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Veeva Gearing Up For AI In Life Sciences

Veeva Gearing Up For AI In Life Sciences

Life sciences-focused cloud computing solutions provider Veeva (NYSE: VEEV) recently announced its first quarter results. The company continued to outpace market expectations during the quarter. Veeva’s Financials Veeva’s first quarter revenues grew 22% to $195.5 million, ahead of the Street’s forecast of $189.2 million. Adjusted EPS of $0.33 was also ahead of the market’s forecast […]
Weekend Reading: Make America More Indebted

Weekend Reading: Make America More Indebted

I have spilled a lot of digital ink over the last few years on the trajectory of debt, spending and the impact of fiscal irresponsibility. Most of it has fallen on “deaf ears” particularly in the rush to pass “tax reform” without underlying fiscal restraints. To wit: “The recently approved budget was an anathema to any fiscally conservative policy. As […]
Bull Of The Day – Polaris Industries

Bull Of The Day – Polaris Industries

Recent headlines have highlighted the issues some American companies are having with recent tariffs imposed on imports and the retaliatory tariffs imposed by our trading partners on goods exported from the U.S. to other markets. Harley Davidson (HOG) has been specifically singled out by President Trump for its decision to shift some manufacturing overseas in order to […]
Adidas Is Added To The Growing List Of Retail Cyber Hacks

Adidas Is Added To The Growing List Of Retail Cyber Hacks

Amid all the talk of trade wars and tariffs, the new war that is cyber attacks continues to advance, threatening companies and consumers alike. We have long said that cyber security, an aspect of our Safety & Security investing theme and index, is much like insurance – you may not think you need it, but […]
The Saudis Won’t Prevent The Next Oil Shock

The Saudis Won’t Prevent The Next Oil Shock

Saudi Arabia is starting to panic, and is growing concerned that the growing number of supply disruptions around the world could cause oil prices to spike. Saudi Arabia is moving quickly to head off a supply crunch, aiming to dramatically ramp up production to a record high 11 million barrels per day in July, according […]
Utilitarianism

Utilitarianism

The Dow Utilities, against which I have January 2019 puts (by way of XLU), has been tearing higher since June 12th. The moving averages are still intact, and we’re coming up upon a wall of resistance that I believe will cease the public’s newfound adoration of utility companies. Here’s the longer-term view, which I hope […]
BTC/USD And BTC/JPY Forecast – Friday, June 29

BTC/USD And BTC/JPY Forecast – Friday, June 29

BTC/USD Bitcoin markets did very little during the trading session on Thursday, as we continue to look at the $6000 level is a major support level. I think at this point though, it’s obvious that there is no significant desire to put a lot of money to work, so I think rallies will continue to […]
Top 5 political events that rocked the global economy

Top 5 political events that rocked the global economy

Political decisions have always affected social and economical aspects in a region – whether the change is as small as new parking restrictions, or as major as countries entering war with one another. Millicent Angel examines some of the most striking examples of political decisions affecting economies. 1 – The Greek financial crisisThe Greek financial […]
Bank Leadership (JP Morgan) Could Be Slipping Below Support, Says Joe Friday

Bank Leadership (JP Morgan) Could Be Slipping Below Support, Says Joe Friday

The chart above looks at JP Morgan (JPM) over the past 16-years. JP Morgan has been done very well since the 2009 lows, as its gains have surpassed the S&P 500 and Banks overall by a large percent (See Chart below). We applied Fibonacci to the 2007 highs and 2009 lows for JPM. It hit the 261% extension […]
The Debt Threat And Gold

The Debt Threat And Gold

This month, we will adopt a more global perspective. Until recently, thanks to the synchronized worldwide growth, it was easy to lose sight of the elephant in the room. But as U.S. interest rates have climbed in recent months and dollar has appreciated, we cannot ignore the debt threat any longer. Indeed, the elephant is doing well. […]