DOW 18,000 ?
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A good question to ask oneself now may be this :
So will this thing Breakout or will it Clonk its' head ?
Man.....That's an astounding and perhaps record gain.....
And I just LOVE how it DEMONSTRATES the POWER of STRING LINES.
Meanwhile :
So will THIS thing Breakout or will it Clonk its' head ?
S&P Futures up 12.8 (4am pacific)
Thanks for that data.
It's nice to have someone offering it.
There's only 1 person here posting charts.
And I don't appreciate your slanderous veiled personal attack(s).
Yet no deletion ?
Plus I don't use "scare-tactics" - I report on what's happening.
For eg. : What could lift Canopy up over $60 ? I asked this board sometime last Friday.
Then answered the question by saying "Trade Progress"
Don't know whether there's been any but it sure kinda looks like it.
Last night : https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147076342
S&P Futes this morn = +12
Hey I know you guys don't much believe in stock charts but
But you might want to give them a second thought (after seeing this) ;
Shanghai, China ;
Make that up OVER 4 % . . . . . With a good couple hours remaining.....
I guess if that breaks out then - the sky'd become the limit : Which'd be bullish for all global equities
Including WEED
Further re: Overseas :
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147076293
Can't help but wonder how long he was with TEVA
As well as why and when he departed
hmmmm.......
Hey !....I see Canopy just hired ANOTHER Doctor - How much do those guys earn a year ?
http://ih.advfn.com/stock-market/TSX/WEED/stock-news/79327101/canopy-growth-appoints-dr-danial-schecter-as-dire
He'll continue making house calls though ?....That seems kinda weird.
Would ATD.B only be selling Canopys' weed ?......
Or might other LP's products also be sold ?
Is this just a real stupid question ?.....
I wonder.
Amyways.....
Turns out ?......Company's simply been yet ANOTHER huge benefactor of the insanely loose
Central Bank Policy these past 10 years.....
Same as Canopy has been !.......
That Clay (in his video) completely neglected to mention - Loose Central Bank Policy all these years
Geeenspan / Bernanke / Janet Yellen and now Powell
Where it's like ....... Guh !.......A Monkey could'a gotten rich as long as it stayed bullish
Broad mkt influences - Them's count as well :
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147076293
Yeah / Well / No / Figures : Have a look at Asia
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147074692
9 trading days ago :
Now what S&P 500 ? . . . . That's right ; You're The Man ! . . . . Risk ON !
Quit sayin' "4 billion" when he's spending so fast....
Like, how much did that freaking Carts-Tooche-Thing just cost him ?
And/or that Germany company : Dr. Scholls ?
Plus how 'bout that Dr. Witch over there in Great Britain ?
Is SHE still on the "payroll" ?
The one that's so into lobotomys ?.....
Right ?.....Dr. What's-Her-Name ?
Just WHAT is the burn-rate on that there 4 billion ?
I'll betch'ya it's something jaw-dropping !
Not that I'm super-bearish on the stock-price right now tho or nuthin'
Am just reminding folks of a few facts and that....
So I'm sorry if this videos' sound doesn't work :
But note : It seems to have a couple hot-looking nurses !
Had to look up esoteric : Dictionary said : taught to a select few : secret : mysterious : initiated - Ha !...(considering that my only tool's a red spool of thread)....Guess the simple brochure which I came upon 30 years ago and which led me to a decade or so of hand-charting (back when things traded in increments of 8ths only, forcing me to fabricate my own stupid graph paper) lead to my becoming an esoteric "technician" !.....Yes, why I even had use a step ladder to view long term charts and/or stand on the roof of a motor-home....all the time hoping that a wind wouldn't kick up.....So in that regard yes, perhaps I've been "initiated". But NOW my only tool is a red spool of thread....That and/or Microsoft Windows Paint !
At any rate, one of the things that I've learnt is that - Charting is One Thing - Trade execution another !
Bullion !.....Tokyo !.....London ! .....France !
Weed stocks, etc., etc. !
Here I'd think anything over 2.90 ?.....Could well be "Confirmation" !
Closed at 2.81 last Friday - Low was 2.75
So sub 2.75 might be like - Wo um, hold on here - Better get the red thread out
Thing might be coming back down to 2.50 !
But I'd be surprised if that happened because
We've seen several positive moves (indications) !
Even Frankfurt looks to be "in synch" :
This from 3 weeks ago :
That from 3 weeks ago - when it WAS at 28.000
Tokyo has started to re-eye its' 24 - This from Jan 11th - 10 trading days later and it's now at 21,500
Imagine how much a Trade Deal "Progressing" (announcement) would "help"
This from Sept. 24th : See that 24,000 Level (compare w chart above)
This is from way the heck back in JUNE 2017 !.....when it hadn't even HIT its' 24,000 yet !
I dunno - Hope that helps
Hey ! - Never clearly answered the question there Scott.....
So, mind if I try asking again ?.....Thanks !
Possible ?......Or NOT ?
Or wait because maybe U did - I dunno - Replied saying - ".30 to .40 cents on a .96 cent stock"....
Ok nevermind....it's just that that seemed a bit vague
All the best to you Sir
They're just chomping at the bit to bust her up and out over The 2800 Level !
This chart's from last Tuesday :
Since then :
The Powers That Be are just ITCHIN' to bust it on UP and well over that 280 . . . . .
Both Presidents, Central Bankers and Wall Street Participants are just chomping at the bit !
The Mario Draghi's of this World, ALL want to see this Great Up-Spike continue !
And may the good Lord (or rather, Satan) bless them in their efforts !
As they grab the bull by its' horns.
They're just chomping at the bit to bust her up and out over The 2800 Level !
