20 20 correctly predicted forecasts
Send me real-time posts from this site at my email

The Marijuana ETF is 12% Off Its Highs. Buy the Dip?

We knew that marijuana stocks would be volatile and they didn't disappoint this week. The daily moves as measured by the Marijuana ETF...

    • Monday: +5.4%
    • Tuesday: -1.4%
    • Wednesday: -0.8%
    • Thursday: -5.0%
    • Friday: -6.1%

The new fund is currently about 12% off of its highs set earlier this week. The volatility will no doubt remain as the industry deals with a number of legal questions and concerns. Do you think this is a "buy the dip" opportunity in this group, or do you think more downside remains.

Agree: Buy the dip.

Disagree: Stay away.