Feeding Frenzy: Chewy Stock Explodes Amid IPO Market Mania

Feeding Frenzy: Chewy Stock Explodes Amid IPO Market Mania

By CCN Markets: Friday’s Chewy IPO was a feeding frenzy of investor enthusiasm for this summer’s latest hot new stock. The IPO is clearly not dead in 2019, despite the brutal debuts of Lyft and Uber, which were all bark and no bite.The tremendous showing of IPOs like CrowdStrike, Fiverr, Beyond Meat, and Chewy show…

Cannabis Needs Crypto to Usher its Gray Market Into The 21st Century

Cannabis Needs Crypto to Usher its Gray Market Into The 21st Century

TweetFacebookLinkedInBy CCN: People have long anticipated the legalization of marijuana, long before ‘crypto’ became a buzzword. Over 25 states currently have some form of legalization, with several already moving onto full recreational legalization. A similar process played out during the end of alcohol prohibition in the United States.States, one by one, made alcohol legal again.…

Experts Reveal the Devastating Truth About This Stock Market Rally

Experts Reveal the Devastating Truth About This Stock Market Rally

TweetFacebookLinkedIn  By CCN: In the past four days, the Dow Jones has climbed from 24,721 points to 25,677 as a dovish Federal Reserve launched the U.S. stock market into a strong short-term recovery.Futures market traders believe there is a 75 percent chance of an interest rate cut by the end of July, subsequent to the…

Dow Pumps After Fed Capitulation Takes Stock Market Off Life Support

Dow Pumps After Fed Capitulation Takes Stock Market Off Life Support

TweetFacebookLinkedIn By CCN: The Dow and broader U.S. stock market extended their relief rally on Wednesday, as traders continued to raise bets that the Federal Reserve will cut interest rates following its July policy meeting. Markets are now being driven almost entirely by hope even as the Department of Justice and Federal Trade Commission continue…

Guggenheim: Trade War Could Trigger Agonizing Stock Market Crash

Guggenheim: Trade War Could Trigger Agonizing Stock Market Crash

By CCN: A Wall Street legend warns that you should expect more pain in the stock market as President Donald Trump’s trade war with China rages on.Scott Minerd — the Global Chief Investment Officer and co-founder of Guggenheim Partners – says equities could suffer an even bigger sell-off this summer than they did in last…

Dow Disaster: How Trump Created a $5 Trillion Stock Market Crisis

Dow Disaster: How Trump Created a $5 Trillion Stock Market Crisis

  By CCN: The Dow recoiled on Friday after President Trump dragged the United States into a trade conflict with Mexico, wreaking havoc on an already-fragile stock market.As Wall Street buckles up for yet another tariff-induced shellacking, equities analysts warn that Trump’s trade war tab is coming due, and the cost already adds up to…

Apple’s Stock Could Crash and Take the Broader Market Down Too

Apple’s Stock Could Crash and Take the Broader Market Down Too

TweetShareBy CCN: Morgan Stanley analyst Katy Huberty delivered mixed messages regarding Apple’s stock this week.With Apple’s stock closing at $178 on Thursday, she downgraded the price target from $240 to $231.She did not change her revenue or profit estimate though and then noted that AAPL could trade as low as $160 in the near-term.Confusion Reigns…