Stock Market

by Jim Quinn What have we become? This flu doesn’t rise to the level of a pandemic. The past year has been a pandemic of idiocy, fear mongering, government incompetence, and listening to pompous assholes like Fauci and Gates. Even the .03% is fake. Only 6% of all the deaths can actually be soley attributed

In 2020, Qualcomm (QCOM) couldn’t put a foot wrong. A series of fantastic earnings displays, resolutions to business headwinds and a favorable court case outcome, all helped propel the share price forward. But in 2021, the semiconductor giant is experiencing a bit of a wobble; Year-to-date, the stock is down by 14%. Chip supply constraints

A pedestrian walks past American multinational sport clothing brand, Nike store and its logo seen in Hong Kong. Budrul Chukrut | SOPA Images | LightRocket | Getty Images Check out the companies making headlines after the bell on Thursday: FedEx – Shares of the delivery service ticked up 3.6% after the company announced fiscal third-quarter

By Tom Kool The recent aggressive oil price rally appears to have officially come to an end, with WTI having lost more than $7 in one week. Prices began to bounce back on Friday morning. In this week’s Global Energy Alert, our trading team delves into how an inflationary environment will impact oil stocks. Sign up today to

After an absolutely horrible 2020, OrganiGram (OGI) is one of the best performing cannabis stocks of 2021 so far, with shares skyrocketing 200%. The latest leg up took place after American Tobacco announced it has partnered with OrganiGram to the tune of ~20% of the entire company. They are doing a joint venture where British American

By Matthew Piepenburg We certainly live in interesting times. Yet be you bear or bull, left or right, optimist, cynic or pessimist, one would be hard pressed to pretend that anything is, well, normal. The Controversially Insane Many are questioning why a virus with a death rate of less than .4% has shut down the global

Chairman of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh | Reuters The Federal Reserve could remain a source of angst for markets in the week ahead, with chairman Jerome Powell scheduled

The ‘corona year’ has brought us confusion: a short, sharp recession last winter; a partial recovery last summer; and a pullback during the ‘second wave’ of COVID-19 in the fall and winter. As the country now heads into its second springtime of the pandemic, JPMorgan equity strategist Dubravko Lakos-Bujas made series of observations on the

Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Visa — Shares of the payment processor fell 4.7% in midday trading after a report said the Justice Department is investigating whether business practices at the payment processor’s debit-card business is leading to unlawful market dominance. The Wall Street

By Chris Black Here we go again: Senator Rand Paul on Thursday faced master of reality Fauci once again. However, for some weird reason, Rand Paul failed to ask Bill Gates’ dog (you can find many references to Fauci on the Bill and Melinda Gates Foundation website, but just as an example, here is a

Blackstone is acquiring European environmental service company DESOTEC through its private equity funds. DESOTEC is focused on mobile purification solutions based on activated carbon technology. Blackstone’s (BX) Senior Managing Director, Jürgen Pinker said, “We are proud to invest in an innovative, mission-driven environmental leader like DESOTEC. The company is a perfect fit for our core

Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike came in 14 cents a share above estimates, with quarterly profit of 90 cents per share. The athletic footwear and apparel company’s revenue came in below analysts’ projections, however, and its full-year revenue outlook was also shy of estimates.

Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” What Buffett is advocating is the

Chairman of the Federal Reserve Jerome Powell testifies during the Senate’s Committee on Banking, Housing, and Urban Affairs hearing examining the quarterly CARES Act report to Congress on September 24, 2020, in Washington, DC. Drew Angerer | AFP | Getty Images Treasury yields flared on Thursday as bond market players grappled with the Federal Reserve’s

by Michael Snyder Is this a good economy or a bad economy?  Well, that all depends on who you are talking to.  For most Americans, economic conditions have been absolutely horrible ever since the COVID pandemic first arrived.  More than 100,000 businesses have permanently shut down, approximately 10 million Americans are in danger of being

The old “blood on the streets” axiom could apply to Plug Power (PLUG) right now. Throughout February and March-to-date, the stock’s ascent has hit a brick wall; first as part of the market wide pullback for the overvalued tech/growth/clean energy sector and, more specifically for PLUG, disappointing Q4 earnings. And this week, the hydrogen fuel

