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Exxon On A Major One Day Dip. Will Trumph In His Usual Way Add To The Confusion After The Market Closes? That's The Bet

It's Wednesday and Exxon has had its's biggest dip on the day in a long time. The DJIA is up. Here is it's chart as of 1:27 p.m. Now it's Calls that expire tomorrow. The trading volume on these contracts is relatively light. Retired U.S. Generals are coming forth and saying Trump has no strategy and just wait until more soldiers get killed. Yet four hours ago and three and two hours ago Exxon was trading at higher prices. Why now? Why an interest in looking for a rebound? Chevron is also down over $11.00. Let's also look at it's Calls. This time we are looking at Call options $2.00 or so "out-of-the-money". These are both high risk trades. Picking a bottom is never an exact science. Let's see what happens. Now this around 2:25 p.m.. Notice a slight rebound in both of these stocks. ... To be continued. This new situation might keep you up all night. A late night report might help. Here is one. Let's see what happens.
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A Canadian Company Up 68% In One Day

Canopy Growth. It's one year and one day chart.
Now it's five day chart.
What's going on? Well let's start with why it surged last August.
So now what? Why did it pop this time? Well this time, like last time many of the stocks in the marijuanas space popped. Look at the last Fridays action in these other matijuana stocks.
Here is the news this time. Many sources talk about it in different way.
Now this.
So this kind of paints the picture of what is happening. Canadian companies have kind of got the jump on growing techniques after burning through billions of dollars in startup capital. Now they are all of on a mission to expand their footprints overseas. Skeptics of the industry who have witnessed these surges in this group of stocks might now tout this as being a good time to sell. Afterall there are millions and millions of outstanding shares and the daily volumes traded are at time quite insignificant.These are difficult stocks to play and even more difficult to play are options on them. Watching this segment of the market can be exhausting experience. A March 30th update. Look at how these stocks are trading one week later after this surge.
These numbers are diffcult to read so I will print them out. Sundial up another $.25, Canopy Growth up $.96, Village Farms up $1.03, Curaleaf up $.03, Tilray up $.16, and Aurora down $.67. Let the better times roll. **** To put things into perspective look at some of these ten year charts. Timing is everything. Look at the volumes of trading coming back into some of these stocks. What do you think is going to happen next?
More news, April 3th.

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