by Michael Vodicka | Jan 1, 2019 | All Updates, Weekly Update
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...
by Michael Vodicka | Nov 15, 2018 | All Updates, Weekly Update
The cannabis sector has been struggling through a pretty nasty bear market. Long-term investors are seeing some of their massive profits collected in the last two years eroded. New investors are off to a bit of a slow start. Today, I am going to explain what is...
by Michael Vodicka | Sep 15, 2018 | All Updates, Weekly Update
Greetings Friends, 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. Take a look below. Many individual stocks are up even more. For example, Canopy...
by Michael Vodicka | Aug 15, 2018 | All Updates, Weekly Update
Greetings Friends, The cannabis sector just went from being ice cold to red hot in one day. On Tuesday morning, Canopy Growth Corp (CGC), the largest cannabis company in the world, announced that Constellation Brands (STZ), the third largest US brewer has invested...
by Michael Vodicka | Jul 1, 2018 | All Updates, S&P 500 Stocks, Weekly Update
Greetings Friends, The first half of 2018 is in the books. It was a bumpy ride – but US stocks closed the first half of the year with some very solid gains – and cannabis stocks are heating up. Here’s a quick review of how global stocks performed in...
by Michael Vodicka | Jun 17, 2018 | All Updates, S&P 500 Stocks, Weekly Update
Greetings Friends, The US stock market got off to a bumpy start in 2018. In early February US stocks fell 10%. That drop made investors nervous – ‘is this the beginning of a huge meltdown or a normal correction?’ Today – it looks like a...