From a long-term standpoint, I still like the case for Micron (NASDAQ:MU) stock. Memory demand should rise over time, thanks to broader trends like IoT (Internet of Things) and 5G (fifth-generation) wireless. Falling earnings don’t make Micron stock look all that cheap right now, but estimates for mid-cycle earnings still suggest upside from a current
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The market expected a withdrawal of 50 bcf for the week ending on November 15 A feeble attempt at a rally following the EIA data The injection season ends with a peak of 3.732 tcf In a sign that the winter season has arrived, the Energy Information Administration reported the first withdrawal from storage across
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Is it time to buy natural gas ETF UGAZ? We discuss this contrarian trade today. ✅Join out VIP Private Group session invitation list free! (we hate spam too) http://eepurl.com/gsysiL ======================================================= ✅Please Take Our 2 minute Survey- Help us understand your pain points with trading- Then we focus on them until they are resolved https://www.surveymonkey.com/r/HW3YH2W ✅Bob’s
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U.S. equities are backing away from their recent highs as investors worry about worsening U.S.-China trade tensions after the U.S. Senate passed a bill critical of Beijing’s handling of the protests in Hong Kong. China doesn’t like anyone to be critical of their security apparatus, and is threatening a worst-case scenario if Washington persists. Of
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The stock market came into Wednesday near all-time highs, but that sentiment didn’t soften the blow in the stock market today. In fact, hovering so close to the highs likely hurt equities on Wednesday. Trade worries weighed on futures before the open, but those concerns subsided as investors remained unfazed. However, midday reports about the
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Silver gave bulls a scare two weeks ago when it seemed to drop out.  That was due to good news from the US-China trade war – any good news on that front prompts most investors to shift money back into risk equities, like stocks. Let’s see what the chart is saying now. (Source: Fidelity.com) As this
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Is it time to buy weed stocks? We discuss this contrarian trade today. ✅Join out VIP Private Group session invitation list free! (we hate spam too) http://eepurl.com/gsysiL ======================================================= ✅Please Take Our 2 minute Survey- Help us understand your pain points with trading- Then we focus on them until they are resolved https://www.surveymonkey.com/r/HW3YH2W ✅Bob’s 5 Most
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The PHLX Semiconductor Sector Index (SOX) is higher by 48.1% year-to-date. That sounds good on its own, and it is, but one of the benchmark’s components, AMD (NASDAQ:AMD), has returned nearly 32% over just the past month. Source: Joseph GTK / Shutterstock.com AMD stock’s recent surge extends its 2019 gain to over 121%. Let’s see here:
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Aurora Cannabis (NYSE:ACB) continues its stunning fall from grace. Aurora stock has collapsed following a dreadful earnings report last week, along with a major change in corporate strategy going forward. This, along with a flood of share dilution, has caused traders to dump their ACB stock as fast as possible. Source: Jarretera / Shutterstock.com To
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While Aphria (APHA) stock has taken a beating this year (along with the rest of the cannabis sector), shares of this company could be set to take off based on a few solid business fundamentals. For starters, the company recently announced that it would be doubling production capacity courtesy of the recent cultivation license it
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Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC Billionaire investor Carl Icahn is placing a $400 million bet against struggling malls, taking on two of the largest investment firms, according to a report in the Wall Street Journal. Icahn stands to make millions
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