Month: November 2019

In the investment world, there’s a lot of debate surrounding technical analysis. Some fundamentalists call technical analysis “hocus pocus” and think there’s nothing to it. Other traders, however, attest to the “price is truth” mantra, and believe that technicals give you the most insight about how and when to buy a stock. I’m not here
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One of the surprise hits in the markets this year is Home Depot (NYSE:HD). Not known for delivering much excitement, early investors were nevertheless rewarded with robust returns. Since January’s opening price, HD stock has gained nearly 38%. Not only that, the home improvement retailer has provided steady passive income along the way. Source: Helen89
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On Oct. 28, Quebec-based cannabis producer Hexo (NYSE:HEXO) reported subdued financial results for its fiscal fourth quarter. Wall Street was not pleased with the numbers, primarily because Hexo’s management issued Q1 guidance that indicated that its revenue would not increase. Since the quarterly report, HEXO stock has been volatile and has dropped. On Nov. 14, its
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Pedestrians carry Bloomingdale’s shopping bags while walking in New York. Craig Warga | Bloomberg | Getty Images Consumers are likely to have increased their spending in October, after a surprising pullback in September. The government’s October retail sales report, due at 8:30 a.m. ET Friday, is one of the most important data releases of the
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When iQiyi (NASDAQ:IQ) announced its third-quarter results, IQ stock surged higher on strong subscriber growth, climbing from $17.5 to $20. But the momentum has failed to continue, and iQiyi stock fell back to $18.5 in a few trading sessions. I believe that IQ stock is likely to remain subdued because its business faces multiple challenges. Source:
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