Category Archive: Finance
Biotech Digest – INSM Reports Positive Data, MRK Gets EC Approval, LCI Receives FDA Approval
Top Pick of the Day: ORMP Oramed Pharmaceuticals (ORMP) reported the successful conclusion of its meeting with the FDA with regard to its drug candidate ORMD-0801. The company reported that the FDA gave clear guidance that the regulatory pathway for submission of ORMD-0801 will be a Biologics License Application. This implies that post approval, the […]
Payrolls In August 2017 And Gold
The U.S. economy added 156,000 jobs in August. What does it mean for the gold market? Total nonfarm payroll employment increased 156,000 in August, following an increase of 210,000 in June (after a downward revision), according to the U.S. Bureau of Labor Statistics. Analysts had expected 180,000 jobs to be created. Thus, the actual number significantly disappointed expectations. […]
Euro Continues To Consolidate At 1.19
Tuesday’s European session saw mixed dynamics on the major currency pairs. The US dollar fell against its Aussie, Kiwi, and Canadian counterparts, as well as against the yen and pound, while rising against both the franc and euro. The European stock market is trading up. Investors are starting to abandon the safe havens, although the […]
August 2017 Conference Board Employment Index Growth Rate Accelerates
The Conference Board’s Employment Trends Index – which forecasts employment for the next 6 months improved with the author’s saying “While Friday’s job numbers were slightly disappointing, the ETI does not provide any indication of slowing employment growth“. Analyst Opinion of Conference Board’s Employment Index Econintersect evaluates year-over-year change of this index (which is different than […]
Billion Dollar Unicorns: VIPKid Is The Newest Kid In The Club
The Global E-Learning market is expected to grow 7.2% annually over the next decade to $325 billion by 2025. The growth in the market is expected to be driven by emerging trends of gamification of learning, implementation of IT security, cloud-based solutions, and growth in online content & digitization. China’s VIPKid is a leading Billion Dollar […]
EC This Week In Gold
First of all, apologies. The title of this column is misleading. Because of publishing turnaround times, I’m really dealing with last week’s market in gold, not this week’s. No matter. Last week, this week: gold is gold. Gold excites passions. Some folk are enamored of the metal. Others regard it as a “barbarous relic.” Then […]
Tax Cut Time!
Tax Cut Party It’s party time! Never mind that taxes cuts will be greatly diluted, and probably won’t happen well into 2018. The mere whiff of the prospect that Uncle Sam’s take is about to be shaved by pennies was enough to break a downtrend in share prices that was starting to get worrisome. We […]
These Are The Worst Sectors Of The Past 5 Years. 1 Of Them Is A Buy Now
Stocks behave in different ways in different time frames. Studies show stocks trend sometimes and exhibit “mean-reverting behavior” at other times. In the very long run, mean-reverting strategies work well. If you’re a true long-term investor, a chart like the one below could tell where to look for investments. These are the worst performers for […]
Is War Good Or Bad For The Stock Market?
This weekend, the crazy dictator in North Korea stepped up the insanity by supposedly testing out a hydrogen bomb. Whether they actually did this is debatable but the rhetoric is going beyond words with missiles and bomb tests. What Kim Jon Un is trying to accomplish is anyone’s guess because he isn’t winning any friends […]
Top Analyst: Snap Has 110% Upside And Is “Eerily” Similar To FB
Five-star Drexel Hamilton analyst Brian White has just issued an incredibly bullish analysis of disappearing photo app Snap Inc (NASDAQ:SNAP). White is ranked an impressive #181 out of 4,642 analysts tracked by TipRanks. White reiterated his buy rating on September 5 with a $30 price target. This translates into huge upside potential of 110% from the current share […]
