GREY:BZAMF - Post by User
Post by
challenger426on Dec 18, 2018 1:09pm
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Post# 29129955
Tax loss selling pressure
Tax loss selling pressure
TGOD is under tax loss selling pressure as so many other cannabis stocks are, along with just about every other sector. This has been a lousy 2 months for those long in the markets. It was best to be short or sit on the sidelines. The good news is that so many stock valuations have come down, especially with growth stocks, and value stocks are even lower. If the Fed doesn't hike rates tomorrow, a Santa Claus rally could begin. Looking for 2 things right now, US major indexes to hold Feb/18 levels and for rallies to hold and not sell off before the end of the trading day.