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Maryland Rakes In $21M In Legal Cannabis Sales In First Week, Half During July 1 Weekend
Tuesday, July 11, 2023 - 3:11pm | 450Over the first seven days since Maryland’s legal cannabis sales got underway on July 1, licensed shops sold $20.9 million in legal weed products, according to the Maryland Cannabis Administration. Around half of the seven-day total, $10.4 million, was made just during the opening...
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Wells Fargo Strategist Doesn't See Tech Rally Stalling Until Fed Turns Aggressive, Says Market Resembles Boom Of Year 2000
Thursday, June 22, 2023 - 2:59am | 491Wells Fargo's head of equity strategy Chris Harvey reportedly said the rally in technology stocks will not stop until the Federal Reserve becomes more aggressive and breaks the economy. The market now resembles the tech boom of 1999 and 2000, which didn't end until tighter monetary policy had...
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S&P 500 To Correct 10% In 3-6 Months? Here's What Wells Fargo's Chris Harvey Says
Wednesday, April 12, 2023 - 6:03am | 432Chris Harvey, head of the equity strategy at Wells Fargo Securities, reportedly expects the S&P 500 to see a 10% correction in the next three to six months, dragged by worsening economic conditions. What Happened: "In our view, equity downside will be driven by worsening economic conditions, a...
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Wells Fargo's Chris Harvey Says Software Is A 'Crowded Trade,' Look Toward This Sector Instead
Sunday, August 29, 2021 - 11:20pm | 607Chris Harvey, the head of equity strategy at Wells Fargo Securities, on Friday told CNBC he believes the software sector is a crowded place and that media and entertainment are set to see a record rally. Bearish On Software: Harvey has downgraded the rating on software groups to underweight...
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Tesla Becoming New AOL, Cryptocurrency Resurgence And 8 Other Top Wells Fargo Predictions For 2021
Monday, December 28, 2020 - 7:54am | 771Chris Harvey, the head of equity strategy at Wells Fargo & Co (NYSE: WFC) advisory unit Wells Fargo Securities, gave his top 10 predictions for 2021 in an interview with CNBC’s Trading Nation. During the show, Harvey remarked that the markets and stocks could react...
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Equity Strategist: Buy Stocks, But Keep In Mind We're In A Recession
Thursday, April 9, 2020 - 10:23am | 441The Federal Reserve has taken the necessary steps in stabilizing stocks, and the market is now in a "much better place" than it has been for some time, Chris Harvey, head of equity strategy at Wells Fargo Securities, said Wednesday on CNBC's "Trading Nation." Wells Fargo...
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Alibaba, Apple, GLD, IYR: 'Fast Money' Picks For December 27
Thursday, December 27, 2018 - 8:38am | 147On CNBC's "Fast Money Final Trade", Pete Najarian said he saw some call options buying in Alibaba Group Holding Ltd (NYSE: BABA). He is a buyer of the stock. Chris Harvey wants to buy iShares US Real Estate ETF (NYSE: IYR). Gene Munster would own Apple Inc. (NASDAQ: AAPL). Brian Kelly...