Archives by Month:

Archives by Year:

Current Analysis: Medipal Holdings

Current Analysis: Medipal Holdings

Image Source: UnsplashMedipal Holdings Corp. (MAHLY) distributes pharmaceuticals and health and beauty products to medical institutions and retailers.The firm operates in three segments: prescription pharmaceutical wholesale; cosmetics, daily necessities, and OTC pharmaceutical wholesale; and animal health products wholesale.The prescription pharmaceutical business generates the majority of revenue and distributes products to hospitals, clinics, and pharmacies. The cosmetics, […]
EUR/USD Reaches Weekly Lows After Strong US PPI Data, Trades Near 1.0870

EUR/USD Reaches Weekly Lows After Strong US PPI Data, Trades Near 1.0870

Image Source: Pixabay EUR/USD hit a weekly low at 1.0872 amid a stronger Greenback. US Core PPI held steady with a 2.0% YoY and rose by 0.3% in February. US Dollar appreciates despite the correction in US Treasury yields. The EUR/USD pair continues its downward trend for the second consecutive day, hitting weekly lows near 1.0870 […]
DAX Short Term Should Stay Supported

DAX Short Term Should Stay Supported

Image Source: UnsplashShort Term Elliott Wave view in DAX suggests cycle from 1.17.2024 low is in progress as a 5 waves impulse. Up from 1.17.2024 low, wave ((i)) ended at 17049.52 and pullback in wave ((ii)) ended at 16830.28 as the 30 minutes chart below shows. The Index then rallies higher within in wave ((iii)) with internal subdivision […]
Metals Report For Thursday, March 14

Metals Report For Thursday, March 14

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:08:52More By This Author:Financial Markets Report For Thursday, March 14Metals Report For Wednesday, March 13Financial Markets Report For Wednesday, March 13
USD/JPY Analysis: Wait For US Data Results

USD/JPY Analysis: Wait For US Data Results

Image Source: Unsplash The USD/JPY pair rebounded to the 148.00 resistance level, as Bank of Japan Governor Kazuo Ueda gave a slightly more pessimistic assessment of the economy ahead of the central bank’s policy meeting next week. Ueda told parliament that “the Japanese economy is recovering moderately, although some data is showing weakness.” He added, there […]
Q4 2023 U.S. Retail Scorecard For Thursday, March 14

Q4 2023 U.S. Retail Scorecard For Thursday, March 14

Image Source: UnsplashTo date, 186 of the 204 companies in our retail/restaurant index have reported their EPS results for Q4 2023, representing 91% of the index. Of those companies that have reported their quarterly results, 69% announced profits that beat analysts’ expectations, while 3% delivered on-target results and 28% reported earnings that fell below estimates. The […]
Asia Morning Bites For Friday, March 15

Asia Morning Bites For Friday, March 15

Image Source: UnsplashGlobal Macro and Markets Global Markets: Given a very mixed set of US data yesterday, the fact that US Treasury yields chose to move significantly higher, rather than fall or just muddle along sideways gives a sense of where the market’s thinking currently is. A June cut is now just 65% priced in. A month […]
System Liquidity Is A Bigger Risk Than Inflation

System Liquidity Is A Bigger Risk Than Inflation

Image Source: PixabaySYSTEM LIQUIDITY IS THE BIGGER RISKThere is quite a bit of debate right now about whether inflation’s effects will worsen again soon; or, whether the inflation threat has been minimized and “disinflation” will prevail. Don’t look now, but the specter of a liquidity crisis is looming in the background.The situation is such that a […]
Markets Pull Back On Consumer Spending Concerns

Markets Pull Back On Consumer Spending Concerns

Image Source: UnsplashDirectly following the release of this morning’s Producer Price Index (PPI), Retail Sales and Weekly Jobless Claims, all four major indices climbed higher, even though it was pretty clear we weren’t going to see any interest rate cuts for at least 13 weeks (the June 11-12 FOMC meeting), but within minutes of the opening […]
FOMC Meet Preview: US Fed Likely To Cut Interest Rates In June

FOMC Meet Preview: US Fed Likely To Cut Interest Rates In June

Image Source: Pexels All eyes are on the FOMC members’ projections during the 20 March meeting. US Fed aims to avoid triggering a recession while steering the economy towards a more neutral stance. Signs of a cooling job market and easing inflation suggest a shift in economic dynamics. The U.S. economy’s robust growth, employment, and inflation […]