Cannabis stocks continued their trend of having a quiet day for Fridays. We have become accustomed to this.
Tag Archives: FITX
Cannabis stocks were mostly quiet today. Volume is becoming quite challenging as recent actions by the U.S. Treasury Department may take a big bite out of OTC PINK companies.
U.S. markets seem like they are on “tip toe” mode into year end. U.S. equities have had a great year, in general, so there is little incentive to take too much risk with two trading days left.
There is an old saying on Wall Street, “Don’t fight the tape.” This basically means, do not bet against the trend. Right now, this market is moving up and to the right.