Author Archive: Jeremy Parkinson
Dougherty’s Pharmacy, Inc. Reports Third Quarter 2017 Earnings
DALLAS, Nov. 10, 2017 (GLOBE NEWSWIRE) — Dougherty’s Pharmacy, Inc. (OTC QB: MYDP) (“Dougherty’s” or the “Company”) (formerly Ascendant Solutions, Inc.) today announced its results for the third quarter of fiscal 2017. Highlights Gross profit margin for year-to-date 2017 increased to 26.9% from 25.8% for the first nine months of 2016. The generic dispensing rate […]
“The Leaders Are Crashing” – It’s Not Just Junk Bonds That Have Given Up
We have been warning about significant divergences between equity prices and other asset classes for a few weeks (most notably thedecoupling from equity risk and credit risk, junk bonds), but as BofA notes its not just these assets that are breaking away from soaring Nasdaq levels, in fact many of the rally’s leaders are crashing… in a way […]
Commodities Weekly Wrap-Up – Friday, Nov. 10
This week we’re joined by Keith Neumeyer of First Majestic Silver for a discussion of silver supply, silver demand and the ongoing rally in commodities. Audio Length: 00:11:38
Social Security Changes For 2018
In 2018, there will be some slight changes to Social Security. For individuals receiving benefits, there will be a cost of living (COLA) increase of 2 percent. While 2 percent may not seem like a lot, it certainly does help. Additionally, it’s better than nothing. That is, Social Security remains one of the few retirement […]
ECRI Weekly Leading Index: “Why So Many (In The West) Are Pissed Off”
Today’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 145.6, down 0.6 from the previous week. Year-over-year the four-week moving average of the indicator is now at 5.47%, up from 5.22% last week. The WLI Growth indicator is now at 3.2, unchanged from the previous week. “Why So […]
EUR/USD Forecast Nov. 13-17, 2017
EUR/USD managed to tick up amid OK data from Europe and weakness in the US dollar. GDP data stands out in a busier week. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. German factory orders beat expectations while industrial output dropped by more than had been anticipated. The […]
Gold Slammed After Someone Pukes $4 Billion Notional In Gold Futures
As we approach the European close, the dollar index just spiked and precious metals (and crude) were pummeled. Gold futures tumbled on massive volume as over $4 billion notional was purged instantaneously… Over 30,000 contracts ripped through gold futures – over $4.2 billion notional – in the space of a minute. That’s around 10% of a […]
A Weekly Technical Perspective On DXY, AUD/USD, USD/CAD & Crude
In this series we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. We looked at a few of these charts in this week’s Strategy Webinar and heading into next week, here are the key levels to consider. DXY Weekly Chart Notes: The index has […]
Natural Gas In Danger Of Pullback Towards 3.01
Natural Gas is trading around 3.20 in an upward sloping wedge pattern. I will be bearish NG if we see the wedge pattern being broken downwards. The RSI has been diverging since 3.14 top was made. I believe that although the longer-term trend might be to the upside, NG should pull back towards 4 hour […]
Senate Tax Plan And Gold
Yesterday, the U.S. Senate tax cut plan was unveiled. What does it mean for the gold market? As we wrote on Thursday, the results of the 2017 U.S. one-off elections triggered some uncertainty about the tax reform prospects. The investors’ hopes were further reduced yesterday, as the U.S. Senate tax-cut bill was unveiled. As the proposal […]
