Good morning! Overnight action in
Good morning!
Overnight action in S&P and Dow index futures hasn”t traded positive at all, not unless considering a brief bounce that remained entrenched under Friday”s close. NDX futures are negative, too, but not as deeply. Despite being likely to gap down, fresh highs today remain possible — if not also likely, so long as a rally is obvious at or very near the open. The likeliest alternative would trend down aggressively and potentially retrace all of Friday”s recovery.
Action among MJ stocks greeted the weekend mixed. A quick check of press releases this morning — or, the lack thereof — depicts an eery silence among companies. Not all. I”ll comment on GBLX in this post”s thread in the Activity Feed. Comments on ATTBF and others will be added there, too.
Look for the Livedesk announcement this morning to review the opens among MJ stocks, and to get instant analysis of any chart you choose.
Enjoy!
