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Last week was like a bomb that hit the cannabis industry. By the time the dust settled, no less than $5 billion (C$6.6 billion) in market capitalization was wiped out from the value of the five...
Retail week is upon us, the final portion of earnings season which traditionally closes this period of reporting. A variety of big retailers are in the spotlight in the coming week, and most have done...
The trade deal headlines might have become tiring to the traders, but not to their machines. Headline-reading algorithmic trading models will remain alert to words like “close,”...
After three months of underperformance, the shares of Walt Disney Company (NYSE:DIS) are again flirting with a record high. The latest momentum is backed by investors’ enthusiasm that the...
A couple of weeks back, we explored in this column the wild bronco ride that natural gas can be. After five out of six weeks in the red, gas futures on New York’s Henry Hub suddenly turned...
Federal Reserve Chair Jerome Powell was bullish on the US economy in his annual testimony to the Joint Economic Committee of Congress on Wednesday, leading him to reaffirm his earlier suggestions that...
Cisco Systems (NASDAQ:CSCO) is scheduled to release corporate results after market close today. The forecast calls for EPS of $0.81 and revenue of $13.07 billion — slightly lower than the...
‘Tis the season to be chocolatey. As the top time of the year for bakes and other treats approach, demand and prices for cocoa, the world’s No. 1 confection and beverage commodity is also...
New Zealand’s dollar slumped after a weakening in inflation expectations spurred bets on a rate cut tomorrow. Taking a longer view, however, the market will soon make up its mind between a...
It’s shaping up to be a pivotal week in the cannabis sector as several big names are set to unveil their latest earnings, beginning later today and continuing through Thursday. Given the cluster...
They rose together on the bullish fervor that only the rare confluence of events like the trade war and Fed easing can bring. Now silver, often called the poor man’s gold, looks set to share the...
* Reports Q1 2020 results on Wednesday, Nov. 13, after the close* Revenue expectation: $13.07 billion * EPS expectation: $0.81 Having warned that the global slowdown is starting to hit its business,...
For 16 months, the trade war theater has played to packed audiences from Washington to New York and Beijing to London. Adding subplots almost daily, the drama seems to have an infinite capacity for...
U.S.-Sino trade 'truce' as “phase one” agreement emergesU.S.-Sino trade 'truce' as “phase one” agreement emergesChances improve for a Brexit deal, reducing some geopolitical...
* Reports Q4 2019 results on Wednesday, Oct. 30, after the close* Revenue expectation: $62.94B * EPS expectation: $2.83 Apple Inc (NASDAQ:AAPL) is among a very limited number of technology companies...
A week ago, I wrote in defense of the U.S. oil supply-demand data put out by the Energy Information Administration each Wednesday.I argued specifically about the production estimate in the EIA’s...
Investing in turnaround situations comes with a big challenge: when to make the call that a company has seen the worst and its stock is in a position to begin a sustained upward move?Investors who...