What’s the play now that cannabis stocks have sold off?

July 23, 2019

Sean Brodrick, Editor over at Weiss Ratings joins me to address the pullback in cannabis stocks over the past couple months. While CBD has come under attack from the FDA recently there are still many drivers to the sector, however it is hard to tell when they will perk up. Sean shares what he looks for in the stocks he is still holding and the ones he is watching during this pullback.

Click here to visit the Weiss website and learn more about Sean’s newsletters.

    Jul 23, 2019 23:58 PM

    Sad…….but True……
    So over the last 10 and a half years, we have added just under 11.4 trillion dollars to our mountain of debt. And when you break that down, that means that our politicians have been stealing more than 100 million dollars every single hour of every single day from future generations of Americans during the Trump/Obama era.

    Jul 23, 2019 23:59 PM

    Yep………Stealing……….$100 MILLION EVERY DAY

    Jul 23, 2019 23:01 PM

    You have to be smoking some wacky weed……to believe the numbers…..EVERYONE IS BROKE…
    Sadly, it isn’t just the U.S. that is drowning in debt. According to the latest numbers, the total amount of debt in the world has hit a grand total of 246 trillion dollars…

    According to the latest IIF Global Debt Monitor released today, debt around the globe hit $246 trillion in Q1 2019, rising by $3 trillion in the quarter, and outpacing the rate of growth of the global economy as total debt/GDP rose to 320%

    Jul 23, 2019 23:13 PM

    NVICTUS MD STRATEGIES CORP IVITF I bought this dog a while back and it does nothing but go down. Any chance this comes back in my life time (I’m pretty old).

    Jul 23, 2019 23:24 PM

    Off Topic:

    Justice Department Opens Sweeping Antitrust Review Of Major Technology Companies
    Associated Press – 19 minutes ago
    WASHINGTON (AP) — Justice Department opens sweeping antitrust review of major technology companies.

    Facebook, Google split-up?

    Jul 23, 2019 23:43 PM

    A former Michael Flynn business associate charged with illegally lobbying in the U.S. for the Turkish government, Bijan Kian, found guilty.

    Jul 23, 2019 23:52 PM

    Boris to make statement tomorrow, when he becomes Prime Minister.
    France, Italy, the Netherlands and Denmark support a European-led naval mission to ensure safe shipping through the Strait of Hormuz, three senior EU diplomats said on Tuesday, after Britain proposed the idea following Iran’s seizure of a British-flagged oil tanker.

      Jul 23, 2019 23:37 PM

      On the global firepower website, UK and Greece have 13 frigates each, Italy 12, France 11, Germany 10, Denmark 6 and the Netherlands 2… So if it’s going to happen it’ll be UK and France as usual. Germany never really likes to use it’s armed forces, Italy and Greece probably a bit tied up in the Med. Denmark and the Netherlands maybe but like Germany they never seem to like getting involved.

        Jul 23, 2019 23:53 PM

        The very first tanker that was delayed for a few hours was Dutch, so they do want to be involved.

          Jul 23, 2019 23:55 PM

          The UK does not have the firepower they had during the Falklands, though.
          (And all the V bombers are retired)

        Jul 23, 2019 23:59 PM

        Is this a 1979 replay with IRAN……..
        Get some hostages….Cause some oil shortage and Raise the OIL PRICE….woo woo war…

          Jul 23, 2019 23:00 PM

          Of course the oil price increase will be from Royal Dutch Shell…..?

          Jul 23, 2019 23:13 PM

          Jimmy Carter not in charge any more.

            Jul 23, 2019 23:18 PM

            Does not make any difference……….demo or repub…

            Jul 23, 2019 23:20 PM

            I said years ago…….it is always about oil…..income for the cabal…everything is a game.

    Jul 23, 2019 23:42 PM

    Drug comany extortion…

    Watchdog: Insurance Groups Buy Drug “Middle Men”; Transparency Calls Grow–insurance-groups-buy-drug–middle-men—transparency-calls-grow

    Jul 23, 2019 23:10 PM

    Is the socialist media repeatedly gaslighting consevative capitalists?

    Jul 23, 2019 23:56 PM
    Jul 23, 2019 23:02 PM

    (AEC) (ANLDF) Anfield Energy – Deep dive into this Acquisitive Uranium Explorer’s strategy

    Matthew Gordon – Ptolemy Capital – July 22, 2019

    “How do junior Uranium explorers survive in this environment and what do the spend their money on? Anfield Energy believes it is near production than any of the currently non-producing uranium companies so ready to take advantage when the market turns. The majority of its Uranium assets are in the USA. Both ISR and conventional hard rock Uranium assets. Initial focus is on Wyoming ISR asset. The nearest term asset which is the Charlie asset. Long term focus in Utah and Colorado and conventional Uranium assets.”

    Jul 24, 2019 24:50 AM
      Jul 24, 2019 24:23 AM

      Peter ⚒ Spina @goldseek

      “Get ready to hear about the “golden cross” in Silver over the coming days.”

      “It is a good signal showing momentum in accelerating upswing:”

        Jul 24, 2019 24:45 AM

        Pick and shovel…….gold still the favorite….. 🙂
        Just joking …silver will shine no doubt about it….jmo

          Jul 24, 2019 24:56 AM

          I like em’ both, but Silver has more gaining to do on Gold.

            Jul 24, 2019 24:11 AM

            Silver is up to $16.59 in pre market trading…. looking good.

            Jul 24, 2019 24:31 AM

            Yes,….Silver is looking good…..finally…..

      Jul 24, 2019 24:43 AM

      Be aware of a lot of hot air……… 🙂

        Jul 24, 2019 24:54 AM

        I consider most editorials hot air, but still read them over to consider a particular pundits perspectives. Peter is correct in this cast that on the chart the 50 day MA is about to do a “golden cross” up through the 200 day MA. This is significant in that it means the short-term trend of 50days has been more bullish than the longer duration 200 days, and some technicians will key off that data. It’s at least a positive that Silver is playing catch up.

          Jul 24, 2019 24:55 AM

          cast = case (fill up a case with some Silver)

        Jul 24, 2019 24:10 AM

        Hot air …….was referring to the HOT AIR BALLOON in cfs post…. 🙂

          Jul 24, 2019 24:57 PM

          Oh. Well then…. looking forward to the metals sailing away into the great unknown….

    Jul 24, 2019 24:47 AM

    Mueller mania day…… lol
    Barr……has him contained….

    Jul 24, 2019 24:50 AM
    Jul 24, 2019 24:08 AM

    IPT’s 52 week high yesterday happened perfectly at fork resistance…