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Bigger Picture – Page 534 – If, Then… Market Timing

Bigger Picture

Register for Thursday night”s January

Register for Thursday night”s January Effect webinar here:
https://attendee.gotowebinar.com/register/1820053309492481

It”s not on Livestock or Livedesk, but on GotToWebinar. So, please follow the link above and register to attend. I”m sending another invite separately later today, but you might want to get it done now.

Thanks!

Here”s the link to this

Here”s the link to this morning”s Livestock at 10:45 ET:
https://roddavid10.mitel-nhwc.com/join/pcxsrhm

Joining by iPad or Android tablet? Here”s the teleconference info:
Logging in by (605) 562-0020
Meeting ID: 976 912 682 #

Today”s 10:45 ET Livestock will

Today”s 10:45 ET Livestock will review opening action among MJ stocks and other stocks of interest. A reminder alert will include the teleconference information for members wanting to access via iPad, Android tablet, or satellite phone. I”ll add any other immediate impressions of opening action to this post”s thread in the Activity Feed.

Not a very remarkable open,

Not a very remarkable open, at least not optimistic.
VAPE — Narrowly avoided closing yesterday under 1.58, now firming, but must close above at least 1.70 to even begin being relevant.
INSY / GWPH — Trading inversely to some degree, and now INSY is bouncing as GWPH potentially resumes its decline after highlighting yesterday”s resistance test.
MCIG – Recovering back above.28 from this late stage is increasingly unlikely, making new lows increasingly likely.
ATTBF — Still trickling down relentlessly, which isn”t typically the stuff of bottoms, and more like expending buying pressure optimistically without it being productive.
TRTC — It”s getting a little late to still be retesting Friday”s low, which yesterday”s retest should have exploited if it were exploitable.
VPOR — Fresh lows confirming the two-week old rally was simply offsetting its oversold condition. Should test .0144, and that”s the last opportunity prior to fresh lows for a meaningful reaction up.