News and Updates
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....
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 on Pace for Worst December Since the Great Depression – Time to Bail or Buy More?
Greetings Friends, Apparently US investors were naughty in 2018 because there hasn't been a Santa...
Cannabis Sector Down 26% from 52-Week High: Panic or Stay Patient?
The cannabis sector has been struggling through a pretty nasty bear market. Long-term investors...
S&P 500 Down 10% from 52-Week High – Time to Panic?
Global stocks are coming off one of their worst weeks of the year. No doubt investors are a bit...
S&P 500’s 7.2% Return in third Quarter Best in Five Years
The third quarter of 2018 is history. Despite the usual pessimism from the financial media, it was...
North American Cannabis Sector Jumps 50% in Four Weeks – Canopy up 100%
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. Those big gains were driven Canopy’s record $3.8 billion investment from Constellation Brands (STZ). And looking forward I am expecting more of the same – I see more gains ahead.
Canopy Growth Corp Jumps 47% in one Day on $3.8 Billion Mega deal with Corona Brewer
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 $3.8 billion in Canopy. This is a game changing deal. Its the largest deal in the history of the cannabis industry. It gives Canopy a direct link to Constellation global distribution network into more than 100 countries.
NASDAQ 100 up 11% in First Half of 2018 – Cannabis Stocks Rallying and Moving into Seasonally Strong Time of Year
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 the first half of 2018 – and what we can expect in the second half of the year.
S&P 500 on Pace for 12% Gain in 2018 – Cannabis Stocks Rallying Big and Moving into Seasonally Strong Time of Year
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 correction. US stocks were quick to rebound from the weakness.