Month: December 2018

The collapse of the cryptocurrency market has created an unexpected glut for semiconductor stocks. This took the industry from shortage to surplus overnight. An ongoing trade war with China has further compounded the problem as uncertainty surrounded this growth market. As a result, one-time high flyers in the industry have suffered huge losses as investors
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Often, when analysts or bloggers talk up the potential of marijuana stocks, the focus is on the consumer side of the industry. But some of the best stocks in the pot sector may be medical marijuana stocks. Indeed, it’s on the medical side where growth likely is to be largest in the near term. Canada
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It’s time to get defensive. The Nasdaq is now in a bear market, with investors fleeing the tech sector. That’s down to mounting worries over slowing economic growth. “Investors should increase portfolio defensiveness given our forecast for heightened risk and fat tails,” Goldman Sachs analyst David Kostin told investors recently. A fat tail is Wall Street
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When Kevin Zraly first started studying wines almost 50 years ago, it wasn’t the most popular alcoholic beverage in the U.S. “People looked at me like I was nuts studying wines,” Zraly said. “All my friends were drinking beer.” At 21, Zraly hitchhiked to California to get exposure to the wines there. And after graduating
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Advanced Micro Devices (NASDAQ:AMD) is in a particularly tough spot. Not only is the stock caught up in a wave of selling like the rest of the S&P 500 and Nasdaq, but a decline in crypto-fueled chip demand is pouring extra pain on the stock. While the Nasdaq is down about 18% on the quarter,
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The troubles facing Snap (NYSE:SNAP) and SNAP stock continue to increase. The company has failed to develop successful products aside from its core Snapchat app. In 2018, its financial losses mounted, many of its executives departed, and fewer users logged on to Snapchat. As a result, SNAP stock is now flirting with penny-stock status. These circumstances,
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Turmoil in Washington, D.C., has caused unnecessarily drastic declines in the stock market in recent weeks, UBS’ Art Cashin told CNBC on Friday. “I think we lost maybe a couple of thousand points that we didn’t need to because of the disruptions that we saw,” including the ongoing government shutdown and President Donald Trump’s attacks
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The Wall Street Journal reports Apple has lost nearly $9 billion this year buying back its own stock. Apple is one of those buyback monsters that has spent significant money to buy back their stock, not just this year but since 2013 Apple’s share count has declined from 6.5 billion shares to 4.5 billion —
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