Prudent investors who know the history of the stock market pay special attention to October. After all, on Oct. 19, 1987, Dow Jones Industrial Average DJIA, plunged 22.61%. In October 2008, the S&P 500 SPX lost nearly a fifth of its value. Historically, October tends to be more volatile than
Marijuana stocks have been on a rollercoaster ride in recent weeks, as new investors have entered the sector with thoughts of becoming instant millionaires. Some investors have the potential to make millions, but most will lose their shirt. The reason is that marijuana stocks are very volatile and often move
The 11 pointers I recently gave to investors to carefully make money in marijuana stocks have generated a lot of interest. To read about the 11 pointers, please see “How to potentially become a marijuana millionaire, albeit carefully.” In addition to the bigger cannabis stocks such as Canopy Growth CGC,
Tilray is the hottest marijuana company trading on the U.S. stock market. Its stock is undergoing a massive short squeeze, which can create big gains or losses, depending how a trader is positioned. Below, I will explain a short-squeeze strategy that I prefer. As a prerequisite to understanding the content
Marijuana may be the biggest opportunity for investors these days, as shares of companies in the cannabis industry keep rallying. With the prospects of further legalization and changing public perceptions about marijuana, some investors will likely end up making millions of dollars over the next few years, while others will
Technology stocks have been the generals of this U.S. bull market. But a dramatic change in money flows is beginning to happen in popular tech stocks. If this continues, the stock market will be at higher risk. Think of this as an early warning that all prudent investors should heed.
In the coming years, marijuana will create a lot of millionaires. One of them may be you. But only those who put in the effort, gain the required knowledge and exercise patience to invest correctly over a long period will succeed. Those tempted by get-rich-quick schemes will lose their hard-earned
For a long time Amazon has been a favorite of the momo (momentum) crowd in this momentum-driven stock market. Amazon AMZN had been consistently ranked No. 1 in money flows. Recently all the planets aligned for AMD AMD and AMD dethroned Amazon to become No. 1. The planetary alignment for AMD
Given the tremendous potential of the cannabis industry, it’s natural for investors to be attracted to marijuana stocks. Investors have stars in their eyes. My inbox is flooded with offers to make me a marijuana multimillionaire. Age-old “pump-and-dump” schemes are in full bloom in marijuana stocks. The headline of this
A key to success in investing is to think ahead. A big event coming up are the November midterm elections. Recent polls show that Democrats are resurgent. And the legal troubles of President Trump’s former lawyer, Michael Cohen, and former campaign Chairman Paul Manafort are going to give more ammunition