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HEXO Corp. (HEXO): Hedge Funds Are Nibbling

Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out […] …read more […]

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Oil Falls for a Third Day With Second-Wave Virus Risks in Focus

(Bloomberg) — Oil kept falling after its first weekly drop since late April as a fresh coronavirus outbreak in China and increases in cases elsewhere added to concern a second wave of infections will threaten a nascent economic recovery.Futures in New York edged lower toward $35 a barrel after losing 8.3% last week. Beijing closed the city’s largest fruit and vegetable supply center and locked down nearby housing districts over the weekend after dozens of people associated with the market tested positive for the virus. Florida, meanwhile, is among some U.S. states that are still seeing sharp increases in cases.The …read more […]

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Hedge Funds Cautiously Buying Organigram Holdings Inc. (OGI)

Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out […] …read more […]

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U.S. Futures Slide, Dollar Up Amid China Outbreak: Markets Wrap

(Bloomberg) — U.S. and Japanese equity futures retreated and the dollar climbed against major peers after a coronavirus outbreak in China added to concerns of a resurgence in the pandemic.S&P 500 futures opened about 1% lower. Beijing closed the city’s largest fruit and vegetable supply center and locked down nearby housing districts after dozens of people associated with the wholesale market tested positive for the coronavirus. That’s after second-wave concerns intensified in some U.S. locations last week. Crude oil retreated.The prospect of another wave of Covid-19 just as economies continue to reopen is keeping traders on edge and pushed global …read more […]