News and Updates
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.
3 Red Hot IPO’s You Need to Know About
A flurry of really cool stock IPO’s began trading on the NASDAQ exchange in the last week and I want my clients to know about all of them. Here’s a quick run down on all three and what to expect moving forward.
Chewy IPO Jumps 67%: Buy, Sell or Hold?
Stock IPOs are one of Wall Street’s most exciting events.This is the time when shares of a company first become available for to buy. Its a great chance for investors to get in on the ground floor. Today – I am going to share an exciting new stock IPO that just began trading on the New York Stock Exchange on Friday. Shares exploded higher for a 67% gain in one day.
Cannabis IPO Alert: Harborside Set to Trade on Monday
Harborside is a major player in the California cannabis industry – it has been around since 2006 and was one of the first six companies in the state to get a license to sell medical. From there the company has flourished. Today Harborside owns 34 dispensary licenses with more than 300,000 registered customers.
S&P 500 Up 4.4% this Week – New Rally Here?
After a weak May, US stocks saw a very nice rebound this week. Based on the chart and some...
Recession in 2020? Here’s How Stocks Perform
Investors are nervous about a recession hitting in the next 12 months. If it happens, history...
Illinois Senate Passes Bill to Legalize Recreational Cannabis – 2 Cannabis Stocks Looking to Cash in
The Illinois Senate just passed a bill to legalize recreational cannabis – placing Illinois in position to grow into one of the largest cannabis markets in the US. Today I am going to reveal two cannabis industry leaders ready to capitalize – Cresco Labs (CL, CRLBF) and Green Thumb Industries (GTI, GTIBF).
Cannabis Sector up 25% in 2019 – Here’s What’s Next
The cannabis sector suffered a very tough bear market in the fourth quarter of 2018. The cannabis sector became over sold – and it ended up creating a great buying opportunity and a sharp rebound in the first quarter of 2019. Looking forward I am optimistic on cannabis stocks. June and the second half of the year have been seasonally strong periods for the cannabis sector.
S&P 500 Down 5% From All-Time High – Time to Panic?
Global stocks are nervous about US, China trade relations, with the S&P 500 down 5% from the...
Illinois Aiming to Legalize Cannabis – 2 Early Industry Leaders Ready to Pounce
Illinois is aiming to become the next US state to legalize recreational cannabis. According to a recent study by Colorado-based cannabis consulting firm Freedman and Koski, annual recreational cannabis sales could be between $1.7 billion and $2.7 billion per year – making Illinois one of the largest cannabis markets in the US.