Minutes before attacking Iran, President Trump changed his mind in June 2019. “We were cocked & loaded to retaliate last night on 3 different sights when I asked, how many will die. 150 people, sir, was the answer from a General. 10 minutes before the strike I stopped it,” Trump tweeted. “Not proportionate to shooting…
DetailsWe could see sizable trade war progress this weekend. All after Treasury Secretary Steven Mnuchin said the U.S. and China were “almost there” on a trade deal. “We’re about 90% of the way there (with a deal) and I think there’s a path to complete this,” he told CNBC. He also confident President Trump and…
DetailsCBD just got another major shot in the arm. Just days ago, Kroger announced it would sell CBD products in nearly 1,000 stores. While it won’t sell CBD-infused groceries yet, it will carry CBD topical products, including creams, balms and oils in 945 stores across 17 states. The company joins a growing list of other…
DetailsCryptocurrencies are alive and well. After a disastrous 2018, Bitcoin (BTC) for example has exploded from a 2019 low of $3,782 to a high of $10787 with sights set on $11,704. That’s after the coin broker well above July 2018 and May 2018 resistance. Now, if it can break above March 2018 resistance, it could…
DetailsOne of the greatest investment opportunities are the Dogs of the Dow. And while some analysts may write off the Dogs of the Dow theory as antiquated, it’s just not true at all. In 2011, there were up 16.3%. In 2012, they jumped 9.9%. In 2013, they returned 34.9%. In 2014, they returned nearly 11%. …
DetailsIn recent weeks, cannabis stocks have struggled. However, the long-term story is still strong and intact. More states are approving its use. Corporate America has quickly woken up to the immense opportunity. The global community is racing to keep up with demand. And it won’t be long before the U.S. full legalizes its use at…
DetailsHere are some of the top stories you may have missed over the last week. Top Energy ETFs as Tensions with Iran Worsen Tensions were boiling over with Iran, mid-2019. In fact, in June 2019, Iran allegedly attacked two oil tankers near the Strait of Hormuz, allegedly attacked four oil tankers off the coast of…
DetailsTensions were boiling over with Iran, mid-2019. In fact, in June 2019, Iran allegedly attacked two oil tankers near the Strait of Hormuz, allegedly attacked four oil tankers off the coast of the United Arab Emirates, and after it allegedly supported drone attacks on oil infrastructure and an airport in Saudi Arabia. Then, Iran threatened…
DetailsYou may want to keep an eye on oil prices. After slipping to $52.50 in recent weeks, we could see higher highs, as tensions begin to boil over with Iran in the Strait of Hormuz. All after two oil tankers were attacked. It’s now the second time in a month that tankers have been struck in…
DetailsFearful investors are running from chip stocks. All after Broadcom (AVGO) missed revenue expectations and lowered guidance for 2019. Revenue for the second quarter came in at $5.52 billion, as compared to expectations for $5.6 billion. The chipmaker also now expects $22.6 billion in revenue for the year, which is well below expectations for $24.31…
DetailsOriginal Article. As low mortgage rates bolster demand and the economy remains supportive, homebuilder stocks are now the preferred proxy for housing market demand for analysts at Wedbush, according to a note published Thursday. To read more on this developing story, click here.
DetailsOriginal Article. Economists expect the Fed to try to back away gracefully from that stance with a new pledge to cut interest rates, if warranted. Over the last few weeks, escalating trade tensions and a sense that the economy is on a slowing trend have led the market to price in over two cuts this…
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