Good Tuesday afternoon friends. Well, it took a while for them to decide, but when push came to shove later in the day, the bulls finally pulled the trigger.
We'll look at how it all went down -- well, up -- in a moment. The first thing we want to do today is take care of a couple of news items from our list of Featured Stocks.
First, Biotricity (BTCY) is partnering up with a Washington-based outfit called Global to Local, which aims to provide King County's underserved population with more and better healthcare options.
Good Monday afternoon everybody, or for some of you, good Tuesday morning. Whenever it is you open our newsletter in your e-mail inbox, we hope you had a restful weekend and are ready for a great rest-of-the-week.
And for those of you who are also subscribers to the Elite Opportunity Pro newsletter, you're starting the new week out on a great foot. That's because you guys and gals locked in a 38% gain on the Direxion Daily Small Cap Bull 3X ETF (TNA) or an 84% gain in the Direxion Daily S&P Biotech Bull 3X ETF (LABU). Oh yeah... those folks also booked those gains in less than a week and a half.
You read that right. The EO Pro people banked anywhere from a 38% gain to an 84% gain (if not both) in just a little over a week.
Howdy everybody. Yep, it's a weekend edition of the SmallCap Network newsletter. For those of you who don't read our publication until the following business day, you won't see anything different. For those of you who like to read the newsletter the evening it's published though, well, it just wasn't there after Friday's close. Our apologies.
There was a good reason. That is, everything that could have possibly happened on Friday afternoon to prevent the newsletter getting done ended up happening. Nothing horrible. It was actually a comedy of errors. Problem is, the comedy of errors had a sequel.
Everything worked out in the end though, so let's get it done.
Good Thursday morning one and all. As promised in Wednesday's edition of the newsletter, today we've got a new trading idea for you from the marijuana space. Before we get to it though, we want to set the stage just a bit.
Most of the time, stocks are ultimately driven higher or lower by an economic cycle. Every now and then though, there's a secular trend which overrides any cyclical trend, dishing out rewards to people who have the foresight to spot such trends - and the guts to act on them - regardless of the economic environment
We've seen plenty of them before. In fact, we've even talked about them before here in the newsletter. Water infrastructure is one of the megatrends we've identified as something to watch for the long haul, and the Elite Opportunity service has pegged the Internet-of-Things as a key long-term theme-based opportunity to plug into. Well, we're naming marijuana to our list of secular trends worth jumping on and sticking with, and we've got a specific name in mind as one of the most brilliant ways to play it.
You know, I thought game-seven of this year's World Series was dramatic, but it pales in comparison to what happened Tuesday night/Wednesday morning. You could live ten lifetimes and not see something as crazy as the 2016 Presidential election.
On that note, what happened to the selloff? The S&P 500 futures were down nearly 5% when it became clear in the early morning Trump was going to become the next President of the United States. By the time push came to shove though, the bears were more bark than bite. The market only opened a little in the red, and ended up closing well in the black. So much for the theory that Donald Trump is going to bad for the market.
Thing is, while Trump may end up garnering more than 300 electoral votes when all is tallied -- versus the 270 he needed -- the GOP wasn't the big winner on Tuesday. The big winner was marijuana.