What Aphria’s Earnings Report Could Mean for Its Stock

Yesterday Aphria (APHA) announced weaker-than-expected fiscal Q2 results that caused the stock to dip, but didn’t exactly send shockwaves across the cannabis sector. By now, many investors have become hardened to the reality that publicly-traded cannabis companies may continue to fall short of their revenue targets for the unforeseen future.    The Canadian pot company reported losses that were in tune with expectations, but revenue that missed expectations. Nonetheless, Aphria still delivered an optimistic full-year sales outlook. For the quarter, Aphria’s net losses amounted to C$8.2 million ($6.3 million), or 3…

The Hype Over Quantum Computers, Explained

Date: 2020-01-10 20:14:58 In October 2019, Google made a big announcement. It announced its 53-qubit quantum computer named Sycamore had achieved ‘quantum supremacy.’ That’s when quantum computers can complete tasks exponentially more quickly than their classical counterparts. In this case, Google said its quantum machine completed a task in 200 seconds that would have taken the world’s most powerful computer 10,000 years to complete. IBM, another major player in quantum computing, took issue with the findings. Either way, it was a big milestone in quantum computing, and it’s leading to…

Best & Worst Monthly Performers: January 15 Edition

Here is a look at the 25 best and 25 worst ETFs from the past week. Traders can use this list to find prospective candidates that have deviated too far from their longer-term trends, thereby serving as potential starting points for those looking to take on either short or long positions. Likewise, traders can also use this list to spot potential trend reversal opportunities that may offer a generous risk/reward. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get…

Myth 5: The ETF Tail is Wagging the Asset Dog

Myth 5: The ETF Tail is Wagging the Asset Dog – What is the difference between, and importance of, primary and secondary liquidity in both highly liquid, and relatively illiquid markets? How is it possible to have often vast amounts of secondary market trading of an asset (class) that is itself potentially not being traded (or at least traded far less). Are ETFs simply derivatives? It is important to remember that ETFs are one of many tools investors can use to implement their market views. Ultimately, prices of underlying securities…

Another Big Year Could be in the Cards For This eSports ETF

The  VanEck Vectors Video Gaming and eSports ETF (NASDAQ: ESPO) is already up 5.60% to start 2020, confirming that many investors are banking on growth for the burgeoning esports industry. Some recent data points indicate those wagers could prove accurate. ESPO seeks to track the performance of the MVIS Global Video Gaming and eSports Index (MVESPO). The index is a rules-based, modified capitalization-weighted, float-adjusted index intended to give investors a means of tracking the overall performance of companies involved in video gaming and eSports. “According to the Consumer Technology Association,…