Tesla’s stock price soared after the earning’s announcement. EV industry is expected to grow by over 25% CAGR over next 6 years while Volvo launches an EV XC40 to compete but Dyson exists the EV market. [more]
With significant bullish undertones, the RASI has climbed back above two critical resistance levels. In this past week, the Index rose above both the extended down-trend line and the benchmark 500 level. If the Index can maintain itself above these levels, then its next test is at 800. [more]
Netflix beat analyst earnings expectations for Q3/2019, but weak guidance, increased competition, and continued losses in operating cash flows has continued its stock price’s decline. [more]
Only one week after PayPal announced cutting ties from Libra, several other partners from the 27 companies in the Libra Association including Ebay, Visa, Marcado Pago, Mastercard, and Stripe announced this week that they would also stop supporting Facebook’s Libra project. [more]
Quarterly results from the four largest U.S. banks (JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo) showed better than expected results as American consumers continued to support the economy. [more]
The RASI has shown some strength in the last few days. It has stopped its downward trend, at least for now, and is set to try and rally above two critical resistance levels given by the current down-trend line at about 490 and the critical 500 level that measures positive or negative market expectations. [more]
Piper Jaffray conducted its 38th biannual survey of U.S. teens – overall spending decreased by 4% with YouTube, Nike, and Amazon popular among this demographic. [more]
The S&P 500 had a slight gain in the third quarter and maintained an 18.6% gain year-to-date amid trade tensions and indications of a slower global economic growth. [more]
A big merger terminated, an IPO delayed and the first cannabis ETF down almost 60% in share price this past year, has the bloom fallen off the cannabis flower? [more]
As income investors in Canada and the U.S. continue to face the challenge of a low interest rate environment, the equity market dividends continue to lure investment dollars. [more]
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