Trading Ideas

While the stock market is still focused on the large Canadian cannabis LPs listed on major U.S. stock exchanges, several U.S. multi-state operators (MSOs) are set to shock the market with industry leading positions. These companies are set to combat the Canadians for the largest operations without the help of major investments or even Federal approval of cannabis.Both Canopy Growth and Aurora Cannabis, which grab the vast majority of investor headlines, are set to generate quarterly revenues in the $60 million to $80 million range for the December quarter. Yet, some of the MSOs are set to blow past these …read more […]

Firm’s biggest trades of fourth-quarter 2019 Continue reading… …read more […]

In the spirit of full disclosure…
I drive a Tesla Model S, but I do not own Tesla (Nasdaq: TSLA) stock.
However, while shares of Tesla were exploding over the last few weeks, I was still smiling.
Why?
Because I was still exposed to the explosive upside move using a cheap backdoor way to capitalize on the Tesla move – all for a fraction of the price.
And today I’m going to share this little gem with you.
Without exaggeration, this may be the most important Trade of the Day issue you’ll ever read – so please give me five minutes of your time so you …read more […]

China appears to be fighting an increasingly uphill battle to contain the coronavirus outbreak as new deaths and infections continue to climb — prompting an ominous warning from the World Health Organization. …read more […]

The 92nd Academy Awards had quite a few surprises with Netflix disappointing after the streaming platform scored only two wins despite its 24 nominations. Yahoo Finance’s Alexandra Canal breaks it down. Zack Guzman & Brian Cheung, along with Clearnomics Founder & CEO James Liu join in on the conversation. …read more […]

New data obtained by Yahoo Finance show Nevada, Wisconsin and Michigan are suffering the worst damage from Trump’s protectionist trade policy. Other key states are hurting too. …read more […]

It’s been a pretty great week for Twitter, Inc. (NYSE:TWTR) shareholders, with its shares surging 14% to US$37.03 in… …read more […]

Aurora Cannabis (ACB) announced it was going to cut 500 jobs, with 25 percent of them being corporate positions, while taking impairment charges of about $752.79 million. It also announced CEO Terry Booth would be stepping down from his position, with executive chairman Michael Singer taking over leadership of the company until a new CEO is found.In this article we’ll look at what Booth stepping down could mean for the strategy of the company going forward.Long-Term Position on Cash InfusionThe position of Aurora Cannabis for some time has been to resist the idea of getting a huge cash infusion from …read more […]

(Bloomberg) — The Department of Justice announced charges Monday against four members of China’s People’s Liberation Army for the 2017 hack of Equifax Inc., a breach that exposed the personal information of about 145 million Americans.The announcement by Attorney General William Barr follows an indictment in Atlanta accusing the Chinese military personnel of conspiring with each other to hack into Equifax’s network and stealing sensitive data on nearly half of all U.S. citizens.“This was a deliberate and sweeping intrusion into the private information of the American people,” Barr said in a statement. “Today, we hold PLA hackers accountable for their …read more […]

Tyson Foods, Inc. (NYSE:TSN) just released its latest quarterly report and things are not looking great. Results look… …read more […]

Democratic Presidential hopeful Mike Bloomberg is the only candidate who beats President Trump in a new poll of small business owners. …read more […]

(Bloomberg) — Few people are in a position to influence Jamie Dimon, the chief executive who turned JPMorgan Chase & Co. into the biggest U.S. bank. The longtime climate skeptic who turned Exxon Mobil Corp. into the biggest U.S. oil company is one of them.Lee R. Raymond, 81, holds the top position on JPMorgan’s 11-member board after Dimon. He has occupied his seat for 33 years, making him both the longest-serving and oldest director among Wall Street’s biggest banks. He helped guide JPMorgan through mega-mergers after mastering them at Exxon, backed Dimon during his rise and has stood by him. …read more […]

HuffPost Senior Editor Lauren Moraski joins On The Move to break down the biggest winners and losers of the 92nd Academy Awards. …read more […]

(Bloomberg) — Sign up to our Next Africa newsletter and follow Bloomberg Africa on TwitterAngloGold Ashanti Ltd. has picked Harmony Gold Mining Co. as the buyer for its last remaining South African operations, according to people familiar with the matter.The two companies are still finalizing the exact terms of the deal for the Mponeng mine and surface facilities, said the people, who asked not to be identified because the information is private.AngloGold is selling the assets as Chief Executive Officer Kelvin Dushnisky focuses on more profitable mines in Ghana, Australia and the Americas. Harmony — backed by billionaire Patrice Motsepe’s …read more […]

It’s tempting – really, it is – to just put your investment money into the big-name stocks. After all, they generate the headlines, and they generate some spectacular results. Apple, Microsoft, Amazon, and Google parent Alphabet have all broken above $1 trillion market cap. But the big names aren’t the only ones showing great returns.It’s possible to find smaller stocks with big upsides. Small- and mid-cap companies don’t get the headlines and coverage of the trillion-dollar giants, but smart investors can find powerful returns in this category. We’ve used the TipRanks’ Stock Screener tool to sort through the database and …read more […]