Replies to post #600182 on $Stock*Shop*Charts*News*Option$

[EZ2]

The Dow Is Up Because a Shutdown Deal Outweighs Stock-Rating Cuts -- Barrons.com

DOW JONES & COMPANY, INC. 8:21 AM ET 2/12/2019

Symbol Last Price Change
NSANF 8.23down 0 (0%)
AMZN 1591up 0 (0%)
ACB 7.17down 0 (0%)
TLRY 75.42down 0 (0%)
CGC 42.94down 0 (0%)
APHA 8.38 0 (0%)
NUVA 56.12up 0 (0%)
CSCO 47.58up 0 (0%)
FAST 61.87up 0 (0%)
GILD 67.62up 0 (0%)
TTWO 93.44down 0 (0%)
QUOTES AS OF 03:07:16 PM ET 02/11/2019

Shutdown and Trade Watch: It's likely that news about the shutdown and trade will drive stock futures for the next couple of weeks. Today, the market got good news: a border wall deal was struck in Congress and President Donald Trump might indeed meet with President Xi Jinping before the March 1 trade-deal deadline. U.S. tariffs will be reimposed on Chinese goods if the two sides don't strike a deal by that time. As a result, European and Asian stocks gained and U.S. futures were up as well. Dow Jones Industrial Average futures rose 0.9%, S&P 500 futures gained 0.8% and Nasdaq Composite futures jumped 0.9% this morning. In today's Morning Movers, we...

-- ...read the tabloids;

-- ...consider pot-stock performance;

-- ...and wonder what's bothering Wall Street analysts.
Barron's Briefs

-- Management Turmoil: Nissan Motor(NSANF) cut its full-year outlook
today because of a weaker outlook for sales. Slower car sales aren't a
surprise and Nissan(NSANF) stock is actually up this morning, snapping a
four-session losing streak. The counterintuitive move may have something
to do with the fact that Nissan(NSANF) investors are dealing with more than just
economic fundamentals these days. Former executive chairman Carlos Ghosn
was arrested earlier this year over allegations of misuse of funds. Of
course, this isn't the only case of the tabloids -- and the rest of the
press -- affecting stock prices recently. Amazon.com(AMZN) investors are
dealing with the fallout from Jeff Bezos's battle with National Enquirer
publisher AMI.

-- Growth Industry: Aurora Cannabis(ACB) stock is falling after the company
reported a loss in its recent quarter -- pot prices are down in Canada.
Still, Aurora stock is up 44% year to date. It has been a wild ride for
marijuana investors this past year. Shares of Aurora, Tilray(TLRY) ,
Canopy Growth(CGC) and Aphria(APHA) are down about 50% on
average from their 52-week highs, which came at around the time Canada
legalized recreational pot. That's a steep decline, but the four have
risen about 37% year to date. When investing in this sector, timing seems
to be everything.

-- Upgrades and Downgrades: Wall Street analysts aren't feeling very cheery
this morning -- stock downgrades outpaced upgrades 3:1. And no sector was
immune to the negativity. Medical-device maker NuVasive(NUVA) was
downgraded at Jefferies, Cisco Systems(CSCO) was cut to Equal-Weight at
Morgan Stanley, Fastenal(FAST) was downgraded at KeyBanc, and Gilead
Sciences(GILD) was lowered by both Wells Fargo and Citi. To round things
off, Take-Two Interactive Software(TTWO) was downgraded to Underperform
by Bank of Montreal.
Numbers By Barron's is a two-minute financial podcast with three vital numbers to start your morning. Available on iTunes, Apple Podcast, Stitcher, and wherever you get your podcasts -- as well as on your Amazon Alexa smart speaker

Write to Al Root at [e-mail]


(END) Dow Jones Newswires
02-12-190821ET
Copyright (c) 2019 Dow Jones & Company, Inc.

[Trueheart]

Good day, Ske and all,

There's an interesting article in today's Los Angeles Times regarding hemp growing in Kentucky.

According to the article, farmers are abandoning tobacco and are turning to growing hemp. Hemp has a long history in Kentucky as it has been grown there since the 1700s.

Trueheart