Livestock 11/10/2014
Monday”s Livestock discussed the crossroads where the Marijuana sector currently stands. Between tax loss selling pressures subsiding, and election results reactions being absorbed, many stocks continue to be in downtrends.
I compared charts of some of those ongoing downtrends to charts of stocks that might have bottomed already and are now pulling back to support. TAUG, ATTBF and FITX, vs. EDXC, ERBB, and TRTC. Which would you rather be chasing?
We also discussed non-Marijuana stocks like TKMR,NLNK, NFLX and AAPL, and I listed several of the stocks to be included in this week”s January Effect candidate report.
Enjoy!
