by Michael Vodicka | Sep 29, 2020 | All Updates, Weekly Update
COVID-19 caused many promising companies to delay going public. Now that the global and U.S. economies are slowly emerging from the crisis the IPO market is heating up again. Many companies that wanted to go public last spring are going public this fall. That’s...
by Michael Vodicka | Sep 26, 2020 | All Updates, S&P 500 Stocks, Weekly Update
September is historically the worst month of the year for US stocks. It is the only month of the year with a negative return from 1925 to 2019. You can see that in the chart below. This trend has played out in 2020. S&P 500 (SPY) was down as much as 10% from the...
by Michael Vodicka | Sep 13, 2020 | All Updates, Weekly Update
Stocks were down again this week. As I said in my previous update, I view this weakness as a normal pullback after a huge rally for the last five months. I expect this pullback to be short lived and create a new opportunity to buy low. Here’s a link to last...
by Michael Vodicka | Sep 6, 2020 | All Updates, S&P 500 Stocks, Weekly Update
After an incredible rally for the last five months US and global stocks took a tumble last week as volatility returned to the market. The S&P 500 (SPY) fell 4.6% from its high point of the week. The NASDAQ 100 (QQQ) was down as much as 10% from its recent high...
by Michael Vodicka | Aug 27, 2020 | All Updates, Weekly Update
Like many other states, the Pennsylvania economy has been wounded by COVD-19. However, the governor has a solution to repair some of the damage – legalize cannabis. On Tuesday, Pennsylvania governor Tom Wolf (D) announced that legalizing recreational cannabis is a...
by Michael Vodicka | Aug 20, 2020 | All Updates, Weekly Update
Arizona just successfully passed a ballot initiative (Prop 207) that will have the state voting on legalizing recreational cannabis on November 7. If Prop 207 passes, annual cannabis sales in Arizona would quickly jump above $1 billion. Today, I am going to reveal two...
