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‘Sizable Amounts Of Short Covering’ In Canopy Growth

Canopy Growth Corp CGC 0.27%, one of the hottest stocks in the market so far in 2019, got yet another boost Thursday when the company announced celebrity Martha Stewart would be joining the company to advise on the development of marijuana products for humans and pets.

In addition to the good fundamental news, financial technology and analytics firm S3 Partners analyst Ihor Dusaniwsky said Thursday he is seeing signs of a potential short squeeze ahead that could propel Canopy stock…Click here for full article.

Crypto Firms Consolidate Amid Push For Legitimacy

Despite an environment rife with economic and political instability, global M&A value in 2018 reached near-record levels as markets remained unhampered by the heightened geopolitical risk. The cryptocurrency space was not nearly as rampant, yet the industry still managed to record a decent amount of consolidation as companies looked to beef up their platforms through the acquisition of like-minded entities.

But now another trend is emerging: crypto companies are using ‘backdoor listings’ to ease into…Click here for full article

Millennial Debt Soars Past $1 Trillion

The debt load marks the highest exposure for the group since late 2007 at a time when younger adults under 35-years-old have decreased their spending compared to previous generations. A Friday University of Michigan survey determined that this was likely due to weakened job prospects, student loans and delayed marriage.

With millennial consumers not consuming, several policies to boost young adult spending have begun to enter the political dialogue, such as student loan debt …Click here for full article.

Feature Interview – Is Gold Coming Back?

Eric Coffin, founder and editor of the Hard Rock Advisory Journal joins Mike to talk about the latest rise in precious metals.

It should be no surprise that when governments throw money at a company or industry jobs can be protected or created but that doesn’t mean it couldn’t have done far more if spent elsewhere – including leaving it in taxpayers’ pockets.