Pot Stock Predicted to Fall 90%

Walmart's strong earnings report helped the Dow

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MARKET RECAP     8/15/2019
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Retail Strength Helps Dow Recover By Josh Selway Share On The Dow managed to gain today, recovering slightly from yesterday's massive sell-off. Walmart's (WMT) strong earnings report fueled the index's rise early on, and positive economic data -- including upbeat retail sales -- also piqued buyers' interest. At the same time, sharp losses from names like Cisco Systems (CSCO) and General Electric (GE) stocks capped the upside for the S&P 500 -- and kept the Nasdaq lower -- while trade tensions and a continued slide in Treasury yields also kept traders slightly on edge. Continue reading for more on today's market, including: The pot stock predicted to drop 90%. How SPY straddle traders racked up big gains. Wall Street bets on 2-year lows for this blue chip. Plus, a software stock gives up a key level; Netflix's hedge fund buzz; and an analyst says to buy Pinterest. >> Continue reading...
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>> 3 Stocks to Watch After Analyst Upgrades J.P. Morgan Securities thinks this financial name could be a takeover target >> Tilray Option Bulls Active Despite Wild Analyst Call The analyst predicted 90% downside for the weed stock >> SPY Straddle Traders Pocket Big Gains as Stocks Sell Off SPY's Bollinger Band width that was at an extreme low at the time of the recommendation >> Bull Signal Flashing for BHC Stock After Analyst Upgrade TD Securities upgraded the equity to "buy" >> VMW Shares Slice Through Chart Support During M&A Reports The software company is also set to report earnings next week ADVERTISEMENT Don't Buy A Pot Stock Until You've Seen This If you've ever thought about investing in a penny pot stock… don't! I've discovered a unique marijuana profit-sharing plan backed by a U.S. Federal Law. And it's paying a small group of regular people up to $55,563 a year. The next check run is just days away. I'll show you how to sign up here.
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