A last month of 2018 was definitely the ugliest from whole year. No wonder, we got another correction and technical beginning of bear market. Pre-Christmas trading was the scariest since I don’t even remember when. This article from MarketWatch shows the fancy figures and pictures about that. On the other hand, the last week of…
DetailsWhat is a current support level in the US stock market and how likely is it going to stay above? Christmas time period is usually rather bullish for a stock market, which we cannot really say this year. The financial markets in the United States and Europe are experiencing the lowest valuations since February. During the…
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Should I sell STOCKS and buy GOLD? Well, something like that! The US Stock Market has been experiencing a wild correction in the recent months. Those who managed to see this sideways pattern and enjoy higher risk could have certainly enjoyed the fruitful profits from the swings depicted in a below orange channel. Last time…
DetailsThe Pot Stocks Are Still In Consolidation! Cannabis stocks have been riding a wild rollercoaster this year. Legalization in Canada and increasing public awareness in the US is pushing the companies’ valuations to the extreme levels. Nevertheless, it is the most speculative industry on the financial market this year and thus, the prices go up…
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The US stock market is happening to be in another correction – second this year. The market has already dropped more than 10% from its highs. However, it is still 5% up year over last year. The stock market’s infirmity started at the beginning of October when major indices failed to break out above the…
DetailsPullback or Bear Market? The stocks started to show a sign of consolidation after 3 weeks of declines. We are experiencing another market correction like the one we had in February. Please be aware this is not a bear market, this is a pullback that investors can take advantage of. A current market review…
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The first time we reviewed Canopy Growth Corporation (WEED.TO) was at the end of April this year. The stock was about to complete a triangle pattern which successfully revolved to an exceptional breakout. See here. That was the first great time to acquire some shares. We believe that now it is a second favorable opportunity…
DetailsStock markets have finished rather down than up on the last week, however, it is important to note that money is flowing between sectors at the moment. As suggested in a market review two weeks ago, there are industries going down as well as up. Before we jump on the chart analyses, there were two…
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The US Aerospace industry has finally taken off from its runway of 2018 as we have already mentioned in a market review last week. This is the right time for traders and investors to take action and look for the opportunities in a sector that was trading sideways since the beginning of the year and…
DetailsHow to trade a top marijuana ETF in North America! We have been experiencing a very wild ride in the marijuana stock market recently. People are comparing this pot mania to a bitcoin spree last year. There is, however, one crucial difference – bitcoin has no intrinsic value. Cannabis carries so many values and human being has…
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