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Netflix Inc. has been dismissive of the anticipated impact of an onslaught of streaming competitors, but as a wave of well-financed streaming services from big-name companies is about to be unleashed, executives’ tone has changed.
Aphria Inc. stock fell 8% Wednesday to pace decliners in the cannabis sector, a day after it reported earnings for its fiscal first quarter that showed a profit that was mostly due to a change in its stock price and shift in its stake in another company.
Our chart and call of the day from Ciovacco Capital Management’s Chris Ciovacco looks at a batch of historical charts that are pointing to more gains for stocks. That is, if those animal spirits can return.