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Market Overview

  • Premarket Up
  • BTC Down
  • Gold Up
  • Bonds Up
  • Vix Down
  • Gov. Shutdown Deal
  • ACB ER: double revenue QoQ but lower margin. Marijuana Sector down.

Watch

CGC and CRON: ACB down almost 6% after ER.
I kept telling you that MJ stocks are gamble before ER and wait until after ER.
However both CGC and CRON could be in 20 day bottom range(B2).
So I may play it by Flag as we have 2 more days until ER for CGC.

Flags from Monday

B2-FCAU: Up by 0.41%
P-TWTR: UP by 0.86%
P2-AMD: Up by 2.09%
R-COST: Up by 0.24%
R2-ADP: Flat
Short-HLF: Flat

Short Flag: When short fails, it usually leads to a big bounce followed by a Rally. I consider this as an opportunity for a bonus day trade.