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Curaleaf Q3 Financials Report 24% Increase In Net Loss

Curaleaf Q3 Financials Report 24% Increase In Net Loss

Image Source: Unsplash Curaleaf Holdings, Inc. (CURLF) reported its financial and operating results for the third quarter ended September 30, 2023, yesterday. All financial information is provided in U.S. dollars unless otherwise indicated and compared with the previous quarter. Q3 Financial Highlights Total Revenue: DOWN 0.7% to $333.2M Retail: DOWN 0.8% to $273.2M Wholesale: UP 0.2% to […]
Nikola Stock Forecast After The Plug Power Warning On Hydrogen

Nikola Stock Forecast After The Plug Power Warning On Hydrogen

Image Source: Unsplash Nikola (Nasdaq: NKLA) stock price continued its freefall this week as investors reflected on the company’s earnings and the recent strategy change. It has crashed back to $1 per share, over 74% from the highest point in August this year. This plunge has brought the company’s market cap to $995 million. Hydrogen concerns […]
Loose Thoughts In A Time Of Uncertainty

Loose Thoughts In A Time Of Uncertainty

Image source: Pixabay As we navigate the currents of today’s financial markets, we’re witnessing a striking contrast between the resilience of equities and the cautious stance of the bond market. Equity markets, it seems, are choosing to overlook looming challenges, clinging to a narrative of a ‘soft landing’ for the economy. On the other side, bond […]
Clean Energy Stocks Fall After PLUG Reports Q3 Earnings

Clean Energy Stocks Fall After PLUG Reports Q3 Earnings

Image courtesy of 123rf.com Plug Power (Nasdaq: PLUG), a company that develops hydrogen fuel cell systems, saw its stock price crash sharply by more than 34.7% at Friday’s market open following a concerning Q3 earnings report. The nosedive caused a broader market sell-off, with stocks like FuelCell Energy (Nasdaq: FCEL) and Ballard Power Systems (Nasdaq: BLDP) […]
Diageo Drops As Investors Drink Less Expensive Brands & FTSE Fades

Diageo Drops As Investors Drink Less Expensive Brands & FTSE Fades

Image Source: Pexels On Friday, the UK’s FTSE 100 experienced a decline, influenced by a drop in metal prices leading to a sell-off in metal mining shares. The exporter-focused FTSE 100 was down 1.4%. Precious metal miners lost 1.2%, and the industrial metal miners index dropped 0.9%, following the fall in prices of most nonferrous metals […]
Another Bullish Thrust But Some Mild Weakness First

Another Bullish Thrust But Some Mild Weakness First

After a fierce 8-day rally, stocks reversed hard on Thursday and look to start consolidating some gains or mildly pull back 1-2%. The oft-mentioned 4400 area on the S&P 500 is where I show the blue, horizontal line. Thursday was the second time the market has approached that area and turned back. I sense that […]
KO: Plenty Of Fizz Left In This Soda Giant

KO: Plenty Of Fizz Left In This Soda Giant

Image Source: Pixabay  Until recently, consumer staples stocks had been popular with conservative investors. These companies make and sell products that are everyday essentials, which means their revenues and profits are fairly stable and quite predictable—a characteristic investors should like.Of course, this type of company is not going to grow rapidly. But their ability to be […]
Gold Clings To Its War Premiums

Gold Clings To Its War Premiums

Image Source: Unsplash  Despite material struggles across other areas of the commodities market, the yellow metal remains relatively elevated.  Growth vs. InflationWith our GDXJ ETF short position continuing to produce profits, miners’ weakness alongside gold’s strength highlights how bears and bulls can make money in this market.However, with the yellow metal poised to follow the junior miners lower […]
EUR/USD Forecast: Chops Around

EUR/USD Forecast: Chops Around

The prevailing trading atmosphere remains one of nonchalance, as traders grapple with the notion that interest rates in the United States may be poised to decline. The euro experienced another decline in its value during Thursday’s trading session, reflecting the ongoing struggle between two significant moving averages. The 50-Day Exponential Moving Average sits below, while the 200-Day […]
Inside Day SPY Recovery

Inside Day SPY Recovery

S&P 500 was readying a break of 4,415, and then the hapless Treasury auction results came, sending stocks and bonds sharply lower. 4,365 was breached, but the NFPs breakout level of 4,330 didn‘t come into jeopardy. The biggest China bank, ICBC, ransomware incident – and the resulting counterparty risk (looking over your shoulder) striking at roughly the […]