And they sure do.  Here’s a very simple 3-month chart of SLV, the unleveraged US silver ETF that trades on US markets. (credit Fidelity.com) If we look at the relationship between the US Dollar index UUP (blue line) and SLV (the candlesticks), we can see that most of the time they trade in “good inverse relation” to each
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Yesterday Aphria (APHA) announced weaker-than-expected fiscal Q2 results that caused the stock to dip, but didn’t exactly send shockwaves across the cannabis sector. By now, many investors have become hardened to the reality that publicly-traded cannabis companies may continue to fall short of their revenue targets for the unforeseen future.    The Canadian pot company reported
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David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters Goldman Sachs is scheduled to report fourth-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $5.47 a share, a 9.5% decline from a
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Shares of Acasti Pharma (NASDAQ:ACST) are dropping after the company reported unsuccessful results in a Phase 3 clinical trial for its CaPre drug. CaPre is an omega-3 phospholipid that is under review by the U.S. Food & Drug Administration (FDA) for treating severe hypertriglyceridemia (i.e. high triglyceride levels). Source: Shutterstock Sometimes investing is simple. And
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An Airbus A320-212 operated by Delta Airlines takes off from JFK Airport on August 24, 2019 in New York City. Bruce Bennett | Getty Images Check out the companies making headlines in midday trading. J.P. Morgan — Shares of J.P. Morgan jumped nearly 2% after the nation’s biggest bank by assets reported stronger-than-expected quarterly results. J.P.
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If for nothing else than its dramatic valuation swing, FuelCell Energy (NASDAQ:FCEL) has suddenly become a hot commodity. Since the beginning of November, FCEL stock has jumped almost 700%, easily putting a smile on long embattled shareholders’ faces. But does this alternative energy company have the goods to sustain its resurgence into 2020? Source: Shutterstock
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It’s been a frustrating couple of weeks for investors in the gold miners (GDX), with the index barely making any progress despite gold rocketing higher on Middle East tensions. While this significant underperformance to start 2020 has likely discouraged investors, the key is that investors don’t miss the forest for the trees. The Gold Miners
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Plaid co-founders William Hockey and Zach Perret Source: Plaid Payments giant Visa is buying Silicon Valley start-up Plaid for $5.3 billion, the companies announced Monday. Plaid’s API software, often referred to as the “plumbing” behind fintech companies, lets start-ups connect to users’ bank accounts. It’s well-known among financial technology developers, but the average person interacting
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Last year wasn’t encouraging for investors in cannabis stocks. And despite the company’s comparatively strong revenues, Aphria (NYSE:APHA) stock was collateral damage as risk-off sentiment dragged the sector lower. The so-called Cannabis 2.0, in which edibles and vaping products were expected to drive marijuana-market revenues in Canada in late 2019, simply didn’t pan out and
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Recognizing that the future of media consumption is online, little-known Indian entertainment company Eros (NYSE:EROS) has tried to aggressively transform from an antiqued film business into a next-gen, hyper-growth streaming content business, something like the Netflix (NASDAQ:NFLX) of India. Source: Shutterstock.com But Eros hasn’t turned into the Netflix of India. Instead, EROS stock has plunged
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