Blog
Good morning The caution flag has been out for the Alpha Wolf members for weeks and it does not look as though that is likely to change soon. Even though earnings were strong from several companies this week. Equities continue to struggle and the bearish sentiment seems to be ...
Read MoreGood morning China low float material names took off yesterday on the heels of a stock that tends to be a typical pop and flopper, YECO which had an amazing run yesterday trapping shorts and it could continue today. Spec money rotated out of the cannabis space and into low float China garbage. It is difficult to play in these types of plays when they are just straight up. These will end badly but no one knows...
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Good morning It is starting to look like the retail sales event in Canada is a sell the news event for the cannabis space. The pullback started yesterday and looks to continue in premarket. We could see come rotation out of the sector as people put money to work in some of the beaten down sectors as earnings ,,,
Read MoreGood morning The cannabis space was the clear winner yesterday and it looks like it could continue today as we head into the official start of recreational sales in Canada tomorrow. Netfilx earnings after the close could put the spotlight on tech while financial and investment banks continue..
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Happy Sunday It was a brutal week for the bulls and equities as the markets experienced some intense volatility and fear took over. We managed to close the week with an up day on Friday as things snapped back from some extremely oversold conditions but the question is whether....
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