|Day Low/High||22.28 / 24.98|
|52 Wk Low/High||6.81 / 35.94|
Many of the stocks favored by speculative traders are coming on strong.
Urban-gro is a small company under the radar with substantial growth.
As legislation that would let pot stocks list on Nasdaq fails to take root, I'm cultivating other opportunities.
The cannabis sector is finally turning back up after a sharp correction that started in early February.
The main names that I'm focused on are leveraged to growth in the U.S.
The action so far looks to be driven more by fear of being left out than euphoric chasing.
The big cap technology names are doing much better.
The key here is bonds.
I believe that the corrective action of the last couple of days should be a platform for some good technical action.
We simply have more information now to draw on for shorter-term decision-making.
Much of the cannabis money is rotating back into bitcoin plays.
To navigate this market effectively you have to keep looking at leading sectors and themes and watch where the money is rotating.