Archive for September 2018

S&P 500’s 7.2% Return in third Quarter Best in Five Years

The third quarter of 2018 is history. Despite the usual pessimism from the financial media, it was an awesome quarter for US and global stocks. The S&P 500 was up 7.2% – its best quarterly return since 2013. The Dow Jones Industrial Average was up 9%. The tech heavy NASDAQ was up 7.1%. Global stocks…

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North American Cannabis Sector Jumps 50% in Four Weeks – Canopy up 100%

It’s been an awesome month for the cannabis sector. The North American Cannabis index jumped more than 50% in the last four weeks for its best month of the year. Those big gains were driven Canopy’s record $3.8 billion investment from Constellation Brands (STZ). And looking forward I am expecting more of the same – I see more gains ahead.

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