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39 COMMENTS

  1. Your comments about "buy and hold" no longer being a good strategy does not hold true for the general stock market. It's only a poor strategy in hype driven, bubble euphoria sectors like MJ and crypto. Outside of these extremely volatile sectors (where fundamentals matter little) "buy and hold" still provides decent, low maintenance return on investments. One of the biggest reasons these hype driven sectors aren't good for "buy and hold" strategy is because there's very little institutional longs. Stock price gets blown around in a furious storm of emotional retail investors and day traders all watching every tick and buying and selling every few minutes. I know day traders are still active outside of these hype driven sectors but there's less volatility because relatively speaking there are less day traders and more institutional investing, where fundamentals matter more and emotions are better controlled (granted emotions still play a role in every stock in the stock market).

  2. Dan, I have to thank you for the wisdom you share in every video. You've taught me so much through your videos in the past year. I started trading 11 months ago with some bitter and sweet moments along the way… I still remember last winter when you said new traders are in for a rude awakening when the S&P begins to consolidate, and the sectors euphoric cycle comes to an end. Boy were you right, and lets just say I learned my lesson pretty quickly… Nevertheless, here we are almost a year later. I am much smarter this time around, and happy to be patiently sitting all cash for once the cycle shifts again. It's only a matter of time. Cheers, and keep doing what you're doing.

  3. in meetings all day talking about the MJ environment…. plotting our course of action… get home to check the chart guys and here we are…. the little guys are thinking they survived the big pot squeeze attempts this past year… the question is, can big mj afford to lose money all next year too

  4. Honestly Dan, I've been following you for well over a year now, tuning in daily for your chart analysis, but this whole be a good sport to the shorts, shake their hand and congratulate them is complete garbage. I actually had to turn you off mid stream. A lot of hard work, and investment by people who have a lot of faith in this industry in Canada is on the line right now. Do you honestly think it's right to tip your hat to people who would bet on the industry's demise? I actually toned down my comments for you, but have to say I'm disappointed in you today Dan.

  5. Dan, will CGC recover to their highs in your opinion? Especially with 2.0 in the near future… I know it sounds impossible (or that’s how I feel) but when would you think this may go back to this level…1,3,5 years? Any positive comment will help my very sad state of mind. Love your videos…

  6. Honestly it makes a lot of sense. 1st outdoor growing season just concluded and the bulk of the people that I know that smoke habitually (and even some that are only recreational users) grew their own plants. Couple that with the black market still thriving at reduced prices to the legal players (plus the crowding) and there's major disappointment. The valuations were so lofty that earnings really had to be stellar to match expectations. Doesn't help that Ontario completely botched the legalization rollout as well. Truly a bloodbath sector, glad to have cashed out long ago. Still looking to re-enter eventually but not with the way things currently look.

  7. I'm not a trader, but an investor in the MJ sector as I believe in the efficacy of medical cannabis over other medications pharmaceutical industry has come up with for so many conditions many people struggle with. Today's analysis is VERY helpful. Thank you! Can you please show us some examples of 'the weekly trend change' and 'getting over the weekly exponential resistance'?

  8. Great analysis Dan. It would be fair to speculate the US mso s would be good merger targets for some of the big Canadian names. Cgc and Cron cant rely on The Canadian market alone. Wouldn't you agree Dan.?

  9. One of the best comprehensive and most informative analysis I have ever seen!! THANK you Dan for sharing your knowledge with us the way you do. Now its getting crunch time and your expert analysis is truly appreciated, as always. Got out alive today on tvix {small gain} focused on acb and cgc a few times then set super low orders I thought in ACB would not get filled today they were so low.. But judging by after hours I would have been 5 pennies away from a fill. A little more thought into the plays will be in order at this juncture.The Bulls need to but some bears on the injury list in a big way to ever have a chance of breaking the line there so strong. Stacked team!! But ill be we have them more worried at these levels now.

  10. Believe me when i say the canadian cannabis stocks are a plague, dont touch em till things change. Nobody buys their overpriced garbage from LP shops , so their profits are going to be shit. This is because the industry got taken over by the government and big corp. There are 0 reports of profits. and they're not going to be coming. they radiate the weed, they use toxic pesticides and there have been plenty of recalls due to their incompetence, so The entire market went back underground and so have the customers. and the initial gains were hopium.

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