDAQ: AAPL) management severely downplayed the company’s China-related challenges in the earnings call last week. The company guided for revenue growth going in the 2nd quarter of 2020, but this is unlikely because of the worsening coronavirus outbreak. China is a huge part of Apple’s revenue and supply chain. Coronavirus disruption may lead to …

Coronavirus Infections Exceed 2003 SARS Outbreak; 213 Confirmed Dead

The Wuhan coronavirus has surpassed SARS in the number of confirmed cases. The disease is rapidly spreading around the world with cases confirmed in 22 countries. American lawmakers are confident that they have the disease under control. Do they? A number of Asian countries including Thailand (pictured) have seen cases of the coronavirus spread. | …

2 Factors Why Sky-High Tesla is a Massively Overvalued Stock

Tesla is overvalued at $92.55 billion and has an extreme premium. Its earnings to valuation ratio is almost 10 times bigger than traditional carmakers. TSLA continues to be the most shorted automaker stock, and that’s a positive for the company. Tesla (NASDAQ: TSLA) is valued at $92.55 billion. That is just $8 billion short of …

Dow Futures on Edge as Chinese State Media Vows Revenge on Trump

Dow Jones Industrial Average (DJIA) futures traded slightly lower on Thursday. US legislation to support Hong Kong protestors has China rattled and may undermine trade deal progress. Chinese state media hit back at Trump, threatening “revenge” for interfering in Hong Kong. Dow Jones Industrial Average (DJIA) futures were slightly lower in early trading Thursday, pointing …

China Will Reward You for Exposing ICO Scams

An inter-ministerial committee in China plans to reward individuals who report illicit ICO fundraisers. The decision could likely boost China’s crackdown on the regional cryptocurrency industry. ICOs are operating freely in China despite a sweeping 2017 ban. China is planning to provide monetary perks to eligible individuals who expose illegal cryptocurrency crowdfunding campaigns. According to …