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Travel Stocks Gain as Executives See Demand Rebound: Earnings This Week

Travel Stocks Gain as Executives See Demand Rebound: Earnings This Week

The last week of earnings featured mixed results from technology companies and optimism from two prominent travel companies. Cruise-ship operator Royal Caribbean (RCL) and hotel giant Marriott (MAR) predicted demand will continue to recover as the U.S. economy reopens...

Market High on Aurora Cannabis as Peltz Joins Pot Grower

Market High on Aurora Cannabis as Peltz Joins Pot Grower

Cannabis stocks have been on fire since last summer, and the buzz continued today as a major financier joined the industry. Early leader Tilray (TLRY) might have fallen asleep after a blistering rally in September, but others have lit up more recently. Aurora Cannabis...

New Companies Are Leading the Market in the New Year

New Companies Are Leading the Market in the New Year

Last year was a busy year for initial public offerings, and several of those new names are rallying in 2019. A list of 37 recent IPOs generated an average gain of more than 9 percent since the start of January. That's more than twice the gain of the broader S&P...

These Guys Are Spending a Lot of Money

These Guys Are Spending a Lot of Money

Cannabis stocks, all the rage in September, just issued their results. And they're spending a ton of money. Just look at Tilray (TLRY), which rose more than a 1,000 percent after going public in the heart of the marijuana frenzy. Its revenue from growing pot rose 85...

Clients Rush Back to ETFs as Volatility Pops

Clients Rush Back to ETFs as Volatility Pops

Clients are rushing back to exchange-traded funds this month as volatility mounts. Five of the 10 most heavily traded symbols with TradeStation in October are ETFs. That marks a sharp swing from September, when calm market conditions pushed attention toward...

Traders Toking Profits as a Red-Hot Space Gets Smoked

Traders Toking Profits as a Red-Hot Space Gets Smoked

Buy the rumor, sell the news. The old adage is playing out today as weed goes legal in Canada. Cannabis stocks have been pretty much the hottest group in the entire market of late, with companies like Tilray (TLRY), New Age Beverages (NBEV) and India Globalization...

IPOs Keep Coming in September

IPOs Keep Coming in September

Initial public offerings (IPOs) are running at their quickest pace in years. Have you been watching? Volume at the end of August was already close to the total for all of 2017, according to data from ClickIPO. In fact, if you include Spotify's (SPOT)'s unusual direct...

Options Light Up as Cannabis Craze Sweeps Market

Options Light Up as Cannabis Craze Sweeps Market

Marijuana's supposed to calm people down, but that didn't happen in the stock market yesterday. Frenzied with Canada's legalization on October 17, traders streamed in and out of a trio of high-profile weed stocks. The moves were epic for companies many clients had...

Marijuana Momentum, Airlines Ascending: Groups in Focus

Marijuana Momentum, Airlines Ascending: Groups in Focus

Two different groups have been "flying under the radar" and "hitting new highs" in recent weeks. Let's check them out. First: Flying under the radar. Yep, some of the airlines have been climbing. This group is a bit muddled because performance between carriers has...