MPX Bioceutical Corp (MPXEF)

[CornellEngineer]

Very interesting new 15-minute video here just posted a few days ago by the Midas Letter which I am appreciating more and more every day...

Charting Man Dan pretty much echoes what I have been posting on a few different stock boards for weeks now...I am increasingly bullish on the US-based MJ operators compared to the Canadian ones in the longer run. However, the overall tone and mood of the broader markets is a bit unsettling. I am fairly bearish on those (and have been for quite some time) and if the DJIA-S&P 500-NASDAQ markets should start tanking they would very likely drag the pot sector down with them in the short to intermediate time frames.

Nothing like trading stocks while stepping around in a potential minefield...as if buying and selling highly volatile and very risky marijuana stocks isn't already challenging enough!

Very brief mention by Dan about the pending MPX/iAnthus merger in the video but the primary theme is technical analysis in general and where we might be headed as a whole in the near future. It's a good thing for us marijuana investors/speculators to occasionally poke our heads above the buds and get a glimpse of the bigger picture.