RE:Let’s see what will be the catalyst for this stockI love question time BestBuy... lets see if I can help..
We now know yesterday that SPX and Oil has no affect on this stock - not true, a 1 day deviation does not through out broad correlation
will MM make it reasonable to have a small gain today? market makers dont determine stock direction, they may know what direction will be but they dont move the market outside the general market direction
will there be a bull trap and a bear trap? you'll only know in highsight so why ask?
all technical analysis is now signalling stay in cash? thats simply not true, all technical analysis has countering opinions and its up to the majority to determine where the significant levels are (also technical analysis isnt necessarily a driver, its only a tool in decicision making where some analysis has more wieght the others
have we hit bottom? No
is the market stabilizing or still uncertain cuz of the China trade deal? your focus on China is too narrow to accurate answer the first part
will CGC be in sync with the SPX? see question 1
thatt Battelle news looks good but will it help the SP? - no its irrelevant because the strategy does not address the current interests/ needs of the investor base to add capital
we know that canopy will be the dominant THC and CBD for Rec and Medical
but when will the market dictate this scenario? i despise this assumption and if people are only putting money into this stock because they THINK its going to be dominant because its the first/biggest deserves to have their head examined.
It would be like saying Tesla was the first electric car maker so it will dominate everything - well what happens if Elon Musk blows up the balance sheet, gets assasinated, flies himself to Mars or they just keep missing their electric car sales numbers to the point where BMW/Mercedes can catch up and dominate?