Uncharted Territory—But We Have A Compass
As of Monday, we’d experienced the market’s quickest 30% drop ever. Just 22 days from top to bottom.
Yesterday, the Dow had its best up day in 87 years—up 11%!
And tomorrow?
Well, as the headline says, we’re in uncharted territory. one...
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This list of the best investment sites to research stocks aims to help individual investors navigate the sea of stock-related information on the web.
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Where’s The Bottom?
I’ve been through a lot of nasty markets in the 34 years I’ve spent at Cabot—some of them infamous, like 1987 and 2000 and 2008, and some of them less so, like 1990 and 1997 and 2002—and while I can’t say found...
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Coronavirus Takes Center Stage—and Marijuana Stocks Don’t Care!
I’m in no way a medical professional, so I have nothing useful to say about coronavirus that you haven’t heard elsewhere. But I do have a few thoughts on how the market has reacted to this than...
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Ready For The Big Rebound
The end of the year always brings opportunities for investors who want to speculate on which stocks will rebound best, and this year, there’s no question that cannabis stocks, which are down 46% since the start of the year, near...
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The Smart Money is Moving In
It’s common knowledge among experienced investors that the price of a company’s stock, at any one time, is imperfectly related to the company’s actual value.
Other factors that affect the price include estimates of the company’s future revenues, earnings profit...
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Be Not Afraid
One year ago, soon after marijuana sales became legal in Canada, investors were throwing money at the sector, anxious to get a piece of the action. Today, the opposite is true—getting money for a cannabis business takes real work!
That was my takeaway...
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Lots of Crosscurrents!
The good news is that yesterday the U.S. House of Representatives voted in favor of the SAFE Banking Act (the acronym stands for "Secure and Fair Enforcement"), which would shield banks and other financial institutions from being held liable for serving businesses...
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Buying Opportunity
It’s been rather frustrating to see cannabis stocks falling day after day, week after week, while the companies’ quarterly reports (with the exception of Canopy Growth) continue to reveal that business is booming. But that’s how the market works.
First, cannabis stocks attracted slew...
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Bad News Bears
The stock market in general is quite healthy, with the major indexes at or near their highs, and all Cabot’s market timing indicators positive.
But the cannabis sector is still weak.
Part of this weakness stems from the fact that cannabis was the sector...
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Cooling Off
They say a picture is worth a thousand words. This picture of the Marijuana Index tells a story that be summed up in fourteen.
From January through March, marijuana stocks were hot.
Since then, they’ve been cooling off.
The reasons for the strength were From...
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Cannabis News
Fundamentally, the fastest-growing industry in America continues its rapid evolution. Some analysts now estimate that marijuana will be an $80 billion business in few years, while CBD sales will hit $16 billion by 2025.
It’s hard to know. But one big step comes tomorrow the...
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Analyzing Stocks
I didn’t go to business school; I was an English major. But the values learned in our household were firmly grounded in free market capitalism and investing. Sunday mornings, after going to church, we would stop at the local newsstand to buy and...
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CBD Stocks Soar
I take a dose of CBD twice a day. I think it works. I sleep better and have less discomfort in my finger joints—early signs of arthritis. But I’m not sure that it’s working, because there have been no major medical on...
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The top three sectors for this ETF are: Financial Services (18% of assets); Technology (13.06%); and Healthcare (12.60%). The fund has a current dividend yield of 2.08%, paid quarterly.
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Strength and Rotation
Sometimes investing is easy; sometimes it’s difficult. 2019 has been a piece of cake, so far, especially for investors in marijuana stocks.
While the S&P 500 is up 11.1%, year-to-date, the Marijuana Index is up 40.0%, and our own Marijuana Portfolio is 44.4%....
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A Great Start to 2019
The marijuana industry is booming, at least when measured by revenues. Of the 15 stocks in our Marijuana Portfolio, the average growth rate of revenue in the latest reported quarter was 251%. If you take out the outliers (14% Turning...
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The End of a Big Year
If you were investing a couple of decades ago, at the height of the dot.com boom, you no doubt remember stocks like Pets.com, Earthlink.com, Homestore.com, E Greetings Network, Chinadotcom Corp, Juno Online, Women.com Networks, Rare Medium Group, Drkoop.com, Jeeves,...
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Here are two companies that fit my screening criteria for undervalued stocks with low volatility.
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In the last few years, year-end planning has been difficult because so many provisions of the law were set to expire at the end of each year, and Congress worked on the law through the holiday seasons. But with most provisions of the law...
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