The Universe, week of September 28, 2015… Dodging (some) bullets.

[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.]

The stock market has been ranging sideways. albeit in a very wide range with very wide intraday ranges. I still expect Round-Two of the plunging action that ended August. Last week’s market stories included the drug pricing controversy, which took a toll on Biotechs. So, my bearish picks GWPH and INSY declined, as did my bullish pick CARA.

Other stocks in the Cannabis sector are largely sitting things out. Not necessarily in a good way — VAPE hit my downside target in the .09 range but never developed any bullish behavior, and ended the week down another 50% from there. That’s not going to bottom immediately… TRTC, meanwhile, is a bottoming pattern that has taken too long to resolve, and has instead become top-heavy. I’ll review this again if new lows were to print.

Attractive patterns still include CANN, whose pullback should end this week if the recovery is valid. A new entry is THCZ which shot up out of a basing pattern that is likely to find a second wind.

Marijuana Stock Universe for September 28, 2015
Reference this table during stock reactions
4-week	# up:	7	6.93%
trends*	# flat:	15	14.85%
	# down:	79	78.22%
*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	0.009	down
AMMJ	0.070	0.182	down
ARNA	1.490	2.900	down
ATTBF	0.035	0.075	down
AVTC	0.000	0.400	down
BLOZF	0.130	0.340	down
BLPG	0.015	0.086	down
BRDT	0.012	0.048	down
BTFL	0.071	0.232	down
CAFS	0.001	0.011	down
CANL	0.440	0.740	down
CANN	0.330	1.160	flat
CANV	0.570	1.340	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	0.320	0.750	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	3.060	3.660	down
FWDG	0.000	0.002	down
GBLX	0.270	0.460	flat
GRCU	0.000	0.004	flat
GRNH	0.023	0.067	down
GWPH	86.620	111.000	down
HEMPD	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	0.122	0.181	up
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	0.188	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	0.110	0.310	down
OSLH	0.000	0.001	down
OXIS	0.015	0.027	down
PHOT	0.010	0.030	down
PLPL	0.109	0.177	down
PMCB	0.080	0.129	down
PNTV	0.001	0.007	down
PZOO	0.004	0.008	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	0.000	0.005	down
THCZ	0.075	0.013	up
TRTC	0.100	0.165	flat
TURV	0.630	0.89	down
TWMJF	1.240	1.490	down
UPOT	0.080	0.270	down
USEI	0.000	0.003	down
VAPE	0.027	0.087	down
VAPR	0.000	0.050	down
VGPR	0.000	0.002	down
VHUB	0.040	0.059	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	down
XXII	0.085	1.100	flat