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Looking Beyond A Day The Market Drops 483 Points In One Day. I Pick Boeing

Forget everything you know about Boeing. (It's most recent crash now points to a pilot error). The DJIA crashed on a Tuesday. It was down 432 points. Boeing was off fifty-one cents on the day. That's only a small amount. This companies chart pattern looks like it wants to go up. It spiked upwards Monday morning and rewarded those option traders brave enough to hold it over the weekend. It closed higher on that day. Then on Tuesday, once again it lost fifty-one cents. It is my opinion that Tuesdays going into Wednesdays are interesting times to hold short term Call options overnight and Thursdays going into Fridays are the worst days to do this. It's also a market where traders are accustom to buying on the dips. There are no gaurantees that this stock will go up on the opening however it is a strong stock as of late and the markets might reverse upwards on the opening. Let's wait to see if I am right. An 8:20 a.m. premarket look the following morning. The share pric...
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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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