Midas Letter

How did Wall Street react to what has been described as “one of the darkest days for American democracy”? And how will markets continue to react to the total government control of the Democratic party as they hold the narrowest majority in the Senate? The answer to the first question: Like nothing even happened. The Dow Jones […]

Bitcoin’s spectacular new-year rally finally fizzled out a bit today as the volatile cryptocurrency price fell 17%. That’s the biggest drop since March. Compared with the massive rally Bitcoin has seen (up to as high as US$34,000), the losses aren’t all surprising. The volatility and drastic fluctuations highlight an important note for the most famous […]

2020 is the year of the SPAC’s (Special Purpose Acquisition Companies commonly referred to as blank cheque companies). Participating in a SPAC deal allows companies to become publicly traded entities and raise capital. (Watch this video for clarification of what a SPAC is) Clever Leaves Holdings Inc (NASDAQ: CLVR) takes the cake for the biggest […]

HAVN Life Sciences Inc (OTCMKTS:HAVLF) is a brand new public company with a mission to be the future of psychedelic medicine. The shroom boom is in full effect, so we sat down to talk about how HAVN is differentiating itself within this emerging space. Former Aphria Inc (NASDAQ:APHA) CEO, former Jamieson Wellness Inc (TSE:JWEL) CEO, and now HAVN […]

What a year it has been! 2020 has seen everything… The stock market looked incredibly bullish to start the year when the unprecedented pandemic struck. Stocks plummeted, and we have seen over a million deaths all over the world. Even with this, markets are arguably in a better spot now than they have ever been. […]

There is no doubt that the global pandemic is the story of 2020. But, there is always some good that comes with the bad, no matter how awful the bad can be. In the case of the stock market, there have been opportunities where traders have really profited this year. Several sectors have benefited from […]

Yesterday we highlighted the massive Bazooka the Fed Fired at Markets. A $900 billion injection of cash into the economic system in the form of direct payment cheques, small business protection, unemployment benefits, and vaccine distribution. U.S. jobless claims jumped back to their highest level in three months and are trending back in a worrying direction. […]

This weekend marked a historic day in the fight against the Coronavirus. The first shipment of the Pfizer’s (NYSE: PFE) BioNTech vaccine is now out for delivery. Around three million doses will ship across the country in the next few days. Canada also received its first batches of the COVID-19 vaccine ahead of its planned […]

This Friday, we do our normal thing and we recap the market’s performance and look beyond for new investment/trading opportunities. This week, however (and only if you wait until the end of the interview), we are giving away our stock picks for 2021… These stocks have already been on a tear in the preceding few […]

This is the week for the big IPO’s. This already in a year where IPOs have raised more than $160 billion. DoorDash Inc (NYSE:DASH) shares shot up 86% in its first day of trading amounting its market cap to a staggering $72 billion. For context that’s larger than Domino’s Pizza (NYSE: DPZ), Chipotle (NYSE: CMG), […]