NYUGrad was nice enough to send me a thank-you email for my CRON chart. Since I’m kind of infamous as an unabashed reefer cat, I thought I’d share a quartet of pot stocks with bullish patterns:

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NYUGrad was nice enough to send me a thank-you email for my CRON chart. Since I’m kind of infamous as an unabashed reefer cat, I thought I’d share a quartet of pot stocks with bullish patterns:

Let’s set aside garbage, dying businesses like GameStop and AMC and look at five stocks that look to have superb long-term prospects:

All weekend long was the chatter about how this would be THE MOST ANTICIPATED OPENING OF ALL TIME, and how the reddit “revolution” had changed everything forever. Errr, listen, folks, I suspect in about three weeks hardly anyone will be talking about this revolution anymore. The WHOOSH sound you are hearing is the options premium rushing out of GME calls and puts, and you can expect to hear that sound all week long. All this talk about GME going to $1,000 is hysterically stupid.
Still, I’m kinda pissed off that the plunge lower on Sunday was, surprise, surprise, utterly underline. The Russell is representative of this:

I’ve said it before, and I’ll say it again: crypto is the last great bastion of pure technical analysis. It’s an actual market. Powell isn’t going to print new Bitcoins. Yellen isn’t going to discuss policy toward Litecoin. It’s a real market, subject to classical charting.
Witness, for instance, one of the few cryptos I’ve been featuring in my watch list, which is moving up hundreds of percent from its base: DogeCoin.

Meme via the Portfolio Armor art department.