News and Updates
S&P 500 Just Below the 52-Week High – Rebound or Head Fake?
The US stock market is showing resilience in the face of adversity. Despite the threat of recession and the US, China trade battle, the S&P 500 jumped 2.2% this week. That push higher has US stocks trading just below the 52-week and all-time high.
Canopy Jumps 14% in 4 Days – New Rally or Head Fake?
The cannabis sector has been stuck in a bear market for the last few months. But now – the sector is flashing some early signs that the sell off could be over and the sector is ready for a rebound and new rally.
Trade War, Recession, Election – Panic or Buy?
Stock market volatility has been picking up in August – on display with Friday when the S&P 500 fell 2.5%. Today I am going to explain why stocks are getting more volatile, what I expect in the next 12 months and how my clients can adjust their portfolios to better manage.
Cannabis Sector down 50% from 52-Week High – Don’t Panic
The cannabis sector continues to struggle in a bear market after Canopy Growth Corp (WEED, CGC), the largest cannabis company in the world, reported disappointing second quarter results after the bell yesterday. Today I am going to provide a sector update and share my outlook for the next few weeks.
Gold up 16% in 2019 – I See More Gains Ahead
For all the gold bugs out there – it’s time to start paying attention to gold again. After a nasty 8-year bear market, precious metals are moving back into a bull market. The price of gold is up 16% in 2019.
Match Shares Jump 20% on Strong Q2 Earnings
We saw some great news from one of my favorite growth stocks that many of my wealth management clients have owned for years. Global leader in online dating Match Group (NASDAQ: MTCH) jumped 20% today, hitting a new all-time high after reporting awesome second-quarter results that crushed expectations. Here are some highlights from the press release.
Cannabis Sector up 12% in 2019 – What’s Next?
Cannabis stocks got off to a blazing start to 2019 – trading deep into the green early in the year. But the sector has been weak for the last few months, falling into a bear market. Today I am going to provide an update on what has been going on and what to expect in the second half of the year.
S&P 500 Second Quarter Earnings Expected to Grow 4.4%
Second quarter earnings season has arrived. This is one of the most important events of the quarter. The earnings results – and even more important earnings outlook – should guide the stock market for the next few weeks and months.
Canopy Growth Corp (WEED, CGC) Most Oversold in 4 Years – Time to Buy?
The cannabis sector has had a very tough three months. However – this string of weakness has created one of the best opportunities in the last four years. Today I am going to explain what is happening – and show you a chart pattern that has led to enormous gains in the last few years.
S&P 500 up 20% in First Half of 2019
Global stocks had an excellent first half of 2019. Today I am going to share a review of the action and reveal what we should expect in the second half of the year.