American Market News for 27 May 2017
In late April and early May the charts and technical indicators pointed to higher stock prices in May. It has been a good month especially for tech stocks So what are the charts now saying about June?
Kimi Raikkonen claimed his first pole position in nine years Saturday to lead a Ferrari lock-out of the front row for the Monaco Grand Prix as Lewis Hamilton endured a miserable qualifying session in... his Mercedes.
When the "Bond God" Jeffrey Gundlach speaks, yield hounds listen. And earlier this month, the preeminent income investor on the planet shared his favorite stock idea with a private audience.
Is This Good News for NVDA Stock? SoftBank Group Corp. is a powerhouse in Asia, yet it is unknown to many Americans. That might explain why investors ignored SoftBank's $4.0 billion investment in... NVIDIA Corporation (NASDAQ:NVDA). They simply don't realize what it means for NVDA stock. So let me try and put it in perspective. SoftBank is a telecom giant turned investment house. Think of it as a tech-focused version of Berkshire Hathaway Inc. (NYSE:BRK.B). And think of its CEO, Masayoshi Son, as a. The post NVIDIA Stock Gets $4.0 Billion from Japanese Billionaire appeared first on Profit Confidential.
Aphria Is a High Flyer with Tremendous Opportunities If you think social media and Internet of Things (IoT) stocks are hot, a non-tech segment that has been flying high on the charts is the marijuana... space. There are a handful of legitimate producers at this time, and an intriguing small-cap company is Canada-based Aphria Inc (OTCMKTS:APHQF, CVE:APH). Its stock is currently trading around $4.00, with a market cap of $579.3 million. Aphria is situated in a farming community in Ontario, Canada, which kind of makes sense if. The post This Tiny $4 Marijuana Stock Poised to Surge appeared first on Profit Confidential.