History says (possible) good week coming Found this, now obviously everything with a grain of salt but after the massive sell-off we had in October which spurned much fear and uncertainty this may shed a little light on what is happening.
For those who are watching prices minute by minute they may be a little to close to the forest to see the trees. My take on the whole thing is that whatever big money is in this sector; and who know way more about the market than some of us retail traders/investors; drove the sector down in order to secure big positions to take advantage of the exceptionally volatile nature of the cannabis sector. This article, and there are many more out there to validate the truth of this historical market trend if you're willing to research it, tells of how November in a mid-term year has a 100% tradition of pushing markets up.
No crystal ball info on how this one will fare but if you dabble in markets one thing you likely believe is that history cannot be denied. Will this year result in a big gain? Small gain? Who's to say but most likely prices will rise in the coming trading days after Tuesday.
This also coincides with the annual tax time for large financials to reassess their holdings so a quick and massive gain in a sector which has proven volatility and now two to three years of big bumps at this time of year would suggest that there will big swings now to christmas. Do your own DD and don't get caught holding the bag. Take your profits when you can and long back in later when you can improve your position after the dust settles in the new year.
https://www.nytimes.com/2018/11/02/business/stock-market-rises-midterm-elections.html