Stock Market
-570 ..and the fed hasn't said anything yet. :BangHead:
That was quite a close .
I had price alarms, volume alarms, stop-losses firing off, holy chit.
All the pot stks went setting off alerts, then I had to go find what triggered it, news, - guys in other rooms screaming . . .
End of month sell-off to be a expected, but sheesh.
Haven't seen this since Jan 6 , or 9/11.
A donald tweet has been known to have the same effect, cept he had a tell.
I had to go out and mow the lawn to get my blood pressure down !
With pot being changed to Schedule 3 has opened a world literally.
Now research here in the States can finally resume, miracle drugs will ensue with aid of AI .
Retailers will have access to banks, loans, this is where retail should do much better .
The stronger companies/survivors remaining I'm aware of are Canopy, Tilray, Trulieve, I'm familiar with, there are others, - I just put on ignore for very personal reasons. Lol
Due Diligence, find out about the company and find out about the effect of the law changes, came out around noon.
Stop-loss,
do it, set it, either in your mind or the broker software, so if it goes against you, you limit your loss.
If you're fortunate enuff to have a stock price double,
Sell half, do it.
Then your profit is locked in and you are playing with free money,
Any decision you make is yours, and yours alone .
( Can you tell I had a mentor)
Cheers, Good Hunting .