September is always a big month for Apple (NASDAQ:AAPL), and September 2020 was expected to be even bigger than usual.Source: View Apart / Shutterstock.com Fall is when Apple launches its new flagship iPhones. Even during this era of slowing smartphone sales, the iPhone is a critical driver of Apple stock growth. This September was to be the launch of the iPhone 12, Apple's first model to incorporate 5G connectivity. And that was expected to kick off the big upgrade cycle that has eluded the company over the past several years.With the novel coronavirus disruption, however, analysts for Wedbush Securities have concerns. That led to a big cut in their target price for Apple stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Big Plans for the 5G iPhone 12 and Apple StockApple's iPhone business has been sliding for the past several years. In 2018, the company announced it would stop...
Banks were supposed to start processing loan applications on Thursday at midnight from small businesses under the $349 billion Paycheck Protection Program, but they weren't prepared for the onslaught....
Despite the economic shutdown in large parts of North America, all of the initial reads on the cannabis sector have surprisingly been positive. Due to the medical cannabis aspects of the sector, most retail stores have been deemed essential allowing for the stores to remain open.Consumers from the U.S. and Canada have flooded retail stores and online websites to buy up cannabis products due to fears of and economic shutdown and potential store closures. Oddly though, the stocks haven’t generally rebounded despite positive sector trends as 2020 starts.Areas from California and Washington saw sales jump approximately double during the period from March 13 to March 17. Average store revenues were up roughly 100% at more than 1,300 stores using cannabis e-commerce platform Jane Technologies. Several other metrics saw massive product demand during mid-March.All of the news isn’t bullish as Massachusetts closed recreational cannabis stores, Nevada stores are seeing declining sales due...
Webex and rival meeting platforms from Zoom and Microsoft Corp's Teams are being used worldwide to host everything from virtual classrooms and business meetings to church services, as people stay at home to restrict the spread of the pandemic. It was, however, not clear if the number was comparable with Cisco's due to the different ways the companies calculate meeting attendees....
Natural gas markets were a bit choppy during the week, but as you can see, we have formed a candlestick that looks a lot like an inverted hammer. The next question is will we break the bottom or the top of this candle?...
The gold markets but most of the week following below to the sub $1600 level, but then turned around to show signs of life again towards the end of the week, and now have formed a very bullish looking candlestick....
