Economic Outlook

aaapl

Apple Inc. shares were up more than 5 percent after the company released a much better-than-feared fiscal third-quarter earnings report. The stock was trading around $200 per share in mid-day trading Wednesday…. CLICK for complete article

And Then There Were None

raisedsteaks

By simply looking at the returns of the S&P 500 in the first half of 2018, one could be forgiven for thinking returns were decent and that markets were uneventful. by the close of the books in June, the S&P 500 managed a price gain of 1.7% or 2.6% including dividends.

However, what’s amazing about this is that much of the gains this year both in the S&P 500 and the Nasdaq are due to just three stocks…. CLICK for the complete article

Google Joins The Race to $1 Trillion

goog

Google was already worth more than $800 billion and, while well short of Apple, is now jumping into that batch of companies that are on their way to being a $1 trillion company.

Alphabet, Google’s parent company, substantially outperformed market expectations in its second quarter by bringing in $32.66 billion. That’s a 26 percent increase year-over-year… CLICK for the complete article

ganj

Tilray, a five-year-old, British Columbia-based medical cannabis company that sells its products to patients, researchers, pharmacies and even governments, saw its shares get high (sorry) on the Nasdaq today, after the company priced 9 million shares at $17 apiece and watched them soar, closing at $22.39, a jump of slightly more than 32 percent…. CLICK for the complete article

This “Trade War is a Different Ballgame”

tradewar2

So-called “trade wars” are neither new nor uncommon for the US and its trade “partners.” The US automotive industry has seen its share, all of which the US has lost so far…. CLICK for the complete article