Month: September 2020

I’m a long-term bull on cannabis stocks. But that doesn’t mean I’m a long-term bull on every cannabis stock. Tilray (NASDAQ:TLRY) stock shows why. Source: Jarretera / Shutterstock.com After all, the potential of the cannabis market remains enormous. Admittedly, early returns have been disappointing. Canadian producers like Tilray built up too much capacity. International markets
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Interior Design area of the Restoration Hardware store in the Meatpacking District of New York.  Source: RH How can you pinpoint compelling investing opportunities in the current environment? Stocks tumbled for the week in a tech-led selloff after reaching record highs. However, even after the pullback, the S&P 500 has still surged almost 15% on
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The Hyliion Hypertruck ERX Source: Hyliion Inc. Special purpose acquisition company Tortoise Acquisition Corp. and electric truck company Hylioon will vote on their merger on September 28, meaning there will likely soon be another EV player on the market, according to a recent filing with the Securities and Exchange Commission. The companies announced their intention to
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Chris Ratcliffe | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Slack — Shares of Slack tanked 14% after its quarter results showed steady growth instead of an expected boost from the coronavirus. Although it beat on full-year guidance, the team communications software company’s revenue growth came in below 50%
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In Best Stock Charts This week we discuss profits taken in our Public Storage $PSA trade. New trades that we are looking at are $ICE $USCR $GOOS $UNP and $BWA. ✅Get Alerted 15 Minutes Prior To Going Live! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video Tutorial – Free http://bit.ly/2IpRUPU ================================================= Partner Discounts
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Genius Brands International (NASDAQ:GNUS) is down over 38% in the past month. In fact, since July 22, GNUS stock has dropped 46% from $1.93 to $1.04. I had warned investors then that the stock was likely to fall in my article “Beware Shareholder Dilution With Genius Brands Stock.” Source: Syda Productions/ShutterStock.com At the time I
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SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the launch of the agency’s SpaceX Demo-2 mission to the International Space Station. NASA/Kim Shiflett JPMorgan Chase thinks it’s found the next hot market for investors:  Taking stakes
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Roberto Machado Noa Check out the companies making headlines midday Friday: Peloton — The exercise equipment maker’s stock jumped 2.5% after the company handily beat earnings expectations for the fourth quarter. The company earned 27 cents per share, compared with the 10 cents expected by analysts polled by Refinitiv. Sales surged 172% during the quarter
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An antenna for a satellite ground station Amazon Microsoft is looking to challenge Amazon in offering a service that connects satellites directly to the company’s cloud computing network, according to documents the company filed with the Federal Communications Commission last month The effort shows how the two largest providers of cloud infrastructure — data centers in
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Federal Reserve Chairman Jerome Powell, wearing a face mask, testifies before the House of Representatives Financial Services Committee during a hearing on oversight of the Treasury Department and Federal Reserve response to the outbreak of the coronavirus disease (COVID-19), on Capitol Hill in Washington, U.S., June 30, 2020. Tasos Katopodis | Reuters Markets are looking
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On Tuesday, Aurora Cannabis (NYSE:ACB) announced a potentially massive 1.8 billion CAD ($1.37 billion) write-down for Q4. Simultaneously, the Canadian marijuana company announced it has chosen a new CEO, its Chief Commercial Officer Miguel Martin. The market reacted with shock, sending ACB stock down 12% before recovering. Source: Shutterstock But it’s a trick that other companies
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