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| Stocks surged higher on optimism about the reopening of the economy, as economic activity continues to tick up as lockdowns are eased. Consumer confidence unexpectedly improved in May. According to The Confidence Board, the consumer confidence index rose to 86.6 this month, above the 85.7 recorded in April and far above the 82.3 expected by economists. “Following two months of rapid decline, the free-fall in Confidence stopped in May,” said Lynn Franco, senior director of... |
| Retractable Technologies (OTC: RVP): Retractable shares are up nearly 6% over the last week after the medical products maker reported operating income of $481,000 in its first quarter, compared to an operating loss of $175,000 in the same quarter last year. The company reported that domestic sales accounted for 74.4%, representing 77.4% of revenues in the quarter, a jump of 35.8% on... |
OSK is down -30.5% for the year – is it worth its bargain price?We’re almost halfway through 2020 now, and my how things have changed. The global COVID-19 pandemic shut down practically the entire global economy as governments in almost every country imposed strict quarantine and shelter-in-place restrictions in the early part of the year. That prompted stock markets around the world to plunge into strongly bear market territory in record time; the S&P 500, for example, plunged more than -35% in just about a one-week length of time. That slide downw... |
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Featured StockAkerna Corp. (KERN) – Buy Price: $10.00 or betterAkerna Corp. operates a technology company in the cannabis space. The company offers MJ Platform and Leaf Data Systems that provide clients and government entities with a central data management system for tracking regulated cannabis products. Akerna Corp. was founded in 2010 and is based in Denver, Colorado. Read More |
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