Investors may want to keep an eye on beaten down cannabis stocks. While there’s no word on federal legalization yet, there is growing support. For one, as we get closer to mid-term elections, cannabis stocks could see higher highs. States,…
Always be careful trading rumors. Oftentimes, traders will buy the rumor and sell on the news – which is what happened with Electronic Arts (EA). On August 26, the stock gapped from about $125 to $135 on the day on…
Oil prices are gushing higher. Last checked, crude was up about $2.50 to $95.56, and could see $100 again shortly. For one, oil prices are rebounding on news the International Energy Agency (IEA) raised its forecast for global oil demand. …
Electric vehicle charging stocks could ramp higher. For one, California is set to prohibit the sale of gasoline-powered calls by 2035. “The rule, issued by the California Air Resources Board, will require that 100 percent of all new cars sold…
Hydrogen stocks are going ballistic. All thanks to the Senate’s climate bill and Amazon.com. For one, according to Recharge News, “The passing of the Inflation Reduction Act (IRA) by the US Senate on Sunday may prove to be the single…
Primary care stocks are on the run again. Just weeks ago, Amazon said it would acquire 1Life Healthcare (ONEM) to its growing healthcare unit for $3.9 billion, or $18 a share. Now there’s word that Owl Creek Asset Management wants…
Target (TGT) made a mess. In its second quarter, the company posted adjusted EPS of 39 cents, which was well below expectations for 72 cents. Sales came in at $26.04 billion, which met expectations. Inventory was also still higher at…
Water scarcity has become a major problem. At the moment, millions of people in the Western part of the U.S. are seeing some of the biggest reservoirs drug up. In fact, the United Nations recently said the water levels at…
With flex space demand on the rise, WeWork (WE) is on the move. For one, the company’s CEO and CFO have been buying stock. CEO Sandeep Mathrani, for example, bought 50,000 shares of WE at $4.9799 a share. He now…
Just days ago, we noted, “After plunging from about $70,000 to less than $20,000, it appears the worst has been priced into Bitcoin. If that’s the case investors may want to consider BTC mining stocks, like Marathon Digital, Riot Blockchain,…