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American Market News for 27 May 2017

Will The Charts Be Right Again in June?

Forbes - 27 May 2017 17:13
Will The Charts Be Right AgainIn 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?
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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.
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Beat the Bond God Himself -- AWhen 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.
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NVIDIA Stock Gets $4.0 Billion from Japanese Billionaire

Profit Confidential - 27 May 2017 13:00
NVIDIA Stock Gets $4.0 BillionIs 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.
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This Tiny $4 Marijuana Stock Poised to Surge

Profit Confidential - 27 May 2017 12:00
This Tiny $4 Marijuana StockAphria 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.
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