iStock.com/monsitj I Couldn’t Help But Notice DRYS Stock The stock market is so strange these day. The reason I am stating this is that, while the markets have been selling off relentlessly in recent weeks, a handful of shipping stocks have been bucking the trend and showing serious signs of... Read more
iStock.com/PLG ACB Stock Forecast Aurora Cannabis Inc (NYSE:ACB) has a lot going for it, but the company’s long-term potential is being overshadowed by the stock market correction that’s hammering the broader market. In September, the Edmonton, Alberta-based marijuana company reported strong fourth-quarter and full-year results. On October 18, Aurora stock... Read more
iStock.com/Yurich84 SHOP Stock: The Bull Market Is Fractured The month of October has not been kind to stocks. I believe that this round of selling pressure has cracked the foundation of this bull market because quite a bit of technical damage has been done to the major market indices. Going forward,... Read more
iStock.com/smodj CGC Stock Forecast The immediate future of the marijuana industry looks dour. With a correction just beginning, it’s likely that we won’t see significant gains from the industry until another large outside investment or some other breaking news turns the industry around. Despite the near-term outlook, however, Canopy Growth... Read more
iStock.com/Creative-Family Marijuana News Today The marijuana news today is continuing on a positive trend as Molson Coors Brewing Co (NYSE:TAP) announced that the company would be bringing cannabis-infused beverages to the Canadian market within a year. The company expects to “secure a meaningful share” of the cannabis-infused beverage market... Read more
iStock.com/bluebay2014 CGC Stock: Failed Signals Are Powerful Indications The market conditions are far from stellar. To be honest, they are quite atrocious. The month of October has not been kind to stocks, and I fear that this is only the beginning of a very large correction. This recent round of... Read more
iStock.com/Jaroslav Frank Market Looks to Apple for Assurance Mark November 1 on your calendar. Not because we will be closing off a horrific October for stocks that saw the Nasdaq and Russell 2000 indices plummet into correction territory, but it’s the day trillion-dollar behemoth Apple Inc. (NASDAQ:AAPL) reports. The... Read more
iStock.com/gonin Marijuana News Today The marijuana news today marks a continuation of the correction that pot stocks have been steeped in since marijuana legalization went into effect in Canada. Meanwhile, the Australian marijuana market is showing big promise for the future. First, the good news. Australia’s medical marijuana business... Read more
iStock.com/joel-t IBM Takes a Significant Step to Lead in Hybrid Cloud International Business Machines Corporation (NYSE:IBM) announced Sunday that it would acquire Red Hat Inc (NYSE:RHT), the world’s leading provider of open-source cloud software. IBM is set to acquire the company for $190.00 per share in cash, representing a... Read more
DENVER — A federal trial in Colorado could have far-reaching effects on the United States’ budding marijuana industry if a jury sides with a couple who say having a cannabis business as a neighbor hurts their property’s value. The trial set to begin Monday in Denver is the first... Read more
