referring to Marijuana News TodayIn the marijuana news today is further evidence of how federal government policies in the U.S. are hindering institutional investors from getting involved in the marijuana industry—to the pot stock market's detriment. In the marijuana news today, we're looking at a much more basic—but no less serious—problem of banks not even willing to hold money from marijuana companies. CGC Stock NewsThe marijuana news today may not be the brightest in the political world, but the stock market is finishing the week on a positive note. MedReleaf StockAnother marijuana company that is emerging from this week with a little bit of growth is MedReleaf Corp (OTCMKTS:MEDFF, TSE:LEAF). Of course, should it be derailed, then expect a tremor in the MedReleaf stock value.
collected by :Molly Tony
Video: Here's How the Stock Market May Perform During the 2018 Midterm Elections
The midterm elections bring plenty of uncertainty to the markets, especially this year, as volatility has returned. "An environment where there are checks and balances is typically a good one for stocks - stocks certainty embraced the tax reform legislation but I don't know if the stock market is as positive about things like trade policy," said Kristina Hooper, chief global market strategist at Invesco, and a panelist on TheStreet's monthly Trading Strategies roundtable. "So this could be an environment where checks and balances on trade policy might be a welcome thing so we could see some upside from midterm elections." To watch the entire 30-minute Trading Strategies roundtable, click here.What Happened in the Stock Market Today -- The Motley Fool
as declared in Stocks fell in early trading, but recovered during the day to end a positive week with more gains. Today's stock marketIndex Percentage Change Point Change Dow 0.38% 94.52 S&P 500 0.11% 3.02Several big banks reported earnings, but their shares slumped today; the SPDR S&P Bank ETF (NYSEMKT:KBE) fell 1.1%. Consumer stocks had a good showing, with the Consumer Staples Select Sector SPDR ETF (NYSEMKT:XLP) up 0.7%. As for individual stocks, Wells Fargo & Company (NYSE:WFC) fell following the release of the bank's latest quarterly results, and Gogo (NASDAQ:GOGO) plummeted after presenting turnaround plans that were less than convincing. Total average loans fell 1.3% to $944 billion and average deposits fell 2.3% to $1.27 trillion.The Stock Market Looked Terrible, But Then Came JPMorgan
JPMorgan (JPM) blew Wall Street away with its earnings. With the market still looking shaky amid trade war fears, a strong report from the bank could go a long way. Here's why JPMorgan is a key holding in Jim Cramer's Action Alerts PLUS. Register for the 'Morning Jolt' daily newsletter here.collected by :Molly Tony
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