Do we now need a thread that is titled "Bulls and your portfolio"?
To be a trader these days...the highs and the lows. Being a long term invesror is a calmer ride if you can just stop looking at your portfolio performance.
Check out some of those marijuana performance charts... just mind numbing.
Plenty of room to go downwards. As hullexile predicts, recession on the horizon, and Sith, big gains accompanied by big falls. Humble opinion (doesn't mean much) keep any powder dry for now.
Think in the past, days (or consecutive days) of 5~10% gains only happen during bear markets.. bear market counter rallies...
Have been tracking Canopy and IIPR for a bit - spiked up WAY too quickly for me to be comfortable with them.
IIPR is actually an interesting one... will look at it again in a few weeks - buy and hold say 5-10K for 3-5 years at the right price.