Month: September 2019

After a sharp downside, Activision Blizzard (NASDAQ:ATVI) stock was in an extended period of sideways movement. But almost a year after the steep decline, Activision Blizzard stock has started moving higher. And this upside is not speculative or purely technical; ATVI has positive fundamental developments that back the current momentum. Source: madamF / Shutterstock.com I
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U.S. stock futures are trading higher this morning. The slight rebound comes after heavy selling pressure on Friday on reports that the White House was discussing potential investment restrictions for U.S. investors into China. Chinese stocks were among the day’s biggest losers with the iShares China ETF (NYSEARCA:FXI) falling 1.2% on its highest volume session
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Facebook Chief Executive Mark Zuckerberg walks past members of the news media as he enters the office of U.S. Senator Josh Hawley (R-MO) while meeting with lawmakers to discuss “future internet regulation on Capitol Hill in Washington, September 19, 2019. Joshua Roberts | Reuters Check out the companies making headlines in midday trading: Facebook – Shares
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Randal Quarles, vice chairman of supervision at the Federal Reserve, at the NABE Economic Policy Conference in Washington, D.C., U.S. on Feb. 26, 2018. Joshua Roberts Washington, D.C. — The U.S. economy is chugging along nicely even as worries over the country’s trade policy are hurting business investment, a top Federal Reserve official said Friday.
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It’s  been easy to criticize Tesla (NASDAQ:TSLA) and its brash CEO, Elon Musk. For years, Musk has specialized in overpromising and underdelivering, hurting TSLA stock in the process. Source: Sheila Fitzgerald / Shutterstock.com He’s developed something of a habit of suggesting he doesn’t think his company will need to raise more cash, only to issue
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The broad market is a step away from record highs. Yet as we approach another earnings season, markets face uncertainty as to how the trade wars will develop and whether tensions with Iran will keep heating up. Therefore today, I am going to discuss three blue chip stocks that are appropriate for long-term portfolios: CVS
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Lyft (NASDAQ:LYFT) stock continues its slide. Its short-term fortunes have worsened as new laws in California will now force the company to treat drivers as employees rather than contract workers. Source: Tero Vesalainen / Shutterstock.com This bill may actually make little difference to Lyft’s future. Longer term, LYFT could still become not only profitable but
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Recent highly publicized flops by supposedly disruptive companies could be painting an unpleasant picture ahead for innovation, at least in how it’s viewed in the financial markets. Investors have turned thumbs-down on high-profile companies including WeWork, Uber and Tesla. Industries including marijuana, vaping and bitcoin all have seen big price drops following a spate of
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If you follow the cannabis industry, you are probably familiar with Canopy Growth Corporation (NYSE:CGC). In August 2018, CGC was considered to be one of the pioneers and leaders of the industry. Analysts and the financial media were very bullish on its prospects. In the months leading up to Canadian legalization of cannabis in October
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Bulls had a tough session in the stock market today, as headline risk continues to rise. Equities were trading higher Friday morning before reports began circulating about President Donald Trump’s stance toward Chinese equities. The news instantly hit the S&P 500, which initially tried to recover from the losses, but was met by sellers at
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Silver rallied 4% to start the week, and has now erased more than half of its recent correction.  Bullish sentiment continues to remain elevated on silver, with bullish sentiment closing at 79% yesterday. While the lows may be in after the recent drop to $17.50oz, I would expect us to re-test these lows before making
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