Cannabis stocks were mixed again today. Some solid names hovering around lower levels, which again is frustrating and likely the effect of low volumes.
Tag Archives: Pink Sheets
Most quarterly updates have been released for cannabis stocks, outside of companies posting annual filings and delayed PINKs.
Cannabis stocks were mixed today as we end the hump day of the week. Volumes continue to be lackluster and overall press has died down on the back of ArcView’s first conference of 2015.
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.
Stocks take a tail licking globally, as many indices posted declines of more than 1%. Energy weakness has been a key reason for several weeks now.
Equities were generally quite tame today as we finished the day pretty much where it began. It wouldn’t be surprising to see the markets digest some of the recent snapback, especially without some positive catalysts.
What’s up Wednesday? Not the S&P 500, which ended its recent four day winning streak with a decline of 0.74% to 1927. Small and micro caps declined in sympathy of the overall market weakness.
Today we bounced, finally! Stocks surged higher right from the open lead by large capitalization stocks. The S&P 500 closed the day higher by 1.3% to 1887 though ended the week lower.