Stay focused on sectors and rotational action if you want to navigate the action.
This market is not nearly as strong as it looks.
There is some very ugly action under the surface.
Charts look vulnerable for the cannabis name as earnings disappoint.
A look at STZ after its latest earnings report.
I'm currently heavily invested in several stocks that are drifting around as I'm quite confident that the eventual catalysts will come.
Here's what I would do now.
There is plenty of upside for a trade, but I think MSOS is a long-term buy and hold as well.
New York became the 16th state to legalize adult use cannabis.
The fundamental story and the technical story are not on the same page.