RE:Opinions on SP Correlation with Date last yearI am one of those folks who doesn't believe things are correlated to past history (but yes, I am aware that WEED has been trending in a similar way to a year ago).
That being said, something to remember is that the speculation in this sector is slowly starting to fade, and I believe the SP will perform differently than it did a year ago (this is just a guess). The difference between what information we knew last Oct/Nov is night and day compared to what we know now, and the SP will react accordingly.
As for the summer pullback, lots of people were expecting it. Could've been a combination of 'sell in May and go away', the government out of session for the summer, who knows exactly.