Year: 2020

Bitcoin closed July at $11,351, according to Messari. …read more […]

If a top is forming then the market should stair-step down, first taking out $1966.50 then $1952.30. …read more […]

A hot topic in the upcoming U.S. Presidential election will likely be federal regulation surrounding marijuana. Right now, cannabis remains illegal at the federal level, but over 30 states have various forms of state-level approval for either medical or recreational cannabis.New York Governor Andrew Cuomo is pushing aggressively for approval of recreational cannabis, and now, Joe Biden has officially taken a favorable stance on cannabis legislation. Per his 110-page document released back on July 9, his platform outlined three main cannabis-related plans: 1) support federal legislation for medical marijuana, 2) let states decide on recreational cannabis, 3) decriminalize marijuana use …read more […]

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We just hit one of our biggest overnight winners in The War Room…
And today, I’ll break down exactly how we made this trade – step-by-step.
That way, the next time an opportunity like this presents itself, you can follow alongside me, and perhaps you’ll be next in line to hit a massive winner overnight.
Here’s what happened…
On Thursday, July 30, United Parcel Service (NYSE: UPS) was scheduled to report earnings.
Considering what we recently saw with FedEx, I had a feeling that the UPS report was going to trigger a big move – up or down.
Which way would it go?
Honestly, I didn’t care.
As …read more […]

(Bloomberg) — Shopify Inc. is a growing rival to Amazon.com Inc. in e-commerce. The Canadian tech company is still much smaller than the U.S. giant, of course — except in one respect.Ottawa-based Shopify, which went public only five years ago, has come to have an outsized impact on equity returns in its home country. It now accounts for fully 6.5% of the S&P/TSX Composite Index, more than Amazon’s 4.9% weight in the S&P 500.As Shopify goes — and most of the time it goes up, not down — so goes Canada’s main equity benchmark. The stock’s blistering run has added …read more […]

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Second quarter GDP reportedly contracted approximately 32% from last quarter. Chief Investment Strategist and Managing Director at Oppenheimer Asset Management, John Stoltzfus, joins The Final Round panel to break down why the Q2 GDP report isn’t as bad as it appears. …read more […]

As cases of coronavirus continue to rise, health and government officials remain skeptical about the best ways to reopen. Dr. Peter Hotez, Baylor College of Medicine, joins The Final Round to discuss why he believes that the best way to proceed is for a federalized opening plan which could allow the U.S. to see schools, sports, and everyday life resume to normal by October. …read more […]

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On Friday, Deutsche Bank analysts led by Lloyd Walmsley raised their price target on shares of Amazon from $3,333 to $4,000, just one day after the e-commerce giant reported a blowout second quarter, which would the value it at $2 trillion. The firm said “it’s tough to see anything this quarter that was not positive”, although it did cite key risks to its call including higher competition and regulation. The Final Round panel discusses the bullish call.
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Donald Trump is gearing up to issue an order requiring ByteDance to sell its ownership interest in TikTok, according to multiple reports — otherwise, he’s threatened to ban the short-form video app in the U.S. over security concerns related to its ties to China. At the same time, Microsoft is currently in talks to buy […] …read more […]

“It is time to return to our roots and break up” big tech to “oxygenate the marketplace,” says NYU marketing professor Scott Galloway. …read more […]

According to the New York Times, Microsoft is reportedly in talks to buy TikTok. This comes after President Trump and the White House administration have been looking into shutting down the company in the United States. The Final Round panel discusses the details. …read more […]

Suzanne Judd, Ph.D., an Epidemiologist at the University of Alabama at Birmingham School of Public Health, joins Yahoo Finance’s Akiko Fujita to discuss the latest coronavirus developments, as Dr. Anthony Fauci testifies before the House Select Subcommittee on the coronavirus crisis. …read more […]