Category Archive: Finance, No picture
Is It Just Too Much To Ignore?
Image Source: Unsplash Earlier this week, US CPI data came out hotter than expected, which should have had the market a little more worried about less investor friendly tweaks to Fed policy next week. And yet, the market shrugged off the data with stocks continuing to track in record high territory.Video Length: 00:01:28More By This Author:Investors […]
Current Analysis: H. Lundbeck
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Image Source: UnsplashH. Lundbeck (HLUBF) is a Denmark-based pharmaceutical firm that focuses on the development and commercialization of central nervous system drugs including antidepressants, antipsychotics, and antiepileptic products.The company’s portfolio includes Abilify Maintena and Rexulti […]
As The Election Shifts Into High Gear, Consider Getting More Cautious
Presidential elections and market corrections have a long history of companionship. Given the rampant rhetoric between the right and left, such is not surprising. Such is particularly the case over the last two presidential elections, where polarizing candidates trumped policies. From a portfolio management perspective, we must understand what happens during election years concerning the […]
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, […]
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 […]
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
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
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 […]
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 […]
AUD/USD Price Analysis: Consolidation Is On The Horizon As Hourly Indicators Reach Oversold Conditions
Image Source: Unsplash The daily RSI remains in positive territory but took a big hit. The hourly chart shows strong selling pressure with RSI sitting in oversold territory. The pair may consolidate in the short term. The AUD/USD pair is currently trading at 0.6583, suggesting a noticeable and strong downturn. Regardless of the immediate selling pressure, the broad […]