This chart's from last Tuesday :
Since then :
The Powers That Be are just ITCHIN' to bust it on UP and well over that 280 . . . . .
Both Presidents, Central Bankers and Wall Street Participants are just chomping at the bit !
The Mario Draghi's of this World, ALL want to see this Great Up-Spike continue !
And may the good Lord (or rather, Satan) bless them in their efforts !
As they grab the bull by its' horns.
My Cup and Handle (Theory) *Double* Breakout :
Two and one half weeks ago -
Currently :
Regardless,
I might try to get a low-ball bid entry and if it goes anywhere's below what I paid - jump ship !
Seems like a fairly safe strategy, no ?......Especially what given your recent DD discoveries.....
Currently sitting at 1.25 Cdn - or .96 cents U.S.
editing
You bet surfcat -
I caught that post and have been meditating on a few of its' points :
1) There must be hundreds of companies now in the space which dozens of Newsletter / websites must cover.
Hours upon hours of research can be spent. Do I know of any good prospects (whose sp hasn't near-doubled say over the past 6 weeks ?).
Do I know of any good prospects ?....Pues, sorry amigo, but I've never even bothered to create a watchlist (which long-ago should've been my Step #1), of the dozens of companies now in the space....
Occasionally the name of one of them might just come to mind - and if it looks any interesting I'll probably post on it's board.
Hundreds of companies which one could research OR alternatively ;
JUST BUY THE LARGEST ONE - CANOPY GROWTH (largest by market cap at least).....
Because, if one just bought the largest and most widely known,
couldn't just "The Greater Fool Theory", work to ones advantage ?
It's a ginormous subject that's for sure - edibles ! green-houses ! fertilizers ! Beverages ! Vape Pens ! etf's.....
Countless "interesting" stock price-charts - many or most? of which have recently doubled....
Wanna keep monitoring the broad market indices :
Determine from their performance the markets' tolerance for risk
If the broad markets remain Green-Lighted then the top 25 mj stocks should all continue to prosper !
I dunno ?
Got this market figured out....
Have been aware of the SPY's 280 level for quite some time
And now all it needs, is a trade deal.
Short version:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147058898
Slightly longer :
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147056699
Friday :
Rallied from there to finish up near the highs - See Red Dot below :
Y'know, learning how to spell the words "their" and "too" might add some weight to your comments.....
Just sayin'.
This might show how much the Algos are in control :
Just LOOK at that WTF (Head Clonk) Up-Spike !....Waren't she a beautiful thang ?.....So "controlled" !
Here's the weird up-spike which Canopy had (also at that time) :
T'was approximately at the same time that SPY logged ITS' weirdness :
So the Algos on Friday seemed to be going - right nuts !
The whole thing's a big WTF
.
This is what COULD give all stocks a great Boost !
And it's almost inevitable because it's what most people want.
Presidents, Central Banks, Goldmans, etc....
That, plus low interest rates create a Risk-On ! environment
So it wouldn't take much (just a Trade Deal being signed) and it's.....Halleleujah SPY !
Good Luck
One should round up CHARTS of all this companys' investments !.....
Because.....I wonder if they all look like this :
Canopys' entry into Australian mj ;
he-he
One of Canopys' (2 ?) retail partners in Canada :
Or now actually 3 if one includes Carte-Touche.....
Last time I looked at Sunniva they sucked (are another of Canopys' partners)
Closed yesterday around $4.00
An entirely predictable reaction to earnings :
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146863369
Earnings response : $50 dollars U.S.
Also indicated that its' response would meet Resistance and sell off from that point
Are there any other financial advisers who're capable of outlining things that succinctly (in real-time) ? . . . .
ha - I don't think so eh - but good luck in finding one
Hey !
How's Old Man Rivers doin' ? . . . .He reports in 3 days....The Markets' reaction'll appear on the 4th day
Canopys' performance will depend (hugely) on broad markets
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147056699
S&P 280 Level - US / China deal required
Participants are looking for a US China deal as a reason to Breakout the S&P's 280 !
This chart's from a week ago :
It's currently just "gaming" that (Oval Target) 280 Level . . . .
Mr. Market's gonna sit there and wait for a Trade deal . . . . .
It/He believes (and/or knows) that one WILL be provided.
That'll be the impetus (reason) for a BREAKOUT !
Next stop then, will be ?......Resistance !
Those harsh Arizona winters . . . .
Here, we also have a (real steep) 300 foot driveway and then another 300 foot hill up to the main road. Needless to say I do not park at home when weather like last week strikes.
But still wound up shoveling (and snow-blowing) our hill - My back is still sore (now a full one week later).....Actually only had about 9 inches total though - southern tip Vancouver Isl.
Next 3 days : Just looks a bit sideways until results seen
Perhaps sideways because it's also depending on this :
S&P chart from last Tuesday . . . . (4 trading days ago) :
Since then the Red Magnet's been lifting it closer and closer, up into The GreyTarget Oval Zone.
The Now What SPY 280 Grey Oval Zone (today) :
He-he-he - Only took 2 hrs to write - Time (4 me) to move on to the next big study
Hey - Beatin' the drums still here me bucko's ?......
Cuz today she's had - Quite the recovery !
Look at 'er !
Man.
Ain't she over-valued yet ?
Well, semms most don't even know it -
Or at least, seemingly don't know it, that -
These're exciting moments ! . . . .
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147044187
Perhaps further evidence of how important these moments are....
See where those (main) 2 lines intersect ? . . . .
Simply park a bid there.
But if it keeps falling thru them ? . . . . Get the he__ out real fast !
Also tho (on a considerably more positive side however), keep yer eyes out for an OVER $60 Dollar WEED Breakout !