GREY:BZAMF - Post by User
Comment by
George98on Dec 31, 2019 4:29am
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Post# 30504208
RE:Expect more delays
RE:Expect more delays It is obvious that funds are abandoning cannabis sector. HMMJ performance shows it clearly.
They also leave at a slow pace the metals sector. They only sector which has inflows is oil and gas.
Everyone can confirm this by checking ETFs like HMMJ and XEG, or stocks charts. Energy stocks have dropped much in 2019 like cannabis, but they have recovered lately.
The first week of January may be bullish for all, though. But the rally is likely to last only for energy, for specific reasons.
It would be a good opportunity for portfolio restructuring, for those who don't want to stuck to 2019 false strategies.