Cannabis Stocks

Yeti Holdings Jumps 15% on Earnings Surprise: Buy, Sell or Hold?

I see an exciting company that just started trading on the NYSE that I want to share with everyone. Yeti Holdings (NYSE: YETI) is probably a familiar name to a lot of people.Yeti stepped into the US cooler and drink ware industry in 2006 and proceeded to quickly revolutionize the game. Yeti shares just began…

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Cannabis Stock Index up 30% in 2019 – Head Fake or New Rally?

Cannabis stocks are off to a hot start in 2019. In the first three and a half weeks of the year the North American cannabis stock index is already up 30%. Take a look at the big rally below. Canopy Growth Corp (CGC), the largest cannabis company in the world, is up 85%. Take a…

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VIDEO: Thailand Legalizes Medical Cannabis

Thailand voted to legalize medical cannabis use and research. This is another big win for the global cannabis industry. Asia is home to some of the toughest drug laws in the world. It shows that the continent’s attitudes about cannabis are evolving.

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Cannabis Stocks Struggled in 2018 – Here’s What I Expect in 2019

2018 is history. Today I’m checking in to do a review of the cannabis sector in 2018 and share my outlook for 2019. After delivering big annual returns in 2016 and 2017 – 2018 turned out to be a tough year for cannabis stocks. The North American cannabis index fell 34%, opening the year at…

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S&P 500 Down 2.57% in 2018 – Here’s my Outlook for 2019

2018 is history. It was a pretty bumpy year for the stock market. Today I’m checking in to share my annual review and outlook for 2019. After delivering a big return of 23% in 2017, US stocks closed 2018 in the red. The S&P 500 (SPY) fell 4.57% on the year. When adding a 2%…

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VIDEO: Is the Federal Reserve Trying to Crash the Economy?

The federal reserve kept interest rates at an all-time low for eight years. Then in 2016 something changed. The fed began aggressively raising and interest rates just hit a new 10-year high. Here’s my big question – what happened in 2016 that caused the fed to completely flip its attitude about interest rates?

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VIDEO: Canopy Chart Flashing Potential Reversal

Canopy is flashing some bullish signals on the chart. Shares just broke a three-month down trend. The RSI says shares have been deeply over sold. And finally I see a lot of support between $35 and $40 for the WEED ticker. Michael Vodicka owns shares of Canopy Growth Corp. Disclaimer: This report is for entertainment…

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VIDEO: S&P 500 Up 20% in 2 Years Despite Bear Market

The S&P 500 had a very brutal fourth quarter, plunging the index into the red for 2018. However, if you look at the S&P 500 on a multi-year interval, despite this nastly bear market the returns have been excellent for the last five years.

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S&P 500 Relief Rally has Arrived – Is it a Head Fake?

The relief rally has arrived. After a brutal stretch in the first three weeks of December, the S&P 500 had one its best rallies in seven years, jumping 5.5% from Wednesday to Friday. You can see the nice rebound in the 12-month S&P 500 chart below. The S&P 500 is still down 5.4% in 2018…

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