Tianyin Pharmaceutical Co., Inc. (NYSE MKT: TPI), a pharmaceutical company that specializes in patented biopharmaceutical, modernized traditional Chinese medicine (mTCM), branded generics and active pharmaceutical ingredients (API) updates it expects to receive the formal Good Manufacturing Practice (GMP) certificate for its Qionglai Facility’s (QLF) from the China Food & Drug Administration’s (CFDA) by the end…
Will we ever tire of navigating the multiple layers of intermediaries between the customer and the provider, while corporate profits soar to unprecedented heights? If we had to summarize what’s wrong with Corporate America and the entire U.S. economy, we can start with all the intermediaries between the provider and the customer. There are a number…
The S&P 500 closed below 1980 today or the first Fibonacci retracement level described in this week’svideo (see clip). Does a close below 1980 mean it’s game over for the bulls? No, it is not unusual for a rally to retrace to the other Fibonacci levels above (1950, 1919). However, the deterioration in the market’s…
Ambarella Inc. (AMBA – Snapshot Report) has seen its estimates increase due to higher than expected new product sales, specifically the GoPro Hero4 sports camera. Further, new opportunities in drones and wearable cameras along with a solid foothold in professional IP cameras in China are the short and long term growth drivers for this company. Therefore Ambarella is…
Managers need to understand how their business is doing, but normal seasonal variations make this harder. Here’s a basic primer that every business leader needs to understand before looking at data about sales, operations or finance. The Christmas season is a great example of seasonality: it occurs regularly and has a colossal impact on many…
The Ruble is collapsing. This will do dramatic damage to the Russian economy, because many Russian firms have dollar denominated debts. This is a familiar story. Something similar happened in East Asian countries in 1997 and Russia in 1998. There is no good policy response, because defense of the Ruble based on extremely high interest…
Gold prices closed slightly higher on Tuesday after falling 2.5% the session before. The XAU/USD pair initially tried to rally, at one point even managed to climbed above the $1212 level and tested the resistance at $1221. However, as can be seen on the daily chart, sellers stepped in and prices retreated all the way…
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are sometimes posted on…
Last week Iron Mountain (NYSE:IRM) said that the registration statement of Iron Mountain REIT Inc. was declared effective. As a result, a special meeting of the company’s stockholders will be held Jan. 20, 2015, at which stockholders will consider and vote on a proposal to adopt the plan of merger between the company and Iron Mountain REIT, among other…
I’ve been writing for a while now that the disappointing Black Friday sales didn’t tell the whole story. Yes, Black Friday sales were down by 11%, but the holiday discounting started weeks earlier this year and, frankly, the novelty appeal of Black Friday has worn off after six years of increasingly aggressive promotion. I’m concerned…
