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1084 days ago

Cannabis stores are opening up like crazy in Ontario, Quebec lags behind

Canadian pure-play cannabis related stocks are ACB, FIRE, HVT, NRTH, TRUL, VIVO and XLY.

#Stocks

1084 days ago

The 3-weeks-old value to growth trade has been less potent in Asia

Growth stocks are back... in developed markets mostly though. The group is on track to outperform value stocks for a third straight week. In Asia, the trend in either direction has basically just stalled.

#Stocks #Macro
The 3-weeks-old value to growth trade has been less potent in Asia

1085 days ago

Toshiba is having a rough couple of years

Toshiba's CEO Nobuaki Kurumatani resigned today, as his impartiality was being questioned in the buyout talk with his former employer CVC Capital Partners. CVC plans to turn the company private, to shareholder's dismay. The company's revenues have been decreasing for years now, from almost $60 billion in 2008 to only half of that in 2019. What will happen to Toshiba?

#Stocks #Technology
Toshiba is having a rough couple of years

1085 days ago

Americans spent their stimulus checks on having fun! - sports, hobbies lead retail sales

Sports +23.5% and Clothing +18% were the top risers in the March retail sales report where every category saw gains as Americans spent their $1400 stimulus checks.

#Stocks #Macro
Americans spent their stimulus checks on having fun! - sports, hobbies lead retail sales

1085 days ago

We probably just saw the best US retail sales report for years to come

Personal incomes were boosted during the month by the distribution of $1,400 stimulus checks from the latest federal pandemic aid bill, signed by President Joe Biden on March 11. Further, the labor market added more than 900,000 jobs last month.

#Stocks #Macro
We probably just saw the best US retail sales report for years to come
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