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The Universe, week of Oct 19 2015… – If, Then… Market Timing

The Universe, week of Oct 19 2015…

[Note: I publish “The Universe” every weekend, updating my support and resistance calculations for Marijuana sector stocks. It is not a projection, but a handy reference… Non-Marijuana stocks are covered elsewhere during the week.]

Happy Anniversary! Monday, October 19, 1987 is called “Black Monday,” in part for the crash that happened that day, and in part as an homage to Black Tuesday, Oct 29 1929.

I’m certainly not convinced the market has bottomed, let alone that a new bull market is underway. But the parallels to 1987 are obsolete. That session was greeted by a market already in decline, and also yet to produce a wake-up call like August’s plunge. Neither of which prevents another downleg from beginning at any time.

Meanwhile, speculative interest among Cannabis stocks is improving. This week’s patterns of interest include ARNA, OGRMF, PMCB, TWMJF and XXII. We’ll review them during Livestox…

 

Marijuana Stock Universe for October 19, 2015
Reference this table during stock reactions
4-week # up: 10 9.90%
trends* # flat: 15 14.85%
# down: 76 75.25%
*The percentages of stocks rising or falling over 4 weeks.
symbol support resistance 4-week trend
ACGX 0.000 0.003 down
AERO 1.000 1.950 down
AGTK 0.000 0.004 down
AMMJ 0.070 0.150 down
ARNA 2.200 2.900 down
ATTBF 0.035 0.075 down
AVTC 0.000 0.400 down
BLOZF 0.130 0.240 down
BLPG 0.015 0.086 down
BRDT 0.012 0.031 down
BTFL 0.071 0.232 down
CAFS 0.001 0.011 down
CANL 0.440 0.740 down
CANN 0.600 1.330 flat
CANV 0.570 0.860 down
CARA 14.250 18.870 down
CBDS 1.630 2.660 flat
CBGI 0.000 0.005 down
CBIS 0.020 0.041 flat
CGRW 0.360 0.610 flat
CHUM n/a n/a down
CNAB 0.300 0.590 down
DEWM 0.001 0.003 down
DIGP 0.170 0.400 down
DSCR 0.000 0.025 down
EAPH 0.005 0.013 down
EDXC 0.007 0.019 down
ENCC n/a n/a down
ENDO 0.006 0.018 down
ENRT 0.017 0.037 down
ERBB 0.002 0.004 flat
ETST n/a n/a flat
EXMT 0.000 0.004 up
FITX 0.004 0.078 up
FSPM 0.000 0.250 down
FULL 2.960 3.160 down
FWDG 0.000 0.002 down
GBLX 0.270 0.460 up
GRCU 0.000 0.004 flat
GRNH 0.023 0.067 down
GWPH 86.620 111.000 down
HEMP 0.050 0.107 down
ICBU 0.000 0.003 down
IGRW 0.000 0.002 down
IMLFF 0.100 0.180 down
INCC 0.000 0.002 down
INSY 25.050 32.100 down
ITNS 0.001 0.005 down
KAYS 0.067 0.187 flat
LATF 0.000 0.001 down
LXRP 0.098 0.205 up
MCIG 0.023 0.052 down
MDBX 0.062 0.150 flat
MDCN 0.000 0.001 down
MDRM 0.008 0.025 down
MINE 0.000 0.002 down
MJMD 0.000 0.015 down
MJMJ 0.000 0.001 down
MJNA 0.031 0.042 down
MNTR 0.310 0.620 down
MSRT 1.410 1.880 flat
MYEC 0.014 0.021 down
MYHI 0.013 0.100 down
NDEV 0.016 0.053 down
NMUS 0.218 1.215 down
NRTI 0.000 0.002 down
NTRR 0.022 0.046 flat
OGRMF 0.280 0.389 up
OSLH 0.000 0.001 down
OXIS 0.015 0.027 down
PHOT 0.010 0.030 down
PLPL 0.080 0.125 down
PMCB 0.095 0.140 flat
PNTV 0.001 0.007 down
PZOO 0.001 0.005 down
QEDN 0.000 0.003 down
REDG 0.000 0.003 down
RFMK 0.000 0.002 down
RSSFF 0.030 0.100 down
SING 0.005 0.012 down
SKTO 0.000 0.004 down
SPRWF 0.082 0.165 down
SRNA 0.100 0.185 up
STEV 0.049 0.072 flat
TAUG 0.003 0.005 down
THCZ 0.075 0.013 up
TRTC 0.078 0.111 down
TURV 0.630 0.890 down
TWMJF 1.330 1.700 up
UPOT 0.040 0.125 down
USEI 0.000 0.003 down
VAPE 0.034 1.000 down
VAPR 0.000 0.050 down
VGPR 0.000 0.002 down
VHUB 0.025 0.048 up
VPCO 0.400 0.840 down
VPOR 0.000 0.001 down
WDHR 0.000 0.002 down
WOGI 0.005 0.013 flat
XTRM 0.001 0.004 flat
XXII 1.100 1.420 up

5 Comments

  1. fennecby on October 18, 2015 - 1:51 pm at 1:51 pm

    thanks Rod.
    Couple of unanswered questions from last week after livestox – mind checking them out? [BTX, KMDA]



    • Rod David on October 19, 2015 - 1:35 pm at 1:35 pm

      Sorry, these weren’t pushed to me previously…

      BTX — That gap down was swallowed whole, and resolved in fresh recovery highs. But a couple of consecutive closes above 4.11 is needed to confirm the trend has actually reversed up.

      KMDA — I don’t think that’s a bottom, but repeating today’s rally tomorrow would be of interest.



      • fennecby on October 19, 2015 - 3:11 pm at 3:11 pm

        thanks Rod.



  2. Brett Halloran on October 19, 2015 - 11:43 am at 11:43 am

    Hi Rod, just a follow up on VAPE.. is the rally DOA?



    • Rod David on October 19, 2015 - 1:43 pm at 1:43 pm

      VAPE — .034 is the line in the sand, and probing it so deeply today already is likely to close under it. That’s not to say a new downleg is beginning, or that a protracted bottom can’t form. But resuming the recent rally would require some such interruption for new sponsorship.