The Priceline of Cannabis up 213% in 2017 - More to Come?

Analysis originally distributed on September 27, 2017 By: Michael Vodicka of Cannabis Stock Trades

The Priceline Group Inc. (NASDAQ:PCLN) has been one of the best performing stocks in the S&P 500 for the last ten years.

Priceline's gain of 1,970% destroyed the S&P 500's 64% return in the same period. Take a look below.

Priceline

Investing $1,000 ten years ago would be worth $19,700 today.

Investing $10,000 ten years ago would be worth $197,000.

The reason for Priceline's success is simple. It uses technology to help consumers find great deals.

Today - I see this same cycle repeating itself in the cannabis sector. Continue reading "The Priceline of Cannabis up 213% in 2017 - More to Come?"

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 at 1,297 an ounce while currently trading at 1,286 down a little over $10 for the trading week. The sell-off is due to several factors including the 10-year notes now yielding 2.30% which is a fundamental bearish indicator towards the precious metals coupled with the fact that the U.S. dollar has now hit a 5-week high putting pressure on the precious metals here in the short term. Gold prices are trading under their 20-day moving average and right at their 100-day testing major support around the 1,275 level. I am currently not involved in any of the precious metals as this market remains in a seesaw pattern. Gold prices had rallied earlier this month due to major tensions between North Korea and the United States, and I don't think that situation is going away anytime soon, but things have settled down, and that is why are also seeing a selloff in the bond market. The flight to quality has come to an end at least here in short-term so look at other markets that are beginning to trend with a better risk/reward scenario at the present time.
TREND: CHOPPY - LOWER
CHART STRUCTURE: POOR

Continue reading "Weekly Futures Recap With Mike Seery"

3 Cannabis Stocks Profiting from Germany's New Medical Program

Analysis originally distributed on September 20, 2017 By: Michael Vodicka of Cannabis Stock Trades

Germany is quickly beginning to look like the next mega market for medical and eventually recreational cannabis. This is creating another big opportunity for savvy investors who are following the story and staying ahead of the curve.

Today, I am going to show you how you can profit.

But first - a little background.

Germany is the beating heart of Europe.

It is the largest country in the European Union with a population of 81 million.

It also has the largest economy in the European Union by a long shot. Its gross domestic product clocked in at $3.5 billion in 2016. Its per capita GDP of $42,000 makes it one of the wealthiest countries in Europe.

Companies that can gain access to the German consumer market have an opportunity to access tens of millions of wealthy consumers.

This is particularly true in Germany's young medical cannabis market. Continue reading "3 Cannabis Stocks Profiting from Germany's New Medical Program"

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 20 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 November contract settled last Friday in New York at 50.44 a barrel while currently trading at 50.50 primarily unchanged for the trading week which is a rare occurrence as this is a very volatile commodity. I will be recommending a bullish position if prices close above 50.88 while then placing the stop loss under the 10-day low standing at 48.28 risking around $1,300 per mini contract plus slippage and commission. Oil prices are right at a 15-week high trading above their 20 and 100-day moving average telling you that the short-term trend is higher with heating oil hitting another contract high in today's trade while unleaded gasoline continues to remain firm. I am bullish the entire sector across the board. The chart structure in crude oil is excellent due to low volatility, and we could be involved in a bullish position at Friday's close so keep a close eye on this market as I think the commodities, in general, are moving higher as the bearish trends have finally come to an end in my opinion.
TREND: HIGHER
CHART STRUCTURE: EXCELLENT

Continue reading "Weekly Futures Recap With Mike Seery"

Hemp For Pets Company Up 122% In 2017

Analysis originally distributed on September 14, 2017 By: Michael Vodicka of Cannabis Stock Trades

Pets are big business in the US and around across the globe.

In 2016 U.S. consumers spent over $67 billion on pet-related products, up 11% from the year before.

While food accounts for the highest percent of spending, pet medications were close behind at $8 billion. Spending on pet medications is expected to grow another 10% in 2017 to $9 billion.

These huge sales numbers have gotten the attention of the cannabis industry. Capturing even a small percent of the pet medication market could mean hundreds of millions in profit.

That's why I am excited to share an early industry leader that most investors have never heard of.

- Sales are up more than 1,000% in the last 12 months.
- Shares have risen 122% since January.

With the cannabis for pets industry still in its early stages - I see plenty of room for growth for this undercover cannabis company. True Leaf Medicine International Ltd. (TRLFF) is a Canadian cannabis company founded in 2013 and headquartered in British Columbia.

Trueleaf

Shares are listed on the Canadian Securities Exchange under the ticker symbol MJ. I see average daily trading volume around 100,000 shares here, so this stock has plenty of liquidity for most investors. Continue reading "Hemp For Pets Company Up 122% In 2017"