Friday, August 12, 2022
Market High on Aurora Cannabis as Peltz Joins Pot Grower

Market High on Aurora Cannabis as Peltz Joins Pot Grower

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Cannabis stocks have been on fire since last summer, and the buzz continued today as a major financier joined the industry. Early leader Tilray (TLRY)...

‘Boring’ May Be The New Bullish: Healthcare, Insurers,and Food Stocks Break Out as the...

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The S&P 500 continues to hit new highs, but a strange mix of stocks is leading the advance. Pharmaceuticals, medical devices, insurers and food companies...

Facebook, Amazon.com Miss, Apple Struggles with Supply Chain, Microsoft Jumps: Earnings This Week

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Quarterly results from Apple, Amazon.com and Facebook came up short this week, but Microsoft and Alphabet jumped to new highs. It was the busiest period...

Is Biotech Quietly Breaking Out?

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Biotechnology stocks are trying to break out as investors await potential catalysts after Labor Day. The iShares Nasdaq Biotech ETF (IBB) has closed at new...

Health Care and Brazil Remain Strong

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A lot of catalysts are vying for attention after last week's sharp drop, but two earlier trends seem to remain intact. First, health-care stocks enjoyed...

Wider Fears Amid Some Good Results: Earnings This Week

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A handful of big companies announced strong results in the last week, but wider problems are tarnishing the story. Feeble semiconductor demand, doubts about the...
Stocks Remain Trapped as Market Waits for More Information

Stocks Remain Trapped as Market Waits for More Information

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Stocks failed to break out last week as investors keep worrying about major global events like trade and Brexit. The S&P 500 rose 0.5 percent...
Stocks Pause Ahead of Fed Meeting, Major Technology Earnings

Stocks Pause Ahead of Fed Meeting, Major Technology Earnings

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Stocks are pausing with several important and uncertain events looming this week. The S&P 500 fell 0.3 percent between Friday, July 17, and Friday, July...

Traders Toking Profits as a Red-Hot Space Gets Smoked

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Buy the rumor, sell the news. The old adage is playing out today as weed goes legal in Canada. Cannabis stocks have been pretty much...

Investors Shift to Safe Havens, Shunning Riskier Stocks as the Fed Taper Approaches

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The S&P 500 fell yesterday, but a new kind of stock seems to be breaking out. Consumer staples, real estate investment trusts and utilities hit...
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