Marijuana stocks are all the rage right now as investors get excited about Canada’s soon-to-be recreational market, which opens in a little less than three weeks. And it’s no wonder why. Canada’s recreational marijuana market is expected to generate sales of around $5 billion per year, which will be a boon to marijuana stocks and […]
Read MorePot stocks have been on a wild tear this year. For one example, look to Canadian marijuana cultivator and distributor Tilray (NASDAQ: TLRY), which went public in June. The stock peaked last week at $300 per share, an astounding 856% jump from IPO prices. And nine days later, the stock sits at $131. Despite this […]
Read MoreBank of America Merrill Lynch’s (NYSE: BAC) chief investment strategist, Michael Hartnett, said in a note to clients this week that the “Great Bull” market that came after the financial crisis is now dead as economic growth slows, interest rates rise, and debt crushes. “The Great Bull Dead: end of excess liquidity = end of excess […]
Read MoreBack in 2014, crude prices were north of $100 per barrel and energy stocks were soaring. Then there was the massive oversupply glut that sent oil prices crashing, and oil and energy stocks right along with them. After falling to under $30 per barrel in 2016, oil prices have made a comeback and are now […]
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