Post Tagged with: "nasdaq"

US Stocks End In Low Position As Energy Stocks Lose On Revenues

US Stocks End In Low Position As Energy Stocks Lose On Revenues

Shares of Exxon Mobil and Chevron, the two largest publicly traded energy companies, fell roughly 5 percent each on Friday. Both companies posted major declines in their year-over-year profits largely due to the big drop in the price of oil. The Dow Jones industrial average lost 56.12 points, or 0.3 percent, to 17,689.86. The Standard & Poor’s 500 index lost […]

August 3, 2015 · 0 comments · Feature Article
Marijuana Tax Revenue Of Washington Tops Estimates – NASDAQ

Marijuana Tax Revenue Of Washington Tops Estimates – NASDAQ

This scheduling simply means that the federal government currently does not recognize any medical benefits for the product, although new laws from the federal government did lift some of the stringent red tape surrounding research into marijuana-based therapies. Because the government hasn’t changed its stance on marijuana, banks around the country, even in legal states, tend to shy away from […]

July 17, 2015 · 0 comments · Feature Article
GW Pharmaceuticals Breaks Out Of 5-Day Trading Range

GW Pharmaceuticals Breaks Out Of 5-Day Trading Range

GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH) shares were trading sharply higher by $6.61 at $122.22 in Tuesday’s session. With no significant news out on the issue, let’s examine the technicals for an explanation for the explosive rally. The best in breed in the marijuana sector had been confined to less than a five-point trading range over the last five sessions […]

June 4, 2015 · 0 comments · Feature Article
What A Difference Two Decades Makes Regarding Marijuana

What A Difference Two Decades Makes Regarding Marijuana

The figures reflect a shifting perception among the American public as this year’s survey marks the first time the majority of those polled supported of marijuana reform. In 1990, only 16 percent were in support of legalizing the drug and in 2005 just 33 percent were in support of the industry. Caught Up In Legislation For traders eager to jump […]

March 17, 2015 · 0 comments · Feature Article
The “Wild West” Of Investing Is Still Marijuana

The “Wild West” Of Investing Is Still Marijuana

For the past year, newspaper headlines have been dominated by stories about the fast-growing market for medicinal and recreational marijuana. Everything from cannabis-themed tech startups to mom-and-pop THC laced bakeries have been on the rise as marijuana becomes legal in more and more states. As with any new trend, investors have been sniffing out ways to profit from placing bets […]

March 16, 2015 · 0 comments · Feature Article
When Is The Right Time For Marijuana Investment?

When Is The Right Time For Marijuana Investment?

However, since federal law still considers marijuana possession a criminal offense, many worry that politics could topple the industry before it has had a chance to develop. Colorado Data Encouraging After a year of allowing both recreational and medical marijuana, Colorado’s financial data regarding the drug were impressive. The state earned a quarter of its GDP from combined medical and […]

March 10, 2015 · 0 comments · Feature Article
Ahead Of Economic Releases, Stocks Open Higher

Ahead Of Economic Releases, Stocks Open Higher

The NASDAQ Composite began the day up 12 points, or 0.3%, to 4,975.50. Copyright 2015 MarketWatch, Inc. The PGA Tour has changed its pitch in an effort to reach more Millennials. The pro golf tour wants to get this coveted demographic on the fairways, around the greens, and literally into the sport. Economy Policy Newsletters Quotes delayed at least 15 […]

March 9, 2015 · 0 comments · Feature Article
Marijuana Stocks That Could Die Sooner Or Later

Marijuana Stocks That Could Die Sooner Or Later

Todd Campbell : Although Insys Therapeutics has a pipeline that doesn’t rely solely on medical marijuana, it is researching the use of CBD as a therapy for some rare forms of epilepsy and as a treatment for brain cancer. That research is pretty early stage and that means there are plenty of things that could go wrong. Investors should remember […]

February 26, 2015 · 0 comments · Feature Article
Marijuana Stocks That Might Not “Light Up” After All

Marijuana Stocks That Might Not “Light Up” After All

Unlike GW Pharma or Insys, which are both legitimate companies trading on the NASDAQ with market caps above $1 billion, most companies selling marijuana (as opposed to marijuana-derived drugs like GW Pharma and Insys) trade over the counter. Not trading on one of the major exchanges introduces all kinds of problems for investors — like low volumes that make it […]

February 22, 2015 · 0 comments · Feature Article
Data On Greek Standoff Weighing On Asian Shares Boosts Japan

Data On Greek Standoff Weighing On Asian Shares Boosts Japan

Cisco Systems rose the most in the technology sector after reporting better-than-expected earnings. Energy stocks advanced as the price of oil rebounded following two days of heavy losses. EARNINGS BEAT: Cisco, a major maker of computer networking equipment, jumped $2.48, or 9.4 percent, to $29.41 after it reported earnings late Wednesday that exceeded analysts’ expectations. The company’s outlook for the […]

February 12, 2015 · 0 comments · Feature Article
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