There’s nothing quite like a volatile stock market to start rattling nerves and make people wonder how long it’s going to last, or if the market will ever be the same again. After coming within a whisper of official bear market territory on Monday, stocks rebounded strongly, as all three major market indices rallied more […]
Read MoreThe market closed a volatile week with yet another selloff on Friday, and has managed to push both the S&P 500 as well as the Dow Jones Industrial Average nearly into correction territory with the NASDAQ 100. Along the way, investors, analysts and experts everywhere are now asking the question about where the market is […]
Read MoreThe last couple of weeks have seen market volatility return in a big way, and with it fear seems to be increasing quite a bit this week. I think part of it is because investors are starting to realize how close the market is right now to an important inflection point. As of yesterday’s close, […]
Read MoreTimes have been tough for stocks in the last several days. Stocks traded down sharply on Thursday after hawkish minutes from last month’s Fed meeting confirmed the assumption that there will be more rate hikes in the near term. The S&P 500 was down 1.4% on Thursday, and sank another 1% on Friday. The Dow […]
Read MoreBillionaire hedge fund investor Leon Cooperman, founder of Omega Advisors and former partner at Goldman Sachs, confirmed to CNBC Wednesday that he has invested his personal money in the cannabis space. His investments include CannTrust Holdings (OTC: CNTTF, TSX: TRST.TO) and Green Thumb Industries (OTC: GTBIF), whose founder, Ben Kovler, introduced Cooperman to the cannabis […]
Read MoreSince hitting an all-time early this year, the Materials sector has seen some of the biggest declines in the broad market. And even while today marked a big surge in price for practically every economic sector, Materials still dropped, putting their decline since late January at about -16% and nearly -11.5% year-to-date as measured by […]
Read MoreMany of the biggest names in the financial world have been sounding the alarm bells that a recession is looming as stocks have reached record valuations. But billionaire Leon Cooperman, founder of Omega Advisors with nearly $4 billion under management and former partner at Goldman Sachs, disagrees and sees no signs of recession on the […]
Read MorePot stocks have seemed to be constantly climbing in the past few months in the lead-up to the opening of Canada’s recreational market next week and as states across the U.S. pass new legalization measures. Investors are eating up cannabis stocks with the expectation that sales are about to explode higher and share prices along […]
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