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Cabot Marijuana Investor 619
June 27, 2019
The latest issue of Cabot Marijuana Investor is now available, with my current advice on the fourteen stocks in the portfolio.
The cannabis sector is currently in a correction, with both marijuana and CBD stocks trending lower, giving up some of their early-year gains—and perhaps building a bottom here.
In fact some of the biggest stocks, those supported best by institutional investors, are already looking stronger, though it will take time to know if they are in real uptrends. In the meantime, I continue to build cash, which will come in handy when it’s time to buy again.
Last week we sold a portion of three stocks and this week we’re selling portions of two more, raising the portfolio’s cash level to about 33%.
July 18, 2019
The broad market is in fine shape, with most major indexes at or near their highs and all Cabot’s market-timing indicators bullish. View Update Archive