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...
by Michael Vodicka | Aug 16, 2020 | All Updates, Weekly Update
Weed stocks are on fire. The sector has seen an enormous rally in the last three months. Today I am going to explain what has been driving the big rally and reveal what we should expect moving forward. Weed stocks have seen a huge rebound in the last four months. The...