Year: 2020

At last report, the population of the world totaled some 7.8 billion souls. With COVID-19 continuing to run rampant — indeed, a “second wave” of infections is already starting to swamp health care facilities in France, Spain, and perhaps also the UK — and most potential vaccines against the coronavirus requiring two shots for complete effectiveness, this means there’s an immediate need for more than 15 billion doses of vaccine.Now… who’s going to make all those doses?B. Riley FBR analyst Mayank Mamtani makes the case that Novavax (NVAX) has an important role to play in this fight against coronavirus, even …read more […]

The big opportunity in the market today lies with value stocks…
So there are 10 billion reasons to make Wells Fargo (NYSE: WFC) your next investment.
In the company’s second quarter earnings call, CEO Charlie Scharf revealed that he believes the company will be able to cut $10 billion of expenses over the next couple of years.
This will have a huge positive impact on earnings.
What’s more, it speaks volumes that Scharf will publicly quantify how much he thinks he can reduce expenses. His $10 billion figure is now a public goal post, so you’d better believe he wouldn’t mention it if he …read more […]

(Bloomberg) — Tesla Inc. expects to see deliveries grow on the order of 30% to 40% this year, reaffirming its forecast at a time when automakers are struggling to recover from the coronavirus pandemic, Chief Executive Officer Elon Musk told shareholders.“While the rest of the industry has gone down, Tesla has gone up,” Musk said at the company’s annual meeting Tuesday. “We’ll do really pretty well in 2020, probably somewhere between 30-40% growth despite a lot of very difficult circumstances, so many: pandemic, wildfires, a whole bunch of difficult production issues.”Tesla has said it expected to deliver 500,000 vehicles this …read more […]

Tech is king.
That’s been our mantra for 2020.
And investors have rung the register over and over again this year following that simple trend.
The Nasdaq soared to new all-time highs.
Individual standouts, like Zoom Video Communications (Nasdaq: ZM), have surged nearly 600% year to date.
But a couple of weeks ago, the mood began to sour. And the Nasdaq’s thunderous rally came to a stumbling end…
Over the course of a couple of hectic weeks, tech stocks shed 11.5%. The Nasdaq is now up only 11,000 and is in full-blown correction territory.
This mass reversal in tech has also triggered steep declines in both the …read more […]

Boeing Co’s (NYSE: BA) order backlog continues to shrink on a monthly basis.A flurry of large Boeing option trades have been mixed in nature this week as investors struggle to determine whether or not Boeing can right the ship in the coming months.The Boeing Trades: On Tuesday morning, Benzinga Pro subscribers received 16 option alerts related to unusually large trades of Boeing Airlines options. Here are a handful of the biggest: * At 10:31 a.m., a trader bought 600 Boeing call options with a $160 strike price expiring on Nov. 20 near the ask price at $13.621. The trade …read more […]

Tesla’s big day – Battery day – was set to start on a high note on Tuesday, but unexpected tweets from the CEO – Elon Musk – had many investors worried about production of new cars from the company. Yahoo Finance’s Rick Newman joins The Final Round panel to discuss what to expect from Battery Day. …read more […]

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* Continued Adjusted EBITDA Improvement Due to Strong Gross Margins and Reduced SG&A; * Debt Levels and CapEx Spend Down Substantially in Q4 2020 * Provides Guidance for Q1 2021NYSE | TSX: ACBEDMONTON, AB, Sept. 22, 2020 /CNW/ – Aurora Cannabis Inc. …read more […]

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 […]

The U.S. marked a grim milestone in the coronavirus pandemic, with more than 200,000 deaths reported Tuesday, even as optimism continues to rise over a vaccine. …read more […]

Yahoo Finance’s Emily McCormick joins Akiko Fujita to break down what to expect from Tesla’s Battery Day event. …read more […]

“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 […]

The truth is that if you invest for long enough, you’re going to end up with some losing stocks. But the long term… …read more […]

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 […]

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 […]