We’re booking some big profits in a bank stock near record highs that we still love

We’re booking some big profits in a bank stock near record highs that we still love

We’re selling 10 shares of Goldman Sachs at roughly $835 each. Following Wednesday’s trade, Jim Cramer’s Charitable Trust will own 200 shares of GS, decreasing its weighting in the portfolio to about 4.4% from about 4.6%. The financials were one of the top-performing groups in the market Wednesday, and we are capitalizing on this strength…

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Congress hemp ban raises fears of mass layoffs and black market growth

Congress hemp ban raises fears of mass layoffs and black market growth

The hemp industry is bracing for layoffs, production reductions and billions in lost revenue after Congress passed a government funding bill late Wednesday containing a surprise provision that will ban nearly all hemp-derived consumer products. Hemp, a derivative of the cannabis plant, was legalized in the 2018 Farm Bill for industrial uses like rope, textiles…

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