TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Zhejiang Hisun Pharmaceutical Company LimitedBloomberg ticker: 600267 SHMarket cap: US$1,424mBackground: Zhejiang Hisun Pharmaceutical Company Limited is a Chinese company, principally engaged in the research and development, manufacture and distribution of specialty bulk pharmaceutical chemicals and preparation products.  World Class Benchmarking of Zhejiang Hisun Pharmaceutical(Click on image to enlarge) Profitable Growth rank of 10 was down compared to the prior period’s 9th rank This is poor performance compared to 380 large Health Care companies worldwide Profitability rank of 9 was better than its Growth rank of 10 Profitability rank of 9 was the same compared to the prior period’s 9th rank This is poor performance compared to peers Growth rank of 10 was the same compared to the prior period’s 10th rank This is poor performance compared to peers Asian Stock – Hengtong Optic-ElectricAsian Stock: International Container Terminal ServicesAsian Stock – China Communications Services Corporation

Nancy Tengler recent dubbed Spotify Technology SA () a “recession-proof” name – and the earnings it reported for its financial fourth quarter substantiated her view on Tuesday.Spotify may be seen as insulated as it has been able to grow its monthly active users through economic downturns, indicating users refuse to bail on the music streaming service even when they’re facing economic challenges.On Tuesday,  in its monthly active users to 675 million.Analysts, in comparison, were at a much lower 5.0% increase only.  More importantly, the audio streaming and media service provider guided for an increase of another 3 million users in Q1 – about a full million more than experts’ forecast.Spotify stock gained as much as 9.0% following its fourth-quarter earnings release today. Spotify remains popular despite price hikesSpotify’s free, ad-supported tier continues to attract a huge user base, serving as a funnel for converting users to its premium subscription service.This model ensures a steady stream of future premium subscribers.Additionally, it’s been able to maintain a low churn rate in the face of price hikes, indicating users are comfortable with paying more for it, which further substantiates Tengler’s view that Spotify is a recession-proof name.Note that Spotify stock does not currently pay a dividend, though. Spotify turned a profit for its fiscal Q4Spotify has a diversified set of offerings, including audiobooks and podcasts, which makes it all the better positioned to weather .That’s what helped the audio streaming and media service company come in ahead of Street estimates for revenue in its fiscal fourth quarter […]

Despite a surge in the Manufacturing (soft) survey data in December and January, ‘hard’ data continues to disappoint…Source: Bloomberg…as US Factory Orders fell 0.9% MoM in December (worse than the 0.8% decline expected) with November revised dramatically lower (to -0.8% MoM from -0.4% MoM)…Source: BloombergThis left US Factory Orders in Bidenomics’ final year down 1.1% YoY while Core Factory Orders (ex-Transportation) rose 0.3% MoM – the fourth straight monthly rise – and up 1.4% YoY…Source: BloombergThe final print for December durable goods orders confirmed the preliminary print, down 2.2% MoM…Source: BloombergWill the lagged response to a resurgence in confidence since Trump’s election spark a manufacturing renaissance?Banks Report Tighter Standards, Growing Loan Demand As Conditions Ease Some MoreCanada’s Auto Industry Faces Shutdown Threat Amid Tariff ShockTrump Orders First Airstrikes On Foreign Soil Since Taking Office

Ethereum had a rough session on Monday, as we initially opened up with massive selling, mainly in reaction to tariffs coming out of the United States for Canadian, Mexican, and Chinese goods. This had everybody in the world getting rid of anything remotely related to “risk on trading.” Because of this, I think the situation now could be presenting a bit of an opportunity, but I also realize that Ethereum plays “2nd fiddle” to Bitcoin. (Click on image to enlarge) Technical AnalysisI do think there is a significant amount of support near the $2200 level, which is where we have seen the market bounce multiple times in the past. All things being equal, this is a market that I think given enough time will probably turn around and bounce to the upside, but it is going to need to see Bitcoin rally in order to drag it right along with BTC. If we were to break down below the $2200 level, things could get rather ugly, but at that point in time we may enter “alt coin winter”, which would be a wonderful buying opportunity given enough time. If we do break down below the $2000 level, then I will simply let Ethereum crash before buying it again.The more likely scenario is that we turn around and try to break above the $3000 level, which could open up the possibility of breaking toward the $3400 level. As things stand right now, I still think it’s a “buy on the dip” type of […]

After opening the day higher, Indian benchmark indices gained as the session progressed and ended the day higher.Benchmark equity indices BSE Sensex and Nifty50 were trading higher on Tuesday, as investors kept a keen eye on tariff-related developments in the US.At the closing bell, the BSE Sensex stood higher by 1,397 points (up 1.8%).Meanwhile, the NSE Nifty closed higher by 374 points (up 1.6%).IndusInd Bank, Adani Ports, and L&Tare  among the top gainers today.Trent, Nestle, and Britannia on the other hand, were among the top losers today.The GIFT Nifty was trading at 23,772 up by 358 points at the time of writing.The BSE MidCap index ended 1.4% higher andthe  BSE SmallCap index ended 1.2% higher.Sectoral indices were trading mixed with stocks in the power sector, capital goods sector, and energy sector witnessing most buying speer.The rupee is trading at 87.1 against the US$.Gold prices for the latest contract on MCX are trading 0.2% higher at Rs 83,145 per 10 grams.Meanwhile, silver prices were trading 0.1% higher at Rs 94,345 per 1 kg.Here are the three key factors driving the market’s momentum:#1 Positive Global CuesPositive global sentiment spilt over into the domestic market, lifting investor confidence. Major Asian indices, including Japan’s Nikkei, Korea’s Kospi, and Hong Kong’s Hang Seng, jumped over 1% each following sudden changes in US trade policy.#2 Tariffs PauseThe tariff policies of US President Donald Trump have been a key factor weighing on global stock market sentiment of late. According to reports, the Trump administration has paused the proposed tariffs on Canada and Mexico, which appears to have lifted market […]

Stock futures fell on Tuesday as China took retaliatory action against new US tariffs by imposing its own levies on select American goods.In a further escalation, China also opened an investigation into Alphabet’s Google for possible antitrust violations, adding to the market’s uncertainty.Futures related to Dow Jones Industrial Average fell by more than 0.2%, while S&P 500 futures were down by 0.12%.Stocks experienced a turbulent trading session on Monday, with major indices staging a sharp rebound after an initial global sell-off.The Dow Jones Industrial Average plunged more than 600 points, or nearly 1.5%, at its session low after Donald Trump signed an order imposing 25% tariffs on Mexico and Canada, along with a 10% levy on China over the weekend.However, markets regained some footing in the afternoon after Trump announced a temporary pause on the tariffs for Mexican goods.Despite the recovery, all three major indexes closed in negative territory.“We are in a bull market fuelled by a strong US consumer and rising corporate profitability. Until something cracks with this narrative, I believe dips are buyable,” said Ross Mayfield, investment strategist at Baird.  Investors should prepare for more market volatility related to trade uncertainty, but we think the overall backdrop for investors remains quite solid. Mayfield thinks that China tariffs will likely remain in place as they did during the first Trump administration, but this time around, the White House views “trade as a means to exert non-trade concessions.” Palantir (PLTR) soars on strong earnings reportPalantir Technologies (PLTR) saw a remarkable 19% […]