In a press conference detailing the $1.3 trillion omnibus government funding bill President Trump announced he would sign, the president mentioned in passing that “we’ll be suing” certain drug companies related to the opioid crisis. Opioid manufacturers include privately held Purdue Pharma, which makes OxyContin, and Johnson & Johnson (JNJ) unit Janssen Pharmaceuticals, which makes…
Written by Sean Mason of SmallCapPower.com …To take advantage…[of] another potential upswing in the market, we have selected five cannabis companies, which analysts believe are undervalued. The Canadian marijuana stocks on our list today currently have 100% upside on average according to analysts, indicating that these stocks could post strong returns in the near-term. 1….
Talking Points: UK inflation-wages gap narrows further, set to turn positive. Two MPC members voted for an immediate 0.25% rate hike on Thursday. EU/UK agree Brexit implementation period. Fundamental Forecast for GBP: Bullish We have changed our outlook for GBP to bullish from neutral after a positive week of news for the British Pound. We would however warn against…
China has threatened to retaliate on US tariffs. For now, Trump will hold off on the EU, but only if the EU cooperates. The US, EU, and China are all sharpening trade swords. China’s Retaliation List Includes Boeing and Soybeans. For now, Trump has backing off on the EU. The EU gets a temporary reprieve on…
When it rains, it pours. That is how Facebook (FB) founder Mark Zuckerberg must feel after suffering two black swans in two days, and a $9 billion drop in his personal net worth. Not that he’d notice. That is great news for us, as it gives all a chance to get into the shares of one of…
General Stock Market Commentary MON Sector Strength – TUE Rates – WED Medium-Term – THU Commodities Currencies – FRI Sentiment – SAT Longer-Term The Short-Term Trend The PMO index is looking a lot closer to the low of its range. This the level where we start looking for the market to bottom out, and…
Eldorado Gold (EGO) is a popular gold mining stock. Specifically, it is an intermediate gold producer with mining, development and exploration operations in Turkey, Greece, Romania, Serbia, Canada and Brazil. The company has a portfolio of high-quality assets, and long-term partnerships with the communities where it operates, but has faced some issues with political matters and mining access issues in recent…
The markets have had a rough first quarter. After inflation and rate hike fears spooked the markets in February, it saw a slight recovery as wage growth slowed. However, March has not been welcoming either, as President Donald Trump’s plans of imposing tariffs didn’t bode well for the markets (read: Watch These ETFs as Trade War…
Today the market has been on edge over, and traders are obsessed with, just one question: how will China retaliate to Trump’s trade war and tariffs. After all, the initial response of a modest 15-25% tariff on $3 billion in 128, mostly agricultural, products, seemed laughably small and appeared to be more of a warning shot than a…
