Featured Article

‘Concerning Trend’: Wall Street Weighs In On Tesla’s Q2 Earnings

Posted by Wayne Duggan

on Thursday, 25 July 2019 8:55

Tesla Inc shares plummeted on Thursday after the company reported a much larger-than-expected loss in the second quarter and fell short of consensus revenue estimates as well.

Tesla reiterated its full-year vehicle delivery guidance of between 360,000 and 400,000 units and once again said the company will be profitable in the second half of 2019. However, the market was disappointed with weak auto margins and yet another quarter of tremendous cash burn.

Several analysts have weighed in on Tesla following the report. Here’s a sampling of what they’ve had to say.

Elusive Profitability

Wedbush analyst Daniel Ives said profitability remains elusive for Tesla.

“Herein remains the concerning trend, that unless self driving functionality and other software upgrades are sold with Model 3 units it will be a major challenge for Tesla to ramp its business model and gross margin profile in line with long term targets and therefore show profits on an ongoing basis,” Ives wrote…CLICK for complete article

6 Cannabis Market Predictions That Are Already Coming True

Posted by Scott McGovern

on Wednesday, 17 July 2019 9:09

What will legal weed look like in the next few years? These cannabis market predictions are already coming true.

With new products, untapped markets, and better access to research and capital than ever before, the cannabis market is in the midst of another record-breaking year of growth.

Overall, 2018 was a groundbreaking year of growth for the cannabis market. But expect the industry to expand through 2019 and into 2020 as a volatile market becomes more stable and mainstream, encouraging unprecedented investor and consumer confidence.

Here’s what investors and consumers should expect as the cannabis market matures….CLICK for complete article

3 Technical Reasons Why the Bull Market May Be Over

Posted by Alan Farley

on Tuesday, 16 July 2019 8:36

Investors can find plenty of fundamental reasons to think the 10-year bull market is coming to an end, with retail fund outflows, crashing yields, and the destruction of globalization all perfectly capable of signaling the next recession. However, technical price structure may offer stronger clues to market direction as we near the end of a prosperous but turbulent decade. And right now, this arcane venue is flashing warning signs that could translate into much lower stock prices.

Let’s look at three technical elements that predict the S&P 500 has topped out or will top out in coming months. All revolve around perfectly placed 2019 price action and broad brush pattern readings asserting that the rally has reached a level that can’t be sustained in the second half. What these numbers don’t reveal is the ultimate downside if bears resume control of the ticker tape, especially after more than nine months of binary price swings….CLICK for complete article

Why CannTrust (TSX:TRST) Crashed More Than 20% Yesterday

Posted by David Jagielski

on Tuesday, 9 July 2019 9:03

CannTrust Holdings Inc(TSX:TRST)(NYSE:CTST) investors got more bad news on Monday when they learned that the company’s operations were found non-compliant with Health Canada’s regulations.

In its Pelham, Ontario facility, CannTrust had been growing cannabis in rooms that were not yet licensed and still pending approval. Although they did ultimately receiving licenses in April 2019, it didn’t change the fact that the company was growing in the rooms prior to then.

What’s also troubling is that regulators noted that “inaccurate information” was provided by CannTrust employees. As a result of the infractions, Health Canada is holding 5,200 kilograms of dried cannabis that CannTrust previously harvested from those rooms. The company is also voluntarily holding 7,500 kilograms at its Vaughn location, which also has cannabis produced from those rooms…..CLICK for complete article

 

How to Avoid Stock Market Fraud

Posted by Aaron Dunn

on Monday, 8 July 2019 11:04

Anybody can lose money on a bad investment but being the victim of stock fraud is pain on a whole different level. Thankfully, there are some tools that predictive analytics and statistics provide that can steer investors away from bad ideas.