Hurricane season is still wreaking havoc. After Hurricane Ian ran through Florida in late September, the state may have to contend with another one. Hopefully, it won’t be as severe. Right now, we know “Nicole” is a subtropical storm that…
Markets
We’ve seen substantial demand for inflation proof I-bonds. So much so, investors crashed the U.S. Treasury’s Treasury Direct site. All as investors rushed to buy Series I savings bonds, which had a yield of 9.62%. These bonds are a type…
Here we go again. COVID-19 infections have been rising again in Europe, including the UK, France, and Italy. There’s also fear of an uptick in cases in the U.S., too. "In the past, what's happened in Europe often has been…
Psychedelic stocks could see massive attention, near-term. Especially those associated with psilocybin. Here’s what we already know. Compass Pathways is preparing to launch Phase 3 human trials with psilocybin by the end of this year. They’ll enroll 1,000 participants. According…
A lot of solid stocks have been beaten silly on excessive fear. However, as we learned from successful investors, that fear may be an opportunity. Sir John Templeton taught us to buy excessive pessimism, for example. Warren Buffett says that…
Investors may want to keep an eye on Luminar Technologies (LAZR). For one, after finding strong double bottom support around $6.50, the stock is starting to pivot higher. Two, we just spotted a volume spike of 25,433 LAZR November 4,…
Cannabis stocks could see higher highs. All on speculation the U.S. may be nearing decriminalization. According to FiveThirtyEight’s Lester Black: Biden “is now asking his own administration to start the process of making the drug’s legal classification match its reality. …
We’re sitting ducks. After all these years, we’re still not ready for cyberattacks. Cities, hospitals, schools, and many companies aren’t ready. Just this morning, some of the biggest airports in the U.S. were targeted by an alleged attack in the…
Cannabis stocks are getting fired up. All after President Biden lit a fuse, taking executive action to change U.S. policy on the drug, pardoning all prior federal offenses of simple cannabis possession. Biden also asked federal officials to start a…
Oil prices are gushing higher. Last trading at $86.52, oil could push higher on news OPEC+ is considering a two million bpd production cut. If that happens, oil could run back to $100 a barrel. According to CNBC: “An influential…