This Marijuana Giant Could Be the Best Bargain in the Industry

Marijuana is facing the possible end of prohibition and investors need to consider the possibilities associated with that. Under prohibition, marijuana became a multi-billion dollar industry. Its products were differentiated by quality but for the most part maintained the same form. Legalization opens up research and development opportunities. Already, marijuana is available in a variety of forms including edibles, oils and different strains targeting different ailments under medical usage. While small companies are exciting to invest in, large companies could be the key to the introduction of new products since the large companies have the capital to invest in development and distribution ...
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The One Surefire Pattern for Massive Declines

Tech stocks in 2000. Gold in 2011. Cryptocurrencies in 2017. Pot stocks in 2018. They all followed the same pattern. They had massive gains. They started from small rises, but over time, they started to rise at a faster and faster rate. Speculation and greed took over. Any attempt to curb prices on the way up were swamped with buy orders instead. Along the way, a parabolic chart pattern started to unfold. That’s a tough pattern to trade—once every investor who wants in has gotten in, early investors reap large rewards. Once sellers start to outweigh buyers, the prices deflate nearly as quickly ...
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This Could Be the Best of the FAANGs

Apple has been in the headlines lately, but close readers of the news may have noticed Netflix (Nasdaq: NFLX) is also capturing attention. One reason is related to the important question of censorship by tech companies. The Associated Press noted, “Netflix faced criticism…from human rights groups for pulling an episode in Saudi Arabia of comedian Hasan Minhaj’s “Patriot Act” series that criticized the kingdom’s powerful crown prince. The American comedian used his second episode, released Oct. 28, to criticize Crown Prince Mohammed bin Salman over the killing of writer Jamal Khashoggi and the Saudi-led coalition at war in Yemen. Human rights group ...
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Catch These Patterns for the Best Day Trading Profits

Most chart patterns can appear over any timeframe. But a number of unusual-looking patterns often take place over a shorter period of time, such as a day or an hour, or even less. These patterns may not look like anything at first, compared to typical continuation or reversal patterns, but they can lead to powerful returns in a very short amount of time as they unfold. From the oft-occurring ABCD trade to the cup-and-handle to flag patterns, these trades are perfect for jumping in and out of stocks and foreign currencies in the span of a few hours. These patterns show what traders ...
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Apple’s Chart Flashes Important Signals for 2019

Apple (Nasdaq: AAPL) ended the year in an interesting position. Its stock was in a down trend. This reverses a long standing up trend in the stock. Recent lows, marked with a horizontal blue line in the chart, should offer support. But a break below that level could lead to a sharp sell off since that is an important and obvious technical support level on the chart. A break of that line could push the stock towards $100 a share, a price level that sounds impossible but could be within the realm of possibility in a bear market. Analysts expect the company to report ...
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Are Your Charts Hiding Profits From You?

Charts can provide plenty of profitable trading patterns time and again. But they can also be deceiving. That’s because most charts don’t share key data. It can tell you a price point on a given day—which is handy. But there’s more to a price chart than price. For instance, if a stock keeps moving higher day after day, it may look like a good trade. But if it’s bouncing around during trading hours and only barely heading higher, it may not look like the slam dunk that it could be. To find these extreme intra-day moves, and to get an idea of where the ...
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This Crash Alert Indicator Warns of More Downside in Stocks

Many analysts have indicators that warn of a bear market. But many of these indicators don’t work as well as expected. The biggest problem with a bear market indicator is the potential for false signals. That’s honestly a problem with many of the widely followed tools. Even the yield curve, one of the best predictors of a recession and a potential bear market is prone to this problem. Economists often joke that the yield curve has predicted twelve of the last six recessions. Even when the yield curve is right, the problem is that there is too much lead time. And, that ...
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Recognize When to Expect a Flat Trade

Most folks just think of investments as things that go up or down (and even then hopefully just up). But the fact of the matter is, any asset can have a long period of time where it trades in a sideways range, bouncing between a high and low. Recognizing these ranges from a chart pattern is a good way to find short-term trades. It may not be the big grand slam of catching a major move up or down, but it can give you consistent profits time and again. These types of patterns occur in the markets all the time. They’re known as ...
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