Saturday Review’s recording (for 9/22/18) …Higher stocks, literally and figuratively.
A fast-moving week, even for Barron’s
This week was interesting. The Dow finally joined S&Ps with its own new highs, ending in Quadruple Witch expiration, with the Pot stock frenzy getting greater exposure.
There’s an interesting week ahead, too. The FOMC policy statement may hike rates, the Fed chair’s quarterly Q&A is always fun to trade, and end-o’quarter portfolio window dressing could help to absorb dips and power rallies. All starting with what the U.S. already announced, $200 billion in tariffs against China to be issued Monday, who already announced $60 billion to be levied in retaliation.
Meanwhile, the bigger picture continues ratcheting higher, and pointing higher, with each higher high creating new pullback limits and targets. Specific levels and paths there are discussed in detail at the start of this week’s Saturday Review. I also update my Cannabis sector stock coverage and themes.
The following stock requests were reviewed in this order:
TLRY, IIPR, TGODF, ACBFF, CGC, KSHB, FB, AMZN, AAPL, NFLX, GOOG, TSLA, NKE, T, GE
transcript