CBIS stock, or Cannabis Sciences Inc. (OTCMKTS: CBIS), is up another 13% today (Thursday) after it soared 30% Wednesday.
Based in Colorado Springs, Colo., Cannabis Sciences develops a wide range of cannabinoid-based pharmaceutical products. CBIS stock is running ahead of the multistate marijuana legalization vote on Nov. 8.
And this is just the most recent surge for Cannabis Sciences....More>>>
Charlie Munger (Trades, Portfolio) is an investor and the business partner of the world’s most famous investor, Warren Buffett (Trades, Portfolio), but he is also among the rarified group that cleaned up during the financial crisis. The fountain of wit, wisdom and ice-cold discipline got into the market at its most despairing and quietly made a small fortune, primarily on banks, which he....More>>>
Best Biotech ETF: The biotech sector has been greatly outperforming the broader markets over the past three months. In fact, the Nasdaq Biotechnology sector has climbed more than 14% since June, while the Dow is up just 2% in that time.
And we see those biotech gains continuing from here. That’s why we’re bringing readers the best biotech ETF to buy now.
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At its last policymaking meeting for the year, the Federal Reserve raised interest rates for the first time in 12 months and, to the surprise of the market, indicated it could raise rates three more times in 2017, not the two....More>>>
Today, I (Porter) am going to introduce a new financial term... I've been thinking about this a while... it's a term that describes the modern economy's fondness for central banks, paper money, huge debts, and financial bubbles. I call it the "Escher Economy." &nbs
The Nasdaq trade unwound some on Friday. From the peak Friday morning in the futures of 5,898 the tumble started around 11:00 am, falling to as low as 5,660. That's 238 Nasdaq futures points or 4% - quite a sharp move.
Remember, it seems like an overdone trade (driven by the big tech stocks
How much are you putting away for retirement? And is it enough? On average, Americans participating in defined contribution plans—such as 401(k)s—are socking away only 6.2% of their income every year, according to Vanguard’s “How America Saves 2017” report.