M&A headlines are in focus today, too
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| | 11/25/2019 | |
A tiny cannabis company is about to disrupt Latin America's $31.98 billion cosmetics industry with a revolutionary new line of CBD beauty products. Then it's on to conquer CBD health care...skin care...and even the pet care markets. So far this company's flying under Wall Street's nose... But not for long. | | |
S&P, Nasdaq Hit New Highs as Tech Outperforms | By Karee Venema | | Stocks are soaring today, with the technology sector leading the way higher on reports Beijing is seeking greater protection for intellectual property rights -- a key hurdle in U.S.-China trade negotiations. Wall Street is also sifting through an onslaught of M&A headlines, including news Charles Schwab (SCHW) will buy fellow broker TD Ameritrade (ATMD), and French luxury retailer LVMH will purchase Tiffany & Co (TIF). At last check, the Dow Jones Industrial Average (DJI) was up triple digits, while the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) were holding near the record intraday highs they hit earlier. - Founder and CEO Bernie Schaeffer uncovers a potential bearish barrier in the options market.
- Analyst targets 20% upside for red-hot chip stock.
- Plus, Teva Pharmaceutical pop sparks heavy options trading; Arrowhead Pharmaceuticals climbs Nasdaq after upgrade; and a sinking penny stock.
| >> Continue reading... | |
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| Sponsored Right now you've got a short window to get in on a tiny new company set up perfectly to dominate the cannabis market. From CBD-infused cosmetic, skin, and pet care products...to medical marijuana...to THC-based consumables...and everything in between...This company's positioned to profit from virtually every kind of pot-based product you can think of. Yet Wall Street's hardly aware of it. Institutional buyers sure are, though, but they can't buy it...yet. It's the most exciting - and overlooked - opportunity in the new cannabis sector today. | | | | |
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