UnitedHealth Dip After U.S. Joins Lawsuit Seen As Buying Opportunity
After the Justice Department joined a lawsuit seeking over $1B from health insurer UnitedHealth (UNH) yesterday and the company’s stock fell in the wake of the news, two research firms recommended buying the stock on the pullback. BACKGROUND: The whistle blower lawsuit joined by the Department of Justice yesterday alleges that UnitedHealth knowingly overcharged the […]
India’s Most Important SaaS Venture: Strategic Options Ahead Of Freshdesk
Launched in 2010, Freshdesk is a proud flag bearer of India’s presence in the global cloud CRM space. Six months back, it raised $55 million at a valuation of $700 million. This takes its total funding to $149 million. In a recent interview, founder Girish Mathrubootham has said that he plans to do a multi-billion dollar IPO […]
EUR/USD: 3 Reasons To Stay Bullish For A Run To 1.12/1.13 N-Term – ING
EUR/USD is already touching the 1.1150 level as it finally breaks free and talk about an impeachment is rife. Is there more room to run? The team at ING thinks so and marks the next levels. ING FX Strategy Research expects the EUR to remain supported in the near-term as investors: “a) re-assess whether it needs to stay […]
The Running Of The Bulls’ Mouths
What has the power to turn a right of way into a rite of passage? Might it be that the mighty hand of time plays a role? Any buffed historian worth their weight in tapas will tell you the most glorious bull run of all time is grounded not in pageantry, but rather pragmatism and perseverance. Nestled […]
Market Analysis For: EURUSD, USDCHF, Crude Oil, GBPUSD And USDCAD
Analysis on EURUSD, USDCHF, Crude oil, GBPUSD and USDCAD. Video Length: 00:14:07
Oil’s Inability To Recapture $51 Is A Bearish Sign
Oil prices have slowed down their rise from below $43 early May as resistance at $50-51 is formidable. The most probable price action I expect from now on is a rejection at current levels and break below support at $47.50. On May 15th while Oil prices were rising above $49 I said the following on […]
The Trump Sell-Off
The bears are gaining a foothold on the Trump Controversies My objective here isn’t to defend Donald Trump or prosecute him. I leave my personal opinions out of my trading simply because the market doesn’t care what I think when it comes to politics. So I have to look at price action for what it […]
S&P 500: Boom
Weeks and weeks of “progress” from our bullish friends destroyed within hours. I’m becoming a bigger fan of Trump every day. Make Shorting Great Again.
G1 Therapeutics Inc. Plans To Go Public In Its Early Stages
G1 Therapeutics Inc. (Pending:GTHX) filed its S-1/A with the Securities and Exchange Commission for its upcoming initial public offering. We highlighted the deal on our IPO Insights platform. The company intends to sell 6.25 million shares at a marketed price range of $15 to $17. It has an additional 937,500 shares as an overallotment option for its underwriters. […]
Net Asset Value Premiums Of Certain Precious Metal Trusts And Funds – Wake Up Call
“Here Homer with his nervous arms Strikes the twanging harp of war, And even the western splendour warms, While the trumpets sound afar: But, what creates the most intense surprise, His soul looks out through renovated eyes.” John Keats, Ode to Apollo There is an obvious safe haven trade in precious metals, notably gold, and US […]
