Hilary Kramer
Cannabis Corner: The New Tilray Will Be Stronger
Another sour week for most marijuana stocks ended on an extremely sweet note as Aphria Inc. (NASDAQ:APHA) shareholders formally voted to merge their company with Tilray Inc. (NASDAQ:TLRY). Both stocks surged, seemingly in relief, erasing some of their losses accumulated earlier in the week. Ultimately, any progress toward pushing these two companies together will be […]
Don’t Fight Trillions of Dollars with Wall Street Only Having One Thing to Fear
You’re probably familiar with the observation that the market can remain irrational longer than you can remain solvent. Watching money pour into stocks month after month, we all feel the brush of the “irrational” now and then. Even according to optimistic measures, the S&P 500 currently is valued at 22.5X forward earnings projections somewhere between […]
Cannabis Corner: Long-term Gains Can Require Short-term Pains
Depending on your perspective, it’s either amusing or tragic to see market commentators struggle to explain the way cannabis stocks swing day to day. All too often, the story has to stretch to fit the facts. This week, for example, Big Cannabis took a step back because either the Biden administration is too busy to […]
Is Wall Street Heading Over a Cliff? It Could Be Time for a Gut Check
Is Wall Street heading over a cliff? Maybe not, but it could be time for investors to take a gut check. Bear markets are easy to analyze, while bona fide bull markets are only a little more complicated. But for most investors, the real test of patience comes when stocks move sideways, without much clear […]
Cannabis Corner: Growth Through Consolidation
While I prefer smaller and more innovative names, it’s nice to see Big Cannabis bounce back this week. After all, while the stocks don’t always make sense, the companies themselves are taking huge strides. This was always a profoundly fragmented industry dominated by cottage producers and do-it-yourself retail models. In many parts of the country, […]
Stay Defensive and Avoid This $10 Billion Hedge Fund Mistake
When I was new on Wall Street, a group of hedge fund managers called the Tiger Cubs ruled the world. Last week, one of them washed out spectacularly, wiping out a $10 billion career in the process. I want you to know that you can avoid repeating that mistake if you keep your eyes open […]