Hilary Kramer
Big Tech Just Can’t Carry Wall Street’s Load
For a lot of investors, technology has been the only bright spot in a miserable year of pandemic, recession and election angst. But now that light seems to be dimming. All five of the titans at the top of the Silicon Valley food chain had a chance to thrill investors this week with their earnings. […]
Cannabis Corner: Good News From the North
Across the history of the cannabis industry, sentiment and fundamentals have often moved in opposite directions. That’s what makes it especially gratifying to see stocks and sales move together this week. The latest Canadian numbers reveal that cannabis sales jumped 5% between July and August, hitting a record in the process. That’s roughly $186 million […]
October Surprise: Get Ahead of The Biggest Election Shock of All
It has been a long year but at least the political clouds will clear soon. One way or another, Wall Street is now close to resolving the binary question of who will be elected president next month to begin a four-year term of service in January. The market has already endured months of analysis, second-guessing […]
Aphria Stumbles
Sometimes cannabis investors do silly things. For example, this week the big cultivators gave back about 3% of last week’s Kamala Harris-inspired rally, and the catalyst has nothing to do with the plant they produce. Aphria Corp. (NASDAQ:APHA) triggered the retreat with an 18% post-earnings loss. While some of that selling was deserved, actual cannabis […]
I am Declaring 2021 The Year of the IPO
As a difficult and deeply disrupted year enters the home stretch, Wall Street needs to stop dwelling on the recent past and obsessing over looming uncertainties. It is time to focus on the future. More than ever, that means clearing a little space in every portfolio for the newest and most dynamic stocks on the […]
Listen to the Options Market and Stop Overthinking the Election
Listen to the options market to avoid becoming one of the many investors who have essentially checked out until we know the way the votes stack up after the Nov. 3 presidential election. After all, they say, the electorate is too polarized to provide any kind of conviction and the polls cannot be trusted. I […]