Is V For Victory?

Is V For Victory?

The NASDAQ completed a V pattern last Friday as the index hit 12,250. Looking at the past year, it’s fairly straightforward from here from a technical analysis perspective. As you can see on the chart below, 12,500 acted as a point...
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Are Troubles Far From Over?

Are Troubles Far From Over?

Sometimes the news and the prevailing narrative don’t match. Stocks were rolling higher on the belief the Federal Reserve was positioned to halt interest rates hikes due to tamer inflation. There was even some belief the economy could slow enough...
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Confirming Green Ahead – Again?

Confirming Green Ahead – Again?

Stocks went into orbit and fell like a Chinese spy balloon last week. On Thursday, stocks rocketed higher on the belief the Federal Reserve is likely to halt rate hikes and eventually lower rates because the economy is supposed to...
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Up Is Down And Bad Is Good – Say What?

Up Is Down And Bad Is Good – Say What?

The indecision continues to bother me. Wall Street isn’t sure what to do. Last Wednesday, the NASDAQ zoomed from the bottom of its technical trading box to the top. Strong volume accompanied the power move, giving the appearance of strength....
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Cannabis ETF MJ Basing & Volatility Patterns

Cannabis ETF MJ Basing & Volatility Patterns

Recently, the Cannabis sector has shown signs of increased volume, volatility, and a reasonably strong potential for a price base. Volume started increasing near mid-September as the price of MJ fell below $15. This support level originated from late Decembe...
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The Opportunity In Cannabis Stocks

The Opportunity In Cannabis Stocks

Whitney Tilson’s email to investors discussing the opportunity in cannabis stocks. The Opportunity In Cannabis Stocks Speaking of Empire Investment Report, one of our best recommendations was cannabis company Green Thumb Industries Inc (OTCMKTS:GTBIF), w...
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The Current Cannabis Sector Rally Is Pointing To Another Breakout

The Current Cannabis Sector Rally Is Pointing To Another Breakout

My research team and I continue to believe the Cannabis/Alternative sector is poised for a big trend in 2021 and 2022.  Over the past few years, this sector has continued to trend lower after the hype of 2016~2018 – back...
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4 Marijuana Stocks For The Cannabis Comeback

4 Marijuana Stocks For The Cannabis Comeback

Cannabis stocks are doing more than just blowing smoke Don’t call it a comeback yet, but go ahead and take a peek at how cannabis stocks have performed over the past few months. OK, well, actually call it a comeback. Because...
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