With shares trending lower, is Canopy Growth (NYSE:CGC) stock a buying opportunity? Don’t even think about it. Source: Jarretera / Shutterstock.com The company may be making smart moves restructuring its operations, but don’t expect upside anytime soon. The “Cannabisphere” remains a hot mess, to say the least. Canopy may be faring better than competitors like
There is no shortage of reasons to like Microsoft (NASDAQ:MSFT). The company has been flying high since the appointment of CEO Satya Nadella in 2014, and now boasts a market capitalization of $1.23 trillion. Like most stocks, Microsoft has felt the impact of the coronavirus from China. However, even taking that setback into account, Microsoft
Bruce Lee said “Be Water My Friend” meaning, adapt to your environment. In this stock market environment during an election year we must ask what are the probabilities of 2 black swan events occurring at once? Second question, are they being manipulated? ✅Join out VIP Private Group session invitation list free! (we hate spam too)
CNBC’s Jim Cramer said Tuesday that he feels better about buying stocks now that President Donald Trump publicly acknowledged the need for coronavirus relief for workers and small businesses. Trump plans Tuesday to meet with Senate and House Republicans to discuss “a possible payroll tax cut” and other “substantial relief” as coronavirus cases in the
The Royal Caribbean cruise ship ‘Explorer of the Sea’. Getty Images Help for airlines. Help for cruise ship operators. And shale operators. Vague talk of payroll tax cuts that would last through the end of the year. Stocks are moving on hopes of fiscal stimulus in the absence of market-moving coronavirus news. Take Royal Caribbean,
President Donald Trump speaks at the Coronavirus Task Force Press Conference, March 9, 2020. Michael Brochstein | Echoes Wire | Barcroft Media | Getty Images President Donald Trump’s promise of a stimulus plan to battle the impact of the coronavirus needs to be presented within days, or the U.S. economy could slump into recession and
Bearish fundamentals pushed the price to new lows on February 28 Every attempt at a rally failed since November The reason why risk-off pushed natural gas higher Risk-off conditions gripped markets across all asset classes during the final week of February. The stock market and prices across all asset classes moved lower as many investors
Amid hopes the White House and Congress will deliver stimulus to the economy and targeted measures to industries weakened by the novel coronavirus outbreak, stocks rallied Tuesday, but it remains to be seen if this is a credible rebound or one-off event in the greater scheme of a bear market. Source: Provided by Finviz The
I’ve heard of “morning blues,” but what happened on the Mar. 9 session was exceedingly sour. In a single session, the Dow Jones Industrial Average dropped more than 2,000 points, setting a dubious record. But few sectors suffered more than cruise liners like Carnival (NYSE:CCL). Indeed, you can easily make the argument that CCL stock
As the coronavirus from China spreads globally, economic uncertainty has deepened. However, amidst every challenge and market plunge, there are golden buying opportunities. I see one such buying opportunity in 3M Company (NYSE:MMM) stock. Since reaching $181 in January, MMM stock has tumbled 17% to $148 today. In my opinion, the stock’s valuation is attractive
Down almost 24% year-to-date, Ford (NYSE:F) isn’t going to be confused with Tesla (NASDAQ:TSLA) when it comes to automotive equity share price appreciation. Even the roughly 14% shed by rival General Motors (NYSE:GM) looks good compared to F stock and even highly speculative Nio (NASDAQ:NIO) is lower by just 3.73% to start the year. Source:
US President Donald Trump gestures after arriving on Capitol Hill as US Senate Majority leader Mitch McConnell (R-KY) and Senator Roy Blunt (R-MO) look on in Washington, DC on March 10, 2020. Nicholas Kamm | AFP | Getty Images As oil prices decline and pressure energy companies, President Donald Trump will reportedly likely seek a
Source: Stitch Fix Check out the companies making headlines in midday trading. Stitch Fix — Shares of Stitch Fix plummeted nearly 30% after the personal styling service issued a bleak outlook and reported quarterly revenue that missed analysts’ expectations. Stitch Fix reported sales of $451.8 million, below the forecast $452.5 million, according to Refinitiv. Its next
It’s been a volatile week in the market after we saw the largest takedown in the S&P-500 (SPY) since 2008. Unfortunately, while many thought that the gold juniors (GDXJ) would provide a shelter from the storm, the metal itself has been the only place holding its value. Despite a nearly 10% rise in the gold
All of the action over the past few weeks has culminated to what we had on Monday. It was pure mayhem in the stock market today, as equities plunged and oil wiped out, while bonds and volatility scorched higher. At its lows, the S&P 500 sank 8%, while crude oil fell more than 33% at
Aurora Cannabis (NYSE:ACB) doesn’t need a headline-grabbing, fear-inducing new virus to drive share prices into the toilet. It can do that on its own, thank you very much. Source: Shutterstock At $1.31, Aurora stock is now the cheapest stock on my watchlist. It’s an unenviable position to be sure, and speaks to just how low
Bruce Lee said “Be Water My Friend” meaning, adapt to your environment. In this stock market environment during an election year we must ask what are the probabilities of 2 black swan events occurring at once? Second question, are they being manipulated? ✅Join out VIP Private Group session invitation list free! (we hate spam too)
There are a lot of different ways to play the stock market, especially now as the coronavirus from China creates extreme volatility. There are a ton of places to find bargain investments, but a good place to start is the financial sector. Financial stocks have taken a beating over the past few days as lower
You can’t get a return loaning money to the government today. The 10-year U.S. Treasury note is yielding less than 0.5%. Source: overcrew / Shutterstock.com But I know where you can get a 9% yield, and maybe more tomorrow. Ford Motor (NYSE:F). Now, don’t run away. I’m serious. Ford opened March 9 at about $6
Oil pumpjacks in the Permian Basin oil field are getting to work as crude oil prices gain. Spencer Platt | Getty Images CNBC’s Jim Cramer said Monday he could see the oil industry experiencing a significant wave of bankruptcies if low crude prices persist. Of the more than 35 companies in the oil industry he