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How We Moved Ahead of the Brokers on Pinterest

Sometimes, you’re lucky enough to track the same exact move as a major brokerage house.
When this happens, and you’re quick enough to act, it could lead to immediate profits.
That’s exactly what happened this morning…
Last week, I started to introduce War Room members to the idea of getting positioned in Pinterest (NYSE: PINS) going into Christmas.
Specifically, on Friday at 10:17 a.m., I said…
Pinterest might be a nice play to own going into Christmas. Like that bounce off $24 support. This may be a play I add to my November call ledger. Tracking…
As a quick company description, Pinterest calls itself “a visual …read more […]

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UPDATE 1-FDA approves Vertex Pharma's combo treatment for cystic fibrosis

The U.S. Food and Drug Administration said on Monday it had approved Vertex Pharmaceuticals Inc’s three-drug combination for cystic fibrosis (CF), a rare genetic condition. The approval comes months ahead of the FDA’s previously announced action date in March, sending the drugmaker’s shares up 4.1% at $183.53 in late afternoon trading, before being halted for news pending. The treatment, Trikafta, is a combination of three drugs that target a defective protein responsible for the life-threatening disease that causes the build up of thick mucus in body parts such as the lungs and digestive tract. …read more […]

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San Jose to propose turning PG&E into giant customer-owned utility – WSJ

San Jose, California’s third-biggest city, is proposing to convert PG&E Corp into the country’s largest customer-owned utility, the Wall Street Journal reported on Monday, citing the city’s mayor. Mayor Sam Liccardo said in an interview to the WSJ the city served by PG&E hopes to persuade other cities and counties in coming weeks to line up behind the plan. The plan is to strip PG&E of its status as an investor-owned company and turn it into a nonprofit, electric-and-gas cooperative, the report https://on.wsj.com/2JaJWJg added. …read more […]

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Were Hedge Funds Right About Dumping Coty Inc (COTY)?

We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […] …read more […]

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Facebook's Zuckerberg Privately Recommended Potential Campaign Hires to Buttigieg

Oct.21 — Facebook Inc. chief executive officer Mark Zuckerberg has privately recommended several potential hires to Pete Buttigieg’s presidential campaign, a rare example of direct political involvement from one of tech’s most powerful executives. Bloomberg’s Tyler Pager has more on “Balance of Power.” …read more […]

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Boeing responds to leaked ex-pilot messages alleging 737 MAX concerns

Shares of Boeing are slumping as UBS downgrades Boeing to neutral from buy…
backing away from a bullish stance after messages were leaked from a former test pilot expressing concerns over the software system used in the 737 MAX. Yahoo FInance’s Alexis Christoforous and Emily McCormick discuss on The Ticker. …read more […]

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Recreational Marijuana Legalization Would Create Seven Times More Cannabis Jobs in Florida

A new study from New Frontier Data shows legalized recreational marijuana would septuple Florida’s current cannabis jobs.
Medical marijuana is legal in Florida, but recreational marijuana isn’t. But if marijuana were fully legalized at the federal level, the study predicts that cannabis jobs could number 128,587 by 2025 – a 666% increase from the current 16,792.
Aside from the devilishly impressive job numbers, the study also predicts Florida will capture a 12% share of the nation’s $29.7 billion legal market by 2025.
The math seems to add up. Florida is the third most populous state in the country. And its medical cannabis market …read more […]

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Top Cannabis Stock 2019: Add This Pick to Your Watch List

Looking for a booming sector to invest in? Look no further than cannabis.
Legalization has been spreading across the country over the past several years. Eleven states and the District of Columbia have completely legalized marijuana for recreational purposes.
On top of that, 33 states have legalized marijuana for medicinal purposes.
The result? An industry worth $10.4 billion now.
Globally, the weed market is forecast to rise by more than 28% every year from 2019 to 2025, according to Meticulous Research. By 2025, given those growth expectations, the market is likely to be worth $75.6 billion.
That’s why we’re bringing you one of the top …read more […]