Month: October 2019

Traders work, as a screen shows Federal Reserve Chairman Jerome Powell’s news conference after the U.S. Federal Reserve interest rates announcement, on the floor of the New York Stock Exchange, October 30, 2019. Brendan McDermid | Reuters October is ending strong. Here’s what’s next. The market is closing out October from a position of considerable
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Innovative Industrial Properties (IIPR) – which has been one of the better performing stocks of the cannabis sector – announced yesterday a couple more acquisitions and partnerships that could bode well for this stock.  The first announcement highlighted the closing of a sale-leaseback transaction with PharmaCann LLC (PharmaCann) for a property located in Dwight, Illinois.
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Investors were tipping toward a “risk-off” position in the stock market today. Conflicting reports about the trade agreement, impeachment concerns and economic worries pushed stocks down Thursday. All said, the SPDR S&P 500 ETF (NYSEARCA:SPY) slipped 0.27%, the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) fell 0.5% and the PowerShares QQQ ETF (NASDAQ:QQQ) eked out a
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Investors continue to digest the Federal Reserve’s rate cut, while trying to price in trade-war risks and a recession in Hong Kong. Further, we continue to get a plethora of earnings reports. Let’s look at a few top stock trades. Top Stock Trades for Tomorrow No. 1: Starbucks (SBUX) Starbucks (NASDAQ:SBUX) opened higher Thursday, after
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Salesforce (NYSE:CRM) CEO Marc Benioff recently declared that capitalism is dead, suggesting that America “[Needs] a new, more sustainable, more equitable, more fair capitalism.” Benioff’s company is one of 193 American businesses that have signed the Business Roundtable’s Statement on the Purpose of a Corporation that highlight’s the need for companies to address all the
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On Oct. 23, Microsoft (NASDAQ:MSFT), released its fiscal  first-quarter results.  They showed improvement by its cloud segment, Azure, in particular and by its entire business in general. Source: Peteri / Shutterstock.com In 2019, MSFT stock is up about 40%. I believe that the strong performance of Microsoft stock has been based on robust fundamentals, which I
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MBK, a Tokyo-based and Tokyo Stock Exchange-listed merchant bank, has signed a deal for the tokenization of property in Estonia. The Japanese financial company said in an announcement on Monday it will be working with BitOfProperty (BOP), a Singapore-incorporated, Tallinn-operating enterprise that’s already selling fractional ownership of real estate in the EU member state. BOP said
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U.S. equities are treading water ahead of the Federal Reserve’s latest policy decision, with the Dow Jones Industrial Average holding near the 27,000 level. While most stocks are holding steady ahead of what is expected to be another interest rate cut, energy stocks are weakening here as West Texas Intermediate drops back below the $55-a-barrel
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(credit Fidelity.com) Gold has basically been going sideways for about 2 months now, trending sideways after a local high. There is some debate out there about what level traders should watch for gold.  Your friendly Gold Enthusiast likes to err slightly on the side of caution for several reasons.  First, keeping levels “tight” leads to
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Over the trailing year, semiconductor and technology firm Nvidia (NASDAQ:NVDA) has taken stakeholders on a wild ride. Right around this point in 2018, Nvidia stock was desperately treading water after a sharp bout of volatility. Unfortunately, the increasingly vitriolic U.S.-China trade war clouded the entire tech sector. Source: JHVEPhoto / Shutterstock.com Seemingly, though, we’re on
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