A Dollar General store in Creve Coeur, Illinois. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Williams-Sonoma – Shares of the retailer jumped more than 20% after the company beat top and bottom line estimates during the fourth quarter. Williams-Sonoma earned $3.95 per share excluding items during

By Matthew Piepenburg In our own recent reports (and frankly any report) addressing the topic of precious metals, we confronted inflation topics, including, its many tailwinds. One critical tailwind for rising inflation is rising commodity prices, which are doing precisely that: Rising. Below, we tackle the commodity issue in greater detail so that you can invest with

Shares of Upstart Holdings jumped 45% in the pre-market session as the artificial intelligence (AI) lending platform’s fourth-quarter earnings surpassed analysts’ expectations. The 57% rise in lending volumes was the primary driver. Upstart Holdings’ (UPST) 4Q adjusted earnings of $0.07 per share topped the Street estimates of $0.02 per share but declined 30% on a

Take a look at some of the biggest movers in the premarket: Dollar General (DG) – Dollar General shares tumbled 6.1% in premarket action after the discount retailer missed estimates by 10 cents a share, with quarterly earnings of $2.62 per share. The company exceeded revenue estimates as comparable-store sales increased more than expected. Signet

by Michael Snyder America has been battling illegal street drugs for decades, but we have never seen anything like this.  When the COVID pandemic hit the U.S., illegal drug use dramatically surged, and that has carried over into 2021.  As I discussed a few days ago, the amount of meth that CBP agents have seized is

From humble beginnings as an online bookstore, Amazon (AMZN) has evolved into one of the world’s biggest companies, with its remit spread across multiple sectors. However, Baird analyst Colin Sebastian says there is one particular branch of the Amazon ecosystem that is being overlooked. “We believe Amazon B2B, over the very long term, has the

Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the world’s largest economy from the impact of the coronavirus, during a news conference in Washington, March 3, 2020. Kevin Lamarque | Reuters Fed Chairman Jerome Powell soothed markets Wednesday and pushed back

by Michael Markowski The chart below which covers the yields for US 10 year and 30-year Treasury bonds from January 1940 to March 2021, was pulled from a March 4, 2021 Elliot Wave report.  The chart depicts the crashes for the Dow Jones Industrials (DJIA) and S&P 500 composite indices from 1986 to 2007, after the 30

Monday was another good day for investors of Sundial Growers (SNDL); shares added 14% in the session, further increasing the year’s plentiful bounty. So far in 2021, the stock is up by an impressive 222%. The latest leg up took place after Sundial announced it is forming a partnership with SAF Opportunities LP, a private

Plug Power hydrogen delivery truck. Source: Plug Power Check out the companies making headlines in midday trading. Plug Power – The fuel cell maker’s shares slid more than 16% after Plug Power said it will restate financial results following accounting errors. In a filing the company said the errors are primarily related to areas including

Affecting large numbers of business and hosting operations. Email servers for WebMail and many other companies rely upon the Internet’s oldest DNS and Hosting solutions. This company was at one time the ONLY name server provider when the internet was still in its infancy. Complaints are pouring in. The outage began around 5:00AM CST in

Arbutus Biopharma, a biopharmaceutical company, received the go ahead to commence the Phase 1a/1b clinical trial of AB-836, its proprietary oral capsid inhibitor for the treatment of Hepatitis B virus (HBV) infection. Hepatitis B is a life-threatening liver infection caused by HBV. As per the data released by the World Health Organization (WHO), more than

Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – AstraZeneca’s Covid-19 vaccine will be recommended for people aged 65 and older in Canada, according to a CBC report. That news comes after several European countries suspended use of the vaccine, amid reports of side effects. Both the World Health

by Michael Snyder We just witnessed one of the most exciting archaeological discoveries in decades.  For the first time in 60 years, new Dead Sea Scroll fragments have been discovered, and Israeli authorities are telling us that archaeologists will continue to carefully search the area to see if they can find more.  Due to the