No Picture
Trading Ideas

Stitch Fix Q4 revenue beats, CEO says company has ‘successfully navigated’ coronavirus

Stitch Fix announced its fourth quarter earnings report after hours on Tuesday, with the company beating investor’s expectations on both top and bottom lines. The company’s CEO said that the retail company ‘successfully navigated the deadest impacts’ of the coronavirus, but released no guidance. Yahoo Finance’s Myles Udland breaks down the company’s earnings report. …read more […]

No Picture
Trading Ideas

How to Profit From a Bursting Bubble

“The bull walks up the stairs. The bear jumps out the window.”
– Wall Street adage
I’ve written a lot recently about financial bubbles… and how we may be in one.
Several readers have also contacted me in the past few days with the same question.
“Nicholas, if indeed we are in a financial bubble, how can I profit from it?”
That’s the question I will answer today…
Let’s start with the current state of the markets.

Click here to watch Nicholas’ latest video update.
Tech stocks sold off sharply in the past two weeks, their worst pullback since the market bottomed in March.
On the one hand, tech …read more […]

No Picture
Trading Ideas

Is Aurora Cannabis a Buy Ahead of Earnings Today? Analyst Weighs In

It has been a bleak year so far for Canadian cannabis producer Aurora Cannabis (ACB), with shares crashing by a hefty 70%. The company will have an opportunity to reverse course when it releases second-quarter results after the market closes today. Ahead of the print, Jefferies analyst Owen Bennett has an idea what to expect.Two weeks ago, Aurora released an update on the quarter’s events and guided for a sequential drop in cannabis net sales and at the same time pushed back its target to be EBITDA positive from 1Q21 to 2Q21. However, the company also reduced its SG&A (selling, …read more […]

No Picture
Trading Ideas

Physical Gold vs. Gold Stocks: An Introductory Guide

Many investors seek to purchase gold, especially in times of market uncertainty. But they often wonder which is better: investing in physical gold vs. gold stocks. In this article, we will look at the differences between each type of gold investment.
Either way, gold can be a great place to invest, as it is often used as a hedge against a struggling stock market – owning a physical asset like gold can seem very attractive when the stock market is down. So in these particularly turbulent times, it may make sense to put some of your portfolio in gold or gold …read more […]

No Picture
Trading Ideas

Tesla Battery Day: Look Out for the Devil in the Details, Suggests Analyst

Tesla’s (TSLA) highly anticipated Battery Day is finally upon us and the excitement is palpable on Wall Street. After market close today, Tesla will host the long-delayed event and looking ahead to the shenanigans, Canaccord analyst Jed Dorsheimer expects there will be “a plenty for everyone.”Expounding on this, the analyst said, “Bulls are likely to highlight a 1-million-mile battery or perhaps the CO2 light supply deals. Bears will highlight that TSLA promotions typically fail to materialize, a valid concern, and a shift towards more difficult milestones (SEMI, CyberTruck, and competition). Our take? We think the day will be a trove …read more […]