When new sectors emerge, as cannabis did in 2013 and psychedelics are doing right now, microcap companies that have struggled in other sectors will often pivot into new business. Miners become weed companies, then biotech companies, then shroom companies, as boards and management pursue new opportunities that might one day prove better than the last.
Justin Trudeau, the Prime Minister of Canada, doesn’t want you to panic. He’s assured citizens on March 18, that his government is committed to keeping the food supply chain intact, and announced a $25 billion fund to help companies in activities towards this end.
On February 21st 2020, I announced the break down of a pattern on the S&P...but was not expecting an almost 30% decline. We did actually play the downside on the pullbacks and confirmed lower high swings on the daily chart, as the market was clearly in a downtrend and we did not want to go against this.
Unless you’re among the brave and proud legions of workers with jobs that can be done from the comfort of your home office, one of the largest problems most of us now face in the age of quarantine is what to do with your time. Daytime television sucks, Netflix gets old, and video games end eventually. You could read and that’s definitely a way to kill your time, but for most of us, this page and others like it are about all the reading you’re going to do today.