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Pinchas Cohen

  • Analysis & Comment

Pinchas Cohen's Comment & Analysis
A complete archive of Pinchas Cohen's articles, including current analysis & comment - Page 28

Bitcoin is on course for its worst back-to-back weekly selloff since it topped out in mid May from then record high levels. The largest cryptocurrency by market cap is currently trading above the...
Contracts on the Russell 2000 Index are leading a rally among US futures ahead of Monday's Wall Street session, at the start the holiday-shortened Thanksgiving week. If history is a guide,...
Will seasonality statistics for an equity rally in the holiday shortened week prove true again this year? Will this week's PCE data repeat last week's strong retail sales? Will cyclicals suffer amid...
Oil prices plunged out of the gate on Thursday, with the commodity opening lower, extending the current decline for a third day.The panicked selloff was triggered by a report that, not only was US...
Reflation trade reverses Gold continues to rally Bitcoin slumps further Key EventsUS futures on the Dow, S&P, NASDAQ and Russell 2000 were trading mixed on Wednesday ahead of the US session open...
Currency investors, made increasingly optimistic by yesterday's direct talks between US President Joseph Biden and China's President Xi Jinping, pushed the USD/CNY toward its highest levels since...
Consumer spending expanded by a mere 1.6% for the last quarter, a severe fall-off from the 12% growth in the second quarter. Since consumer spending makes up 69% of the $23.2 trillion US economy, this...
After consumer spending plunged, retail sales will be monitored to determine inflationary impacts Stocks and Treasuries sell-off together, gold and dollar rise in tandem In the US, consumer spending...
One of the hottest pieces of financial markets news right now is the just announced agreement between the US and China to "work together to slow global warming." Though notable for a variety of...
When Merck & Company (NYSE:MRK) introduced its COVID-19 pill Molnupiravir in mid October, shares of the New Jersey-based drugmaker immediately found momentum. The treatment has been shown to cut...