Behind Lyft's Big Bear Note

Schaeffer's Midday Market Check

The DJI is lower after three straight gains

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Midday Market Check
 
 

4/02/2019

Does This Marijuana Company Have A Legal Monopoly?

One under the radar pot stock has been quietly building an international empire from seed to sale.

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Dow Dips on Walgreens Earnings

By Lillian Currens

Share On

Blue chip Walgreens Boots Alliance's (WBA) negative earnings reaction continues to drag down the Dow Jones Industrial Average (DJI), with the index down more than 100 points at midday. In addition, the latest durable goods data took some of the wind out of the bulls' sails. Elsewhere, the S&P 500 Index (SPX) is also lower due to an underperforming consumer staples sector, though energy stocks are up with oil prices. At last check, May-dated crude futures were 1.2% higher at $62.29 per barrel. 

Continue reading for more on today's market, including: 

  • Why this analyst is already bearish on Lyft stock. 
  • Seasonal tailwinds could boost this medical equipment stock.
  • Plus, EXPE bears emerge; the biotech at the top of the Nasdaq, and the medical stock eyeing its worst day ever. 

>> Continue reading...
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LYFT's IPO was priced at $72 last week
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The company withdrew its Renuvion marketing application
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The Warren Buffet Weed Play?

2018 was a wake up call for many investors. Pot stocks simply won't continue to go up based solely on the word "Marijuana". The reality is setting in and the name of the game is long term earning potential. One under-the-radar saw the writing on the wall years ago and quietly acquired a global empire built towards cash flow, but they won't be under the radar for long… get your free report now.

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