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Last week was like a bomb that hit the cannabis industry. By the time the dust settled, no less than $5 billion (C$6.6 billion) in market capitalization was wiped out from the value of the five...
With all the manufactured excitement over U.S.-China progress and oil bulls’ fantasy over where crude prices could go, it’s a little easy to lose sight sometimes of the commodities that...
Trade tensions are putting investors on the defensive, and the yen is geared up for another leg in last week’s rally.Markets appear paralyzed as investors seek a reliable view on whether there...
U.S. futures climb on new Huawei waivers; S&P 500 looks set for fifth consecutive record European stocks break higher Hang Seng outperforms after Alibaba closes Hong Kong listing order books...
Is leadership at the European Central Bank (ECB) going from the imperious to the imperial? In one of her first acts as president of the ECB, Christine Lagarde, last week, took the other 24 members of...
Reports Q3 2019 results on Tuesday, Nov. 19 before the market open Revenue expectation: $27.53 billion EPS expectation: $2.52 With the U.S. economy chugging along relatively well and consumer...
The trade deal headlines might have become tiring to the traders, but not to their machines. Headline-reading algorithmic trading models will remain alert to words like “close,”...
Sterling is gearing up for another leg higher, after UK Prime Minister Boris Johnson boasted over the weekend that every Tory candidate supports his Brexit deal. His swagger seems to have ended a...
U.S. futures climb as investors cling onto trade optimism—for how much longer? British pound completes bullish pattern as PM Johnson wins full party's support for Brexit deal Hong Kong's...
Retail week is upon us, the final portion of earnings season which traditionally closes this period of reporting. A variety of big retailers are in the spotlight in the coming week, and most have done...
Friday's record equity index trifecta resulted from U.S. trade rhetoric, but conflicting weekend reports could pressure stocks lower VIX near lowest levels since 2018 The dollar dropped on Friday...
After a powerful rally that sent major U.S. indices to new record highs last week, markets are entering a sensitive phase. The march higher could face a hurdle this coming week if the U.S. and China...
After three months of underperformance, the shares of Walt Disney Company (NYSE:DIS) are again flirting with a record high. The latest momentum is backed by investors’ enthusiasm that the...
In movie analogy, the two would be competing for the Razzie awards. And it’s hard to pick a winner between them, with performances that seem equally embarrassing.We’re talking about Wall...
Reports Q3 2019 results on Thursday, Nov. 14, after the close Revenue expectation: $2.92 billion EPS expectation: $1.52 A strong and impressive rally in NVIDIA (NASDAQ:NVDA) shares during the...
A couple of weeks back, we explored in this column the wild bronco ride that natural gas can be. After five out of six weeks in the red, gas futures on New York’s Henry Hub suddenly turned...
Federal Reserve Chair Jerome Powell was bullish on the US economy in his annual testimony to the Joint Economic Committee of Congress on Wednesday, leading him to reaffirm his earlier suggestions that...