The buying and selling of stock by corporate insiders who have access to non-public information that could affect the stock price can be a criminal offense. Congressional lawmakers are not considered exempt from insider trading laws, as they have daily access to non-public information and plenty of opportunities to trade on it.
Apple saw 9% wiped off its value in early trading on Wall Street after admitting in its first revenue warning to investors since 2002.
The International Monetary Fund has warned that the storm clouds are gathering for the world economy in 2019.
It remains to be seen if Trump supporters, who seemingly vote against their own interests, will continue to support the man in the next round of elections.
Markets dropped across the world after Trump threatened to impose $200bn more in levies on Chinese goods.
Change is opportunity. When technology or market forces cause a sector to rapidly evolve or emerge, this change often presents significant opportunities for savvy investors.
Two industries are in this type of flux today: Retailing and Legal Marijuana.
Kush Bottles Inc (OTCMKTS:KSHB) is one the most interesting cannabis companies in the public markets. It picked up strength on the back of the recreational legalization ballots towards the end of 2016. The company gained more than 253% between August and November. Kush just made an announcement that could help it push it further up.
Tesla’s stock sank over $15 on Thursday following its earnings report. Jim Cramer, who is known for being bombastic and borderline ridiculous, dropped another bomb when he said that you have to be on drugs to understand Tesla and its high-flown forecasts.
But perhaps the reverse is true: Perhaps you must be on mind altering drugs to listen to Jim Cramer.