Yesterday Not A TrendAlways good to see the barking crud picking things up a bit they need tey a whole lot harder as we could see a very healthy shift north here for the markets today....jobs report out a bit better than expected but there will be a heavy fudge factor in every area possible with this bunch of misfits at the helm.
The DOW touched green briefly after the job #s....none of which is because of the stellar performance by Biden/ team with the real job killing they have done from day 1. The markets are going to start north from here, with real strength as the news continues to come out daily now on the brutal job performance along with everything else as bad as or worse...confidence in this government can't get any lower now but it will and so will support for them in Nov and 2024 elections.
Canopy will be much more positive with FQ4/22 and FY2023 estimates than current expectations and with much more growth stateside in the near term than expected is going to ramp things up for the company and those that own, large!! All just as quick everything Biden can be reversed and the economy not only turned around but on fire. It won't the first week or even the next of the new WH denizens in '24 but it could be close, Nov voting will provide some serious clarity.
Klein is going to provide a better picture of Canopy's growth and over all position for FQ4/22 than expected but the real growth will come with as they start with what should be a substantial footprint in US as legal shades out the BM bud. JMHO...Opt
Can Canopy Growth's Stock Price Recover To $10? (NASDAQ:CGC) | Seeking Alpha