Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the disable-gutenberg domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/jwl23/public_html/rd.johnlander.me/wp-includes/functions.php on line 6131
The Universe, week of March 7, 2016… With special announcement – If, Then… Market Timing

The Universe, week of March 7, 2016… With special announcement

[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.]

This is still the first week in more than 6 months to be greeted by double-digit number of cannabis stocks that are in rising 4-week trends.

The rate of improvement did slow from prior weeks. So, this week is likely to inflect — either our readings will dip back down, or accelerate to an even more substantial rate of improvement. If the former, there is room for a brief pullback, and the recent gains suggest a dip would be only temporary.

If the latter, then the improvement should be obvious. Is something on the horizon that might account for the accumulation? Not an investment conference, but a legislative action, or a certain presidential candidate’s chances improving? We may soon see…

On another note, expect to receive new login instructions in the next two days. Our virtual portfolio partnership will start simultaneously, and Investment Policy Committee meetings will commence.

Marijuana Stock Universe for March 7, 2016
Reference this table during stock reactions
4-week # up: 10 12.20%
trends* # flat: 27 32.93%
# down: 45 54.88%
*The percentages of stocks rising or falling over 4 weeks.
symbol support resistance 4-week trend
AERO 1.500 1.500 flat
AGTK 0.005 0.009 up
AMMJ 0.070 0.160 flat
ARNA 0.950 1.650 down
ATTBF 0.035 0.075 flat
BLOZF 0.087 0.163 flat
BLPG 0.015 0.086 down
BRDT 0.012 0.031 flat
BTFL 0.000 0.005 down
CAFS 0.001 0.004 down
CANL 0.053 0.290 flat
CANN 0.350 0.550 down
CANV 0.110 0.215 flat
CARA 2.750 5.900 down
CBDS 0.070 0.600 down
CBIS 0.005 0.017 down
CGRW 0.360 0.610 flat
CHUM n/a n/a down
CNAB 0.150 0.330 down
DEWM 0.002 0.004 up
DIGP 0.120 0.220 down
EAPH 0.004 0.009 flat
EDXC 0.007 0.019 down
ENCC n/a n/a flat
ENDO 0.005 0.009 flat
ENRT 0.005 0.014 down
ERBB 0.001 0.003 flat
ETST n/a n/a down
EXMT 0.000 0.004 down
FITX 0.001 0.004 down
FULL 2.050 2.520 down
FWDG 0.000 0.002 down
GBLX 0.175 0.280 up
GRNH 0.009 0.029 down
GWPH 37.750 51.450 down
HEMP 0.010 0.040 down
ICBU 0.000 0.003 flat
IGRW 0.000 0.002 down
IMLFF 0.110 0.180 flat
INCC 0.000 0.002 down
INSY 14.950 21.250 down
ITNS 0.001 0.005 flat
KAYS 0.067 0.187 flat
LXRP 0.060 0.110 down
MCIG 0.029 0.052 up
MDBX 0.006 0.051 down
MDRM 0.040 0.108 up
MINE 0.019 0.040 down
MJMJ 0.000 0.001 flat
MJNA 0.028 0.044 down
MNTR 0.220 0.036 flat
MSRT 0.830 1.410 down
MYEC 0.008 0.012 down
MYHI 0.013 0.100 down
NMUS 0.450 1.070 flat
NTRR 1.120 1.800 flat
OGRMF 0.435 0.630 down
OXIS 0.470 2.650 down
PHOT 0.034 0.076 up
PLPL 0.063 0.108 flat
PMCB 0.043 0.074 down
PNTV 0.001 0.003 flat
PZOO 0.000 0.002 down
RMHB 0.028 0.051 flat
RSSFF 0.030 0.100 down
SING 0.006 0.014 up
SPRWF 0.225 0.375 up
SRNA 0.052 0.087 down
STEV 0.015 0.037 down
TAUG 0.001 0.004 down
TRTC 0.115 0.160 up
TURV 0.463 0.770 flat
TWMJF 1.800 2.400 up
UPOT 0.010 0.050 down
VAPE 0.003 0.023 flat
VAPR 0.000 0.020 down
VGPR 0.000 0.002 down
VHUB 0.025 0.048 down
VPCO 0.000 0.095 down
WOGI 0.001 0.004 flat
XTRM 0.001 0.004 flat
XXII 0.089 1.395 down

3 Comments

  1. fennecby on March 7, 2016 - 3:54 am at 3:54 am

    looking forward!
    mind looking at WYY again? any signs of basing?



    • Rod David on March 7, 2016 - 8:45 am at 8:45 am

      Lower and lower targets are being met, but the ongoing series of lower lows and lower highs has continued uninterrupted. Lately another problem has developed in volume contracting considerably. That makes basing even more difficult to begin, let alone for that to evolve into a new upleg.



      • fennecby on March 7, 2016 - 2:42 pm at 2:42 pm

        Roger that. Steering clear.