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Aaaaand… we’re off! – If, Then… Market Timing

Aaaaand… we’re off!

The new week has begun, and Marijuana Stock Technical Trader is officially covering the cannabis sector. A universe of 60 stocks with annotated charts and commentary will be made available overnight. I am marking up the charts with my notes in groups of 10, alphabetically (sorry, ZDPY).

This list is culled from a combination of Alan Brochstein”s
420 Investor universe, and from comments / messages posted over the weekend to Marijuana Stock Technical Trader.

A glossary / FAQ will be available to help discern some of the jargon. But that”s no reason not to ask for clarification or elaboration to better understand the analysis. 

Two caveats…

The first, only half-jokingly:
Singer George Michael is in the news for having quit cannabis 1-1/2 years ago. There”s the Crimean referendum, a mysteriously vanished Boeing 777, and George Michael has sobered up. Slow news day. All kidding aside, don”t take this for granted — be on watch for any other pop culture stories.

Caveat number-two: The broader market rally is at a big decision point after declining throughout last week. Early going overnight dropped 60 Dow points, which have since been recovered. Europe”s exchanges open in 3 hours, and the US regular open is still 8 hours away. Cannabis stocks largely side-stepped the broader market”s last downleg. Second time isn”t always so charming.

Now, two lists — the second one to follow in a separate post 

DISCLOSURE: I and immediate family currently own AVTC, CBIS, CBGI, EDXC, PHOT, MCIG, MJNA and VAPR. There will never be a change to these positions that isn”t consistent with previous still-current comments and chart annotations. I will announce on this blog any changes to these positions. And no new position will be added for any newly initiated coverage without at least one full day passing.

Best of luck to all!