Cannabis Oils Leader Delivers 80% Revenue Growth

Analysis originally distributed on October 25, 2017 By: Michael Vodicka of Cannabis Stock Trades

Cannabis oils is one of the fastest growing sub-industries in the cannabis sector.

According to a recent Health Canada report, the cannabis oil sector grew more than 871% between April 2016 and March 2017.

The reason for that incredible growth is simple - health benefits. Vaping or placing a few drops of cannabis oil under the tongue doesn't irritate the lungs like smoking cannabis.

Looking forward, this is still the beginning of the trend. Oil should continue to capture market share from dried cannabis for many years.

This migration to oils is creating a great investment opportunity.

In Canada, only a small group of licensed producers have a second license to manufacture and sell oils.

That's why I'm excited to share an undercover Canadian cannabis company. Continue reading "Cannabis Oils Leader Delivers 80% Revenue Growth"

Weekly Futures Recap With Mike Seery

We've asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Crude Oil Futures

Crude oil futures in the December contract settled last Friday in New York at 51.84 a barrel while currently trading at 52.52 up to around $0.70 for the trading week continuing its slow, methodical bullish trend. However, the true breakout to the upside stands at 53.11 which could happen in today's trade despite the fact that the U.S. dollar continues its bullish momentum hitting another three month high in today's trade. The main reason that crude oil continues to move higher is that strong demand continues to prop up prices as heating oil and unleaded gasoline are hitting contract highs once again and if you've noticed at the retail gas stations prices are relatively high. I think these trends will continue throughout 2017 as the U.S. economy is very strong coupled with very low unemployment. Crude oil is trading above its 20 and 100-day moving average and the trend is clearly to the upside and I'm recommending a bullish position if prices breakout above 53.11 while then placing the stop loss under the two week low standing at 50.87 risking around $2.20 or $1,100 per mini contract plus slippage & commission. Tthe chart structure is solid due to very low volatility.
TREND: HIGHER
CHART STRUCTURE: SOLID

Continue reading "Weekly Futures Recap With Mike Seery"

Weekly Futures Recap With Mike Seery

We've asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Gold Futures

Gold futures in the December contract settled last Friday in New York at 1,275 an ounce while currently trading at 1,304 up nearly $30 for the trading week bottoming out last Friday around 1,262. I'm currently not involved in this market or any of the precious metals as gold and silver have remained extremely choppy in recent months. Gold prices are now near a three week high as the U.S. dollar has now hit a three week low and that has helped push prices up this week, and they are now trading above their 20 and 100-day moving average as the trend is higher. However, in my opinion, avoid this market as the trend is truly mixed. The stock market has hit another all-time high in today's trade as money has been coming out of gold & into the equity market over the last several weeks as I remain very bullish stocks. I think gold will remain choppy for the rest of 2017 unless some development happens with North Korea as that could reemerge at any moment. I still think that situation is not going away and I do think the downside in gold is limited. However, I will wait for better chart structure & a better risk/reward scenario before getting involved.
TREND: MIXED
CHART STRUCTURE: POOR

Continue reading "Weekly Futures Recap With Mike Seery"

100% Revenue Growth for 11 Consecutive Quarters

Analysis originally distributed on October 4, 2017 By: Michael Vodicka of Cannabis Stock Trades

Growing revenue by more than 100% for 11 consecutive quarters is no small accomplishment.

A statistic like that immediately tells me two things about a company.

Number one, it is operating in a high-growth industry.

Number two, it is doing a great job of capturing that growth.

These are the reasons I'm excited about the little-known cannabis stock I am going to share today.

This early industry leader just reported its 11th consecutive quarter of at least 100% revenue growth.

That's a pretty ridiculous streak - I haven't seen anything like it even in the high-growth cannabis industry.

That's why shares are up 104% in 2017 and ready for more.

Let's take a closer look. Continue reading "100% Revenue Growth for 11 Consecutive Quarters"

Weekly Futures Recap With Mike Seery

We've asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Gold Futures

Gold futures in the December contract settled last Friday in New York at 1,275 an ounce while currently trading at 1,264 down about $11 for the trading week after reacting negatively to a higher U.S. dollar hit a six week high putting pressure on silver and gold prices here in the short term. The United States lost 33,000 jobs in September due to the hurricane situation down south, but that is having minimal impact to support gold as the short-term trend is to the downside. If you take a look at the 10-year note which is now yielding 2.45% as yields continue to climb which is a negative towards precious metals prices plus tensions with North Korea have subsided over the last several weeks as money flows are coming out of gold and into the stock market once again which hit all-time highs this week. I'm advising clients to avoid the precious metals as they remain choppy with poor chart structure. Gold prices have now dropped about $100 from the September 8th high around 1,362 as this market has been incredibly choppy in 2017 as we are headed towards major support at the 1,250 level as lower prices look to be ahead in my opinion.
TREND: LOWER
CHART STRUCTURE: POOR

Continue reading "Weekly Futures Recap With Mike Seery"