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Trading Ideas

3 Cannabis Stocks to Buy for the Eventual CBD Rebound

The U.S. CBD sector held so much promise after the government approved the 2018 Farm Bill. Market research firms stared placing total addressable market targets topping $20 billion in a few years, but the FDA has left the market to mostly just lotions and creams leaving the high demand products off major retailer shelves.At the same time, thousands of different brands have flooded to the space including ones from the large Canadian cannabis LPs. Both Aurora Cannabis and Canopy Growth, amongst others, have launched brands in the U.S. due to CBD being legal in the U.S pushing the brand totals …read more […]

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Business News

Seen everywhere in last U.S. crisis, moral hazard is nowhere in this one

As the U.S. Federal Reserve rolls out trillions of dollars to blunt the economic fallout of the coronavirus pandemic, there’s a notable difference to the last financial crisis: close to zero concern over “moral hazard” – the sticky business of bailing out those whose dilemma is of their own making.

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Trading Ideas

Saudis Delay Crude Pricing Decision as Oil-Cut Talks Drag On

(Bloomberg) — Saudi Arabia delayed a key pricing decision for its crude exports yet again as talks to secure an agreement among global producers for an unprecedented joint supply cut entered a fourth day.State producer Saudi Aramco is now set to decide on and announce pricing for its May crude exports on Monday, according to a person with knowledge of the situation. Aramco had planned to issue official selling prices, or OSPs, on April 5. It delayed the release to give producers time to discuss output cuts amid a coronavirus-induced collapse in demand.This is the third time that Aramco has …read more […]

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Trading Ideas

The choice facing investors: buy the bounce, or bet on a bottom

Few investors have been able to time market bottoms, which become evident only in hindsight. Investors who bought the S&P 500 three months before it bottomed during each of the last nine bear markets saw an average gain of 21% a year later. If the current bounce holds, that could mean the biggest gains are already in the rear-view mirror. …read more […]

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Trading Ideas

3 Biotech Stocks Under $2 With Massive Upside Potential

Just in time for Easter, the market delivered two consecutive sessions of gains. All three of the major U.S. stock indexes closed in the green on the last two days of the holiday-shortened trading week, rallying on the U.S. government’s additional interventions to mitigate COVID-19’s economic impact. While the most recent surge was a welcome piece of good news, it came as somewhat of a surprise as the deadly virus continues to rampage parts of the U.S. and businesses remain shut down indefinitely. As a result, Wall Street pros argue that while we might not be out of the woods …read more […]