“We have a great new Brexit deal,” UK Prime Minster Boris Johnson tweeted on Friday. European Commission President Jean-Claude Juncker even tweeted, “Where there is a will, there is a deal – we have one! It’s a fair and balanced agreement for the EU and the UK and it is testament to our commitment to…
DetailsMarkets may be pricing in trade war resolution. But that euphoria may not last. It all depends on who blinks first. At the moment, there are no written agreements between the U.S. and China. At the moment, the U.S. has delayed 30% tariffs on $250 billion worth of Chinese goods. China agreed it would address…
DetailsIt looks like the trade war may be cooling off again. Just the other day, the U.S. and China agreed to the first phase of a trade deal that will not delay tariffs set for next week. Reportedly, the deal will address intellectual property and financial concerns, along with Chinese purchases of $40 billion…
DetailsThe trade war will not end well. Heck, this week may not end well. All because China and the U.S. cannot find common ground. China may be preparing to hit back hard in the trade war. In fact, the Chinese Ministry of Commerce said it “strongly urges” the U.S. to back off after the White…
DetailsThe U.S. and China are scheduled to meet later this week. But chances aren’t good we’ll see any progress – at all. In fact, Vice Premier Liu He already noted his offer to the U.S. will not include commitments on reforming Chinese industrial policy or subsidies, as reported by Bloomberg. The problem is those are…
DetailsMarkets are in trouble. At the moment, the Dow Jones is well under its 50-day moving average, and could fall further unless there’s substantial news to push it higher. Adding to the pressure, the House Oversight Committee is now expected to issue a subpoena to the White House regarding Ukraine documents. President Trump is expected…
DetailsStock losses are accelerating. At the moment, the Dow Jones is now down 330 points. The NASDAQ shed 88, as the S&P 500 falls 35 points. All as U.S. manufacturing woes scare the Street. Just this morning, the ISM September survey on manufacturing registered at 47.8%, down from 49.1% from July. It’s also the 50.2%…
DetailsThis October, Canada may create a sizable opportunity for big cannabis stocks. A year after Canada legalized dried cannabis flower, oils, and sprays, the country is expected to legalize edibles, beverages, and topicals on October 17, 2019. Some of the top stocks to keep in mind, as we near that date include: Aurora Cannabis, which…
DetailsYou’re probably hearing a lot about the coming 5G boom. And there’s reason for that. Not only investors getting excited for the opportunity, analysts are, too. In fact, many believe 5G could usher in a $12 trillion opportunity. Cowen & Co. analysts have already called it a “revolution.” President Trump tweeted, “I want 5G, and…
DetailsHere are the top stories you may have missed. Two of the Top Biotech Stocks with Sizable Catalysts It’s tough to discount the bullish case for biotech and pharmaceutical stocks. For one, millions of retiring baby boomers not only exploring new ways to stave off signs of aging, they are looking to postpone health-related decline…
DetailsMistakes will be made, even by the pros. However, if you’re aware of potential issues, the better off you are. They Don’t Have a Trading Plan Experienced traders get into a trade with a plan. They know exact entry and exit points, the amount of capital to invest in the trade and the maximum loss they…
DetailsIt’s tough to discount the bullish case for biotech and pharmaceutical stocks. For one, millions of retiring baby boomers not only exploring new ways to stave off signs of aging, they are looking to postpone health-related decline and even death. In addition, we’re seeing countless mergers and acquisitions. We’re also seeing new, innovative treatments for…
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