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RE: TIB: Today I Bought (and Sold) - An Investors Journal #337 - Marijuana, S&P 500, US Tech, US Semiconductors, Europe, Russia, Gold, US Retail

in #investing6 years ago

Little spread trading strategy with CSCO and RYT, I like it. That divergence will converge at some point.

Need get some pot stock exposure myself, been talking about it for too long need to just do it.

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Thanks

I am learning with pot stocks to nibble away at a few as the field is very volatile and cash demands are steep. I am also sticking to those with exposure to legislated markets. I am especially staying away from those aiming for US until such time as the Federal Government legalizes. I am wary of the evangelists introducing legislation. there are enough stocks listed in US that could fir the bill. TLRY and APHA in my portfolios are both listed in US.

Timing: wait for a down day and make a nibble. We will get one soon when everyone forgets the Tilray news.

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