Pinchas Cohen's Comment & Analysis
A complete archive of Pinchas Cohen's articles, including current analysis & comment - Page 2
Tesla has lost 52% of its market value this year
On the technical chart, we see three consecutive bearish patterns
Could Tesla's fallout be equally aberrant to its meteoric rise?
Tesla (NASDAQ:TSLA)...
The market appears to be preparing for a recession
That, along with slowing rate bets, could support gold prices going forward
An upside breakout from current levels would indicate that gold's uptrend...
Unless there is a huge CPI surprise, Fed is slated to raise rates by 0.5%
The Fed could make a hawkish statement, which could rile markets
There are two levels of market drivers: (1) tension between...
Broadcom reports Q4 earnings today after market close
The stock has surged 20% from its October lows
However, since reaching the top of its falling channel earlier this month, AVGO has been correcting...
Silver advanced four days in a row on expectations and follow-through of a softening Federal Reserve after Fed Chair Jerome Powell signaled his bank would slow the pace of tightening.
Silver and the...
Latest U.S. economic data shows inflationary pressures are still in place
Consumer Discretionary (XLY) has been battling Energy for the title of S&P 500's worst-performing sector of late
XLY's...
The Financial sector dropped 0.5% last week and was the second-worst performing sector after Energy's 1.7% selloff.Over the last, month the two sectors have maintained a similar relationship. Energy...
Bank of America strategists think that the S&P 500 will end up at the 4,000 level a year from now and it has cut its forecasts for the index's annual earnings per share (EPS) 9% to $200 which is...
The rally in the U.S. dollar fizzles as China relaxes some of its COVID policies after widespread protests. Once the risks from China's strict zero-COVID policy lockdowns eased, traders refocused on...
The U.S. dollar peaked on Sept. 28, shy of 115.00. Another 5.5% rise would have taken the world reserve currency to its highest level since February 1986, after the September 1985 decision of the then...