Stock Market

by Martin Armstrong The markets have been dominated by the elections and COVID. The future is clearly being dictated by what is taking place politically on a global scale. When we look around the world we clearly see that even the German share market is positioning itself as an alternative to bonds. The commodities are

On Dec. 23, Ayr Strategies announced the acquisition of CannTech PA for $57.4 million. AYR Strategies’ (AYRWF) purchase consideration consisted of $27.2 million in cash and $15 million in exchangeable shares. The acquisition includes a 143,000 sq. ft. cultivation and processing facility on 13 acres. Additionally, the first phase of the planned build-out of the

Investors of Citigroup Inc. who purchased company shares between January 15, 2016 and October 12, 2020, and lost more than $100,000 have been encouraged by Rosen Law Firm to join a class action lawsuit before the lead plaintiff deadline expires on December 29, 2020. The class action has already been filed and the lead plaintiffs

Software provider SolarWinds announced that it has released updates to its Orion platform products in response to the Supernova malware attack. SolarWinds (SWI) released updates for all supported versions of its Orion platform products and a fix for customers on unsupported versions of these products. The company previously provided two hotfix updates on December 14

by David Haggith In my last Patron Post, which I eventually made available to everyone, I revealed a little-known (at the time) fact that M1 money supply (the most liquid forms of cash — bills, checks and basic savings accounts) had grown faster than any time in history. I showed that using a graph like the following,

PepsiCo has partnered up with Dada Group, China’s leading local on-demand delivery and retail platform, in a move to boost its market share in the carbonated drinks market. As part of the partnership aims to develop a “flagship” carbonated drinks brand to improve online distribution and marketing efforts across the supply chain. PepsiCo (PEP) has

by Chris Kimble It’s truly amazing how important Fibonacci retracement and extension price levels are… and there’s no better place to highlight them than on a chart! Today we look at a long-term “quarterly” chart of the Dow Jones Industrial Average (since 1964). Using 1974 as a major “quarterly” low and measuring that to the

Inovio Pharmaceuticals reported that Phase 1 clinical trial data evaluating its INO-4800, showed that the COVID-19 vaccine candidate was immunogenic in 100% of the participants and induced neutralizing antibody responses. Shares rose 1.9% on Thursday. In addition, INO-4800 demonstrated favorable safety and tolerability, with no serious adverse events reported, Inovio (INO) said. The vaccine candidate

By Chris Black Let me begin by wish you all Merry Christmas.  While we are sitting here wearing face diapers and being told we’ll kill grandma if we come within 100 feet of her house, the Chinese are going to malls and movie theaters without masks. Laughing at how stupid the rest of the world

Royal Dutch Shell has acquired a 50% operating stake in the Fuerte Sur, Purple Angel and COL-5 blocks, located in deep water off the Colombian Caribbean coast, from Colombia’s state-owned oil company, Ecopetrol. Shell’s (RDS.A) involvement is seen as a great opportunity for Colombia to develop its energy potential in a safe and efficient manner.

Canada’s leading electricity power generator TransAlta announced the sale of its power transmission assets in Canada and the US to its majority-owned subsidiary TransAlta Renewables Inc. for a total value of C$439 million. The company also announced a 6% increase in its dividend per share to C$0.045 for the quarter ending March 31, 2021. The

by Chiliad5 The media pull the same 300,000+ figure for the U.S. from the same source this bogus Chinese number comes from. This should be the biggest story in the world – a nation of 1.4 billion, where the virus originated, somehow completely eradicating it. It’s all bullshit. Their numbers are ridiculously artificially low, ours

Borr Drilling updated investors that it has been working actively with its creditors on a plan to bolster its cash buffers by $925 million over the next two years. Shares gained 1.4% at after-hours trading on Thursday. Specifically, Borr Drilling (BORR) said that it has now secured support from its creditors for the two-year $925

It is true that following the year’s seismic events, most won’t look back fondly on 2020. However, if you happen to be a Qualcomm (QCOM) investor, you might have some good memories to tap into. The semiconductor giant has provided shareholders with a long list of positive developments – from blowout earnings, to favorable court

Check out the companies making headlines in midday trading.  Nikola — Shares of the electric vehicle company shed more than 3% as the stock continued its slide after the announcement of the end of a garbage truck development deal with Republic Services. The stock lost 10.7% on Wednesday. Wedbush Securities called the announcement “a tough

by BlueIce5 I feel like a greater emphasis on this should be made. Or maybe Trump should spend press conferences going over the endless examples with charts. It’s interesting that there is no real way to get beyond their filter as journalists are the ones who deliver the message.

