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Netflix (NFLX) Earnings; Why Top Firms Just Cut their Price Targets

by Dorian Holden | Oct 16, 2019 | Markets

Analysts may not be confident on Netflix (NFLX) earnings after the bell. But don’t count the stock out just yet.  Many believe a good deal of negativity may have been priced in already with subscription growth concerns, poor second quarter results, and the...

Markets Slip on Weak Retail Sales – and Fears of Recession

by Dorian Holden | Oct 16, 2019 | Markets

Nearly 20% of Americans are turning to cash, as many fear a recession. That’s according to a new MetLife poll of 8,000 adults, as highlighted by CNBC.  Up to 21% report they’ve also become conservative with their money.   Unfortunately, there’s been a...

These Top Bank Earnings Kicked off Third Quarter Season

by Dorian Holden | Oct 15, 2019 | Markets

Third quarter earnings season just kicked off with banks JP Morgan for example beat expectations with revenue of $29.3 billion, as compared to estimates for $28.46 billion.  EPS was $2.68, as compared to calls for $2.34.   “The consumer remains healthy...

Why We Can’t Get Too Excited about the Trade War Deal

by Dorian Holden | Oct 14, 2019 | Markets

Trade war tensions appeared to have cooled two days ago. Now, we’re not so sure.   On Friday, the U.S. and China agreed to the first phase of a trade deal that will delay 30% tariffs on $250 billion worth of good set for this week. Reportedly, the deal will...

One of the Most Overlooked Cannabis Catalysts Happens this Week

by Dorian Holden | Oct 14, 2019 | Markets

Cannabis stocks have come under intense pressure. All thanks to HEXO Corporation, which warned to a revenue shortfall thanks to slower sales.  The company also pulled its 2020 financial outlook because of unpredictability. “Slower than expected store rollouts, a...
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