SYNOPSIS
Yes, Trudeau has had his share of crap to deal with recently, so maybe he does need the stress-reducer that only pot can easily provide. Everything on his plate right now could have negative repercussions for the Canadian economy. But amazingly, it’s Canadians (cult environmentalists, judges blocking a very necessary pipeline, a premier with a bone to pick on carbon taxes), who are trying to make the Canadian economy fail. The retarded president south of the border doesn’t help matters! Many Canadians’ short-sightedness blinds them to the reality of job losses, a lower Canadian dollar and declining stock prices, while ignoring the fact that they are responsible for these results! Only pot stocks are saving the day for Canadian investors right now, thanks to the ailing Justin Trudeau. Smoke on buddy!
Day by Day… Interpretation is not required in this chart. The four-day trading week was a write-off, with exceptions that will be mentioned in the remainder of this week’s edition of `TrendWatch Weekly.
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PTP… Our PTP APAR score rose to almost 700% last week. Meanwhile, the S&P/TSX Composite and S&P 500 APARs both retreated even more. The S&P/TSX Composite Index is now trending lower.
Last week we sold three new positions and bought two new ones.
PTA Perspective… The Suddenly Re-Awakened Cannabis Market!
Yes, the very week after our last update on marijuana stocks in August, their prices took flight again. We didn’t predict it; it just happened. But, that’s the kind of “high” we can appreciate. Check out all the details in this week’s edition of TrendWatch Weekly.