Category: General

Cannabis Industry Bats 88% As 8 Out Of 9 States Vote Yes

Posted on by The INO.com Team

Analysis originally distributed on November 10, 2016 By: Michael Vodicka of Cannabis Stock Trades

The results are in. November 8, 2016 will go down in history as a great day for the legal cannabis industry and the world.

Nine U.S. states had medical and recreational marijuana programs on the ballot. From those nine states, eight have voted yes.

On the recreational side, four out of five states have approved new initiatives.

  • California: passed
  • Massachusetts: passed
  • Nevada: passed
  • Maine: passed
  • Arizona: failed

As you can see this list includes California, the world’s largest marijuana market.

On the medical side, all four states voted yes.

  • Florida: passed
  • Arkansas: passed
  • Nevada: passed
  • North Dakota: passed
  • Montana: passed

Florida looked like a huge baller this election cycle.

Not only did it virtually decide the presidential election as a key swing state, it also decided to throw another log on the fire and legalized medical marijuana for good measure.

These results mark a watershed moment for the legal cannabis industry. I expect these additional legalizations to serve as a huge catalyst for the industry.

On January 1, 2017, 29 states, more than half the country, will have medical and recreational programs in place.

That will create new jobs, increase tax revenue and decrease crime.

I also expect it to be a powerful catalyst for marijuana stocks. Continue reading "Cannabis Industry Bats 88% As 8 Out Of 9 States Vote Yes" →

Weekly Futures Recap With Mike Seery

Posted on by The INO.com Team

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 finished sharply lower for the 3rd consecutive trading session after actually hitting a high of 1,338 in Tuesday's trade as panic filled the air due to the Trump presidency only to sell off sharply now trading at 1,222 an ounce. The stock market hit another all-time high once again this week. Gold prices are currently at a 5-month low and I've been sitting on the sidelines in this market as gold has been remarkably choppy over the last 6 months. I'm currently recommending a bullish position in silver. However, stock prices look very cheap especially with the new administration lifting regulations and fixing the tax code coupled with the fact that Obama care is finally going to be relinquished. That is very bullish for stock prices, so investors are liquidating gold at the current time. Gold prices look very weak in my opinion as silver and copper are two totally different commodities that have actual industrial use and could go higher. Continue reading "Weekly Futures Recap With Mike Seery" →

The North American Marijuana Stock Index Is Up More Than 130% In The Last Six Weeks

Posted on by The INO.com Team

Analysis originally distributed on November 1, 2016 By: Michael Vodicka of Cannabis Stock Trades

Cannabis stocks are red hot.

The MJIC North American Marijuana Stock Index is up more than 130% in the last six weeks. Take a look below.

Chart of The MJIC North American Marijuana Stock Index

In the meantime, the S&P 500 is up 5% on the year.

I’m not trying to dis the S&P 500. These are the best companies in the world and that’s actually a respectable performance.

But for investors looking for growth, the question has been answered. Yes. Cannabis stocks are the place to be in 2016. Continue reading "The North American Marijuana Stock Index Is Up More Than 130% In The Last Six Weeks" →

How To Profit From Natural Gas's Monster Uptrend

Posted on by The INO.com Team

By: David Goodboy of StreetAuthority.com

I love finding stealth rallies in the financial markets. These under-the-radar moves higher are ignored by the financial media and therefore by most investors.

Stealth rallies occur for any number of reasons. Primarily, these types of upward moves happen in commodities or stocks that have been beaten down for so long that the public simply loses interest in them.

A stealth rally starts by attracting the attention of only the most die-hard followers. These early investors quietly pocket huge gains while the rest of the investment community is chasing the latest hot stocks or futures.

Right now, a stealth rally is taking place in a commodity that has not been in the headlines for a while. Once a darling of the financial media, this commodity has been beaten down so severely it is rarely mentioned in the daily financial press. After being hailed as the savior of the United States' energy future, this commodity quickly became over-produced. It may have succeeded in revitalizing U.S. energy, but its price continued to plunge lower as the years passed.

In case you haven't guessed it, I am referencing natural gas. The widespread use of fracking created an oversupply of the commodity, resulting in a price plunge.

Recently, however, things have changed. Natural gas is in the middle of a monster upward rally and it's not too late to jump on board.

Allow me to explain. Continue reading "How To Profit From Natural Gas's Monster Uptrend" →

3 Little-Known Cannabis Stocks Beating the S&P 500 by at Least 1,000% in 2016

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We could not be more excited to share this post from Micheal Vodicka of Cannabis Stock Trades!

Cannabis Stock Trades is an exciting new site that will help traders profit from the explosive legal cannabis industry. Cannabis Stock Trades is powered by INO.com.

The U.S. economy is in a funk.

Second-quarter gross domestic product (GDP), the broadest indicator of economic strength, clocked in at just 1.1%, well below expectations of 2.4%.

In economics, 1.1% GDP growth is the equivalent of “holding your nose just above water.”

In the meantime, the S&P 500 is mired in a nasty earnings recession. Earnings have now declined for the last five quarters. The last time that happened was in 2009 during the financial crisis.

The weak economy has created a dilemma. Investors are desperately searching for growth.

I've got the solution. Continue reading "3 Little-Known Cannabis Stocks Beating the S&P 500 by at Least 1,000% in 2016" →