Even though cannabis-sector stocks have dropped more than 50 percent since the March peak, the Benzinga 420 Marijuana Index is still up 244 percent YTD.
The burst at the beginning of the year came after widespread media coverage of Colorado’s recreational legalization, but along with NASDAQ, the MJ market has recently corrected.
Heightened scrutiny by FINRA and the SEC (which […]
Even though cannabis-sector stocks have dropped more than 50 percent since the March peak, the Benzinga 420 Marijuana Index is still up 244 percent YTD.
The burst at the beginning of the year came after widespread media coverage of Colorado’s recreational legalization, but along with NASDAQ, the MJ market has recently corrected.
Heightened scrutiny by FINRA and the SEC (which […]
Last week, the Austrailian Bureau of Labor Statistics released its December CPI data. The inflation number came in at .8 instead of .4, causing a lot of volatility on the AUD/USD forex pair. Speculators tried to grab some of the move that was expected right after the announcement. Others sat back and let the news come out and be over with, before […]
When buying a stock during a large pullback, sometimes the question needs to be asked, “is this a pull-back, or an emerging down-trend?”
Tuesday’s trade review looks to capitalize on a stock that has gone through one of these larger pull-backs not-yet-a-down-trend, and could be on the verge of a big turnaround – Neogen (NASDAQ: NEOG).
Neogen was having a phenomenal […]
After rough October and November months, Biotech (XBI) finished the year on a high note, back up towards yearly highs.
Thursday, one of its constituents looks like a great buy – Celldex Therapeutics (NASDAQ: CLDX). This Biotech stock has a strong technical set-up in daily and weekly time-frames, and has huge potential upside.
CLDX hasn’t been great since October, but through […]
The market is open through the end of the week, and while stocks are moving at a snail’s pace Thursday afternoon, there are still some decent trading opportunities to take advantage of.
With the “Santa Rally” in full effect, let’s take a look at a quick trade in the Financials sector that is likely to be successful in the final four […]
