You’ve probably never heard of Lowell Café. It is located in West Hollywood, California, and earlier this month it became the first business of its kind in the nation. Source: Shutterstock According to media accounts, the restaurant has a modern look, with a copper bar, exposed brick walls, and a farm-to-table menu featuring dishes like
I’ve been pretty hard on Uber (NYSE: UBER) stock and Lyft (NASDAQ: LYFT) stock since their IPOs earlier this year. So far, their horrendous performance has vindicated my skepticism. Source: NYCStock / Shutterstock.com However, as bearish as I have been, there are others out there who are even more pessimistic. Former hedge fund manager Enrique
It was mostly a listless-to-negative day for U.S. stocks as the technology sector faltered, weighing on the major benchmarks. Another delay in the Brexit vote, seemingly a regular occurrence, and data indicating that sales of previously owned U.S. homes fell 2.2% last month were among the headlines hampering equities today. Source: Venturelli Luca / Shutterstock.com
Last year’s price action was ugly $50 keeps holding I am bullish on oil with a stop below $49 per barrel The price of crude oil continues to bounce off the $50 per barrel level on the active month NYMEX futures contract. Bullish and bearish factors have been pulling the energy commodity in opposite directions
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Kevin Matras goes over a neutral option strategy that you put on as a credit in your account. Find out now how an Iron Condor strategy works.
United Technologies Brendan McDermid | Reuters United Technologies shares rose in trading Tuesday after the top industrials analyst on Wall Street said on CNBC’s “Halftime Report” that he likes the conglomerate’s upside from here. “This is in my view one of the best-of-both-world stocks,” J.P. Morgan analyst Stephen Tusa. Shares of United Technologies were higher
There’s only way to describe the trading action of Beyond Meat (NASDAQ:BYND), and that is a wild roller coaster ride. The plant-based meat company went public at $25 per share in early May. In the five months since then, BYND stock has soared from $25 to $240 and then plunged from $240 to just over
McDonald’s (NYSE:MCD) has been one of the most consistent stocks in the market. Shares continue to chug higher, as growth is steady and business is consistent. Gone are the worries about McDonald’s impending doom amid a generational shift in eaters’ preferences. MCD stock is not only surviving in the current environment but thriving. Source: 8th.creator
For investors willing to time the bottom in cannabis stocks, Aurora Cannabis (NYSE:ACB) is an intriguing choice. No other pot company has the company’s breadth in terms of global reach and product portfolio. Aurora Cannabis stock isn’t necessarily cheap, yet. But Aurora stock certainly is cheaper, with a two-thirds decline from March highs to a
U.S. stock futures are quietly circling unchanged this morning. The pause comes after Monday delivered a bullish start to the week with the S&P 500 a whisper from new record highs. Source: Shutterstock Ahead of the bell, futures on the Dow Jones Industrial Average are flat and S&P 500 futures are higher by 0.13%. Nasdaq
Bullish sentiment on silver is down significantly from its highs at 97% bulls. While this is a step in the right direction, sentiment readings are high considering a 14% correction in the metal. It’s possible we saw the lows at $16.95/oz, but the possibility remains for an undercut of these lows. It’s been a busy
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Brendan McDermid | Reuters The Dow Jones Industrial Average is only about 2% from a record high, but confidence is hard to come by when wealthy investors are asked about the future direction for the market. The percentage of the affluent investors who expect a stock market decline to be booked in the fourth quarter
A pedestrian passes in front of a TD Ameritrade Holding Corp. location in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of TD Ameritrade climbed more than 4% during extended trade after the company reported better-than-expected earnings for its fourth quarter. The
I still remember the first time I saw my neighbor removing a red envelope from his mailbox. Source: Shutterstock It was 2005, and I was living in Chicago. I noticed that every few days he’d go out to his mailbox and pull out a bright red square envelope. Back then, I rented my movies from
On Oct. 16, International Business Machines (NYSE:IBM) stock reported disappointing Q3 revenue that missed estimates. It was the fifth consecutive quarter of decreasing sales figures from IBM stock. Source: JHVEPhoto / Shutterstock.com Despite the fall in IBM share price following the release of earnings, year-to-date, IBM is still up about 18%. Although there is likely to
If misery loves company, then Aurora Cannabis (NYSE:ACB) shareholders are far from alone. While marijuana stocks like ACB were soaring earlier in the year, several marijuana-related headwinds and dulling hype have since sent many of these stocks downward. But if new investors want to brave the risk and allow ACB stock to grow in their
Earnings have been taking center stage in recent days, but developments in the U.S.-China trade were back in the limelight, helping push stocks higher to start the week. Source: Venturelli Luca / Shutterstock.com President Trump said today he sees progress in the trade talks and that strides are being made between the world’s two largest
But as the morning coffee kicks in it’s more than that. The real bullishness seems to be coming from the growing realization that the US has entered a new phase of Quantitative Easing (QE), whether the Fed admits that’s what it is or not. Let’s face it – saying they see a need to buy $60