22 November 2024

Howe Street Reporter Title

Tag: 2019 recession

  • Nexus Gold (NXS.V): Why are U.S. CEOs selling massive blocks of their own stock?

    Nexus Gold (NXS.V): Why are U.S. CEOs selling massive blocks of their own stock?

    If you own stocks in big cap U.S. companies like Salesforce (CRM.Q), Slack (WORK.NYSE), Chipotle (CMG.NYSE), Visa (V.NYSE) and Home Depot (HD.NYSE) you may be interested to know that senior management in those companies have been pounding out shares. This is the new normal. A TrimTabs Investment Report reveals that insider selling on the U.S.…

  • Vapen MJ (VAPN.C) – cannabis still a better biz than clothing (GOOS.T) (ANF.NYSE) (AEO.NYSE) (M.NYSE)

    Vapen MJ (VAPN.C) – cannabis still a better biz than clothing (GOOS.T) (ANF.NYSE) (AEO.NYSE) (M.NYSE)

    The fluorescent red kelp you see floating in today’s ocean of rouge (DJIA -774 points) is the plummeting share price of big-cap clothing companies. Shares of Canada Goose (GOOS.T) Abercrombie & Fitch (ANF.NYSE), American Eagle (AEO.NYSE) and Macy’s (M.NYSE) all tanked, shedding a combined $1.6 billion in market cap. Canada Goose warned shareholders about slowing…

  • Gold is getting interesting

    Gold is getting interesting

    Yesterday gold prices popped $25 to USD $1,418 as Federal Reserve Chair Jerome Powell made a case for lower interest rates. Many investors believe that lower interest rates will automatically push gold prices up, but in the last 50 years, the correlation has only been about 28%. “We see the case for a somewhat more…