Caesars Entertainment Inc. announced today that it will sell its Southern Indiana operation to Eastern Band of Cherokee Indians (EBCI) for $250 million. Once the deal has been completed, EBCI will then enter into a new annual lease agreement with property owner VICI Properties Inc. for $32.5 million per annum. EBCI will continue to use

Take a look at some of the biggest movers in the premarket: FireEye (FEYE) – The cybersecurity firm’s stock is 2% lower in premarket trading, after rising for four straight sessions and eight of the past 10, gaining more than 78% over the latter stretch. Shares of this and other cybersecurity firms have been rising,

by Michael Snyder Once a child figures out that you have been lying about Santa Claus for years, how can you expect that child to believe you about anything else?  Many regard the tradition of pretending that Santa Claus is real to be relatively harmless, but the reality of the matter is that millions upon

Vale and BHP (BHP) on Dec. 23 announced that they will resume iron ore pellet production at their Samarco Mineração joint venture following a dam rupture in 2015. Vale (VALE) plans to resume Samarco operations at the Germano complex in Minas Gerais and the Ubu complex in Espírito Santo, located in Brazil. Vale and BHP

by TheyreGoodDogsBrent Source: The non-partian Commitee for a Responsible Budget which analyzed the full test of the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 which is Division M of H.R. 133. Numbers are estimates of 10 year costs and are in billions of US dollars. Tool: Sankeymatic Edit: Cleaner version with less category crossings. SkaneyMatic code in case someone wants to

Can you feel the ground moving beneath your feet? Shares of Ocugen (OCGN) skyrocketed over 800% in the past three trading sessions after the biopharmaceutical company disclosed it had signed a binding letter of intent (LOI) with India based Bharat Biotech to co-develop a COVID-19 vaccine for the U.S. market. Bharat’s offering COVAXIN, a whole-viron

CEO and founder of U.S. Nikola Trevor Milton Massimo Pinca | Reuters Check out the companies making headlines in midday trading.  Carnival, Norwegian Cruise Line, Royal Caribbean — Travel stocks rebounded from steep losses earlier this week on fears about the new Covid strain in the U.K. Carnival and Norwegian Cruise Line popped more than

by khell Who has changed the description of herd immunity at Coronavirus info site. Now it implies that only way to achieve herd immunity is with vaccination. This sums it up pretty well: “Herd immunity is achieved by protecting people from a virus, not by exposing them to it” “‘Herd immunity’ exists when a high

Following the exit of founding CEO Trevor Milton, Nikola Corporation (NKLA) has had a lot to prove. The new CEO has continued to move the company forward, but the General Motors partnership never materialized and the stock has now slumped to $15. As the electric vehicle space has heated up in the Fall, Nikola has

Take a look at some of the biggest movers in the premarket: Pfizer (PFE) – Pfizer and the government struck a deal for the drugmaker and partner BioNTech (BNTX) to provide 100 million more doses of its Covid-19 vaccine, increasing the total that Pfizer has agreed to provide to 200 million. The extra 100 million

by Michael Snyder One of the big reasons why so many Americans are angry about the size of the “stimulus payments” in the COVID relief bill that Congress just passed is because this year has truly been a “financial disaster” for millions upon millions of people.  More Americans than ever before are just barely scraping

U.S. Bancorp approved a share buyback plan of up to $3 billion, beginning from Jan. 1. The move followed the Federal Reserve’s bank stress test results of December 2020, which lifted restrictions on share repurchases. U.S. Bancorp (USB) said that “it will utilize the share repurchase program at its discretion as it continues to monitor

by Przemyslaw Radomski via Sunshine Profits Gold prices fell in Tuesday’s trading, on fears of a new and faster spreading strain of the coronavirus in the U.K. Meanwhile, the U.S. dollar strengthened and appears to be poised for a resurgence, which does not bode well for the price of gold in the coming weeks. Is the top in

The conventional wisdom is that we’re on the cusp of another major stock market rally. 2020 has been a volatile year, with the unprecedented ‘coronavirus recession’ in February and March, followed by a bull run through the summer and fall, with increased volatility in late autumn, as investors tried to make sense of the elections