Holiday-shortened session While it’s not a Thanksgiving hangover, Wall Street futures are pointing to declines of 0.2% ahead of a half-day trading session. Sentiment that propelled stocks to several rounds of record highs is under pressure from a human rights dispute in Hong Kong that could upend progress in Sino-U.S.Read More →

The US shopping season begins in earnest with “Black Friday.” Holiday sales ads have increasingly targeted electronics. Shopping patterns have grown into a measurable impact on the Japanese yen, lasting from approximately Black Friday through Christmas. The Japanese yen displays seasonal weakness between Black Friday and Christmas. I measure seasonalityRead More →

All dollar amounts are in Canadian dollars unless otherwise noted. Last quarter, Aphria posted disappointing results with a sharp decline in their core cannabis business. Aphria did not repeat those disappointing results again: Results from their May quarter, announced on August 1st, are phenomenal. Aphria posted its first EBITDA profitRead More →