The collapse in oil prices has now reached historic levels. Tuesday’s 7% plunge in West Texas Intermediate (WTI) – the largest slump in more than 30 years of futures contracts – marked the 12th consecutive daily loss for the New…
The 3 Biggest Takeaways from This Week’s Cannabis Earnings Reports
This is the first week of cannabis earnings reports since Canada fully legalized all marijuana use on Oct. 17. The reports could be a bellwether for just how lucrative legalization will be for cannabis stocks in 2019. Some of the…
Get Double-Digit Gains as This In-Demand Metal Gets Its Mojo Back
A little while back, I told you how this rare precious metal, used in specialized technological applications, had become historically cheap. In fact, platinum was trading for less than it was at the depths of the financial crisis. I said…
Find out why shares of Canopy Growth (CGC) are plunging today
This week has been a big one for the marijuana industry, as some of the biggest companies in the budding sector have given their latest reports about their financial condition. Many investors have looked to Canopy Growth (NYSE:CGC) as the bellwether in the cannabis…
The Price of Silver Is Now “Massively Oversold”
The price of silver has been beaten down so badly lately, it’s become massively oversold. In response to a blistering dollar rally, silver has sold off to levels last seen in late 2015, when silver prices put in a major…
How the Bitcoin Price Will Benefit from the Midterm Election Results
You won’t see evidence of it until next year at the earliest, but the midterm elections were a major catalyst for the Bitcoin price in the long term. That’s because the Nov. 6 vote left pro-cryptocurrency politicians in possession of…