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An interesting start to the – If, Then… Market Timing

An interesting start to the

By Rod David | January 2, 2015 - 3:39 pm

An interesting start to the new year. The broader market extended its decline to levels that could be the lower-end of a trading range. That would allow (if not actually foreshadow) rotation into the laggards as I described in this morning”s blog post. Indeed, there were quite a few double-digit pops among Marijuana stocks (E.G. GBLX, CBIS, NRTI, GRNH, HEMP, ENRT) that weren”t otherwise in motion before today. Those area examples, and not picks, but nonetheless potentially representative of pent-up buying pressure. The question is whether today”s surges already expended it all. Enjoy the weekend!

Posted in Bigger Picture