Hilary Kramer
The Biotech Boom Is Bigger Than COVID-19 Vaccine Wars
For months, two themes have distracted Wall Street from what could have easily turned into a year of pandemic despair. Technology stocks don’t get sick and biotech stocks are working on a cure. It was great while it lasted. Big Tech recovered all its initial COVID-19 losses and ended August up a staggering 40% from […]
CANNABIS CORNER: Robust Revenue
Looking at the past year in the cannabis market reveals that the industry as a whole remains in good shape. People are still buying marijuana and its derivatives for medicinal and recreational purposes. The only problem is in the way Wall Street has mapped this particular landscape. The stocks that investors favored a year ago […]
Volatility Check: Is the Tech Crash Here?
They’re calling this the fastest bear market on record for Apple Inc. (NASDAQ: AAPL) and people who don’t know Wall Street are convinced that the ultimate floor is a long way down from here. After all, when the S&P 500 swings down 4% on a given day, vast paper wealth can evaporate in a matter […]
New Green Leadership
The more I crunch the numbers on the ongoing rotation of money through the cannabis industry, the better the middle-term view looks. We might finally be seeing the green light at the end of a long tunnel. Admittedly, it has been a miserable year. Across the stocks I track, close to $900 million in investor […]
The Fed Can’t Print Metal as Tech Stocks Crumple
What did I tell you? The hottest tech stocks rallied too hard and yesterday they took a big step back. Looking at the charts, Silicon Valley giants have another 15-30% to fall before finding support. Big names like Apple Inc. (NASDAQ:AAPL) and Amazon.com Inc. (NASDAQ:AMZN) will recover, of course. They just need a little time […]
Green Shoots at Last?
It looks like the lingering buzz around GrowGeneration Corp. (NASDAQ:GRWG) is brightening the mood in the broader cannabis group. If this is the start of a larger bull trend, we’re in for some fun. Right now, of course, the change is very subtle. Last week saw a net $530 million flow out of cannabis stocks […]