North American Cannabis Stock Index Already Up 5% In 2017
Analysis originally distributed on February 8, 2017 By: Michael Vodicka of Cannabis Stock Trades Cannabis stocks are off to a good start in 2017. After gaining 4.2% in January, the MJIC North American Cannabis Stock Index is now up more than 5% on the year. Although that’s a great return for any ‘normal’ stock index, […]
3 Hidden Winners On Higher Interest Rates
By: Joseph Hogue of Street Authority Rising interest rates is one of the most oft-referred-to topics on Wall Street right now. Some see higher borrowing costs as the straw that could break the market's eight-year bull run while others see it as needed counter-weight to emerging inflationary pressures. Members of the Federal Open Market Committee (FOMC) already […]
'Bakken Pipeline' Could Ramp-Up U.S. Crude Production Faster-Than-Expected
Energy Transfer Partners, L.P. (NYSE:ETP) announced that: “Dakota Access, LLC (“Dakota Access”) has received an easement from the U.S. Army Corps of Engineers (“Army Corps”) to construct a pipeline across land owned by the Army Corps on both sides of Lake Oahe in North Dakota. The release of this easement by the Army Corps follows […]
Love Metals? Good For You!
There is an interesting opinion that I have read on the web that it wasn’t Trump who put the metals on the rise as many people think, it could be the Chinese huge economic stimulus instead, as shown in the chart below. Chart 1. China Government Spending, China Interest Rate Chart courtesy of tradingeconomics.com I […]
McKesson's Misses For 5th Consecutive Quarter - Buying Opportunity?
Introduction McKesson Corporation (NYSE:MCK) missed Q3 2017 numbers and this marks the fifth consecutive quarter in which McKesson has missed its revenue targets. The stock sold off shapely as a result of its recent revenue miss, sliding 8.3% or $12.55 per share. McKesson has paid dearly for this string of revenue misses, shedding over $102 […]
Weekly Futures Recap With Mike Seery
We've asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets. Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN […]
The Trump Trade Pushes Stocks To New Records
Hello MarketClub members everywhere. By saying the words "Phenomenal tax plan" on Thursday, President Trump jump-started the "Trump Trade" as markets resumed their assault on record highs. President Trump also said in a meeting with the airlines on Thursday that "lowering the overall tax burden on American business is big league... that's coming along very […]
A Tale of Two Realities
You may not have noticed it, but there is an enormous gulf between what many Americans are being told is happening in the world around us and how the financial markets are reacting – or, more accurately, not reacting – to it. It’s as if there are two completely different realities going on. Which reality […]