3 Cannabis Stocks Ready To Hit A New 52-Week High

Analysis originally distributed on Feburary 15, 2017 By: Michael Vodicka of Cannabis Stock Trades

I was a derivatives trader for a billion-dollar trading firm at the Chicago Board of Trade for three years in my late twenties.

It was a crazy job. My job was to make huge bets all day long in highly volatile markets.

The key to this position was the chart.

I would hunt for specific formations on the chart, looking for stocks, bonds, commodities, or currencies ready to breakout into a new high or breakdown into a new low.

Once I found the right setup I would slap on million-dollar trades looking to “scalp” the market for a quick profit.

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This is the insanity of short-term trading and why I am now an investment advisor. You have to be nuts to gamble like that all day. Investing is a thousand times easier than trading.

However, as an investment advisor and financial writer, my background in trading is a weapon.

It helps me see things in the market that a lot of other advisors and investors miss. Continue reading "3 Cannabis Stocks Ready To Hit A New 52-Week High"

North American Cannabis Stock Index Already Up 5% In 2017

Analysis originally distributed on February 8, 2017 By: Michael Vodicka of Cannabis Stock Trades

Cannabis stocks are off to a good start in 2017.

After gaining 4.2% in January, the MJIC North American Cannabis Stock Index is now up more than 5% on the year.

Although that’s a great return for any ‘normal’ stock index, it might not jump off the page after cannabis stocks delivered big returns in 2016.

However, looking below the surface, you’ll see plenty of cannabis stocks have been burning up the charts in 2017.

Canadian cannabis stocks have been leading the pack.

Canopy Growth Corp (TSX:WEED), Canada’s largest medical cannabis company, is up 25% in 2017.

That bullish movement has been driven by a steady stream of good news. Continue reading "North American Cannabis Stock Index Already Up 5% In 2017"

Analysts Predicting a 58% Gain for this Leading Cannabis Biotech

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

The cannabis industry is loaded with dozens of biotechs.

For example, if you take a look at the North American cannabis sector, you’ll see that the field is littered with biotechs such as Axim Biotechnologies (OTC:AXIM), Cara Therapeutics (Nasdaq:CARA) and Insys Therapeutics (Nasdaq:INSY).

These companies are aggressively searching for a cannabis-based medicine to treat some of the worst diseases plaguing humankind, including cancer, epilepsy, and HIV.

It’s obvious the cannabis industry sees a big opportunity in pharmaceuticals and is investing billions in research and development to cash in.

On the one hand, it’s great that investors have so many cannabis biotechs to choose from.

On the other, investing in biotech stocks is already one of the hardest sectors to pick winners and losers.

It’s even harder in the cannabis sector.

Some of these early cannabis biotechs will go on to make billions on blockbuster drugs and deliver market-crushing returns to shareholders.

Others will crumble and file for bankruptcy.

Today, I want to share my #1 cannabis biotech stock that I believe is ready to soar in 2017. Continue reading "Analysts Predicting a 58% Gain for this Leading Cannabis Biotech"

Marijuana Will Be Fast Tracked For 50-State Legalization In 2015

It's that time of the year again...

Game-Changing Stocks editor Andy Obermueller has just released his annual "shocking predictions report" for 2015.

If you aren't familiar with Andy or his shocking predictions report, then you're missing out on one of the most controversial (yet insightful) pieces of research that our company regularly publishes.

​As StreetAuthority's resident expert in what he calls "the next big thing," it's Andy's job to track down and find the market's hottest growth opportunities -- especially ones that aren't on most investors' radars yet.

We're talking about the kind of returns you've dreamed of since first learning of the stock market... Andy won't even consider making a recommendation unless it offers "10-bagger" (i.e. 4-digit gain) potential.

That's why once a year Andy publishes his shocking predictions list. This report gives him the chance to showcase some of his unorthodox -- yet most promising -- growth opportunities for the coming 12 months.

Over the years these predictions have proven convincingly accurate... Continue reading "Marijuana Will Be Fast Tracked For 50-State Legalization In 2015"

Article source: http://www.streetauthority.com/node/30473468