Oct 22 2018 - Bank Stocks Keep Selling Off...
Bank stocks sold off again today, with XLF (Banking ETF) losing another 2.14%. We cover BAC, C and JPM in tonight's video.
Netflix (NFLX) reportedly is trying to raise another $2 billion to cover its next two quarters of 'cash burn'. The stock only finished down 0.94% (and well off its lows).
Pot stocks like Tilray (TLRY) and Canopy Growth (CGC) got hit hard today (both down double digits). We also cover NKTR's massive technical targets along with $VIX, $VXN and more.
Have a great day!
A new analysis conducted by the U.S. government says that Americans spent $3.65 trillion on health care in 2018 - an increase of 4.4% over 2017.
It is no surprise, then, that investors have flocked to the healthcare space to invest in those stocks which have benefited most from the surge in healthcare spending.
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