Prev Close | 15.93 |
Open | 15.94 |
Day Low/High | 15.70 / 16.27 |
52 Wk Low/High | 2.07 / 15.05 |
Volume | 247.37K |
Prev Close | 15.93 |
Open | 15.94 |
Day Low/High | 15.70 / 16.27 |
52 Wk Low/High | 2.07 / 15.05 |
Volume | 247.37K |
Exchange | NASDAQ |
Shares Outstanding | 77.82B |
Market Cap | 1.30B |
P/E Ratio | N/A |
Div & Yield | N.A. (N.A) |
Bitcoin names are hot while Cannabis stocks are jumping back. It is a stock picker's market, right now.
Much of the cannabis money is rotating back into bitcoin plays.
The interest in stock picking keeps the mood very positive, and I don't see that shifting too quickly.
The main themes are bitcoin, cannabis, stocks priced under $10, small biotechnology, and small-caps in general.
There are much better places an investor can put their hard-earned cash, whether they want an aggressive or a moderate name.
Study those charts and be ready to act as things develop.
My favorite group at the moment is cannabis.
Nearly 900 stocks are hitting new 12-month highs.
There are plenty of opportunities out there, but you have to be quick.
Georgia's election results have given the industry a big green light, meaning positive moves are expected out of cannabis stocks.
I'm focused on stock picking and continue to hunt for more sector plays.
If Democrats score, marijuana names could benefit.
There is some good dip buying on my screens in the early going.
VFF was not a very exciting business until it entered into a joint venture with Emerald Health Therapeutics.
TLRY has an active options market, so risk can be defined.
It favors aggressive stock picking right now.
The primary problem is that there was just too much wild speculative action on Monday and Tuesday.
The stock picking is exceptionally strong and has little correlation with the indices.
Quite a few stocks are going through the pain of reevaluation.
While the market appears to be enjoying the election results (so far), here's my take on electric vehicles, health care, metals and restaurants.
Firms should be using their high stock price to grab other businesses to expand, so they're ready when things return to normal.
We have multiple bullish divergences to justify a buy.
The daily picture has my attention. The big watch here is the 50-day simple moving average.
It continues to be a very good market for aggressive traders that focus on stock-picking and sectors.
That doesn't mean we'll move straight up over the summer, but we'll get plenty of virus, China, stimulus, cannabis, and unemployment chatter.
But its investors may still feel burnt from the diluted shares; meanwhile, the new year could be when several cannabis stocks go to pot.
If you want to find cheap stocks with great potential to rebound in 2020, the best place to look is marijuana names.
Prices are dropping faster than Myles Garrett from fantasy football rosters just as costs are about to rise.