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Adding a Cannabis Name to Power Plays…

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I just added a cannabis name to my Power Plays service.

Why?

Most of the time, the group is EXTREMELY hard. The stocks can go down whether the news is good or bad.

Look at this chart of the ETFMG Alternative Harvest ETF (MJ):

MJ is up just +2.4% +YTD.

For comparison:

  • SPY is up 21%
  • QQQ is up 20%
  • XLE (energy) is up 53%
  • The F.A.N.G. stocks are up 27%

But once or twice a year, the cannabis sector is ripe to catch up — and it typically happens in the fourth quarter.

And this particular name I'm selecting for Power Plays seem primed for an early January effect move. (the January effect seems to happen a little earlier each year)

Want in?

Join Power Plays with a $39 monthly subscription and you'll get my full take, plus a $95 bonus on me.

Limited time!

Click here to learn all the details!

 

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