Year: 2020

Canopy Growth (CGC) had an astonishing revelation prior to this past holiday weekend for the stock market. The new CEO was expected to reorganize the business, but a delay to the cannabis beverages business was an unexpected jolt to the Canadian cannabis company. One has to wonder what other issues will be disclosed as CEO David Klein completes his second week on the job.Beverage DebacleCanopy Growth shocked the market last week by admitting their cannabis-infused beverages were not ready to scale for the market. The news is surprising considering the company is already a month into the legalization of Cannabis …read more […]

The coronavirus that has killed dozens and rattled markets has no immediate cure — and a vaccine could be years in the making, a medical executive told Yahoo Finance. …read more […]

War Room members are currently in a strangle position with General Electric (NYSE: GE).
A strangle is an options strategy that involves using put and call options to bet on a sharp move one way or the other in an underlying stock. The objective is to make enough from the move in one direction that it covers the cost of the strangle and then some.
Strangles are best used around specific binary events, resulting in two possible outcomes.
An earnings report is just one example…
Another example is the announcement of a drug trial, or events like the Brexit deal.
These “one-off” events can really …read more […]

Starbucks joins a growing list of companies – including McDonald’s and Disney – that are suspending operations in China, as health authorities rush to contain an outbreak of coronavirus that is gripping the nation. …read more […]

Kramer Capital Research CIO Hilary Kramer joins The Final Round to discuss her top stock picks, and why Boeing and General Electric are buys in this market. …read more […]

Federal Aviation Administrator Steve Dickson is calling senior U.S. airline officials Friday to tell them that the agency could approve the grounded Boeing 737 MAX’s return to service before mid-year, a government official said Friday. FAA approval before mid-year could only happen if Boeing continues to make complete and thorough submissions, the official said, and emphasized that unforeseen issues could always potentially delay approval. …read more […]

The CDC confirmed a second case of the deadly Coronavirus in the U.S.. Raymond James’ Healthcare Policy Analyst Chris Meekins joins Yahoo Finance’s Seana Smith on The Tickr to why he believes there are more cass of the virus in China then have been reported. …read more […]